ED welcomed FATF mentions, saying ‘inclusion of Indian examples, references to ED’s practices underlines credibility of India’s enforcement mechanisms’.
Assets Disposal Committee constituted by Kolkata HC will work on restitution plan for 22 lakh Rose Valley investors on principle of ‘proportionality’, it is learnt.
An official said that ED has also attached properties worth Rs 4,500 crore and filed 2 prosecution complaints with the designated Prevention of Money-Laundering Act court.
TMC leader Partha Chatterjee was called in after his name reportedly surfaced during the CBI's questioning of party spokesperson Derek O'Brien in connection with the Saradha scam.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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