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Saturday, July 19, 2025
TopicRose Valley

Topic: Rose Valley

What paved way for Rs 12 crore restitution to Rose Valley investors mid-trial

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.

Rose Valley has returned Rs 10,500 crore of investor money, says ED

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.

ED attaches assets of KKR, Kolkata’s St Xavier’s College in Rose Valley ponzi scam

Probing money laundering charges, the ED has attached Rs 1 crore from 3 accounts of St Xavier’s College and Rs 11.87 crore of KKR.  

CBI summons Partha Chatterjee & Rajeev Kumar as it investigates Saradha, Rose Valley scams

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.

Supreme Court refuses to monitor ongoing CBI investigation into Saradha chit fund scam

The top court had directed Rajeev Kumar to cooperate into the investigation.

On Camera

Critical minerals are the new oil. India can’t afford to depend on China

Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.