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Saturday, August 16, 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

SC’s stray dog order lit a match in Delhi. Are they a menace or companions?

The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?