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Saturday, April 11, 2026
TopicRose Valley

Topic: Rose Valley

FATF cites ED’s restitution to Rose Valley, IREO depositors in paper on global best practices

ED welcomed FATF mentions, saying ‘inclusion of Indian examples, references to ED’s practices underlines credibility of India’s enforcement mechanisms’.

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.

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.  

On Camera

What can be expected from the ongoing talks in Islamabad? Odds of resolution remain slim

The initial ceasefire functioned less as a resolution and more as a pause—an opportunity for both sides to recalibrate, while claiming victory.

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.