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Compliance under PMLA, demands reporting entities’ registration and adherence to regulatory norms like KYC, transaction records, and reporting of suspicious activities

28 crypto/ VDA platforms register with FIU-India to comply with PMLA norms

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Offshore crypto exchanges must register with India’s FIU: Finance Ministry As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX, and...
Indian Americans criticize Baldwin for propagating falsehoods against Hindus to gain Muslim votes

Democrat Lawmaker introduces an anti-Hindu, anti-India Resolution; Indian American Purnima Nath slams the move

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After SB 403, now Senate Resolution 424 After the California legislature pushed a discriminatory bill SB 403 against Hindus, now a massively concerning development against...
Investment demand appears to be resilient with the government’s infrastructure spending, an uptick in private capex, automation, digitalization, and indigenization providing a boost

India’s GDP growth expected to accelerate in Q3 of 2023-24: RBI bulletin

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GDP growth expected to accelerate in Q3 of 2023-24 The momentum of India's GDP growth is sequentially expected to be higher in Q3:2023-24, "with festival...
The BJP is the only national party that has a foothold in four major states in south Tamil Nadu, Telangana, Karnataka, and Andhra Pradesh

Why in the 2024 Lok Sabha polls six South Indian states do not matter?

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2024 Lok Sabha polls & South-Indian politics If “2024 Lok Sabha polls and South-Indian politics”, this interesting subject is chosen for an in-depth analysis, two...
Goyal contended that his arrest by ED was ‘illegal’ and sought setting aside of Special Court orders remanding him to ED custody

Bombay HC dismisses Jet Airways founder Naresh Goyal’s plea against ‘illegal arrest’ in Canara...

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Court junks Naresh Goyal's plea against 'illegal' arrest by ED The Bombay High Court dismissed Jet Airways founder Naresh Goyal’s plea challenging his ‘illegal arrest’...
Penalty imposed on Shree Lodra Nagarik Sahakari Bank Ltd, Malpur Nagarik Sahakari Bank Ltd and Limbasi Urban Co-operative Bank Ltd

RBI imposes fine on 3 Gujarat banks for violating norms

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RBI action taken against the banks is based on deficiencies in regulatory compliance The Reserve Bank of India (RBI) has imposed monetary penalties on three...
ED made arrests after searching over 15 locations in Delhi, Ambala, Panchkula, Chandigarh and Mumbai in the offices and residential premises linked to the accused

ED arrests promoters, CA of Parabolic Drugs PVT Ltd in Rs.1,626 cr bank fraud...

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ED arrests Ashoka University co-founders & Parabolic Drugs promoters Pranav Gupta, Vineet Gupta in alleged money laundering case In a major development, the Enforcement Directorate...
CBI registered the case on September 30, 2023, on the basis of a complaint lodged by the Indian Overseas Bank in May

CBI registers case against Nimbus Communications, its 3 directors in bank fraud case

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CBI names Nimbus Communication, directors for defrauding the Indian Overseas Bank amounting to Rs.76.34 cr The Central Bureau of Investigation (CBI) has registered a case...
Recruitment of clerical staff in the banks has come down drastically year after year and there is a virtual ban on appointment of subordinate staff and cleaning staff

Bank employees to strike for 13 days between Dec 4 – Jan 20 over...

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AIBEA announces strikes in different nationalized and private banks from Dec 4-11 and from Jan 2-6 The largest workers’ union in the banking sector, the...
Raids are being carried out at the premises belonging to associates of Lawrence Bishnoi, Bambiha, and Arshdeep Dalla gangsv

Massive crackdown by NIA on Khalistan-gangster nexus; raids 51 locations in 6 states, 2...

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Khalistan-Gangster Nexus: NIA searches at 13 locations in Rajasthan, 30 places in Punjab, 10 in Haryana, two in Delhi, and in UP as well In...

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