Money-laundering probe: ED files chargesheet against betting website owned by Pakistanis; 14 accused named | India News

NEW DELHI: The Enforcement Directorate (ED) on Sunday said it has filed a chargesheet against Magicwin, a betting website owned by Pakistani nationals based in the United Arab Emirates (UAE).According to the ED, the prosecution complaint—equivalent to a chargesheet—was filed on January 15 before a special Prevention of Money Laundering Act (PMLA) court in Ahmedabad,…

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Chinese EV giant BYD is a buy — and not just for its cars, Bernstein says

The poster child for China’s electric car boom is also an underappreciated leader in batteries. That’s the latest call from Bernstein, whose analysts this week reiterated an outperform rating on Hong Kong-traded shares of Chinese automaker BYD . BYD is the second-largest battery manufacturer in the world measured by electric vehicle installations — shipping 70%…

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Dubai raises minimum wages: What new UAE salary rule means for workers and employers

UAE raises minimum wages: What are the new Dubai salaries for workers in different sectors? Dubai and the wider United Arab Emirates are advancing a major shift in private-sector compensation norms with a new minimum wage policy for Emirati workers as a part of the broader efforts to strengthen labour standards and boost Emiratisation. Although…

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Crypto used for terror funding in J&K? Agencies flag digital ‘hawala’ network; how it works | India News

NEW DELHI: Security agencies have flagged a sophisticated “crypto hawala” network allegedly being used to bypass the country’s financial safeguards to funnel untraceable foreign funds into Jammu and Kashmir, raising concerns that the money is being used to finance terror activities in the Union territory, officials said on Sunday.The development has put the security establishment…

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India to grow at a healthy 7% in 2026-27 despite global uncertainties: CareEdge

India to grow at a healthy 7% in 2026-27 despite global uncertainties: CareEdge Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of seven per cent in the upcoming financial year 2026-27, CareEdge Ratings has asserted.The growth momentum, according to the rating agency, will be supported by factors such as…

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