NEW DELHI: Enforcement Directorate has filed a prosecution complaint (chargesheet) before a special court here against Punit Garg, a close associate of Anil Ambani, in a money laundering probe against Reliance Communications (RCom).RCom, Ambani, his close associates and some family members are under investigation in the purchase and sale of an apartment worth over Rs…
NEW DELHI: Election Commission Friday sought a report from the West Bengal chief electoral officer on the recent statement by chief minister Mamata Banerjee at a public meeting in Naxalbari, Darjeeling, allegedly instigating local women to be at polling booths and use household kitchen items to deal with “necessary situations”.With her statement seen as a…
The unnamed “Big Four” firm that Tether selected to audit its $185 billion dollar-pegged USDT stablecoin is KPMG, the Financial Times reported Thursday, citing people familiar with the matter. Tether has also engaged PwC to prepare its internal systems ahead of the audit, marking the most concrete step yet toward full financial scrutiny for the…
NEW DELHI: A special Delhi court on Friday acquitted former Congress MP Vijay Darda, his son Devendra, ex-coal secretary H C Gupta and others in a coal block allocation case, ending over a decade of trial after finding the evidence “highly insufficient” to prove charges of cheating, conspiracy, or misconduct.The case stemmed from the allocation…
The crypto market tumbled to the lowest levels in more than two weeks, with bitcoin BTC$65,933.55 dropping below $67,000 and ether (ETH) closing in on $2,000. The CoinDesk 20 Index (CD20) lost 2.2% since midnight UTC, reaching its lowest since March 9. The fall coincided with a drop in U.S. equities. Nasdaq 100 futures are…
Dharmendra Pradhan (File photo) NEW DELHI: The Centre will revise a contentious NCERT textbook chapter on the judiciary under the supervision of a committee led by former Supreme Court judge Indu Malhotra, Union education minister Dharmendra Pradhan said.The minister said the move follows guidance from the Supreme Court, adding that the effort aims to ensure…
NEW DELHI: The Centre stepped in to shield consumers and oil companies from the impact of high crude prices — which have surged 62% this month over Feb for Indian refiners — and slashed excise duty, a move that will leave a Rs 1.3 lakh crore hole for the exchequer.With fuel retailers, including IndianOil, Hindustan…
Morgan Stanley plans to price its proposed spot bitcoin BTC$65,996.62 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds. The…
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