KANPUR: Enforcement Directorate (ED) is set to register a money laundering case against Ponzi scheme fraud mastermind Ravindranath Soni, who allegedly duped over 1,000 investors of Rs 970 crore across 12 countries, a source said.The agency has completed a preliminary investigation and is expected to lodge a case against Soni soon.ED officials had earlier sought…
NEW DELHI: A Delhi court on Saturday ordered the release of Christian James Michel from custody in a money laundering case linked to the AgustaWestland VVIP chopper scam, holding that he has already spent the ‘maximum period’ of incarceration prescribed for the offence.Allowing Michel’s plea seeking release in the case filed by ED, special CBI…
A debate on X over whether Fundstrat analysts are sending mixed signals on bitcoin intensified over the weekend, prompting a response from the firm’s co-founder, , that appeared to endorse a more nuanced explanation of the differing views. The discussion began after an X user known as “Heisenberg” (@Mr_Derivatives) screenshots that he said showed contrasting…
NEW DELHI: Stock market regulator Sebi is working with RBI and the insurance regulator to enable participation of banks and insurance companies in commodities derivatives markets, its chairman Tuhin Kanta Pandey said on Saturday.Working groups have also been set up to suggest measures to deepen the Agri Commodity Derivatives ecosystem, he said. Among other things,…
JAMSHEDPUR: Fog hung low over the road as a young father stepped out of a govt hospital in Jharkhand’s Chaibasa with nothing left to save. Inside a plastic grocery bag pressed close to his chest lay the body of his four-month-old son. No ambulance was ready. No money remained. So he turned towards a public…
Uniswap’s UNI token rallied about 19% over the past 24 hours as on-chain voting began on a major governance proposal that would activate protocol fees and introduce a long-discussed UNI burn mechanism. UNI began climbing shortly after the voting period opened at 03:50 UTC on Dec. 20, according to Uniswap governance data. A one-day UNI-USD…
NEW DELHI: Comptroller and Auditor General (CAG) audit tabled in Parliament on Thursday flagged serious shortcomings in Ex-Servicemen Contributory Health Scheme (ECHS), pointing to inadequate hospital coverage, long-pending manpower shortages, delayed payments and infrastructure gaps that have affected healthcare access for retired defence personnel and their families.It reviewed the scheme’s performance between 2018-19 and 2022-23…
VanEck has updated its filing for an Avalanche exchange-traded fund, VAVX, to include staking rewards and generate income for investors. In an amended S-1 filed with the U.S. Securities and Exchange Commission, the firm disclosed that the fund may stake up to 70% of its AVAX holdings to generate yield, with Coinbase Crypto Services listed…
KOLKATA: Football legend Lionel Messi‘s India Tour event organiser and the prime accused in the Salt Lake Stadium chaos, Satadru Dutta, has claimed “influential people” pressured him to triple the number of access cards for the event. This, he claimed, led to Messi feeling “unhappy about being touched or hugged” by random people.Dutta, arrested within…
Srinagar: A special court in Jammu and Kashmir Saturday issued a non-bailable warrant (NBW) against Pakistan-based Hizbul Mujahideen outfit supreme commander Mohammad Yousuf Shah alias Syed Salah-ud-Din in a 2012 UAPA case.A court of special judge, designated under the NIA act in central Kashmir’s Budgam ruled, “Mohammad Yousuf Shah alias Syed Salah-ud-Din is evading arrest…
