Banking
GANG BEHIND RS 10,000 CRORE HAWALA RING BUSTED
NEW DELHI (TIP): The Enforcement Directorate has busted a hawala network in Ahmedabad which had allegedly laundered more than Rs 10,000 crore through a private bank in Surat to Dubai and Hong Kong. The ED […]
SEBI’S PUBLIC OFFER NORMS BAT FOR RETAIL INVESTORS
MUMBAI (TIP): In its endeavour to put retail investors’ interest above that of other shareholders in listed companies, market regulator Sebi had to turn down requests from the divestment department of the government for suspension […]
NRIs RETURN HOME TO WORK AS ECONOMY SURGES
MUMBAI (TIP): The trend of Indians returning from abroad to work here has picked up pace with the recovery in the country’s economy. Counter intuitively this is even as the monetary benefit that these executives […]
Sahara woes continue in the Supreme Court
Facing tough times in its attempt to get its Chief Subrata Roy out of jail, Sahara Group on Tuesday landed in a soup again as the Supreme Court asked it to explain how it encashed […]
Indian American Shajan Kuriakose vies for Alderman’s seat in Chicago
WASHINGTON, DC: Shajan Kuriakose, a financial consultant with Indian roots, has will challenge incumbent Alderman Debra Silverstein for the 50th Ward seat in Chicago. In an interview with DNAinfo Chicago, the 36-year-old stated his goal […]
SAHARA PLANS TO SUE MIRACH CAP
NEW DELHI (TIP): Sahara group on Thursday said it plans to initiate civil and criminal proceedings against US-based Mirach Capital for alleged forgery in committing an over $1 billion bailout package in lieu of the […]
US UNVEILS NEW TRAVEL AND TRADE RULES ON CUBA
WASHINGTON (TIP): The United States rolled out a sweeping set of measures on January 15 to significantly ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. Defying […]
Texas is in danger of a recession
DALLAS (TIP): The shale oil boom has been a blessing to Texas, making the state an economic standout during the past few years of ho-hum U.S. growth. But oil’s dramatic plunge below $55 a barrel […]
ITAT RULING GIVES A BOOST TO BLACK MONEY FIGHT
MUMBAI (TIP): In the first ever ruling relating to taxation of black money stashed in overseas tax havens, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has given the taxman a lot to […]
Black money case: Can’t disclose names of foreign account holders: Govt to SC
NEW DELHI (TIP): The Union government on Friday filed an application in the Supreme Court, saying it cannot disclose details of foreign accounts held by Indians which are governed by bilateral double taxation avoidance treaties. […]
COAL BLOCK CANCELLATION WILL AFFECT GDP GROWTH ADVERSELY, INDIA RATINGS SAYS
COIMBATORE (TIP): The Supreme Court‘s (SC) decision to cancel all but four coal blocks allocated since 1993 could adversely affect the nascent economic recovery, India Ratings and Research has said. The impact of this ruling […]
Dallas voted ‘Best International Skyline’
DALLAS (TIP): Social media was buzzing throughout a USA Today contest as architecture buffs and residents of the various stakeholder cities weighed in with their opinions. But in the end, everything is still bigger in […]
SCOTLAND READY TO MAKE HISTORY: INDEPENDENCE LEADER
EDINBURGH (TIP): Scotland‘s proindependence leader Alex Salmond said the “eyes of the world” were on a momentous referendum next week as officials reported record numbers registering to vote on breaking away from the United Kingdom. […]
Senator Tony Avella- the man you can trust to be on your side
Remember to vote for Tony Avella on Tuesday, September 9 Senator Tony Avella has dedicated his life to fighting for middle-class families and progressive Democratic values. Senator Avella’s distinguished public service career began over 30 […]