THE Financial Action Task Force (FATF) will monitor Pakistan's progress in implementing a proposed plan against financing for militant organizations ahead of a meeting in October, the international watchdog body said on Friday (23). Its Asia Pacific Group on Money Laundering (APG) met in Canberra this week to discuss reports…
WITH India's auto sales declining for the ninth straight month in July, more automotive manufacturers are laying off workers and temporarily halting production to keep costs in check, according to sources and documents. Japanese carmaker Toyota Motor and South Korea's Hyundai Motor are the latest in a string of companies…
FORMER Indian finance minister P Chidambaram asked for "helping" his son Karti's business and make overseas remittances in lieu of granting FIPB approval to INX Media, Indrani Mukerjea had told investigators probing the money laundering and corruption case related to the media firm. Mukerjea recorded her statement under the Prevention…
PRIME MINISTER Narendra Modi's governance model is not a "complete negative story" and not recognizing his work and demonizing him all the time is not going to help, said Congress leader Jairam Ramesh. It is time we recognize Modi's work and what he did between 2014 and 2019 due to…
THE Congress party on Thursday (22) came down heavily on the Bharatiya Janata Party (BJP) led Indian government over the arrest of P Chidambaram, accusing it of using the federal probe agencies CBI and the ED as "personal revenge-seeking departments". Senior Congress leader and former finance minister Chidambaram was arrested…
INDIA’S external affairs minister S Jaishankar and his Nepalese counterpart Pradeep Gyawali have reviewed bilateral ties with special focus on connectivity and economic partnership, officials said here on Thursday (22). The two leaders also discussed matters related to cooperation in international, regional and sub-regional fora at the 5th Nepal-India Joint…
INDIA’S former finance minister, senior Congress party leader P Chidambaram became the latest entrant in the list of high-profile people to have been put behind bars when the federal probe agency Central Bureau of Investigation (CBI) arrested him on Wednesday (21) in the INX media case. The 73-year-old will be…
CLIMATE change will damage the economies of countries whether they are rich or poor, hot or cold by the year 2100, economists said in a new report, dispelling the notion that impoverished, warm countries will suffer the most on a warming planet. Researchers who examined data from 174 countries over…
A MILITANT and a police officer were killed in a gun battle in Kashmir, police said Wednesday (21), as tensions simmered in the territory. The clash in north Kashmir's Baramulla district was the first to be reported by the authorities since New Delhi revoked the autonomy of Kashmir and imposed…
SEPARATIST leaders in Kashmir have urged people to defy a ban and join a mass march after Friday (23) prayers this week, the first such call since the federal government revoked the region's autonomy, stirring anger in the region and beyond. Hundreds of political leaders and activists, many of them…