Foreign Banks
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Foreign Banks Bought Nearly $1 Billion Of Indian Bonds On Thursday: Report
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed.
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Explained: Why RBI Keeps Gold Reserves In Foreign Vaults
The Reserve Bank of India transferred 100 metric tonnes of gold from the United Kingdom to domestic vaults in FY24, making it one of the largest gold movements since 1991, according to reports.
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Supreme Court Defers Plea Seeking Steps To Recover Black Money Stashed Abroad
The Supreme Court today deferred the hearing of a petition filed in 2009 by senior advocate the late Ram Jethmalani and others seeking steps to recover black money stashed in foreign banks.
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Lying French Tax Fraud Witness Pierre Condamin-Gerbier Convicted in Switzerland
A man who acknowledged lying when he served as a key witness in a major French tax fraud investigation was sentenced to a two-year suspended prison term in Switzerland Friday.
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250 People Have Admitted to Having Foreign Black Money Accounts: Jaitley
Finance Minister Arun Jaitley will reply today in Lok Sabha to a debate on untaxed or black money stashed away in foreign accounts. In the Rajya Sabha on Wednesday, opposition parties like the Congress, Trinamool Congress and Left walked out as the minister spoke, saying they were "disappointed" with his reply.
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How 14,000 Crores Exited Indians' Bank Accounts in Switzerland
Swiss officials told the Indian government that in 2006, Indians held about 23,000 crores in banks there. In 2010, the amount fell to 9,000 crores.
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Shiv Sena Credits Supreme Court With Divulging Foreign Bank Account Holders' Names
Snubbing the Centre for revealing the identity of only a few foreign bank account holders in the first tranche with regard to the blackmoney issue, Shiv Sena today credited the Supreme Court with bringing out these names in public domain.
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Black money must be brought into the country: BJP
BJP President Nitin Gadkari today said the black money stashed in foreign banks should be brought to the country to channelize the amount into development works. Besides providing basic amenities like drinking water, power, laying roads and providing better healthcare facilities for the common man, such huge amount of cash can safely meet the...
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Black money is 'mind-boggling crime': Supreme Court
The Supreme Court has criticized the government for its reluctance to reveal publically the 26 Indians who hold accounts, allegedly for black money, in Germany's Liechtenstein Bank. "It is a pure and simple theft of national money. We are talking about a mind-boggling crime, not niceties of various treaties... This is the plunder of the...
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Foreign Banks Bought Nearly $1 Billion Of Indian Bonds On Thursday: Report
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed.
-
Explained: Why RBI Keeps Gold Reserves In Foreign Vaults
The Reserve Bank of India transferred 100 metric tonnes of gold from the United Kingdom to domestic vaults in FY24, making it one of the largest gold movements since 1991, according to reports.
-
Supreme Court Defers Plea Seeking Steps To Recover Black Money Stashed Abroad
The Supreme Court today deferred the hearing of a petition filed in 2009 by senior advocate the late Ram Jethmalani and others seeking steps to recover black money stashed in foreign banks.
-
Lying French Tax Fraud Witness Pierre Condamin-Gerbier Convicted in Switzerland
A man who acknowledged lying when he served as a key witness in a major French tax fraud investigation was sentenced to a two-year suspended prison term in Switzerland Friday.
-
250 People Have Admitted to Having Foreign Black Money Accounts: Jaitley
Finance Minister Arun Jaitley will reply today in Lok Sabha to a debate on untaxed or black money stashed away in foreign accounts. In the Rajya Sabha on Wednesday, opposition parties like the Congress, Trinamool Congress and Left walked out as the minister spoke, saying they were "disappointed" with his reply.
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How 14,000 Crores Exited Indians' Bank Accounts in Switzerland
Swiss officials told the Indian government that in 2006, Indians held about 23,000 crores in banks there. In 2010, the amount fell to 9,000 crores.
-
Shiv Sena Credits Supreme Court With Divulging Foreign Bank Account Holders' Names
Snubbing the Centre for revealing the identity of only a few foreign bank account holders in the first tranche with regard to the blackmoney issue, Shiv Sena today credited the Supreme Court with bringing out these names in public domain.
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Black money must be brought into the country: BJP
BJP President Nitin Gadkari today said the black money stashed in foreign banks should be brought to the country to channelize the amount into development works. Besides providing basic amenities like drinking water, power, laying roads and providing better healthcare facilities for the common man, such huge amount of cash can safely meet the...
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Black money is 'mind-boggling crime': Supreme Court
The Supreme Court has criticized the government for its reluctance to reveal publically the 26 Indians who hold accounts, allegedly for black money, in Germany's Liechtenstein Bank. "It is a pure and simple theft of national money. We are talking about a mind-boggling crime, not niceties of various treaties... This is the plunder of the...
