The owner of a rural chit fund firm, active in two south Bengal districts, died on Thursday in Hooghly district taking the ponzi scheme fiasco deaths in the state to 14. The police said that Asim......
The money trail of the alleged Rs 45 crore kickbacks generated from the Delhi excise policy "scam" and used for the 2022 Goa election campaign by the Aam Aadmi Party, as claimed by the Enforcement......
A Kolkata sub-divisional magistrate's court on Thursday sent Ponzi king Sudipta Sen and two other accused to police custody for 14 days over their role in the Saradha chit fund scam. Media reports......
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board......
The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies......
The prescribed ceiling of aggregate chit fund deposits for individuals has been raised from Rs 1 lakh to Rs 3 lakh and in case of firms, the limit has gone up from Rs 6 lakh to Rs 18 lakh.......
RBI has allowed NRIs to invest in chit fund companies on a non-repatriation basis, subject to certain conditions The Reserve Bank of India (RBI)’s recent decision to allow non-residential......
From modest beginnings in Thrissur in the 1800s to provide loans to traders and merchants to tide over financial problems, chits funds or kuri companies have grown by leaps and bounds in Kerala,......
Congress MP Adhir Choudhury has pegged the loss at Rs 17,000 crore. Frustrated depositors and agents on Saturday vented their anger by ransacking Saradha offices across West Bengal. An agent in......
The finance ministry has proposed to decriminalise a host of minor offences, including those relating to cheque bounce and repayment of loans, in as many as 19 legislations to help businesses tide......
Over Dosas in Mumbai, Oscar winner Megan Mylan tells Vaihayasi Pande Daniel why she chose India and girl empowerment as the subject of her new documentary. Image: Megan Mylan (centre) with her......
IMAGE: After the tour of Netherlands and Ireland, Pakistan will travel to England where they will play three World Test Championship Tests from July 30 to August 20 . Photograph: Francois......
Bogged down by inefficient administration and unable to attract financing, the once legendary football clubs of Kolkata are fading into irrelevance Odafe Okolie, right, trains with Jose Barreto,......