Clean chit for Karmapa in currency haul case

The Himachal Pradesh government on Friday gave a clean chit to Karmapa Ugyen Trinely Dorji in the foreign currency haul case, saying he has no links with the money seized from his transit home near......

Bank accounts of Karmapa backed trust frozen

Bank accounts of a trust backed by Karmapa Ugyen Trinley Dorje and its trustees have been frozen in connection with the probe into the seizure of a huge amount of foreign currency from a transit......

Enforcement sleuths grill Karmapa's aides

A high-level Enforcement Directorate team on Tuesday questioned aides of Karmapa Ugyen Trinley Dorje who are managing the trust backed by him about foreign currency worth over Rs 7.5 crore seized......

'India is Karmapa's second home, he is happy here'

The police on Sunday questioned the Karmapa and also arrested two more persons in connection with the seizure of foreign currency worth over Rs 7.5 crore from the offices of a trust backed by him.......

India's tweaking of FDI norms aimed at only China

'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr......

'$1.37bn pumped into real estate in smaller cities in 2015-18'

'In the absence of direct bank or NBFC funding, builders are unable to complete the stuck projects leading to a pile of approximately 5.75 lakh units stuck/delayed in top cities.' Photograph:......

Savers in dark over Sahara's latest shadow banking schemes

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering In 2004, Khitish Kumar Pandey took Rs 10,000 ($150) out......

Sebi struggles to shield savers from more Saharas

As regulators try to contain one of India's most spectacular investment scandals, dozens of smaller but similar schemes continue to mushroom, employing tactics similar to the ones that enriched the......