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Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

As many as 14 people, including several Indian-origin business owners and employees have been charged in a $53 million fraud scheme involving a COVID-19 pandemic relief programme in the US state of......

Indian-origin techie charged with $10m COVID-19 relief fraud

An Indian-origin engineer in the United States has been charged with fraudulently seeking more than $10 million in loans under a coronavirus relief programme set up to help small businesses. ......

Munde to move RTI on Chatwal's Padma

Deputy leader of the opposition in Parliament Gopinath Munde told rediff.com he would seek the help of Right to Information Act to find out who was responsible for according the Padma Bhushan Award......

India gets details of hundreds of Swiss bank accounts in 4th tranche

India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars......

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

Jharkhand mining secretary Pooja Singhal and her husband received 'huge' cash deposits -- to the tune of Rs 1.43 crore -- over and above her salary in their accounts, during the period she faced......

ATMs to loans: All eyes on the road for finance world

A South Block and Mint Road tango is in the offing in 2025, foregrounded by deeper consultations with various stakeholders. Illustration: Dominic Xavier/Rediff.com In the Union Budget for......

Extraordinary Story Of EPFO Digitisation

A remarkable story which helped transform a bureaucratic organisation to a customer centric organisation. This experience may inspire several government/private organisations to modify or adopt......

Crypto firms see no long term impact of fall of US banks, investors unsure

SVB crisis: After the SVB was shut down by US regulators on Friday, the crypto market plunged deep into the red, but they had largely recovered by Tuesday. Raghav Aggarwal reports. Illustration:......

'New Investors Won't Digest Such Falls'

'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.' Illustration:......

SVB crisis: Start-ups seek govt's help to bring money to India

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for......

Bollywood says NO to Australia

In response to the recent spate of violence againt Indian students in Australia, Bollywood filmmakers have decided not to shoot films in that country. The rising attacks on......

Doping admission could cost Armstrong millions

Lance Armstrong's admission that he used performance-enhancing drugs during his cycling career could hurt his bank balance as much as his reputation, with one company demanding $12 million from......

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