FUNDING

  • Kolkata: High Court seeks details of money spent by Justice Sen Commission Yesterday

    Kolkata: The Calcutta High Court on Friday sought details of the money spent by Justice Shyamal Sen Commission which probed the multi-crore Saradha chit fund scam. Hearing a PIL, a division bench of Chief Justice Manjula Chellur and Justice Joymalya Bagchi asked the government to submit in four weeks the details...
  • Narendra Modi courts Canada banks, insurers, pension funds 2 days ago

    Toronto: Top executives at Canada's largest banks, insurers and pension funds sounded bullish over investing in India after meeting Prime Minister Narendra Modi, who is making the first bilateral visit to Canada by an Indian premier for 42 years. Modi held a roundtable with the heads of major Canadian financial institutions...
  • PMO wants ministries to fast-track plans and projects 3 days ago

    New Delhi: The Prime Minister's office (PMO) on Wednesday cracked down on slow decision making process in ministries. The PMO said that all ministries should approve plans and projects on fast-track basis, sources said. It wants all state plans to be finalised by April. It has asked secretaries to disburse funds...
  • Martyred SPO's family asked to return Rs 10,000 given for his last rites 4 days ago

    New Delhi: In a shocking incident, the family of Special Police Officer Kishore Pandey, who was martyred in a Naxal attack in 2011 in Chhattisgarh, has been asked to return Rs 10,000 given for his last rites. The money was used from the Police welfare fund. The family received the...
  • Bullet News: Catch the day's top stories April 6, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Zakka Jacob April 6, 2015

    Catch the day's top stories with Zakka Jacob on India @ 9. ...
  • News 360: Man beaten to death for car collision in Delhi road rage April 6, 2015

    Delhi Police on Monday detained one person after a man was allegedly beaten to death in a suspected case of road rage. The victim identified as Shahnawaz was beaten up by a group of people on Sunday after his motorcycle collided with a car in Turkman gate area of Old...
  • CBI expresses inability to probe all Saradha scam cases, asks police to probe cases involving amount below Rs 50 lakh April 6, 2015

    New Delhi: The Central Bureau of Investigation (CBI) on Monday expressed its inability to probe all the chit fund cases emerging from the multi-crore Saradha scam. Responding to the Supreme court, the agency said that the agency is unable to probe all the cases and urged the apex court to...
  • WCD Ministry replaces MHA as nodal agency for Nirbhaya Fund April 5, 2015

    New Delhi: The government has made the Women and Child Development (WCD) Ministry the nodal agency for the Nirbhaya Fund in place of the Ministry of Home Affairs, which could utilise only one per cent of the pool set up after the brutal gangrape of December 16, 2012 in the...
  • Rose Valley chit fund scam amount almost Rs 60,000 crore, several political leaders under scanner April 2, 2015

    Kolkata: After the Saradha multi-crore chit fund scam, West Bengal has been struck by another ponzi scheme. The Rose Valley chit fund company has duped over 1 crore people and leaders from different political parties have now come under the scanner. Rose Valley chit fund scam is believed to be...
  • Enforcement Directorate files chargesheet in Rose Valley ponzi scam case April 2, 2015

    The Enforcement Directorate on Thursday evening filed the chargesheet in multi-crore Rose Valley ponzi scam. The chargesheet include names of six accused including head of the group. The Economic Offence Wing (EOW) of state police had seized properties of Rose Valley which include 17 acres land and buildings on it worth...
  • No foreign funding, no money from capitalists: Anna Hazare March 26, 2015

    Ralegan Siddhi: Anti-corruption crusader Anna Hazare, who recently announced a nationwide 'jail bharo andolan' against the NDA government's Land Acquisition Bill, claimed that he has never received foreign funds or money from capitalists for the work he is engaged in. "I want to deny allegations of receiving foreign funds and...
  • UK court asks Pakistan to pay 150,000 pounds to India as legal fee March 22, 2015

    London: In a setback to Pakistan, a UK court has directed it to pay 150,000 pounds to India as legal fees in the 67-year-old Hyderabad Funds case involving the Nizam's money while terming Pakistan's behaviour as "unreasonable". Holding that Pakistan has no "sovereign immunity" in the case, the Judge ordered...
  • Centre to states: Use State Disaster Response funds to provide relief to farmers March 19, 2015

    New Delhi: The Centre on Thursday said states can use State Disaster Response Fund (SDRF) for providing relief to farmers in the wake of natural calamities like hailstorm. The Central Government has also asked the states to seek assistance under the National Disaster Response Fund in case they require more funds...
  • Government cancels licences of 1,142 NGOs to receive foreign funds March 17, 2015

    New Delhi: Cracking down on erring NGOs, government has cancelled licences of 1,142 NGOs belonging to undivided Andhra Pradesh, under which they get foreign funds, for not filing their annual returns for three consecutive years. The foreigners division of the Home Ministry has served notices to NGOs on October 16, 2014...
  • IMF raises growth forecast for India to 7.2% in FY15 but warns of both global and domestic risks March 12, 2015

    Mumbai: The International Monetary Fund has raised the growth forecast for India in the current fiscal to 7.2 per cent but warned that both global and domestic risks could rock the boat. The IMF says India is poised to grow at a faster pace in this fiscal, especially given the...
  • ED to crackdown on Hurriyat leaders, sources says Pakistan funding Shabbir Shah March 9, 2015

    New Delhi: The Enforcement Directorate is planning a crackdown on Hurriyat leaders as they are in possession of evidence to show Pakistan funding Shabbir Shah, sources said on Monday. Sources said they will shortly summon Shabbir Shah adding that there are evidence of at least four deliveries made, totaling nearly...
  • Barack Obama re-nominates Indian-American to key administration post March 5, 2015

    Washington: US President Barack Obama has re-nominated Sunil Sabharwal, an independent Indian-American investor, to a key administration post as Alternate Executive Director at the International Monetary Fund. First nominated in April 2014 to the position of Alternate Executive Director of the IMF, Sabharwal has been an independent investor in the payments...
  • Budget has nothing for farmers, looks like a vision document February 28, 2015

    (By Kalvakuntla Kavitha, MP, Nizamabad in Telangana State) New Delhi: A detailed study and analysis of the budget takes sometime. Because a lot of things sound and look good, when we take them at face value. We need to go to the fine print to find out or decide if...
  • Union Budget 2015: FM Arun Jaitley raises Nirbhaya Fund to Rs 2,000 crore February 28, 2015

    New Delhi: Finance Minister Arun Jaitley on Saturday doubled the Nirbhaya Fund to Rs 2,000 crore from Rs 1,000 crore. "My Government is committed to safety and security of women. In order to support programmes for women security, advocacy and awareness, I have decided to provide another 1,000 crore to the...
  • MPs demand five fold increase in MPLAD funds, Lok Sabha Deputy Speaker to meet Modi February 26, 2015

    New Delhi: Cutting across the party line, MPs are demanding an increase in funds allocated to them for development work in their constituencies from Rs 5 crore to Rs 25 crore. The MPs said the increase in the fund is necessary since Prime Minister Narendra Modi had asked them to...
  • Mutual fund investors cannot buy or sell on Budget day February 25, 2015

    New Delhi: Investors will not able to buy and redeem mutual fund units on February 28 even as stock markets remain open on Saturday when Finance Minister Arun Jaitley will present the much-awaited Union Budget. "It will be a non-business day for mutual funds on the Budget day. An investor cannot...
  • Day 2: Bhavnagar-based diamond trader bids Rs 1.40 crore for PM Modi's suit February 19, 2015

    New Delhi: The auction of Prime Minister Narendra Modi's bandgala monogrammed pinstripe suit began in Surat on Wednesday and will go on for three days. The highest closing offer on the second day came from a diamond trader and ship-breaking tycoon from Bhavnagar, K.K. Sharma, who is also the chairman...
  • Pinterest seeks $11 billion valuation with new funding: Report February 19, 2015

    Bengaluru: Pinterest, a photo pin-up site, is in talks to raise $500 million in a round of funding that would more than double its valuation to $11 billion, the Wall Street Journal reported, citing people familiar with the matter. The company plans to raise the funds in the coming weeks, but...
  • AAP demands apology from BJP after Delhi HC's clean chit on foreign funds February 19, 2015

    New Delhi: After the Delhi High Court gave a clean chit to the Aam Aadmi Party on its foreign funds, the party has demanded an apology from the ruling Bharatiya Janata Party government at the Centre on the issue. The development took place after the Centre told the high court...
  • Centre takes a U-turn in Delhi HC, gives clean chit to Aam Aadmi Party's foreign funding February 18, 2015

    New Delhi: In a clear U-turn, the Centre on Wednesday told the Delhi High Court that nothing objectionable was detected in the foreign funding of Aam Aadmi Party (AAP). In the run up to the Delhi Assembly elections, the Bharatiya Janata Party (BJP) and Congress had tried to corner AAP over...
  • Day 1: NRI Viral Choski bids Rs 1.1 crore for PM Modi's suit February 18, 2015

    New Delhi: The auction of Prime Minister Narendra Modi's bandgala monogrammed pinstripe suit began in Surat on Wednesday and will go on for three days. At the end of Day 1 of the auction, NRI Viral Choski bid's at Rs 1.1 crore for the Modi suit was the highest. Surat...
  • NRI Viral Choski bids Rs 1.1 crore for PM Modi's suit February 18, 2015

    The auction of Prime Minister Narendra Modi's bandgala monogrammed pinstripe suit has begun in Surat on Wednesday and will go on for three days. The proceeds will go to the Namami Gange trust also known as the Clean Ganga Fund. The entire suit and pant had Narendra Damodardas Modi repeatedly...
  • SC restrains police from arresting Teesta Setalvad till February 19 February 13, 2015

    New Delhi: In a relief for activist Teesta Setalvad, the Supreme Court has extended the stay on her arrest in Gulbarg Society fund embezzlement case till 19 February. It said that the allegations against Setalvad are grave and the court has also warned her counsel against bringing politics into the...
  • Watch: 'The Week That Wasn't' with Cyrus Broacha February 8, 2015

    In this episode of 'The Week That Wasn't', Cyrus Broacha takes on Delhi elections, Indian Hockey men's new coach Paul van Ass, AIB roast and AAP funding row. He also talks to BJP's chief ministerial candidate 'Kiran Bedi'. ...