GURUGRAM MAN SLAPS SECURITY GUARD
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has fined Axis Bank over Rs 1.66 crore for failure to detect and report suspicious transactions involving a fraudulent account created in the name of the NSG counter-terrorist force. The agency's order under the PMLA found Axis Bank employees complicit in a large-scale fraud. The bank was directed to review its monitoring mechanisms, improve data-sharing practices, and implement stringent employee screening and training programs.
FIU imposes over Rs 1.66 cr fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit (FIU) has fined Axis Bank over Rs 1.66 crore for failing to detect and report suspicious transactions involving a fraudulent account in the name of the National Security Guard (NSG). This action, under the Prevention of Money Laundering Act (PMLA), highlighted that an Axis Bank employee was complicit in creating the fraudulent account for illicit funds. The FIU criticized the bank for not having adequate mechanisms to identify and report such activities.
The US can't be protectionist and world leader
US President Joe Biden's economic nationalism challenges the Pax Americana legacy. The Smoot-Hawley Tariff Act of 1930 symbolises a protectionist era leading to global conflict.
These largecaps have ‘Strong Buy’ & ‘Buy’ recos and upside potential of more than 25%
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2022: Twin-tower demolition, conflicts in housing societies and Yogi breaking 'Noida jinx'
Uttar Pradesh Chief Minister Adityanath also broke the three-decade-old "Noida jinx" as he stormed to power for a second time in a row. Since Veerendra Bahadur Singh's ouster as chief minister in 1988 after a trip here, a superstition was nurtured that any chief minister visiting Noida would be out of power.
August activity and August indifference
I am reminded of a video shot inside a West Bengal police station in 2019 of an IAS officer beating up a man who had made a lewd comment about his wife. The cops were expectedly unaffected - they are hardly unused to such actions inside thanas - but the IAS official did not even mind being filmed doing so! And unlike the MP toll booth bystanders, those who saw the Noida and Gurgaon assaults did not step in to stop it; they walked off or hung around watching.
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Gurugram man slaps security guard, liftman after being rescued within minutes from stuck lift
According to local reports, Varun Nath, a resident of Close North Apartments, got trapped inside an elevator for 3-4 minutes. As soon as he got out, he started repeatedly hitting a security guard and a lift operator. The incident was caught on CCTV and has gone viral on social media. In the video, Nath (39), a businessman, can be seen hitting the security guard and lift operator.
Russia hits Ukraine fuel supplies, airfields in new attacks
Flames billowed into the air before dawn from an oil depot near the Zhuliany airport, about 25 miles (40 kilometers) south of the capital, according to President Volodymyr Zelenskyy's office and the mayor of the nearby town of Vasylkiv.
Donald Trump putting democracy to the test after his loss to Joe Biden
President Donald Trump, who has professed admiration for, if not deep knowledge of, the British prime minister, is putting Churchill's observation to one of its greatest tests by refusing to accept the results of an election that delivered victory for Democrat Joe Biden. Trump's predecessor, Barack Obama, calls this a "dangerous path" for the United States.
Iran sending messages to militias not to move against American targets: Pence
Pence's remarks came after US President Donald Trump said in an address on Wednesday that no Americans were harmed in the attack by Iran on US bases in Iraq. Iran launched 22 ballistic missiles in a pre-dawn attack on Wednesday targeting at least two bases where US military and coalition forces are stationed in Iraq, which Tehran said was a "slap in the face" of America.
It would have been too Bollywood to have a Dalit hero: 'Article 15' director Anubhav Sinha
The movie has opened to protests by fringe organisations representing upper castes.
The man who interrogated Masood Azhar recalls the time he sang like a canary
A former Intelligence Bureau guy revisits his long interrogatory sessions with Pulwama mastermind Azhar at Kot Bhalwal Jail in Jammu.
Kanhaiya attacked at JNU by suspected outsider
Kanhaiya Kumar, who is facing sedition charges, was allegedly attacked on campus today by a youth believed to be an outsider.
2014: A politically eventful year for India
The states of Jharkahand, Maharashtra and Haryana witnessed a regime change and Jammu and Kashmir saw a hung Parliament in the recent elections.
How upcoming 16th Lok Sabha election is different from others
By the time the 16th Lok Sabha elections roll off next month, the estimated 97 million new, first-time voters will hopefully, enforce their franchise.
J&K lawmakers are no less acrimonious
A walk-out after, PDP lawmaker Syed Bashir was up against the government’s failure in ensuring smooth supply food-grains to the Kashmir Pandit migrants.
Agriculture minister Sharad Pawar gets slapped for rising inflation and corruption
Harvinder Singh, a Delhi youth slapped agriculture minister Sharad Pawar in the face on Thursday, apparently to draw attention to graft and high prices of food items.
Sharad Pawar assaulted at NDMC auditorium in Delhi
Union minister Sharad Pawar was assaulted at NDMC auditorium in Delhi on Thursday for his comments on inflation.
'IPL represents pulse of 'Youngistan'
On the back of millions of dollars, sinful player bids, unparalleled press coverage, star quotient, imported cheerleaders, was launched the IPL spectacle.
No quick fix to soothe Asian rice shortage fears
Asia's fear of impending rice shortages looks to have become something of a self-fulfilling prophecy and exposed the over-reliance of many of the region's economies on food subsidies and other market-imbalancing steps.
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