VIRGIN MONEY
Use of black money law retrospectively unconstitutional: High Court
In a landmark ruling, the Karnataka High Court has struck down the retrospective application of the Black Money Act, 2015, protecting individuals from prosecution for foreign assets closed before the law's enactment. This decision, invoking Article 20 of the Constitution, emphasizes that one cannot be punished for actions that were not illegal at the time. The ruling sets a crucial precedent, offering significant relief to many wealthy Indians and business families targeted by the law.
'Panama Papers' trial starts. 27 people charged in the worldwide money laundering case
The Panama Papers include a collection of 11 million secret financial documents that illustrate how some of the world's richest people hide their money.
Plastic recycling is broken. Capitalism can fix it
The United Nations has committed to delivering a legally binding Plastic Treaty by the end of 2024. This month, more than 175 governments will convene in Ottawa for the fourth and penultimate round of negotiations of the Plastic Treaty.
VVIP choppers case: ED attaches fresh assets of absconding businessman Shravan Gupta
A charge sheet was filed against the businessman in this case and extradition proceedings against him are underway after he fled the country in November 2019, the central agency said in a statement.
Cryptocurrency comeback: Indian exchanges shine amid offshore challenges
What started out as a crypto freeze is showing signs of thaw. But can volumes regain levels they once saw? And can platforms like Binance make a comeback in India? ET decodes the latest developments and what they mean for the Indian market.
Best 1000-litres water tanks in India: Get best value for your money for uninterrupted water supply
Elevate your water storage solutions with the best 1000-litres water tanks - of unmatched durability and reliability. Engineered for optimal performance, these tanks ensure a secure and sustainable water supply. Make the smart choice for long-term efficiency and peace of mind. Upgrade your water storage today and experience the pinnacle of quality and innovation with the best water tanks 1000-litres.
- Go To Page 1
Most money for endangered species goes to a small number of creatures, leaving others in limbo
Since the passage of the Endangered Species Act, over 1,700 species in the US have been listed as threatened or endangered. However, there are disparities in funding allocation, with half of the $1.2 billion spent annually going towards the recovery of salmon and steelhead trout. Many species, including the Virginia fringed mountain snail, stoneflies, and California tiger salamander, receive little or no funding. The plant kingdom, which was almost excluded from the conservation law, also receives inadequate funding. Scientists suggest redirecting funds from species with excessive funding to those with none or less.
Former FTX executives team up to launch new crypto exchange
Ex-FTX general counsel Can Sun and other former company executives are reportedly aiming to solve the problems that doomed their previous employer with a new cryptocurrency exchange.
Richie rich facing tax cases may be spared court visit
The Calcutta High Court has ruled that individuals facing prosecution by the Income Tax department under the Black Money law will not be required to personally appear in court. Instead, they will need to give an undertaking not to leave the country without permission from the trial court. This ruling is expected to have a positive impact on ongoing prosecution cases related to TDS defaults under the Income Tax Act.
Jet Airways founder Naresh Goyal's arrest as per law, custody was needed as he was uncooperative: ED to HC
The Enforcement Directorate (ED) has informed the Bombay High Court that the arrest of Jet Airways founder Naresh Goyal was legally carried out, following the proper procedure of law. The agency stated that Goyal's custody was necessary as he was uncooperative and evasive during the probe.
How to plan your travel to save maximum money? Yatra’s Rakesh Kumar Rana answers
"For North, the destinations can be Shimla, Jaipur, Agra, Mathura, Mussoorie, Nainital, Haridwar, Rishikesh and similarly from South it can be Ooty, Kodaikanal, Mysore, Kerala. But what we are also witnessing this time is a very high demand for tier II or tier III or probably virgin destinations in each region and which is a pleasant welcome trend."
Mega Millions: Jackpot sits at estimated $1bn with $527mn cash option; Know when is the drawing and what can you do to win the prize
As April passed without any Mega Millions jackpot winners, the lottery's grand prize has been steadily increasing. To keep you updated, here's all the essential information you should know about the upcoming drawing.
Virgin Money announces major branch closures in UK; Here’s the list of all impacted sites
The union calls for reconsideration as the lender claims that the branches in question no longer justify their existence due to low transaction volumes.
Stress test shows top 8 UK banks have enough capital, says Bank of England
Britain's eight largest lenders have enough capital to ride out economic stress deeper than the 2008 financial crisis, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.
ED questions Tina Ambani in alleged forex violation case
According to officials, the probe stems from revelations made by International Consortium of Investigative Journalists's Pandora Papers case, which involves disclosure of offshore investments and assets. Ambani's alleged links to some offshore companies based in Jersey, British Virgin Islands and Cyprus are under ED scanner
Virgin Galactic offering space-tourism tickets worth over $450k, long waitlist – all you may want to know
Virgin Galactic is set to launch its first commercial flight carrying paying customers to the edge of space. The company has already booked approximately 800 customers, despite whopping-high ticket prices.
Money can buy a visit to space or the deep sea, but it can't guarantee safety
The deaths of five people aboard the Titan submersible, along with its hefty price tag of $250,000 a person, emphasize the lack of safeguards when something goes wrong in the world of extreme travel. Innovations in technology have opened up the possibilities of travel, and wealthy travelers are willing to spend more to go further, especially when it comes to space travel and underwater exploration.
JPMorgan agrees to pay $290 mn to settle Jeffrey Epstein lawsuit, money to go to trafficking victims
JPMorgan Chase & Co. will pay $290 million to settle a lawsuit over the bank's relationship with Jeffrey Epstein, who was accused of sexually abusing young women and girls. The settlement was filed in Manhattan federal court by lawyers for Epstein's victims and must still be approved by a judge.
Adrenaline junkies, derisk your lives
Yes, all adventures have an element of risk. For many, that is the rush. OceanGate CEO Stockton Rush, who was piloting Titan, had earlier said, 'Safety just is pure waste... if you want to be safe, don't get out of bed.'
Tackling plastic pollution and climate change through innovation and injection of sufficient funds
Plastics could, likewise, be broken down into constituent chemicals that are combined as desired to produce useful things. The ability to edit genes would help mobilise nature in this cause as well. Bacteria and viruses could ingest one set of chemicals that humanity wants to get rid of and extrude another set of chemicals, of practical value.
Explained: Why Virgin Islands subpoena Elon Musk and what is the lawsuit about?
According to a government filing on Monday, US Virgin Islands has subpoenaed Tesla CEO Elon Musk for documents in the government’s lawsuit accusing JPMorgan Chase & Co of helping Jeffrey Epstein in his sexual abuses.
Virgin Orbit's would-be white knight and a $200 million rescue that fell flat
Within two days of being contacted by Brown, Virgin Orbit Chief Executive Dan Hart had secured board backing for a preliminary agreement with the 33-year-old Texas-based investor, according to related documents and email exchanges reviewed by Reuters and three people with knowledge of the discussions.
Richard Branson's Virgin Orbit files for bankruptcy, to seek buyer
The Long Beach, California-based company lodged the filing in the U.S. Bankruptcy Court for the District of Delaware seeking a sale of its assets after announcing the layoff of roughly 85% of its 750 employees last week.
Branson's Virgin Orbit files for bankruptcy
The Long Beach, California-based company lodged the filing in the U.S. Bankruptcy Court for the District of Delaware seeking a sale of its assets after announcing the layoff of roughly 85% of its 750 employees last week.
Who is Stormy Daniels? The '40-year old virgin' adult film star behind Donald Trump's indictment
Stormy Daniels's popularity and profits appeared to get a boost with the news of Trump's indictment on Thursday in a case involving a $130,000 hush payment she received in the waning days of his 2016 election campaign. "Thank you to everyone for your support and love!" she posted on Twitter after news of the criminal charges broke. "#Teamstormy merch/autograph orders are pouring in."
Richard Branson’s brainchild Virgin Orbit lays off 85% of its workforce
The layoffs will affect 675 employees of the space company, according to the filing. The company attributed the layoffs to its inability to secure meaningful funding.
Netflix announces 2022's most popular shows and movies. Check full list here
Here are the most popular TV shows and movies according to Netflix plus utilizing hourly data from Netflix's top 10 sites.
Rakesh Jhunjhunwala, India's Warren Buffett, set for take-off with Akasa Air
Co-founding Akasa Air was a rare departure into entrepreneurship for Rakesh Jhunjhunwala, who made his fortune on the stock exchange as a value share investor and is often compared to the Berkshire Hathaway chairman and CEO.
Australia shares end flat as miners help offset broader losses
The S&P/ASX 200 index closed down 0.03%, having fallen as much as 0.7% during the session.
Load More
