Chinese Hawala racket accused Luo Sang was arrested by Delhi police in connection to a Hawala scam in 2018, but was eventually let off by the court

Accused was representing many Chinese firms for Hawala operations in India; with help of some employees at Bandhan Bank and ICICI Bank, he was infusing around Rs 3 crore through Hawala daily

Income Tax Department had received information that few Chinese individuals and their Indian associates were involved in money laundering and hawala transactions through series of shell entities

Reliance had broken into the top 100 in 2012 ranking when it was ranked 99th but slipped in subsequent years to rank 215th in 2016. Since then it has risen steadily, according to the ranking

The world's biggest oil exporter said the rapid spread of COVID-19 globally had significantly reduced demand for crude oil, natural gas and petroleum products

As per Winvesta, the US markets outperformed Indian markets by over 200 per cent in rupee terms in the last decade. Almost 40 per cent of the revenues of S&P-500 companies are from outside the US

As per the new fee plan employers filing visa processing requests will have to shell out an $555 (21 per cent increase) for H-B visas, and $850 (75 per cent increase) for L visas

If you are all set to buy a new car or a bike now, it is advisable to go for a comprehensive motor insurance cover which includes one-year OD and three-year compulsory TP insurance

The lowering of valuations reflect the slump in second-quarter demand due to the COVID-19 pandemic, and a growing realisation that a prolonged economic downturn could depress energy prices for years

Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

So far this year, RIL shares have surged 46 per cent, while Exxon's have dipped 39 per cent

PNB share price fell up to 6.74% to Rs 34.6 against previous close of Rs 37.10 on BSE. The large cap stock has lost 6.31% in two days

Shell, the world's largest fuel retailer, said it expected a 40% drop in sales in the second quarter from a year earlier to about 4 million barrels per day (bpd), although that is more than its earlier prediction of a drop to 3.5 million bpd

This concluding part narrates the circumstances in which market triumphed over state and spread from developed economies to developing economies, helping the top 1% to accumulate more wealth at the cost of the rest 99%

Rajeshwar Singh, Joint Director of ED's Lucknow zone, confirmed the development and said all 20 officers of his unit have tested negative for COVID-19 and they have resumed office

The UCO bank, which has shown its inclination to provide loan had earlier told the court through court receiver that it can provide fund to the tune of Rs 2000 crores while keeping the unsold inventory of 5221 units as mortgage

IndiGo hopes that wide-bodies would become uncompetitive; and Indian domestic carriers would emerge stronger in the post-COVID world

With IRDA defining the Arogya Sanjeevani as the best basic cover, customers may rest assured that they have a comprehensive cover against most of the common diseases

There are two options to buy an MF scheme having the same portfolio and fund manager - direct mutual fund and regular mutual fund. If you are sure in which MF scheme you have to invest, you should directly buy it from the Asset Management Companies (AMCs)

BP is giving no pay rises to senior employees until March 2021 and said it is unlikely to pay any cash bonuses this year