Cox and Kings Dossier – Part 1: Audit uncovers siphoning of crores, fudging of records and bogus sales

Cox and Kings Dossier – Part 1: Audit uncovers siphoning of crores, fudging of records and bogus sales

Transactions worth Rs 21,000 crore over four years (2015-2019) done mainly to siphon off funds; falsifying records; a Rs 1,100-crore loan from a “brother to a brother” that violated basic fiduciary norms; sales worth Rs 9,000 crore to over 160 customers who are bogus or do not exist, inflated bank balances and a string of […]

Is government printing away the deficit?

Is government printing away the deficit?

Suyash Choudhary, Head of Fixed Income at IDFC AMC on Thursday raised the possibility that monetisation of the fiscal deficit may already be underway at the Reserve Bank of India (RBI). To put it in layman’s terms, monetisation of the deficit is the printing of money to finance government spending. This process is usually not […]

‘I Was Elected, Not Nominated’: Mamata Tells Bengal Guv After Spat Over ‘Constitutional Dharma’

‘I Was Elected, Not Nominated’: Mamata Tells Bengal Guv After Spat Over ‘Constitutional Dharma’

West Bengal Chief Minister Mamata Banerjee on Thursday accused Governor Jagdeep Dhankhar of repeatedly interfering in the functioning of the state administration, and asked him to judge who has crossed the limit of constitutional dharma and the norms of decency between the two constitutional functionaries. In a strongly worded seven-page letter to the governor, Banerjee […]

10 shops sealed, 12 vehicles and two-wheelers seized for violating lockdown orders in Srinagar

10 shops sealed, 12 vehicles and two-wheelers seized for violating lockdown orders in Srinagar

Srinagar, April 23 (KNS):Ten shops were sealed and over a dozen vehicles and two-wheelers seized Thursday in different areas of Srinagar for violating lockdown orders. Concerned authorities including Tehsildars and police swung into action against violators found in their respective jurisdictions. It followed instructions of Deputy Commissioner Srinagar Dr Shahid Iqbal Choudhary for strict action […]

Any action by the J&K UT administration against media persons, under the present circumstances, uncalled For: Soz

Any action by the J&K UT administration against media persons, under the present circumstances, uncalled For: Soz

Srinagar, April 23 (KNS):Former Union Minister and senior congress leader Professor Saif U Din Soz on Thursday has said, i express my concern over the harassment that some journalists have received from the Administration for the usual coverage of events which forms a routine for the media persons. According to statement issued to KNS Soz […]

18 Kashmiri PSA detainees released from outside jails

18 Kashmiri PSA detainees released from outside jails

Eighteen Kashmiri prisoners, detained under stringent Public Safety Act, were released from different jails in Uttar Pradesh and Haryana, while 36 others, whose detention orders have been revoked, are to be freed soon, officials said on Thursday. In addition, 52 prisoners were released from various jails in Jammu and Kashmir over the past few days, […]