Articles for Financial Report

House Ethics Committee mulls probing scandal-plagued Republican: report
6 days, 5 hours ago

House Ethics Committee mulls probing scandal-plagued Republican: report

Raw Story  

The House Ethics Committee is mulling over whether to investigate Rep. Andy Ogles, according to a report. Ogles, who just won his re-election despite the financial scandals, was said to have personally loaned $320,000 to his campaign despite showing no assets in his financial disclosure report. In January 2024, the Campaign Legal Center compared the Tennessee Republican to disgraced former …

Campaign Loan Republican House His Campaign Financial Report Report Ogles
Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report
3 weeks, 6 days ago

Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report

Live Mint  

New Delhi: A total of 540.5 million bank accounts have been opened under the government's flagship financial inclusion scheme Pradhan Mantri Jan Dhan Yojana as of November, according to the Inclusive Finance India Report 2024. Launched on Thursday at the Global Inclusive Finance Summit 2024 in Delhi, organised by ACCESS Development Services, the report noted the accounts have a total …

Bank Report Million Jan Accounts Pradhan Mantri Dhan
Trump's social media group might buy crypto trading firm Bakkt: report
1 month, 3 weeks ago

Trump's social media group might buy crypto trading firm Bakkt: report

Salon  

Is Trump taking his relationship with crypto to the next level? Trump Media & Technology Group, which operates Trump's social media company Truth Social, is in talks to buy crypto trading firm Bakkt, the Financial Times reported. The Georgia-based firm showed total revenue of $328.4 million and an operating loss of $27.4 million in its latest quarterly report, and said …

Trump Crypto Report Cnbc Bakkt
Climate Crisis: Can COP29 Break the Cycle of Broken Promises?
2 months, 1 week ago

Climate Crisis: Can COP29 Break the Cycle of Broken Promises?

Live Mint  

The 2024 Emissions Gap Report paints a grim picture of global climate progress, with emissions continuing to rise and the gap between climate targets and reality widening. The report emphasizes the need for immediate action on climate finance, emissions reduction, and accountability. It highlights the responsibility of wealthy nations to fulfill their financial and emissions reduction promises, particularly to support …

Law Finance Climate Change International Relations Baku
India has seized significant amounts from proscribed terrorists: FATF
3 months, 2 weeks ago

India has seized significant amounts from proscribed terrorists: FATF

The Hindu  

The Financial Action Task Force, which adjudged India to have attained a high-level of technical compliance across all its recommendations, has in its mutual assessment report noted that Indian agencies have seized significant amounts from proscribed terrorists under the Unlawful Activities Act, and assets from terror financing and money laundering investigations. Acknowledging that India faces a disparate range of terrorism …

India Financial Cases State Nia Terror Financing Tf Investigation
India should increase capacity of court system to reduce number of pending trials in money laundering cases: FATF report
3 months, 2 weeks ago

India should increase capacity of court system to reduce number of pending trials in money laundering cases: FATF report

The Hindu  

India should aim to reduce the number of pending trials in money laundering cases by making major changes to increase the capacity of the court system, and potentially the capability of the Enforcement Directorate, as per the Financial Action Task Force mutual assessment report of India. Saturation of system The report said the limited number of specialised prosecutors in ED …

India Money Report Number Pmla Fatf Laundering Cases
FATF praises India’s anti-money laundering, terror financing system
3 months, 2 weeks ago

FATF praises India’s anti-money laundering, terror financing system

The Hindu  

The Financial Action Task Force, following the release of its mutual evaluation report of India on Thursday, said the country had achieved a high level of technical compliance across the FATF recommendations and had taken significant steps to implement measures to tackle illicit finance. Mr. Aggarwal said the FATF appreciated India’s Jan Dhan-Aadhaar-Mobile initiative and the major boost to cashless …

Financial Money Laundering Indian Terror Financing Recommendations India Fatf Recommendations Financing
FATF likely to release its report on India’s mutual evaluation on September 19
3 months, 4 weeks ago

FATF likely to release its report on India’s mutual evaluation on September 19

The Hindu  

The Financial Action Task Force is expected to release its report on India’s mutual evaluation, which was adopted at its June 2024 plenary in Singapore, on September 19. The plenary had concluded that India had reached a high level of technical compliance with the FATF’s requirements, and its anti-money laundering, combating financing of terrorism, and counter-proliferation financing regime was achieving …

India Financial Terror Fatf Financing Regulated Entities Mutual Evaluation
A Tough Life With Little Earnings, India's Gig Delivery Workers Lack Financial Literacy: Report
5 months ago

A Tough Life With Little Earnings, India's Gig Delivery Workers Lack Financial Literacy: Report

News 18  

Borzo, a global delivery company, conducted a study to delve into the financial literacy of gig delivery workers by understanding their awareness and comprehension of savings tools, taxation and slabs, income, etc. Here are the key insights from the report: Survey Findings: Income Range: A significant majority of gig delivery workers reported annual incomes less than Rs 2,50,000. The data …

India Financial Tax Financial Literacy Delivery Workers Pay
MAGA rep. loans $320K to his campaign — but apparently doesn't have a bank account: report
1 year, 1 month ago

MAGA rep. loans $320K to his campaign — but apparently doesn't have a bank account: report

Raw Story  

A bombshell report revealed that Rep. Andy Ogles has not declared having a checking or savings account and has not revealed any investments — yet loaned his campaign more than $300,000. "It definitely raises big questions as to where that money came from," the Campaign Legal Center's Danielle Caputo said. "How was he able to loan it because currently, his …

Campaign Loan Report Williams His Campaign Rep Ogles
FATF team in India to hold on-site review meetings
1 year, 1 month ago

FATF team in India to hold on-site review meetings

The Hindu  

A Financial Action Task Force team is in India as part of the process to conduct the country’s mutual evaluations to ascertain if the authorities have put in place and effectively implemented the required legal framework against money-laundering and terrorist financing. During the on-site visit, for around two weeks, the team members will hold meetings with senior government officials and …

India Team Fatf Team Fatf Review
Neville Roy Singham and wife funding anti-Israel protests in the US: Report
1 year, 1 month ago

Neville Roy Singham and wife funding anti-Israel protests in the US: Report

Op India  

There has been a recent upsurge in pro-Palestinian protests in the United States. It identifies itself as a “movement incubator for working-class and marginalised communities to build unity across historic lines of division at home and abroad.” However, the funding provided by Singham and his wife has raised concerns regarding the authenticity of the movement’s grassroots nature and its potential …

India China Financial Political Protests Funding Palestine
‘China Evergrande shares suspended, China may have learnings from US, India’
1 year, 3 months ago

‘China Evergrande shares suspended, China may have learnings from US, India’

Live Mint  

China Evergrande Group decided to halt trading in Hong Kong as well as its electric vehicle and property services divisions, following a Bloomberg report that founder Hui Ka Yan had been arrested by authorities. According to Bloomberg's news report, no explanation for the halt was provided in a notice to the Hong Kong stock exchange on Thursday. Hui was hauled …

China Bloomberg Hui
'Best Contraceptive Ad': This Report on Cost of Raising a Child in India is Not for Faint-hearted
1 year, 4 months ago

'Best Contraceptive Ad': This Report on Cost of Raising a Child in India is Not for Faint-hearted

News 18  

Blessed are the parents who bring a child into their lives, an experience brimming with profound joy and a sense of purpose. A recent comprehensive analysis featured in HT Media’s financial daily, Mint, has captivated online audiences with its insightful breakdown of the costs associated with raising a child. The report gathered perspectives from individuals across diverse regions of India, …

Financial Child Cost 20 Years Over 20 Years
Swiss financial watchdog reviewing Credit Suisse chairman’s comments - Report
1 year, 10 months ago

Swiss financial watchdog reviewing Credit Suisse chairman’s comments - Report

Live Mint  

Swiss financial regulator Finma is reviewing remarks made by Credit Suisse Group Chairman Axel Lehmann about outflows from the lender having stabilized in early December, two people with knowledge of the matter told Reuters. Finma is seeking to establish the extent to which Lehmann, and other Credit Suisse representatives, were aware that clients were still withdrawing funds when he said …

Credit Bank Swiss Lehmann Credit Suisse Suisse Outflows
Adani Group stocks fall after Hindenburg takes short position
1 year, 11 months ago

Adani Group stocks fall after Hindenburg takes short position

Live Mint  

Hindenburg Research said on Wednesday it holds short positions in Adani Group companies through U.S.-traded bonds and non-Indian-traded derivative instruments, sending shares of companies in the Indian conglomerate sliding. The short-seller said seven Adani listed companies have an 85% downside on a fundamental basis due to sky-high valuations and that "key listed Adani companies have also taken on substantial debt" …

Debt Group Adani Hindenburg Stocks Fall Takes Short
Youpla director says he tried to save the business, advocates want an investigation
2 years, 6 months ago

Youpla director says he tried to save the business, advocates want an investigation

ABC  

The director of an embattled funeral insurer that has left thousands of people without cover says he tried his best to save the company and protect its customers. Key points: Youpla funeral funds went into liquidation in March this year Liquidators are investigating millions of dollars paid in dividends over decades Advocates want the regulator to "vigorously investigate" possibility of …

Financial Director Company Report Fund Abc First Nations
Allen Weisselberg couldn't explain how value of $400M Trump property doubled in one year: report
2 years, 11 months ago

Allen Weisselberg couldn't explain how value of $400M Trump property doubled in one year: report

Salon  

Allen Weisselberg, former chief financial officer for the Trump Organization, faced difficulty explaining how one of the company's properties had been valued at approximately 435 million — more than double what it had been valued the year before — according to newly released documents. According to Business Insider, there is incriminating documentation that alleges assets throughout former President Donald Trump's …

Weisselberg 400M Trump
Treasury report calls for stricter oversight of stablecoins
3 years, 2 months ago

Treasury report calls for stricter oversight of stablecoins

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a 22-page report issued Monday, the Treasury Department …

Financial Regulation Congress Bitcoin Stablecoins Treasury Report
Coronavirus may impact India's March quarter GDP growth by 0.20% after epidemic hits imports from China for crucial sectors: Report
4 years, 10 months ago

Coronavirus may impact India's March quarter GDP growth by 0.20% after epidemic hits imports from China for crucial sectors: Report

Firstpost  

The brokerage cut its fiscal 2020-21 real GDP growth estimate marginally to 5.6% as against the previous estimate of 5.7%, but added that there will be a recovery in the next financial year. Mumbai: The coronavirus epidemic can impact India’s March quarter GDP growth by 0.20 percent as imports from China for crucial sectors have got affected, a foreign brokerage …

India Growth Coronavirus
No specific report on financial losses in Kashmir following revocation of Article 370: MHA
5 years, 1 month ago

No specific report on financial losses in Kashmir following revocation of Article 370: MHA

India Today  

The Ministry of Home Affairs said on Tuesday that it has no specific report on losses incurred by Kashmiris following the revocation of Article 370, which granted special status to Jammu and Kashmir. The MHA, in a response to a question raised by Rajya Sabha MP Shanta Chhetri, said, "There is no specific report received from Jammu and Kashmir government …

Kashmir Jammu No Specific Report
World Bank cuts India’s growth projection to 6%
5 years, 2 months ago

World Bank cuts India’s growth projection to 6%

The Hindu  

After a broad-based deceleration in the initial quarters of this fiscal year, India’s growth rate is projected to fall to 6%, the World Bank said on Sunday. The report, which has been released ahead of the annual meeting of the World Bank with the International Monetary Fund, noted India’s economic growth decelerated for the second consecutive year. The significant slowdown …

India Growth Financial Bank World Bank Report Sector
Service sector drives J&K economy: CARE ratings report
5 years, 3 months ago

Service sector drives J&K economy: CARE ratings report

The Quint  

New Delhi, Sep 10 The service sector drives the economy of the erstwhile state of Jammu and Kashmir, contributing 56 per cent to the economic activity of the region, a report by CARE ratings said. The report also noted that manufacturing has a low share in economic output of the region, contributing around 10 per cent to the local economy, …

Food Kashmir Apple Region Report Jammu Sector
Standard Chartered expected to pay just over $1 billion to resolve US, UK probes: Report
5 years, 9 months ago

Standard Chartered expected to pay just over $1 billion to resolve US, UK probes: Report

Firstpost  

Standard Chartered has been operating under deferred prosecution agreements with US authorities since 2012 New York: London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential US sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related UK probe, according to a person familiar …

Standard Chartered