The Directorate of Enforcement (ED), Bengaluru Zonal Office, has provisionally attached immovable properties worth approximately Rs 26.27 crore (with a current market value of Rs 40 crore) under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
US dollar will remain soft this year which is likely to benefit Emerging Market (EM) assets according to a research report by American investment banking firm JP Morgan.
According to an analysis of the global markets, family offices allocate just one per cent of their portfolios to gold and precious metals, putting it on equal footing with niche assets like art, antiques, and infrastructure, and far behind more favoured categories such as private equity, rea
Gold are prices likely to rise back again, helped by the plethora of factors defying softening safe-haven assets demand and expectations of fewer rate cuts this year by the US federal reserve bank, reported by Gulf news on Wednesday.
Udhampur police have arrested 50 drug peddlers and seized significant narcotics under their "Drug Free Udhampur" initiative. The police have also attached illegal properties worth 4 Crores and frozen bank accounts with 16 Lakhs in recovery.
Riyadh [Saudi Arabia], May 20: In a landmark moment for the Kingdom's cultural and creative industries, the Cultural Assets Group has officially launched as Saudi Arabia's largest cultural consortium. Headquartered in Riyadh, with strategic offices in AlUla, Jeddah, London, Paris, and Una
New Delhi [India], May 20: In today's rapidly evolving financial landscape, Dezerv's investment philosophy of active portfolio monitoring is redefining wealth management in India. Having surpassed Rs10,000 crore in Assets Under Management (AUM) as of December 2024, Dezerv now ambitiously tar
New Delhi [India], May 20: InvesTek, India's fastest-growing Financial Services FinTech, has achieved a significant industry milestone - crossing Rs1100 Crore in Assets Under Management (AUM) in just 15 months since its inception in January 2024.
"Knowing that the Pak Army does not have any legitimate targets, we anticipated that they would target Indian military installations, civilian targets, including religious places. Of these, the Golden Temple appeared to be the most prominent. We mobilised additional modern air defence ass
India's foreign exchange reserves (forex) rose USD 4.553 billion to USD 690.617 billion in the week that ended on May 9, official data released by the Reserve Bank of India (RBI) showed.