Pope Francis Admits Financial Corruption in the Vatican
Pope Francis has admitted that there is financial corruption in the Vatican. It is stated to be the first time that pope has acknowledged corruption in Vatican funds. According to…
CBI Registers 42 Bank Fraud Cases of Rs. 7200 Crore
In a large scale operation against frauds in banks, the Central Bureau of Investigation (CBI) in India has conducted searches at around 187 places in different States / UTs. These…
Demonetization Was a Misguided Concept: Raghuram Rajan
Rajan said that the Indian government must analyze the reasons for persisting economic slowdown instead of just blaming the global factors for the current predicament. Former RBI Governor Raghuram Rajan…
RCS Office Allows Prosecution in Delhi Bank Fraud Case
The Delhi Assembly Petitions Committee, headed by Aam Aadmi Party (AAP) MLA Saurabh Bharadwaj, has observed that the bank is involved in serious financial irregularities. By Rakesh Raman The Registrar…
Data Held by Banks Impedes Corruption Investigations: Report
Governments are failing to tackle international money laundering and tax fraud because police don’t have the tools to track down the owners of companies suspected of criminal activity, a new…
IMF Observes Economic Crisis in India. Abhijit Banerjee Says Indian Economy Is Doing Badly
The International Monetary Fund (IMF) has cut its growth projection for India to 6.1% for the current fiscal from its July forecast of 7%, suggesting that India should opt for…