The Finance Ministry has amended the Prevention of Money Laundering Rules for widening the scope of Know your Customer (KYC) norms
| Photo Credit: PTI
Government amends KYC to add non-profit organisations, ‘politically exposed persons’
The Finance Ministry has amended the Prevention of Money Laundering (Maintenance of Records) Rules for widening the scope of Know your Customer (KYC) norms to embody Politically Exposed Persons (PEPs), non-profit organisations (NPOs) and these dealing in digital digital belongings (VDA) as reporting entities.
Gujarat Assembly passes resolution against BBC
Alleging a “conspiracy to defame Prime Minister Narendra Modi and India”, the Gujarat Assembly on March 10 handed a resolution against British Broadcasting Corporation (BBC) for airing a documentary on 2002 communal riots.
Three held after Bihar man lynched for ‘carrying beef’
Three individuals have been arrested after a person from a minority group was crushed to dying by a mob allegedly over suspicion of carrying beef in Saran district of Bihar on March 7. The police are looking out for an additional suspect who’s absconding.
BJP MP Nishikant Dubey needs Rahul Gandhi ousted from Lok Sabha over speech on PM Modi
BJP MP Nishikant Dubey has sought the termination of Congress chief Rahul Gandhi’s membership from the Lok Sabha. Mr. Dubey was deposing earlier than the Privileges Committee of the Lower House, which is deliberating over a discover moved by him against Mr. Gandhi for allegedly making defamatory remarks against Prime Minister Narendra Modi in his speech on February 6.
Help cow shelters market dung-based formulations for farming: NITI Aayog
Gaushalas (cow shelters) can turn into main suppliers of inputs for pure farming within the nation via concerted efforts of the federal government, non-public gamers and entrepreneurs, a report ready by the NITI Aayog has mentioned.
India, U.S. to launch a semiconductor sub-committee
India and the United States on March 10 signed a Memorandum of Understanding (MoU) that may pave the best way for making a Semiconductor Sub-Committee beneath the Commercial Dialogue between the U.S. Department of Commerce and India’s Ministry of Electronics and Information Technology (MeitY) and the Ministry of Commerce. The announcement of the MoU was made in the course of the revised India-U.S. Commercial Dialogue that was relaunched in New Delhi on Friday.
Nepal SC points present trigger discover; asks PM Prachanda to furnish written reply inside 15 days
The Supreme Court of Nepal on March 10, 2023 issued a present trigger discover to Prime Minister Pushpa Kamal Dahal Prachanda on a writ petition searching for a felony investigation against him for the killing of 5,000 folks in the course of the decade-long Maoist insurgency within the nation.
Foreign Minister says Pakistan in ‘perfect storm’ of crises’
Pakistan’s overseas minister mentioned Thursday his nation is dealing with “a perfect storm” of troubles — an financial disaster, the implications of catastrophic flooding, and terrorism “that is once again rearing its ugly head” because of the Taliban takeover of Afghanistan.
WSL | Healy’s Warriorz overpower Smriti’s Royal Challengers
Four matches into the league, Royal Challengers Bangalore is with out a win. The newest humiliation got here by the hands of UP Warriorz, which bowled out RCB for 138 and received by 10 wickets with seven overs to spare.
Prosecutors sue Barcelona for allegedly shopping for refereeing favours
Spanish prosecutors have filed a grievance against Football Club Barcelona and two of the LaLiga membership’s ex-presidents over alleged funds to an organization owned by a senior refereeing official to affect match outcomes, the general public prosecutor’s workplace mentioned on Friday.
Xi Jinping names Li Qiang as China’s new Premier
Chinese President Xi Jinping on March 11 nominated Li Qiang, 63, to turn into Premier in the course of the ongoing annual assembly of China’s rubber-stamp parliament, the official Xinhua information company reported. An extended-time Xi ally, Mr. Qiang, succeeds Li Keqiang, a Hu Jintao ally who has retired after two phrases.
