Action Financial News

Zakir Naik, a polarizing Islamic preacher who is facing legal action in India over allegations of financial misconduct and promoting radical ideologies through inflammatory speeches. Hafeez went a step further by uploading images from their encounter on social media, a move that sparked widespread criticism and disappointment among netizens. As soon as the images surfaced online, social media users expressed strong disapproval. One individual, voicing their frustration, sarcastically remarked, «No surprise that your cricket is in shambles.» Another person provided a more pointed critique, highlighting the broader implications of Hafeez’s association with Naik. «This is exactly why the Indian cricket team and government are reluctant to visit Pakistan,» they commented. «The man in your picture is a fugitive wanted by Indian law enforcement.» Despite the backlash, Hafeez had shared the pictures with enthusiasm, captioning them with, «It was a pleasure meeting Zakir Naik.» In one image, Hafeez is seen standing beside Naik, dressed in a traditional brown kurta pajama. Another photograph captures them seated at a restaurant, with Hafeez appearing in a casual T-shirt. However, rather than receiving positive engagement, the post ignited a wave of online outrage.

Directorate of Enforcement (ED) has provisionally attached movable and immovable properties worth Rs 65.46 crore in connection with a money laundering case involving a former general manager-ranked officer of a Sikkim-based bank. The ED said in a statement that the attached assets include four residential properties and land parcels located in Deorali, Syari, Ranipool and Penlong — all in Sikkim. These properties were allegedly acquired using proceeds from fraudulent activities linked to siphoning of funds from the State Bank of Sikkim (SBS) by Dorjee Tshering Lepcha, its former general manager (operations). Additionally, several bank accounts with a combined deposit of approximately Rs 53.41 crore in the names of Lepcha and his family members have also been frozen, the statement said.

14-year-old girl and three others for forcibly marrying her to a 30-year-old relative in Krishnagiri district, as per a TOI report. The action was taken after the girl’s grandmother, who opposed the marriage, lodged a complaint.

Subscribe to enjoy similar stories. New Delhi: The rollback of pledges by a major economy can lead to missed global climate mitigation targets, but state- and municipal-level policies can still bear positive impacts, said Jim Skea, chairperson of the Intergovernmental Panel on Climate Change (IPCC). Skea said that withdrawing from an agreement may not mean the country will stop all climate change mitigation activities.

Congress Tuesday evening when Rep Melanie Stansbury (D-NM) held up a «This is NOT normal» sign when President Donald Trump walked into the White House chamber for his speech. The confrontation quickly escalated when Rep Lance Gooden (R-Texas) snatched the sign from her hand and flung it in the air. This exchange has sparked a controversy.

Subscribe to enjoy similar stories. NEW DELHI : A compliance drive launched in November 2024 by the Central Board of Direct Taxes (CBDT), based on financial information received from foreign tax authorities, has led to more than 30,000 persons declaring previously unreported foreign assets worth ₹29,208 crore and additional foreign income of ₹1,090 crore, a person with direct knowledge of the matter said.

spouse accountable for one's shortcomings is a tactic as old as, well, marriage. 'My husband made me do it,' or 'My wife told me not to do it,' are standard tropes that are on par with 'the dog ate my homework'. But the defence of a provincial armed constabulary (PAC) constable in Meerut to charges of tardiness and negligence of duty takes the khasta gur revdi.

Federation of Civil Society (FOCS), a valley-based civil organization, will march towards the hill districts on March 8. The organization plans to march from Imphal to Senapati. Several Kuki-Zo organizations have opposed the march, warning them to stay away from Kuki areas. The Federation of Civil Society Organizations has called on all communities to support the Peace Message Rally that will be held from Imphal to Senapati (which is a Naga-dominated area). FOCS President Th. Manihar expressed appreciation for the recent initiative allowing free movement for all communities across the state’s highways and roads. He urged the removal of all red zones and buffer zones in the state and called for all people from all communities to unite once again. Union Home Minister Amit Shah has directed that free movement across the state be ensured from March 8 onwards. The Committee on Tribal Unity (CoTU) had announced restrictions on movement in the Kuki-Zo areas; even the Village Volunteers Eastern Zone stated that there would be no free movement in Kuki-Zo areas before the establishment of a Separate Administration/Union Territory with a legislature for the Kuki-Zo people.

BSP supremo Mayawati after she expelled her nephew Akash Anand from the party, Congress leader Udit Raj on Thursday claimed that the move showed the BSP is being controlled by the BJP, and invited Anand to join the Congress. Mayawati would not have taken such a «suicidal step» without being under pressure, he said. Mayawati on Sunday removed her nephew Akash Anand from all party posts, appointing his father Anand Kumar and Rajya Sabha MP Ramji Gautam as national coordinators in his place, and said she would not name a successor in her lifetime. Kumar, however, turned down the offer. A day after Akash Anand's removal, Mayawati on Monday said she expelled him «in the interest of the party and the movement».

Indian Revenue Service (IRS) officer, made headlines for allegedly demanding Rs 25 crore from Bollywood actor Shah Rukh Khan's family by threatening to implicate his son Aryan Khan in the Cordelia cruise drug bust case during his tenure in the Narcotics Control Bureau (NCB) Mumbai in 2021. The principal CAT bench comprising Justice Ranjit More and member Rajinder Kashyap found procedural lapses and potential bias in the transfer decision issued by the Department of Revenue, Ministry of Finance. The tribunal said while government officers had an all-India service liability, transfer policies must be implemented in a fair, transparent, and just manner.

South Korean military said Thursday, days after North Korea threatened high-profile provocations against what it called escalating U.S.-led aggression. The South Korean and U.S. forces will take part in the Freedom Shield exercise, a computer-simulated command post training, and related field exercises from Monday to March 20, South Korea's Joint Chiefs of Staff in a statement. The statement said the Freedom Shield exercise will involve responses to evolving challenges like North Korea's growing military partnership with Russia.

Karnataka Minister Sharan Prakash Patil on Wednesday expressed his concerns over the proposed delimitation process and demanded that the Centre should protect the number of seats in the south if they want to do the delimitation. After the all-party meeting on delimitation, Patil told ANI, «The BJP government is not comfortable with the southern states because they don't have numbers in the south. They are trying to do this thing. If they have to be fair, they should protect the number of seats in the south if they want to do the delimitation. He also argued that the number of seats in the Southern states would be affected on account of the delimitationn

Subscribe to enjoy similar stories. In recent years, the government’s policy on disinvestment has been cloudy. While it has in the past endorsed the mantra that ‘the government has no business being in business,’ its actions would suggest otherwise.

Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if United States President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.

interest rate cuts to keep inflation in check without allowing growth to slide below a critical level. As Trump's tariff actions spread across the world, governments will face greater fiscal imbalance as their trade surplus with the US shrinks and they spend more to insulate domestic demand. Central banks will have a more straightforward choice in monetary accommodation. This should benefit bond markets outside the US.

(Bloomberg) — Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.

skills development and entrepreneurship will soon come up with a detailed action plan for setting up the national centres of excellence (CoEs) for skilling, defining roles and responsibilities of government, industry, and global institutions and establishing collaboration mechanisms between stakeholders, skills secretary Atul Kumar Tiwari said. Speaking at a post-budget webinar jointly organised with the Department for Promotion of Industry & Internal Trade (DPIIT) on Wednesday, Tiwari said the action plan will also look at seamless integration between industry and the government in curriculum design and training delivery. “A structured framework for training instructors incorporating continuous learning programs, certification mechanisms, and incentives to attract and retain skilled trainers will also be put in place,” he said .

Supreme Court has called for an investigation into the alleged nexus between real estate developers and banks, which it said had left poor homebuyers in the National Capital Region (NCR) “at ransom.” The court has sought a response from the Central Bureau of Investigation (CBI) regarding the possibility of conducting the probe. A bench of Justices Surya Kant and N Kotiswar Singh raised concerns over builders, banks, and interim resolution professionals failing to provide details about delayed housing projects and their construction progress. The court said a Special Investigation Team (SIT) must be formed to examine the issue, stating, “People invested their hard-earned money, but poor homebuyers have been taken to ransom.” The case involves thousands of homebuyers who purchased flats under subvention schemes, where banks directly disburse loans to builders, who are then responsible for paying the EMIs until the homes are handed over. However, several builders defaulted on payments, leading banks to demand EMIs from buyers, despite the delayed possession of their flats.

Himanta Biswa Sarma has hinted that the ongoing probe into alleged links between a Pakistan-based official and “certain individuals” in India may see involvement of Interpol. After Assam Police formed an SIT to investigate a case registered with Assam CID against a Pakistani national Ali Taqueer Sheikh who works with a climate action group – CDKN, Sarma had said government SIT has found that Seikh has come to India 18 times and SIT has got some initial leads which might lead to facts which will be starting, huge and fatal. Pakistani national Ali Taqueer Sheikh is accused of anti-India activities, and it is alleged that Congress MP Gaurav Gogoi's wife Elizabeth Colburn worked closely with Seikh.

Makkal Needhi Maiam President Kamal Haasan has strongly criticised the Union government’s plan for parliamentary constituency delimitation, warning that it could weaken India’s federal structure and diversity. Speaking at an All-Party Meeting on the issue, Haasan stated that the move could harm India’s inclusive vision by promoting a homogenised «Hindia.»