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The Indian Express Dated: September 03, 2020 INVESTIGATIONS HAVE revealed that the Syria trip in 2013-14 of the Bengaluru doctor, who was arrested last month by the National Investigation Agency (NIA) for links with the Islamic State, was facilitated by a dentist and a computer applications graduate who are currently working in Saudi Arabia, police sources told  The Indian Express . Abdur Rahman, a 28-year-old ophthalmologist, was  arrested on August 17  by the NIA on charges of conspiring with a couple, Jahanzaib Sami and Hina Bashir, who were held in New Delhi in March for allegedly carrying out activities for the Islamic State of Khorasan Province (ISKP). Sami and Bashir are among five persons named in a chargesheet filed Wednesday by the NIA for their alleged association with ISKP and for “conspiring to utilise the anti-Citizenship Amendment Act (CAA) protests to instigate Muslims” against the government. The NIA’s ongoing investigation, meanwhile, has revealed that a...

Indian Express Dated: September 03, 2020 BETWEEN 2012 and 2014, when two of its group firms were indicted by the Supreme Court and its chief Subrata Roy was arrested, the Sahara Group floated three cooperative societies and collected deposits worth Rs 86,673 crore from as many as four crore depositors, records accessed by  The Indian Express  show. These societies — and a fourth one set up in 2010 — and their deposits have been red-flagged by the Government which has called for a probe into a slew of “highly suspect” irregularities that have put depositors’ “hard-earned” money under “serious” risk. Of the money collected, at least Rs 62,643 crore, regulators said, was invested in the Aamby Valley project in Lonavala in Maharashtra. This is the same project that was attached by the Supreme Court in 2017 and then released in 2019 after several failed attempts to auction the property to repay the depositors of Sahara. These four societies, floated under the Multi State Cooperativ...

NDTV Dated: September 03, 2020 Hyderabad:  The Anti-Corruption Bureau (ACB) of Telangana on Tuesday said it has seized   ₹   4.47 crore of unaccounted money allegedly belonging to the former Director of Insurance Medical Services (IMS) and another official. An ACB release said "Rs 3.75 crore unaccounted money of former IMS Director Devika Rani and ₹ 72 lakh of ESI Pharmacist Naga Lakshmi, which was invested with a real estate company in Cyberabad area in Hyderabad for purchase of commercial and residential space, was seized from the real estate firm." Both the officers had invested this "unaccounted" money towards purchase of six residential flats and about 15,000 square feet of commercial space in the names of their family besides Devika Rani also invested ₹ 22 lakh in the name of benamidars, it said. The agency further said it has also identified another ₹ 2.29 crore amount which was paid through cheques and online transfers through various...

Outlook Dated: September 02, 2020 New Delhi, Sep 2 (PTI) The Enforcement Directorate (ED) has arrested alleged hawala dealer Naresh Jain in a money laundering probe case linked to dubious transactions worth over Rs 1 lakh crore made using over 550 shell firms over the last few years, officials said on Wednesday. They said Jain has been arrested under sections of the Prevention of Money Laundering Act (PMLA) and will be produced before a court here. A maze of 554 shell or dubious firms, at least 940 suspect bank accounts and fund transfers of over Rs 1.07 lakh crore are under the scanner of the agency in this probe, touted to be one of the biggest hawala and trade-based money-laundering cases of the country. Under the ED''s probe scanner are some "big corporates and a large foreign exchange company", official sources said. The agency is probing Jain and his associates as part of two money laundering cases that are based on a Delhi Police economic offences wing (EOW) FI...

 Moneycontrol Dated: September 02, 2020 After becoming Japan’s longest serving Prime Minister last year, Shinzo Abe decided to call it a day on August 28 because of his worsening health. Apologising to the people of Japan “for leaving my post with one year left in my term of office, and amid the Coronavirus woes, while various policies are still in the process of being implemented,” Abe bowed out of public life which saw him winning six electoral contests. After resigning from his first stint as Prime Minister in 2007, he got a rare second term in December 2012 and was re-elected in 2014 and 2017 which enabled him to give stability to a nation desperately seeking it. He leaves behind a nation which has been transformed, both domestically and in foreign policy, despite his not being able to achieve some of his most-cherished objectives, such as negotiating with North Korea the return of Japanese citizens abducted decades ago, resolving a territorial dispute with Russia, and most amb...

Moneycontrol  Dated: September 02, 2020  witzerland, Sweden, US, UK and Netherlands topped the annual ranking this year. As per the organisation, India, China, the Philippines, and Viet Nam have been the economies with the most significant progress in their GII innovation ranking over the years. All four are now in the top 50. India was ranked at 81 on the list in 2015. India is also the third most innovative lower middle-income economy in the world, ranking in the top 15 in indicators such as ICT services exports, government online services, graduates in science and engineering, and R&D-intensive global companies. Thanks to universities such as the Indian Institute of Technology in Bombay and Delhi, and the Indian Institute of Science in Bengaluru, and its top scientific publications, India is the lower middle-income economy with the highest innovation quality, according to the Global Innovation Index (GII) 2020. Several economies outside the top ranks are among the ...