E-PaperChit Fund Scam News
Cabinet approves banning of Unregulated Deposit Schemes Bill
The bill will help tackle the menace of illicit deposit-taking activities, which exploits regulatory gapsThe bill aims at plugging gaps in existing laws and giving powers to the government to prohibit companies from taking such funds from the public
1 min read11 Jul 2019CBI allows Rajeev Kumar to return to Kolkata after 5-day grilling
Kumar was also questioned about the Rose Valley ponzi scamOn Wednesday, he had arrived at the CBI office around 9.30 am and he was let off around 12:30 pm
2 min read13 Feb 2019Centre set to take action against those impeding Saradha probe
SC to hear plea against TMC govt for obstructing CBI from questioning Kolkata top cop in chit fund caseMajor opposition leaders expressed solidarity with Mamata Banerjee, who continues to stage a dharna in Kolkata
2 min read5 Feb 2019Nageshwar Rao takes charge as interim chief amid churn in CBI
The decision comes a day after CBI special director Rakesh Asthana moved the Delhi high court seeking the quashing of the first information report (FIR) filed against him by his own agency
2 min read25 Oct 2018Rose Valley ponzi scam case: ED attaches Rs2300 crore assets
With the latest action, the total value of assets seized in this case stands at about Rs4,200 crore
1 min read29 Mar 2018Rose Valley case: ED raids outlets of Adrija Gold
Adrija was widely seen as a venture funded by public deposits illegitimately collected by Gautam Kundu's Rose Valley group
1 min read28 Dec 2017Union minister Babul Supriyo’s convoy attacked in West Bengal
Babul Supriyo said his convoy was attacked by alleged TMC activists when he was on an official visit to Durgapur Steel Thermal Power station in his Asansol constituency
1 min read16 Jan 2017TMC leaders arrests aim at breaking opposition unity on demonetisation: Congress
Congress general secretary C.P. Joshi said the CBI was silent for a year but suddenly has become active when the opposition is getting united on the issue of demonetisation
1 min read4 Jan 2017CBI arrests TMC MP Sudip Bandyopadhyay in Rose Valley scam
Trinamool Congress chief Mamata Banerjee calls emergency meet after the CBI arrests party MP Sudip Bandyopadhyay in the Rose Valley chit fund scam
2 min read4 Jan 20178 hotels, Rolls Royce among assets worth ₹1,250 crore attached in Rose Valley case
Officials said ED issued a provisional attachment order for seizing hotels of the Rose Valley group located across India
1 min read22 Dec 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared