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Over $1bn of client funds missing at FTX

15-11-2022 NEW YORK: At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters. A …

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51 MPs, 71 MLAs face money laundering cases, Supreme Court

Nov’14’2022 New Delhi: The Supreme Court has been informed that as many as 51 MPs are facing cases of money laundering lodged by the Enforcement Directorate and equal number of cases are being probed by the CBI. Senior advocate Vijay Hansaria, amicus curiae in the matter, assisted by advocate Sneha Kalita, …

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Retail inflation eases to 6.77% in October

JRetail inflation, based on the consumer price index (CPI), eases to a three-month low of 6.77 per cent in October this year. As per the Ministry of Statistics and Programme Implementation data released today, retail inflation came down mainly with ease in prices of Food & Beverages. The retail inflation …

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Students should focus on the studies without any distraction and make their parents proud with their success”: CP Mahesh Bhagwat IPS

Hyderabad’Nov’142022 (PMI)CP Sri Mahesh Bhagwat IPS, Rachakonda has instructed the students to focus on the studies only and not get diverted towards any unwanted distractions, in his speech during the orientation program to the newly admitted students and parents held at Sri Nidhi University for orientation program of students and …

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Police arrest Rajagopal Reddy in Munugodu

Hyderabad, Nov.14 (PMI): The police today arrested former MLA and BJP leader Komatireddy Rajagopal Reddy in Munugodu. The arrest led to tense moments in the constituency for some time. The arrest of Reddy took place when he was holding a protest alleging that the State government had frozen the money paid …

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Six-member gang of fake education certificates makers busted

Hyderabad, Nov.14 (Press media of india): The Special Operation Team, Madhapur Zone and Miyapur Police have busted a fake education certificates racket and arrested six members of the gang on Sunday. The accused, who were arrested in Miyapur, were involved in preparation and procurement of Bachelor Degree courses certificates. The interstate …

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