Enforcement Directorate

ED raids Vivo, other Chinese firms in money laundering case

The Enforcement Directorate (ED) on Tuesday conducted raids at nearly 40 locations in Uttar Pradesh, Madhya Pradesh, Bihar, and in southern states, in connection with a prevention of money laundering case linked to Vivo and associated Chinese firms. Jul 6, 2022
IIT Guwahati team designs new affordable electricity-free cooling system

IIT Guwahati team designs new affordable electricity-free cooling system

Researchers at the Indian Institute of Technology (IIT) Guwahati have designed an affordable and efficient 'passive' radiative cooling system that does not require electricity to operate and can provide an alternative to the conventional air-conditioners, the institute said on Monday. Jul 4, 2022
RBI

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection. Jul 2, 2022
From Toronto to UN HQ in New York to Colombo, the growing global arc of IANS

From Toronto to UN HQ in New York to Colombo, IANS spreads its reach

India's largest bilingual independent newswire, Indo-Asian News Service, launched in 1986 by Gopal Raju, founder-publisher of the New York-based weekly newspaper, 'India Abroad', for a free flow of news between India and North America, renamed India Abroad News Service, has been spreading its reach. Jul 2, 2022