India


ED eases PMLA asset rules to boost recovery under insolvency law

New Delhi, Nov 5 (UNI) In a significant move, the Enforcement Directorate (ED) has facilitated the release of assets attached under the PMLA to support the resolution of companies under the Insolvency and Bankruptcy Code (IBC). This step is aimed at maximizing recovery for creditors, including banks and homebuyers.
Previously, PMLA attachments could hinder the IBC process. After coordination with the Insolvency and Bankruptcy Board of India (IBBI), a standard mechanism has been established. This allows Resolution Professionals to seek the release of attached assets for the benefit of creditors, ensuring no advantage flows back to the accused.
The initiative demonstrates that PMLA enforcement and IBC resolution can work in tandem to prosecute offenders while protecting creditor interests.
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RSS rooted in tradition, registration not mandatory: Alok Kumar

19 Nov 2025 | 4:44 PM

By Mukesh Gupta
New Delhi, Nov 19 (UNI) Alok Kumar, international president of the Vishwa Hindu Parishad (VHP), has dismissed recent Karnataka government remarks about a possible ban on the Rashtriya Swayamsevak Sangh (RSS), warning that past attempts to curb the organization have failed and could backfire politically.

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India to host Colombo Security Conclave tomorrow, NSAs of 6 nations to discuss regional security

19 Nov 2025 | 4:23 PM

New Delhi, Nov 19 (UNI) India is set to hold the 7th meeting of the Colombo Security Conclave (CSC) in the national Capital on Thursday, bringing together National Security Advisers (NSAs) from across the Indian Ocean region for key regional security discussions.

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272 prominent citizens condemn Rahul Gandhi, accuse Opposition of assault on Constitutional institutions

19 Nov 2025 | 3:34 PM

New Delhi, Nov 19 (UNI) As many as 272 eminent citizens, including several retired judges, bureaucrats, and armed forces officers, wrote an open letter titled “Assault on National Constitutional Authorities”, accusing Leader of the Opposition Rahul Gandhi and the Congress party of attempting to tarnish constitutional bodies, such as the Election Commission of India, through “venomous rhetoric” and “provocative but unsubstantiated accusations.”.

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PM Modi celebrates Birth Centenary of Bhagwan Sri Sathya Sai Baba

19 Nov 2025 | 3:07 PM

New Delhi, Nov 19 (UNI) Prime Minister Narendra Modi Wednesday paid heartfelt tribute to Bhagwan Sri Sathya Sai Baba during the grand centenary celebrations held at the holy shrine and Mahasamadhi in Puttaparthi, Andhra Pradesh. The occasion marked 100 years since the birth of the revered spiritual leader, whose teachings of love, peace, and selfless service continue to inspire millions across India and the world.

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Morgan Stanley sees RBI cutting repo rate by 25 bps in December 2025 policy review

19 Nov 2025 | 3:05 PM

New Delhi, Nov 19 (UNI) In its upcoming December 2025 monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) is likely to lower the repo rate by 25 basis points attributed to persistent downside surprises in headline Consumer Price Index (CPI) inflation, said Morgan Stanley in its latest report. .

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