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E-rupee transactions will not be tracked

-The Telegraph Many experts, including former RBI governor D Subbarao, have flagged concerns over the privacy aspect of CBDC Mumbai: The RBI on Wednesday said the central bank digital currency (CBDC) will remain anonymous and regulations that are applicable to paper currency will prevail on the e-rupee. Earlier this month, the RBI had begun a pilot for the retail digital rupee after it launched another project for wholesale digital rupee among financial institutions. Many...

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What is Chhattisgarh’s ‘PDS scam’ & why ED wants SC to allow a CBI investigation into it -Bhadra Sinha

-ThePrint.in Alleged PDS scam was unearthed in 2015 by Chhattisgarh's Anti-Corruption Bureau. SC will hear ED's plea to transfer the probe to CBI on 26 September. New Delhi: Last week, the Enforcement Directorate (ED) made a startling disclosure in the Supreme Court with regard to the seven-year-old alleged Public Distribution System (PDS) or Nagrik Apurti Nigam (NAN) scam in Chhattisgarh. Solicitor General Tushar Mehta claimed that a sitting High Court judge of the...

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Supreme Court issues notice to govt on ED Director's tenure extension -Krishnadas Rajagopal

-The Hindu The petitioners have questioned the legality of amendments made to the Central Vigilance Commission Act by way of promulgation of an ordinance in November last year The Supreme Court on August 2 sought the government’s response on petitions challenging the “piecemeal” tenure extensions given to Enforcement Directorate (ED) Director Sanjay Kumar Mishra. The petitions filed by the likes of Congress party spokesperson Randeep Singh Surjewala, Trinamool Congress leader Mahua Moitra, social...

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Explainer: How Teacher Recruitment Scam in West Bengal Unfolded -Sandip Chakraborty

-Newsclick.in Many candidates alleged they gave ‘cut money’ (commission) which was channelised to then state education minister Partha Chatterjee (who is now under arrest) and were recruited. Kolkata: The School Selection Commission (SSC) scam in West Bengal came to national limelight after the Enforcement Directorate (ED) unearthed Rs 21 crore 90 lakh in hard cash from Arpita Mukherjee’s residence. Arpita Mukherjee is believed to be a close confidante of Partha Chatterjee,a trusted...

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More cash, gold recovered from home of arrested Bengal Minister’s aide -Shiv Sahay Singh

-The Hindu The cash was recovered from one of the apartments of Arpita Mukherjee at Belghoria in northern fringes of Kolkata More cash and gold were recovered on Wednesday evening from one of the properties of Arpita Mukherjee, an aide of arrested West Bengal Industries and Commerce Minister Partha Chatterjee. The Enforcement Directorate (ED) held raids at several properties of the Minister’s aide and the cash was recovered from one of the apartments...

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