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Asset seizure before conviction of goons a necessity: UP in SC; justifies anti-gangster act provision, says it stops property transfer | India News

NEW DELHI: Ahead of Supreme Court testing the validity of provisions of the UP Gangsters and Anti-Social Activities (Prevention) Act and the Rules, the state told the court that attachment of properties of those booked under the law prior to their conviction was a necessity to prevent them from alienating their ill-gotten assets.Petitioner Siraj Ahmed…

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Explained: How an Indian-origin entrepreneur ‘borrowed’ $500 million from the world’s biggest asset manager | Business

Imagine running a small telecom company and convincing the world’s biggest asset manager, BlackRock, that your business is booming. That’s what Indian-origin entrepreneur Bankim Brahmbhatt allegedly managed to do.Through his companies — Broadband Telecom, Bridgevoice, and Carriox Capital — Brahmbhatt borrowed more than $500 million from private-credit lenders led by HPS Investment Partners, a firm…

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Decline of the US dollar? Why gold prices are breaking all records; ‘more reliable safe-haven asset’

Central banks around the world are increasing the percentage of gold reserves in their overall foreign exchange reserves. (AI image) Gold is on a record-breaking spree – even by its safe haven standards! Gold prices have been rising to new lifetime highs both in the domestic and international markets – smashing records with a bull…

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Sunjay Kapur’s Rs 30,000 crore inheritance row: Priya Kapur seeks confidentiality in asset disclosure, Delhi HC flags concerns | Hindi Movie News

Karisma Kapoor’s children, Samaira and Kiaan, are fighting a legal battle against Priya Kapur over their father, late Sunjay Kapur’s estate. The family dispute over the massive estate reportedly worth around Rs 30,000 crore has taken a new turn in the Delhi High Court. The court has raised doubts over widow Priya Sachdev Kapur’s request…

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NBA Trade Rumors: Boston Celtics Predicted to Land $51,932,509 Utah Jazz Power Trio; All Horford Key Trade Asset? | NBA News

Boston Celtics’ Jaylen Brown (7) defends New York Knicks’ Jalen Brunson as Kristaps Porzingis watches during the first half of Game 6 (Image via AP Photo/Frank Franklin II) The Boston Celtics could be gearing up for a significant roster shift this offseason. With a glaring need at the center position and uncertainty surrounding their current…

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NBA Trade Rumors: Los Angeles Lakers Rumored to Bag $30,169,644 Miami Heat Star in Blockbuster Trade With Rui Hachimura as Key Asset | NBA News

LeBron James at the Playoffs against the Timberwolves (Image via Imagn) The Los Angeles Lakers are rumored to be eyeing Andrew Wiggins in a high-profile trade, with Rui Hachimura emerging as the centerpiece of a potential deal. Here’s an in-depth breakdown of how the trade could take shape, its strategic implications, pros and cons for…

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PSB credit growth: Public lenders outpace private peers for first time since 2010; asset quality gap narrows

Public sector banks (PSBs) have registered their strongest advance growth since 2010, surpassing private lenders for the first time in over a decade. According to a Systematix Group report cited by news agency ANI, PSBs reported 12.2% year-on-year growth in advances in FY25, compared to 9.5% by private sector banks (PVBs).The report noted that PSBs…

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