India has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...

The Enforcement Directorate is actively investigating several money laundering cases across West Bengal. These probes target alleged corrup...

West Bengal Pradesh Congress Committee released a “people’s chargesheet” accusing both the Trinamool Congress government and the BJP-led Ce...

Gandhi also claimed that the names of PM Modi, several BJP leaders and ministers have been found in the Epstein files. “The key (chabi) of ...

Rahul Gandhi, addressing a public rally in Raniganj, made strong allegations against Prime Minister Narendra Modi, the BJP, and the RSS, cl...

The Central Bureau of Investigation made an arrest. Partha Samaddar, a director of Himangini Infracon India Ltd, faced charges in the Tripu...

Do not invest in chit funds without knowing how it works. Here is all you need to know about investing in them.

Now chit funds are trying to carve out a cleaner identity, a campaign that culminated in a slew of amendments to the Chit Fund Act. These c...

Minister of state for finance and corporate affairs Anurag Singh Thakur said a government-constituted key advisory group (KAG) and the parl...

The bill is aimed at fulfilling the objectives of reducing the regulatory or compliance burden of the registered chit funds industry.

The sector is facing competition from alternative savings/investment products, which are better packaged and marketed more aggressively.

Arun Jaitley said the SEBI was looking into the chit fund issues and efforts were on to seize the properties of such companies.

The CBI is running their chit fund probe in other states too, but governments in those states are not preventing the central probe agency f...

Tens of chit fund-backed production houses have vanished after scams such as Saradha and Rose Valley. Now, only two of them remain in the b...

Tamil Nadu Chit Fund Companies Association President Y S Mathivanan said people wrongly associated ponzi schemes with chit funds.

Objecting to the use of word 'Chit Fund' in Saradha financial fraud, CFAI said none of the entities of the Group was operating as a registe...

"The failure of some Multi-level Marketing or a ponzi scheme is explained as failure of a Chit Fund company. This is totally unfair," Sivar...