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Saradha Group financial scandal. The Saradha Group financial scandal was a major political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds [1] [2] [3] in Eastern India.
The Reporters' Lab at Duke University maintains a database of fact-checking organizations that is managed by Mark Stencel and Bill Adair. The database tracks more than 100 non-partisan organizations around the world. The Lab's inclusion criteria are based on whether the organization. examines all parties and sides;
Political funding in India is a major concern under need for electoral reforms in India. The financing of the world's most extensive electoral process remains a perplexing issue, as the involvement of businesses in supporting both disclosed and undisclosed expenditures during elections has been a matter of public knowledge for a considerable period.
Number of locations. 5. Number of employees. 200 (2023) Website. logically .ai. Logically is a British multinational technology startup company that specializes in analyzing and fighting disinformation. [1] Logically was founded in 2017 by Lyric Jain and is based in Brighouse, England, [2] with offices in London, Mysore, Bangalore, and Virginia.
Nadar, nicknamed by friends as Magus (Old Persian for "wizard"), since the mid-1990s he has focused his efforts on developing the educational system of India through the Shiv Nadar Foundation. According to Forbes , He is the 3rd richest person in India and the 30th richest person in the world with an estimated net worth of US$40 billion as of ...
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. In some variations of chit funds, the savings are for a specific purpose.
National Electronic Funds Transfer ( NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology. [1] NEFT enables bank customers in India to transfer funds between any two NEFT ...
India has substantially reduced its rate of poverty, though at the cost of increasing economic inequality. India is a nuclear-weapon state, which ranks high in military expenditure. It has disputes over Kashmir with its neighbours, Pakistan and China, unresolved since the mid-20th century.