Kathmandu (TIP): A 25-year-old Indian national has been arrested for carrying 41.55 lakhs of Indian currency in cash without any legal document to support its source, police said. He was arrested on July 20 by a special team of police while heading toward Nepal. “The police confiscated bank notes worth Rs 41,55,000. In Nepal it is illegal to carry more than Rs 25,000 cash without any supporting documents,” a senior police official said. “The person was hiding the bank notes inside a petrol tank beneath the seat of the motorbike. The police have initiated legal action against the man under Bank and Financial Institution Act. (PTI)
United States
AIA Organizes Desi Next Bowling Event to promote networking among young families
LONG ISLAND, NY(TIP): The Association of Indians in America, NY Chapter (AIA-NY) organized its first Bowling Event under its recently launched cultural exchange group called “Desi Next” at AMF Syosset Lanes in Long Island on […]
Science & Technology
Meta introduces new sharing features on Instagram to help users collaborate and connect with friends
Meta has introduced new sharing features on Instagram, including ‘Notes’, that will help users to feel closer to the people they care about. ‘Notes’ is a new way for users to share their thoughts and […]
Business & Economics
Banks can now sell fraud loans to ARCs
Mumbai (TIP): The Reserve Bank of India (RBI) on Friday, Sept 24, allowed banks to sell fraud loan exposures to asset reconstruction companies (ARCs). Banks will now be able to transfer to ARCs loan exposures […]
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