• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, March 3, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

ED is ‘completely independent’ in what it does; not used for vindictive purpose: Sitharaman

Press Trust of india by Press Trust of india
October 16, 2022
in BUSINESS
A A
0
ED arrests man under PMLA in Rs 750 cr bank loan fraud
FacebookTwitterWhatsapp

Washington: The Enforcement Directorate is “completely independent” in what it does, Finance Minister Nirmala Sitharaman has said, refuting allegations that it is being used by the government for political or vindictive purposes.

Speaking at a news conference on Saturday towards the end of her trip to Washington where she attended the annual meetings of the International Monetary Fund and the World Bank, Sitharaman denied causing any kind of fear in the corporate sector and the civil societies through two of its wings—the Income Tax and the Enforcement Directorate (ED).

More News

Modi-Carney talks: India, Canada seal landmark uranium deal; set USD 50 bn trade target

Oil prices rise sharply after attacks in Middle East disrupt global energy supply

India reviews fuel supplies amid Middle East tensions

Load More

“Well, the ED is completely independent in what it does and it is an agency which follows on predicate offences. The first offence is already picked up by any other agency, whether it is a Central Bureau of Investigation or any other agency, and it is post that the ED comes into the picture,” Sitharaman said.

She dismissed fears that there is any malafide intent of using such institutions to go after sections of private capital and civil societies.

There is a widely held perception that these institutions have been used to go after sections of private capital, but also civil society. ED’s conviction rate is very low. Yet, there is a sense that it’s a process, which has become very difficult for civil society institutions, which have been under investigation. Would you like to clarify and reassure think-tank communities about the role of ED and IT, the finance minister was asked.

However, Sitharaman said that whatever the ED does is after getting proper information and evidence.

“The ED doesn’t appear anywhere in the first instance. I don’t want to comment on the individual cases or the approach, but certainly, there are instances which are so standing out and if the ED goes there it is with some prima facie evidence in its hand,” Sitharaman said.

Previous Post

One more Kashmiri Pandit shot dead

Next Post

Rupee is not sliding, dollar is strengthening: FM Sitharaman

Press Trust of india

Press Trust of india

Related Posts

Modi-Carney talks: India, Canada seal landmark uranium deal; set USD 50 bn trade target

Modi-Carney talks: India, Canada seal landmark uranium deal; set USD 50 bn trade target
March 2, 2026

New Delhi:  India and Canada on Monday sealed key pacts on supplies of Uranium and critical minerals and vowed to...

Read moreDetails

Oil prices rise sharply after attacks in Middle East disrupt global energy supply

Iran Crisis: No immediate oil disruption for India; Russia pivot possible if conflict drags on
March 2, 2026

New York: Oil prices rose sharply Monday as US and Israeli attacks on Iran and retaliatory strikes against Israel and...

Read moreDetails

India reviews fuel supplies amid Middle East tensions

March 2, 2026

New Delhi:  As military conflict in the Middle East escalates, India's Oil Ministry on Monday said it is continuously monitoring...

Read moreDetails

CAD widens to USD 13.2 bn in Q3 on higher trade deficit: RBI

March 2, 2026

Mumbai:  India's current account deficit (CAD) rose to USD 13.2 billion, or 1.3 per cent of GDP, in the December...

Read moreDetails

Centre’s goal is to develop TN, says PM inaugurating Rs 4,400 cr projects in Madurai

Ease of justice must for all, language of law should be local, simple: PM Modi
March 1, 2026

Madurai:  Prime Minister Narendra Modi on Sunday said the Centre's "collective goal" was a developed Tamil Nadu for a developed...

Read moreDetails

Iran Crisis: No immediate oil disruption for India; Russia pivot possible if conflict drags on

Iran Crisis: No immediate oil disruption for India; Russia pivot possible if conflict drags on
March 1, 2026

New Delhi: With crude inventories sufficient to meet at least 10 days of requirements and fuel stocks covering another 5-7...

Read moreDetails
Next Post
Rupee is not sliding, dollar is strengthening: FM Sitharaman

Rupee is not sliding, dollar is strengthening: FM Sitharaman

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.