The global anti-money laundering watchdog, the financial Action Task Force (FATF) urged India on Thursday to speed up its prosecutions in financial fraud cases.

Amnesty International has urged India to cease its crackdown on civil society groups under the guise of combating money laundering and terrorism financing. The call follows a report by the Financial Action Task Force,

The ease with which the trade of precious metals and stones can be used to move "large amounts" of funds without leaving an ownership trail shows this sector in India is vulnerable to be used as a tool for money laundering and terrorist financing,

NEW DELHI (Reuters) -Artillery shells sold by Indian arms makers have been diverted by European customers to Ukraine and New Delhi has not intervened to stop the trade despite protests from Moscow, according to 11 Indian and European government and defence industry officials,

NEW DELHI, (REUTERS) – Artillery shells sold by Indian arms makers have been diverted by European customers to Ukraine and New Delhi has not intervened to stop the trade despite protests from Moscow, according to 11 Indian and European government and defense industry officials, as well as a Reuters analysis of commercially available customs data.

Ammunition manufactured in India has been diverted to Ukraine for over a year by European clients, despite protests from Russia. According to sources from both India and Europe, New Delhi has not taken action to stop these transfers,