CBI

UK retail sales fall sharply

London - Muslimchronicle

British retail sales plummeted in October at the fastest pace since early 2009, when Britain was last mired in recession, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance slid to -36 from September’s two-year high of +42, marking its lowest level since March 2009. The reading was far below even the lowest forecastRead more

UK economy overcast but outlook improves

London - Muslimchronicle

Growth across Britain's private sector cooled slightly in the three months to September, an industry survey showed on Sunday, although companies were mostly upbeat about their prospects for the next three months. The Confederation of British Industry's monthly indicator of output for manufacturers, retailers and services companies slipped to +11, down from +14 for the three months to August. “GrowthRead more

Iraqi Central Bank says ISIS seized 121 banks

Baghdad - Najla Al Taee

The Central Bank of Iraq (CBI) revealed on Tuesday that the Islamic State (IS) militant group seized a total of 825 million U.S. dollars when they captured the predominantly Sunni provinces in northern and western Iraq in 2014. In a statement, the CBI said that the terrorist group in June 2014 seized 121 branches of the government-owned and private banks,Read more

Iraqi Central Bank sets steps of compliance

Baghdad - Najla al-Taie

The Central Bank of Iraq(CBI) reviewed several steps that it said included the standards of compliance with banks (compliance, anti-money laundering, risk) that aim to participate in the window of sale and purchase of foreign currency. The Director of the Information Office of CBI, Acer Jabbar said in an interview with Arabs Today, that the subject of compliance is theRead more

India's defense ministry orders CBI investigation into army recruitment exam paper leak

New Delhi - ArabToday

The Indian Ministry of Defense has asked the country's premier investigating agency -- the Central Bureau of Investigation (CBI), to probe the alleged leak of question papers for the army's recruitment exam, officials said Thursday. The leak of papers detected by police in western state of Maharashtra on Sunday led to cancellation of the exam for entire Pune zone. India'sRead more

US consumer prices rise at faster pace in December

Washington - ArabToday

U.S. consumer prices expanded at a faster pace in last December, indicating inflationary pressure is gradually building up. Consumer Price Index (CBI), a main gauge of inflation, rose 0.3 percent in December on a seasonally adjusted basis, compared to 0.2 percent growth in the previous month, said the Labor Department on Wednesday. On a year-on-year basis, the index increased 2.1Read more

Several West Bengal ministers to be summoned in chit-fund case

Kolkata - ArabToday

At a time when two Trianmool Congress (TMC) Members of Parliament — Tapas Pal and Sudip Banerjee — have been arrested by the Central Bureau of Investigation (CBI) in connection with the Rose Valley chit-fund scam, names of three more party leaders, including two senior ministers of the Mamata Banerjee government have surfaced. “We have been examining this case forRead more

CBI calls Rajendra Kumar’s harassment allegation ‘baseless’

New Delhi - ArabToday

The CBI on Thursday termed Delhi chief minister Arvind Kejriwal’s former principal secretary’s harassment allegation as “absolutely baseless”. The Central Bureau of Investigation also said that it was an “attempt to influence the matter which is sub judice”. The agency’s remarks came hours after Rajendra Kumar said that he had sought voluntary retirement from service alleging that CBI officials wereRead more

Mamata flays Trinamool leader’s arrest, BJP office attacked

Kolkata - Arab Today

West Bengal Chief Minister Mamata Banerjee on Tuesday dubbed the arrest of Trinamool Congress MP Sudip Bandyopadhyay as “vendetta politics” by the Centre as her supporters attacked the BJP office here, leaving some 15 people injured. A furious Banerjee also announced nationwide protests against the Modi government’s “vindictive attitude”. Bandyopadhyay was earlier arrested by the Central Bureau of Investigation (CBI)Read more

Ex-IAF Chief Gets Bail In Chopper Deal Case

New Delhi - Arab Today

The Patiala House Court on Monday granted bail to former Indian Air Force (IAF) chief SP Tyagi arrested in the Rs36 billion (Dh1.95 billion) AgustaWestland VVIP chopper deal case. “He (Tyagi) was in custody for 18 days. No purpose will be served by keeping (the) accused behind the bars,” the court said while granting him bail. The case relates toRead more