Documents and digital data seized during the raids showed that the group had been engaged in “large-scale” tax evasion by adopting various methods, including by way of “unaccounted” cash sales outside the books of account, booking of bogus purchases and cash receipts from real estate transactions, CBDT said.
Rupee ends in the green on likely central bank support
The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio
August 2, 2025