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.

FATF also said India has to improve the implementation of cash restrictions by dealers in precious metals and stones as a priority.

Global anti-money laundering and terror financing body FATF on Thursday launched its much-awaited mutual evaluation report on India, saying the county's systems were "effective" but "major improvements" were required to strengthen prosecution in these cases.

Jammu and Kashmir is India's only Muslim-majority territory and has been at the centre of a dispute with neighbouring Pakistan since 1947. India and Pakistan both claim Kashmir in

In Indian-controlled Kashmir, residents are voting in elections that some hope will lead to restoration of the territory's statehood, which ended when it became a federally governed territory in 2019.

India’s troubled region of Jammu and Kashmir saw a brisk turnout amid tight security as voters cast their ballots on Wednesday in the first regional legislative elections in a decade. The region, which has seen years of separatist violence and is at the centre of a dispute between India and Pakistan,