The Enforcement Directorate conducted searches across multiple cities in connection with a major bank fraud involving alleged diversion of government funds from accounts linked to IDFC First Bank. Investigators are tracing the money trail through shell firms and businesses.
Amid concerns over cooking gas availability due to the escalating West Asia conflict, the government has said India’s crude oil supplies remain secure and LPG distribution is being prioritised for households and essential services.
As disruptions in global energy supply squeeze LPG availability in India, households and restaurants are increasingly exploring induction cooktops as a backup cooking option, raising questions about whether electricity-based cooking could be cheaper and more reliable.
Prime Minister Narendra Modi held a high-level meeting with Petroleum Minister Hardeep Singh Puri and External Affairs Minister S. Jaishankar to assess LPG supply concerns in India after the Iran conflict disrupted energy shipments through the Strait of Hormuz.
The Union Cabinet has relaxed foreign direct investment rules for neighbouring countries, including China, by amending the 2020 policy that required government approval for such investments, aiming to boost capital inflows while maintaining safeguards in sensitive sectors.
Opposition leaders criticised the government for allowing only a ministerial statement on the escalating West Asia conflict, saying Parliament must hold a full discussion so MPs can question the government about India’s diplomatic and security response.
The projects include new Delhi Metro corridors and housing redevelopment works aimed at improving urban connectivity and residential infrastructure in the capital, with the Prime Minister also interacting with beneficiaries during the programme in New Delhi.
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