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ED raids RJD MLA Mehta’s residence in Bihar among 17 places in bank fraud case

January 10, 2025
Corruption

Bihar (Patna) [India], January 10 (ANI): The ED (Enforcement Directorate) on Friday launched raids at the residence of RJD MLA Alok Kumar Mehta in Bihar, in connection with an alleged bank fraud case. The agency is conducting raids at 17 locations as part of its investigation into the case linked to the leader. Mehta, a prominent figure in the Rashtriya Janata Dal (RJD), has come on the ED’s radar for alleged financial irregularities. The raids, which began early in the morning, are reportedly connected to accusations of misuse of public funds, further intensifying the ongoing scrutiny of opposition leaders by

Trump to be sentenced in hush money case, days before his inauguration

January 10, 2025
Corruption

NEW YORK, Jan 10 (Reuters) – U.S. President-elect Donald Trump is scheduled to be sentenced on Friday for his criminal conviction stemming from hush money paid to a porn star, a case that for a time overshadowed his bid to retake the White House. The U.S. Supreme Court paved the way on Thursday for the 9:30 a.m. ET (1430 GMT) sentencing in New York state court in Manhattan, rejecting a last-minute request by Trump to halt it 10 days before his Jan. 20 inauguration. Justice Juan Merchan, who oversaw the six-week trial last year, has signaled he does not plan

Rupee hits record low as broad dollar strength hurts Asian currencies

January 9, 2025
Finance

MUMBAI, Jan 9 (Reuters) – The Indian rupee weakened to its lifetime low on Thursday as the dollar strengthened on the back of expectations of slower-than-anticipated rate cuts by the Federal Reserve as well as uncertainty about the incoming U.S. President’s policies. The rupee declined to 85.9325 against the U.S. dollar before closing at 85.8475, little changed on the day. The local unit was under pressure through most of the session but state-run banks’ dollar sales, most likely on behalf of the Reserve Bank of India, helped limit the currency’s losses, traders said. While the RBI has routinely stepped in

Want to work with Delhi to resolve Jammu and Kashmir problems; INDIA bloc permanent: Farooq

January 9, 2025
Politics

Jammu, Jan 9 (PTI) National Conference President Farooq Abdullah on Thursday said his party does not intend to “fight” New Delhi to collaborate with the central government to address the pressing issues of Jammu and Kashmir. Addressing concerns about the unity within the INDIA bloc, Abdullah said the alliance is not just about contesting elections, but it is about strengthening India and eliminating hatred. “The alliance is permanent — it is for every day and every moment.” He was replying to media questions on a range of issues including about Chief Minister Omar Abdullah being dubbed a “New Delhi man”,

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