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CBI arrests ED assistant director for taking bribe of Rs 20 lakh

August 8, 2024
Corruption
bribe/bribery

The CBI has arrested an assistant director of the ED for allegedly taking a bribe of Rs 20 lakh from a Mumbai-based jeweller, officials said on Thursday. The Enforcement Directorate (ED) had conducted searches at the premises of the jeweller, Vipul Harish Thakkar, on August 3 and 4. Assistant Director Sandeep Singh Yadav allegedly threatened to arrest Thakkar’s son if he did not pay him Rs 25 lakh, according to the Central Bureau of Investigation (CBI). During negotiations, the amount was reduced to Rs 20 lakh, the officials said. Later, Thakkar approached the CBI. ”The verification of the complaint in

Bangladesh’s Sheikh Hasina lands in India, CNN News18 says

August 5, 2024
General

New Delhi, Aug 5 (Reuters): Bangladesh’s former Prime Minister Sheikh Hasina landed in India’s northeastern city of Agartala on Monday after fleeing Dhaka, broadcaster CNN-News18 reported. India is set to offer a safe passage to Hasina, the report said, citing intelligence sources.

Excise Policy case: HC set to deliver verdict today on Arvind Kejriwal’s bail plea, his challenging CBI arrest

August 5, 2024
General

New Delhi [India], August 5 (ANI): The Delhi High Court made clear that it will deliver its judgment on Delhi Chief Minister Arvind Kejriwal’s petitions on Monday. These petitions challenged his arrest and sought bail in connection with the Central Bureau of Investigation (CBI) case concerning the Excise Policy matter. On Monday, Arvind Kejriwal’s legal team mentioned the matter before the bench of Justices Neena Bansal Krishna, urging the court to expedite the decision on his petitions. The bench stated that it scheduled the pronouncement of judgment for 2:30 p.m. on the same day. The same bench had reserved its

India’s services growth slows a touch but still solid, PMI shows

August 5, 2024
General
An employee works inside an engineering goods export unit in the manufacturing hub of Faridabad on the outskirts of New Delhi, India, January 13, 2023. REUTERS/Manoj Kumar

BENGALURU, Aug 5 (Reuters): Activity in India’s dominant services sector remained upbeat in July on robust demand, leading to strong job creation, despite elevated cost pressures pushing up selling-price inflation to a seven-year high, a survey showed. The HSBC final India Services Purchasing Managers’ Index (INPMIS=ECI) , opens new tab, compiled by S&P Global, fell marginally to 60.3 in July from 60.5 in June and was considerably below a preliminary estimate of 61.1. However, the overall pace of expansion was sharp and the index remained above the 50-mark that separates contraction from expansion for the 36th straight month. It was

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