The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.
IDFC First Bank reported a Rs 590 crore fraud involving its employees and others in accounts held by the Haryana government. The bank has informed regulators and filed a police complaint, initiating internal reviews and forensic audits.
Police in Gadag, Karnataka, have arrested five men for allegedly luring students with false promises of scholarships to open bank accounts for illegal transactions.
'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'
The Enforcement Directorate has frozen 90 bank accounts following searches related to the alleged siphoning of Rs 590 crore of Haryana government funds through IDFC First Bank, involving shell companies and bogus billing for gold purchases.
Punjab Governor Gulab Chand Kataria emphasised the importance of Aadhaar in promoting good governance, transparency, and ease of living, highlighting its role in ensuring welfare benefits reach the intended recipients and strengthening the rural economy through Direct Benefit Transfer.
Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.
The Karnataka government has formed a committee on responsible AI to develop a framework for the safe, ethical, and transparent adoption of AI across government systems and public services.
The Gujarat government has reported that over 2 lakh children in 20 districts are malnourished, prompting government intervention through fortified food programs and nutritional support for mothers and children.
Delhi Police have arrested three members of a robbery gang who posed as government officials to cheat and rob unsuspecting passengers near the New Delhi railway station.
Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.
The Panchkula Municipal Corporation has reported discrepancies in its Fixed Deposit Receipts (FDRs) with a private bank, amounting to approximately 150 crore. The matter has been reported to the State Vigilance for further investigation.
The tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.
An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over 1.5 million in a 'digital arrest scam' after fraudsters posing as CBI officials accused him of financial crimes.
An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over 15 crore in a 'digital arrest scam' after fraudsters posing as CBI officials accused him of financial crimes.
An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over Rs 15 crore in a 'digital arrest' scam. Fraudsters posing as CBI officials accused him of financial crimes and coerced him into transferring funds to a 'safe account'.
The artificial intelligence (AI) ecosystem is opaque and needs to be made transparent and accountable, said Competition Commission of India's (CCI) Chairperson Ravneet Kaur at the Business Standard Manthan Summit on Wednesday.
The Jammu and Kashmir government is working to fill over 40,000 vacant posts across various departments, with a focus on health, education, and general administration.
The Union Cabinet, meeting at the new PMO complex 'Seva Teerth', resolved to prioritize citizen empowerment and service in all its decisions, guided by the principle of 'Nagrik Devo Bhava'.
Chandigarh Police have launched an investigation into a fraud involving fake fixed deposit receipts (FDRs) worth 116.84 crore, allegedly issued by a private bank manager, impacting the Chandigarh municipal corporation's funds.
Opposition parties in Punjab, including SAD and Congress, have criticised the AAP government for allegedly misusing state funds by painting state-owned buses in the colours associated with the Aam Aadmi Party.
A Haryana government employee has been arrested in connection with the Rs 590 crore IDFC First Bank fraud case, which involved state government accounts and led to the recovery of nearly Rs 556 crore within 24 hours.
Opposition parties in Punjab are criticising Chief Minister Bhagwant Mann for refusing to order a CBI investigation into the suicide of a warehousing corporation official, alleging a cover-up to protect a former minister.
The cremation of a warehousing corporation official who died by suicide after accusing former Punjab minister Laljit Singh Bhullar of harassment was held in Amritsar. Bhullar has been arrested for abetting suicide, sparking a political row and demands for a CBI probe.
Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.
A jeweller has been arrested in Haryana in connection with a Rs 590 crore fraud at IDFC First Bank. The investigation revealed that over Rs 250 crore was routed to the jeweller's firm from companies linked to the accused.
An FIR has been filed regarding alleged discrepancies related to Fixed Deposit Receipts (FDRs) involving nearly Rs 150 crore of Panchkula Municipal Corporation with a Kotak Mahindra Bank branch, leading to a formal investigation.
'...even though the investigation in the matter is ongoing, we have paid 100 per cent of the principal and interest to relevant departments of the Haryana government.'
Prime Minister Narendra Modi has accused the Trinamool Congress (TMC) of insulting President Droupadi Murmu and disrespecting tribal communities and the Constitution, following a controversy surrounding the President's visit to West Bengal.
The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.
Odisha vigilance officers arrested the parents of a previously arrested banker, along with another individual, for allegedly embezzling Rs 5.56 crore in government funds in the Jajpur district. The accused are Pradip Kumar Mohanty, his wife Gitarani Mohanty, and Bishnu Prasad Dash. The funds were fraudulently diverted over six years.
The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.
The Lok Sabha was informed that over 1 crore public grievances were received in the last five years through the Centralised Public Grievance Redress and Monitoring System (CPGRAMS). The government has taken several measures to improve the accountability and efficiency of the grievance redressal mechanism.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
Meghalaya's opposition leader, Mukul Sangma, has called for an independent inquiry into the Garo Hills violence, citing the need for accountability and due process to restore public confidence.
The Leader of Opposition in Kerala is demanding answers from the Chief Minister regarding allegations against Transport Minister K B Ganesh Kumar made by his wife, questioning the government's commitment to women's safety.
Political leaders in Haryana and Punjab are demanding a CBI investigation into the suicide of a Punjab government officer, who allegedly accused a minister of harassment. The minister has resigned, but opposition parties are calling for his arrest and a thorough investigation.
Gautam Gambhir moves Delhi High Court against AI deepfakes and identity misuse, seeking takedown orders and Rs 2.5 crore damages.
India's urban areas are projected to contribute 70 per cent of gross domestic product in 2025-26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.
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