Former West Bengal minister Sujit Bose has been arrested by the Enforcement Directorate in connection with a money laundering case linked to an alleged municipality recruitment scam.
The TMC's defeat in West Bengal signals an institutional breakdown, highlighting the collapse of its organisational core and raising questions about its sustainability beyond its top leadership.
Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.
The CBI has arrested five individuals and conducted searches across India in connection with the NEET UG paper leak case. Protests have intensified, and calls for the Education Minister's resignation have grown louder. Political parties are trading blame, and the Supreme Court is considering a plea for an overhaul of the National Testing Agency.
The Jharkhand High Court has directed police to send a skeleton found in Bokaro to the Central Forensic Science Laboratory (CFSL) in Kolkata for further examination in connection with a missing woman case. The court also addressed concerns about the investigation's handling and the suspension of police personnel.
Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.
'Vijay did not defeat Dravidian politics from outside. He entered the Dravidian field and claimed ownership of it. 'His argument was not that the room should be destroyed. It was that the present occupants no longer deserved to remain in it.'
Haryana Chief Minister Nayab Singh Saini criticises the AAP-led Punjab government for political instability and lack of industrial development, while promoting Haryana's investor-friendly policies and industrial growth initiatives.
Hyderabad Police Commissioner V C Sajjanar has proposed a Joint Working Group with the RBI and banks to address the issue of mule bank accounts used in cyber fraud. The proposal follows 'Operation Octopus,' which exposed vulnerabilities in KYC verification. Sajjanar also recommended strict directives for banks to fix accountability and adopt advanced technology to detect suspicious transactions.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
The Income Tax Department conducted searches at multiple locations in Kolkata, including the residence of TMC MLA Debashis Kumar and Miraj Shah, a proposer of Mamata Banerjee's candidature. The TMC alleges the raids are politically motivated.
Punjab Chief Minister Bhagwant Mann has criticised the BJP-led central government following ED raids on state minister Sanjeev Arora, alleging political harassment and misuse of central agencies.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
The BJP's landslide victory in West Bengal has not merely redrawn the electoral map but overturned the operating logic of politics in the state, breaching the TMC's entrenched fortress despite a decade-and-a-half of dominance, minority consolidation, and a sustained "outsider" narrative.
Supreme Court Justice B V Nagarathna has emphasised the critical importance of an independent Election Commission to ensure the neutrality and integrity of the electoral process in India.
Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.
Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?
The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.
West Bengal's final phase of assembly elections focuses on the TMC's southern stronghold, where the BJP aims to make inroads. The outcome will determine whether Mamata Banerjee's party retains its dominance or if the BJP can secure a path to power.
China has established a new county in Xinjiang province near Pakistan-occupied Kashmir (PoK) and the Afghanistan border, a move seen as strengthening security along the Wakhan Corridor and addressing concerns about Uyghur separatist militants.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
The Trinamool Congress (TMC) has strongly condemned the arrest of Vinesh Chandel, co-founder of I-PAC, alleging it is a politically motivated act of "electoral sabotage" ahead of the West Bengal elections.
The CBI has arrested three individuals, including an IndusInd Bank assistant manager, in connection with a Rs 1.6 crore "digital arrest" scam. The arrests followed searches in Telangana and Andhra Pradesh.
'In West Bengal, the BJP's ideology of Hindutva will be customised to cater to the culture and the cultural imperatives of Bengalis.'
The Congress party in Kerala has expressed a lack of faith in the Special Investigation Team (SIT) probing the alleged misappropriation of gold from the Sabarimala Sree Ayyappa Temple, stating that a thorough investigation will be conducted if the UDF comes to power.
Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.
'Narendra Modi -- a man with deep and vital experience of Indian politics -- has seen the BJP lose many elections between 1975 and 2015, and with every defeat, he learned lessons that made sure he would never allow his party to be defeated so easily again.'
Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.
The Bharatiya Janata Party has surged past the halfway mark in the West Bengal assembly elections, leading in 185 seats against the Trinamool Congress's 91, signalling a potential political shift in the state. Early trends suggest a geographically split mandate, with the BJP gaining in border, tribal, and industrial regions, while the TMC holds ground in parts of Kolkata and select rural strongholds.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.
A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.
The Reserve Bank of India (RBI) is developing digital public infrastructure and payments intelligence platforms using artificial intelligence and application programming interfaces to improve customer experience and strengthen the payments ecosystem.
The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'
Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era includes freedom from algorithmic influence, emphasising that AI should only assist judges, who must ultimately decide based on constitutional values and human judgment.
A new analysis by the Institute for the Study of War has warned that Iran could escalate its attacks on Israel by launching large missile salvos aimed at maximising psychological pressure on civilians.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
A central government official is alleging that his son's death at a university in Bengaluru was a murder and is demanding a CBI investigation, disputing the university's claim of suicide.
