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.
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 tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.
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.
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.
'...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.
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.
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.
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.
A man from Beed, Maharashtra, has been arrested for allegedly posing as a government official and defrauding women by promising them benefits under various government schemes. The accused used the money to fund his alcohol addiction.
Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.
Jai Anmol Ambani, son of Anil Ambani, was questioned by the CBI in connection with a 228-crore fraud case involving Union Bank of India. He is expected to be questioned again.
The Uttar Pradesh government has suspended the Chief Development Officer of Etah after a video surfaced on social media allegedly showing him demanding a bribe.
Experts and global leaders have called on the United Nations to declare a dedicated 'World Day for the Elimination of Child Marriage', highlighting that a child marriage still occurs every three seconds globally.
The Uttarakhand High Court has directed state authorities to provide status reports on FIRs related to the 'Mohammad Deepak' incident, where a gym operator confronted Bajrang Dal activists harassing a Muslim shopkeeper.
X has accepted its mistake, and said it will comply with Indian laws, sources said, adding that in future, the platform will not allow obscene imagery.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has announced that all government officials listed in the Officers of Doubtful Integrity (ODI) will be removed from sensitive positions. The decision follows concerns raised in the state assembly regarding officials with questionable integrity holding key posts and receiving extensions.
From 2022 to 2024, X, Facebook, and WhatsApp emerged as the primary platforms associated with the spread of fake news in India.
Foreign brokerages have started to cut their year-end targets for the Nifty 50 index amid the ongoing West Asia conflict.
India's digital economy is projected to constitute nearly 20 per cent of the nation's GDP by 2030, fuelled by a growth rate twice as fast as the overall economy, according to a senior government official.
A Comptroller and Auditor General of India (CAG) report has revealed significant issues within Punjab's jail system, including overcrowding, inadequate infrastructure, and poor medical facilities.
The NCERT has issued a public apology and withdrawn a social science textbook for Class 8 after the Supreme Court objected to a chapter on judicial corruption. The court imposed a ban on further publication of the book.
A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.
Political observers said the announcement assumes significance as the state prepares for the assembly elections, with political parties stepping up outreach to various community groups.
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