 "Udhayanidhi Stalin rises as Deputy CM amid a cabinet reshuffle, while V Senthil Balaji returns post-bail from a money laundering case.")
In a significant cabinet reshuffle in Tamil Nadu, Chief Minister M K Stalin’s recommendations have been approved by Governor R N Ravi. Udhayanidhi Stalin, the Chief Minister’s son, has been elevated to the position of Deputy Chief Minister, while V Senthil Balaji returns to the ministry after being granted bail in a money laundering case. ...
 "In a dramatic turn of events, Delhi’s Arvind Kejriwal was arrested for alleged money laundering, igniting fierce protests prior to Lok Sabha polls.")
In March 2024, Arvind Kejriwal, the then Chief Minister of Delhi, was arrested on allegations of money laundering linked to corruption in liquor license awards. This marked a significant political event, as Kejriwal became the first sitting chief minister in India to be taken into custody. The arrest came just ahead of the Lok Sabha ...
West Bengal Chief Minister Mamata Banerjee is critical of the Central government and the Damodar Valley Corporation regarding the recent floods affecting her state. During an administrative meeting in Burdwan, she highlighted the urgent need to support flood-affected residents instead of blaming others, emphasizing that their efforts could have prevented this crisis. She confirmed her ...
 "Adani Group denies involvement in Swiss court proceedings amid allegations of frozen funds linked to money laundering investigations.")
The Adani Group has firmly stated that it is not involved in any Swiss court proceedings, following claims by Hindenburg Research. The U.S.-based firm suggested that Swiss authorities had frozen over $310 million of Adani’s assets related to a money laundering and securities forgery investigation. This assertion was supported by Swiss court records detailing investments ...
A Mumbai court has denied bail to Suraj Chavan, a Shiv Sena (UBT) member, who was arrested on January 17, 2024, for his alleged involvement in a ₹6.37 crore khichdi scam during the Covid-19 pandemic. The scam involved the Brihanmumbai Municipal Corporation (BMC) distributing khichdi to migrant workers. Chavan’s lawyers argued that the reasons for ...
 "Judge postpones Trump’s sentencing in hush money case until after the election, granting a vital reprieve during his presidential campaign.")
A Manhattan judge has postponed Donald Trump’s sentencing in his hush money case until November 26, after the presidential election, granting the former president a significant delay as he campaigns for re-election. Originally scheduled for September 18, the delay was requested by Trump’s lawyers, who argued that sentencing him amid his campaign could be seen ...
 "Interest rate cuts may delay cash movement; Treasury yield inversion persists despite a positive gap, keeping money market assets soaring.")
The gap between two-year and 10-year Treasury yields has turned positive for the first time in about a month, according to analysts at JPMorgan. Despite potential interest rate cuts, investors are unlikely to quickly move away from shorter-dated government bonds, which currently offer attractive yields above 5 percent. The yield curve remains inverted in some ...
AAP MLA Amanatullah Khan has been arrested by the Enforcement Directorate (ED) in connection with a money laundering case linked to alleged irregularities at the Delhi Wakf Board. A Delhi court has placed him in four-day ED custody to facilitate further investigation. Khan, who represents the Okhla assembly constituency, was taken into custody after a ...
According to a Market analyst on TradingView News, the M2 money supply could be the deciding factor for Bitcoin’s next price movement. The analyst suggests that monitoring M2 money supply trends is crucial for predicting the direction of Bitcoin’s value. Stay tuned for more updates on how this key metric could impact the cryptocurrency Market. ...
Today’s Current Affairs: Understanding the Benefits of Senior Citizens FDs Fixed deposits have always been a go-to investment choice for many Indians, especially senior citizens seeking stability and regular income. Senior Citizen FDs, designed specifically for this demographic, offer higher interest rates and other advantages. It’s important to grasp the intricacies of these investments to ...
