The ED has raided 13 premises linked to the B C Jindal group in Delhi NCR and Hyderabad, alleging that group companies remitted Rs 505 crore abroad through sham overseas investments and inflated share valuations. Documents seized suggest fund transfers to Dubai-based entities controlled by Shyam Sunder Jindal, pointing to possible round-tripping of domestic capital.
Month: September 2025
PM Modi reviews Rs 65,000 crore projects at 49th PRAGATI meet, calls for faster execution
Prime Minister Narendra Modi chaired the 49th PRAGATI meeting, reviewing eight major infrastructure projects worth over Rs 65,000 crore across 15 states and Union Territories. He warned against delays, urging stricter timelines and stronger state-level monitoring to fast-track delivery.
‘I refer to them as youths’: Sonam Wangchuk on terming Ladakh’s protest as ‘Gen Z protest’
Wangchuk openly condemned the actions of youths but reasoned that the protests took a violent turn because of the “venting of frustration” among the youths due to unemployment in the Union Territory.
UPI payments launched in Qatar, Qatar Duty Free first to go live
Indian travellers can now use UPI in Qatar, with Qatar Duty Free outlets becoming the first to accept payments. The launch, through NPCI International and Qatar National Bank, is expected to benefit visitors and boost Qatar’s retail and tourism sectors.
Cabinet okays over Rs 15 crore-scheme to expand PG, UG seats to boost medical education
The seats will be increased “with an enhanced cost ceiling of Rs. 1.50 crore per seat”, according to a Cabinet Communique.
World Food India 2025 to bring 100 nations and 1,700 exhibitors to Delhi to showcase food innovation and investment
World Food India 2025 will be held in New Delhi from 25 to 28 September, bringing together 1,700 exhibitors, 500 international buyers and participants from 100 nations. The event will focus on investment, innovation, and sustainability in the food processing sector.
Big change in insurance soon? Health Exchange to connect policyholders, insurers, hospitals, say sources
Last month, Zee Business reported that the Association of Healthcare Providers India (AHPI) directed all hospitals to suspend cashless hospitalisation services for Bajaj Allianz General Insurance and CARE Health Insurance.
DGFT issues clarification on the duty-free import authorisation of spices
The DFIA scheme allows Indian exporters to import inputs, raw materials, fuel, catalysts, and other necessary items duty-free to manufacture export products.
EAM Jaishankar meets EU Foreign Ministers in New York, holds talks on multilateralism, Ukraine and Gaza
EAM S Jaishankar met EU Foreign Ministers in New York on the sidelines of UNGA. Talks focused on multilateralism, the Ukraine war, Gaza and strengthening India-EU ties.
Big Gain for Farmers: Uttarakhand cabinet approves ‘Aroma Revolution Policy 2026-36’; over 90,000 set to benefit
Under the first phase of the policy, 22,750 hectares of land will be brought under aromatic crops through 91,000 beneficiaries.