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ED raids on I-PAC offices irk Mamata
January 09, 2026
|Financial Express Pune
CENTRAL AGENCY SAYS IT’S PART OF AN ONGOING PROBE, CM CALLS IT A ‘PLOY’
THE ENFORCEMENT DIRECTORATE on Thursday carried out searches at the office of the political consultancy firm Indian Political Action Committee (I-PAC) and the residence of its Director Pratik Jain in Kolkata, triggering high drama, as West Bengal Chief Minister Mamata Banerjee unexpectedly storming into the sites during raids, alleging that the central agency was trying to seize the TMC’s sensitive data ahead of the high-stakes state elections.
In a strong rebuttal, the ED, which maintained that the searches were part of a money laundering probe into an alleged multi-crore rupee coal pilferage scam, accused Banerjee of obstructing a lawful investigation and claimed that she and the state police forcibly removed “key evidence” during the raids.
هذه القصة من طبعة January 09, 2026 من Financial Express Pune.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Pune
Financial Express Pune
Easing of PN-3 may help about 600 FDI applicants
RELAXING APPROVAL PROCEDURES governing investment from countries sharing land borders with India will help speed up the clearance of proposals from among the 600 applications that were awaiting approvals, officials said on Wednesday.
1 min
March 12, 2026
Financial Express Pune
CIL pithead stock at 121 MT
INDIA'S COAL INVENTORIES have surged to record levels with pithead stock at Coal India (CIL) mines rising from 106.78 million tonne (MT) on April 1, 2025 to 121.39 MT as of March 9, 2026, reflecting robust production and supply growth across the sector, the ministry of coal said on Wednesday.
1 min
March 12, 2026
Financial Express Pune
Healthcare can't afford regulatory overload
A focused regulatory overhaul can simultaneously uphold standards and promote ease of doing business, unleashing the sector’s full potential
3 mins
March 12, 2026
Financial Express Pune
SC: Perturbed by NCERT stand that chapter is 'duly rewritten'
THE SUPREME COURT on Wednesday said it is perturbed by the NCERT's stand that the controversial chapter in class 8 social science book, which contained “offending” contents on corruption in the judiciary, has been “duly rewritten”.
1 min
March 12, 2026
Financial Express Pune
Musk unveils joint Tesla-xAI project, eyes software disruption
Elon Musk on Wednesday unveiled a joint project between Tesla and his artificial intelligence startup xAI, which he called “Macrohard” or “Digital Optimus” and said that it was a system capable of emulating the functions of software companies.
1 min
March 12, 2026
Financial Express Pune
Mis-selling, valuation key threats for AIFs: Pandey
WHILE ALTERNATIVE INVESTMENT fund (AIF) investments have seen massive growth over half a decade, the industry still faces three major challenges such as mis-selling, opaque valuation, and capital availability for sunrise sectors, the Indian markets regulator said.
1 mins
March 12, 2026
Financial Express Pune
Investors lose ’5.14L cr as markets decline nearly 2%
AFTER A RELIEF rally on Tuesday on hopes that the West Asia crisis may end soon, benchmark indices went deeper into the red again on Wednesday as energy prices continued to rise globally.
2 mins
March 12, 2026
Financial Express Pune
RBI to inject ’50,000 crore via open mkt operation on Mar 13
THE RESERVE BANK of India (RBI) on Wednesday said it will inject ₹50,000 crore into the banking system through Open Market Operation (OMO) purchases of government securities on March 13.
1 min
March 12, 2026
Financial Express Pune
Reinventing for the new era
EY'S INDIA DELIVERY CENTRES PLAY A KEY ROLE IN ADVANCING ITS GLOBAL AI AGENDA
3 mins
March 12, 2026
Financial Express Pune
Cloud kitchens, QSRs better placed amid gas shortage
FAST-FOOD CHAINS AND cloud kitchens are likely to be less affected by the liquefied petroleum gas (LPG) shortage than traditional dine-in restaurants, as their operating models allow greater flexibility in cooking equipment and fuel use.
1 mins
March 12, 2026
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