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ED raids on I-PAC offices irk Mamata
Financial Express Kolkata
|January 09, 2026
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.
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Financial Express Kolkata
Balance sheets don't fully reflect bank risks: Deputy guv
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Financial Express Kolkata
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1 min
January 13, 2026
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Ola Electric launches Shakti energy storage
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1 min
January 13, 2026
Financial Express Kolkata
Dollar drops most in three weeks
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1 min
January 13, 2026
Financial Express Kolkata
Surge in listings drives IPO fees to a record
INVESTMENT BANKS EARNED a record $417 million underwriting fees for initial public offerings (IPOs) last year, reflecting a surge in stock listings and a gradual shift away from a business culture driven by low prices.
1 mins
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Financial Express Kolkata
Wheat sowing rises 2% to 33.4 million hectare
AREA UNDER COVERAGE for wheat rose 2% to 33.4 million hectares till January 9 of the ongoing rabi (wintersown) season, according to the government data.
1 min
January 13, 2026
Financial Express Kolkata
Capex budget may increase to ₹12.5L cr
AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).
1 mins
January 13, 2026
Financial Express Kolkata
Food inflation negative for 7th straight month
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2 mins
January 13, 2026
Financial Express Kolkata
Gen Z is full of creativity: PM
PRIME MINISTER NARENDRA Modi on Monday said India's Gen Z is full of creativity and with innovative ideas, energy and purpose, the country's youth is at the forefront of nation-building.
1 min
January 13, 2026
Financial Express Kolkata
Retail inflation rises to 1.33% in Dec
THE RBI HAD, in its December monetary policy meeting, cut the inflation target for 2025-26 to 2% from 2.6% forecast earlier and delivered a 25 basis points cut in reporate to 5.25%.
1 min
January 13, 2026
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