Investigations Financial News

NEET-UG 2024 has been handed over to the Central Bureau of Investigation (CBI) for comprehensive investigation, said Education Ministry officials on Saturday. This comes after National Testing Agency (NTA) Director General Subodh Singh was shunted out today, amid a massive controversy that has erupted over exams NEET and NET. An official said he has been put on «compulsory wait» in the Department of Personnel and Training (DoPT) till further orders. India Trade Promotion Organisation (ITPO) Chairman and Managing Director Pradeep Singh Kharola has been assigned additional charge of the testing agency till appointment of a regular incumbent.

NTA Director General Subodh Kumar Singh was removed from his position on Saturday and placed on «compulsory wait» in the Department of Personnel and Training (DoPT). India Trade Promotion Organisation Chairman and MD Pradeep Singh Kharola has been assigned the additional charge of NTA DG. This move comes amidst a growing controversy over alleged irregularities in the conduct of exams.

Karnataka police have decided to ask the Income Tax department to join the investigation into Renukaswamy murder case in view of huge money involved in execution of the crime. Kannada actor Darshan, his friend Pavithra Gowda, and 15 others have been arrested for abducting and brutally torturing Renukaswamy of Chitradurga to death on June 8. According to police, Darshan and his gang have so far spent Rs 78 lakh to cover up the crime and destroy material evidences. «There is lot of money involved and we don't know how much money they would have raised through unfair means to get rid of this case. Hence, we have decided to include the I-T department in the case,» a police officer said. So far cash to the tune of Rs 70.4 lakh has been seized from the actor, while Rs 7.6 lakh is yet to be recovered. During the investigation, police found Darshan's involvement and subsequently the entire case came out in open.

Supreme Court seeking directions to the CBI and the ED to investigate alleged irregularities in the medical entrance exam NEET-UG held on May 5. The petition, filed by 10 students who had appeared for the exam, has also sought a direction to Bihar Police to expedite the investigation in the case and file a report before the apex court. «The petitioners are fully aware of the ramifications of the cancellation of the examination but there is absolutely no other alternative. »The NEET UG Examination of 2024 had many other irregularities, in particular, the gross negligence on the part of the authorities to make the question papers available to the candidates on time. In some places, the wrong set of question papers was distributed and later recalled," the plea said.

Kallakurichi Hooch Tragedy: The police have arrested Chinnadurai, a key suspect in the toxic liquor tragedy in Tamil Nadu's Kallakurichi, reports say. He is believed to have supplied the deadly liquor to Karunapuram, the village where over 55 residents have died due to its consumption.

Salman Khan have been expressing concern since the shooting incident outside his Bandra residence on April 14, 2024. The police allege that the shooters, believed to be associated with Lawrence Bishnoi's gang, conspired to assassinate the 58-year-old actor. Several individuals involved in the shooting were apprehended and brought to Mumbai. Now, forensic analysis confirms that the audio recovered from the suspects' phones corresponds to Anmol Bishnoi, the brother of gangster Lawrence Bishnoi.

exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters. Opposition parties and several civil society groups have been asking for thorough investigations, including by capital markets regulator SEBI and a Joint Parliamentary Committee (JPC), after the stock markets witnessed a massive rally when exit polls gave a huge majority to the BJP but fell sharply after the actual results showed the ruling party falling short of a clear majority on its own. In an interaction with PTI editors at the agency's headquarters here, Gupta said he has been demanding formulation of norms and regulations for pollsters since five years.

The Moneyview Savings Index 2024 reveals current savings and investment patterns in contemporary India. According to the survey, individuals with higher incomes tend to save a larger proportion of their earnings than those with lower incomes.

health ministry reported that 143 people across India had succumbed to heatstroke this summer, based on confirmed data from states as of June 20. However, numbers collected by TOI from state governments indicate 209 confirmed heat-related deaths, in addition to 239 suspected deaths, totaling 448 confirmed and suspected fatalities this season. The health ministry's data shows Uttar Pradesh recorded the highest number of such deaths at 35, followed by Delhi with 21 deaths. Rajasthan and Odisha each reported 17 fatalities due to heatstroke. Ministry sources suggest that the death toll may increase as investigations into some suspected heatstroke-related deaths are ongoing. According to TOI's data, Delhi has recorded 76 heat-related deaths so far, marking the highest confirmed toll in the country. These figures were compiled from various government hospitals in the capital. Uttar Pradesh's Relief Commissioner Office reported 51 confirmed heat-related deaths, with an additional 65 suspected heat-related fatalities, including 51 in Ghaziabad district and 14 in Noida district.

Arif Abubakar Shaikh, also known as Arif Bhaijaan, the brother-in-law of fugitive gangster Chhota Shakeel and an accused in a terror-funding case, passed away on Friday evening at Mumbai's J J Hospital. Shaikh, 61, a businessman, was arrested by the National Investigation Agency (NIA) in connection with a case involving several members of the Dawood gang, including Dawood Ibrahim and Shakeel themselves.

Patna police about «four suspected criminals in an SUV headed to a safe house» on May 5, hours before the NEET-UG exam, led to the unravelling of a nationwide fraud network. This tip plunged the medical entrance test into controversy and created uncertainty for lakhs of aspirants. Following the tip, a team from Patna's Shastri Nagar police station intercepted four suspects. These suspects led them to a meeting place in Ram Krishna Nagar, where around 30 NEET-UG candidates had allegedly gathered to memorize leaked questions and answers. Authorities have since gathered dozens of names of medical aspirants and their «handlers».

U.S. Department of Justice plans to focus an upcoming lawsuit against TikTok on allegations that the popular social media platform violated the privacy rights of children, rather than claims it misled adult users about its data privacy practices, according to a source familiar with the matter. The U.S. Federal Trade Commission investigated the potential violations by TikTok and its parent company ByteDance and referred the case to the Justice Department on Tuesday.

 Jack Otter and the panel discuss the downfall of Southwest Airlines’ popularity and how they could turn it around on ‘Barron’s Roundtable.’

Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved.

European Commission is planning to impose provisional duties on electric vehicles (EVs) produced in China ranging from 17.4% to 38.1%, on top of its standard 10% tariff for car imports. The duties are due to apply by July 4.

granted bail to Chief Minister Arvind Kejriwal on Thursday, citing insufficient evidence and potential bias in the Enforcement Directorate’s (ED) investigation into the alleged money laundering case, in a 25-page order that was released on Friday. Special Judge Niyay Bindu of the Rouse Avenue Court highlighted the lack of clear evidence linking Kejriwal to the crime and questioned the ED’s investigative methods. The court noted the ED’s failure to demonstrate how the alleged proceeds of crime were used in the 2022 Goa assembly elections by the Aam Aadmi Party (AAP). The judge pointed out that only Rs 40 crore of the alleged Rs 100 crore had been traced, with no timeline provided for locating the remaining amount. «ED has failed to clarify as to how much time is required for tracing out the complete money trail,» Judge Bindu remarked, emphasising that Kejriwal's prolonged detention without substantial evidence was unacceptable.

Supreme Court on Friday granted interim bail for two weeks to activist Mahesh Raut, an accused in the Elgar Parishad-Maoist links case, for attending the rituals following the death of his grandmother. A vacation bench of justices Vikram Nath and S V N Bhatti directed that the interim bail will commence from June 26 and Raut shall surrender without fail on July 10. The bench passed the order on his application seeking interim bail to attend the rituals which are likely to be held on June 29-30 and July 5-6. «Considering the facts and circumstances of the case and the period of incarceration already undergone by the respondent and also the nature of request made for the purpose, we are inclined to grant two weeks interim bail to the applicant (Raut) which may commence from June 26, 2024 and end on July 10, 2024,» the bench said.

Mukesh Ambani endorsing a company called 'Rajiv Sharma Trade Group' and promoting its BCF Investment Academy for high returns. Dr. K K H Patil became a victim between May 28 and June 10, transferring Rs 7.1 lakh to 16 different bank accounts. The scam attracted her with the promise of high returns and a seemingly legitimate endorsement by Ambani. When Patil tried to withdraw the Rs 30 lakh shown as her profit on the trading website, she realized she had been duped.

Indian opposition leader and New Delhi chief minister Arvind Kejriwal has been granted bail by a court in the capital after he was arrested in a bribery case in March

UGC-NET and NEET-UG, the two important national-level examinations, have triggered a political row with opposition leaders including Rahul Gandhi launching a scathing attack on Prime Minister Narendra Modi accusing him of being more concerned about Lok Sabha Speaker's election scheduled next week.The Union Education Ministry on June 19 cancelled the University Grants Commission–National Eligibility Test (NET) after concerns were raised about the exam's integrity. The UGC-NET 2024 was conducted on June 18 across 317 cities.Also Read: ‘Millions of dreams…,’ ABVP, other RSS affiliates express unease over NTA role amid NEET, UGC-NET 2024 row: ReportThe cancellation of UGC-NET came amid ongoing controversy over alleged irregularities in the medical entrance exam - NEET.

UK authorities have arrested two people suspected of running an illegal crypto exchange valued at over £1b ($1.3b).