Daily Briefing: ED Changing Strategy | Breaking News

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There’s no denying the importance of billionaire Elon Musk making a splash in American politics. However, Musk hasn’t stopped playing the role of supporter. Also interesting is his growing relationship with right-wingers who share more or less the same anti-immigration and populist stance as Donald Trump. Last week, Musk endorsed the “extremist” far-right Alternative for Germany (AfD) party on his social media mouthpiece X. Just weeks ago, Germany was set to hold snap elections as Chancellor Olaf Scholz’s coalition government collapsed. Now, reports suggest that Musk will donate to Reform Britain, the right-wing British party founded by Nigel Farage, with the party’s treasurer promising “political chaos the likes of which we have never seen before.”

So, let’s get into today’s edition.

big story

India’s Enforcement Directorate (ED) has suffered repeated setbacks in some high-profile money laundering cases. What’s the reason? The Supreme Court ruled last year that regulators cannot rely solely on “criminal conspiracy” as a “predicate crime” to base a case. The offense should also fall within the ambit of the Prevention of Money Laundering Act (PMLA) schedule.

For context: “Predicate offense” refers to the nature of the offense mentioned in the primary First Information Report (FIR) registered by another agency, based on which the ED builds a case.

Some cases that failed due to reliance on criminal conspiracy as a predicate offence include the case against Karnataka deputy chief minister DK Shivakumar and another against a retired IAS officer who served under former Chhattisgarh minister Bhupesh Baghel case. Incidentally, both are senior Congress leaders.

The Education Department has now decided change strategy.

Express delivery only

Something is wrong in the quiet Asagao village of Goa. Among the 45 surrounding houses, villagers found that 25 had been secretly changed hands. However, the sale deed was forged in Portuguese-era calligraphy. In fact, the sellers included dead men and women. Forged deeds also entered official records, leaving government officials under scanner.

From home page

Error 404: The opposition party has not treated well The federal government decided to adjust election rules. The Congress party called it part of a “systemic conspiracy to undermine the institutional integrity of the Election Commission of India”. The rule change limits public access to election documents to documents specified in the clause. This effectively means that any CCTV footage or electronic records of the electoral process will be excluded from public scrutiny.

Next level: India has important relations with Kuwait. Bilateral trade volume will reach US$10.47 billion in 2023-24. In fact, the Indian community is the largest group of expatriates in Kuwait. with Prime Minister Narendra Modi’s visit to China Relations with the Gulf country were elevated to a “strategic partnership,” with cooperation agreements in defense, sports, culture and other fields.

Must read

A-Z of Indian Economy: How will India realize the Viksit Bharat dream by 2047? Is India’s economy growing fast enough? What should the Union Budget focus on this time? Former RBI Governor Raghuram Rajan answers all these questions and more in detail interview With The Indian Express.

disagree: Hyundai is one of eight automakers that failed to meet the second edition of the country’s fuel efficiency standards for 2022-23. Interestingly, Hyundai had sought to delay the implementation of these norms by a fiscal year, according to records obtained Through the Right to Information Act. However, the request was rejected by both ministries.

Apply the brakes: Since its first introduction in the 1960s, the yellow Ambassador taxi has become synonymous with Kolkata. However, the City of Joy is saying goodbye to its icon. Kolkata plans to phase out 80% of its fleet by March. For yellow cab drivers, this is The future is uncertain.

at last…

PR Sreejesh, considered one of the greatest goalkeepers in hockey, has decided to call time on his international career. He is now the head coach of the Indian youth team. in the latest issue of exchange of ideasSreejesh reflects on his journey, how he connected with the goalposts and what lies ahead.

Before you go, please watch today’s program “Three Things” Podcastwhere we discussed the opposition to the Katra Ropeway project in Jammu. We also discussed OpenAI’s latest artificial intelligence models.

until tomorrow,

Sonal Gupta

“Business as Usual” by EP Unny

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