The Twitter, FB, YouTube accounts of PFI, the Islamic group banned by the government, and several of its leaders have been withheld in India by the social media platform. Its Facebook page and Instagram profile are no longer available either.
The PFI Twitter takedown comes a day after the Union Home Ministry notified the five-year ban on the organisation and its affiliates over alleged "terror links". The National Investigation Agency, which probes cases of pan-India importance, and the Enforcement Directorate, which tracks illicit money, have alleged that the PFI has links with the Islamic State terror group and held arms training camps.
The rupee plunged 58 paise to close at an all-time low of 81.67 against the US dollar as the strengthening of the American currency overseas and risk-averse sentiment among investors weighed on the local unit.
Moreover, escalation of geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said. At the interbank foreign exchange market, the currency closes at an all-time low of 81.67 against dollar.
The National Investigation Agency was conducting raids in over eight states and at multiple locations linked to the Popular Front of India (PFI) members today. Sources said that more than 50 people have been detained and the arrests will depend on their questioning.
Raids were going on in Aurangabad, Jalana, Parbhani districts of Maharashtra; Simoga, Bidar, Ballari, Hubli, Kalburgi districts of Karnataka; Nagarbera of Assam; Bulandshahr's Kasba Syana, Sarurpur and Lisari Gate area of Meerut in Western Uttar Pradesh; and at several places in Delhi.
NIA sources said that in a few states the local police were conducting raids at their instruction. Hiren Nath, Additional Director General of Police (ADGP) (Special Branch), Assam said that they have detained five PFI members from the Nagarbera area. The DGP said that the raids were going on in many districts of Assam.
As many as 11 persons were held by the NIA in its recent raid. In Western Uttar Pradesh, four persons have been taken into custody. In Maharashtra, the Anti-Terror Squad (ATS) and the local police were conducting raids in Aurangabad, Jalana, and Parbhani districts.
"Raids are on in Simoga, Bidar, Ballari, Hubli, and Kalburgi area of Karnataka. Five have been detained from Simoga, four from Ballari, two from Hubli, and six have been detained from Kolar district. Bidar district president and Kalburgi media coordinator of PFI have been detained," the source said.
In Delhi, raids were on in Nizamuddin, Rohini, Jamia and in Shahin Bagh. Raids were being conducted after the NIA got fresh information during the questioning of the arrested PFI members.
In a stark warning for Wall Street players: Stocks are in free fall and bearish sentiment is far from getting exhausted -- especially with hawkish central bankers rattling recession-obsessed markets like this. The S&P 500 just sank to the lowest since December 2020, bringing this month's losses to nearly 8 per cent, as the pound weakened to records while commodities buckled under the weight of a hulked-up dollar.
US Treasury yields continued to rise, with the 10-year rate climbing as much as 21 basis points to 3.898 percent, its highest level since April 2010.
Monetary policymakers in Europe and the US gave no succor to risk assets that keep notching wretched milestones in the face of a concerted global increase in interest rates.
BSE Benchmark indices fell sharply in early trade, with the Sensex tumbling nearly 1000 points amid weak global market trends and foreign fund outflows.
Falling for the fourth consecutive day running on Monday, the 30-share BSE Sensex tanked 816.72 points to 57,282.20 points in the initial trade. The NSE Nifty fell 254.4 points to 17,072.95 points.
Among the 30-share Sensex pack, Power Grid, Tata Steel, Maruti, Mahindra & Mahindra, NTPC, IndusInd Bank, Axis Bank and Titan were the major laggards in the early trade.
World famous Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a "long and ugly" recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.
"Even in a plain vanilla recession, the S&P 500 can fall by 30 percent," said Roubini, chairman and chief executive officer of Roubini Macro Associates, in an interview with an international news agency. In a real hard landing and worst-case scenario, he expects, it could fall 40 percent.
India Home Minister Amit Shah held a meeting of top officials, including NSA Ajit Doval, and is believed to have discussed the searches at premises linked to the Popular Front of India and action against terror suspects, officials said. Union Home Secretary Ajay Bhalla, and Director General of National Investigation Agency (NIA) Dinkar Gupta were among the top officials who attended the high-level meeting.
Amit Shah is said to have taken stock of the action taken against the terror suspects and activists of the Popular Front of India (PFI) across the country, an official said.
In near-simultaneous raids across the length and breadth of the country, a multi-agency operation spearheaded by the NIA on Thursday led to the arrest of 106 activists of the PFI in 11 states for allegedly supporting terror activities in the country.
The maximum number of arrests were made in Kerala (22) followed by Maharashtra and Karnataka (20 each), Tamil Nadu (10), Assam (9), Uttar Pradesh (8), Andhra Pradesh (5), Madhya Pradesh (4), Puducherry and Delhi (3 each) and Rajasthan (2).
According to the NIA officials, the arrests were made during the raids which have been termed the "largest-ever investigation process to date".
The CBI arrested the founder-chairman of ABG Shipyard Limited, Rishi Kamlesh Agarwal this evening in connection with an alleged bank fraud of more than Rs 22,842 crore. .
The Central Bureau of Investigation (CBI) had booked Agarwal, a former chairman of the company, and others for the alleged offenses of criminal conspiracy, cheating, criminal breach of trust and abuse of official position under the Indian Penal Code (IPC) and the Prevention of Corruption Act,
Congress leader Rahul Gandhi on Tuesday accused the BJP of making the elderly dependent by abolishing the old pension scheme.
He assured that the Congress, if elected to power in Gujarat, will restore the old pension scheme, saying it is the right of government employees who strengthen the nation.
"By abolishing the old pension, the BJP has made the elderly dependent from self reliant. The government employees who strengthen the country have a right: The old pension," he said in a tweet in Hindi.
"We restored the old pension in Rajasthan, Chhattisgarh. Now the Congress government will come in Gujarat and will bring the old pension," Gandhi also said, using the hashtag #CongressDegiOldPension.
Senior Gujarat Congress leader Arjun Modhwadia had said on Monday that his party will implement the old pension scheme in Gujarat just like Congress governments have done in Chhattisgarh and Rajasthan if it is voted to power in the Assembly polls.
Thousands of retired government employees in Gujarat recently held protests demanding the re-introduction of the old pension scheme.
The Gujarat Assembly elections are due in the next few months and the Congress is seeking to wrest power from the BJP in the state.
PMLA special court here on Monday extended the judicial custody of Shiv Sena MP Sanjay Raut by another 14 days and took cognisance of a supplementary charge sheet in which he has been named as an accused in a money laundering case.
The Enforcement Directorate (ED) arrested Rajya Sabha member Raut (60) on August 1 in connection with alleged financial irregularities in the redevelopment of the Patra Chawl (row tenement) in Goregaon area of Mumbai.
The ED had last week filed the supplementary charge sheet, naming Raut as an accused in the case. Raut has moved the special court for Prevention of Money Laundering Act (PMLA) cases for bail.
Special judge M G Deshpande after taking cognisance of the prosecution complaint issued summons to all the accused in the case, including Pravin Raut, an aide of the Sena MP. The court on Monday also extended the judicial custody of Sanjay Raut by another 14 days.
Gautam Adani, the world's 2nd richest person led The Adani group of firms' overall market capitalisation on the BSE at over ? 22 lakh crore makes it the most valued in India, overtaking the Tata-led conglomerate. Based on Monday opening, the market valuation of all BSE listed stocks of Adani Group, totalling nine firms, including the recently acquired Ambuja cement and ACC LTD, stood at over ? 22 lakh crore, surpassing 27 of Tata Group of firms listed with a market capitalisation (market cap) of more than ? 20 lakh crore. Mukesh Ambani's group of nine companies stood third on the list with a market capitalisation of more than ? 17 lakh crore.