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1. Congress says Centre in ‘panic mode’ on economy, raises questions over LIC stake in firm under SEBI scanner

Congress says Centre in ‘panic mode’ on economy, raises questions over LIC stake in firm under SEBI scanner The Congress on Thursday (June 4, 2026) alleged that the Narendra Modi-led Union government

Congress says Centre in ‘panic mode’ on economy, raises questions over LIC stake in firm under SEBI scanner

Congress says Centre in ‘panic mode’ on economy, raises questions over LIC stake in firm under SEBI scanner The Congress on Thursday (June 4, 2026) alleged that the Narendra Modi-led Union government was in “panic mode” over the state of the economy, referring to reports that it was considering the removal of the 12.5% tax on long-term capital gains to arrest the withdrawal of foreign portfolio investors (FPIs) from the Indian markets. The party also raised questions over Life Insurance Corporation of India’s (LIC) investment in jewellery and gold refining company Rajesh Exports, which is facing regulatory action by the Securities and Exchange Board of India (SEBI). Congress general secretary (communications) Jairam Ramesh cited media reports claiming that the Centre was considering an ordinance to amend the Income Tax Act and remove the 12.5% long-term capital gains tax (LTCG) on investments made by FPIs in government securities. ‘Under seige’ “The Modi government is clearly in panic mode and is under siege from within its ecosystem on the current economic situation,” Mr. Ramesh said in a post on X, noting that the tax rate had been fixed in the July 2024 Union Budget. Arguing that the country’s economic challenges ran deeper, the Congress communications chief said the “real problem” was the weakness of private corporate investment. “Those who can and must invest in India are either investing abroad or postponing investments at home,” Mr. Ramesh said, adding that corporate profits were at record highs even as private investment as a share of GDP had declined. Structural problems The Congress leader contended that temporary policy measures could not substitute for addressing structural issues such as stagnant real wages, widening income and wealth inequalities, concentration of economic power and what he described as an atmosphere of intimidation created by the misuse of…

2. TCS Nashik case: Chargesheet reveals victim was made to watch videos of Pakistani clerics, Zakir Naik; details here

TCS Nashik case: Chargesheet reveals victim was made to watch videos of Pakistani clerics, Zakir Naik; details here A chargesheet filed in connection with an alleged sexual harassment and forced relig

TCS Nashik case: Chargesheet reveals victim was made to watch videos of Pakistani clerics, Zakir Naik; details here

TCS Nashik case: Chargesheet reveals victim was made to watch videos of Pakistani clerics, Zakir Naik; details here A chargesheet filed in connection with an alleged sexual harassment and forced religious conversion case involving a TCS employee in Nashik has revealed what investigators describe as a systematic effort by the accused to influence and target the victims. One of the complainants told police that she was encouraged to watch videos featuring Pakistani Islamic scholar and preacher Tariq Jamil and Indian preacher Zakir Naik as part of the process. According to her statement, which forms part of the chargesheet submitted before a Nashik court last week, the videos were presented as a way for her to gain a better understanding of Islam. The complainant further alleged that the accused engaged in a sustained campaign of psychological and religious influence while portraying their actions as an attempt to help alleviate her “mental stress”. She told investigators that she was gradually “convinced” to believe that embracing Islam would reduce her mental stress and claimed that, over time, she began accepting “those things”. "Danish had told Tausif and Nida to give me information about Islamic religion. Therefore, Tausif and Nida used to tell me about Islamic religion from time to time. Tausif told me to search for videos of Zakir Naik and Dr Israr Ahmed (Pakistani Islamic scholar) on my mobile on YouTube and listen to them, and I watched them as per his instructions," the victim revealed, according to PTI.

3. From lakhs to crores: How a family received 17 times compensation for Bharatmala project

From lakhs to crores: How a family received 17 times compensation for Bharatmala project The Directorate of Enforcement (ED) has arrested a resident of Chhattisgarh’s Raipur district who, along with h

From lakhs to crores: How a family received 17 times compensation for Bharatmala project

From lakhs to crores: How a family received 17 times compensation for Bharatmala project The Directorate of Enforcement (ED) has arrested a resident of Chhattisgarh’s Raipur district who, along with his family members, had fraudulently received about ₹9.27 crore for land acquired under the Bharatmala project, the agency said on Thursday (June 4, 2026). The ED is probing the money laundering angle in the case. It alleged that Jai Prakash Gandhi, a resident of Abhanpur near Raipur, and his family members, received compensation of ₹9.83 crore, almost 17 times more than the legitimately payable amount of ₹56.76 lakh, thereby generating proceeds of crime to the tune of ₹9.27 crore. Gandhi was produced before a Special Court (PMLA) in Raipur which has granted the custody of the accused to the ED for three days, according to an official in the ED Raipur zonal office. Fraudulent fragmentation The official said that the investigation revealed that Mr. Gandhi, in connivance with his family members and certain public servants, had acquired land falling within the notified highway alignment for the Raipur–Visakhapatnam Economic Corridor project under Bharatmala Pariyojana. Subsequently, the accused fragmented the land into parcels measuring less than 500 square metres. “The fragmentation was allegedly carried out with the sole intention of claiming enhanced compensation from the National Highways Authority of India (NHAI),” the official added. The investigation had further revealed that the proceeds of the crime were subsequently layered and integrated through investments in shares, mutual funds, and other financial instruments, the official said. “Earlier, ED had conducted search operations in the case on April 28 at various premises in Raipur, Abhanpur and Dhamtari districts, during which incriminating documents, digital devices and other evidences relating to…

4. Congress claims BJP used AI to beautify Patna in viral video, targets PM: 'If Modi is there, then there's fraud'

Congress claims BJP used AI to beautify Patna in viral video, targets PM: 'If Modi is there, then there's fraud' The Congress on Thursday launched a sharp attack on Prime Minister Narendra Modi and th

Congress claims BJP used AI to beautify Patna in viral video, targets PM: 'If Modi is there, then there's fraud'

Congress claims BJP used AI to beautify Patna in viral video, targets PM: 'If Modi is there, then there's fraud' The Congress on Thursday launched a sharp attack on Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP), alleging that a video showcasing Bihar's capital Patna had been created using artificial intelligence and shared on social media as a depiction of development in the city. The opposition party claimed the video, which featured highly developed roads and infrastructure, was later deleted after users allegedly pointed out that the visuals were not authentic. The allegations triggered a fresh political confrontation online, with the Trinamool Congress (TMC) also joining in and taking a swipe at the BJP over the clip. Sharing screenshots of the now-deleted post on X, the Congress accused the BJP of using artificial intelligence to create misleading visuals. The party alleged that the video had been posted under the guidance of Prime Minister Narendra Modi and was removed after social media users identified it as AI-generated content. In a post on X, the official Congress handle said: "Under Narendra Modi's guidance, the BJP posted an AI-generated fake video. People caught onto their trickery, and now the video has been deleted." The party went on to criticise the prime minister, adding: “The hollow image of the deceitful Modi rests on such lies, but now their fakery won't fly.” The Congress did not stop there. In a separate post, it shared two videos side by side.

5. A.P. Cabinet approves proposal to invite bids for ‘Amaravati Eye’ project

Cabinet approves proposal to invite bids for ‘Amaravati Eye’ project In a major boost to tourism and infrastructure development in the capital region, the Andhra Pradesh Cabinet on Thursday approved t

A.P. Cabinet approves proposal to invite bids for ‘Amaravati Eye’ project

Cabinet approves proposal to invite bids for ‘Amaravati Eye’ project In a major boost to tourism and infrastructure development in the capital region, the Andhra Pradesh Cabinet on Thursday approved the proposal to invite competitive bids for the development of the proposed ‘Amaravati Eye’, a giant observation wheel on the banks of the Krishna River, envisioned as a landmark attraction similar to the famed London Eye. Briefing the media after the Cabinet meeting chaired by Chief Minister N. Chandrababu Naidu, Information and Public Relations Minister Kolusu Parthasarathy said the project would be developed on six acres of the APCRDA land under the Design, Build, Finance, Operate and Transfer (DBFOT) model, with a concession period of 30 years. The project is expected to become a major tourist attraction, providing panoramic views of Amaravati and the Krishna riverfront. The Cabinet also approved administrative sanction of ₹547 crore for external development works associated with the Andhra Pradesh High Court complex in Amaravati. The works include rooftop architectural features, parking facilities, security pavilions, water bodies, internal roads, substations, judges’ drop-off areas and other supporting infrastructure. Permission was granted to initiate the tender process under the Design Build Lump Sum Contract system. In another key decision, the Cabinet approved the issuance of a letter of acceptance to the lowest bidder for additional works in the All India Services residential complex at Rayapudi.

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