Satyapal Malik passes away
Former Governor and veteran politician Satyapal Malik passed away at 79 on Tuesday at Ram Manohar Lohia Hospital, Delhi, after a prolonged illness. He had been in the ICU for an extended period. Prime Minister Narendra Modi expressed his condolences on X, calling his demise saddening and offering prayers. Malik had served as governor of Jammu & Kashmir, Bihar, Goa, Meghalaya, and Odisha, and was earlier a Lok Sabha and Rajya Sabha member. Though once aligned with the BJP, his outspoken criticism, especially during the farmers' protest, had strained ties with the party. Malik had roots in socialist politics.
ED Grills Anil Ambani
Anil Ambani, Chairman of Reliance Group, appeared before the Enforcement Directorate (ED) on Tuesday in connection with a money laundering probe tied to alleged loan frauds worth over Rs 17,000 crore involving his group companies. His statement is being recorded under the Prevention of Money Laundering Act (PMLA). The ED earlier raided 35 locations tied to 50 companies and 25 individuals, including group executives. A Look Out Circular has been issued against Ambani. The investigation includes suspected illegal loan diversions from Yes Bank and fake guarantees, with gross violations of banking norms under scrutiny. Related arrests have also been made.