A portion of a nine-storey building in Mumbai's tony Bandra area, valued Rs16.38 crore, has been attached by the Enforcement Directorate in connection with its money-laundering probe against the Congress-party promoted Associated Journals Limited (AJL). The federal probe agency said it has issued a provisional order, under the Prevention of Money Laundering Act, to freeze "part" of the asset and has issued notices to AJL and its CMD and veteran Congress leader Moti Lal Vora. The AJL is controlled by senior Congress leaders, including members of the Gandhi family. The group runs the National Herald newspaper. The nine-floor building has two basements and a total built-up area of 15,000 sq metres, it said, adding its total value is Rs120 crore. The building is located at plot no 2, survey no 341, near Kala Nagar, EPF office, Bandra (East). The agency alleged that the accused in this case, that includes former Haryana chief minister and Congress leader Bhupinder Singh Hooda and Vora, ...

The upcoming Rs 1 lakh crore Delhi-Mumbai Expressway project offers huge investment opportunities for investors, Union Minister Nitin Gadkari on Saturday said urging players to invest in proposed townships, smart villages and wayside amenities. The minister also exhorted industry players to look into the possibilities of setting up clusters of leather, plastic, chemical and other products along the greenfield highway that is expected to cut down the travel time between Delhi and Mumbai to just 12 hours. "The new alignment of the highway passes through most backward and tribal areas of Haryana, Rajasthan, Gujarat and Madhya Pradesh...There are no industries there. It is time to decongest already developed areas. It offers industry players huge investment opportunities like setting up leather, plastic, chemical, etc clusters," the road transport and highways minister said. These clusters will help in all-round development of the backward areas of these states, the senior minister said ..

In a bid to tackle the spread of coronavirus in a more effective manner, the Brihanmumbai Municipal Corporation has put additional commissioners in charge of seven zones in the city. As per the order, seven additional commissioners will work towards improving the double rate of positive cases from 10 days to 20 days by May 17. These officials will be responsible for mapping positive cases, contact tracing, strict enforcement of norms in containment zones,door-to-door surveillance,identifying senior citizens with comorbid conditions and fever clinics, the circular dated May 7 said. They will also have to facilitate operations at private nursing homes, clinics, hospitals, ensure testing of symptomatic persons and creation of COVID care centres (CCC). Additional commissioners will have to personally visit their zones every day from morning till 2 pm, attend office post 3 pm and brief the municipal commissioner at 6 pm, the order stated. Of 19,063 COVID-19 cases in ...

ReNew Solar Power has bagged 400 MW renewable energy projects at a tariff of Rs 2.90 per unit in an auction, according to an MNRE statement. The Solar Energy Corporation of India (SECI), a central public sector undertaking, conducted e-reverse auction for the 400 MW renewable energy projects with round-the-clock supply. "India's renewable energy (RE) sector has witnessed history today, as the e-reverse auction (e-RA)for 400 MW RE projects with round-the-clock supply was concluded at an astounding first year tariff of Rs 2.90/kilowatt hour (kWh)," the Ministry of New and Renewable Energy (MNRE) said. The capacity of 400 MW has been awarded to ReNew Solar Power Pvt Ltd after a closely fought auction which saw the lowest tariff drop by 69 paise over the course of almost 3 hours, it said. "Golden chapter added in Indian Renewable Energy story, as e-RA for 400 MW RE Projects with Round the Clock (RTC) supply conducted by SECI Ltd results in historic 1st year tariff of Rs 2.90/kWh. MNRE ...

The West Bengal government is arranging special trains to bring back over 30,000 residents of the state stranded in Tamil Nadu, Telangana, Karnataka and Punjab due to the ongoing lockdown, a senior official said on Saturday. The stranded people are mostly migrant workers, patients and their attendants, students, pilgrims and tourists from West Bengal, he said. "Talks are on with officials of other state governments in this regard. Everything has been finalised.... Our nodal officers are monitoring developments," the official told PTI. A total of 31,224 people are stranded in the four states, of whom more than half (17,000) are in Telangana, he said. Three trains carrying around 7,500 people from West Bengal will start their journeys from Bengaluru in Karnataka on Saturday and reach their destinations -- Bankura, Purulia and New Jalpaiguri stations -- in the state on Sunday and Monday, the official said. Two trains with around 2,418 people, mostly patients, will depart Vellore in Tamil

The "government" was responsible for the death of 16 migrant labourers who were mown down by a goods train in Maharashtra's Aurangabad district, Shiv Sena mouthpiece 'Saamana' said in its editorial on Saturday. The newspaper, however, did not make it clear whether it blamed the BJP-led Centre or the Sena-led Maharashtra government for the tragedy. "The government did not think of allowing them to go back to their native place, nor did it make arrangements for their food," the editorial said, adding that the authorities should have taken into consideration the problems of the poor before enforcing lockdown on account of coronavirus. The sight of 'rotis' strewn on the railway track where the migrants -- who had fallen asleep due to exhaustion while on their way to Madhya Pradesh -- were crushed to death showed a heart-wrenching and harsh reality, Samanaa said. "The labourers were in fine health and had no symptoms of coronavirus and still they died. The responsibility of ...

ICICI Bank on Saturday reported a 26 per cent rise in standalone net profit at Rs 1,221 crore for the March quarter. The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19. Total income during the quarter under review increased to Rs23,443.66 crore, from Rs20,913.82 crore in the same period of the preceding fiscal, ICICI Bank said in a regulatory filing. On the assets front, gross non-performing assets (NPAs) stood at5.53 per cent of gross advances as on March 31, 2020, compared to 6.70 per cent last year. Net NPAs or bad loans were trimmed to 1.41 per cent as against 2.06 per cent.

Confined to their homes without access to courts due to the lockdown, India's young shuttlers are an "irritated" and "frustrated" lot, says chief junior national coach Sanjay Mishra, who feels more like a counsellor these days. The national lockdown to combat the COVID-19 pandemic, which has so far killed nearly 2000 people and infected more than 59,000 in India, is in place till May 17. "It has been nearly two months, the young players have been staying at home and now they are getting irritated and frustrated by the sheer mention of the word lockdown," Mishra, who took up the position in 2017, told PTI during an interaction. "I keep telling them it is happening to the whole world not to you in particular and ask them to focus on boosting their mental toughness." Mishra says he tells his wards to try and control the negative thoughts which would also help them deal with tough match situations. "I tell them to remember the times when they got frustrated or irritated and lost crucial ..

The Delhi High Court on Saturday extended the interim bail of 2,177 under-trial prisoners by 45 days to de-congest jails in the wake of the coronavirus pandemic. A bench of Justices Siddharth Mridul and Talwant Singh passed the order in view of a high-power committee's recommendation that it would be dangerous to put the prisoners back in jail as the risk still remains high. The committee, headed by Justice Hima Kohli, on May 5 opined that since there was a paucity of space in jail premises to create sufficient number of isolation wards for the prisoners returning after expiry of their interim bail, the relief should be extended by another 45 days. During the hearing, Delhi government standing counsel Rahul Mehra and advocate Chaitanya Gosain, appearing for the prison authorities, said they have no objection to the extension of bail. "Accordingly, it is ordered that the interim bails for a period of 45 days granted to 2,177 UTPs, in view of the recommendations of HPC...are hereby ...

Mumbai police commissioner Param Bir Singh on Saturday informed that India cricket skipper Virat Kohli and his wife actor Anushka Sharma have contributed Rs 5 lakh each for police welfare amid the novel coronavirus outbreak. "Thank you, @imVkohli and @AnushkaSharma for contributing Rs. 5 lacs each towards the welfare of Mumbai Police personnel. Your contribution will safeguard those at the frontline in the fight against Coronavirus. #MumbaiPoliceFoundation," Singh tweeted from his official handle. Earlier, Kohli and Sharma had given undisclosed amounts to the PM CARES fund and Maharashtra Chief Minister's Relief Fund to support the fight against COVID-19. Maharashtra has the highest number of coronavirus positive cases in the country.

Five special trains will start journey from three states on Saturday to bring back 5,000 stranded Odia people, a day after the Supreme Court allowed the return of migrants to Odisha, officials said here. The Supreme Court on Friday stayed an interim order of the Orissa High Court which had asked the state government to ensure that only those tested negative for COVID-19 were allowed to return to Odisha. Three trains will come from Gujarat and one each from Maharashtra and Tamil Nadu, the officials said, adding that about 5,000 people will return to Odisha by these five trains. A senior East Coast Railways official said one of the five trains has already left from Surat for Odisha's Ganjam district. Two trains will leave from Ahmedabad in Gujarat for Khurda Road in Odisha, one train from Panvel station in Mumbai will start the journey to Odisha's Titlagarh in Bolangir district and another will leave from Chennai for Jagannathpur in Ganjam district, the official said. Meanwhile, Odisha .

ICICI Bank on Saturday reported a 6.91 per cent growth in March quarter net at Rs 1,251 crore on a consolidated basis, after setting aside over Rs 2,000 crore in provisions for potential impact of the COVID-19 pandemic. On a standalone basis, the second largest private sector bank's profit grew 26 per cent to Rs 1,221 crore as against Rs 969 crore in the year-ago period. For fiscal year 2019-20, it reported a 135 per cent jump in standalone profit to Rs 7,930.81 crore. From an asset quality perspective, the bank reported an improvement in gross non-performing assets (NPAs) ratio to 5.53 per cent as against 6.70 per cent in the year-ago period and 5.95 per cent as of December 2019, despite over Rs 5,300 crore in fresh slippages during the reporting quarter. ICICI Bank President Sandeep Batra said it had slippages of Rs 4,300 crore in the preceding December quarter, and the additions on this front can be attributed to two accounts -- a West Asian healthcare company and a Singaporean oil

The South Korean company behind the hit video "Baby Shark" is hoping to expand its empire with films and merchandise while pursuing the next viral sensation. Its strategy aims to beat competitors in an increasingly crowded space for children’s attention. Image: Pinkfong

Country's largest commercial banking entity State Bank of India (SBI) is now developing a low-cost model to compete with payments banks. "We are working out on a low-cost structure to compete with the payments banks for getting access to people ...

Ratings agency Crisil today said the upcoming payment banks (PBs) will largely focus on the underbanked areas like the East, Northeast and Central regions, and the existing lenders should not worry about them. "We do not expect them to ...

Such banks can collect deposits (initially up to Rs 1 lakh per individual), do internet banking, facilitate money transfers, and sell insurance and mutual funds

It is all on the line for the two finalists in the DJ FX Frenzy championship: the pride and glory of being named the first global winner of this bracket-style foreign-exchange competition.

So gold notched its biggest one-day drop in 30 years. What’s next? Despite the heavy losses, broken technical levels and waves of margin calls, the options market for the yellow metal is beaming with optimism.

By James Herron Here’s your morning jolt of news, insight and analysis on the global energy business. Send us tips, suggestions and complaints: ben.winkley@wsj.com and james.herron@wsj.com Click here to receive this morning email newsletter SOLAR WARS The usually tranquil world of European renewable energy just got exciting, as a plucky band of rebels led by […]

Two weeks after buying its first corporate bond, the Bank of England has already spent over 10% of the funds allocated to its 18 month asset-buying program.

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal

Clif Bar & Co. is among only 5% of U.S. employers that offer a child care center on-site or near its offices. Kate Torgersen, an 18-year employee, explains how bringing her three children to the company's "Base Camp" child care center has benefited her as a working mother. Photo: Tim Hussin for The Wall Street Journal

Research shows that getting ahead requires constructive criticism. But many women don’t get those frank assessments.

Carnival's Grand Princess cruise ship docked in Oakland, Calif., on Monday. The ship had spent days off shore after several passengers and crew tested positive for the novel coronavirus. Photo: Noah Berger/Associated Press

So much in India seems out of control because local governments are not functioning well. A SYSTEM for citizen involvement needs to be in place, says Ramesh Ramanathan.

The poor have filled up marshland, resurfaced uneven land, all with their own labour, and built their homes. "People should get the right to shelter," says Kadvi Wagri, another one of the growing stream of homeless. These voices should not be silenced, says Kalpana Sharma.

Every developed country built the infrastructure of its cities only during the last 100 years, often in response to crises of plagues or fires. If we learn their lessons, then we could build our infrastructure with the participation of the people, says Ramesh Ramanathan.

Pushed to wall by a Supreme Court monitoring committee, Kerala's industries as well the state's pollution watchdog are finally seeking ways to reverse a reckless approach to hazardous waste management. There is no time to waste, reports C Surendranath.

Governments in India have been using key provisions in environmental regulations to create and protect 'Ecologically Sensitive Areas'. Recently, the Supreme Court also pressed a state government on an ESA commitment. Kanchi Kohli reports on the practice and challenges.

The formal count of the number of tigers in India's 28 tiger reserves is expected to be announced on 31 December 2007. The report could help formulate policies of land use as well as accentuate the debate on rehabilitation of forest dwellers in favour of wildlife conservation, writes Malini Shankar.

From its promising beginning and grand proclamations at international fora, the nation's Biodiversity Plan has undergone a massive erosion, as MoEF has consistently put economic values above environmental ones. Kanchi Kohli reports.

Impact assessment studies to understand the consequences of large dam projects have been de-linked from the actual implementation of the projects, thus diluting their value, writes Shripad Dharmadhikary.

Eco-pioneer Mohammed Dilawar’s nest boxes, specially designed to bring back sparrows and other birds into urban areas, are a hit among bird-lovers in many Indian metros and of course, the target group – the birds – themselves, writes Savita Hiremath.

What happens if you decide to expand your industrial project without getting fresh environment clearances? In Jindal Steel's case, it appears, you get to go on scot free. Kanchi Kohli reports.

As the Mundra project of the Adani group moves ahead relentlessly in Gujarat, a new front opens up in the company's troubles with environmental regulations, in faraway Australia. Kanchi Kohli reports.

While there is certainly a difference in the methods by which waste is disposed of in the global North and South, there are new European technologies in this field which deserve to be looked at, albeit at some future date. Darryl D'Monte reports from a recent event in Naples.

Around the country tribal communities are fighting against the mining companies, whose operations have threaten their livelihoods and ecosystem. The Kashipur movement to protect Baphlimali in Odisha is a classic example. Unfortunately, this too, like many other protests, saw merciless suppression and gross violation of human rights, reports Abhijit Mohanty.

With the arrival of a new Chairman of Mumbai Port Trust, the redevelopment of port land in Mumbai is  being discussed again and like the earlier discussions this one too ignores the real needs of the city and its citizens. Darryl D’Monte elaborates.

July 26, 2017 marked the 12th anniversary of Mumbai’s mega flood in 2005. Darryl D’Monte looks into the causes and effects of the deluge.

In this edition we look at a powerful documentary on the Muzaffarnagar communal riots that shook the nation in September 2013, the plight of Pakistani Hindus refugees in Delhi, the intent behind settling the forest rights claims of tribals, the crime, atrocities and discrimination against Dalits which is on  rise, the sad state of our nation's health care system, the message of Pope Francis’s latest Encyclical, and much more.

In this edition we look at the recently concluded India-Africa Forum Summit, how the original habitants and workers of Mumbai Port are being ignored in the port redevelopment plans, how the RTE Act faring in the State of Tamil Nadu, the rights of the Indian domestic workers, the business of illegal sand mining, how a village is showing the way to sustainable living and much more.

In this edition we remember the hunger strike launched by Irom Sharmila fifteen years ago and which is still going strong. We also have a national award winner explaining why she will not give back her awards like the other awardees, and much more.

Indian policymakers must take heed and ensure that the DNA profiling system in India has well-guarded limits so that it protects human rights, writes Sujatha Byravan.

The central paradox of Indian communism is that its practice is vastly superior to its theory. Communist leaders and activists are probably more intelligent than their counterparts in other parties. This is why it is such a great pity that their often honourable practice is crippled with an archaic and outmoded theory, says Ramachandra Guha.

"The Constitution is yours. The borders are yours. The sovereignty is yours. The flag is yours. What is ours? What is that is both tribal and Indian in the Constitution?" Shiv Visvanathan recalls an Independence-era conversation that marks the passage of the adivasis, unheard and unheeded, between two worlds.

Moner Manush is contemporary and topical as it talks of peace, harmony and religious tolerance at a time when India is ridden by fundamentalism and intolerance in different pockets. Shoma Chatterji reviews the film.

Mohun Bagan's famous victory over East Yorkshire Regiment was a historic moment in British India, blending revolution and sport on the field of play. Shoma Chatterji reviews Arun Roy's film about this great game.

Amongst the various models for sustainable livelihoods being tried and tested in the tribal areas of India, the Wadi model has shown a lot of promise. Abhijeet Mohanty, Kieran Robson and Rosie Clarkson find out why and how the Wadi model is doing in the tribal areas of Koraput district of Odisha.

Studies from China and the US show the limitations of Bt-based resistance. The bollworm evolves to resist the toxin eventually, and a number of secondary pests remain unaffected. Suman Sahai argues that this is not really a workable strategy except in the first few years.

S G Vombatkere writes his concluding opinion on the series on the proposed gigantic network of interlinked rivers.