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In a major crackdown on the alleged Jal Jeevan Mission scam in Rajasthan, the Anti-Corruption Bureau (ACB) has arrested former IAS officer Subodh Agarwal. He was taken into custody from New Delhi around 11:30 am on Thursday. Agarwal, who has been absconding for a long time, will now be brought to Jaipur where he will be interrogated in detail.
The investigation revealed that private companies obtained tenders under the Jal Jeevan Mission by using fake completion certificates and documents issued in the name of IRCON (Indian Railway Construction International Limited). When these certificates were verified, IRCON's Bengaluru office declared them fraudulent. It is alleged that tenders worth approximately ₹960 crore were obtained through this method.
The global economy is facing increasing pressure amid escalating conflicts in the Middle East and ongoing crises like the Ukrainian war. Ajay Banga warned that if these conflicts continue for a long time, they could severely impact global growth, inflation, and weaken economies. He made this statement during his address at the Atlantic Council.
According to Ajay Banga, global GDP growth, previously estimated at between 2.8 and 3 percent, could fall by one percent in extreme circumstances. Inflation could also rise by up to two percent, placing additional burdens on ordinary people.
He stated that emerging markets, already grappling with debt and financial pressures, will be more impacted, although developed countries will also be affected.
Gold and silver prices fell on the Multi Commodity Exchange (MCX) on Friday (April 10) morning. June gold futures fell 0.60% to ₹1,52,561 per 10 grams. Meanwhile, May silver futures fell 0.70% to ₹2,42,067 per kilogram.
According to experts, the main reasons for the decline in gold and silver prices are profit-booking by investors and the strengthening of the US dollar. The dollar index rose 0.10% to 98.93, making gold more expensive in the international market and impacting demand.
The country's oil companies have released new petrol and diesel prices on Friday, April 10. Today, petrol in Delhi remained stable at ₹94.77 and diesel at ₹87.67 per liter.
There is a slight variation in petrol and diesel prices in different cities across the country. In Mumbai, petrol is priced at ₹103.54 and diesel at ₹90.03 per liter. In Kolkata, petrol is priced at ₹105.41 and diesel at ₹92.02, while in Chennai, petrol is selling at ₹101.23 and diesel at ₹92.81 per liter.
Bihar Chief Minister Nitish Kumar will be sworn in as a Rajya Sabha member today on Friday. His entry into the Rajya Sabha is expected to mark a major shift in Bihar politics. He arrived in Delhi on Thursday, where JDU leaders welcomed him at the airport. He said, "I have come here to take the oath."
Nitish Kumar will be sworn in as a member of the Upper House in the chamber of Rajya Sabha Chairman C. P. Radhakrishnan. He is expected to step down as Chief Minister after becoming a Rajya Sabha member, paving the way for the formation of a new government in Bihar.
The situation in the Russia-Ukraine war has once again taken a new turn. Russian President Vladimir Putin has announced a temporary 32-hour ceasefire in Ukraine. This ceasefire will be implemented during Orthodox Easter, raising hopes of a brief respite from the fighting.
According to the Kremlin, this ceasefire will begin at 4 p.m. Saturday and continue until the end of Sunday. Military activities have been halted on all fronts during this period. This move comes after Ukrainian President Volodymyr Zelenskyy appealed for a halt to attacks during Easter, especially on energy infrastructure.
The India Meteorological Department (IMD) has issued an alert regarding varying weather conditions in several parts of the country. While rain and snowfall are expected in some states, warnings have been issued for increased heat and heatwave conditions in many areas. Thunderstorms are also predicted in parts of South India.
The weather in the National Capital Region (NCR) will remain normal for the time being. Light clouds and sunshine are expected to play a key role in the skies for the next week. This will provide some relief from the intense heat during the day, while the mornings and evenings will feel slightly cooler.
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