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Rs 36 cr demonetized notes recovered, 9 arrested during NIA’s terror-funding probe in J&K

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demonetisation

[vc_row][vc_column][vc_column_text]Allegedly, the accused were collecting demonetized notes and converting them into new ones – with the help of bank officials.

In a major crackdown against the circulation of black-money, a day before the anniversary of the demonetization policy, the National Investigation Agency (NIA) on late Monday recovered demonetized notes worth Rs 36.34 crore – during its probe against terror-funding in Jammu and Kashmir.

Sources have confirmed that the NIA arrested nine people in connection with the probe. Allegedly the arrested were collecting scrapped notes of the denomination Rs 500 and Rs 1000 and were converting them into new notes with the help of bank officials.

According to the sources, a pan-India network is active across the country and was involved in collecting old notes, seeking to convert them into new ones.  Reportedly, the network also had connections with the separatists and terrorists in the valley.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]The nine arrested during the latest crackdown, includes – Delhi-residents Pradeep Chauhan, Bhagwan Singh and Vinod Shreedhar Shetty, Mumbai-based Deepak Toprani, Ejajul Hassan of Amroha, Jaswinder Singh of Nagpur, and Jammu and Kashmir-residents Umar Mushtaq Dar of Pulwama, Shahnawaz Mir of Srinagar and Majid Yousuf Sofi of Anantnag. Sources claimed that the accused were planning to have a meeting near YMCA on Jai Singh Road of the valley.

NIA spokesperson, Inspector General Alok Mittal said that the NIA team arrested seven of the nine accused while they were carrying 28 cartons of old notes in four vehicles – BMW X3, Hyundai Creta SX, Ford EcoSport and BMW X1. The team arrested three other accused later in the day. An NIA official stated that the total worth of the seized notes is Rs 36,34,78,500.

The NIA raid came a day before the anniversary of the demonetization policy – which was implemented by the Narendra Modi government on November 8 last year. While many including opposition leaders still criticize the anti-graft policy over its hasty implementation – that triggered mass outcry among the common men – the leaders of the Bharatiya Janata Party (BJP) lauded the Prime Minister’s decision, citing several crackdowns on black money – including the latest raid by NIA.

Earlier in September this year, the NIA has conducted raids at 11 locations in Srinagar of Jammu and Kashmir and five places in Delhi – at premises of traders who are allegedly linked with hawala operations and are using money to fund terror and separatist activities. The NIA move came a day after it arrested two people – including a freelance journalist – for their alleged role in stone pelting at the valley and for support against security forces through social networking sites. The accused, identified as Javed Ahmad Bhat and Kamran Yusuf of Kulgam and Pulwama districts of Jammu and Kashmir, were arrested in connection with an ongoing probe into terror funding.

The NIA had earlier made multiple arrests as a part of its investigation in the terror-funding case registered on May 30 – where Jamat-ud-Dawa (JuD) Chief and alleged Mumbai terror attack mastermind, Hafiz Saeed, is also an accused.[/vc_column_text][/vc_column][/vc_row]

India News

Rahul Gandhi says BJP’s cronyism pushed banking sector into crisis, junior employees suffering

He encouraged other affected employees to share their stories through his official website.

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Rahul Gandhi, leader of the opposition in the Lok Sabha, criticized the BJP government on Saturday for what he called “cronyism and regulatory mismanagement,” claiming these policies have pushed India’s banking sector into crisis. He argued that junior employees bear the brunt of this mismanagement, facing “stress and toxic work conditions.”

Gandhi alleged that the government had waived off ₹16 lakh crore in loans for “billionaire friends,” while ordinary bank employees suffered the consequences. “The BJP’s economic policies have a human cost—thousands of honest professionals are paying the price,” he said.

In a post on social media platform X, Gandhi shared a video of his meeting with former ICICI Bank employees who accused the bank of unfair dismissals and workplace harassment. He promised that the Congress party would fight for their rights and work to end “exploitation in the banking sector.”

“Their accounts reveal a disturbing trend—retaliation for exposing bad loans, sudden terminations without proper procedure, and even tragic cases of suicide,” Gandhi said. He encouraged other affected employees to share their stories through his official website.

A delegation of 782 former ICICI Bank employees met Gandhi in Parliament on Friday, sharing claims of being fired while on medical leave or after raising concerns about management practices. According to the Congress, these employees said such practices are common in private banks due to extreme profit pressures.

The employees alleged that whistleblowers faced retaliation and that many were dismissed without following legal procedures. The Congress argued that these issues are not isolated but part of a wider problem in India’s banking industry.

ICICI Bank has not yet commented on the allegations. The Congress, meanwhile, has demanded action, calling for investigations into labor practices in private banks.

“If you have faced similar injustice, share your experience with me,” Gandhi said, directing affected individuals to his official portal. 

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India News

Air Force civil engineer shot dead at home in Prayagraj cantonment, police scan CCTV for suspect

Air Force civil engineer SN Mishra was fatally shot in his Prayagraj home. CCTV footage shows an unknown intruder entering the Air Force residential area.

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Prayagraj shooting

A shocking incident rocked the Indian Air Force Station in Prayagraj on Saturday, as civil engineer SN Mishra, 51, was shot dead at his official residence in the cantonment area. The assailant, whose identity remains unknown, allegedly fired a bullet through the window while Mishra was asleep, police officials confirmed.

The incident occurred in Engineers Colony inside the Air Force Station, under the jurisdiction of Puramufti Police Station. Mishra sustained a gunshot wound to the chest and was rushed to the Army hospital, where he later succumbed to his injuries.

CCTV footage shows security breach

According to Deputy Commissioner of Police (City) Abhishek Bharti, CCTV footage from the Air Force Station captured a person jumping over the boundary wall and entering the premises. Surveillance teams have visited the spot and are reviewing the footage for further leads.

Efforts to identify and arrest the suspect are underway, officials said.

Investigation underway

SHO Manoj Singh stated that the body has been sent for post-mortem, and that a formal FIR will be registered once the family lodges a complaint.

Mishra is survived by his wife, son, and daughter. The incident has triggered concerns about security lapses within the high-security Air Force residential zone, with investigators yet to determine whether the killing was personal or premeditated.

Further legal action will follow once more details emerge from the ongoing investigation.

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Cricket news

Jasprit Bumrah’s IPL 2025 return still uncertain, Mahela Jayawardene shares fresh update, Pandya eyes fresh start in Ahmedabad

Jasprit Bumrah’s return to IPL 2025 remains undecided as he recovers from injury. Hardik Pandya returns amid hopes fans have moved on from last season’s backlash.

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Jasprit Bumrah, Bumrah injury update, Mahela Jayawardene, Hardik Pandya,

Mumbai Indians head coach Mahela Jayawardene has offered a cautious but optimistic update on Jasprit Bumrah’s recovery, indicating the star pacer could rejoin the squad during the upcoming IPL 2025 season, although his exact return date remains undecided.

Bumrah is currently undergoing rehabilitation at the BCCI’s Centre of Excellence in Bengaluru after suffering a lower back injury during the final Test against Australia in Sydney. The injury ruled him out of the Champions Trophy and has kept him away from competitive cricket since.

Jayawardene stated that while “everything seems okay”, there’s still no confirmation from the National Cricket Academy (NCA) regarding a green signal for Bumrah’s return to active play. “He is progressing well,” said the MI coach, adding that the franchise hopes to have him back sometime in April.

Mumbai Indians manage without Bumrah… for now

In Bumrah’s absence, Trent Boult and Deepak Chahar have taken up pace responsibilities. Satyanarayana Raju was also handed his debut in MI’s opener against Chennai Super Kings, stepping in for Hardik Pandya, who was suspended for one match due to a slow over-rate offence from last season.

Will MI fans welcome Hardik Pandya back?

The 2025 IPL season also marks Hardik Pandya’s return to Ahmedabad, where he was first booed after his controversial switch from Gujarat Titans to Mumbai Indians and being named captain in place of Rohit Sharma. Pandya faced crowd hostility across venues last season as MI finished at the bottom of the table.

Jayawardene, however, believes the bitterness has faded. “It was just passionate fandom. Everyone’s moved on,” he said. With Pandya playing key roles in India’s T20 World Cup and Champions Trophy victories, the coach expects a warmer reception this time.

As Mumbai Indians prepare to face Gujarat Titans at the Narendra Modi Stadium, Jayawardene hopes the focus shifts from past drama to MI’s current campaign — especially as the team looks to overcome slow starts against high-performing sides like GT, who recently came close to pulling off the second-highest chase in IPL history against Punjab Kings.

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