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Saturday,21-June-2025

Business

FM Nirmala Sitharaman Lauds ED After ‘Returning’ Assets Worth ₹22,000 Crore From Fraudsters, Including Mehul Choksi & Vijay Mallya

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Union Finance Minister Nirmala Sitharaman stated in a parliamentry debate on Tuesday, December 17, that the Enforcement Directorate (ED) had given victims and legitimate claimants access to assets valued at Rs 22,280 crore.

During the discussion of the first set of Supplementary Demands for Grants in the Lok Sabha, Sitharaman gave an overview of the ED’s initiatives to retrieve ill-gotten wealth and return it to defrauded investors and public sector banks.

Major recoveries by ED (Enforcement Directorate)

In one of the most significant cases, the ED retrieved properties from fugitive businessman Vijay Mallya valued at Rs 14,131.6 crore, which were then turned over to public sector banks.

In the Nirav Modi case, properties valued at Rs 1,052.58 crore were also given back to both public and private banks.

Properties worth Rs 2,565.90 crore that the ED attached in the Mehul Choksi case are now scheduled for auction. In addition, legitimate investors were given back assets from the National Spot Exchange Ltd (NSEL) scam valued at Rs 17.47 crore.

FM emphasised the effectiveness of ‘Black Money Act’

The Finance Minister also emphasized how well the 2015 Black Money Act has worked to reduce unreported foreign assets. Between 2021–2022 and 2024–2025, the number of taxpayers declaring foreign assets increased dramatically from 60,467 to over 2 lakh.

As of June 2024, 163 prosecutions had been started and 697 cases under the Black Money Act had demands totaling Rs 17,520 crore from the government.

Government’s multi agency group

In 582 cases, investigations into international leaks, such as the Panama Papers and Pandora Papers, have uncovered undisclosed income totaling Rs 33,393 crore.

The government has formed a Multi-Agency Group (MAG) for coordinated action against unaccounted foreign assets in order to speed up these efforts. ‘We are after them,’ Sitharaman reaffirmed. We will see to it that funds that are due to banks and investors are reimbursed.

National

IDY 2025: Grand Yoga Day event held at Attari-Wagah border

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New Delhi, June 21: In a powerful demonstration of unity, discipline, and wellness, the Border Security Force (BSF) on Saturday celebrated the 11th International Day of Yoga (IDY) with a grand session held at the iconic Attari-Wagah Border under the global theme, ‘Yoga for One Earth, One Health.’

The event saw participation from over 1,000 individuals, including BSF personnel, Indian Army soldiers, BSF families, local villagers, students, and other dignitaries.

The vibrant and symbolic gathering took place at the Joint Check Post (JCP) Attari, offering a unique backdrop for the celebration of India’s ancient wellness tradition at one of its most visible international boundaries.

Inspector General of BSF Punjab Frontier, Atul Fulzele, said, “On the occasion of the 11th International Day of Yoga, we practiced yoga at the JCP Attari premises. BSF personnel, Indian Army soldiers, BSF families, border villagers, and children participated and around a thousand people took part in the session.”

He emphasised the importance of yoga in promoting not only physical strength but also mental resilience, especially for the armed forces and border communities.

The BSF also organised separate yoga sessions at its headquarters and various border outposts along the International Border, ensuring widespread participation across all ranks.

Personnel practiced the Common Yoga Protocol, followed by breathing and meditation exercises designed to foster mindfulness and reduce stress.

The event was part of a larger nationwide celebration involving over one lakh locations under the ‘Yoga Sangam’ initiative, launched by the Ministry of Ayush.

Across the country, an estimated 2 crore people participated in synchronised yoga sessions led by Prime Minister Narendra Modi from Visakhapatnam, Andhra Pradesh.

The yoga session at Attari was especially significant, serving as a reminder of the peaceful and spiritual strength that yoga represents, even at the country’s borders.

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International

Trump says it’s hard to ask Israel to stop Iran strikes

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New York, June 21: US President Donald Trump said that it will be difficult to request Israel stop its airstrikes in Iran, even as he pursues a diplomatic solution to end the conflict.

Trump made the remarks to reporters in New Jersey, where he attended a fundraiser at his golf course, This information was given quoting local media.

Trump also dismissed European efforts to engage diplomatically with Iran. “They didn’t help… Iran doesn’t want to speak to Europe. They want to speak to us. Europe is not going to be able to help on this one.”

Earlier, US State Department spokesperson Tammy Bruce said she “can’t speculate” on whether the Trump administration will press for a ceasefire between Iran and Israel to allow US-Iran nuclear talks to move forward.

“I’m not going to characterize what’s happening now, or the reaction by the president or the secretary of state to what those negotiations might be,” Bruce said at a news briefing Friday.

Meanwhile, The Israel Defence Force (IDF) has announced that over 35 missile storage and launch facilities in the Tiberias and Kermanshah areas of Iran have been destroyed in attacks conducted by more than 25 Israeli Air Force fighter jets on Friday morning.

“This morning, the Air Force completed a wave of attacks against military targets of the Iranian regime in areas such as Kermanshah and Tiberias in Iran, with precise intelligence guidance from the Intelligence Branch. As part of the wave of attacks, more than 25 fighter jets attacked more than 35 missile storage and launch facilities in the Tiberias and Kermanshah areas of Iran,” the IDF said in a post on X.

The IDF also mentioned that the Israeli Air Force attacked several Iranian missile systems and radar installations in the areas of Isfahan and Tehran, which intended to target its aircraft and disrupt their operations.

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National

Acharya Prashant redefines yoga through Bhagavad Gita in cinema halls broadcast across India

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Goa, June 21: In a historic first, Acharya Prashant, renowned philosopher and bestselling author, addressed the nation on the theme ‘Yoga in the Light of the Bhagavad Gita’, delivering his message live from Goa to over 40 cinema halls across India.

The event, jointly organised by the PrashantAdvait Foundation and PVR-INOX on the International Day of Yoga, marked the first time that the Bhagavad Gita was discussed in cinema theatres — transforming these spaces from venues of entertainment into platforms of spiritual enquiry.

Audiences across cities such as Mumbai, Pune, Gurugram, Patna, Indore, and Bhopal purchased tickets not for a film but to listen to a discourse on yoga grounded in ancient wisdom.

In his address, Acharya Prashant issued a sharp critique of the commodification of yoga in the modern world, stating, “The Yoga of Gita is not about physical flexibility; it is about inner invincibility.”

Challenging popular narratives, he said, “The ancient Yogis were not performing postures for social media likes. They were warriors of the truth. In the Gita, Arjuna was asked to rise, not to stretch. Yoga, in its essence, is your battle against inner inertia.”

Acharya Prashant, the founder of PrashantAdvait Foundation and author of over 160 books, has devoted his life to restoring the original essence of Indian scriptures.

His interdisciplinary teachings blend Vedanta with Buddhist insights, existentialism, and modern psychological enquiry, offering a grounded yet transformative understanding of ancient texts.

He currently leads one of the world’s largest Bhagavad Gita Teaching Programs, engaging over one lakh participants globally. His recent initiative — the world’s largest Gita-based online spiritual examination — attracted seekers from across continents.

Observers have described the reach of his work as a “nuclear chain reaction of awareness.”

During his interaction with journalists before the broadcast, Acharya Prashant criticised the superficial portrayal of yoga in mainstream culture.

“You see yoga being celebrated on glossy stages, practised by celebrities, and marketed with mats and outfits. But do we even know what it means to live in yoga? The Gita says yoga is ‘Samatvam’, meaning equanimity in action. Until we grasp that, we are not doing yoga, it is just acrobatics,” he said.

He further warned, “Yoga is not a lifestyle trend. It is a revolutionary inner commitment. It doesn’t promise comfort. It demands clarity and courage. The Gita doesn’t ask Arjuna to sit and meditate. It stirs him to act wisely in the thick of war.”

The format of a philosophical lecture in a cinema hall struck a powerful chord with audiences. Many attendees expressed that this felt like a revival of India’s ancient spiritual identity, blending accessibility with depth.

The address offered a powerful message — “Yoga is not an escape from the world. It is the preparation to deal with it in awareness and clarity.”

“Real Yoga doesn’t begin with a pose; it begins with a purpose. And the purpose is truth,” concluded Acharya Prashant.

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