National News
India will be fastest growing economy next fiscal: Shah
Union Home Minister Amit Shah said on Friday that India will be the world’s fastest growing economy in 2022-23 financial year, and due to the policy decisions of Prime Minister Narendra Modi during the Covid-19 pandemic, India emerged on top when it came to dealing with the effects of the pandemic.
Speaking at the inaugural session of the 94th annual conference (AGM) of the Federation of Indian Chambers of Commerce & Industry (FICCI) here, he said that institutions like FICCI should make efforts to increase research and development (R&D) capital investment as per policy decisions.
Noting that the development of the poor is essential for the improvement of the economy, the minister said that investment in welfare measures for the poor increases gross domestic product (GDP).
Asserting that Modi has made the common people the focus of policy making, Shah said that India will become number one in the world in the 100th year of its Independence due to the PM’s prudent policy decisions.
He also said that even the critics will have to accept that there has been a lot of change in the past seven years, and the the present government has not been accused of corruption.
Shah said that the government has expanded the scope of the economy.
“Sixty crore people out of the 130 crore population did not have a single bank account in their family. People did not know how different policies benefited them, they did not realise what benefits they received after Independence. PM Modi said that by connecting 60 crore people with the country’s economy, the government not only gave them their rights, but also worked to connect them with the development of the country.”
The minister also said that today the government has been bearing the cost of healthcare of 60 crore people, while every house now has toilets.
“Electricity has been provided to every house and people’s lives have changed,” he said.
Elaborating some important decisions taken in the past two-and-a-half years, the Home Minister informed that Production Linked Incentive (PLI) scheme came in 13 areas under which incentives of about Rs 2 lakh crore were given, there were many reforms in the mining sector, the National Asset Reconstruction Company was established, the National Asset Monetisation Pipeline was announced, and Retrospective Tax was abolished.
Business
India, New Zealand set to sign FTA for improved market access on April 27

New Delhi, April 24: As India and New Zealand prepare to sign a Free Trade Agreement (FTA) on Monday, both sides are expected to benefit from expanded trade ties and improved market access, New Zealand Prime Minister Christopher Luxon has said.
Taking to the social media platform X, Luxon said, “We will sign a Free Trade Agreement with India on Monday.”
In a video message, Luxon said the agreement would improve market access for New Zealand exporters, particularly manufacturers of marine jet systems used in boats and exported to over 70 countries.
He added that the deal would help reduce trade barriers and strengthen commercial engagement between the two countries.
He also noted that certain exporters currently face tariffs while accessing the Indian market, and said the agreement would gradually ease such duties, improving competitiveness and supporting higher trade flows.
Luxon said the FTA would support increased business activity, employment opportunities and economic growth in New Zealand, while also strengthening bilateral trade linkages with India.
He added that the agreement would bring ‘more jobs, higher wages and more opportunities,’ highlighting the broader economic impact of the deal.
Once signed, the FTA is expected to expand trade and investment ties between the two countries and enhance export opportunities on both sides in a large and growing global market environment.
Earlier this month, legal verification of the New Zealand-India FTA was completed, with both countries agreeing to sign the pact on April 27 in the presence of a large contingent of business representatives, New Zealand Trade and Investment Minister Todd McClay said.
In a statement, McClay described the agreement as a “once-in-a-generation opportunity,” saying it would strengthen bilateral trade relations and provide improved access to each other’s markets.
He said that amid global economic and geopolitical uncertainty, strengthening trade partnerships remains important for long-term economic stability.
McClay added that signing the FTA would allow New Zealand to formally initiate parliamentary treaty examination, enabling public scrutiny of the agreement.
Crime
Delhi Police bust illegal LPG racket in Palam-Dwarka; 137 cylinders seized

New Delhi, April 23: In a major breakthrough, the AGS/Crime Branch of Delhi Police, acting on specific and credible intelligence, carried out coordinated raids at multiple locations in the Palam and Dwarka areas, uncovering a large-scale illegal operation involving the unauthorised storage and refilling of LPG cylinders, officials said on Thursday.
The crackdown resulted in the recovery of 137 LPG cylinders along with refilling equipment, exposing serious violations of safety norms and regulatory guidelines. Officials said the operation points to a deliberate misuse of the LPG distribution system.
Keeping in view the prevailing circumstances, and as a preventive step against hoarding and black marketing of LPG cylinders, a dedicated team was constituted to identify and apprehend those involved in such activities.
The team comprised Inspector Krishan Kumar, along with Sub-Inspectors Narender Kumar and Agam Prasad; Assistant Sub-Inspectors Surender, Mintu, and Deepak; Head Constable Shyam Sunder; and Constable Dheeraj. The operation was carried out under the close supervision of ACP Bhagwati Prasad, ACP/AGS, and overall supervision of IPS officer Harsh Indora, DCP/Crime Branch.
Following sustained groundwork, specific and credible secret information was received regarding hoarding and illegal refilling of LPG cylinders in the Dwarka and Palam areas of Delhi.
Acting on the input, a raiding team was formed, and a search operation was conducted at JJ Colony, Sector-7, Dwarka. During the raid, 77 LPG cylinders were found stored at the premises. Some cylinders were also discovered loaded in vehicles present at the spot.
The following persons, all residents of Delhi, were found present along with their vehicles — Arjun (45), a resident of Bagdola; Surajpal Pandey (42), resident of Raj Nagar-II, Palam Colony; Amarjeet Kumar (28), resident of Raj Nagar-II, Palam Colony; Prempal Singh (52), resident of Raj Nagar-II, Palam Colony; Sukh Ram (48), resident of Goyla Dairy, Kutub Vihar Phase-1; and Vikram (42), resident of Dada Dev Road, Dev Kunj, Palam.
When questioned about the possession of such a large number of LPG cylinders, they failed to produce any valid documents or a satisfactory explanation. Subsequent interrogation led to further raids at two additional locations.
In a second recovery, 25 LPG cylinders were seized from a tempo parked near the premises. The owner of the vehicle, Malkhan (59), a resident of Sector-7, Dwarka, was found present at the spot.
A third recovery led to the seizure of 35 LPG cylinders from premises in Gali No. 6, near Bachpan Play School, Dev Kunj, Raj Nagar-II, Palam Colony, where the cylinders were stocked in an open area adjoining a house.
At this location, the following persons were found present: Raju Rai, a resident of Manglapuri Phase-II; Chander Pal, a resident of Palam Dada Dev Road; Bablu, a resident of Goyla Dairy; and Sujeet Kumar, a resident of Shyam Vihar Phase-1.
Considering the scale of the recovery, the Food and Supply Officer (FSO), Palam-Dwarka, was informed and called to the spot. The official stated that such accumulation of LPG cylinders is not authorised without proper permission. In his presence, all the recovered cylinders were seized.
The FSO subsequently informed the Senior Manager (LPGS), New Delhi and South-West District, and the case property was handed over to Shivam Jain, Senior Manager (LPGS).
All the accused persons have been apprehended. Investigations revealed that they were illegally storing domestic LPG cylinders for black market purposes and were involved in unauthorised refilling and tampering of cylinders, officials said.
A case has been registered at the Crime Branch police station under Sections 125/3(5) of the BNS and Section 3/7 of the Essential Commodities Act, 1955.
During interrogation, it emerged that the accused had procured LPG cylinders from a gas agency, but instead of delivering them as per the assigned targets, they diverted and stored them illegally at the identified premises.
They maintained an unauthorised stock and used illegal equipment to transfer gas from filled cylinders into empty ones, which were then sold in the open market for unlawful gains.
Further investigation into the matter is currently underway.
Mumbai Press Exclusive News
Employee arrested from UP for stealing from Mumbai spice shop, cash recovered

The police have claimed to have arrested an employee thief who stole Rs 13,86,200 from a spice shop in the Kala Chowki area of Mumbai from UP Ayodhya, Uttar Pradesh. The money collected for 8 days at the spice shop in the Kala Chowki area was kept in the grain and the next day the complainant shop owner searched for the money in the grain but did not find it. After that, he filed a report at the police station and the police conducted an inquiry and found that the employee working at the shop had been absent since morning, which made the police suspicious and the police arrested Ajay Kumar Shyam Sundar from Ayodhya, UP and recovered more than Rs 10 lakh in cash from his possession. This operation was solved by DCP Ragasudha on the instructions of Mumbai Police Commissioner Devin Bharti and the police have succeeded in arresting the accused from UP.
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