National News
PM Modi slams Congress & TMC, says his govt reduced NPAs below 1 pc, PSUs at record profits
New Delhi, Feb 5: Prime Minister Narendra Modi in his reply to the Motion of Thanks on the President’s address in the Rajya Sabha on Thursday, defended his government’s banking and public sector reforms while launching a scathing attack on the Opposition, particularly the Congress and Trinamool Congress, amid the ongoing Budget Session disruptions.
Highlighting achievements in the banking sector, Prime Minister Modi said that non-performing assets (NPAs) have been reduced to below one per cent through multiple reforms, describing a robust banking system as essential for a strong economy.
He contrasted this with past governments, claiming that public sector undertakings (PSUs) have now reached record profits and are serving as catalysts for the ‘Make-in-India’ initiative, generating employment, and expanding globally.
He accused the Opposition members of spreading misinformation about PSUs, likening them to urban Naxals attempting to incite unrest outside factory gates.
Prime Minister Modi expressed disappointment over the quality of discussions in the House, noting that he had listened to various speeches but felt the level could have been higher.
He targeted the Trinamool Congress specifically, pointing to the poor law and order situation in West Bengal while its MPs advocate in the Parliament.
He criticised their stance on illegal immigrants, or “ghuspetiye”, saying that even developed countries are deporting such individuals, yet some “parties” in India shield them.
Prime Minister Modi warned that illegal immigrants are stealing jobs from the youth, encroaching on Adivasi (tribal) lands, escalating violence, and endangering women’s safety.
He drew a sharp contrast on the term “deal”, saying that today it evokes positive trade agreements, whereas in the past it reminded people of scandals like “Bofors deal”, where the focus was allegedly on personal enrichment.
Expressing gratitude to Indian citizens for enabling him to serve, PM Modi said much of his government’s energy has gone into correcting Congress-era mistakes.
He emphasised a shift to future-ready policies, ending ad-hocism in favour of consistent, structured governance that has earned international trust.
“Under the mantra of “reform-transform-perform”, India is on the “reform express”, with structural and policy changes adding value across sectors, preparing the country to compete globally in every way,” PM Modi said.
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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