The ED had earlier conducted searches at the portal’s premises in the Saidulajab area of Delhi in September 2021 in connection with a money laundering probe. During the course of the investigation, the agency recorded statements from more than 25 individuals, including Purkayastha. In 2023, the ruling Bharatiya Janata Party (BJP) cited a New York Times report to allege irregularities involving the portal and its promoters.
Saudi Arabia to store oil in Singapore’s underground caverns from 2027
Saudi Arabia’s reported plan to store oil beneath Singapore from 2027 could bring supplies closer to Asian buyers. Explore the strategic location, potential trade benefits and key uncertainties behind the proposal.
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