
Indian Agency Charges Gandhi Family with Money Laundering
By and Shruti Srivastava
Save
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
India's federal investigative agency has filed charges of money laundering against senior leaders of the main opposition party Indian National Congress, ramping up the government's crackdown on political rivals.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
‘We are not just fighting for Harvard': For alums, this year feels different
In the 45 years since graduating from Harvard University, Laura Hastings has never been to a reunion. 'I've always felt that Harvard didn't need me,' Hastings said. However, like many of her classmates, when she saw the escalating battle between her alma mater and the Trump administration, she realized this year was the moment for her to 'show up.' The alumni day had a record of 9,000 attendees this year, a speaker said. A sea of maroon Harvard regalia coated the Cambridge streets as some men walked around with tophats and suits, and others waved reunion flags. Shrieks bounced off the brick buildings as classmates saw each other and young children in oversized Harvard merch clung to their parents. Read more: Funding cuts, lawsuits, foreign students: The latest on Trump's war with Harvard University The event comes only a few hours after the institution amended one of its lawsuits against the federal government on Thursday evening and asked for a temporary restraining order. Those actions were in response to President Donald Trump's issuance of a proclamation this week declaring that the school's foreign students would not be allowed into the country. Harvard has been a leader in resisting — through multiple lawsuits — the Trump administration as it attempts to cut billions of dollars from the university in addition to research funding. In one of the cuts, the U.S. Department of Health and Human Services said it was due to 'continued failure to address anti-Semitic harassment and race discrimination.' 'In the Trump Administration, discrimination will not be tolerated on campus. Federal funds must support institutions that protect all students,' the department said. Hastings said she has had some embarrassment about going to Harvard as an elite institution. 'Elite universities, by their very definition, suggest exclusion,' she said, adding that she had a privileged upbringing. While higher education can be the thing that can help people advance to higher-paying and more prestigious careers, the federal government has tapped into a segment of the population who feels excluded by higher education, said Hastings, who is a professor at Georgia State University. One Harvard alum who spoke with MassLive on Friday traveled across the United States border to come to the reunion, despite his fears of being let in — or out — of the country. MassLive isn't using his name because he isn't a citizen of the United States and fears retaliation from the federal government. 'As a non-citizen and non-[permanent resident] you have no procedural rights at the border, meaning that they could ask to see my phone, my messages, my WhatsApp history, anything that they would take that is politically not congruent with what they want they could use that as a basis to deny me entry,' he said. 'I was worried that that would happen. So I scraped my phone of messages that would indicate a political leaning that was contrary to what the administration would be putting out there,' he said. As Harvard fights against the federal government, alumni are doing the same. Members of Crimson Courage, a community of Harvard alumni whose mission is to stand up for academic freedom, urged alumni to wear stickers of support and sign on to a legal document, also known as an amicus brief, in support of Harvard's second lawsuit against the Trump administration focused on international students. 'It's just absolutely incredible. I've never seen this type of mobilization,' said Evelyn Kim, a Harvard alum and Crimson Courage organizer. Kim said the backing of Crimson Courage is helpful for Harvard to know that their community supports them. 'We are not just fighting for Harvard,' Kim said. 'We are fighting for every higher education institution's right to be able to pursue the research they want to do, teach what they want to teach, admit the students that they want to admit. This isn't just about Harvard, it's about all higher education,' she said. Crimson Courage is aiming to have other campuses create their own chapters to back their institutions in the face of cuts or other actions from the federal government. Lisa Paige, an alum and organizer with Crimson Courage, said the organization has around 300 volunteers and has continued to grow. Hastings, who handed out Crimson Courage stickers on Friday to alums, said that while there is overwhelming support, resistance from alums is also apparent. She said many people said they didn't want to talk about the Trump administration's actions against Harvard — instead wanting to enjoy their reunion. One alum who told her he stopped giving money to Harvard because it has become 'too liberal.' Much of what the Trump administration has critiqued about Harvard has focused on campus antisemitism, race discrimination and a lack of political diversity. All of the alums MassLive spoke with on Friday said they don't believe these explanations are why the federal government is going after Harvard. Hastings, for instance, said she thought Harvard leaned too conservative in its beliefs when she was a student on campus. And, as a Jew, she thinks the claim of antisemitism is ultimately being used as a 'scapegoat' for the administration to go after Harvard. The government going after universities is a 'red flag for a democracy' which could harm freedom of thought and speech, according to Olumide Adebo, a Harvard graduate school alum. At the same time, Adebo, along with many other alumni, has criticisms of how Harvard has reacted since the Trump administration shined a light on Harvard. One is the cancellation of affinity graduations — which was something he enjoyed when he graduated from Harvard. 'Whatever criticisms I can offer to Harvard are fairly similar to what I offer to our society in terms of how we embrace diversity and equity in general,' he said. Adebo pointed to the university not backing former president Claudine Gay, who stepped down in early 2024 after about six months on the job, and defending her against the attacks claiming that she had plagiarized scholarly work. 'That seems to me to be a very short leash for anybody in leadership. Frankly, regardless of the missteps. Especially since she was fully vetted before being hired for the role,' he said. Read more: What a monk, a librarian and a dentist have to do with Harvard's fight with Trump To the alum who is not a U.S. citizen, the debate about the future of higher education, funding between public and private higher education and research funding are all 'welcomed.' There are valid critiques about the 'historical injustices' of who is allowed into an institution like Harvard and who isn't — even if the university has been working to address those issues, the alum said. However, the efforts to dismantle Harvard and higher education by the federal government go beyond what is necessary into something that is dangerous, the alum said. As the senior grant manager at Mass General Brigham, a Harvard affiliate, Mary Anne Fox, said she has seen firsthand the attempts at dismantling her alma mater — and the consequences of that. It has been a 'shock' as the attacks against Harvard have emanated into research which won't just hurt the institution but the international research infrastructure, she said. She said she came today to show her support for the institution. 'Now I'm really proud to be from Harvard,' she said. 'I didn't know people hated Harvard so much in the country,' she said. Fox prominently wore a keffiyeh, a traditional headdress worn by people in the Middle East that has taken on a greater symbol of resistance in the United States in support of Palestinians. She said she wore it on that day because many students at Harvard can't — and there is little the university can do against her in response. 'What are they going to do? Suck the degree back out of my head?' she said. Peter Coccoluto, joined by his wife, said he came on Friday to Harvard for his 70th reunion in part due to the actions taken toward the university. 'I feel we are being besieged by an ignorant man who also has the bad quality of seeking revenge on anyone who crosses his path,' Coccoluto said. 'I am here to support Harvard and to urge them to fight, fight, fight, because we fight not only for Harvard, but for all of the other free institutions of learning, higher learning,' he said. Casey Wenz stood outside the Harvard Yard on Friday morning with a finger brace holding up a wooden sign that read 'Harvard Thank You For Your Courage.' While she doesn't have an affiliation with the university, as a Cambridge resident, she said she wanted to show her gratitude to the university for 'standing up for themselves' and ultimately 'standing up for all of us.' She said she has friends who are international students and work at Harvard and that the federal government's actions against Harvard are hurting the country's economy. 'He's knee-capping innovation. And I think undoing that will take years — possibly decades,' she said. 'We might be losing a week or a month for every day that we lose in the research lab,' she said. What a monk, a librarian and a dentist have to do with Harvard's fight with Trump Judge blocks Trump admin from banning Harvard international students from entering US 'Singling out': Harvard president says Trump admin is retaliating against institution 'Government vendetta': Harvard fights back after Trump blocks its foreign students from US Funding cuts, lawsuits, foreign students: The latest on Trump's war with Harvard University Read the original article on MassLive.
Yahoo
18 hours ago
- Yahoo
White House officials to meet Chinese delegation in London for next round of trade talks
Senior White House officials will meet with a Chinese delegation in London on Monday for the next round of trade talks, President Donald Trump has said. The meeting comes after a phone call between Mr Trump and Chinese leader Xi Jinping on Thursday, which the US president said was "very positive". Writing on his Truth Social platform, Mr Trump said the London meeting "should go very well" and added that US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer would represent the US at the is unclear who will represent China. The two countries are at an impasse over tariffs and a dispute involving critical rare earth mineral exports, in which China remains the dominant producer. On 12 May, China and the US struck a 90-day deal in Geneva to pause retaliatory tariffs placed on each other since Mr Trump was inaugurated in January. The initial agreement prompted a global surge in stock markets and U.S. indexes that were in, or approaching, bear market levels. The temporary deal saw the US reduced its 145% tariff to 30% on Chinese also agreed to reduce its 125% retaliatory tariffs to 10% on US goods. However, sector-specific tariffs, such as the 25% tax on cars, aluminium and steel, are still in place. Since Mr Trump's re-election, the president has frequently issued threats of punitive trade measures against US partners - only to backtrack at the last minute. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the latest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.
Yahoo
21 hours ago
- Yahoo
Body found in wooded area in search for missing teenager Cole Cooper
A body has been found in the search for a teenager who went missing in early May. Cole Cooper, 19, was last seen by a school friend on Wednesday 7 May, in the village of Longcroft near Falkirk, in central Scotland. Mr Cooper was reported missing by his family on Friday 9 May. Police Scotland said the body was discovered in a wooded area near Kilsyth Road in Banknock on Friday afternoon. "Formal identification has yet to take place however the family of missing man Cole Cooper, 19, has been informed," the force said in a statement. "Enquiries remain ongoing to establish the full circumstances." Read more from Sky News Speaking to Sky News Breakfast earlier this week, his brother Connor said their family felt "lost" and described his sibling's disappearance as "hell... for all of us". He described him going missing as "very much out of character" and that "even if his brother wanted some space or alone time" he would have notified family or friends beforehand - and would never "put his younger siblings through this". His mother Wendy Stewart described the situation as "total heartache" and was afraid he may have been "picked up by a car" and come to harm. "Is it actually happening?" she said. "I have been wanting to wake up and it's just been a big nightmare." After police got involved in the search, they visited more than 220 properties and trawled through around 1,000 hours of CCTV footage in a bid to find Mr Cooper. Specialist resources from across the country were mobilised, including a helicopter and drones from the air support unit, as well as officers from the dive and marine unit. The force previously indicated there was no suggestion of any criminality. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the latest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.