Delhi Health Minister Satyender Jain has been sent to Enforcement Directorate custody till June 9th in an alleged money laundering case. He was arrested by the Enforcement Directorate in a case connected to hawala transactions related to a Kolkata-based company.
The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.