ED arrests Punjab Industry Minister Sanjeev Arora after raids

IANS | May 9, 2026 3:02 PM

Chandigarh, May 9 (IANS) The Enforcement Directorate (ED) on Saturday arrested Sanjeev Arora, one of the powerful Cabinet ministers in the Bhagwant Mann-led Punjab government, from his official residence in Sector 2 here. The action came after the ED carried out extensive search operations on Sanjeev Arora's residences and offices under the Prevention of Money Laundering Act (PMLA) of 2002. However, there is no official statement from the ED on his arrest.

AI market euphoria feels like dot-com bubble: Michael Burry

IANS | May 9, 2026 2:20 PM

New Delhi, May 9 (IANS) AI-driven excitement in financial markets is beginning to resemble the speculative excess seen during the dot-com boom of 1999-2000, American investor Michael Burry has warned, raising concerns over soaring valuations in technology and semiconductor stocks, according to multiple reports.