Rashu Nain

Operation Mahadev: CBI’s Crackdown on ₹6,000 Crore Online Betting Racket Key Highlights (30 July 2025 Update) 1. What is Operation Mahadev? A  pan-India CBI operation  targeting an illegal online betting syndicate linked to  Mahadev Book App . Launched in 2023 , it gained momentum in 2024–25 with raids in  Chhattisgarh, Delhi, Mumbai, Dubai, and UAE . Estimated Scam Size:  ₹6,000+ crore (one of India’s biggest online betting rackets). 2. Recent Developments (July 2025) CBI arrests 4 accused , including a  Dubai-based promoter  and a  Chhattisgarh politician . ED attaches ₹150 crore  in assets (luxury cars, properties, crypto holdings). Interpol Red Notice  issued against mastermind  Sourabh Chandrakar  (based in UAE). 3. Modus Operandi Operated via  Mahadev Book App  and  other betting platforms . Hawala links:  Money routed via  shell companies, cryptocurrency, and Dubai banks . Politician-Bookie Nexus...

  Sports Excellence: Historic Achievement in Chess In a groundbreaking moment for Indian chess,  Divya Deshmukh has become the first-ever Indian to advance to the FIDE Women's World Cup Final . This historic achievement marks a significant milestone in India's chess prowess on the international stage, adding to the country's growing reputation in competitive chess. Economic Developments Financial Inclusion Progress The Reserve Bank of India (RBI) has reported encouraging progress in financial inclusion across the country.  The RBI's Financial Inclusion Index has increased to 67 in FY25 (March 2025) from 64.2 in FY24 , indicating improved access to financial services for previously underserved populations. Economic Growth Projections Looking ahead, economic forecasts suggest that  India is positioned to emerge as the world's third largest economy by 2028 . This projection underscores India's continued economic momentum and growing influence in global markets. Def...