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Latest Business News, Business News India Today | The HinduBusinessLine

Development Bank of Japan partners HDFC Capital to invest in housing projects across India Suspected Ebola case in Gujarat Trump says Iran wants deal but US not satisfied yet Breakfast meetings, Delhi huddles fuel Karnataka Congress leadership chatter Telangana to set up SPV for fiber network Govt to take action against diversion of cheap diesel earmarked for common man to industrial users Mphasis launches autonomous enterprise agency platform, returns expected by FY28 Tummidihatti Barrage: Telangana CM Reddy writes to Maharashtra CM for talks EBG group sets up Vajram Electric Century Real Estate doubles down on integrated townships, commercial realty amid demand surge French firm Inetum partners with AionOS to provide to global companies PM asks Ministries and govt departments to take steps to mitigate heatwave impact, stresses on “whole-of-nation” approach Suresh Gopi reviews BPCL pipeline project in Tamil Nadu TVS Srichakra Ltd announces ₹220-crore capex to expand Madurai tyre plants Rahul Gandhi questions CBSE over contract awarded to COEMPT Every border district to have 360-degree security framework: Amit Shah Telugu Desam Party plans 33% reservation to women in 2029 general elections National Forensic Sciences University invites applications for academic year 2026-27 SC ruling on GST levy may squeeze margins, threaten survival of online gaming firms: Tax experts ED files chargesheet against Al-Falah University founder in land fraud case MoD issues RFPs to 3 bidders to shortlist AMCA production partner Draft US-Iran peace framework proposes lifting Hormuz blockade, US troop pullback Tamil Nadu CM Vijay meets PM Modi in Delhi India’s GCC enablement market at $12-15 billion, says report Delhi–San Francisco Air India flight turns back after technical snag Maruti Suzuki services record 2.84 crore vehicles in FY26 Gig workers forum seeks balanced approach in Telangana gig workers Bill CPI(M) workers heckle ED sleuths emerging after raid on premises of Pinarayi Vijayan US team to visit India from June 1-4 for trade talks Supreme Court backs retrospective 28% GST levy on online gaming firms Florin Muller completes India tenure, moves to New York role Rainbow Children’s Medicare aims to double revenue by FY30: Founder - Chairman Ramesh Kancharla LNG tanker exits Hormuz for India for first time since war began AIADMK moves towards unity after split over Trust vote SC seeks Centre, NCERT's response on plea against CBSE's 3-language rule for Class 9 students Soumya Swaminathan, Agrawal elected as Royal Society fellows International Road Federation seeks GST cut on helmets, ambulances, essential medical equipment Johnson Lifts buys land near Chennai as part of long-term manufacturing expansion Air India Flight to San Francisco returns midway due to technical snag Rahul Gandhi questions CBSE over contract awarded to COEMPT I-T dept enables online ITR-2 filing for AY27 Discussions underway between EPS-led faction leaders amid reunion speculations PM Modi urges citizens to take precautions amid severe summer heat across country Monsoon arrives over Lanka, clears last hurdle before reaching Kerala Magellanic Cloud Q4 Results: Net up 30% on growing demand Kerala Postal Circle posts 10% revenue growth; launches delivery initiatives SC sets aside NCLAT order which rejected Amazon’s appeal Supreme Court upholds EC’s power to conduct SIR CPI(M) protests ED raids on Pinarayi Vijayan’s family, calls action politically motivated BYJU’S Raveendran says settlement talks with lenders, investors near completion No ebola case in India as Bengaluru patience tests negative: Health Ministry India says it has right to defend itself, warns Pakistan of 'consequences' for cross-border terror US says $20.6 billion of tariff refunds on the way to importers Climate change fuelling growth of antibiotic-resistant Salmonella: Study Weak demand for recycled plastics has led to under-utilisation of capacity, say recyclers Marco Rubio seeks to repair US-India relations after Trump-era strains Iran condemns US strikes as show of 'bad faith', begins restoring internet after long shutdown Nvidia to spend $150 billion a year in Taiwan, ‘epicentre’ of AI revolution Byju’s Raveendran sentenced to six months in jail for Contempt of Court Red Balloon launches India’s first stratospheric super-pressure balloon India calls out ‘frozen’ UNSC architecture: Akin to running advanced AI technologies on 1945 version of computer Ugandan woman with suspected Ebola-like symptoms shifted to Bengaluru hospital; 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Government sanctions over 60% manpower boost for ED
2026-05-28 · via Latest Business News, Business News India Today | The HinduBusinessLine

The Union government on Wednesday sanctioned a significant manpower boost for the Enforcement Directorate (ED), authorising more than 1,200 additional investigators and staff for the anti-money laundering agency.

Officials told PTI that the Ministry of Finance had approved the much-awaited cadre restructuring of the agency after 15 years, enhancing its workforce by more than 60 per cent -- from 2,029 to 3,256.

The ministry revised the ED's strength by 1,227 personnel across its six cadres, which include the executive, legal, and adjudication verticals that form the core of its investigation setup, officials said.

Of this total, 803 additional officials have been added to the rank of Assistant Enforcement Officer, 606 to Enforcement Officer, and 531 to Assistant Director of Enforcement.

The last cadre restructuring of the ED, undertaken to reorient an organisation to meet new and upcoming challenges, occurred in 2011.

Data suggests that the number of ED cases, complex investigations, including cybercrimes, Artificial Intelligence and cryptocurrency, and enforcement actions are gradually increasing over the years.

As per official data, searches or raids conducted by the agency under the PMLA almost doubled to 2,892 during the 2025-26 financial year, while it also effected "highest-ever" provisional attachment of assets in that year, representing a 171 per cent increase in the value of attachments to ₹81,422 crore under 712 orders.

The agency issued 461 provisional attachment orders, freezing assets valued at ₹30,036 crore during FY25.

ED raids doubled in the 2025-26 financial year, as compared to 1,491 in the previous fiscal.

The agency filed 812 chargesheets during FY26 compared to 457 such complaints for prosecution filed before courts during the previous year.

The number of ECIRs — Enforcement Case Information Reports, registered to trigger PMLA probes — jumped 39 per cent to 1,080 in the last fiscal, compared to 775 cases filed during FY25.

The 70-year-old agency implements the criminal provisions of two stringent laws -- the Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA), in addition to the civil sections of the Foreign Exchange Management Act (FEMA).

Published on May 28, 2026