ED attaches Rs 750cr AJL assets, including Herald House in city The Enforcement Directorate (ED) has attached properties worth over Rs 750 crore, including Herald House in Delhi, belonging to Associated Journals Ltd (AJL). AJL is the publisher of National Herald and other Congress party mouthpieces. The attachment is part of a money laundering case against Sonia Gandhi, Rahul Gandhi, and Young Indian, which now controls AJL. The Congress party criticized the ED's action, labeling it as "shameful vendetta politics" and a "frivolous case." The National Herald case involves the alleged takeover of AJL and its assets, estimated at Rs 750 crore, by Young Indian for Rs 50 lakh. The attached properties are located in prime locations in Delhi, Lucknow, and Mumbai. The Gandhis, accused in the case, have been questioned multiple times, and Young Indian is registered as a charity majority-owned by them. Young Indian's CEO is Congress president Mallikarjun Kharge. White House Condemns Musk, but the govt is addicted to him. The White House criticized Elon Musk for endorsing what it called an "abhorrent promotion of antisemitic and racist hate." Despite the criticism, the US government has become more dependent on Musk and his companies, particularly SpaceX and Starlink. The US government has agreed to as much as $12 billion worth of SpaceX launches next year for crucial Pentagon assets. In September, the Pentagon agreed to pay millions for Starshield, a secure communications system set up by Musk's company for defense and intelligence systems. Starlink satellites, provided by Musk, are considered critical for deterring China, as they are more resistant to Chinese efforts to disable them than the Pentagon's own satellites. The federal government acknowledges Musk's controversial views but states it has no viable alternatives currently. Concerns have been raised by some members of Congress about the national security implications of depending heavily on a single technologist. A group of 27 US lawmakers, all Democrats, wrote to Musk expressing concern that the X platform seemed to be profiting from premium accounts glorifying violence against Israelis. New coal-fired power plants may see easier lending norms The Indian government considers easing lending norms for new coal-fired power plants to meet rising electricity demand. Discussions in the power ministry suggest removing the requirement for power purchase agreements (PPAs) to facilitate funding for new coal-based power stations. The move aims to make the market more responsive by delinking funding from PPAs. Power Minister R K Singh emphasizes the need for India to start work on 30,000 MW of new thermal generation capacity to prevent future electricity shortages. The estimated construction cost for new coal-fired power is Rs 8.3 crore per MW, requiring almost Rs 2.5 lakh crore in investments for 30,000 MW. The government aims to expand coal-based generation capacity in response to a 20% annual growth in power demand from August to October. Despite healthy green power production, the rise in demand necessitates more coal-based power for grid stability as the share of renewable power increases.