Bharat Bandh | 1st nation-wide protest after state polls kicks off - here are some highlights

The Supreme Court on Monday expressed grave concern over digital frauds, noting that more than ₹54,000 crore has been siphoned off through cyber crimes, and described the scale of the fraud as “absolutely robbery or dacoity”.

A bench of the apex court sought swift and coordinated action from the Reserve Bank of India (RBI), banks and other agencies to curb the rising menace of digital fraud. Observing that such large-scale losses could not occur without serious lapses, the court said the frauds “may be due to collusion or negligence of bank officials”.

The bench directed inter-departmental agencies to prepare a draft memorandum of understanding (MoU) within four weeks to strengthen coordination and effectively tackle digital frauds.

Taking note of an existing standard operating procedure (SOP) framed by the RBI, which prescribes immediate steps such as temporarily blocking debit cards to prevent cyber-enabled fraud, the court directed the Centre to formally adopt and implement the RBI’s SOP across the country.

“We direct the Centre to ensure pan-India implementation of the RBI SOP for inter-agency coordination in dealing with digital frauds. We also direct the CBI to identify cases of so-called ‘digital arrest’,” the bench said.

The Supreme Court further asked the Gujarat and Delhi governments to grant sanction for investigation in identified cases. It also directed the RBI, the Department of Telecommunications (DoT) and other concerned authorities to jointly hold a meeting to evolve a framework for compensation to victims of digital arrest frauds.

Emphasising victim relief, the court said a “pragmatic and liberal approach” is required while considering compensation for those affected by digital arrest scams.

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Dakshina Kannada MP Capt Brijesh Chowta has urged the Centre to give high priority to offshore wind energy generation along the Mangaluru coast, citing its strategic importance to India’s green energy and port-led development goals.

Raising the issue in the Lok Sabha under Rule 377, Chowta said studies by the National Institute of Oceanography have identified the Mangaluru coastline as part of India’s promising offshore wind ‘Zone-2’, covering nearly 6,490 sq km. He noted that the region’s relatively low exposure to cyclones and earthquakes makes it suitable for long-term offshore wind projects and called for its development as a dedicated offshore wind energy zone.

Highlighting the role of New Mangalore Port, Chowta said its modern infrastructure, multiple berths and heavy cargo-handling capacity position it well as a logistics hub for transporting and assembling large wind energy equipment.

He also pointed to the presence of major industrial units such as MRPL, OMPL, UPCL and the Mangaluru SEZ, which could serve as direct buyers of green power through power purchase agreements, improving project viability and speeding up execution.

With Karnataka’s peak power demand crossing 18,000 MW in early 2025, Chowta stressed the need to diversify renewable energy sources. He added that offshore wind projects in the Arabian Sea are strategically safer compared to the cyclone-prone Bay of Bengal.

Calling the project vital to India’s target of 500 GW of renewable energy by 2030, Chowta urged the Ministry of New and Renewable Energy to initiate resource assessments, pilot projects and stakeholder consultations at the earliest.

US President Donald Trump on Saturday claimed that the government of India led by Prime Minister Narendra Modi has made a deal to buy Venezuelan oil, as opposed to purchasing it from Iran.

"We've already made that deal, the concept of the deal," he told reporters on Air Force One.

Trump had imposed 25% tariffs on countries buying Venezuelan oil, including India, in March 2025. He had also hit India with tariffs for buying Russian oil, saying it was "funding" President Vladimir Putin's war against Ukraine.

Trump has said that the US has taken control of the oil-rich Venezuela after capturing former President Nicolas Maduro in January.

A fleet of 18 ships loaded with crude oil bound for refineries in Texas, Louisiana, and Mississippi in January, the most since December 2024, according to a report by the news agency Bloomberg.

Combined crude deliveries to the US will reach about 2,75,000 barrels a day, more than doubling volumes seen in December last year. Shipments to China, which averaged 4,00,000 barrels a day last year, fell to zero in January.

PM Modi, Venezuelan President Agree To Expand Ties

Prime Minister Narendra Modi and Venezuela's acting President Delcy Rodriguez spoke on Friday and agreed to take the bilateral relations to "new heights" in the years ahead.

It was the first phone call between the two leaders since the capture of Maduro and his wife by the US on January 3.

"Spoke with Acting President of Venezuela, Ms. Delcy Rodriguez. We agreed to further deepen and expand our bilateral partnership in all areas, with a shared vision of taking India-Venezuela relations to new heights in the years ahead," PM Modi said in a post on X.

A statement from Prime Minister Modi's office said the two leaders agreed to further expand and deepen the India-Venezuela partnership in all areas, including trade and investment, energy, digital technology, health, agriculture, and people-to-people ties.

They exchanged views on various regional and global issues of mutual interest and underscored the importance of their close cooperation for the Global South, the statement said.

Rodriguez also said that they discussed partnerships in the fields of agriculture, science and technology, mining, and tourism, as well as the pharmaceutical and automotive industries.