Mundka fire: North Delhi civic body suspends 3 officials for laxity in duty

The North Delhi Municipal Corporation on Tuesday suspended three officials in the Narela Zone for alleged laxity in duty following the massive fire in a building in Mundka that claimed 27 lives.......

Railways to test anti-collision tech with minister onboard

On March 4 in Secunderabad, two trains will hurtle towards each other at full speed, one with the railway minister on board and the other with the chairman of the railway board. But the two trains......

WHO accepts Bharat Biotech's expression of interest for Covaxin

In a major boost for Bharat Biotech, the World Health Organisation has accepted its Expression of Interest for COVID-19 vaccine Covaxin and scheduled a pre-submission meeting on June 23, a step......

'No space for national parties in Tamil Nadu'

'With the deaths of Jayalalithaa and Karunanidhi, the BJP and Congress thought that they had a chance.''They have conceded that power is with the Dravidian parties.' IMAGE: Muthuvel Karunanidhi......

Why Bank Frauds Continue

The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months. Illustration: Dominic Xavier/Rediff.com......

IRDAI mulls linking insurance frauds with individuals' credit score

The Insurance Regulatory and Development Authority of India (IRDAI) is considering a proposal to make insurance frauds a parameter for calculating credit scores in an attempt to put a lid on the......

74% FDI in insurance gets Cabinet nod

The Union Cabinet on Wednesday gave its nod for amendments in the Insurance Act, paving way for 74 per cent foreign direct investment in the sector. Illustration: Uttam Ghosh/Rediff.com Currently,......

There's more to bank frauds than meets the eyes

A common feature in India is the lag between the occurrence of frauds and the time they are actually reported. Illustration: Uttam Ghosh/Rediff.com Are internal controls in banks so weak as to......

Football Extras: Will Barca struggle without Suarez?

News of all that's transpired on and off the football field IMAGE: Barcelona striker Luis Suarez will miss two weeks for knee treatment. Photograph: Sergio Perez/Reuters Barcelona striker......

Security concerns force Australia to postpone Bangladesh tour

IMAGE: Australia captain Steven Smith (left) and coach Darren Lehmann. Photograph: Gareth Copley/Getty Images Cricket Australia (CA) announced on Thursday that due to concern about the safety and......

Trial of South African athlete Oscar Pistorius

The murder trial of Olympic and Paralympic track star Oscar Pistorius will wind up on Friday, ending six months of at times gripping courtroom drama that transfixed his native South Africa and......

Costa quits Spain's Davis Cup team

Albert Costa has stepped down as captain of Spain's Davis Cup team and moved into a new role as overseer of all the country's national teams, the Spanish tennis federation said on Thursday. Costa,......

Arsenal's Eduardo wins appeal against diving ban

Arsenal striker Eduardo da Silva has won his appeal against a two-match ban imposed by UEFA for diving in a Champions League qualifying game against Celtic. "Following examination of all the......