The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is what common citizen invested in post office savings, the oldest and the largest banking system in the country. The system serves the investment needs of urban and rural clients through schemes such as savings bank, recurring deposits, time deposits, national savings certificates, kisan vikas patras, public provident fund, monthly income account scheme, sukanya samriddhi accounts and senior citizens savings scheme.
Move by Swiss cement major Holcim to simplify its Indian structure has not gone down well with institutional investors.
A move to extend visas on arrival facility to 150 countries and make world heritage sites more tourist friendly has been welcomed.
Mahendra Singh Dhoni's theory got firm backing from Sachin Tendulkar.
Khushdil Shah has been ruled out for up to three weeks after injuring his left thumb while batting during Saturday's training session in Derby.
Celebrate Independence Day with tricolour delicacies.
These dishes are perfect for either a fasting or a feasting menu.
We spoke with a handful of aspirants at the CAT testing centre in Ghatkopar, Mumbai. Find out what they had to say.
Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible now, say analysts.
It must be noted that Saini, who is set to be a part of India's touring team to Australia will also need the permission of BCCI's medical team, which is a keeping a tab on all international players.
You don't have to look boring just because you are wearing a mask.
'The world of arms dealers and war-mongers is still a reality of our lives.'
The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
A struggling Indian team, severely depleted by a spate of on-field injuries and fitness-related problems, will be determined to avoid the ignominy of a clean sweep against Bangladesh in the final ODI of the three-match series.
The agenda would also include organisational polls and a fresh membership drive, though "national role for Nitish" is likely to dominate the narrative.
Despite the national executive's decision to suspend him, Kumaraswamy said he continued to be the legislature party's leader.
Meet the stars Rediff.com Contributing Photographer Pradeep Bandekar spotted over the weekend.
Aamir and Kiara promote a bank... Where is Kareena headed?
Ira Trivedi, wellness expert and founder of Yog Love, explains how these postures can help you keep monsoon ailments at bay.
Here's what your favourite Bollywood celebrities are tweeting.
Taxmen are opposing proposals to cut personal income and corporate tax and scrap taxes on various transactions.
Evelyn Sharma sure knows how to use her self-isolation time, thanks to the coronavirus outbreak.
Images from the T20 world Cup Super 12 match between India and the Netherlands, at Sydney Cricket Ground, on Thursday.
Indian cricket in 2022 was chaotic, to say the least and messy at most of the time both on and off the field.
All-rounder Washington Sundar is likely to miss at least the next two IPL matches for Sunrisers Hyderabad after suffering split webbing in his bowling hand, head coach Tom Moody said.
Obama's statement prompted potential Republican challenger Mitt Romney to say that he continues to believe that "marriage is a relationship between a man and a woman" and that Obama had "changed his view" on the issue.
The national selectors did well to deliver a loud and clear message as they sought to kickstart the transition in the Indian T20 team.
As the COVID-19 vaccination of children falling into the age bracket of 15 to 18 years is scheduled to begin from January 3, the Kerala health department has prepared an action plan for inoculation of all eligible beneficiaries.
Baz Luhrmann's new film Elvis got a 10-minute standing ovation at the Cannes film festival.
We have to play aggressive cricket, says stand-in skipper KL Rahul
A morning in Kareena's life... Mouni heads to the beach...Why is Sid closing and opening doors?
ohn Stephenson, MCC Head of Cricket, said the announcement "is a very positive step for Test cricket".
Sachin Tendulkar's humane qualities sets him apart from the rest, says his mother-in-law who feels lucky that her daughter got married to the iconic Indian cricketer.
Afsar Dayatar/Rediff.com brings us scenes from the Jug Jugg Jeeyo trailer launch.
West Bengal Chief Minister Mamata Banerjee on Friday said that no "objectionable material" was found in Maggi noodles in the state after laboratory tests were conducted and hence no action was taken.
Chhattisgarh Chief Minister Raman Singh on Monday declared his government's full support to Salwa Judum, the forest dwellers' peace movement against Naxalite violences, and promised to take steps to secure their livelihood. In his Republic Day speech after hoisting the national flag at Jagdalpur, the headquarters of Bastar division, the Chief Minister said, "it was because of such people and their movement that the country's Republic is secured today."
Let Maharaj Jodharam Choudhary inspire you to create some delicious, homemade mithai or sweetmeats for Holi.
