Search results for 'Fund of Funds'

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

Adityanath Accuses TMC of Pushing West Bengal into 'Identity Crisis'

Adityanath Accuses TMC of Pushing West Bengal into 'Identity Crisis'

Rediff.com16 Apr 2026

Uttar Pradesh Chief Minister Yogi Adityanath criticised the TMC, alleging corruption and 'mafia rule' have created an 'identity crisis' in West Bengal. He urged voters to support the BJP in the upcoming elections, promising a 'double-engine' government for development.

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Rediff.com26 Apr 2026

A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

Rediff.com3 Apr 2026

The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.

Dubai Based Man Masterminded Betting Fraud: ED

Dubai Based Man Masterminded Betting Fraud: ED

Rediff.com16 May 2026

The Enforcement Directorate (ED) has identified a Grenadian man based in Dubai as the 'beneficial owner' of a Delhi-based company involved in a large-scale betting, gaming, and cyber fraud-linked money-laundering operation in India.

Mumbai Man Arrested In Cryptocurrency Investment Scam

Mumbai Man Arrested In Cryptocurrency Investment Scam

Rediff.com28 Apr 2026

Mumbai Police have arrested a man for allegedly defrauding a senior executive of over Rs 60 lakh under the guise of cryptocurrency investment.

Rs 7 Crore GST Fraud Uncovered In Pilibhit

Rs 7 Crore GST Fraud Uncovered In Pilibhit

Rediff.com17 Apr 2026

Police in Pilibhit, Uttar Pradesh, have uncovered a GST fraud involving the misuse of a GST ID to misappropriate approximately Rs 7 crore. The investigation revealed 13 fake firms allegedly used to generate bogus bills.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

BJP sweeps Falta repoll by 1.5 lakh votes; TMC candidate loses deposit

BJP sweeps Falta repoll by 1.5 lakh votes; TMC candidate loses deposit

Rediff.com24 May 2026

The BJP has won the repoll to Bengal's Falta Assembly seat with a significant margin, marking a dramatic shift in the political landscape of West Bengal. The TMC's candidate slipped to fourth place and forfeited his deposit in what was once considered a TMC stronghold.

Delhi Police Busts GST Fraud Cartel, Arrests Six

Delhi Police Busts GST Fraud Cartel, Arrests Six

Rediff.com16 May 2026

The Delhi Police's Economic Offences Wing (EOW) has dismantled a GST fraud cartel, arresting six individuals involved in swindling Rs 128 crore through shell companies and fake invoicing.

Delhi University Stops St Stephen's Principal Appointment

Delhi University Stops St Stephen's Principal Appointment

Rediff.com14 May 2026

Delhi University has instructed St Stephen's College to halt the appointment of a new principal, citing that the selection committee was not formed in accordance with the University Grants Commission (UGC) Regulations, 2018.

ED Attaches 159 Crore Assets in West Bengal Coal Pilferage Case

ED Attaches 159 Crore Assets in West Bengal Coal Pilferage Case

Rediff.com15 Apr 2026

The Enforcement Directorate has attached assets worth 159 crore in connection with a money laundering investigation related to illegal coal mining in West Bengal. The case involves alleged pilferage and implicates various entities, including the political consultancy firm I-PAC.

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

Rediff.com22 Apr 2026

Police in Nellore district, Andhra Pradesh, have busted an organised online cricket betting racket, arresting 12 people and seizing cash, mobile phones, and a television. The syndicate operated through online platforms, using multiple bank accounts and PhonePe numbers for fund transfers.

Centre notifies draft rules for VB-G RAM G rollout

Centre notifies draft rules for VB-G RAM G rollout

Rediff.com23 May 2026

The Centre has notified draft rules for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, outlining the framework for the new rural employment programme replacing MGNREGA. The draft rules are open for public feedback until June 21, 2026.

RBI 'keeping close watch' on West Asia conflict for policy action

RBI 'keeping close watch' on West Asia conflict for policy action

Rediff.com19 May 2026

RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.

217 Indians joined Russian forces during Ukraine war, 49 dead: Govt to SC

217 Indians joined Russian forces during Ukraine war, 49 dead: Govt to SC

Rediff.com22 May 2026

The Centre has informed the Supreme Court that 217 Indian nationals reportedly joined the Russian armed forces, with 49 fatalities amid the Russia-Ukraine war, and efforts are underway to repatriate those who were misled.

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Rediff.com22 Apr 2026

Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.

Enforcement Directorate Searches Kolkata Police Officer's Premises

Enforcement Directorate Searches Kolkata Police Officer's Premises

Rediff.com19 Apr 2026

The Enforcement Directorate conducted raids at the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and a local businessman as part of a money laundering probe against an alleged criminal and his linked syndicate.

Gujarat ATS nabs two in 'Ghazwa-E-Hind' conspiracy

Gujarat ATS nabs two in 'Ghazwa-E-Hind' conspiracy

Rediff.com21 Apr 2026

The Gujarat Anti-Terrorist Squad (ATS) has arrested two individuals for allegedly conspiring to wage war against the country by radicalising individuals through social media and planning to establish 'Ghazwa-e-Hind'.

Want To Invest in MNC Funds?

Want To Invest in MNC Funds?

Rediff.com19 Jul 2025

Despite recent underperformance, MNC funds have delivered over longer time frames.

Why India's Next Wave Of Startups Should Focus On Deep Tech

Why India's Next Wave Of Startups Should Focus On Deep Tech

Rediff.com28 Apr 2026

Infosys co-founder Kris Gopalakrishnan urges Indian startups to focus on deep technology and advanced manufacturing to ensure strategic autonomy.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Rediff.com1 Apr 2026

The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.

Thane Consultant Duped With False Tender Promise

Thane Consultant Duped With False Tender Promise

Rediff.com4 May 2026

A business consultant in Thane, Maharashtra, was allegedly cheated of 98 lakh by two individuals who promised profits from a government tender. The accused, claiming to own two companies, convinced the victim to invest in a mobile phone supply tender for the Uttar Pradesh government, but failed to deliver on their promises.

Delhi Police Bust Fake Stock Investment Scheme, Two Arrested

Delhi Police Bust Fake Stock Investment Scheme, Two Arrested

Rediff.com9 Apr 2026

Delhi Police have arrested two individuals for allegedly defrauding a man of Rs 7 lakh through a fake stock investment scheme operated via a social media app. The accused lured victims with promises of high returns before siphoning off the funds.

Sebi revises regulatory framework for angel funds under AIF norms

Sebi revises regulatory framework for angel funds under AIF norms

Rediff.com10 Sep 2025

Sebi on Wednesday said angel funds can raise capital only from accredited investors, as part of the revised framework notified by the regulator to streamline fundraising, investment and compliance norms under the alternative investment funds rules. In a circular, the regulator said angel funds, which are granted registration by Sebi, will be permitted to onboard only accredited investors, while existing funds have been given time until September 8, 2026, to align with the new regime.

Delhi Men Arrested Over Fake Online Trading Scheme

Delhi Men Arrested Over Fake Online Trading Scheme

Rediff.com20 Apr 2026

Two men have been arrested in Delhi for allegedly defrauding a resident of Rs 2 lakh through a fake online trading scheme.

Punjab Assembly Approves Prison Reform, Societies Amendment Bills

Punjab Assembly Approves Prison Reform, Societies Amendment Bills

Rediff.com1 May 2026

The Punjab Assembly has passed the Punjab Prisons and Correctional Services Bill, 2026, to modernise the prison system, and the Societies Registration (Punjab Amendment) Bill 2026, to enhance transparency and accountability of societies.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

How are you getting money? Cong questions RSS registration, funding sources

How are you getting money? Cong questions RSS registration, funding sources

Rediff.com22 Oct 2025

Karnataka Minister Priyank Kharge and Congress leader B K Hariprasad have raised concerns about the RSS not being a registered organization and questioned the sources of its funding, alleging that this lack of registration allows the RSS to evade government regulations. BJP leaders have defended the RSS, stating that registration is not mandatory for all organizations.

FD vs Mutual Fund Loan: Which Costs Less?

FD vs Mutual Fund Loan: Which Costs Less?

Rediff.com12 Sep 2025

Loan against fixed deposit is cheaper and comes with fewer charges.

Ex-Bank GM Denied Bail in Rs 122 Crore Scam Case

Ex-Bank GM Denied Bail in Rs 122 Crore Scam Case

Rediff.com9 Apr 2026

A Mumbai court has denied bail to Hitesh Mehta, the former General Manager of New India Cooperative Bank, who is accused of orchestrating a Rs 122 crore scam. The court cited the severity of the economic offence and the complexity of the trial as reasons for the denial.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com16 May 2026

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Mutual funds' cash holding fell in Sep amid decline in inflows

Mutual funds' cash holding fell in Sep amid decline in inflows

Rediff.com17 Oct 2025

Cash holdings of equity mutual fund (MF) schemes moderated in September amid a slowdown in fresh inflows. Equity MF schemes held cash worth Rs 1.76 trillion at the end of September 2025 - about Rs 400 crore lower than the previous month, according to a report by Nuvama Alternative & Quantitative Research.

RBI Simplifies E-Mandate Rules For Reissued Cards

RBI Simplifies E-Mandate Rules For Reissued Cards

Rediff.com21 Apr 2026

The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

Rediff.com9 Apr 2026

The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.

Sensex tumbles 534 pts dragged by foreign fund outflows, weak global trends

Sensex tumbles 534 pts dragged by foreign fund outflows, weak global trends

Rediff.com16 Dec 2025

Among Sensex firms, Axis Bank tanked the most by 5.03 per cent. Eternal, HCL Tech, Bajaj Finserv, Tata Steel, UltraTech Cement and Bajaj Finance were also among the laggards. However, Titan, Bharti Airtel, Mahindra & Mahindra and Asian Paints were among the gainers.

Chautala Slams Haryana Government Over Crop Procurement Failures

Chautala Slams Haryana Government Over Crop Procurement Failures

Rediff.com10 Apr 2026

Former Haryana deputy chief minister Dushyant Chautala has criticised the state government for failing to ensure proper crop procurement arrangements and timely compensation for farmers affected by unseasonal rain.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.