Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.
The Nadia district administration has launched an investigation after 173 male names were detected in the beneficiary list of the 'Lakshmir Bhandar' scheme meant for women in Dhubulia area.
Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.
West Bengal Chief Minister Suvendu Adhikari has ordered a special investigation into alleged fake beneficiaries of the Lakshmir Bhandar scheme, a women's cash transfer programme from the previous government, also initiating a money laundering probe.
West Bengal's Chief Minister has ordered a special investigation into alleged fake accounts linked to the Lakshmir Bhandar scheme, a women's cash transfer initiative by the previous government, citing illegal cash transfers and men falsely claiming benefits.
Delhi Chief Minister Rekha Gupta has instructed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget. She also appealed to the public to take precautions during the ongoing heatwave.
Delhi Chief Minister Rekha Gupta has directed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget, warning of potential fund reductions for departments failing to utilise allocated budgets effectively.
The West Bengal government will resume the rural employment scheme under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Grameen) Act in all districts of the state, barring Murshidabad and South 24 Parganas, where allegations of irregularities in its implementation are being investigated.
Congress Councillor Amit Bhandari has been arrested in Dehradun for his alleged involvement in an organised land fraud scheme. The arrest follows the interrogation of the scheme's alleged mastermind, Pradeep Saklani, who revealed the names of accomplices.
West Bengal minister Agnimitra Paul announced the BJP government's commitment to women's empowerment and the continuation of welfare schemes. The 'Annapurna Bhandar' scheme will be accessible through an online portal, ensuring ease of application for all women in Bengal. Chief Minister Suvendu Adhikari has directed officials to implement the scheme and free bus travel for women, while also assuring that existing social welfare schemes will continue.
A Belagavi court has remanded Shivaanand Neelannavar, the alleged kingpin of a multi-crore ponzi scheme, to 10 days of CID custody for further investigation. The case involves an alleged fraud of nearly Rs 1,000 crore and affects around 35,000 investors.
Mizoram has long maintained one of the country's strictest prohibition regimes.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
A Delhi court has granted bail to six individuals accused in a scam related to the Delhi government's 'Jai Bhim Mukhyamantri Pratibha Vikas Yojana'. The court cited the principle that bail is the rule and denial is an exception.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
Haryana Chief Minister Nayab Singh Saini released over 2,115 crore directly into the bank accounts of beneficiaries under various welfare schemes, benefiting over 58 lakh eligible individuals.
Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.
The Special Operations Group (SOG) has uncovered a major fraud in the Rajasthan Government Health Scheme, involving doctors and a lab operator allegedly causing financial losses worth crores to the state exchequer.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new Retirement Income Scheme (RIS) and drawdown options under the National Pension System (NPS), offering greater flexibility for managing pension savings post-retirement. Additionally, PFRDA has eased annuity surrender rules, allowing exits in cases of critical illness or for older contracts with explicit surrender clauses.
The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.
Tamil Nadu Chief Minister Joseph Vijay has launched three key schemes focusing on electricity subsidies, women's safety, and drug eradication, fulfilling his election promises after his party's recent victory.
Two men have been arrested in Delhi for allegedly defrauding a resident of Rs 2 lakh through a fake online trading scheme.
Fraudsters in Thane, Maharashtra, allegedly duped 11 residents by promising low-cost housing under a government scheme and forging their credentials to open bank accounts for larger financial transactions.
Union Finance Minister Nirmala Sitharaman has accused the TMC government in West Bengal of preventing the implementation of central welfare schemes, depriving the state's residents of benefits such as Ayushman Bharat and PM Kisan.
The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
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.
Direct plans of mutual fund schemes added nearly 21 million individual investor folios in FY26 (as of February), surpassing regular plans' 15 million net additions, marking only the second time direct plans have outpaced regular plans in annual folio growth, despite turbulent equity markets.
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal by MMTC, challenging the settlement scheme between National Spot Exchange Ltd (NSEL) and its traders, affirming the earlier approval by the NCLT and the Supreme Court.
The announcement comes after a massive fire ripped through the Flourish Stay B&B on Wednesday morning, leaving 21 people dead, including 11 foreign nationals, and several injured.
Ten Indian nationals living illegally in the US have been indicted for conspiring to stage armed robberies at convenience stores to fraudulently obtain visas.
Villagers in Mathabhanga, West Bengal, have started receiving refunds of 'cut money' they paid to local toughs to access government scheme benefits during the previous TMC regime. The BJP claims this is due to their rise to power, while the TMC denies any involvement in the illegal collections.
The Indian government is set to revamp its Target Olympic Podium Scheme (TOPS), focusing on quarterly athlete evaluations and prioritising high medal-yielding sports like aquatics and cycling to improve performance at the Olympic Games.
BJP IT cell head Amit Malviya shared a video purportedly showing a TMC leader hiding from an angry crowd over alleged 'cut-money' extortion in West Bengal. The incident highlights growing public anger and demands for the return of money taken from beneficiaries of government schemes, with the TMC leadership denying involvement.
Union Minister Manohar Lal Khattar has directed officials to ensure transparency in the implementation of central and Haryana government welfare schemes, aiming to maximise their reach. He reviewed multiple schemes across various departments during a DISHA meeting in Karnal.
West Bengal minister Agnimitra Paul defended the detailed application form for the 'Annapurna Yojana', stating the government aims to ensure benefits reach only Indian citizens, amidst criticism over excessive documentation.
Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.
The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, where over one lakh investors were reportedly defrauded.
Union Power Minister Manohar Lal Khattar announced the Centre's readiness to release Rs 6 crore to Mizoram to strengthen its power sector. The announcement came during a meeting with BJP leaders in Aizawl, where issues concerning Mizoram, including pending central funds and housing schemes, were discussed.
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