Search results for 'cut money'

Bengal Villagers Recover 'Cut Money' Paid During TMC Rule

Bengal Villagers Recover 'Cut Money' Paid During TMC Rule

Rediff.com2 Jun 2026

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.

West Bengal's 'Cut-Money' Scandal: TMC Leader Hides From Angry Mob

West Bengal's 'Cut-Money' Scandal: TMC Leader Hides From Angry Mob

Rediff.com4 Jun 2026

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.

Air India May Restore Flight Cuts

Air India May Restore Flight Cuts

Rediff.com3 days ago

'We may be able to wind back some of the schedule reductions we'd taken in recent months.'

BJP Leader Joins Protest Against Rebel TMC MLA Sandeepan Saha Over Land Grabbing

BJP Leader Joins Protest Against Rebel TMC MLA Sandeepan Saha Over Land Grabbing

Rediff.com4 Jun 2026

BJP leader Priyanka Tibrewal joined a protest in Kolkata against rebel TMC MLA Sandeepan Saha and his father, Swarna Kamal Saha, over allegations of land grabbing and extortion. The protest highlighted public resentment against the duo, who are accused of demanding "cut money." Sandeepan Saha is also part of a TMC rebel faction that has sought recognition as a separate bloc.

Stock markets today: Sensex, Nifty tumble as IT stocks plunge Accenture's guidance cut

Stock markets today: Sensex, Nifty tumble as IT stocks plunge Accenture's guidance cut

Rediff.com19 Jun 2026

Indian benchmark indices Sensex and Nifty experienced a significant downturn in early trade, ending a five-day rally, primarily due to heavy selling in IT firms following a revenue growth guidance cut by global consulting giant Accenture.

Adhikari Pledges Economic Revival, Improved Law And Order In Bengal

Adhikari Pledges Economic Revival, Improved Law And Order In Bengal

Rediff.com13 Jun 2026

West Bengal Chief Minister Suvendu Adhikari outlined his government's priorities, focusing on strengthening the state's economy, attracting investment to create jobs, and improving law and order. He criticised the previous administration for alleged corruption and appeasement politics, while highlighting initial successes in border management and reducing criminal activities.

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

Rediff.com17 Jun 2026

Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.

Top Tennis Players End Wimbledon Media Boycott After Talks

Top Tennis Players End Wimbledon Media Boycott After Talks

Rediff.com1 days ago

Top tennis players have agreed to resume media duties at Wimbledon after constructive talks with organisers, despite core issues regarding prize money and player welfare remaining unresolved. Players had initially cut short pre-tournament media duties to protest for a larger share of Grand Slam revenue and greater say in decision-making.

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

Rediff.com1 Jun 2026

India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.

When Raakh Reminded Me Of Horrific College Memory

When Raakh Reminded Me Of Horrific College Memory

Rediff.com1 days ago

Ramesh is not in our class group photo. He had already vanished from school by the time it was taken. We didn't know why then. A few weeks later, we did, recalls Binu Alex.

Passenger Vehicle Dispatches Hit Record High in May, Driven by GST Cuts

Passenger Vehicle Dispatches Hit Record High in May, Driven by GST Cuts

Rediff.com15 Jun 2026

Domestic passenger vehicle dispatches in India surged by 27.3 per cent year-on-year to a record 4,38,854 units in May, driven by reduced GST rates and easier financing, according to the Society of Indian Automobile Manufacturers (SIAM).

'No one will be spared': Adhikari blames ex-mayor Hakim for warehouse collapse

'No one will be spared': Adhikari blames ex-mayor Hakim for warehouse collapse

Rediff.com5 days ago

West Bengal Chief Minister Suvendu Adhikari has alleged that the building plan for the collapsed Kolkata warehouse, which killed 10 people, was approved despite a faulty design and bears the signature of former mayor and TMC leader Firhad Hakim. Adhikari announced Rs 10 lakh compensation for the deceased's families and Rs 1 lakh for the injured, while also suspending all construction work in the Kolkata Metropolitan Area for four weeks for an audit of sanctioned plans.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

Innovators Invited To Transform Agriculture With AI Solutions

Innovators Invited To Transform Agriculture With AI Solutions

Rediff.com1 days ago

IIT Ropar's ANNAM.AI, in collaboration with Syngenta and Google, has launched 'HACK CORE 2026', a national AI hackathon. It invites innovators to develop AI-driven solutions for critical agricultural challenges like crop health, pest management, and climate-resilient farming, offering significant prizes and mentorship.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com7 days ago

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

Hand over Bangladeshi infiltrators to BSF, not courts, Suvendu tells police

Hand over Bangladeshi infiltrators to BSF, not courts, Suvendu tells police

Rediff.com21 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that Bangladeshi infiltrators detained in the state will be directly handed over to the BSF for deportation, bypassing court appearances, following a new rule.

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

Stock Markets Today: Sensex, Nifty Pare Early Losses

Stock Markets Today: Sensex, Nifty Pare Early Losses

Rediff.com18 Jun 2026

Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.

Ab Hoga Hisaab Review: Muddled Revenge Drama

Ab Hoga Hisaab Review: Muddled Revenge Drama

Rediff.com18 Jun 2026

Dive into the chaotic world of Ab Hoga Hisaab, a revenge drama that attempts to weave a complex narrative of crime and retribution but often loses its way amidst a multitude of bizarre subplots, notes Deepa Gahlot.

Air India introduces basic fare category without complimentary meals

Air India introduces basic fare category without complimentary meals

Rediff.com17 Jun 2026

Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

Rediff.com29 May 2026

The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve durability, and reduce production costs, with a pilot project expected soon.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

Why Long-Duration Funds Are Losing Money

Why Long-Duration Funds Are Losing Money

Rediff.com21 Apr 2026

'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

Airbound, Andhra sign MoU to build large-scale drone delivery network

Airbound, Andhra sign MoU to build large-scale drone delivery network

Rediff.com4 days ago

The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.

The Silent Storm: Mercedes-Benz Launches Its First Ever Plug-In Hybrid S-Class in India

The Silent Storm: Mercedes-Benz Launches Its First Ever Plug-In Hybrid S-Class in India

Rediff.com16 Jun 2026

Say hello to the S 450 e Launch Edition. Priced at 2.20 crore upwards.

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com17 Jun 2026

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

Rediff.com2 days ago

As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.

TMC Leader Banerjee Challenges Amit Shah on Infiltration Concerns

TMC Leader Banerjee Challenges Amit Shah on Infiltration Concerns

Rediff.com10 Apr 2026

Senior TMC leader Abhishek Banerjee has criticised Union Home Minister Amit Shah over his repeated claims about infiltration in West Bengal, questioning the ministry's failure to prevent terror attacks and raising questions about the status of former Bangladesh PM Sheikh Hasina.

India Owes Iran $7 Billion!

India Owes Iran $7 Billion!

Rediff.com17 Jun 2026

Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.

Amit Shah Leads Massive Roadshow in Kharagpur, West Bengal

Amit Shah Leads Massive Roadshow in Kharagpur, West Bengal

Rediff.com10 Apr 2026

Union Home Minister Amit Shah participated in a roadshow in Kharagpur Sadar, West Bengal, attracting large crowds and highlighting the BJP's campaign efforts in the region ahead of the assembly elections.

MIT-WPU Researchers Create Innovative Noise-Reducing Industrial Enclosure

MIT-WPU Researchers Create Innovative Noise-Reducing Industrial Enclosure

Rediff.com9 Jun 2026

Researchers at MIT World Peace University (MIT-WPU) Pune have developed a new protective enclosure for industrial abrasive saw machines. This innovative technology significantly reduces noise levels by up to 20 dB(A) while also containing sparks, dust, and flying debris, enhancing worker safety and welfare.

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Rediff.com15 May 2026

The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com16 May 2026

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

8 Air Coolers To Survive This Summer

8 Air Coolers To Survive This Summer

Rediff.com12 Jun 2026

If you're planning an upgrade before the next heatwave hits full swing, here are 8 air coolers for this summer.

Govt Cuts Airport Charges By 25%

Govt Cuts Airport Charges By 25%

Rediff.com9 Apr 2026

Civil Aviation Minister Ram Mohan Naidu said the reduction in airport charges is aimed at containing airfare increases and supporting both airlines and passengers.