News for '-development-authority'

400-tonne crane topples at Mumbai metro site; traffic hit

400-tonne crane topples at Mumbai metro site; traffic hit

Rediff.com1 days ago

A crane collapse at a Mumbai Metro construction site in BKC caused significant traffic disruptions, prompting swift action from MMRDA to restore normalcy and investigate the cause of the accident.

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Rediff.com6 days ago

The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.

Why Indian Football Team Was Barred From Press Conference Venue

Why Indian Football Team Was Barred From Press Conference Venue

Rediff.com26 Mar 2026

The Indian men's senior football team and their head coach were denied entry to a press conference at Jawaharlal Nehru Stadium in Kochi due to a payment dispute between the Kerala Football Association and the stadium owners.

LIC Offices Open on Tuesday Following Irdai Advisory

LIC Offices Open on Tuesday Following Irdai Advisory

Rediff.com30 Mar 2026

LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.

Fraudsters Exploit MHADA Scheme, Cheat Thane Residents

Fraudsters Exploit MHADA Scheme, Cheat Thane Residents

Rediff.com30 Mar 2026

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.

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com30 Mar 2026

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

Mumbai Metro network expands with launch of two new lines

Mumbai Metro network expands with launch of two new lines

Rediff.com7 Apr 2026

Mumbai's metro network has expanded with the inauguration of the first phases of Metro Line 9 and Line 2B, promising improved connectivity and reduced travel times for commuters.

Court Orders Summons for Ex-Maharashtra DGP in MHADA Fraud Case

Court Orders Summons for Ex-Maharashtra DGP in MHADA Fraud Case

Rediff.com29 Mar 2026

A Mumbai sessions court has directed a magistrate to issue summonses to former Maharashtra DGP Satish Mathur and other senior officers for allegedly not registering an FIR in a MHADA fraud case.

Karnataka Forest Officer Under Scrutiny for Alleged Disproportionate Assets

Karnataka Forest Officer Under Scrutiny for Alleged Disproportionate Assets

Rediff.com7 Mar 2026

Karnataka Lokayukta Police conducted searches at multiple locations linked to a government official, Dalesh A L, accused of possessing disproportionate assets, unearthing properties worth approximately Rs 3.08 crore.

Family Bids Farewell to Harish Rana After Landmark Euthanasia Case

Family Bids Farewell to Harish Rana After Landmark Euthanasia Case

Rediff.com26 Mar 2026

The family of Harish Rana, who was granted permission for passive euthanasia by the Supreme Court, immersed his ashes in the Ganga River, marking the end of a 13-year ordeal following a tragic accident.

Unidentified Man Discovered Dead in East Delhi Vacant Plot

Unidentified Man Discovered Dead in East Delhi Vacant Plot

Rediff.com10 Mar 2026

A 31-year-old man, identified as Puspendra, was found dead in a vacant Delhi Development Authority (DDA) plot in east Delhi. Police are investigating the circumstances surrounding his death, with no immediate signs of foul play.

ED Files Chargesheet Against Jharkhand Engineers in Rural Development Scam

ED Files Chargesheet Against Jharkhand Engineers in Rural Development Scam

Rediff.com18 Mar 2026

The Enforcement Directorate (ED) has filed a fresh chargesheet against retired and serving Jharkhand government engineers and officials in a money-laundering case linked to alleged irregularities in the state's rural development department.

India Plans to Revive Formula One with Driver Development Program

India Plans to Revive Formula One with Driver Development Program

Rediff.com11 Mar 2026

India's Sports Minister Mansukh Mandaviya is pushing to revive Formula One racing in the country, focusing on creating a strong pipeline of drivers and technicians. Discussions with the Federation of Motor Sports Clubs of India (FMSCI) have centered on developing a comprehensive framework to integrate motorsports with India's automotive and engineering sectors.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 Mar 2026

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

Maha cabinet clears land policy for 'third Mumbai' push

Maha cabinet clears land policy for 'third Mumbai' push

Rediff.com10 Feb 2026

The Maharashtra cabinet has approved a land acquisition and allotment policy for development projects in the 'Third Mumbai' area near the Mumbai Trans Harbour Link (Atal Setu), along with other key infrastructure and development initiatives across the state.

Adani Group plans to revive Formula 1 at Buddh Circuit

Adani Group plans to revive Formula 1 at Buddh Circuit

Rediff.com21 Feb 2026

The Adani Group is exploring strategies to revive Formula 1 racing at the Buddh International Circuit in Greater Noida, with Karan Adani expressing strong interest in bringing the sport back to India.

Jhuggi residents near PM's residence to vacate, will shift to new houses

Jhuggi residents near PM's residence to vacate, will shift to new houses

Rediff.com21 Feb 2026

Residents of three jhuggi-jhopri (JJ) clusters near the prime minister's residence in Delhi have been asked to vacate their premises after the Centre allotted them permanent houses under a rehabilitation plan.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

One Snapshot To Track Your Savings, Investments

One Snapshot To Track Your Savings, Investments

Rediff.com30 Jan 2026

Sebi is working with other regulators to expand the CAS framework.

Mumbai: Parapet segment of Metro bridge crashes; 1 dead, 3 injured

Mumbai: Parapet segment of Metro bridge crashes; 1 dead, 3 injured

Rediff.com15 Feb 2026

The incident took place around 12:20pm on the arterial LBS Road in front of Johnson and Johnson factory in Mulund area.

Formula 1 set for India comeback!

Formula 1 set for India comeback!

Rediff.com2 Feb 2026

The Sports Ministry is keen to bring Formula 1 back to the Buddh International Circuit in Noida in the near future.

Sebi calls for sharper IPO disclosures on risk factors, valuation rationale

Sebi calls for sharper IPO disclosures on risk factors, valuation rationale

Rediff.com16 Jan 2026

Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Thursday called for sharper disclosures in IPO (initial public offering) offer documents, particularly around risk factors, valuation rationale, objects of the issue, and utilisation of proceeds.

SC hears Army's plea against hospital near Indo-Bangladesh border

SC hears Army's plea against hospital near Indo-Bangladesh border

Rediff.com15 Jan 2026

The Indian Army has raised concerns in the Supreme Court regarding the construction of a multi-speciality hospital near the Indo-Bangladesh border in Assam, citing potential security risks from drone movement and long-range sniper rifles. The court is seeking a balance between public health needs and national security.

Planning To Invest In NPS Vatsalya?

Planning To Invest In NPS Vatsalya?

Rediff.com5 Feb 2026

NPS Vatsalya offers a disciplined investment avenue that parents can use to create intergenerational wealth by contributing even small sums.

Economic Syrvey flags India's siloed city governance model

Economic Syrvey flags India's siloed city governance model

Rediff.com31 Jan 2026

Through policy interventions, Indian cities need to be reimagined as a network of inter-connected assets and services which serve to strengthen the social contract between citizens and their cities by improving their quality of life, the Economic Survey has flagged.

Commission structure in life insurance sector may change

Commission structure in life insurance sector may change

Rediff.com8 Jan 2026

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease acquisition costs. The recommendations will be sent to the insurance regulator -- Insurance Regulatory and Development Authority of India (Irdai).

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Greater Noida: Several fall ill after drinking tap water

Greater Noida: Several fall ill after drinking tap water

Rediff.com8 Jan 2026

Several residents of Greater Noida's Delta 1 Sector fell ill after allegedly consuming contaminated drinking water, prompting health concerns and complaints of sewage mixing with the supply line, officials and residents said.

Housing top reason for partial withdrawals under NPS in FY25

Housing top reason for partial withdrawals under NPS in FY25

Rediff.com31 Dec 2025

The highest number of requests was reported for the purchase or construction of residential houses, which stood at 172,625, of which 155,236 were settled, involving an amount of Rs 1,327.91 crore partial withdrawals under the National Pension System (NPS) in FY 2024-25, according to data from the Pension Fund Regulatory and Development Authority (PFRDA) annual report released this month.

Stricter safeguards on cards for life funds

Stricter safeguards on cards for life funds

Rediff.com16 Dec 2025

The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.

100% FDI in insurance likely soon

100% FDI in insurance likely soon

Rediff.com13 Dec 2025

The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

New market code may constrain Sebi funding

New market code may constrain Sebi funding

Rediff.com29 Dec 2025

As the government moves to revamp India's securities legislation, unifying three different laws into the Securities Markets Code (SMC), regulatory experts and market insiders have raised concerns on potential funding challenges for the stock market regulator.

Karnataka cabinet approves bills on hate speech, cattle slaughter

Karnataka cabinet approves bills on hate speech, cattle slaughter

Rediff.com4 Dec 2025

The Karnataka cabinet has approved eight draft bills, including those addressing hate speech, cattle slaughter, and social boycott, to be tabled in the upcoming legislative session.

New Insurance Amendment Bill: Intermediaries with high commissions may see payouts drop

New Insurance Amendment Bill: Intermediaries with high commissions may see payouts drop

Rediff.com29 Dec 2025

Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.

The New Study Abroad Hotspot For Indian Students...

The New Study Abroad Hotspot For Indian Students...

Rediff.com23 Dec 2025

MEA data show that the number of Indian students in the UAE in 2025 was 253,832, just behind the United States with 255,447 students, and Canada being on top at 427,085.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

Insurance industry flags concerns over proposed Insurance Amendment Bill

Insurance industry flags concerns over proposed Insurance Amendment Bill

Rediff.com24 Dec 2025

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.

Newlywed bride seeks divorce, says groom 'physically incapable'

Newlywed bride seeks divorce, says groom 'physically incapable'

Rediff.com10 Dec 2025

The bride's family claims a subsequent medical report confirmed that the groom "cannot become a father", prompting them to demand the return of gifts and wedding expenses.

Jailed cleric linked to 'I Love Muhammad' row booked in land grab case

Jailed cleric linked to 'I Love Muhammad' row booked in land grab case

Rediff.com14 Dec 2025

Maulana Tauqeer Raza, already jailed for his involvement in the 'I Love Muhammad' row, has been booked along with nine others for allegedly threatening a 95-year-old man and his family over a land dispute in Bareilly. The family alleges harassment, molestation, and attempted land grabbing, leading to a suicide attempt by the victim's son.