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The Enforcement Directorate on Monday booked Karnataka Chief Minister Siddaramaiah and some others in a money-laundering case linked to the Mysuru Urban Development Authority, taking cognisance of a recent state Lokayukta first information report (FIR), official sources said.
Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.
Health insurance claims are often denied due to exclusions in policy terms. Buyers frequently overlook the fine print or misinterpret clauses.
Let's Make Savings As Exciting As Spending. This World Savings Day, rediffGURUS Nitin Narkhede, Milind Vadjikar and Ramalingam Kalirajan are all set to answer your queries on savings and investments.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Maharashtra Chief Minister Eknath Shinde on Sunday said the state assembly polls are expected to be held in the second week of November and seat-sharing among the ruling allies would be finalised in the next 8 to 10 days.
Protesters in Imphal, Manipur stormed the residences of two ministers and three MLAs, demanding justice for the murder of three people in Jiribam district. The mob attacks prompted authorities to impose curfew in Imphal West district. The protests followed the discovery of three bodies, suspected to be of six missing people from Jiribam district, near the Manipur-Assam border.
The MUDA office in Mysuru and some other locations are being raided by the federal probe agency officials along with an escort of a central paramilitary force, the sources said.
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
Krishna was unable to attend the court on Tuesday as he had to appear before the Lokayukta police following a notice issued to him by the investigation officers probing the MUDA site allotment case against Karnataka Chief Minister Siddaramaiah and others, sources close to him said.
'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
The Karnataka CM is facing allegations of illegalities in the allotment of 14 sites to his wife Parvathi B M by the Mysuru Urban Development Authority (MUDA).
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World No. 4 Indian Arjun Erigaisi beat compatriot Vidit Gujrathi after five hours of end-to-end action in the opening round of the Chennai Chess Grand Masters 2024 in Chennai on Monday.
Chief Justice of India Sanjiv Khanna has recused himself from hearing pleas related to the alleged illegal felling of hundreds of trees in the Delhi Ridge area. The decision comes after a previous bench, led by former CJI D Y Chandrachud, sought a personal affidavit from Delhi Lieutenant Governor V K Saxena in the case, which also sought contempt proceedings against certain DDA officials. CJI Khanna stated that his prior involvement with the Delhi LG while serving as the NALSA chairman would make it inappropriate for him to hear the plea. The bench has ordered the listing of the pleas before a different bench starting November 27.
In a significant verdict, the Supreme Court on Tuesday upheld the validity of land acquisition for the integrated development of the Yamuna Expressway and its adjoining areas in Gautam Budh Nagar, Uttar Pradesh.
The Lokayukta police have summoned Karnataka Chief Minister Siddaramaiah for questioning in the Mysuru Urban Development Authority (MUDA) site allotment case on November 6, official sources said on Monday.
The chief minister submitted that the sanction order was issued without due application of mind, in violation of statutory mandates, and contrary to constitutional principles, including the advice of the Council of Ministers, which is binding under Article 163 of the Constitution of India.
The Supreme Court on Wednesday rejected the Centre's plea for prospective effect of its July 25 verdict, which upheld the power of states to levy tax on mineral rights and mineral-bearing land, and allowed them to seek refund of royalty from April 1, 2005 onwards.
According to IRDAI, Marsh India had held the premium received from the clients in an Insurance Bank Account for more than 15 days and did not remit the premium to the insurer/reinsurer within the time limit of 15 days.
Asked whether this was being done to "shield" the chief minister who is facing a probe in the Mysuru Urban Development Authority site allotment case, Patil said: "On CM there is a court order for Lakayukta probe, so there is no such question."
This plot, allotted to Sunil Gavaskar Cricket Foundation Trust, was returned to the state government by the cricket legend in May 2022.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Siddaramaiah is facing the Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.
The politician, Rao Nadeem, who is also a property dealer, did not attribute any reason for selling off his property.
In a letter to the Mysuru Urban Development Authority commissioner she said she was allotted the 14 alternative sites in the third and fourth phase of Vijayanagar in Mysuru against the usage of her three acres and 16 Guntas of land in Kesare village under Kasaba Hobli in Mysuru.
Evidence of several irregularities have been detected in the transfer of 14 sites by the Mysuru Urban Development Authority (MUDA) to B M Parvathi, the wife of Karnataka Chief Minister Siddaramaiah, according to the Enforcement Directorate.
The alarming level of life insurance policy misselling has caught the attention of policymakers amid efforts by the insurance regulator to boost insurance penetration, a top official from the Insurance Regulatory and Development Authority of India (Irdai) said on Tuesday. According to Satyajit Tripathy, member-distribution at Irdai, while life insurance grievances often relate to product issues, non-life insurance complaints typically concern claim payments and exclusions. Addressing these grievances is essential to increasing insurance penetration, he said.
As many as 3,800 bamboo and 36 projector lights worth over Rs 50 lakh installed on Bhakti Path and Ram Path, located in a high-security area in Ayodhya, were allegedly stolen, according to police.
Yadav took to social media and shared video clips and pictures of the deployment of security personnel, including police and rapid action force, with barricades near his house here, a stone's throw away from the Samajwadi Party headquarters.
According to police, a first information report (FIR) was registered under Sections 384 (punishment for extortion) and 120B (criminal conspiracy) read with 34 (acts done by several persons in furtherance of common intention) against Union minister Nirmala Sitharaman, Enforcement Directorate officials, office-bearers of the Bharatiya Janata Party at state and national level, based on the order of a special court.
Beleaguered Chief Minister Siddaramaiah's political credibility will be tested by the outcome of the three by-elections. And cries that he must resign will become shriller if the Congress loses them.
Karnataka state Bharatiya Janata Party president B Y Vijayendra and Deputy Chief Minister D K Shivakumar's brother D K Suresh called on state minister Satish Jarkiholi separately on Monday, triggering political speculation.
In a significant verdict, the Supreme Court by a majority of 7:2 on Tuesday held all private properties cannot form part of "material resources of the community" empowering states to take them over for distribution to serve "common good" under the Constitution.
The move by Congress president Mallikarjun Kharge's son Rahul Kharge comes close on the heels of Chief Minister Siddaramaiah's wife Parvathi returning the 14 sites to Mysuru Urban Development Authority after the Lokayukta police registered a case against Siddaramaiah, his wife and brother-in-law.
With several state administrations flattening the houses of those involved in criminal cases with bulldozers, the Supreme Court on Monday questioned how can anybody's house be demolished just because he is an accused.
According to the government, the additional chief secretary of the state housing department is designated to sign an agreement with the Union government for the land lease transfer.