Currently, deposits of up to Rs 5 lakh are covered under the deposit-insurance scheme.
The Karnataka government has withdrawn its order directing the Criminal Investigation Department to probe possible lapses and dereliction of duty by police officers at Kempegowda International Airport in Bengaluru in connection with actor Ranya Rao's gold smuggling case. The CID probe order was issued on Monday night. A subsequent order on Wednesday withdrawing the CID investigation stated that Additional Chief Secretary Gaurav Gupta is already probing the possible role of Ranya's stepfather, K Ramachandra Rao, a DGP-rank officer, in the case. Gupta's inquiry will focus on the facts and circumstances leading to the misuse of protocol-related facilities and Rao's involvement in the case. Recently, gold bars worth Rs 12.56 crore were seized from Ranya at Kempegowda International Airport here. The next day, officials said, searches were conducted at her residence where gold jewellery worth Rs 2.06 crore and Rs 2.67 crore in cash were recovered.
The Communist Party of India (Marxist) has issued a note to its state units on the draft political resolution for the upcoming party congress. The note says the party does not consider the Narendra Modi government or the Indian State as "neo-fascist", even as there are manifestations of "neo-fascist characteristics". The note clarifies that the party is not calling the Modi government "neo-fascist", but is concerned about the dangers of the BJP-RSS consolidating power and pushing a Hindutva-corporate agenda. The CPI(M) distinguishes between "neo-fascism", which it describes as a global phenomenon rooted in the crisis of neoliberalism, and classical fascism.
Karnataka Chief Minister Siddaramaiah announced reservation for Muslims in supplying goods and services up to a value of Rs 1 crore to various government departments, corporations and institutions in the state budget for 2025-26. The budget also increased the value limit of government contracts in which Muslims can avail reservation to Rs 2 crore. The reservation to Muslims under 2B category is in addition to the Scheduled Caste, Scheduled Tribe, and Castes coming under Category-1, Category-2A. The budget also included various welfare schemes for minorities, including Rs 50,000 to support simple marriages and Rs 1,000 crore under the Chief Minister's Minority Colony Development Programme.
The Indian government has said that social media platform X will be held responsible for content generated by its artificial intelligence tool Grok. This comes after users on X asked Grok questions about Indian politicians and the AI platform responded with "unpalatable" answers. The government is currently in discussion with X to understand and assess how Grok works. The government has previously taken action against social media platforms for AI-generated content that has been deemed offensive. In this case, the government is considering holding X accountable for Grok's content, even though it is generated by an AI tool. The government's stance is likely to have implications for other social media platforms that use AI tools.
The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.
The Centre said as a matter of judicial review, the court could declare the provisions to be unconstitutional, however, the relief sought by the petitioner effectively sought to read "life-long" instead of "six years" in all sub-sections of Section 8 of the Act.
An Indian woman sentenced to death in Abu Dhabi for the alleged murder of a four-month-old child has been executed on February 15, the Delhi High Court was informed on Monday. The woman, Shahzadi Khan, was handed over to the Abu Dhabi police on February 10, 2023 and sentenced to death on July 31, 2023. Her father, Shabbir Khan, had filed a petition seeking information about her well-being. The court was informed that the woman's last rites will be held on March 5.
Of the 156 LCH, 90 would be for the Indian Army while 66 would be for the Indian Air Force.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The Karnataka Industrial Area Development Board (KIADB) has confirmed that Kannada actor Ranya Rao, recently arrested for gold smuggling, was allotted 12 acres of industrial land in 2023 by the previous BJP government for setting up a steel plant. The allocation was approved during a state-level meeting in January 2023, when the BJP was in power. The Congress government, which came to power after the May 2023 elections, has released documents confirming the land allotment. Ranya Rao was arrested after gold bars worth Rs 12.56 crore were seized from her at Bengaluru airport.
The editorial, titled "Ahimsa Award for the Executioner?", criticized Congress leader Shashi Tharoor for praising the entrepreneurial growth of Kerala under the Left government. It argued that it was "suicidal" to weaken the party from within when the Congress was actively opposing the shortcomings of the LDF government. The editorial also criticized Tharoor's positive remarks on Prime Minister Narendra Modi's recent US visit, calling it a mere gesture by two administrators to improve their image.
Opposition parties in India have demanded the resignation of Railway Minister Ashwini Vaishnaw after a stampede at New Delhi railway station killed 18 people. They blamed the government for "gross mismanagement" and accused them of "covering up" the death toll. The stampede occurred on Saturday night as passengers rushed to board trains for the Maha Kumbh festival in Prayagraj. The Congress, the Left, Trinamool Congress, and the Rashtriya Janata Dal have all criticized the government's handling of the situation, while BJP leaders have defended the government. The incident has highlighted the failure of the Railways and the government to make adequate arrangements for the large number of devotees travelling to Prayagraj.
The Information and Broadcasting Ministry is examining the existing statutory provisions and the need for a new legal framework to regulate 'harmful' content amid complaints of 'obscenity and violence' being shown on digital platforms.
The Ministry of External Affairs (MEA) said it is verifying details of deportation flights to Panama and Costa Rica, which were undertaken as part of a bridge arrangement between the US and the respective governments. The MEA spokesperson said that India is in touch with the local authorities in Panama and Costa Rica to ensure the return of any Indian nationals who may have been deported.
The Supreme Court on Friday sought response of Maharashtra and Assam governments on a plea of YouTuber Ashish Chanchlani seeking to quash or transfer to Mumbai a first information report (FIR) registered in Guwahati in connection with a case of allegedly promoting obscenity in an online show.
A students' organization in Madhya Pradesh has demanded an inquiry after a woman, recently selected in the government service in the disabled quota, was seen dancing in a viral social media video. The woman, however, denied any irregularity in her appointment, claiming that she suffers from 45 percent disability due to bone-related problems. She stated that she is able to walk and even dance for short periods due to implants from surgery following a serious hip injury.
While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.
After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL director (finance) Vetsa Ramakrishna Gupta and its director (refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
The Indian government has defended the use of Amritsar as a deportation hub for US flights carrying Indian deportees, despite objections from Punjab Chief Minister Bhagwant Mann. Government sources said Punjab has the highest number of deportees among Indian states, with 126 out of 333 people deported since February 5. The sources added that 23 flights carrying Indian deportees have arrived in the country since May 2020, all landing in Amritsar. The move has sparked controversy, with opposition parties protesting the treatment meted out to the deportees and demanding that the Indian government take up the issue with the US. Mann has accused the Centre of trying to defame Punjab and said a holy city like Amritsar should not be made a "deport centre".
The Uttar Pradesh government has said that over 65 crore people visited the sacred site in Prayagraj since the Maha Kumbh began on January 13.
"Anybody unhappy with Elon? If you are, then we'll throw them out of here," Trump said
Ramachandra Rao is presently serving as the Managing Director of the Karnataka State Police Housing and Infrastructure Development Corporation.
According to the Department of Pharmaceuticals' annual report for 2024-25, India imported medical devices worth $8.1 billion, while exports stood at $3.7 billion in the financial year 2023-24 (FY24)
A deadly terror attack targeting tourists in Jammu and Kashmir's Pahalgam on Tuesday drew strong condemnation and outrage. 26 people, including two foreigners and two locals, were killed in the attack, which is the deadliest in the Valley since the Pulwama strike in 2019. Prime Minister Narendra Modi asserted that the perpetrators will not be spared and their evil agenda will never succeed. Opposition leaders demanded accountability, claiming the government's claims of normalcy in Kashmir have fallen flat.
The Ganga water at the Triveni Sangam in Prayagraj, where lakhs of people are taking a holy dip every day during the ongoing Maha Kumbh, is currently unsafe for bathing as it exceeds the prescribed limit for biological oxygen demand (BOD), a key parameter to determine water quality, according to government data.
Allahbadia faced backlash from all quarters after his distasteful comment on parents and sex on comedian Samay Raina's YouTube reality show India's Got Latent went viral on social media on Monday.
If there is a misleading news, it will be clarified in real-time. If there is a negative news, clarification will be given expeditiously, it said.
The Uttar Pradesh government has informed the Supreme Court that the disputed "private well" near the Mughal-era Jama Masjid mosque in Sambhal was situated on public land. The state government said the petitioner failed to disclose there was a well within the boundary walls of the mosque known locally as "yagna koop". The committee, in a spot inspection, found that the well was situated outside the mosque boundary wall, the report said. The report said the state was committed to ensuring peace and harmony in the region and any restraint on the use of such public wells by the community at large may not help in achieving that goal.
Ahead of the introduction of bills on holding simultaneous polls, the government Tuesday said the concept is not new to the country.
The Finance Ministry's annual report has revealed that the US Agency for International Development (USAID) funded seven projects worth USD 750 million in India during the 2023-24 fiscal year. The projects, implemented in partnership with the Indian government, cover areas like agriculture and food security, water and sanitation, renewable energy, disaster management, health, sustainable forests, and climate adaptation. This disclosure comes amidst controversy over USAID's alleged role in influencing Indian elections, with claims that the agency allocated USD 21 million to India for 'voter turnout'. However, the report clarifies that no funds were dedicated to enhancing voter turnout.
The time limit is proposed to be extended from the current two years to four years.
For the first time, the government is likely to dip into the Oil Industry Development Fund (OIDF) to finance part of its fertiliser subsidy programme for 2025-26, according to official sources. The finance ministry has accounted for Rs 23,000 crore in the FY26 Budget as net additional resources to be drawn from dedicated reserve funds, including the OIDF, the Agriculture Infrastructure and Development Fund, and the Universal Service Obligation Fund.
In view of the 'unidentified illness' in Rajouri's Badhal village, the village has been declared a containment zone, and the affected families' homes sealed; a few patients brought to Government Medical College (GMC) in Rajouri on Thursday.
A team of experts involved in rescuing eight people trapped in a partially collapsed tunnel in Telangana have reached the end of the tunnel, but debris is hindering further progress. The rescue operation, described as one of the most complex in the world, continues with experts from the Indian Army, Navy, NDRF, and GSI working tirelessly to find a breakthrough. Despite continuous efforts and oxygen pumping, there has been no contact with the trapped individuals.
Several opposition MPs in India have criticized the government's handling of the deportation of Indian citizens from the United States, questioning the treatment they received. A US military aircraft carrying 104 Indian immigrants landed in Amritsar, India, on Wednesday, marking the first batch of Indians deported by the Donald Trump administration as part of a crackdown on illegal immigration. The deportees reported being handcuffed throughout the journey, sparking protests from opposition leaders who staged a demonstration in Parliament wearing handcuffs. While the government maintains it will address the issue at a later time, opposition members condemned the treatment of the Indians and questioned the government's handling of the situation.
The Tamil Nadu government has argued in the Supreme Court that Governor R N Ravi's repeated withholding of assent to bills passed by the state legislative assembly would lead to the failure of the democratic system in India. The top court has questioned the delay by the Governor in granting assent to several bills passed by the state assembly and asked why governors should wait for parties to move the court with their grievances. The court has also said that the Governor cannot refer bills passed by the legislature and re-adopted by it for presidential assent.
"Are you waiting for some muhurat," the Supreme Court remarked on Tuesday as it came down heavily on the Assam government for keeping people declared as foreigners in detention centres indefinitely rather than deporting them.
President Droupadi Murmu has approved the registration of an FIR against AAP leaders Manish Sisodia and Satyendar Jain in an alleged scam of Rs 2,000 crore in the construction of classrooms in Delhi government schools. The alleged scam involves the construction of around 12,748 classrooms at an inflated cost, according to a report by the Anti-Corruption Bureau (ACB) of the Delhi government. The ACB report alleged that the classrooms were constructed at a rate of Rs 8,800 per square feet, whereas the average construction cost was around Rs 1,500 per square feet. The President's approval came under Section 17A of the Prevention of Corruption Act.