News for 'AI Concerns and Fund'

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Kerala Officer Arrested For Alleged Rs 3.57 Crore Women's Scheme Scam

Rediff.com8 Jun 2026

A former industries extension officer in Thiruvananthapuram has been arrested by the Vigilance and Anti-Corruption Bureau (VACB) for allegedly misappropriating Rs 3.57 crore from a self-employment scheme for women. The officer, Praveen Raj T R, is also implicated in two other similar cases involving significant amounts.

Dev Seeks Assurance On Ghatal Master Plan From West Bengal CM

Dev Seeks Assurance On Ghatal Master Plan From West Bengal CM

Rediff.com9 Jun 2026

Trinamool Congress MP Deepak Adhikari, also known as Dev, has urged West Bengal Chief Minister Suvendu Adhikari to expedite the long-pending Ghatal Master Plan, a crucial flood-management project for his constituency. Dev received assurances that the project, aimed at mitigating annual floods in the low-lying Ghatal area, would be taken forward, with hopes for budget allocation by the BJP government.

'This Isn't Day One Of AI; It Is Hour One'

'This Isn't Day One Of AI; It Is Hour One'

Rediff.com20 Feb 2026

'When a technology is this fundamental, a country should have its own version of it, rather than relying on whether someone else chooses to build it for you.'

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Rediff.com4 Jun 2026

A 41-year-old man in Thane has alleged that four individuals kidnapped him, assaulted him, and forced him to transfer Rs 47.25 lakh, blaming him for stock market losses incurred by their clients. The accused are middlemen who invested through the complainant.

How CBI Is Tackling Widespread Builder-Banker Fraud

How CBI Is Tackling Widespread Builder-Banker Fraud

Rediff.com8 Jun 2026

The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.

How CBI Is Tackling Widespread Builder-Banker Fraud

How CBI Is Tackling Widespread Builder-Banker Fraud

Rediff.com8 Jun 2026

The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Rediff.com15 Apr 2026

Union Home Minister Amit Shah pledged the BJP will recover funds allegedly stolen by the TMC in Bengal and promised development schemes for North Bengal, while attacking Mamata Banerjee's governance.

Stock Markets Today: Sensex, Nifty Decline Amid US-Iran Tensions

Stock Markets Today: Sensex, Nifty Decline Amid US-Iran Tensions

Rediff.com2 Jun 2026

Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.

Amit Shah Promises Action on Infiltration and Gorkha Concerns in West Bengal

Amit Shah Promises Action on Infiltration and Gorkha Concerns in West Bengal

Rediff.com15 Apr 2026

Union Home Minister Amit Shah addressed rallies in West Bengal, promising to address infiltration issues, resolve the Gorkha issue, and tackle corruption if the BJP wins the upcoming elections.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com31 May 2026

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

West Bengal To Restart Rural Employment Scheme In Most Districts

West Bengal To Restart Rural Employment Scheme In Most Districts

Rediff.com27 May 2026

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.

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Rediff.com2 Jun 2026

The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.

CBI Files Chargesheet In Builder-Banker Nexus Case

CBI Files Chargesheet In Builder-Banker Nexus Case

Rediff.com8 May 2026

The CBI has filed a chargesheet against Shubhkamna Buildtech Pvt Ltd and its directors, its sixth in the Supreme Court-directed probe into the builder-banker nexus case, officials said Friday.

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Rediff.com20 Mar 2026

The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.

Punjab SDM Arrested Over Highway Project Embezzlement

Punjab SDM Arrested Over Highway Project Embezzlement

Rediff.com16 May 2026

A sub-divisional magistrate (SDM) posted in Punjab's Gurdaspur has been arrested in connection with the Rs 1.63 crore embezzlement of funds linked to land acquisition for a national highway project in 2018-2019.

Seven Face Charges in Kashmir Over Sarva Siksha Abhiyan Funds Misuse

Seven Face Charges in Kashmir Over Sarva Siksha Abhiyan Funds Misuse

Rediff.com8 Mar 2026

The Economic Offences Wing of the Crime Branch Kashmir has filed a chargesheet against seven individuals accused of misappropriating funds from the Sarva Siksha Abhiyan scheme, intended for school construction in the Kupwara district.

'AI Enablement Requires Engineering'

'AI Enablement Requires Engineering'

Rediff.com26 Dec 2025

'It requires tail layering and customising, and you can't just sprinkle your organisation with co-pilots and be done with it.'

Bihar man arrested for links to Pakistan arms smuggler

Bihar man arrested for links to Pakistan arms smuggler

Rediff.com23 May 2026

Bihar Police's Anti-Terrorist Squad (ATS) has arrested a Muzaffarpur resident for his alleged links with Pakistan-based arms smuggler Shahzad Bhatti's gang, seizing digital evidence indicating anti-India activities.

India's Anti-Doping Fight Gets Boost From Neeraj Chopra

India's Anti-Doping Fight Gets Boost From Neeraj Chopra

Rediff.com19 Jun 2026

Javelin thrower Neeraj Chopra has partnered with the Indian Olympic Association (IOA) to launch a "Clean Sports Campaign" aimed at combating doping in India. This initiative comes as India faces a serious doping problem, topping WADA's list of offenders, and seeks to educate athletes on anti-doping regulations and promote fair play. Chopra emphasised the importance of patience over quick gains through doping, highlighting the long-term damage it causes to athletes and the nation's sporting image.

Abhishek Banerjee Alleges Centre Starving West Bengal by Blocking Funds

Abhishek Banerjee Alleges Centre Starving West Bengal by Blocking Funds

Rediff.com5 Apr 2026

Trinamool Congress leader Abhishek Banerjee accuses the central government of withholding funds from West Bengal to punish voters for supporting the TMC, while highlighting state-led initiatives to support the population.

Delhi Police Arrests Gang For Robbery, Kidnapping

Delhi Police Arrests Gang For Robbery, Kidnapping

Rediff.com28 May 2026

Delhi Police arrested four men and apprehended two juveniles for allegedly abducting and robbing a man on Urban Extension Road-II in Outer North Delhi. The accused committed the crime to fund their partying and lavish spending.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Delhi CM Urges Transparency In Welfare Scheme Rollout

Delhi CM Urges Transparency In Welfare Scheme Rollout

Rediff.com27 May 2026

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.

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Rediff.com25 Mar 2026

An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Rediff.com17 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.

Malfunctioning CCTV Cameras Raise Safety Concerns in Delhi's MCD Schools

Malfunctioning CCTV Cameras Raise Safety Concerns in Delhi's MCD Schools

Rediff.com20 Mar 2026

A recent report reveals that a significant percentage of CCTV cameras installed in Municipal Corporation of Delhi (MCD) schools are non-functional, raising concerns about safety and surveillance.

In open letter to PM, Bernstein flags structural risks to growth

In open letter to PM, Bernstein flags structural risks to growth

Rediff.com24 Apr 2026

Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.

Delhi University Halts St Stephen's Ex-Principal's Absorption

Delhi University Halts St Stephen's Ex-Principal's Absorption

Rediff.com29 May 2026

Delhi University has directed St Stephen's College to halt the absorption of former principal John Varghese into the English department, citing violations of UGC regulations and procedural errors.

Case Filed Over Alleged PMAY Misappropriation In Maharashtra

Case Filed Over Alleged PMAY Misappropriation In Maharashtra

Rediff.com25 Apr 2026

A case has been registered against officials in Kaij Nagar Panchayat, Maharashtra, for allegedly misappropriating Rs 4.24 crore under the Pradhan Mantri Awas Yojana (PMAY). Funds meant for house construction were allegedly transferred to unintended beneficiaries.

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Rediff.com25 Mar 2026

Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.

Haryana Revamps Sports Policy For Olympic Glory And Athlete Welfare

Haryana Revamps Sports Policy For Olympic Glory And Athlete Welfare

Rediff.com3 Jun 2026

Haryana is revamping its 2015 Sports Policy to focus on long-term talent development for future Olympians, moving beyond just prize money and jobs. Key initiatives include 'Mission Olympics-2036 Vijayee Bhavah' for young athletes and the 'Khelo Haryana App' for integrated athlete services. The state aims to strengthen athlete welfare, infrastructure, and institutional support.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com12 Mar 2026

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

Why ISL Clubs Are Reviewing Their Commitment

Why ISL Clubs Are Reviewing Their Commitment

Rediff.com23 May 2026

Several Indian Super League (ISL) clubs have hinted at uncertainty regarding their participation in the 2026-27 season due to ongoing issues surrounding the domestic top-tier competition. The clubs are reviewing their commitment beyond the current season amid disagreements with the AIFF over commercial partnerships and league structure.

Nine Arrested In Delhi Coaching Scam: What We Know

Nine Arrested In Delhi Coaching Scam: What We Know

Rediff.com1 May 2026

The Anti-Corruption Branch (ACB) has arrested nine individuals linked to coaching institutes in connection with an alleged Rs 37.20-crore scam involving a Delhi government scheme.

Why The UK Raised Its Terror Threat Level To Severe

Why The UK Raised Its Terror Threat Level To Severe

Rediff.com1 May 2026

The UK's terror threat level has been raised from 'substantial' to 'severe', meaning an attack is highly likely, following antisemitic stabbings in north-west London. The decision was made by the Joint Terrorism Analysis Centre due to rising Islamist and extreme right-wing threats.

CBI Files Chargesheet Against CHD Developers For Fraud

CBI Files Chargesheet Against CHD Developers For Fraud

Rediff.com7 May 2026

The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.

JPMorgan downgrades Indian equities to 'neutral'

JPMorgan downgrades Indian equities to 'neutral'

Rediff.com25 Apr 2026

JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Rediff.com5 May 2026

A nine-year-old girl was fatally attacked by stray dogs in Rajasthan's Bundi district while going to the fields near her village. Lok Sabha Speaker Om Birla visited the family and provided compensation, while directing authorities to take preventive measures.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Himachal Pradesh Appoints Chief Secretary Despite Corruption Allegations

Himachal Pradesh Appoints Chief Secretary Despite Corruption Allegations

Rediff.com27 May 2026

Sanjay Gupta, a 1988-batch IAS officer, has been appointed as the chief secretary of Himachal Pradesh amidst allegations of corruption, sparking controversy and criticism from opposition parties.