News for 'Asset'

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

Rediff.com21 Mar 2026

Several BJP candidates contesting in the Kerala Assembly elections face pending criminal cases, primarily related to protests and agitations, according to their nomination papers. The affidavits also reveal details of their assets and liabilities.

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

BJP Candidates in Kerala Polls Face Criminal Cases, Asset Declarations Revealed

Rediff.com21 Mar 2026

Several BJP candidates contesting in the Kerala Assembly elections face pending criminal cases, primarily related to protests and agitations, according to their nomination papers. The affidavits also reveal details of their assets and liabilities.

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.

'Iran is finished': Trump vows zero financial relief during 60-day talks

'Iran is finished': Trump vows zero financial relief during 60-day talks

Rediff.com7 days ago

Following the signing of a 14-point Memorandum of Understanding (MoU) with Iran, US President Donald Trump reiterated the terms for a 60-day negotiation period, vowing that Tehran will receive "not ten cents" in financial relief.

ED to move Supreme Court against clean chit to NewsClick in PMLA case

ED to move Supreme Court against clean chit to NewsClick in PMLA case

Rediff.com11 Jun 2026

The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Rediff.com28 May 2026

India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.

Udupi Excise Deputy Commissioner Under Investigation for Alleged Disproportionate Assets

Udupi Excise Deputy Commissioner Under Investigation for Alleged Disproportionate Assets

Rediff.com13 Mar 2026

Karnataka Lokayukta police have registered a disproportionate assets case against Udupi Excise Deputy Commissioner T M Srinivas after searches at multiple locations allegedly revealed assets worth Rs 8.69 crore beyond his known sources of income.

Kerala Lottery Fund Fraud: Accused Claims Burning Rs 6 Crore Post Demonetisation

Kerala Lottery Fund Fraud: Accused Claims Burning Rs 6 Crore Post Demonetisation

Rediff.com5 Jun 2026

The main accused in the Kerala Lottery Welfare Fund fraud case, Sangeeth, has claimed he burnt Rs 6 crore in cash, consisting of demonetised Rs 500 and Rs 1,000 notes, after being unable to use them. He is accused of embezzling Rs 14 crore from the welfare fund, prompting a forensic investigation.

Probe into IRS Officer's Alleged Asset Acquisition Ordered to be Disclosed

Probe into IRS Officer's Alleged Asset Acquisition Ordered to be Disclosed

Rediff.com31 Mar 2026

The Central Information Commission has ordered the disclosure of an investigation into a retired IRS officer's alleged acquisition of assets under different identities and subsequent name change to claim ownership, deeming the case a potentially significant revelation.

Jammu And Kashmir Police Arrest 202 In Anti-Drug Drive

Jammu And Kashmir Police Arrest 202 In Anti-Drug Drive

Rediff.com2 Jun 2026

Jammu and Kashmir Police have registered 176 cases and arrested 202 individuals in the first 50 days of their anti-drug trafficking campaign. The operation has resulted in significant seizures of heroin, poppy straw, ganja, and opium, along with the freezing of assets and demolition of properties linked to drug-related activities.

BCCI's Caring Gesture! Allows Vaibhav Sooryavanshi's Parents To Join Him For Ireland-England Tour

BCCI's Caring Gesture! Allows Vaibhav Sooryavanshi's Parents To Join Him For Ireland-England Tour

Rediff.com18 Jun 2026

A 15-year-old schoolboy needs to be eased into a senior team set-up, said BCCI Secretary Devajit Saikia as he explained the decision to allow Vaibhav Sooryavanshi's parents to accompany him on the white-ball tour of Ireland and England.

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

Rediff.com20 Mar 2026

The Enforcement Directorate (ED) has attached fresh properties worth over Rs 5,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore ponzi scheme.

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

Rediff.com3 days ago

Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.

'Those Who Were Meant To Protect Ram Mandir Funds Looted It'

'Those Who Were Meant To Protect Ram Mandir Funds Looted It'

Rediff.com3 days ago

'SIT means nothing because the BJP government of Uttar Pradesh and Ram Janmabhoomi Trust are the same people.'

J&K Police Crackdown: Drug Peddlers' Assets Seized

J&K Police Crackdown: Drug Peddlers' Assets Seized

Rediff.com28 Apr 2026

Jammu and Kashmir Police attached properties of two alleged drug peddlers in Udhampur and Reasi districts as part of its ongoing anti-narcotics campaign.

J&K Police Seize Rs 1.2 Crore Property From Drug Peddler

J&K Police Seize Rs 1.2 Crore Property From Drug Peddler

Rediff.com10 Jun 2026

Police in Pulwama, Jammu and Kashmir, have attached a double-storey residential house worth Rs 1.20 crore belonging to a drug peddler, Manzoor Mir, under the NDPS Act. The property was identified as illegally acquired through drug trafficking.

J&K Police Seize Rs 1.2 Crore Property From Drug Peddler

J&K Police Seize Rs 1.2 Crore Property From Drug Peddler

Rediff.com10 Jun 2026

Police in Pulwama, Jammu and Kashmir, have attached a double-storey residential house worth Rs 1.20 crore belonging to a drug peddler, Manzoor Mir, under the NDPS Act. The property was identified as illegally acquired through drug trafficking.

Trump officials, Iranian FM on way to Switzerland for talks

Trump officials, Iranian FM on way to Switzerland for talks

Rediff.com7 days ago

US Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are reportedly heading to Switzerland for a new round of US-Iran negotiations, following a recently announced memorandum of understanding to end hostilities in West Asia and a ceasefire between Israel and Hezbollah.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Rajasthan Police Move to Seize Assets Linked to Online Betting Ring

Rajasthan Police Move to Seize Assets Linked to Online Betting Ring

Rediff.com16 Mar 2026

Rajasthan Police have initiated proceedings to attach properties worth approximately Rs 35 crore linked to an online betting racket in Karauli district, as part of 'Operation Shikanja'.

'Hindu Dharma is not registered': Bhagwat on demand to register RSS

'Hindu Dharma is not registered': Bhagwat on demand to register RSS

Rediff.com16 Jun 2026

RSS chief Mohan Bhagwat has firmly rejected demands for the organisation to register itself, asserting that the Sangh operates openly and has nothing to hide. Responding to Karnataka Home Minister Priyank Kharge's call for registration, Bhagwat stated that such demands are politically motivated and that the government is well aware of the RSS's existence and activities.

'Migrants Lost Confidence After The War'

'Migrants Lost Confidence After The War'

Rediff.com7 days ago

'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'

RBI's forex gains jump 52% in FY26, balance sheet swells

RBI's forex gains jump 52% in FY26, balance sheet swells

Rediff.com30 May 2026

The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

India's bowling lacks clarity in T20 World Cup: Mithali Raj

India's bowling lacks clarity in T20 World Cup: Mithali Raj

Rediff.com7 days ago

Former India captain Mithali Raj has expressed concerns over the Indian women's cricket team's bowling department, citing a lack of "role clarity" ahead of crucial ICC Women's T20 World Cup matches. She believes bowling is India's weakest link, especially with Shreyanka Patil's injury and an out-of-form seam attack, while praising the batting strength led by Smriti Mandhana and Richa Ghosh.

Saurabh Mukherjea Podcast: Indian Middle Class Is In Crisis: What Next?

Saurabh Mukherjea Podcast: Indian Middle Class Is In Crisis: What Next?

Rediff.com12 Jun 2026

AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com31 May 2026

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

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.

Investment Fraudster Sentenced: Court Orders Asset Auction to Repay Victims

Investment Fraudster Sentenced: Court Orders Asset Auction to Repay Victims

Rediff.com11 Apr 2026

A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Rediff.com18 Jun 2026

The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.

UP govt forms SIT to probe Ram Temple donation controversy

UP govt forms SIT to probe Ram Temple donation controversy

Rediff.com13 Jun 2026

The Uttar Pradesh government has formed a three-member Special Investigation Team (SIT) to probe allegations of financial mismanagement and missing donations related to the Shri Ram Janmabhoomi Teerth Kshetra Trust in Ayodhya. The move follows a request from the Trust itself, amidst escalating political demands for transparency from various parties including the Samajwadi Party and Congress.

New ITR Rules Taxpayers Must Know About

New ITR Rules Taxpayers Must Know About

Rediff.com2 Jun 2026

"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."

Why are Gen Z investors ditching monthly SIPs for weekly and daily SIPs?

Why are Gen Z investors ditching monthly SIPs for weekly and daily SIPs?

Rediff.com18 Jun 2026

Gen Z is a generation that has been raised in a digital-first era, where shopping, payment, and monetary transactions are done within seconds via smartphones. Moreover, the new flexibility offered by investing platforms is encouraging young investors to opt for investment frequencies that align with their spending patterns and lifestyle. This change has brought up an interesting debate on whether daily and weekly SIPs are better than monthly investments.

India's Forex Reserves Fall by $7.5 Billion to $681.38 Billion

India's Forex Reserves Fall by $7.5 Billion to $681.38 Billion

Rediff.com29 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.511 billion, settling at USD 681.384 billion for the week ending May 22, as the Reserve Bank of India intervened in the forex market due to rupee pressure and the lingering effects of the Middle East conflict.

Motto of Manipur party TMC rebels merged with: Reject turncoats

Motto of Manipur party TMC rebels merged with: Reject turncoats

Rediff.com15 Jun 2026

The Nationalist Citizens Party of India's campaign posters carry the message: 'To save your rights, reject political turncoats. Support social workers, not political personalities,' and urges voters to press the symbol of a pen nib.

'Baseless': Iran dismisses Trump's claim on attacking Indian ships

'Baseless': Iran dismisses Trump's claim on attacking Indian ships

Rediff.com13 Jun 2026

Iran has dismissed US President Donald Trump's assertion that Iran was responsible for a drone attack on Indian ships in the Strait of Hormuz as 'simply baseless'. The Iranian embassy stated that Trump's comments were an attempt to deflect attention from recent US military strikes on merchant vessels in the Gulf of Oman, which resulted in the deaths of three Indian mariners.

Assets of Former Assam Excise Secretary Attached in Money Laundering Probe

Assets of Former Assam Excise Secretary Attached in Money Laundering Probe

Rediff.com9 Mar 2026

The Enforcement Directorate (ED) has attached immovable assets worth over Rs 5 crore belonging to former Assam excise secretary Indreswar Kalita in connection with a money laundering investigation.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.