News for 'Black Money'

SC tells EC, states to expedite probes into poll black money

SC tells EC, states to expedite probes into poll black money

Rediff.com18 Aug 2026

The Supreme Court has emphasised the need for timely investigations and conclusions of criminal cases involving illicit money in elections. Observing that black money compromises democracy and the rule of law, the court issued several directives, including reporting seizures to competent authorities within 24 hours, completing investigations within a year, and submitting quarterly status reports to the Election Commission. The ruling also mandates High Courts to designate special courts for expeditious disposal of cases against candidates and requires High Court approval for withdrawing cases.

Hyderabad Black Hawks Down Goa Guardians to Clinch Guardians Trophy

Hyderabad Black Hawks Down Goa Guardians to Clinch Guardians Trophy

Rediff.com16 Aug 2026

Hyderabad Black Hawks U21 have won the inaugural Guardians Trophy, defeating hosts Goa Guardians U21 3-1 in the final. The tournament provided a crucial platform for emerging Indian volleyball talent, with individual awards and prize money distributed to top performers.

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

Rediff.com6 days ago

CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.

Tata Sierra #DARK Launched: Prices Start at 13.99 Lakh, Features & Variants Detailed

Tata Sierra #DARK Launched: Prices Start at 13.99 Lakh, Features & Variants Detailed

Rediff.com3 days ago

Tata Motors has officially launched the Tata Sierra #DARK in India, with prices starting from 13.99 Lakh (ex-showroom). This new edition features a Friesian Black exterior, a Violet Eclipse interior, and a range of engine and transmission options across multiple variants.

Adani Airport Holdings raises Rs 9,825 crore from global investors for expansion

Adani Airport Holdings raises Rs 9,825 crore from global investors for expansion

Rediff.com10 Sep 2026

Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.

Plea in SC seeks confiscation of assets of paper leak offenders

Plea in SC seeks confiscation of assets of paper leak offenders

Rediff.com18 Aug 2026

The Supreme Court has sought responses from the Centre and state governments on a Public Interest Litigation (PIL) advocating for the confiscation of movable and immovable property belonging to individuals and their family members involved in exam question paper leak cases. The plea also calls for invoking various anti-corruption and financial crime acts against perpetrators and suggests consecutive sentencing for such offences.

Arms dealer Bhandari opposes ED's fugitive plea in black money case

Arms dealer Bhandari opposes ED's fugitive plea in black money case

Rediff.com20 Apr 2025

Arms dealer Sanjay Bhandari has opposed the Enforcement Directorate's (ED) plea in a Delhi court seeking to declare him a "fugitive " in connection with a black money case. Bhandari claims his stay in the UK is legal as the London High Court denied his extradition to India. The court's decision was also cited by an English court in April to deny the Indian government's request to extradite another accused in a rice-buying scam. Bhandari's lawyer argued that the ED's application was "vague, misplaced and without jurisdiction " and that the value involved in the case was less than the required Rs 100 crore to declare someone a "fugitive. " The Delhi court has sought the ED's rebuttal to Bhandari's argument by May 3.

Traders call for 'No UPI Day' on October 2 to protest new MDR levy

Traders call for 'No UPI Day' on October 2 to protest new MDR levy

Rediff.com7 hours ago

Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.

Why the Tata Curvv Base Variants Could Now Be the Smartest Buy

Why the Tata Curvv Base Variants Could Now Be the Smartest Buy

Rediff.com7 Sep 2026

Tata Motors has launched the Curvv Series X, an updated version of its coupe-SUV, focusing on enhancing value-for-money by adding more features to lower and mid-spec variants and streamlining the lineup, with prices ranging from Rs 9.99 lakh to Rs 18.99 lakh (ex-showroom).

Why UPI Should Be Kept Free

Why UPI Should Be Kept Free

Rediff.com31 Aug 2026

Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.

10 Black Comedies You Must Watch

10 Black Comedies You Must Watch

Rediff.com7 Jul 2026

From Mollywood Times to Mohiniyattam, these black comedies from South Cinema prove that the darkest humour can also deliver the sharpest entertainment.

Police Investigate Revenge Angle In Delhi Gym Trainer's Murder

Police Investigate Revenge Angle In Delhi Gym Trainer's Murder

Rediff.com15 Sep 2026

Police are investigating a revenge angle in the recent murder of a gym trainer in South Delhi's Aya Nagar. The killing is suspected to be part of an ongoing feud between two families, with alleged gang involvement and a social media claim of responsibility by a foreign-based gangster.

Saudi Arabia's Pipeline Closure Raises Cost Of India's Crude

Saudi Arabia's Pipeline Closure Raises Cost Of India's Crude

Rediff.com1 days ago

Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.

'Why will black money get purged?'

'Why will black money get purged?'

Rediff.com17 Nov 2016

'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'

Tata Curvv EV Just Got Cheaper, And More Attractive

Tata Curvv EV Just Got Cheaper, And More Attractive

Rediff.com10 Sep 2026

The Tata Curvv EV Series X keeps its distinctive coupe-SUV design but becomes a more attractive package with a standard 55kWh battery, more features and a lower starting price of Rs 16.99 lakh.

The Very Best Of Kunal Kemmu

The Very Best Of Kunal Kemmu

Rediff.com2 days ago

From a scene-stealing child actor to a cult-comedy favourite and a director in his own right, Kunal Kemmu has delivered plenty of memorable turns across three decades.

The political roots of black money

The political roots of black money

Rediff.com14 Jan 2015

An enormous amount of black money flows in and out of the banking system and still remains black.

iPhone 18 Pro, Pro Max launch sparks 'festival' atmosphere across India

iPhone 18 Pro, Pro Max launch sparks 'festival' atmosphere across India

Rediff.com5 days ago

Apple's latest flagship smartphones, the iPhone 18 Pro and iPhone 18 Pro Max, have gone on sale across India, drawing massive queues and creating a 'festival' atmosphere among eager buyers at Apple Stores in Noida, Bengaluru, and Maharashtra.

How much black money is stashed abroad?

How much black money is stashed abroad?

Rediff.com25 Jun 2019

The studies found that sectors with the highest unaccounted income included real estate, mining, pharmaceuticals, pan masala, gutkka and tobacco, bullion and commodity markets, film industry, educational institutes and professionals.

'Nobody Looks At Clothes As Waste'

'Nobody Looks At Clothes As Waste'

Rediff.com11 Sep 2026

'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'

BRICS Summit 2026 Focuses On Practical Outcomes

BRICS Summit 2026 Focuses On Practical Outcomes

Rediff.com14 Sep 2026

The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.

Lok Sabha passes black money bill

Lok Sabha passes black money bill

Rediff.com11 May 2015

Compliance window for those with undisclosed income abroad to come clean by paying 30 per cent tax and 30 per cent penalty

What It Was Like To Live In The '80s?

What It Was Like To Live In The '80s?

Rediff.com15 Sep 2026

For five Mumbaikars who were teenagers or in their 20s during the 1980s, the decade was not a sepia-toned Instagram filter. It was their everyday life, they tell Rediff's Rishika Shah. And while they remember its limitations, what they seem to miss most is something technology can't recreate -- the unhurried warmth of human connection.

Last Man In Tower Review: Unsettling Must Watch

Last Man In Tower Review: Unsettling Must Watch

Rediff.com11 Sep 2026

Last Man In Tower is an unsettling portrait of a society that can turn against one another when greed dangles the promise of a better life, observes Sreeju Sudhakaran.

'What If A Mother's Daughter Goes Missing?'

'What If A Mother's Daughter Goes Missing?'

Rediff.com14 Sep 2026

'How will this woman find her? And how does that affect her, because it's not a biological relationship.'

How Godman Used Black Magic To Extort Millions: ED Probe

How Godman Used Black Magic To Extort Millions: ED Probe

Rediff.com21 May 2026

Self-proclaimed godman Ashok Kharat, accused of portraying himself as Lord Shiva and using black magic to extort money from victims, has been arrested by the Enforcement Directorate.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

Muted response to black money disclosure window

Muted response to black money disclosure window

Rediff.com12 Sep 2016

Assets worth only Rs 4,000 cr declared till mid-August; govt expects pick-up in last 2 weeks

Review: Immortal Has Fangs, But Needed More Bite

Review: Immortal Has Fangs, But Needed More Bite

Rediff.com7 Sep 2026

Immortal has a seductive premise and good performances, but this vampire tale could have used a lot more bite.

'Incentive to store black money has reduced'

'Incentive to store black money has reduced'

Rediff.com8 Dec 2016

'The cash part is the lower hanging fruit compared to the other sources.' 'To attack the cash part of black money, I can't think of anything else but demonetisation.'

Black money: 600 Indians under lens

Black money: 600 Indians under lens

Rediff.com14 Aug 2014

This is the first time that this important nodal national agency for economic intelligence has obtained data on suspected offshore stash of Indians as, till now, such information was only received by the exclusive wing of the Central Board of Direct Taxes.

EC withholds Gyanesh Kumar's travel details, says 'personal info'

EC withholds Gyanesh Kumar's travel details, says 'personal info'

Rediff.com21 Aug 2026

Former Rajya Sabha member Saket Gokhale has alleged that the Election Commission refused to disclose details of Chief Election Commissioner Gyanesh Kumar's official visits and the expenditure incurred from public funds, citing 'personal information' under the Right to Information Act.

The crackdown on black money and its impact

The crackdown on black money and its impact

Rediff.com27 Jun 2016

The crackdown on black money has manifested itself in a doubling in outward remittances as black money attempts to leave India.

Sinquefield Cup: Praggnanandhaa's latest draw keeps him in title hunt

Sinquefield Cup: Praggnanandhaa's latest draw keeps him in title hunt

Rediff.com17 Aug 2026

Indian Grandmaster R Praggnanandhaa secured another draw against GM Levon Aronian of the United States in the sixth round of the Sinquefield Cup, keeping him in joint second place with 3.5 points.

Black money funds political parties: Rahul Bajaj

Black money funds political parties: Rahul Bajaj

Rediff.com2 Feb 2011

Industrialist and MP Rahul Bajaj on Wednesday added a new dimension to the debate over black money, saying it funds political parties.

Black money is not just wads of notes

Black money is not just wads of notes

Rediff.com11 Nov 2016

'Corruption is the tree.' 'Black money is the fruit from the tree.' 'This scheme will expose the unaccounted fruits of the tree.' 'But since the tree will continue to stand, the story will continue,' say Pramod Kumar Srivastava, Sanghamithra and Kravya.

Black money: Can India prosecute offenders?

Black money: Can India prosecute offenders?

Rediff.com31 Aug 2009

India will begin its first round of consultations with the Swiss government on tracing black money stashed by Indians in banks in that country in December, but there is no guarantee of prosecution of offenders on the basis of information secured from them.

Sanjay Bhandari Remains a Fugitive: Delhi HC Backs Money Laundering Order

Sanjay Bhandari Remains a Fugitive: Delhi HC Backs Money Laundering Order

Rediff.com9 Apr 2026

The Delhi High Court has upheld a trial court's order declaring UK-based arms consultant Sanjay Bhandari a 'fugitive economic offender' in a money laundering case, allowing the Enforcement Directorate to proceed with confiscating his assets.

Sinquefield Cup: Praggnanandhaa draws with Sevian, Caruana takes early lead

Sinquefield Cup: Praggnanandhaa draws with Sevian, Caruana takes early lead

Rediff.com11 Aug 2026

Indian Grandmaster R Praggnanandhaa secured an easy draw against American Samuel Sevian in the first round of the Sinquefield Cup, while top seed Fabiano Caruana emerged as the early leader with a victory over Jorden Van Foreest.