News for 'CASH'

SC to hear on Friday plea seeking FIR into cash discovery at judge's house

SC to hear on Friday plea seeking FIR into cash discovery at judge's house

Rediff.com28 Mar 2025

The Supreme Court will hear a plea on Friday seeking a direction to Delhi Police to lodge an FIR over the alleged discovery of semi-burnt stash of cash from the official residence of High Court judge Yashwant Varma. The plea was filed by lawyer Mathews J Nedumpara and three others on Sunday. It challenges the 1991 judgement in the K Veeraswami case, in which the top court ruled that no criminal proceedings could be initiated against a judge of the high court or the top court without the prior nod of the Chief Justice of India. The alleged cash discovery happened following a fire at Varma's Lutyens Delhi residence on March 14, prompting the fire officers to rush to the spot. A Supreme Court-appointed in-house committee visited the residence of Justice Varma on Tuesday to commence its inquiry in the matter. Justice Varma denounced any insinuation and said no cash was ever placed in the storeroom either by him or any of his family members.

2 UP men duped of Rs 4.5L with fake jobs, stranded in Russia

2 UP men duped of Rs 4.5L with fake jobs, stranded in Russia

Rediff.com3 Sep 2025

On July 1, both victims were first sent to Kazakhstan and later transported to Omsk, Russia, where they were abandoned. "There were no jobs, no accommodation and they had to survive for days without proper food and shelter," a senior officer said.

Want To Buy Farm Land?

Want To Buy Farm Land?

Rediff.com25 Sep 2025

'Legally clean farmland is difficult to find. It requires time, money, and legal effort to verify the title.'

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

Rediff.com26 Mar 2025

The Enforcement Directorate (ED) in India has declared that cash and gold worth approximately Rs 52 crore, seized from an abandoned SUV in Madhya Pradesh last year, belonged to former state transport department constable Saurabh Sharma. The ED's statement ends months of speculation about the ownership of the seized assets and comes as part of an ongoing investigation into corruption charges against Sharma. The agency has also attached assets worth Rs 92.07 crore belonging to Sharma and his associates, alleging they were acquired through illegal means.

Sebi revises regulatory framework for angel funds under AIF norms

Sebi revises regulatory framework for angel funds under AIF norms

Rediff.com10 Sep 2025

Sebi on Wednesday said angel funds can raise capital only from accredited investors, as part of the revised framework notified by the regulator to streamline fundraising, investment and compliance norms under the alternative investment funds rules. In a circular, the regulator said angel funds, which are granted registration by Sebi, will be permitted to onboard only accredited investors, while existing funds have been given time until September 8, 2026, to align with the new regime.

''Consumers Must Get Real Benefit Of GST Cuts'

''Consumers Must Get Real Benefit Of GST Cuts'

Rediff.com12 Sep 2025

'In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.'

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

Rediff.com30 Sep 2025

'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'

India Inc lukewarm to bank loans

India Inc lukewarm to bank loans

Rediff.com4 Sep 2025

Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.

'Not taking it as a big game': UAE ready to challenge India in Asia Cup opener

'Not taking it as a big game': UAE ready to challenge India in Asia Cup opener

Rediff.com10 Sep 2025

UAE captain Muhammad Waseem said they won't treat the opening match against T20 World champions India as a big game and will look to play normally.

Cash recovery row: SC collegium begins initial probe against judge

Cash recovery row: SC collegium begins initial probe against judge

Rediff.com21 Mar 2025

The Supreme Court collegium has initiated an initial inquiry against Delhi High Court judge Justice Yashwant Varma following the alleged discovery of a large stash of cash at his official residence during a fire incident. The collegium has also reportedly recommended Justice Varma's transfer to his parent high court, the Allahabad High Court. The inquiry will involve seeking a report from the Chief Justice of the Delhi High Court on the incident. The controversy surrounding the alleged discovery of cash was first reported by The Times of India. Justice Varma's proposed transfer is subject to the Centre's approval. The amount of cash found is not yet known. Justice Varma, currently heading a division bench dealing with sales tax, GST, company appeals and other appeals, did not hold court on Friday. Delhi High Court Chief Justice D K Upadhyaya expressed shock over the incident. The collegium reportedly received information about the cash discovery from government officials. Some collegium members have called for stricter action against Justice Varma, including seeking his resignation or launching an in-house inquiry. The Supreme Court has an in-house inquiry mechanism to deal with allegations against judges, which involves forming a committee to investigate and, based on the report, take further action. A judge of a constitutional court can only be removed through impeachment by Parliament.

Legal experts hail CJI's decision on Delhi HC judge cash row

Legal experts hail CJI's decision on Delhi HC judge cash row

Rediff.com23 Mar 2025

Legal experts have lauded Chief Justice of India Sanjiv Khanna's decision to make public crucial documents related to a controversy surrounding the alleged discovery of cash from Delhi High Court judge Yashwant Varma's residence. They also welcomed the formation of an in-house committee to further investigate the matter. While some expressed concerns about the incident's impact on the judiciary's image, others emphasized the need for transparency and a fair inquiry. The Supreme Court released the inquiry report by Delhi High Court Chief Justice D K Upadhyaya, which included photos and videos of the alleged cash discovery. Justice Varma has denied the allegations, calling them a "conspiracy to frame and malign him."

Shinde Sena MLA in deeper trouble as viral 'cash bag' video adds to IT heat

Shinde Sena MLA in deeper trouble as viral 'cash bag' video adds to IT heat

Rediff.com11 Jul 2025

Maharashtra minister Sanjay Shirsat denies allegations that a bag seen in a viral video contained money, claiming it only held clothes. The video surfaced amid scrutiny over a significant increase in his declared assets.

'Future of Indian TT is very bright'

'Future of Indian TT is very bright'

Rediff.com8 Sep 2025

A rich talent pool of players promises a bright future for Indian table tennis despite the recent retirement of stalwart Sharath Kamal, said Dronacharya awardee coach Sandeep Gupta.

Delhi HC Chief Justice submits report to CJI on cash recovery

Delhi HC Chief Justice submits report to CJI on cash recovery

Rediff.com22 Mar 2025

The Delhi High Court Chief Justice, D K Upadhyay, has submitted a report to the Chief Justice of India, Sanjiv Khanna, regarding the alleged discovery of cash at Justice Yashwant Varma's official residence. The report follows an in-house inquiry initiated by Justice Upadhyay after a fire at Justice Varma's residence on Holi night. The Supreme Court Collegium will now examine the report and may take further action. The Supreme Court has also stated that a proposal to transfer Justice Varma to the Allahabad High Court is separate from the in-house inquiry.

Slovakia stun Germany in historic 2-0 World Cup qualifier upset

Slovakia stun Germany in historic 2-0 World Cup qualifier upset

Rediff.com5 Sep 2025

The result was only their second two-goal defeat in a qualifier, the last being the infamous 5-1 home thrashing by England in 2001.

Who's next? BCCI set for big announcement soon

Who's next? BCCI set for big announcement soon

Rediff.com6 Sep 2025

BCCI secretary Devajit Saikia addressed the uncertainty revolving around the future of the board's president after Roger Binny completed his tenure and announced that the Indian cricket board will reveal its next course of action in the next two days.

11 Sebi Rules That Can Supercharge Your MFs Returns

11 Sebi Rules That Can Supercharge Your MFs Returns

Rediff.com29 Sep 2025

SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.

SEBI Stands Firm Against Jane Street

SEBI Stands Firm Against Jane Street

Rediff.com10 Sep 2025

'The investigation is at a very critical stage. We are not going to give every single document.'

Day after Uddhav, Fadnavis, Shinde visits Raj Thackeray for Ganesh festival

Day after Uddhav, Fadnavis, Shinde visits Raj Thackeray for Ganesh festival

Rediff.com28 Aug 2025

Maharashtra Deputy Chief Minister Eknath Shinde visited MNS president Raj Thackeray's residence during the Ganesh festival, following a similar visit by Uddhav Thackeray. Shinde subtly criticized Uddhav and emphasized the non-political nature of his visit.

Former HC judge acquitted in 'cash at door' case 17 yrs later

Former HC judge acquitted in 'cash at door' case 17 yrs later

Rediff.com29 Mar 2025

Seventeen years after the cash-at-judge's door case rocked the judiciary, a special Central Bureau of Investigation court in Chandigarh on Saturday acquitted former Punjab and Haryana high court judge Nirmal Yadav and four others in the matter.

How GST Rate Cut Will Impact Sectors

How GST Rate Cut Will Impact Sectors

Rediff.com8 Sep 2025

Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.

Cash row: HC probe report, SC video cast doubt on Delhi fire chief's claim

Cash row: HC probe report, SC video cast doubt on Delhi fire chief's claim

Rediff.com23 Mar 2025

A video and inquiry report have raised questions about the Delhi Fire Services' claim that no cash was found at the official residence of Delhi High Court judge Justice Yashwant Varma during a fire incident on March 14. The video, which has gone viral on social media, shows fire fighters dousing flames on articles that appear to include half-burnt Indian currency notes. The Delhi High Court Chief Justice has initiated an in-house inquiry against Justice Varma and the Supreme Court has proposed his transfer to the Allahabad High Court.

Liquor scam: Jagan chaired meet, kickbacks laundered via staff, say police

Liquor scam: Jagan chaired meet, kickbacks laundered via staff, say police

Rediff.com12 Aug 2025

A chargesheet filed by Andhra Pradesh police alleges former Chief Minister YS Jagan Mohan Reddy chaired a meeting related to a new liquor policy under which outlets would be run by a government entity. The chargesheet details alleged kickbacks and money laundering.

FC Goa brace for Al Zawraa challenge in ACL 2 opener

FC Goa brace for Al Zawraa challenge in ACL 2 opener

Rediff.com16 Sep 2025

With Fatorda buzzing and continental football back where it belongs, the Gaurs will hope to make a statement and prove they belong among Asia's elite.

Power consumption vs GDP: Some apparent paradoxes

Power consumption vs GDP: Some apparent paradoxes

Rediff.com15 Sep 2025

There are some apparent paradoxes visible in the data from the first quarter of 2025-26 (Q1FY26). The gross domestic product (GDP) delivered a positive surprise with 7.8 per cent year-on-year (Y-o-Y) growth.

Nepal Army imposes nationwide curfew to curb violence

Nepal Army imposes nationwide curfew to curb violence

Rediff.com10 Sep 2025

The Nepal Army has imposed a nationwide curfew to curb potential violence following protests and the Prime Minister's resignation.

How Gen Z And Social Media Are Changing Nepal

How Gen Z And Social Media Are Changing Nepal

Rediff.com16 Sep 2025

From mobilising protests to choosing the interim prime minister -- Discord, Bitchat became virtual control rooms, even as familiar platforms like TikTok, Reddit, Instagram, etc. played their part.

Ashwin explains the IPL trade math behind the scenes

Ashwin explains the IPL trade math behind the scenes

Rediff.com11 Aug 2025

While CSK had one of its worst seasons in 2025, Ashwin played just nine games, taking seven wickets at an economy rate of 9.12.

'Retail losses in derivatives is a concern'

'Retail losses in derivatives is a concern'

Rediff.com5 Aug 2025

'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'

Private capex likely to rise 21.5% to Rs 2.67 lakh crore in FY26

Private capex likely to rise 21.5% to Rs 2.67 lakh crore in FY26

Rediff.com1 Sep 2025

Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms entered the 2025-26 fiscal year with healthier balance sheets, higher cash buffer, improved profitability, and greater access to diversified funding sources, said the article 'Private Corporate Investment: Growth in 2024-25 and Outlook for 2025-26' published in the Reserve Bank of India's (RBI's) August bulletin.

'Need a football court!': SC on 2000 accused in Senthil Balaji case

'Need a football court!': SC on 2000 accused in Senthil Balaji case

Rediff.com30 Jul 2025

The Supreme Court has criticized the Tamil Nadu government for implicating over 2000 individuals in the cash-for-jobs scam involving former minister V Senthil Balaji, demanding details of all accused and witnesses.

Sensex rises 323 pts, Nifty rallies for 6th day

Sensex rises 323 pts, Nifty rallies for 6th day

Rediff.com10 Sep 2025

Among Sensex firms, Bharat Electronics rose the most by 4.26 per cent. HCL Tech gained 2.57 per cent, Bajaj Finance by 2.19 per cent, TCS by 1.99 per cent, Tech Mahindra by 1.88 per cent and Infosys by 1.85 per cent. Gains in Axis Bank and State Bank of India also supported the rally. However, Mahindra & Mahindra emerged as the biggest loser, falling by 2.47 per cent. Maruti dropped 1.53 per cent and Tata Motors by nearly 1 per cent due to profit-taking. UltraTech, Eternal and Power Grid were also among the laggards.

Now, Nikki Bhati's family accused of dowry harassment

Now, Nikki Bhati's family accused of dowry harassment

Rediff.com27 Aug 2025

In the Greater Noida dowry death case, Nikki Bhati's sister-in-law, Meenakshi, alleges physical assault and humiliation by Nikki's family over dowry demands, adding a new dimension to the investigation.

Lloyd Urges ICC To Rethink WTC Shake-Up

Lloyd Urges ICC To Rethink WTC Shake-Up

Rediff.com12 Aug 2025

'We need to get a better share of the pie because we were the cash cows for a long time.'

Tejaswi Manoj Is TIME's Kid Of The Year 2025

Tejaswi Manoj Is TIME's Kid Of The Year 2025

Rediff.com10 Sep 2025

17-year-old Tejasvi Manoj becomes TIME's Kid of the Year 2025 for protecting seniors from cyber fraud.

Cocaine, LSD recovered from Thar driver who ran over 2 pedestrians

Cocaine, LSD recovered from Thar driver who ran over 2 pedestrians

Rediff.com12 Aug 2025

A speeding car in Delhi mowed down two people, leading to the discovery of cocaine, LSD, and other drugs inside the vehicle. The driver has been arrested and was found to be under the influence.

Costly Mid-Layer Faces IT Layoff Axe

Costly Mid-Layer Faces IT Layoff Axe

Rediff.com18 Aug 2025

More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.

Cash row: CJI assures bar leaders on demand to withdraw judge's transfer

Cash row: CJI assures bar leaders on demand to withdraw judge's transfer

Rediff.com27 Mar 2025

The Chief Justice of India (CJI) Sanjiv Khanna has assured bar leaders that he will consider their demand for withdrawal of the collegium's recommendation to transfer Delhi High Court's Justice Yashwant Varma. The decision came after representatives of six bar associations of different high courts met with the CJI and other collegium members. The bar associations are protesting the proposed repatriation of Justice Varma to his parent high court, alleging that the evidence in a fire incident at his residence was tampered with. The bar associations have also raised concerns about the non-registration of an FIR in the incident.

Dream11 Hit by Online Gaming Ban, India Jersey in Limbo

Dream11 Hit by Online Gaming Ban, India Jersey in Limbo

Rediff.com22 Aug 2025

With the Asia Cup starting September 9 in the UAE, the team could play without a sponsor logo after the government passed the Online Gaming Bill.

Retire Rich At 45 With Simple MF Tips

Retire Rich At 45 With Simple MF Tips

Rediff.com8 Sep 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.