News for 'Central'

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Rediff.com28 Jul 2026

Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Finance Minister Explains MDR Impact On Digital Payments

Finance Minister Explains MDR Impact On Digital Payments

Rediff.com6 Aug 2026

Finance Minister Nirmala Sitharaman clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers, and aims to support banks and fintech in infrastructure investment. She countered Congress leader Jairam Ramesh's claims, stating that a committee will decide on MDR only after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026, a process currently stalled by parliamentary disruptions.

Since he is 'forgiving'...: Sonia takes dig at Modi, hails Manmohan

Since he is 'forgiving'...: Sonia takes dig at Modi, hails Manmohan

Rediff.com11 Aug 2026

Following the Supreme Court's clean chit in the coal block allocation case, Congress leader Sonia Gandhi has lauded former Prime Minister Manmohan Singh's integrity and accountability, drawing a sharp contrast with the Narendra Modi government's operational style and alleged misuse of investigative agencies.

SC denies Asaram interim bail, allows caretaker of his choice

SC denies Asaram interim bail, allows caretaker of his choice

Rediff.com6 Aug 2026

The Supreme Court has denied interim bail to self-styled godman Asaram, who is serving a life sentence for sexually assaulting a minor. While rejecting his plea for bail on health grounds for now, the court permitted him to engage a trained caretaker for round-the-clock assistance. The court noted that Asaram's counsel had previously moved for parole, and his health condition will be monitored.

Suvendu aide murder: CBI arrests two brothers, probes rival party link

Suvendu aide murder: CBI arrests two brothers, probes rival party link

Rediff.com31 Jul 2026

The Central Bureau of Investigation has arrested two key suspects in the plot to murder West Bengal Chief Minister Suvendu Adhikari's close aide Chandranath Rath, uncovering potential links to the functionary of a rival political party in the state, officials said on Friday.

Gold prices climb for second straight day, touch Rs 1.46 lakh

Gold prices climb for second straight day, touch Rs 1.46 lakh

Rediff.com5 Aug 2026

Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

Why Pakistan's Hangors Submarines Face India's ASW Shield

Why Pakistan's Hangors Submarines Face India's ASW Shield

Rediff.com10 Aug 2026

Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.

BIS to scale up silver hallmarking, expand lab network amid rising demand

BIS to scale up silver hallmarking, expand lab network amid rising demand

Rediff.com9 Aug 2026

The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.

HC bars 4 lawyers from Lucknow courts, orders IB probe into alleged assault

HC bars 4 lawyers from Lucknow courts, orders IB probe into alleged assault

Rediff.com30 Jul 2026

The Allahabad High Court has barred four advocates from entering any court premises in Lucknow and ordered a confidential inquiry by the Intelligence Bureau (IB) into their background and activities following an alleged assault on a litigant and Delhi lawyers.

Retired IAF officer moves SC against Sansad Chalo march organisers

Retired IAF officer moves SC against Sansad Chalo march organisers

Rediff.com3 Aug 2026

A retired Air Force officer has approached the Supreme Court, seeking urgent action against the organisers of the July 20 'Sansad Chalo' march, alleging incitement to violence and continued inflammatory statements.

How Teen Craime Became Youngest Esports World Cup Champion

How Teen Craime Became Youngest Esports World Cup Champion

Rediff.com3 Aug 2026

Fifteen-year-old Chilean Jaime 'Craime' Bustos has become the youngest-ever Esports World Cup champion, winning the Street Fighter 6 title. Representing Team Falcons, Craime defeated Japan's Hibiki in the final, securing USD 250,000 and a spot in Capcom Cup 13. Other championships were also decided, with Team Falcons maintaining their lead in the Club Championship standings.

CRPF backs jawans amid CJP protest action probe, warns against excesses

CRPF backs jawans amid CJP protest action probe, warns against excesses

Rediff.com27 Jul 2026

The top brass of Central Reserve Police Force assured the force's jawans and officers that any decision they made for the "bona fide" discharge of their duties in the recent past will have their support, officials said on Monday.

Assam floods toll goes up to 80, over 2.12 lakh affected

Assam floods toll goes up to 80, over 2.12 lakh affected

Rediff.com31 Jul 2026

Assam's flood death toll has risen to 80, with two new fatalities reported from Sivasagar district, as eight districts and over 2.12 lakh people remain affected. The state government has announced a six-month moratorium on loan repayments for flood-affected individuals and is seeking a special support package from the Centre.

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Rediff.com5 Aug 2026

The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.

Bengal Police bust Pakistan-linked honeytrap network targeting ministers

Bengal Police bust Pakistan-linked honeytrap network targeting ministers

Rediff.com4 Aug 2026

West Bengal police have unearthed a sophisticated Pakistan-linked honeytrap network targeting state ministers, their families, and other high-profile individuals, leading to the arrest of a third suspect, Aditya Singh, an alleged associate of Jaish-e-Mohammed operative Hamim Mondal.

CRPF to review RAF actions, pellet gun use during Jantar Mantar protests

CRPF to review RAF actions, pellet gun use during Jantar Mantar protests

Rediff.com27 Jul 2026

The Central Reserve Police Force (CRPF) will conduct a "professional post-event assessment" into the Rapid Action Force's (RAF) alleged use of pellet guns against anti-NEET protestors during a March 20 demonstration towards Parliament. This review follows the dispersal of protestors and aims to evaluate the circumstances and adherence to protocols regarding the use of crowd control measures.

What you need to know about new Anti-Paper Leak Amendment Bill

What you need to know about new Anti-Paper Leak Amendment Bill

Rediff.com29 Jul 2026

The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.

NEET-UG paper leak chargesheet cites accused's gate control app, digital trail

NEET-UG paper leak chargesheet cites accused's gate control app, digital trail

Rediff.com7 Aug 2026

The CBI has filed a charge sheet in the NEET-UG 2026 paper leak case, relying heavily on digital forensic evidence including an access control app and call data records. The investigation revealed that three NTA subject experts allegedly exploited procedural gaps to leak confidential questions for money, involving a beautician and a coaching centre owner in the distribution of the leaked material to aspirants.

Major Restructuring Proposed For All India Tennis Association

Major Restructuring Proposed For All India Tennis Association

Rediff.com21 Jul 2026

Court-appointed administrator Justice Gita Mittal has proposed extensive constitutional amendments for the All India Tennis Association (AITA). These reforms aim to align AITA with the National Sports Governance Act, 2025, by significantly increasing athlete representation in decision-making bodies, downsizing the Executive Committee, and establishing independent ethics and dispute resolution committees. The changes, which include inducting Sportspersons of Outstanding Merit into key committees and reducing state association representation, await approval at an upcoming Extraordinary General Meeting.

NEET leak: NTA experts breached secrecy; face life term, Rs 1 cr fine

NEET leak: NTA experts breached secrecy; face life term, Rs 1 cr fine

Rediff.com7 Aug 2026

The three National Testing Agency (NTA) subject experts breached an "obligation of secrecy" and circulated the question papers of the NEET UG exam, said the the chargesheet filed by the Central Bureau of Investigation before a Delhi court.

4 bills introduced in Lok Sabha amid opposition protests

4 bills introduced in Lok Sabha amid opposition protests

Rediff.com10 Aug 2026

The Lok Sabha introduced four significant bills on Monday, including amendments to mines and minerals regulations, the establishment of a National Tribunals Commission, and the renaming of Kerala to Keralam, all while facing continuous protests from opposition members demanding a discussion on the July 20 police crackdown on students.

Unable to find Old Monk rum in stores? This is why

Unable to find Old Monk rum in stores? This is why

Rediff.com5 Aug 2026

Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.

UK anti-migrant protests turn violent; protesters bite, spit at police

UK anti-migrant protests turn violent; protesters bite, spit at police

Rediff.com7 Aug 2026

A UK police force said on Friday that its officers have been tackling serious violence, including being bitten and spat at by protesters, over days of anti-migrant clashes at a town in eastern England.

Iran rejigs leadership after rare meet between Supreme Leader, President

Iran rejigs leadership after rare meet between Supreme Leader, President

Rediff.com10 Aug 2026

Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.

Uncertainty looms over key bills as monsoon session heads for washout

Uncertainty looms over key bills as monsoon session heads for washout

Rediff.com10 Aug 2026

Major bills, including those on women's reservation, delimitation, and the Foreign Contribution (Regulation) Act (FCRA), face an uncertain future in the ongoing Monsoon session of Parliament due to persistent opposition protests and a lack of consensus.

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

Rediff.com4 Aug 2026

As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.

13-year court battle led to Tarun Tejpal's conviction for rape

13-year court battle led to Tarun Tejpal's conviction for rape

Rediff.com6 Aug 2026

The Bombay High Court has convicted former Tehelka editor Tarun Tejpal for the sexual assault of a junior colleague in 2013, overturning his 2021 acquittal by a trial court.

Indian Navy sink NEROCA to stay alive in Durand Cup

Indian Navy sink NEROCA to stay alive in Durand Cup

Rediff.com5 Aug 2026

The Indian Navy football team secured their first victory in the Durand Cup, defeating NEROCA FC 2-0 in a Group D fixture. Goals from Roshan Panna and E Muhammed Inayath sealed the win, moving the Navy to second place in their group.

Continue HPV drive, but beware of 'half-baked' vaccines: HC

Continue HPV drive, but beware of 'half-baked' vaccines: HC

Rediff.com30 Jul 2026

The Delhi High Court has declined to halt the Centre's HPV immunisation campaign, noting that data on 5.5 million administered vaccines showed no 'instant harm'. However, the court emphasised that 'half-baked vaccines' should not be given to the public and raised 'serious issues' regarding past protocol violations in vaccine testing and certification.

Gangster Chhota Rajan gets 7-year jail in passport forgery case

Gangster Chhota Rajan gets 7-year jail in passport forgery case

Rediff.com30 Jul 2026

Gangster Chota Rajan has been sentenced to seven years' imprisonment by a special CBI court in Chennai for obtaining a passport using forged documents. The conviction follows a 22-year legal battle, with Rajan having assumed the identity of Vijaya Kadam.

Can Social Media Age Bans Work?

Can Social Media Age Bans Work?

Rediff.com7 Aug 2026

At what age should society stop regulating life choices and allow people to make their own?

What Is Analogue Paneer? Why Have The Maharashtra, Gujarat Governments Banned It For A Year?

What Is Analogue Paneer? Why Have The Maharashtra, Gujarat Governments Banned It For A Year?

Rediff.com6 Aug 2026

After Maharashtra's crackdown on analogue paneer, here's what dietitians say about its nutritional value, health concerns and how to choose fresh paneer.

Strait of Hormuz is our territory, Iran warns US allies

Strait of Hormuz is our territory, Iran warns US allies

Rediff.com30 Jul 2026

Iran's Islamic Revolutionary Guard Corps (IRGC) asserted full control over the Strait of Hormuz, claiming two oil tankers turned back after a fire, and warned countries supporting the US against interference in the strategic waterway.

Delhi HC orders winding up of Paytm Payments Bank

Delhi HC orders winding up of Paytm Payments Bank

Rediff.com28 Jul 2026

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.

Lok Sabha passes bill to allow charges on UPI, digital payments

Lok Sabha passes bill to allow charges on UPI, digital payments

Rediff.com6 Aug 2026

The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.