News for 'Department of Financial Services'

Audit Flags Irregularities At Delhi Medical Council

Audit Flags Irregularities At Delhi Medical Council

Rediff.com15 May 2026

The Delhi government's Health Department has received an audit report highlighting alleged financial and administrative irregularities within the Delhi Medical Council (DMC) between 2019 and 2025.

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

Odisha Gymnastics Body Accused Of Using Dead President's Name For Funds

Odisha Gymnastics Body Accused Of Using Dead President's Name For Funds

Rediff.com29 May 2026

The Odisha Gymnastics Association is under investigation for allegedly using the name of its deceased president to secure funds from the state government. A complaint questions the association's governance and financial practices, including the sanctioning of funds from multiple agencies for the same event.

Over 20 lakh aspirants take NEET re-test in India, abroad amid tight security

Over 20 lakh aspirants take NEET re-test in India, abroad amid tight security

Rediff.com21 Jun 2026

The NEET-UG re-exam was held at centres across the country and overseas on Sunday amid tight security arrangements for the smooth conduct of the examination.

Another Arrest In Assam Fisheries Corporation Scam

Another Arrest In Assam Fisheries Corporation Scam

Rediff.com31 May 2026

Another accused in the alleged financial irregularities in Assam Fisheries Development Corporation Ltd has been apprehended in Odisha, marking the ninth arrest in the case.

Jharkhand to Provide Financial Aid to Crime Victims

Jharkhand to Provide Financial Aid to Crime Victims

Rediff.com26 Feb 2026

The Jharkhand government will provide financial assistance to victims of crime or their dependents under the Jharkhand Victim Compensation Scheme, 2016. Minimum compensation amounts have been fixed for various crimes, with applications submitted to the District Legal Services Authority (DLSA).

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

Rediff.com17 Jun 2026

Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."

Don't Blindly Trust Your Form 16

Don't Blindly Trust Your Form 16

Rediff.com19 Jun 2026

Salaried taxpayers should not use these forms blindly to file their income-tax returns.

Former Kerala CM's daughter seeks more time, ED summons her on June 17

Former Kerala CM's daughter seeks more time, ED summons her on June 17

Rediff.com12 Jun 2026

The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com1 Jul 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

How Haryana's Auto-Mutation System Is Revolutionising Land Records

How Haryana's Auto-Mutation System Is Revolutionising Land Records

Rediff.com9 Jun 2026

Haryana has significantly reformed its land records administration, reducing pending mutation cases by over 90% and implementing an auto-mutation system. This digitisation effort aims to make land management faster, more transparent, and technology-driven, improving efficiency and public trust.

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

Rediff.com9 Jun 2026

Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.

Odisha Vigilance Raids Engineer, Seizes Crores In Cash And Assets

Odisha Vigilance Raids Engineer, Seizes Crores In Cash And Assets

Rediff.com6 Jun 2026

The Odisha Vigilance Department has uncovered assets worth crores of rupees, including over Rs 2 crore in cash, multiple properties, and gold, during raids on an assistant executive engineer. The engineer, Baikuntha Nath Behera, is under investigation for disproportionate assets. Separately, a lineman was arrested for accepting a bribe.

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

Rediff.com18 Jun 2026

The United States and Iran have reached an agreement in principle to immediately and permanently halt all military operations, lift sanctions, and work towards a comprehensive final agreement within 60 days, including a significant reconstruction package for Iran.

Ration shops to double up as financial service providers in Chhattisgarh

Ration shops to double up as financial service providers in Chhattisgarh

Rediff.com22 Nov 2022

The Chhattisgarh government has decided to set up model fair-price shops (FPS) in each district and encourage owners to act as banking correspondents for providing financial services. The state has around 12,300 fair-price shops across 33 districts. The state government is, however, encouraging FPS owners to provide a host of services besides acting as a banking correspondent.

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Rediff.com27 May 2026

Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

National summit on financial services at GIFT City

National summit on financial services at GIFT City

Rediff.com19 Feb 2014

Gujarat Chief Minister Narendra Modi was the Chief Guest at the event.

Ghaziabad Madrassas Sealed After Teen Murder Case

Ghaziabad Madrassas Sealed After Teen Murder Case

Rediff.com2 Jun 2026

Authorities in Ghaziabad intensified verification drives and sealed three unrecognised madrassas in the Khoda area following the murder of a 17-year-old boy. The incident has led to heightened security measures and political reactions.

Delhi: Locals pelt stones at fire tenders over 'delayed' response

Delhi: Locals pelt stones at fire tenders over 'delayed' response

Rediff.com23 May 2026

A major fire swept through a furniture market in Shastri Park, northeast Delhi, destroying numerous shops and resulting in significant financial losses. Firefighting operations continued overnight, with locals alleging delays in response.

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Rediff.com28 May 2026

Kerala Home Minister Ramesh Chennithala has alleged that the violent attack on Enforcement Directorate (ED) officials' vehicles was a conspiracy by the CPI(M) to disrupt law and order. The ED raids were linked to financial dealings between former CM Pinarayi Vijayan's daughter's firm and a sand mining company.

Maha: Firefighter, guard killed in Thane vegetable market blaze

Maha: Firefighter, guard killed in Thane vegetable market blaze

Rediff.com21 May 2026

A firefighter and a security guard died, and two firefighters were injured, in a major fire at a vegetable market near Thane railway station. The blaze destroyed 155 stalls, prompting investigations and financial aid for victims' families.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com20 May 2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com16 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Kerala Police Arrest Four After ED Officials Attacked

Kerala Police Arrest Four After ED Officials Attacked

Rediff.com27 May 2026

Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

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."

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com15 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Avoid These Life Insurance Mistakes

Avoid These Life Insurance Mistakes

Rediff.com8 May 2026

Proposal forms are often filled by the agent. Check the form after it is filled.

GST Fraud: Mastermind Arrested In Rs 410 Crore ITC Scam

GST Fraud: Mastermind Arrested In Rs 410 Crore ITC Scam

Rediff.com22 Apr 2026

The Commercial Taxes Department has arrested Mohammed Tauqeer for his involvement in generating and routing fraudulent ITC across multiple states, unearthing a GST fraud worth Rs 410 crore.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Did These Election Promises Win Tamil Nadu For Vijay?

Did These Election Promises Win Tamil Nadu For Vijay?

Rediff.com4 May 2026

Actor-politician Vijay's TVK party is likely to form the government, bringing focus to their election promises, including gold for marriage, financial assistance for women, and job creation.

Doctors, Lab Operators Involved In Rajasthan Health Scheme Fraud

Doctors, Lab Operators Involved In Rajasthan Health Scheme Fraud

Rediff.com4 May 2026

The Special Operations Group (SOG) has uncovered a major fraud in the Rajasthan Government Health Scheme, involving doctors and a lab operator allegedly causing financial losses worth crores to the state exchequer.

Why ED Raided Pinarayi Vijayan's Residence

Why ED Raided Pinarayi Vijayan's Residence

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.

Chhattisgarh Government Suspends IG Over Misconduct Allegations

Chhattisgarh Government Suspends IG Over Misconduct Allegations

Rediff.com26 Mar 2026

The Chhattisgarh government has suspended Inspector General of Police Ratan Lal Dangi following a complaint of harassment and financial irregularities. The suspension is due to alleged violations of service conduct rules and unbecoming behaviour.

Supreme Court Orders Swift Probe Into Advocate Assault Case

Supreme Court Orders Swift Probe Into Advocate Assault Case

Rediff.com16 May 2026

The Supreme Court has directed Delhi Police to expedite its investigation into the assault of a woman advocate, allegedly by her husband, while ensuring the safety of the victim and her children.

UPI Transactions Surge to Record High: Understanding the Growth Factors

UPI Transactions Surge to Record High: Understanding the Growth Factors

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, driven by increased adoption and global expansion. The system now accounts for 85% of digital transactions in India and is live in eight countries.

UPI Transactions Surge to Record Levels in March

UPI Transactions Surge to Record Levels in March

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, with 22.64 billion transactions, marking a significant increase from the previous year and highlighting the growing adoption of digital payments.

Suvendu govt prioritises women's empowerment, welfare schemes

Suvendu govt prioritises women's empowerment, welfare schemes

Rediff.com14 May 2026

West Bengal minister Agnimitra Paul announced the BJP government's commitment to women's empowerment and the continuation of welfare schemes. The 'Annapurna Bhandar' scheme will be accessible through an online portal, ensuring ease of application for all women in Bengal. Chief Minister Suvendu Adhikari has directed officials to implement the scheme and free bus travel for women, while also assuring that existing social welfare schemes will continue.

UK health minister quits, may challenger Starmer for PM

UK health minister quits, may challenger Starmer for PM

Rediff.com14 May 2026

UK Health Secretary Wes Streeting resigned from the Cabinet, citing a loss of confidence in Prime Minister Keir Starmer's leadership, potentially triggering a Labour leadership contest.