News for 'Financial Conduct Authority'

29 Congress MLAs suspended from Chhattisgarh assembly over opium row

29 Congress MLAs suspended from Chhattisgarh assembly over opium row

Rediff.com9 Mar 2026

The Chhattisgarh assembly was disrupted by Congress protests over alleged illegal opium cultivation on a BJP functionary's farm, leading to the suspension of several MLAs.

Court Awards Damages to Retired Army Officer for Malicious Prosecution

Court Awards Damages to Retired Army Officer for Malicious Prosecution

Rediff.com3 Mar 2026

A Kerala court has awarded damages of Rs five lakh to a retired army officer for malicious prosecution by the police.

Two CAs Arrested in Cyber Fraud Money Laundering Case

Two CAs Arrested in Cyber Fraud Money Laundering Case

Rediff.com5 Mar 2026

Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.

Police Freeze Assets in Cough Syrup Trafficking Case

Police Freeze Assets in Cough Syrup Trafficking Case

Rediff.com26 Feb 2026

Kanpur police have frozen assets worth Rs 9.5 crore, including properties, vehicles, and bank accounts, as part of an investigation into an interstate racket involved in trafficking codeine-based cough syrups.

Women commission to probe egg extraction racket as chilling details emerge

Women commission to probe egg extraction racket as chilling details emerge

Rediff.com27 Feb 2026

The Maharashtra State Women's Commission is investigating a major illegal human egg extraction racket in Thane district, where vulnerable women were exploited for multiple donation cycles using forged documents. The investigation revealed unauthorized IVF clinic operations and unqualified individuals administering medical procedures.

RBI-Esma MoU set to end CCIL impasse

RBI-Esma MoU set to end CCIL impasse

Rediff.com28 Jan 2026

The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).

18 killed, 24 injured in Nagpur explosives factory blast

18 killed, 24 injured in Nagpur explosives factory blast

Rediff.com1 Mar 2026

A blast at an explosives manufacturing factory in Nagpur, Maharashtra, resulted in the death of 17 people and injuries to 18 others. Rescue operations are underway.

Madras high court upholds Rs 1.5 cr income tax penalty against actor Vijay

Madras high court upholds Rs 1.5 cr income tax penalty against actor Vijay

Rediff.com6 Feb 2026

The Madras High Court dismissed a petition by actor Vijay challenging an Income Tax department order to pay a Rs 1.50 crore penalty for alleged non-disclosure of income during 2015-16.

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

Rediff.com23 Feb 2026

The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.

Four Men Get Life for 2017 Delhi Murder: Justice Served

Four Men Get Life for 2017 Delhi Murder: Justice Served

Rediff.com13 Mar 2026

A Delhi court sentenced four men to life imprisonment for the 2017 murder of a 17-year-old boy in Kirti Nagar, West Delhi, finding they acted with common intention.

57% Americans disapprove of Trump's performance: Poll

57% Americans disapprove of Trump's performance: Poll

Rediff.com5 Mar 2026

A new poll indicates that President Donald Trump's approval rating is suffering as economic anxieties and the rising cost of living weigh heavily on US voters, revealing deep political divides and widespread dissatisfaction with the government.

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

Rediff.com16 Feb 2026

The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

Relief for Rajpal Yadav as HC suspends sentence in Rs 9 cr cheque bounce case

Relief for Rajpal Yadav as HC suspends sentence in Rs 9 cr cheque bounce case

Rediff.com16 Feb 2026

The Delhi High Court has suspended actor Rajpal Yadav's sentence in a cheque bounce case until March 18, allowing his release from jail after he deposited Rs 1.5 crore.

Mumbai: Parapet segment of Metro bridge crashes; 1 dead, 3 injured

Mumbai: Parapet segment of Metro bridge crashes; 1 dead, 3 injured

Rediff.com15 Feb 2026

The incident took place around 12:20pm on the arterial LBS Road in front of Johnson and Johnson factory in Mulund area.

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

UPSC introduces face authentication, eligibility changes for civil services exam

UPSC introduces face authentication, eligibility changes for civil services exam

Rediff.com6 Feb 2026

The Union Public Service Commission (UPSC) has announced mandatory face authentication for all candidates at examination centers and introduced stricter eligibility criteria for the Civil Services Examination (CSE) 2026.

Sports Ministry asks SAI to formulate SOP for future events

Sports Ministry asks SAI to formulate SOP for future events

Rediff.com21 Jan 2026

To prevent India Open-like mess, Sports Ministry asks SAI to draw up SOP

Lessons To Learn From The Tatas

Lessons To Learn From The Tatas

Rediff.com30 Jan 2026

Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.

Swing collapses at Surajkund fair in Faridabad, cop dies, operator held

Swing collapses at Surajkund fair in Faridabad, cop dies, operator held

Rediff.com8 Feb 2026

The tragedy struck the 39th Surajkund International Crafts Mela on Saturday evening, when about 19 people were riding the swing before it suddenly tilted and then crashed onto the ground.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

ISL Crisis: Desperate AIFF Willing To Take 'Pay Cut'!

ISL Crisis: Desperate AIFF Willing To Take 'Pay Cut'!

Rediff.com2 Dec 2025

AIFF for "flexible" approach during Sports Minister Mandaviya's meeting with football stakeholders.

SC bars stem cell therapy for autism outside clinical trials

SC bars stem cell therapy for autism outside clinical trials

Rediff.com30 Jan 2026

The Supreme Court of India has ruled that stem cell therapies for Autism Spectrum Disorder (ASD) can only be offered within approved and monitored clinical trial settings, deeming any other use unethical and potentially malpractice.

The Jail Where Nicolas Maduro Is Imprisoned

The Jail Where Nicolas Maduro Is Imprisoned

Rediff.com8 Jan 2026

Well-known inmates of the notorious Metropolitan Detention Center, Brooklyn, New York.

'Husband Can't Force Wife To Look After Parents'

'Husband Can't Force Wife To Look After Parents'

Rediff.com8 Jan 2026

'Caring for one's parents is the husband's responsibility, especially if he is the earning member of the family.' 'The wife may be financially dependent on him but that does not create a legal obligation for her to serve or care for her in-laws.'

Mamata storms I-PAC chief's house during ED raid, alleges bid to seize TMC data

Mamata storms I-PAC chief's house during ED raid, alleges bid to seize TMC data

Rediff.com9 Jan 2026

West Bengal Chief Minister Mamata Banerjee on Thursday dramatically turned up at the residence of Indian Political Action Committee (I-PAC) chief Pratik Jain amid an ongoing Enforcement Directorate raid, alleging that the central agency was attempting to seize the Trinamool Congress's internal documents, hard disks and sensitive data linked to its election strategy.

Trai Launches Digital Consent Pilot

Trai Launches Digital Consent Pilot

Rediff.com11 Dec 2025

A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

IPL 2026 Auction: Shock Buys Became A Recurring Theme

IPL 2026 Auction: Shock Buys Became A Recurring Theme

Rediff.com17 Dec 2025

IPL Auction 2026 was not just about money; it was a celebration of ambition, opportunity, and the unrelenting belief that the next big star could come from anywhere.

'Goa Nightclub Fire Was Murder!'

'Goa Nightclub Fire Was Murder!'

Rediff.com9 Dec 2025

'When an establishment operates despite demolition or closure orders, without proper fire exits, evacuation plans or safety audits, and yet is allowed to host large crowds, the state cannot hide behind the language of accident.' 'The authorities were aware of the risks and of the violations, but chose not to act decisively because doing so would have inconvenienced those with influence and financial stakes.' 'In such a scenario, the moral and legal responsibility for the resulting deaths moves from negligence towards culpability; calling it 'murder' is a way of underlining that these lives were sacrificed at the altar of greed and complicity, not fate.'

Maha farmers get Rs 3 as compensation under crop insurance scheme

Maha farmers get Rs 3 as compensation under crop insurance scheme

Rediff.com30 Oct 2025

Farmers in some villages of Maharashtra's Akola district claimed to have received as little as Rs 3 and Rs 21 as compensation under a central insurance scheme for the crop losses they suffered due to heavy rains, and called the aid as 'insulting' and 'mockery' of their plight.

Viable Commercial Framework Sought To End ISL Crisis

Viable Commercial Framework Sought To End ISL Crisis

Rediff.com19 Nov 2025

SC-appointed Justice Rao recommends striking balance between AIFF autonomy and bidders' interests

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

Registration Isn't Ownership

Registration Isn't Ownership

Rediff.com26 Nov 2025

Lawful possession means having both actual control over a property and a valid legal right to keep it, usually based on a registered sale deed, lease agreement, or lawful allotment.

Will Kolkata fiasco dent India's Olympic hosting chances?

Will Kolkata fiasco dent India's Olympic hosting chances?

Rediff.com15 Dec 2025

The All India Football Federation (AIFF) issued a statement clarifying that Lionel Messi's event in Kolkata was a private event organised by a PR agency and the federation was not involved in the "planning or execution" of the event at Salt Lake Stadium on Saturday.

Over 17 lakh died in India due to air pollution in 2022: Report

Over 17 lakh died in India due to air pollution in 2022: Report

Rediff.com30 Oct 2025

A Lancet report reveals a significant increase in deaths attributable to PM2.5 pollution in India, with fossil fuels being a major contributing factor. The report highlights the economic and health consequences of air pollution and the urgent need for a transition to cleaner energy sources.

Indian-American govt employee held in NY for doing 2 jobs

Indian-American govt employee held in NY for doing 2 jobs

Rediff.com24 Oct 2025

The United States authorities have arrested an Indian-American government employee on charges of 'grand larceny' for allegedly working a 'second, full-time job' during the hours he was being paid to perform his official duties as a state employee.

Maharashtra Oppn boycotts govt tea party over LoP appointment row

Maharashtra Oppn boycotts govt tea party over LoP appointment row

Rediff.com7 Dec 2025

The Opposition in Maharashtra boycotted the government's customary tea party on the eve of the Winter session, citing its failure to appoint leaders of the opposition (LoPs) in both houses of the state legislature.

Should India Retain The Inflation Targeting Regime?

Should India Retain The Inflation Targeting Regime?

Rediff.com1 Dec 2025

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Rediff.com16 Oct 2025

In the latest case, the fraudsters, posing as personnel of the Enforcement Directorate and the Central Bureau of Investigation, contacted the businessmen between August 19 to October 8 and claimed his name had cropped up in a case of money laundering.