News for 'Financial Powers'

Self-Styled Godman Kharat Remanded To Police Custody

Self-Styled Godman Kharat Remanded To Police Custody

Rediff.com24 Apr 2026

A court in Nashik has remanded self-styled godman Ashok Kharat to police custody until April 26 in connection with the sixth case of sexual exploitation registered against him. Kharat, already arrested on March 18, faces multiple accusations of sexually exploiting women and engaging in financial fraud by exploiting his claimed divine powers.

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Rediff.com22 May 2026

Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.

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.

ED Files Chargesheet In Al-Falah University Land Fraud Case

ED Files Chargesheet In Al-Falah University Land Fraud Case

Rediff.com27 May 2026

The Enforcement Directorate (ED) has filed a chargesheet against Al-Falah University founder Jawad Ahmad Siddiqui and others in a money laundering case involving the fraudulent acquisition of land worth approximately Rs 46 crore.

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Rediff.com20 May 2026

The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.

Trump pushes mega Middle East reset through Iran deal

Trump pushes mega Middle East reset through Iran deal

Rediff.com26 May 2026

In a lengthy post on Truth Social, Trump said negotiations with Iran were 'proceeding nicely' and argued that several Muslim and Arab nations should formally recognise Israel and join the Abraham Accords once a deal is reached.

AU Small Finance Bank Pioneers AI-Native Loan Origination

AU Small Finance Bank Pioneers AI-Native Loan Origination

Rediff.com12 May 2026

AU Small Finance Bank has launched its first AI-native loan origination system, built on the Broccoli platform, in partnership with Amazon Web Services. This deployment marks a significant step towards becoming a fully AI-native bank, replacing traditional systems with a hyper-personalised sales and servicing platform.

Jameel Khan: 'I Turned Down Gullak Because...'

Jameel Khan: 'I Turned Down Gullak Because...'

Rediff.com8 Jun 2026

'The role was of a father, which was a bit unflattering. I thought I would get typecast with this show.' 'Today, after doing five seasons, I feel extremely lucky that I did it.'

Ex-WAPCOS Chief Faces Corruption Charges: CBI Investigates

Ex-WAPCOS Chief Faces Corruption Charges: CBI Investigates

Rediff.com4 May 2026

The CBI has registered a corruption case against Rajni Kant Agrawal, the former chairman-cum-managing director of Water and Power Consultancy Services (WAPCOS), following a complaint from the Ministry of Jal Shakti.

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Rediff.com30 Apr 2026

Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.

Will blow up Iran's oil wells, power plants, Kharg Island if....., warns Trump

Will blow up Iran's oil wells, power plants, Kharg Island if....., warns Trump

Rediff.com30 Mar 2026

US President Donald Trump has threatened to target Iran's civilian energy infrastructure, including power plants, oil wells and Kharg Island, if Tehran does not reopen the Strait of Hormuz.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rediff.com15 May 2026

Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.

'In Situation Room, to make final determination': Trump on Iran truce

'In Situation Room, to make final determination': Trump on Iran truce

Rediff.com30 May 2026

In a development that could reshape West Asia's security landscape, US President Donald Trump announced Friday that he will convene an emergency meeting in the White House Situation Room to make a final decision on a broad, multi-part peace deal with Iran.

Salim Kumar's 10 Funniest Characters

Salim Kumar's 10 Funniest Characters

Rediff.com8 Jun 2026

From Manavalan to Kannan Srank, a tribute to the unforgettable Salim Kumar who made generations of Malayalis laugh with his signature humour.

Armed forces get emergency financial powers to fight Covid

Armed forces get emergency financial powers to fight Covid

Rediff.com30 Apr 2021

"These powers will help Formation Commanders to establish and operate quarantine facilities/ hospitals and to undertake procurement/ repair of eqpt/ items/ material/ stores, besides provisioning of various services and works required to support the ongoing effort against COVID," his office tweeted.

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Rediff.com11 May 2026

Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.

Why Imran Khan's Lawyers Want Al Qadir Case Delayed

Why Imran Khan's Lawyers Want Al Qadir Case Delayed

Rediff.com6 May 2026

Lawyers for Imran Khan and his wife Bushra Bibi have requested an adjournment in the 190 million-pound Al Qadir case, citing difficulties in obtaining instructions from their clients in jail. The case involves allegations of corruption related to the Al-Qadir Trust.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Tata Sons Dilemma: To List Or Not To List

Tata Sons Dilemma: To List Or Not To List

Rediff.com26 May 2026

The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.

New Punjab BJP Chief Dhillon Sets Sights On 2027 Assembly Elections

New Punjab BJP Chief Dhillon Sets Sights On 2027 Assembly Elections

Rediff.com30 May 2026

Newly appointed Punjab BJP chief Kewal Singh Dhillon has outlined his plans to strengthen the party in the state, aiming for a majority in the 2027 assembly elections. He criticised the ruling AAP government and promised to address key issues such as crop diversification and law and order.

Now, North, South Blocks to showcase 5,000 years of Indian history

Now, North, South Blocks to showcase 5,000 years of Indian history

Rediff.com31 May 2026

Work has commenced on restoring the North and South Blocks to their original design, paving the way for the Yuge Yugeen Bharat National Museum project, with a target completion date for the first phase set for 2028.

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.

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Rediff.com23 May 2026

The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.

Sensex jumps 650 points on buying in power, banking stocks

Sensex jumps 650 points on buying in power, banking stocks

Rediff.com16 Feb 2026

Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.

Why Staying Invested During Wars Builds Wealth

Why Staying Invested During Wars Builds Wealth

Rediff.com7 May 2026

Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan

Chouhan Launches Free Coaching For Disadvantaged Students

Chouhan Launches Free Coaching For Disadvantaged Students

Rediff.com10 May 2026

Union Agriculture Minister Shivraj Singh Chouhan launched 'Mama Coaching Classes' in Madhya Pradesh's Vidisha to provide free coaching and guidance for competitive examinations to economically disadvantaged yet talented students.

Why Akhilesh Yadav Wants CBI Inquiry Into Hardoi Killing

Why Akhilesh Yadav Wants CBI Inquiry Into Hardoi Killing

Rediff.com30 Apr 2026

Samajwadi Party president Akhilesh Yadav has demanded a CBI inquiry into the murder of a girl in Hardoi, Uttar Pradesh, alleging that the state has become unsafe for women under the BJP government. He visited the victim's family, offered financial assistance, and criticised the state administration for failing to protect her despite her repeated appeals to the police.

Akhilesh Yadav Calls For CBI Inquiry Into Hardoi Murder Case

Akhilesh Yadav Calls For CBI Inquiry Into Hardoi Murder Case

Rediff.com30 Apr 2026

Samajwadi Party president Akhilesh Yadav has demanded a CBI inquiry into the killing of a girl in Hardoi's Bilgram area, asserting that Uttar Pradesh has become 'number one' in crimes against women under the BJP rule.

Satheesan-led Kerala govt sworn in, announces key welfare measures

Satheesan-led Kerala govt sworn in, announces key welfare measures

Rediff.com18 May 2026

V D Satheesan was sworn in as Kerala's Chief Minister, with Governor Rajendra Vishwanath Arlekar administering the oath of office. The swearing-in ceremony was attended by prominent political figures, including Congress leaders and Chief Ministers of Congress-ruled states.

ED Moves To Take Custody Of Godman In Money Laundering Probe

ED Moves To Take Custody Of Godman In Money Laundering Probe

Rediff.com2 May 2026

The Enforcement Directorate (ED) has approached a special PMLA court in Mumbai seeking a production warrant against Ashok Kharat, a self-styled godman and astrologer, in connection with a money laundering case linked to rape and fraud allegations.

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.

Satheesan Consults Antony, Sudheeran After Being Named Kerala CM

Satheesan Consults Antony, Sudheeran After Being Named Kerala CM

Rediff.com14 May 2026

Newly appointed Kerala CM V D Satheesan seeks guidance from senior Congress leaders A K Antony and V M Sudheeran, receiving advice on navigating the challenges of leadership and addressing the state's financial and developmental issues.

Pay Loans Or Invest? What Should You Do?

Pay Loans Or Invest? What Should You Do?

Rediff.com5 May 2026

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

Self-Styled Godman Kharat Sent To Jail In Sexual Exploitation Case

Self-Styled Godman Kharat Sent To Jail In Sexual Exploitation Case

Rediff.com30 Apr 2026

Self-proclaimed godman and astrologer Ashok Kharat has been remanded to judicial custody until May 12 in connection with an eighth case of sexual exploitation. The Special Investigation Team (SIT) is investigating a total of 12 cases of sexual exploitation and financial fraud registered against Kharat.

UPI Transactions Surge To 22.35 Billion In April

UPI Transactions Surge To 22.35 Billion In April

Rediff.com4 May 2026

UPI transactions reached 22.35 billion in April, marking a 25 per cent increase compared to April 2025. UPI now accounts for 85 per cent of all digital transactions in India and is live in eight countries.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.