Of the Rs 31,820.80 crore allocated to central sector schemes and projects, only Rs 11,868.05 crore was utilised, according to the revised estimates.
The Enforcement Directorate has frozen 90 bank accounts following searches related to the alleged siphoning of Rs 590 crore of Haryana government funds through IDFC First Bank, involving shell companies and bogus billing for gold purchases.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.
rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.
A 75-year-old doctor from Pune was defrauded of Rs 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.
A special court in Kolkata has remanded businessman Jay Kamdar to eight days' ED custody in connection with an alleged money laundering case. Kamdar, the managing director of Sun Enterprise, was arrested under the PMLA after searches were conducted against him and a Kolkata Police Deputy Commissioner.
Flexicap fund performance depends heavily on the fund manager's decisions.
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Senior Trinamool Congress leader Abhishek Banerjee has accused the BJP-led central government of planning to increase fuel prices after the West Bengal assembly elections. He challenged the BJP to promise no price hikes for LPG, petrol, and diesel over the next five years.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.
TMC leader Abhishek Banerjee criticised the BJP's development record in Balurghat, alleging neglect despite the constituency having a BJP MP and MLA. He challenged the BJP to present a report card of their work and compared it unfavourably to the TMC government's initiatives.
The Enforcement Directorate arrested a Kolkata-based businessman, Jay Kamdar, following searches against him and a Kolkata Police Deputy Commissioner as part of a money laundering probe linked to an alleged criminal syndicate.
Trinamool Congress leader Abhishek Banerjee has accused the BJP government of conspiring against Indian citizens by deleting names from electoral rolls and diverting attention from core issues.
Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan
'Mark Mobius's life was dedicated to investing.'
The Pradhan Mantri Awas Yojana-Grameen has the highest unutilised amount (Rs 13,111 crore) compared to any other centrally sponsored scheme.
Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.
A fraudulent website impersonating the Mangaluru city police was used to deceive individuals into online gambling schemes, prompting a police investigation and public warnings.
A parliamentary panel has criticized the Indian government for withholding funds from states that have not agreed to implement the PM SHRI schools scheme, calling the reasoning behind the decision "not factual or justified." The panel has recommended the immediate release of pending funds to states like Kerala, Tamil Nadu, and West Bengal, which have been significantly impacted by the delays.
Delhi Police have arrested a key accused from Kerala in connection with an interstate investment fraud case involving over Rs 4.5 million. The accused, Jamsheed K, is alleged to have been a 'money handler' in the fraud network.
The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
The Haryana government has approved expenditure of 1,028 crore for various projects across multiple departments, including police housing, public works, and irrigation, aiming to enhance infrastructure and public services in the state.
History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.
A Mumbai-based businessman was allegedly duped of 3.25 crore by a nine-member inter-state criminal gang in a cheating and extortion case. The gang, which included members from Mumbai, Odisha, Bihar, and Jharkhand, also allegedly assaulted and threatened the businessman.
NPS Vatsalya offers a disciplined investment avenue that parents can use to create intergenerational wealth by contributing even small sums.
Jharkhand police have uncovered an interstate cyber fraud network and arrested four individuals involved in fraudulent transactions across 24 states. The investigation was initiated following inputs from the Union Home Ministry's 'Samanvaya portal', leading to the discovery of a bank account in Ramgarh district used for the illicit activities.
A section of industry may need to begin compliance immediately, even as most states are yet to notify their rules.
Total market funds are ideal for long-term investors who prefer a simple, hands-off approach, making them suitable for those unwilling to manage multiple funds.
Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Delhi Police have dismantled a cyber fraud syndicate with connections to foreign handlers, arresting three individuals, including a bank employee. The investigation revealed the use of mule accounts, social media platforms, and cryptocurrency for illicit transactions.
The top 20 fund houses held 6.8 per cent of their portfolios in cash as of May 31, down from a record high of 7.2 per cent in April 2025.
Delhi Police have arrested 11 individuals involved in a cyber fraud racket operating from Delhi and Mumbai, which allegedly defrauded a senior citizen of over Rs 22 lakh with promises of high investment returns. The network is linked to international operators in Cambodia.
Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.
Thane police have arrested CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in connection with an alleged fraud of Rs 71.6 lakh. The company claims the FIR is false and a conspiracy against them.
In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.
Yuki Bhambri and Sumit Nagal receive financial assistance to prepare for the 2026 Asian Games and Davis Cup, while Dhakshineswar Suresh joins the Target Asian Games Group.
