News for 'Fund of Funds'

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Rediff.com1 days ago

A 41-year-old man in Thane has alleged that four individuals kidnapped him, assaulted him, and forced him to transfer Rs 47.25 lakh, blaming him for stock market losses incurred by their clients. The accused are middlemen who invested through the complainant.

Delhi Police Arrests Gang For Robbery, Kidnapping

Delhi Police Arrests Gang For Robbery, Kidnapping

Rediff.com28 May 2026

Delhi Police arrested four men and apprehended two juveniles for allegedly abducting and robbing a man on Urban Extension Road-II in Outer North Delhi. The accused committed the crime to fund their partying and lavish spending.

Netrasemi's Indigenous AI Chipset A2000 Nears Commercial Launch

Netrasemi's Indigenous AI Chipset A2000 Nears Commercial Launch

Rediff.com28 May 2026

Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Rediff.com4 days ago

The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.

Delhi Man Arrested For Defrauding Paralyzed Brother-In-Law

Delhi Man Arrested For Defrauding Paralyzed Brother-In-Law

Rediff.com23 May 2026

Delhi Police have arrested a 26-year-old man for allegedly siphoning off Rs 1.48 lakh from his paralysed brother-in-law's bank accounts after gaining the family's trust as his caretaker.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com4 days ago

Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

Delhi CM Urges Transparency In Welfare Scheme Rollout

Delhi CM Urges Transparency In Welfare Scheme Rollout

Rediff.com27 May 2026

Delhi Chief Minister Rekha Gupta has directed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget, warning of potential fund reductions for departments failing to utilise allocated budgets effectively.

Akhilesh cuts ties with I-PAC for 2027 UP Polls

Akhilesh cuts ties with I-PAC for 2027 UP Polls

Rediff.com6 May 2026

The Samajwadi Party has ended its association with the Indian Political Action Committee (I-PAC) due to a lack of funds, according to party president Akhilesh Yadav.

Ex-Minister's Brother Swarup Biswas In Police Custody Over Extortion Racket

Ex-Minister's Brother Swarup Biswas In Police Custody Over Extortion Racket

Rediff.com1 hour ago

Trinamool Congress leader Swarup Biswas, brother of former West Bengal Sports minister Aroop Biswas, has been remanded to police custody in Kolkata. He was arrested in connection with an alleged extortion racket operating in the Tollygunge film and television industry, facing charges of sexual harassment, extortion, and attempt to murder.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com4 days ago

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com1 hour ago

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

Rediff.com5 days ago

Pakistan's ISI is reportedly pushing its network of Over Ground Workers (OGWs) in Jammu and Kashmir to infiltrate mainstream national political parties to evade security crackdowns and investigations. The ISI is also attempting to revive dormant, locally-founded terror outfits to give an 'indigenous colour' to terrorist violence and mask Pakistan's direct involvement.

What Are Aggressive Hybrid Funds?

What Are Aggressive Hybrid Funds?

Rediff.com16 Oct 2025

Investors having a moderate-risk profile can use these funds in their retirement portfolios.

Bengal To Investigate Fake Beneficiaries In Cash Transfer Scheme

Bengal To Investigate Fake Beneficiaries In Cash Transfer Scheme

Rediff.com4 days ago

West Bengal Chief Minister Suvendu Adhikari has ordered a special investigation into alleged fake beneficiaries of the Lakshmir Bhandar scheme, a women's cash transfer programme from the previous government, also initiating a money laundering probe.

Delhi University Halts St Stephen's Ex-Principal's Absorption

Delhi University Halts St Stephen's Ex-Principal's Absorption

Rediff.com7 days ago

Delhi University has directed St Stephen's College to halt the absorption of former principal John Varghese into the English department, citing violations of UGC regulations and procedural errors.

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.

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Rediff.com27 May 2026

Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.

AIFF Secretary Rubbishes Corruption Claims Against President Chaubey

AIFF Secretary Rubbishes Corruption Claims Against President Chaubey

Rediff.com27 May 2026

The All India Football Federation (AIFF) secretary M Satyanarayanan has refuted allegations of corruption against president Kalyan Chaubey, stating that no concrete evidence has been found.

Are Passive Funds On A Comeback Trail?

Are Passive Funds On A Comeback Trail?

Rediff.com11 Nov 2025

Passive funds appeal to investors seeking to avoid the risk of underperformance by the fund manager and minimise the need for frequent chopping and changing of funds.

Punjab Minister's ED Remand Extended In Money Laundering Probe

Punjab Minister's ED Remand Extended In Money Laundering Probe

Rediff.com16 May 2026

A court in Gurugram has extended the Enforcement Directorate (ED) remand of Punjab minister Sanjeev Arora by two days in connection with a Rs 100-crore money laundering case.

Shakira, Madonna, BTS To Headline 2026 FIFA World Cup Halftime Show

Shakira, Madonna, BTS To Headline 2026 FIFA World Cup Halftime Show

Rediff.com14 May 2026

Global pop stars Shakira, Madonna and Korean sensation BTS will headline the first-ever halftime show at the 2026 FIFA World Cup final with proceeds going towards a global education initiative.

The Rediff Podcast: Andrew Holland: 'I'd Bet 80% Of My Money On India'

The Rediff Podcast: Andrew Holland: 'I'd Bet 80% Of My Money On India'

Rediff.com13 May 2026

Market maven Andrew Holland on why India missed the AI wave, why FIIs are leaving, why he personally invests in cryptocurrencies and why he's still betting big on the country.

Gurugram Digital Arrest Scam: Five Arrested In Rs 42.92 Lakh Fraud Case

Gurugram Digital Arrest Scam: Five Arrested In Rs 42.92 Lakh Fraud Case

Rediff.com1 days ago

Gurugram police have arrested five individuals in connection with a Rs 42.92 lakh digital arrest scam. The fraudsters posed as CBI officers, intimidated a victim, and coerced them into transferring a large sum of money. The arrested individuals include account holders and those who withdrew the defrauded cash.

Builder Duped Of 18 Lakh On Loan Promise In Thane

Builder Duped Of 18 Lakh On Loan Promise In Thane

Rediff.com22 May 2026

A builder and two others were allegedly duped of 18.19 lakh by two individuals in Thane, Maharashtra, who promised to secure business loans for them.

Why MP Rashid Was Granted Bail To See His Father

Why MP Rashid Was Granted Bail To See His Father

Rediff.com30 Apr 2026

Jailed Lok Sabha member Sheikh Abdul Rashid has been granted a week's interim bail by the Delhi High Court to visit his ailing father in Srinagar. Rashid, an MP from Jammu and Kashmir's Baramulla, is facing trial in a terror-funding case and has been in Delhi's Tihar Jail since 2019.

'I'm an honorary cockroach': Wangchuk hits back at Ladakh LG

'I'm an honorary cockroach': Wangchuk hits back at Ladakh LG

Rediff.com7 days ago

Activist Sonam Wangchuk has rejected Ladakh Lieutenant Governor VK Saxena's claim that he was 'unsure' of the online movement's origins, asserting he considers himself an 'honorary cockroach'.

Agencies flag 'crypto hawala' pipeline funding terror in J-K

Agencies flag 'crypto hawala' pipeline funding terror in J-K

Rediff.com18 Jan 2026

Mirroring the traditional hawala system, where money is sent through non-banking channels, this digital version uses the anonymity of unregulated cryptocurrency to erase the financial trail and inject cash into the domestic economy.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com3 days ago

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com10 hours ago

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

ISI-underworld terror module busted, 9 arrested; explosives recovered

ISI-underworld terror module busted, 9 arrested; explosives recovered

Rediff.com6 days ago

The arrests were made following a sustained investigation and intelligence-based operation. Officials said the module was under surveillance for some time before coordinated action was taken to apprehend its members.

Agencies bust 8,000 mule accounts in J-K; warn of terror funding risk

Agencies bust 8,000 mule accounts in J-K; warn of terror funding risk

Rediff.com15 Feb 2026

Security agencies have uncovered a vast network of 'mule accounts' in Jammu and Kashmir used to launder money for global scams, raising concerns about potential links to separatist activities.

What Joint Account Holders Must Know

What Joint Account Holders Must Know

Rediff.com7 days ago

Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.

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.

Haryana Police Bolstered With New Emergency Response Vehicles

Haryana Police Bolstered With New Emergency Response Vehicles

Rediff.com4 days ago

Haryana Chief Minister Nayab Singh Saini flagged off 312 Emergency Response Vehicles (ERVs) for the Haryana Police, including motorcycles and Honda Elevate vehicles, provided by Honda India Foundation under its Corporate Social Responsibility (CSR) initiative.

RBI Simplifies Outward Remittance Rules For Non-Bank Entities

RBI Simplifies Outward Remittance Rules For Non-Bank Entities

Rediff.com13 May 2026

The Reserve Bank of India (RBI) has removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India, aiming to streamline the process and enhance efficiency.

Rs 800 Crore Chitfund Scam: CBI Nabs Masterminds

Rs 800 Crore Chitfund Scam: CBI Nabs Masterminds

Rediff.com3 days ago

The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, officials said.

Odisha Government Honours Para Archer Payal Nag For World Series Win

Odisha Government Honours Para Archer Payal Nag For World Series Win

Rediff.com6 days ago

The Odisha government felicitated para archer Payal Nag for winning two gold medals at the World Para Archery Series 2026 in Bangkok and qualifying for the Para Asian Games. She received a cash award and funds for sports equipment.

ED Attaches Assets In Global Media App Fraud Case

ED Attaches Assets In Global Media App Fraud Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has attached properties worth Rs 1.06 crore in connection with the 'Global Media App' fraud, an online earning platform that allegedly generated over Rs 45 crore through illicit means.

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.