News for 'Fund of Funds'

ED Conducts Raids In Panchkula Municipal Corp Fraud Case

ED Conducts Raids In Panchkula Municipal Corp Fraud Case

Rediff.com23 Apr 2026

The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.

ED Gets Nod To Arrest Godman In Money Laundering Case

ED Gets Nod To Arrest Godman In Money Laundering Case

Rediff.com19 May 2026

A special court has granted the Enforcement Directorate (ED) permission to arrest self-styled godman Ashok Kharat in connection with a Rs 70 crore money laundering case. Kharat, already facing rape and fraud charges, was produced before the Special PMLA Court on a production warrant from Nashik jail.

Sensex drops 245 points on persistent foreign fund outflows

Sensex drops 245 points on persistent foreign fund outflows

Rediff.com14 Jan 2026

From the 30-Sensex firms, Tata Consultancy Services, Asian Paints, Maruti, Sun Pharma, Hindustan Unilever, ICICI Bank, Kotak Mahindra Bank, Tech Mahindra, HDFC Bank and Larsen & Toubro were among the biggest laggards. On the other hand, Tata Steel, NTPC, Axis Bank and UltraTech Cement were among the gainers.

Man Held After Software Engineer Falls From Bridge During Robbery

Man Held After Software Engineer Falls From Bridge During Robbery

Rediff.com13 May 2026

A 20-year-old man was arrested in Dehradun for allegedly robbing a software engineer who fell from a bridge during a scuffle. The incident occurred after the victim and the accused consumed alcohol together. Police are searching for a second suspect.

Sensex, Nifty Decline on Geopolitical Cues, FII Selling

Sensex, Nifty Decline on Geopolitical Cues, FII Selling

Rediff.com27 May 2026

Indian benchmark indices Sensex and Nifty closed lower for the second consecutive day, driven by investor caution over conflicting geopolitical signals from West Asia and fresh foreign institutional investor (FII) outflows.

ICC approves pink ball trials and coach access in Test matches

ICC approves pink ball trials and coach access in Test matches

Rediff.com4 days ago

The ICC has approved trialling the use of pink balls in Test matches to maximise play in bad light, along with allowing coaches on the field during drinks breaks. Cricket Canada has been suspended due to breaches of membership obligations.

Nine Arrested In Delhi Coaching Scam: What We Know

Nine Arrested In Delhi Coaching Scam: What We Know

Rediff.com1 May 2026

The Anti-Corruption Branch (ACB) has arrested nine individuals linked to coaching institutes in connection with an alleged Rs 37.20-crore scam involving a Delhi government scheme.

CBI Files Chargesheet In Builder-Banker Nexus Case

CBI Files Chargesheet In Builder-Banker Nexus Case

Rediff.com8 May 2026

The CBI has filed a chargesheet against Shubhkamna Buildtech Pvt Ltd and its directors, its sixth in the Supreme Court-directed probe into the builder-banker nexus case, officials said Friday.

From US to China to Lashkar: NIA traces GoPro camera trail in Pahalgam probe

From US to China to Lashkar: NIA traces GoPro camera trail in Pahalgam probe

Rediff.com24 May 2026

Indian investigators are tracing the supply chain of a US-manufactured GoPro camera found with Lashkar-e-Taiba terrorists, revealing a potential external logistics network supporting terror outfits in Jammu and Kashmir.

Indian Equities Extend Losses as Geopolitical Tensions, FII Outflows Weigh

Indian Equities Extend Losses as Geopolitical Tensions, FII Outflows Weigh

Rediff.com8 May 2026

Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.

Jharkhand BJP Urges Prompt Police Salary Disbursement

Jharkhand BJP Urges Prompt Police Salary Disbursement

Rediff.com28 Apr 2026

The opposition BJP in Jharkhand has demanded the prompt payment of salaries to police personnel, which have been withheld following alleged irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not received their salaries since March due to ongoing investigations into the matter.

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Rediff.com29 Apr 2026

Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

Rediff.com11 May 2026

The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.

Ex-Official Accused Of Swiss Francs Scam Granted Bail

Ex-Official Accused Of Swiss Francs Scam Granted Bail

Rediff.com4 May 2026

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

Which Is India's Fastest Growing State?

Which Is India's Fastest Growing State?

Rediff.com27 May 2026

Assam emerged as the fastest-growing large state with a remarkable 17.3 per cent nominal GDP CAGR over five years.

Self-Styled Godman Arrested In Money Laundering Case

Self-Styled Godman Arrested In Money Laundering Case

Rediff.com19 May 2026

Self-styled godman Ashok Kharat, already jailed for alleged rape and fraud, has been arrested by the Enforcement Directorate in connection with a Rs 70-crore money laundering case. The arrest follows court approval and is part of an ongoing investigation into a large-scale extortion racket.

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

Rediff.com22 May 2026

The Reserve Bank of India (RBI) has declared a record Rs 2.87 lakh crore dividend to the government for the 2025-26 financial year, offering significant financial flexibility amidst global economic uncertainties.

Delhi Police Bust Investment Scam, Arrest Two

Delhi Police Bust Investment Scam, Arrest Two

Rediff.com30 Apr 2026

Delhi Police have arrested two individuals involved in an investment scam where a local resident was cheated of Rs 1.60 lakh. The investigation has linked the accused to a broader cyber fraud network with transactions worth approximately Rs 68 lakh across multiple states.

80 lakh women removed from Maharashtra's Ladki Bahin scheme

80 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com4 days ago

Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.

Paternity Leave For Private Sector On Cards?

Paternity Leave For Private Sector On Cards?

Rediff.com14 May 2026

Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.

Jacqueline Fernandez withdraws approver plea in Rs 200 cr fraud case

Jacqueline Fernandez withdraws approver plea in Rs 200 cr fraud case

Rediff.com12 May 2026

Jacqueline Fernandez has withdrawn her plea seeking to turn approver in a Rs 200 crore money laundering case involving Sukesh Chandrashekar.

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.

Liverpool University and IISc Partner to Boost Research and Innovation

Liverpool University and IISc Partner to Boost Research and Innovation

Rediff.com16 Apr 2026

The University of Liverpool and the Indian Institute of Science (IISc) have established a joint seed fund to promote research and innovation collaborations in areas such as AI, biomedicine, quantum technology, and space.

Delhi Court Grants Bail In Coaching Institute Scam Case

Delhi Court Grants Bail In Coaching Institute Scam Case

Rediff.com27 May 2026

A Delhi court has granted bail to a director of a coaching institute accused in an alleged scam linked to a Delhi government scheme, stating that his continued imprisonment would serve no purpose.

How To Build a Flexible Health Fund

How To Build a Flexible Health Fund

Rediff.com6 Nov 2025

'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Rediff.com5 May 2026

Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.

Court Orders Charges Against Jacqueline Fernandez In Money Laundering Case

Court Orders Charges Against Jacqueline Fernandez In Money Laundering Case

Rediff.com6 days ago

A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and 15 others in connection with a Rs 200-crore money laundering case.

How Manav Shah Chose Golf Over Medicine And Reached US Open

How Manav Shah Chose Golf Over Medicine And Reached US Open

Rediff.com27 May 2026

Indian-origin golfer Manav Shah, born in California to Gujarati parents, is set to make his US Open debut after years of dedication on public courses and global qualifying circuits. His journey includes reconnecting with his Indian roots through the Asian Tour and the Indian Golf Premier League, which he credits for strengthening his self-belief.

Sebi proposes revamp of broker networth norms

Sebi proposes revamp of broker networth norms

Rediff.com25 Apr 2026

The Securities and Exchange Board of India (Sebi) has proposed a new framework for calculating the networth requirement for stock brokers, moving away from the current method linked to client cash balances. The revised approach will factor in both client funds handled and the number of active clients serviced, aiming to strengthen brokers' financial buffers.

Belagavi Firm Owner Arrested Over Investment Fraud Allegations

Belagavi Firm Owner Arrested Over Investment Fraud Allegations

Rediff.com16 May 2026

The owner of Shivam Associates in Belagavi has been arrested following allegations of multi-crore investment fraud and unregulated financial activities. Authorities are investigating the firm's dealings with thousands of investors.

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

Mumbai Court Rejects Bail For Housing Society Fraud Accused

Mumbai Court Rejects Bail For Housing Society Fraud Accused

Rediff.com20 Apr 2026

A Mumbai sessions court has denied pre-arrest bail to two individuals accused of misappropriating funds and fraud within a residential society in Wadala, citing the necessity of custodial interrogation.

Seven Arrested In Chhattisgarh Overtime Payment Scam

Seven Arrested In Chhattisgarh Overtime Payment Scam

Rediff.com4 May 2026

The Anti-Corruption Bureau/Economic Offences Wing arrested seven individuals, including executives from manpower firms, in connection with alleged irregularities in overtime payments within Chhattisgarh State Marketing Corp Ltd during the previous Congress administration.

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Rediff.com4 May 2026

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Rediff.com15 May 2026

With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.

PF Withdrawal Through ATM, UPI Soon

PF Withdrawal Through ATM, UPI Soon

Rediff.com13 May 2026

The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.

Great Nicobar project is not about defence but real estate: Rahul

Great Nicobar project is not about defence but real estate: Rahul

Rediff.com12 hours ago

Congress leader Rahul Gandhi on Friday said the government's argument that the Great Nicobar Island Project is about defence and a trans-shipment port is a "lie", and alleged that it is actually about benefiting one businessman so that he can build hotels and casinos on India's most irreplaceable ecological land.

Why ISL Clubs Are Reviewing Their Commitment

Why ISL Clubs Are Reviewing Their Commitment

Rediff.com23 May 2026

Several Indian Super League (ISL) clubs have hinted at uncertainty regarding their participation in the 2026-27 season due to ongoing issues surrounding the domestic top-tier competition. The clubs are reviewing their commitment beyond the current season amid disagreements with the AIFF over commercial partnerships and league structure.

Ex-Beed Collector Remanded In Custody Over Land Scam

Ex-Beed Collector Remanded In Custody Over Land Scam

Rediff.com8 May 2026

Former Beed district collector Avinash Pathak has been remanded in police custody in connection with an alleged Rs 241 crore land acquisition and compensation scam.

Delhi Police Arrests Consultant In Immigration Fraud Case

Delhi Police Arrests Consultant In Immigration Fraud Case

Rediff.com17 May 2026

Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.