'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
The Uttar Pradesh government has formed a three-member Special Investigation Team (SIT) to probe allegations of financial mismanagement and missing donations related to the Shri Ram Janmabhoomi Teerth Kshetra Trust in Ayodhya. The move follows a request from the Trust itself, amidst escalating political demands for transparency from various parties including the Samajwadi Party and Congress.
A 29-year-old private bank employee and former 'Mrs Kerala' beauty pageant runner-up, Harsha Sunny, has been arrested by Mumbai Customs for allegedly smuggling 11.8 kg of hydroponic weed, valued at Rs 11.8 crore, from Bangkok. She claims she was unaware of the bag's contents, stating she was exploited by traffickers.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
Odisha Police swiftly arrested six individuals involved in a gunpoint robbery in Sundargarh district, recovering the looted cash and other items. The accused had stolen Rs 1.10 lakh from a dispensary-cum-residence before being apprehended through a coordinated police effort.
The latest revelations emerged during the interrogation of hotel owner Lavkesh Bajaj and accountant Jai Mishra, both of whom were arrested in connection with the June 3 fire at the Flourish Stay B&B in Hauz Rani that claimed 21 lives.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
Former England spinner Graeme Swann has questioned ECB's imposition of midnight curfew on players, and termed Ben Stokes a victim of the culture more interested in policing than celebrating an achievement.
Jay Mishra, a key accused and associate of the owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court. Mishra is implicated in the hotel's operations and lack of security, with the police probe widening to examine his and the owner's roles in the tragedy.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
The Trinamool Congress (TMC) has strongly condemned a pre-dawn police search at MP Abhishek Banerjee's Kalighat residence in connection with an alleged financial fraud, calling it an act of political vendetta by West Bengal's BJP government. The party claims the search yielded no incriminating evidence, intensifying political confrontation in the state.
You don't need to justify your boundaries to your boss, counsels rediffGURU Ravi Mittal, CEO of the online dating website Quack Quack and Rebounce, a matrimony platform.
Former West Bengal sports minister Aroop Biswas has been summoned by police in connection with a case related to chaos at a Lionel Messi event at Salt Lake Stadium last year. The summons follows an FIR lodged by event organiser Shatadru Dutta, accusing Biswas of black-marketing tickets, extortion, and cheating.
Delhi AAP chief Saurabh Bharadwaj claims an FIR was lodged against him for naming a school while discussing the alleged sexual assault of a three-year-old girl. He alleges connections between the school and BJP leaders, claiming attempts were made to suppress the case.
A fire in a five-storey residential building in southeast Delhi's Govindpuri area resulted in three fatalities and two critical injuries. Eight people were rescued, and an electrical short circuit is suspected as the cause.
A nurse in Navi Mumbai has been booked for allegedly desecrating Hindu idols in a hostel room and issuing threats. The incident led to her suspension from the hospital, and right-wing organisations are demanding her immediate arrest.
Indian cricketers, including Mohammed Siraj and Prasidh Krishna, underwent an intense practice session in Mullanpur ahead of their one-off Test against Afghanistan. The session focused on bowler fitness, emerging talent, and assessing all-round capabilities, with key players like KL Rahul and Shubman Gill also participating.
Mumbai's KEM Hospital has placed MBBS student Sejal Pawar on compulsory leave for 15 days following her controversial remarks about male cadavers during a stand-up comedy show. The hospital has initiated a detailed inquiry, forming a five-member committee to investigate the matter, which sparked widespread social media outrage.
Germany gave debutants Curacao a reality check, as the former champions won 7-1 to kick-start their 2026 FIFA World Cup campaign with a big win.
Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.
A first-year MD student in Bareilly allegedly attempted suicide by jumping from a college building after enduring prolonged ragging and mental harassment from senior students. Police have registered an FIR against four senior doctors and others, including the college administration, following a complaint by the student's father, who claims earlier complaints to authorities were ignored.
A first-year MD medicine student in Bareilly allegedly attempted suicide by jumping from the third floor of his college building after being subjected to severe ragging and mental harassment by senior students. Police have registered an FIR against four senior resident doctors, other students, and the college administration based on the father's complaint, which also alleges inaction by college authorities despite prior warnings.
A miscreant, Prafulla Mallik alias Pappu, with 25 criminal cases against him, was injured in a gunfight with police in Bhadrak, Odisha, during a raid on his hideout where he was planning a robbery. Three police personnel also sustained minor injuries in the scuffle.
'You empower a man, you are not necessarily empowering a family, you are just empowering him.'
Delhi Police have arrested the cook of a south Delhi hotel where a fire killed 21 people, alleging his negligence contributed to the blaze. The ongoing investigation is also scrutinising safety violations, unauthorised expansion, and the roles of the owner and an absconding associate in the tragedy.
The Bombay High Court has ruled that delay in lodging an FIR for sexual assault and harassment cases cannot be the sole ground for quashing a criminal prosecution, especially given the societal challenges families face in reporting such incidents. The court dismissed a petition by a man accused of molesting his domestic help, rejecting his arguments about delayed complaint and false implication.
Afghanistan head coach Richard Pybus discussed the upcoming one-off Test against India, highlighting the crucial role of spin bowling on the Mullanpur pitch. He also confirmed star spinner Rashid Khan's absence due to a long-standing back problem and workload management.
The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.
Former India all-rounder Irfan Pathan discusses India's ODI series against Afghanistan as a crucial opportunity to assess squad depth for the upcoming ICC World Cup, highlighting key players and their roles, especially for South African conditions.
US President Donald Trump announced a finalised peace deal between the US and Iran, set for signing on June 19 in Switzerland, with key figures like J D Vance, Steve Witkoff, and Jared Kushner from the US side, and Abbas Araghchi and Mohammad Bagher Ghalibaf representing Iran, alongside Pakistani mediators Field Marshal Asim Munir, Shehbaz Sharif, Ishaq Dar, and Mohsin Naqvi, playing crucial roles in the diplomatic breakthrough.
'Even lower middle class parents in cities opt for just one child. A son is a must.'
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Delhi Police are investigating a blocked roof exit and the use of cooking heaters in guest rooms as key factors in the recent Malviya Nagar hotel fire that killed 21 people. Hotel owner Lavkesh Bajaj has been arrested, and a Look Out Circular issued against his wife, while the manager remains absconding.
A 25-year-old man, Guddu, accused of raping a one-year-old girl in Shahjahanpur, Uttar Pradesh, has been arrested following a police encounter. The accused was shot in both legs after he allegedly opened fire on police officers who were attempting to apprehend him. The incident came to light after the toddler's mother intervened and filed a complaint.
Deepti Sharma starred with a five-wicket haul as India thrashed Pakistan by 64 runs in their Women's T20 World Cup opener in Birmingham.
The US Centers for Disease Control and Prevention, the Pan American Health Organization and the World Health Organization have all described the risk of Ebola to World Cup host countries as low, citing measles, COVID-19 and influenza -- which spread when large crowds gather -- as the most likely threats.
'Horror keeps me safe. When I tried to do something else and abandoned the spirits, I landed up in prison.'
Ghaziabad authorities have sealed two illegal madrasas in Indirapuram and Loni, citing lack of registration, NOCs, and inadequate facilities. This action is part of an intensified crackdown on unrecognised institutions, which gained momentum following the recent killing of a teenager in the area.
A professor at Mahatma Basweshwar College in Latur, Maharashtra, has been suspended following findings by Marathwada University of alleged misbehaviour with women colleagues, administrative negligence, and financial irregularities. Dr Rajkumar Lakhadive faces a departmental inquiry after a preliminary investigation found him prima facie guilty.
