News for 'India Scheme'

Israeli Firm Delivers First Batch of LMGs Under 'Make in India' Scheme

Israeli Firm Delivers First Batch of LMGs Under 'Make in India' Scheme

Rediff.com1 Apr 2026

Israel Weapons Industries (IWI) has delivered the first batch of NEGEV 7.62x51 light machine guns to India under the 'Make in India' initiative, marking a significant step in India-Israel defence cooperation and indigenous defence manufacturing.

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Rediff.com1 May 2026

The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Rediff.com22 Apr 2026

Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.

Navi Mumbai E-Service Operator Booked For Alleged Loan Fraud

Navi Mumbai E-Service Operator Booked For Alleged Loan Fraud

Rediff.com27 Apr 2026

An e-service centre operator in Navi Mumbai is accused of defrauding multiple individuals of over Rs 20 lakh by promising business loans under the 'Stand-Up India' scheme and then disappearing after collecting processing fees.

Direct Mutual Funds Outpaced Regular Schemes In FY26

Direct Mutual Funds Outpaced Regular Schemes In FY26

Rediff.com17 Apr 2026

Direct plans of mutual fund schemes added nearly 21 million individual investor folios in FY26 (as of February), surpassing regular plans' 15 million net additions, marking only the second time direct plans have outpaced regular plans in annual folio growth, despite turbulent equity markets.

Government to Revamp TOPS Scheme with Focus on High-Yielding Sports

Government to Revamp TOPS Scheme with Focus on High-Yielding Sports

Rediff.com13 Apr 2026

The Indian government is set to revamp its Target Olympic Podium Scheme (TOPS), focusing on quarterly athlete evaluations and prioritising high medal-yielding sports like aquatics and cycling to improve performance at the Olympic Games.

Ten Indian Nationals Face Charges in US Visa Fraud Scheme

Ten Indian Nationals Face Charges in US Visa Fraud Scheme

Rediff.com10 Apr 2026

Ten Indian nationals living illegally in the US have been indicted for conspiring to stage armed robberies at convenience stores to fraudulently obtain visas.

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com30 Mar 2026

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

458 Prisoners Benefit from Centre's 'Support to Poor Prisoners' Scheme

458 Prisoners Benefit from Centre's 'Support to Poor Prisoners' Scheme

Rediff.com25 Mar 2026

The Centre's 'Support to Poor Prisoners' scheme has aided 458 prisoners unable to pay fines or secure bail. The scheme, launched in 2023, aims to provide financial assistance to those facing financial constraints.

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

5,000 Crore Assets Attached in PACL Ponzi Scheme Investigation

Rediff.com20 Mar 2026

The Enforcement Directorate (ED) has attached fresh properties worth over Rs 5,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore ponzi scheme.

Digital Access, Data Governance Remain Challenges For India's DPI

Digital Access, Data Governance Remain Challenges For India's DPI

Rediff.com4 days ago

Chief Economic Advisor V Anantha Nageswaran highlights the challenges of digital access, data governance, interoperability, and cyber security in India's digital public infrastructure (DPI), despite its world-class scale.

Agniveers can't claim parity with regular soldiers: Govt

Agniveers can't claim parity with regular soldiers: Govt

Rediff.com1 days ago

The Union government has informed the Bombay High Court that Agniveers are not "similarly situated" as regular soldiers and hence, cannot claim parity in pensionary benefits for their next of kin in the event of death in action.

How India Is Leading The Way In Health AI Benchmarking

How India Is Leading The Way In Health AI Benchmarking

Rediff.com4 days ago

India has launched an open Health AI benchmarking platform to evaluate artificial intelligence models on diverse Indian datasets before deployment at a population scale. The initiative aims to strengthen AI-driven claims management under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).

India's Wheat And Rice Reserves Exceed Buffer Norms

India's Wheat And Rice Reserves Exceed Buffer Norms

Rediff.com6 days ago

India's wheat and rice reserves in Food Corporation of India (FCI) godowns have surged to 604.02 lakh tonnes as of April 1, nearly three times the mandatory buffer requirement, according to official data.

ED Freezes Assets Worth 22,000 Crore in PACL Ponzi Scheme Investigation

ED Freezes Assets Worth 22,000 Crore in PACL Ponzi Scheme Investigation

Rediff.com20 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over Rs 22,000 crore in its money laundering investigation against PACL (Pearls Group), accused of running a Rs 48,000 crore ponzi scheme.

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

Rediff.com1 days ago

West Bengal's new government, led by Chief Minister Suvendu Adhikari, has approved several key policy changes, including the implementation of the Ayushman Bharat health scheme, land transfer for border fencing, and the adoption of new criminal laws.

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Rediff.com1 days ago

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

Rediff.com1 days ago

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

Equity Mutual Fund Inflows See 5% Drop in April, SIP Contributions Also Decline

Equity Mutual Fund Inflows See 5% Drop in April, SIP Contributions Also Decline

Rediff.com1 days ago

Equity-oriented mutual fund schemes in India experienced a 5 per cent decline in net inflows in April, reaching Rs 38,440 crore, while monthly Systematic Investment Plan (SIP) contributions also saw a decrease.

How Tim Cook transformed Apple's India strategy into a global manufacturing success

How Tim Cook transformed Apple's India strategy into a global manufacturing success

Rediff.com29 Apr 2026

Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.

ED Attaches Assets In Global Media App Fraud Case

ED Attaches Assets In Global Media App Fraud Case

Rediff.com3 days ago

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.

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.com1 days ago

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.

India Eyes Inclusion of Indigenous Sports in 2030 Commonwealth Games

India Eyes Inclusion of Indigenous Sports in 2030 Commonwealth Games

Rediff.com13 Apr 2026

India is considering including indigenous sports like Kabaddi and Mallakhamb in the 2030 Commonwealth Games, alongside confirmed sports like hockey and cricket.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com22 hours ago

Deferred payment plans may come with a cost, which may not be immediately visible.

Cyber Fraud Racket Busted; Three Arrested In Delhi

Cyber Fraud Racket Busted; Three Arrested In Delhi

Rediff.com3 days ago

Delhi Police have arrested three individuals from Gujarat, Rajasthan, and Madhya Pradesh for allegedly providing mule bank accounts used to route over Rs 1.22 crore in proceeds from various cyber fraud schemes.

West Asia Conflict Deepens India's Economic Challenges

West Asia Conflict Deepens India's Economic Challenges

Rediff.com30 Apr 2026

Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.

Inaugural Khelo India Tribal Games to be Held in Chhattisgarh

Inaugural Khelo India Tribal Games to be Held in Chhattisgarh

Rediff.com6 Mar 2026

The inaugural Khelo India Tribal Games will be held in Chhattisgarh, featuring seven medal sports and aiming to empower tribal athletes and promote grassroots inclusion.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com5 days ago

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Rediff.com2 May 2026

India's pharmaceutical industry is experiencing increased bulk drug prices, particularly for APIs from China, following the escalation of the West Asia crisis in March. While current inventories provide a temporary buffer, concerns are mounting over the availability of key solvents and feedstocks, potentially leading to manufacturing disruptions and shortages in specific drug categories.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com1 days ago

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

Governor halts Vijay's dramatic off-script oath

Governor halts Vijay's dramatic off-script oath

Rediff.com2 days ago

Tamilaga Vettri Kazhagam (TVK) chief Vijay attempted to deliver an unscripted oath-taking speech, but was stopped by Tamil Nadu Governor Rajendra Vishwanath Arlekar, who insisted on the official oath.

BJP's Assam Sweep Redrew Political Map

BJP's Assam Sweep Redrew Political Map

Rediff.com1 days ago

The 2026 election appears to have reinforced a new political formula in Assam: Strong organisation, continuous grassroots engagement, effective alliance management and welfare-based voter outreach.

Inaugural Khelo India Tribal Games to be Held in Chhattisgarh

Inaugural Khelo India Tribal Games to be Held in Chhattisgarh

Rediff.com6 Mar 2026

The inaugural Khelo India Tribal Games will be held in Chhattisgarh, featuring seven medal sports and aiming to empower tribal athletes and promote grassroots inclusion.

How India Became a Para Archery Powerhouse

How India Became a Para Archery Powerhouse

Rediff.com13 Apr 2026

India's para archery team excelled at the World Archery Para Series in Bangkok, securing the top position with 13 medals.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

OCI card to cost $275 as govt announces fresh fee structure

OCI card to cost $275 as govt announces fresh fee structure

Rediff.com29 Apr 2026

The Indian government has revised the application fee for the Overseas Citizen of India (OCI) card and introduced changes to the application process, including abolishing the six-month continuous stay requirement.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com23 hours ago

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.