News for 'Markets Authority'

Vijay orders closure of 717 liquor outlets; DMK mocks, PMK welcomes move

Vijay orders closure of 717 liquor outlets; DMK mocks, PMK welcomes move

Rediff.com12 May 2026

Tamil Nadu Chief Minister C Joseph Vijay has ordered the closure of 717 retail liquor outlets across the state, responding to public demand, particularly from women and political parties.

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.

Customs To Tighten Vigil Against Gold Smuggling After Duty Hike

Customs To Tighten Vigil Against Gold Smuggling After Duty Hike

Rediff.com13 May 2026

Revenue intelligence and customs officers are set to intensify surveillance and increase vigilance on international borders to combat potential gold smuggling following a significant increase in customs duty on gold.

Gujarat ATS Seizes Huge Cocaine Haul Off Mundra Port

Gujarat ATS Seizes Huge Cocaine Haul Off Mundra Port

Rediff.com27 May 2026

The Gujarat ATS and the Indian Coast Guard seized 115 kg of cocaine valued at nearly Rs 1,150 crore from a vessel off Mundra port and apprehended three foreign nationals.

Delhi Cracks Down On Illegal Drug Trade In Najafgarh

Delhi Cracks Down On Illegal Drug Trade In Najafgarh

Rediff.com5 May 2026

Authorities in southwest Delhi demolished illegal constructions allegedly linked to drug peddling in the Najafgarh area. The action was conducted in areas under Baba Haridas Nagar in Dwarka, where structures outside residential houses were being used for illegal sale and distribution of narcotics.

What Satya Nadella's Leadership Style Teaches Us

What Satya Nadella's Leadership Style Teaches Us

Rediff.com20 May 2026

A leader can spend authority on themselves -- on appearing decisive, on appearing in control, on appearing irreplaceable. Or they can spend it on the people around them -- on giving them the ball back, on creating conditions in which other people's confidence and capability can grow. Over a long enough horizon, the second compounds in a way the first never does. And that's exactly what Microsoft Chairman and CEO Satya Nadella has done.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

Bhojshala verdict: Muslims to offer Friday namaz at home in protest

Bhojshala verdict: Muslims to offer Friday namaz at home in protest

Rediff.com22 May 2026

Members of the Muslim community in Madhya Pradesh's Dhar district said they would offer their first Friday namaz at home and wear black bands after the court setback in the Bhojshala case.

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Rediff.com23 May 2026

Police in Srinagar have seized multiple properties worth approximately Rs 5 crore belonging to individuals allegedly involved in drug trafficking and related unlawful activities as part of the 'Nasha Mukt J-K Abhiyan'.

Cannabis, Opium Derivatives Dominate India's Drug Seizure Landscape

Cannabis, Opium Derivatives Dominate India's Drug Seizure Landscape

Rediff.com6 May 2026

According to the NCRB, cannabis and opium derivatives continued to dominate India's drug seizure landscape in 2024, with enforcement agencies confiscating over 9.42 lakh kilograms of narcotic substances under the NDPS Act.

India launches emergency mission to pull 13 ships out of Hormuz

India launches emergency mission to pull 13 ships out of Hormuz

Rediff.com29 May 2026

India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.

Delhi To Establish Anti-Narcotics Task Force Police Station

Delhi To Establish Anti-Narcotics Task Force Police Station

Rediff.com12 May 2026

Delhi is set to establish its first dedicated Anti-Narcotics Task Force (ANTF) police station as part of a broader initiative to make the city drug-free by 2027, according to LG Taranjit Singh Sandhu.

Gujarat ATS Seizes Rs 1,150 Crore Cocaine Consignment

Gujarat ATS Seizes Rs 1,150 Crore Cocaine Consignment

Rediff.com27 May 2026

The Gujarat ATS and Indian Coast Guard seized 115 kg of cocaine worth nearly Rs 1,150 crore from a vessel off Mundra port, arresting three foreign nationals and disrupting an international drug trafficking network.

Ahmedabad Police Crack Down on T20 World Cup Final Ticket Black-Marketing

Ahmedabad Police Crack Down on T20 World Cup Final Ticket Black-Marketing

Rediff.com7 Mar 2026

Ahmedabad police have arrested two individuals for allegedly selling T20 World Cup final tickets at inflated prices. The suspects were caught during surveillance and found to be selling tickets for three times their original value.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com12 May 2026

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

Fake Branded Jeans Manufacturing Racket Busted In Delhi

Fake Branded Jeans Manufacturing Racket Busted In Delhi

Rediff.com15 May 2026

Delhi Police busted a counterfeit garment manufacturing racket in Naraina Industrial Area, seizing over 3,400 fake branded jeans, forged labels, and stitching machines.

Should Investors Consider Money Market Funds?

Should Investors Consider Money Market Funds?

Rediff.com2 Mar 2026

Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.

Rajasthan Police Freeze Drug Trafficker's Assets Worth Over Rs 2.5 Crore

Rajasthan Police Freeze Drug Trafficker's Assets Worth Over Rs 2.5 Crore

Rediff.com21 Apr 2026

Police in Rajasthan's Jhalawar have frozen assets worth more than Rs 2.5 crore belonging to an alleged drug trafficker under provisions of the NDPS Act.

Two Arrested With Ivory Worth 1.5 Cr In Uttarakhand

Two Arrested With Ivory Worth 1.5 Cr In Uttarakhand

Rediff.com5 May 2026

The Uttarakhand Special Task Force and the Forest Department have arrested two suspected wildlife smugglers with ivory worth Rs 1.5 crore in Udham Singh Nagar district.

Delhi Police Busts Fake Cement Manufacturing Units

Delhi Police Busts Fake Cement Manufacturing Units

Rediff.com8 May 2026

Delhi Police busted two illegal units manufacturing counterfeit cement in the city's northeastern areas and arrested a 25-year-old man in connection with the racket.

Delhi Police Nab Fugitive In Apple Consignment Fraud Case

Delhi Police Nab Fugitive In Apple Consignment Fraud Case

Rediff.com15 May 2026

Delhi Police have arrested a man from Anantnag, Jammu and Kashmir, for allegedly defrauding a Delhi-based man of over Rs 5 lakh under the guise of supplying Kashmiri apple consignments. The accused had been evading arrest for nearly a decade.

India Imports 361,000 Tonnes Of LPG From US

India Imports 361,000 Tonnes Of LPG From US

Rediff.com4 May 2026

'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Stone Pelting After Road Accident In Maharashtra's Beed

Stone Pelting After Road Accident In Maharashtra's Beed

Rediff.com26 Apr 2026

A road accident between an autorickshaw and a motorcycle in Neknoor village, Beed district, Maharashtra, escalated into violence between two communities, resulting in stone-pelting and police intervention.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin across the India-Myanmar border. The arrest follows extensive surveillance and investigations into transnational drug trafficking networks.

Why India equity markets are likely to remain volatile next week

Why India equity markets are likely to remain volatile next week

Rediff.com22 Feb 2026

Analysts predict continued volatility in Indian equity markets due to domestic macroeconomic data, F&O expiry, global developments including US tariff policies, and geopolitical tensions.

Fake Paneer Manufacturing Unit Sealed In Aligarh

Fake Paneer Manufacturing Unit Sealed In Aligarh

Rediff.com30 Apr 2026

Police and FSDA officials in Aligarh, Uttar Pradesh, seized approximately 16 quintals of fake paneer allegedly made using detergent powder and other harmful chemicals. A manufacturing unit was sealed, and three individuals were booked in connection with the case as part of a state-wide crackdown on spurious milk products.

India expands PNG network; rolls out 2.7L new connections in Mar

India expands PNG network; rolls out 2.7L new connections in Mar

Rediff.com31 Mar 2026

India significantly increased piped natural gas (PNG) connections in March as the government accelerates the expansion of cleaner fuel networks amid global supply disruptions.

Man Held With Rs 20 Crore Marijuana Near Nepal Border

Man Held With Rs 20 Crore Marijuana Near Nepal Border

Rediff.com26 Apr 2026

Sashastra Seema Bal arrested a man near the Indo-Nepal border in Maharajganj district with over 327 kg of marijuana worth over Rs 20 crore.

Three church leaders killed in suspected militant attack in Manipur

Three church leaders killed in suspected militant attack in Manipur

Rediff.com13 May 2026

Three people were killed and four others injured in an attack by suspected militants in Manipur's Kangpokpi district. The victims were members of the Thadou Baptist Association returning from a religious gathering. The Chief Minister has condemned the violence and assured support for the injured.

Delhi Police Uncovers Illegal LPG Refilling Operations

Delhi Police Uncovers Illegal LPG Refilling Operations

Rediff.com23 Apr 2026

The Delhi Police have dismantled several illegal LPG refilling and black-marketing operations across Delhi, arresting 16 individuals and seizing a large number of cylinders and equipment.

Heroin Worth Over Rs 1 Crore Seized, Drug Smuggler Arrested In Nagaur

Heroin Worth Over Rs 1 Crore Seized, Drug Smuggler Arrested In Nagaur

Rediff.com28 Apr 2026

A drug smuggler was arrested in Rajasthan's Nagaur, and 512 grams of heroin worth over Rs 1 crore was seized from his possession during an anti-narcotics drive, police said on Tuesday.

AAP Accuses Centre Of Misusing Agencies In Punjab

AAP Accuses Centre Of Misusing Agencies In Punjab

Rediff.com10 May 2026

The Aam Aadmi Party (AAP) held protests across Punjab against the Enforcement Directorate's (ED) action against state minister Sanjeev Arora, accusing the central government of misusing agencies against its leaders. The BJP criticised the AAP workers' behaviour during the protests.

Delhi: Uttam Nagar markets shut, heavy security after Holi clash murder

Delhi: Uttam Nagar markets shut, heavy security after Holi clash murder

Rediff.com8 Mar 2026

Following a fatal clash after Holi celebrations in Delhi's Uttam Nagar, the area is experiencing heightened tensions, shuttered businesses, and a heavy police presence, disrupting daily life and impacting local businesses during the crucial Ramzan period.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Rediff.com29 Apr 2026

Prime Minister Narendra Modi inaugurated the 594-km-long Ganga Expressway, connecting Meerut to Prayagraj, aiming to boost connectivity, industrial investment, and economic growth in Uttar Pradesh.

Cyber Fraud Racket Busted; Three Arrested In Delhi

Cyber Fraud Racket Busted; Three Arrested In Delhi

Rediff.com9 May 2026

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.