News for 'Regulatory Agency'

'Nobody is...': Tukaram Mundhe on notice to SRK, Ajay Devgn and Tiger

'Nobody is...': Tukaram Mundhe on notice to SRK, Ajay Devgn and Tiger

Rediff.com18 Aug 2026

Mundhe said the FDA was examining advertisements for products other than tobacco-related items and would act wherever misleading claims or other violations were found.

Rats, flies found: FDA shuts Mumbai's iconic K Rustom ice cream parlour

Rats, flies found: FDA shuts Mumbai's iconic K Rustom ice cream parlour

Rediff.com9 Jul 2026

The Maharashtra Food and Drug Administration has suspended the licence of Mumbai's renowned K Rustom ice cream parlour due to severe hygiene and food safety violations. An inspection revealed live rats and flies, expired flavouring agents, and ice cream with insufficient milk fat, leading to the parlour's closure under the 'Safe Food, Safe Maharashtra' campaign.

Govt notice asks Telegram to curb pirated content or face action

Govt notice asks Telegram to curb pirated content or face action

Rediff.com4 Jul 2026

The Indian government has issued a notice to Telegram, demanding a crackdown on the widespread dissemination of pirated films and OTT content. The Ministry of Information and Broadcasting seeks an Action Taken Report within 15 days, emphasizing a shift towards platform accountability for copyright infringement, which is deemed a criminal offence.

Govt cracks whip on Meta over child sexual abuse material on Instagram

Govt cracks whip on Meta over child sexual abuse material on Instagram

Rediff.com5 Jul 2026

The government has issued a stern notice to Meta on Child Sexual Exploitative and Abuse Material (CSEAM) in paid advertisements on Instagram, sources said on Sunday.

First Dengue Vaccine Approved for India

First Dengue Vaccine Approved for India

Rediff.com21 Jul 2026

The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.

Wayanad landslide: Contractor blames heavy rain for tragedy

Wayanad landslide: Contractor blames heavy rain for tragedy

Rediff.com7 Jul 2026

Dilip Buildcon Ltd, the contractor for the Anakkampoyil-Kalladi-Meppadi road tunnel project in Wayanad, attributed a recent fatal landslide to exceptionally heavy rainfall. The company stated that the project adheres to all safety and environmental protocols, despite allegations from Kerala Ministers of a "man-made disaster."

What made SIAM do a U-turn on E20 fuel within a week?

What made SIAM do a U-turn on E20 fuel within a week?

Rediff.com8 Aug 2026

Why the industry's public position changed is difficult to say. What the developments did establish, though, is that ethanol-blended petrol has become one of the country's most politically and commercially sensitive policy issues.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

Parliamentary panel flags recurring exam irregularities, seeks reforms

Parliamentary panel flags recurring exam irregularities, seeks reforms

Rediff.com16 Jun 2026

A parliamentary committee has voiced concerns over ongoing examination irregularities despite government measures, recommending the Ministry of Education publish a time-bound roadmap for reforms. The panel also urged a nationwide blacklist of firms involved in exam processes and suggested utilising the National Testing Agency's financial surplus to enhance its capabilities.

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

Rediff.com22 Jul 2026

The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.

Delhi Government To Formulate New Rules For Coaching Centres

Delhi Government To Formulate New Rules For Coaching Centres

Rediff.com11 Jun 2026

The Delhi government is establishing a multidisciplinary committee to develop a regulatory framework for coaching institutes. This initiative follows recent tragedies, including the Saket building collapse and the Old Rajendra Nagar coaching centre incident, and aims to address issues like fee structures, student safety, infrastructure, and grievance redressal.

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Rediff.com12 Jun 2026

Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Rediff.com12 Jun 2026

Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

SC to hear plea on Ram Temple Trust fund embezzlement

SC to hear plea on Ram Temple Trust fund embezzlement

Rediff.com25 Jun 2026

The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.

SC to hear plea for probe into Ram temple embezzlement on July 13

SC to hear plea for probe into Ram temple embezzlement on July 13

Rediff.com10 Jul 2026

The Supreme Court is set to hear a batch of petitions on July 13 seeking a fair and time-bound probe into the alleged embezzlement of donations at the Ram temple in Ayodhya, with petitioners requesting a CBI investigation and a CAG audit of the temple trust's finances.

Telegram being used for terror activities, leaked papers, Centre tells HC

Telegram being used for terror activities, leaked papers, Centre tells HC

Rediff.com19 Jun 2026

The Centre on Thursday informed the Delhi high court that the Telegram messaging app was being exploited for illegal activities ranging from cybercrime and financial frauds to terrorism and circulation of leaked examination papers.

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Rediff.com24 Jun 2026

The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.

ED Attaches More Assets In Goa Nightclub Fire Case

ED Attaches More Assets In Goa Nightclub Fire Case

Rediff.com27 May 2026

The Enforcement Directorate has attached fresh assets worth more than Rs 11 crore as part of its money laundering investigation into the illegal operation of a Goa nightclub where 25 people were killed in a massive fire in December last year.

'Heavens are not going to fall': SC refuses urgent hearing in Ram temple donation case

'Heavens are not going to fall': SC refuses urgent hearing in Ram temple donation case

Rediff.com29 Jun 2026

The Supreme Court has declined an urgent hearing on a plea demanding a fair and time-bound investigation into alleged embezzlement of donations at the revered Ram temple in Ayodhya, deferring the matter until after the summer break.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

Rediff.com24 Jun 2026

A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.

Jaipur Farmers Summoned In Land Fraud Investigation

Jaipur Farmers Summoned In Land Fraud Investigation

Rediff.com31 May 2026

The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

Rediff.com12 Jun 2026

The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.

6 Taxpayer Categories Face Scrutiny

6 Taxpayer Categories Face Scrutiny

Rediff.com22 Jun 2026

Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

Rediff.com25 Jun 2026

'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'

Madhu Kishwar denied anticipatory bail over video clip

Madhu Kishwar denied anticipatory bail over video clip

Rediff.com30 May 2026

The Punjab and Haryana High Court has dismissed the anticipatory bail plea of academician Madhu Purnima Kishwar in a case registered against her for allegedly retweeting a video clip on social media.

India's FDI Inflows Set to Cross $90 Billion in FY26, Says DPIIT Secretary

India's FDI Inflows Set to Cross $90 Billion in FY26, Says DPIIT Secretary

Rediff.com3 May 2026

India's foreign direct investment (FDI) inflows are projected to surpass $90 billion in 2025-26 (FY26), driven by robust policy reforms, free trade agreements, and strong economic growth, according to DPIIT Secretary Amardeep Singh Bhatia.

Real Estate Businessman Arrested In Punjab Land Use Scam

Real Estate Businessman Arrested In Punjab Land Use Scam

Rediff.com23 May 2026

The Enforcement Directorate has arrested a real estate businessman in a money laundering investigation linked to submission of alleged fake consent letters for obtaining Change of Land Use (CLU) from the Punjab government.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com16 May 2026

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

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.

NADA's Tip-Off Leads To Major Doping Bust In Najafgarh

NADA's Tip-Off Leads To Major Doping Bust In Najafgarh

Rediff.com24 Apr 2026

The National Anti-Doping Agency (NADA) achieved a significant success with a tip-off leading to the confiscation of prohibited substances, including anabolic steroids, in Najafgarh, following a joint operation with local police and food safety officials.

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Rediff.com19 Apr 2026

The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.

Canada first G7 nation to okay Dr Reddy's generic version of semaglutide

Canada first G7 nation to okay Dr Reddy's generic version of semaglutide

Rediff.com30 Apr 2026

Dr Reddy's Laboratories has received approval from Health Canada to sell a generic version of the diabetes drug semaglutide, making it the first company to get market authorisation for a generic semaglutide injection in Canada and the first in a G7 country.

Biocon launches diabetes & obesity drugs in Netherlands

Biocon launches diabetes & obesity drugs in Netherlands

Rediff.com16 Dec 2025

Biocon Limited has launched its GLP-1 peptide, liraglutide, for the treatment of diabetes and obesity in the Netherlands, as the biopharmaceutical firm positions itself as a global player in the fast-growing diabetes and obesity market currently dominated by the likes of Novo Nordisk and Eli Lilly.

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

Rediff.com9 Apr 2026

The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.

LIC Offices Open on Tuesday Following Irdai Advisory

LIC Offices Open on Tuesday Following Irdai Advisory

Rediff.com30 Mar 2026

LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.