Mirroring the traditional hawala system, where money is sent through non-banking channels, this digital version uses the anonymity of unregulated cryptocurrency to erase the financial trail and inject cash into the domestic economy.
President Droupadi Murmu addressed the nation on the eve of Republic Day, emphasising India's role in promoting peace, the empowerment of women, and the country's economic growth.
Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.
IPL champions RCB have proposed the installation of 300-350 AI-enabled cameras at the venue and offered to bear the estimated cost of Rs 4.50 crore for this crowd management initiative.
Ranji Trophy: MP enter quarterfinals; Saurashtra on brink of qualification
BJP MP C Sadanandan Master addressed the Rajya Sabha, appealing for unity and highlighting the government's achievements while raising concerns about migration in Kerala.
Panic gripped Mau railway junction in Uttar Pradesh on Tuesday morning following a call claiming that a bomb was planted on the Kashi Express (15018 Down), prompting security agencies to evacuate the train and launch a thorough search.
Through policy interventions, Indian cities need to be reimagined as a network of inter-connected assets and services which serve to strengthen the social contract between citizens and their cities by improving their quality of life, the Economic Survey has flagged.
Aviation regulator Directorate General of Civil Aviation (DGCA) on Tuesday said Air India's Boeing 787-8 Dreamliner, which faced fuel control switch glitch, took off from London on February 1 after the crew carried out a physical check of the switch and that no abnormal parameters were observed during start of the engine or thereafter.
Senior Congress leader Shashi Tharoor met with party president Mallikarjun Kharge and Rahul Gandhi amid reports of discontent, stating that he is on the 'same page' with the leadership.
Trump's remarks came amid heightened US messaging about the Iran situation and a series of White House statements indicating that multiple options remain under review.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
United States President Donald Trump on Thursday said he had a good meeting with Ukrainian President Volodymyr Zelenskyy, and his message to Russian President Vladimir Putin is that 'war has to end'.
Curfew continues in Leh for the sixth day following violence. A high-level meeting is scheduled to review the security situation. Mobile internet services remain suspended.
Jammu and Kashmir Lieutenant Governor Manoj Sinha terminated the services of five more government employees for suspected terror links, bringing the total number of employees sacked since 2020 to 85.
'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'
The Indian Navy's Republic Day tableau will showcase indigenous platforms like INS Vikrant and a stitched ship from the 5th century CE, highlighting the theme of a 'Strong Navy for a Strong Nation'.
Indrani Mukerjea, in pure white, sporting dancing pearl jhumkas, bobbed about the accused box, occasionally floating up front to whisper urgent suggestions to her lawyer Ranjeet Sangle as retired cop and prosecution witness Dinesh Kadam gave her a long look. Vaihayasi Pande Daniel returns to cover the Sheena Bora murder trial after 18 months.
'We kept this Budget on a larger plank, rather than on one incident, however serious.'
The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.
The Enforcement Directorate (ED) has filed a chargesheet against real-money online gaming app WinZO and its promoters, alleging the company used bots and AI to manipulate game algorithms, leading to significant financial losses for users.
An Air India Airbus A350 sustained engine damage after ingesting a baggage container while taxiing at Delhi airport. The incident occurred after the flight returned to Delhi due to the unexpected closure of Iranian airspace. The DGCA is investigating.
IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.
Cricket has never been the same since India's thrilling, last-over win over Pakistan in the final at The Wanderers Stadium, Johannesburg, on September 24, 2007.
While EPF rewards patience and compounds your money, inflation decides how far your money really goes.
Earlier in the day, the ministry of external affairs "strongly advised" Indians to avoid travel to Iran until further notice, amid rising tensions and protests in the Islamic Republic.
If Xi Jinping can establish control over the PLA Ground Force, relations between India and China will settle down to an even keel. The next few weeks will show whether Xi has finally succeeded in gaining control over the PLA Ground Force. That could bring about the substantive shift in India-China relations that both our leaders have been working for, observes Ambassador Prabhat Shukla.
Indians across the country welcomed the New Year 2026 with celebrations, religious observances, and gatherings at tourist spots. The President, Vice President, and Prime Minister extended greetings for peace and prosperity.
Former Youth World Championships gold medallist Poonam Poonia produced a fearless display to hand defending 54kg champion Sakshi Chaudhary a shock defeat, causing the first major upset of the National Boxing Championships in Greater Noida on Thursday.
The United States military killed a senior Al Qaeda-affiliated leader with direct links to the Islamic State ambush that targeted American soldiers in Syria in December in a strike carried out in the country's northwest region.
The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year.
'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'
Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record Rs 5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.
Satat Sampada, the organisation of climate activist Harjeet Singh and his wife, said the allegations made by the Enforcement Directorate against the firm and its founder were baseless, biased and misleading.
India on Monday announced closure of negotiations for a free trade agreement signed with New Zealand, its 18th deal so far as the country aims to boost bilateral trade and investments. The India-New Zealand FTA is expected to be signed in the next three months and it is likely to come into force next year.
The Supreme Court of India has ruled that an 'act of terror' under the Unlawful Activities (Prevention) Act (UAPA) includes planning, coordination, and mobilization, not just the final execution of the act. The court emphasized that the intent and effect of the act are crucial, not solely the instrumentality used.
India's 'golden boy' Neeraj Chopra's stellar 2025: From touching 90m mark to heartbreaking 26-event streak end
He was sleeping in a garage when the fire broke out, and CCTV footage suggests foul play.
The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
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