News for 'State for Finance'

Jharkhand Finance Minister Orders Investigation into Treasury Fraud

Jharkhand Finance Minister Orders Investigation into Treasury Fraud

Rediff.com4 days ago

Jharkhand's Finance Minister has ordered a statewide investigation into alleged fraudulent salary withdrawals from government treasuries, following reports of irregularities in multiple districts.

Inter-state Arms Dealers Arrested for Supplying Weapons to Terror Associate

Inter-state Arms Dealers Arrested for Supplying Weapons to Terror Associate

Rediff.com4 days ago

Police in Udham Singh Nagar have arrested two inter-state arms dealers accused of supplying weapons to a terror associate linked to Al Badr. The investigation revealed suspicious financial transactions and a wider network of illegal arms smuggling.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Paddy Bonus: Stalin Vs Sitharaman

Paddy Bonus: Stalin Vs Sitharaman

Rediff.com2 days ago

The finance ministry has clarified that its letter to state chief secretaries, urging them to align their bonus policy to promote pulses, oilseeds, and millets, was an advisory and not a directive. This clarification comes in response to Tamil Nadu Chief Minister M K Stalin's criticism, who called the advisory a 'treacherous act against farmers'.

Jharkhand Officials Arrested in Multi-Million Embezzlement Scheme

Jharkhand Officials Arrested in Multi-Million Embezzlement Scheme

Rediff.com5 days ago

Three treasury employees in Hazaribag, Jharkhand, have been arrested for allegedly embezzling Rs 15.41 crore from government bank accounts over eight years, prompting criticism from the opposition BJP.

Hazaribag SP Office Treasury Scam: Arrests Increase, Embezzlement Reaches Rs 28 Crore

Hazaribag SP Office Treasury Scam: Arrests Increase, Embezzlement Reaches Rs 28 Crore

Rediff.com4 days ago

The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com1 days ago

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Rediff.com4 days ago

The Hazaribag Superintendent of Police (SP) Office treasury scam has seen further developments with more arrests and a significant increase in the embezzlement amount to 28 crore. The investigation continues, with authorities pursuing leads in Bihar and freezing suspicious accounts.

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

Rediff.com20 Feb 2026

India Ratings & Research (Ind-Ra) has projected the aggregate fiscal deficit of states to rise to 3 per cent of gross domestic product (GDP) in 2026-27 (FY27), from an estimated 2.8 per cent in 2025-26 (FY26), citing higher revenue expenditure amid election-related pressures and scheme cost-sharing requirements.

Boy Mortgages Mother's Jewellery for iPhone Loan

Boy Mortgages Mother's Jewellery for iPhone Loan

Rediff.com6 days ago

A minor boy in Hamirpur, India, stole his mother's jewellery and mortgaged it to obtain a loan of Rs 3 lakh to purchase an iPhone. Police recovered the jewellery and are investigating the involvement of the boy's sister and a friend.

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Rediff.com4 days ago

Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.

Sunetra Pawar gets 3 ministries, Fadnavis keeps finance

Sunetra Pawar gets 3 ministries, Fadnavis keeps finance

Rediff.com31 Jan 2026

Newly-appointed Maharashtra Deputy Chief Minister Sunetra Pawar has been allocated the portfolios of State Excise Duty, Sports and Youth Affairs and Minorities Development and Aukaf.

Guess Which State's Sweepers Earn Rs 2 Lakh Salary?

Guess Which State's Sweepers Earn Rs 2 Lakh Salary?

Rediff.com26 Feb 2026

The Telangana government's salary structure reveals surprising figures, with senior sweepers earning up to 2 lakh and chief engineers drawing 7 lakh monthly.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com5 days ago

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.

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Rediff.com5 days ago

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Clean Energy Jobs To Triple By 2030

Clean Energy Jobs To Triple By 2030

Rediff.com3 hours ago

Jobs in the clean-energy sector are projected to reach 905,000, while energy efficiency-related jobs are expected to surge to 428,700 by 2029-2030.

Why Professionals Are Returning to Flipkart

Why Professionals Are Returning to Flipkart

Rediff.com2 days ago

Homegrown e-commerce giant Flipkart is experiencing a significant trend of senior leaders rejoining the company, driven by its people-first culture, opportunities for growth with ownership, and the chance to solve problems at an India scale.

Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre

Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre

Rediff.com3 days ago

The Indian government has increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel (ATF) to Rs 42 a litre, effective immediately, to boost domestic availability and prevent exporters from exploiting global price differences.

Punjab Achieves Record Tax Enforcement, Recovering 1,137 Crore

Punjab Achieves Record Tax Enforcement, Recovering 1,137 Crore

Rediff.com6 Apr 2026

Punjab's Finance Minister announces record tax enforcement outcomes for the financial year 2025-26, driven by intelligence-led actions and robust revenue protection, including significant penalties imposed and recovered from fraudulent networks.

Delhi Police Uncover Fake Call Centre Scam, Arrest 19

Delhi Police Uncover Fake Call Centre Scam, Arrest 19

Rediff.com6 days ago

Delhi Police have dismantled a fraudulent call centre in Pitampura, arresting 19 individuals for allegedly defrauding people nationwide by posing as representatives of a finance company offering fake loans and insurance schemes.

UP Statues of Freedom Fighters Reinstalled After Outrage

UP Statues of Freedom Fighters Reinstalled After Outrage

Rediff.com26 Mar 2026

Statues of freedom fighters demolished in Shahjahanpur district, Uttar Pradesh, have been reinstalled within 24 hours following the Chief Minister's orders, prompting calls for a thorough investigation into the incident.

Centre to retain states' tax share at 41% for next five years

Centre to retain states' tax share at 41% for next five years

Rediff.com1 Feb 2026

The 16th Finance Commission, led by Arvind Panagariya, has recommended maintaining the states' share in central taxes at 41% for the five-year period starting April 1, 2026. The government has accepted this recommendation, with Rs 1.4 lakh crore allocated to states for FY 2026-27 as Finance Commission Grants.

Revealed! Nirmalaji's 'Dharam Sankat'...

Revealed! Nirmalaji's 'Dharam Sankat'...

Rediff.com7 Apr 2026

'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Haryana's AI Programme Gains Momentum with World Bank Collaboration

Haryana's AI Programme Gains Momentum with World Bank Collaboration

Rediff.com6 days ago

Haryana's Chief Minister Nayab Singh Saini reviewed the progress of the Haryana AI Development Programme (HAIDP), a Rs 474-crore initiative developed with the World Bank, focusing on AI skilling, startup incubation, and ethical AI governance.

Drug Trafficker Detained Under Stringent Law to Break Delhi Network

Drug Trafficker Detained Under Stringent Law to Break Delhi Network

Rediff.com19 hours ago

A 25-year-old woman, allegedly a key drug trafficker in Delhi, has been detained under the PIT-NDPS Act and will be moved to a Chennai prison to disrupt her network.

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Rediff.com5 Apr 2026

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com1 days ago

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

As Iran Tensions Surge, India Leans On UAE

As Iran Tensions Surge, India Leans On UAE

Rediff.com1 days ago

For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.

Congress Leader Venugopal Alleges Vijayan's Collusion with BJP in Open Letter

Congress Leader Venugopal Alleges Vijayan's Collusion with BJP in Open Letter

Rediff.com7 Apr 2026

AICC General Secretary K C Venugopal has released an open letter to Kerala Chief Minister Pinarayi Vijayan, alleging secret deals with BJP leaders and the central government, raising questions about the LDF government's functioning ahead of the Assembly elections.

Why Insurance Claims Get Rejected

Why Insurance Claims Get Rejected

Rediff.com2 hours ago

'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'

Election neutrality can't be ensured if...: SC judge

Election neutrality can't be ensured if...: SC judge

Rediff.com5 Apr 2026

Supreme Court Justice B V Nagarathna has emphasised the critical importance of an independent Election Commission to ensure the neutrality and integrity of the electoral process in India.

Fuel Crisis: Will There Be a Lockdown? Govt Says...

Fuel Crisis: Will There Be a Lockdown? Govt Says...

Rediff.com27 Mar 2026

Calling such reports baseless, Finance Minister Nirmala Sitharaman said there was no such move under consideration.

Kerala Opposition Leader Criticises CM Vijayan's Choice of Words and Government Spending

Kerala Opposition Leader Criticises CM Vijayan's Choice of Words and Government Spending

Rediff.com24 Mar 2026

Kerala's Leader of Opposition, V.D. Satheesan, has criticised Chief Minister Pinarayi Vijayan and CPI(M) leaders for their language and government spending on advertising.

DBS Bank India Enables Direct Tax Payments via TIN 2.0

DBS Bank India Enables Direct Tax Payments via TIN 2.0

Rediff.com23 Mar 2026

DBS Bank India has launched a direct tax payment facility after authorisation from the Central Board of Direct Taxes (CBDT). Utkarsh Small Finance Bank partners with Mumbai Indians as banking partner for T20 League 2026.

Delhi University Conference Examines AI's Role in Shaping Future Management Practices

Delhi University Conference Examines AI's Role in Shaping Future Management Practices

Rediff.com5 days ago

Delhi University's Sri Guru Gobind Singh College of Commerce hosted an international conference focusing on the transformative role of AI in management, featuring discussions on ethical considerations, customised education, and cross-domain relevance.

Muraleedharan Claims BJP 'Irrelevant' in Kerala Ahead of Assembly Polls

Muraleedharan Claims BJP 'Irrelevant' in Kerala Ahead of Assembly Polls

Rediff.com30 Mar 2026

Congress leader K Muraleedharan has dismissed the BJP's influence in Kerala ahead of the Assembly elections, citing unfulfilled promises and a lack of tangible benefits for the state.

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Rediff.com7 Apr 2026

Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.

Farmer in UP Receives Shocking Tax Notice for Fraudulent Firm

Farmer in UP Receives Shocking Tax Notice for Fraudulent Firm

Rediff.com4 Apr 2026

A farmer in Budaun, Uttar Pradesh, received tax notices for Rs 14.66 crore due to a fraudulent firm operating in his name in Delhi, prompting an official investigation.