News for 'accountability'

India's Freshers Face Tougher Job Market

India's Freshers Face Tougher Job Market

Rediff.com5 days ago

Employers are increasingly prioritising professionals with four to 10 years of experience.

NTA to review internal processes after UGC-NET exam errors

NTA to review internal processes after UGC-NET exam errors

Rediff.com7 days ago

The National Testing Agency (NTA) is reviewing its internal processes and protocols following lapses in three papers of the UGC-NET June 2026 examination, leading to re-tests for English, Commerce, and Sociology. The agency stated it proactively identified issues and is taking corrective measures to ensure fair and error-free examinations, amidst strong criticism from opposition leaders.

Supreme Court shield for journalist reporting on Ram temple theft

Supreme Court shield for journalist reporting on Ram temple theft

Rediff.com1 hour ago

The Supreme Court has protected journalist Abhishek Upadhyay from coercive action by Ghaziabad Police, who had filed an FIR against him in a road rage case. Upadhyay alleges the FIR is retaliatory for his reporting on alleged irregularities in donations at Ayodhya's Ram temple. The court has sought a copy of the FIR and asked Upadhyay to approach the Allahabad High Court.

Indian man held in US for multi-million-dollar fraud targeting elderly

Indian man held in US for multi-million-dollar fraud targeting elderly

Rediff.com3 days ago

An Indian national, Jay Sunilbharthi Goswami, has been arrested and charged in the US for his alleged role as a "money mule" in a multi-million-dollar internet and telephone fraud scheme targeting elderly victims. Goswami, a Gujarat native, was detained in Canada while attempting to flee to Qatar, facing charges including wire fraud and money laundering.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com4 days ago

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

'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.com7 days ago

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.

How UPI Revolutionised India's Digital Payments Ecosystem

How UPI Revolutionised India's Digital Payments Ecosystem

Rediff.com1 days ago

The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Rediff.com6 days ago

The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

Rediff.com4 days ago

RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.

One In 10 Staff At California Unicorns Works In India

One In 10 Staff At California Unicorns Works In India

Rediff.com7 days ago

One in 10 employees at California-headquartered technology unicorns now work from India, surpassing other major US tech hubs and several countries, driven by US visa restrictions and substantial cost savings.

Sebi acts swiftly against 'trade manipulation' in closing auction session, impounds Rs 3.67 crore

Sebi acts swiftly against 'trade manipulation' in closing auction session, impounds Rs 3.67 crore

Rediff.com5 days ago

The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com3 days ago

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com1 days ago

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Rediff.com10 Aug 2026

A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com4 days ago

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

Sri Lanka Cricket pushes for more Test matches against India, England, Australia

Sri Lanka Cricket pushes for more Test matches against India, England, Australia

Rediff.com2 days ago

Eran Wickramaratne, chairman of Sri Lanka Cricket's interim committee, has called for a revision of the ICC's Future Tours Programme to allow Sri Lanka to play more Test matches against cricketing powerhouses like India, England, and Australia, citing the financial dependence on India and the desire to excel in the format.

Jewellery worth Rs 50 lakh vanishes from Lucknow woman's SBI locker

Jewellery worth Rs 50 lakh vanishes from Lucknow woman's SBI locker

Rediff.com14 Aug 2026

A widow in Kanpur has alleged that jewellery worth approximately Rs 50 lakh vanished from her State Bank of India (SBI) locker, leading police to register an FIR against the branch manager and unidentified staff members. The complainant, Rashmi Arora, discovered the locker empty after a period of non-operation and a bank merger.

10 Skills AI Is Teaching That Schools Aren't

10 Skills AI Is Teaching That Schools Aren't

Rediff.com5 hours ago

When a student asks AI to explore an idea, challenges its response, asks for alternatives, improves the output and decides what is worth retaining, the student is practising behaviours that are central to leadership, says Jaspreet Bindra, co-founder and CEO of AI & Beyond, an organisation promoting AI literacy.

Maoist leader Azad acquitted in all 49 cases after 15 years in jail

Maoist leader Azad acquitted in all 49 cases after 15 years in jail

Rediff.com6 days ago

Maoist leader Azad alias Dana Keshab Rao has been released after spending over 15 years in jail as an undertrial prisoner, following his acquittal in all 49 cases registered against him in Odisha and Andhra Pradesh.

How Delhi Police Uncovered A Cyber Fraud Mule Account Network

How Delhi Police Uncovered A Cyber Fraud Mule Account Network

Rediff.com7 Jun 2026

Delhi Police have arrested two individuals from Haryana for their alleged involvement in facilitating cyber fraud through mule bank accounts. The arrests were made during an investigation into an online investment scam that defrauded a senior citizen of over Rs 1.69 lakh.

Rajasthan Officer Dies By Suicide After FIR In Accountant's Death

Rajasthan Officer Dies By Suicide After FIR In Accountant's Death

Rediff.com12 Jun 2026

An assistant treasury officer in Rajasthan's Dausa district died by suicide days after an FIR was filed against him in connection with the harassment and murder of a junior accountant. A suicide note recovered from his residence accuses a naib tehsildar and his brother-in-law of harassment.

'What have I done?': Jinnah's words after seeing Partition horror

'What have I done?': Jinnah's words after seeing Partition horror

Rediff.com14 Aug 2026

Journalist Kuldip Nayar's autobiography recounts Pakistan founder Muhammad Ali Jinnah's despairing remark, "What have I done?", after witnessing the mass displacement during the 1947 Partition. The article also details Nayar's own grim experiences of the communal violence and human tragedy at the time, highlighting the immense upheaval that accompanied the division of the subcontinent, now commemorated as Partition Horrors Remembrance Day.

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

Rediff.com7 days ago

SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.

India face uphill battle for Hockey World Cup semi-finals, need big win vs Argentina

India face uphill battle for Hockey World Cup semi-finals, need big win vs Argentina

Rediff.com2 days ago

India's chances of reaching the Hockey World Cup semi-finals are slim, requiring a significant victory against Argentina and favourable results from the Netherlands-England match. The team must overcome their finishing struggles and defensive concerns to keep their hopes alive.

SIF Accounts Cross 50,000 Milestone

SIF Accounts Cross 50,000 Milestone

Rediff.com4 Jun 2026

The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.

Duleep Trophy: Shahbaz Ahmed stars with bat and ball for East Zone

Duleep Trophy: Shahbaz Ahmed stars with bat and ball for East Zone

Rediff.com21 hours ago

India all-rounder Shahbaz Ahmed scored a career-best 167 and took three wickets, helping East Zone enforce a follow-on against North East Zone in the Duleep Trophy quarter-final. East Zone posted 467, then bowled out North East for 111, with Abhijit Sarkar claiming five wickets.

Himanshi Khurana To Asim Riaz: Never Said 'Forceful Conversion'

Himanshi Khurana To Asim Riaz: Never Said 'Forceful Conversion'

Rediff.com3 hours ago

Former couple Himanshi Khurana and Asim Riaz are embroiled in a public spat, with Himanshi alleging 'violence' and 'disrespect' from Asim and vowing to share 'facts and evidence' regarding their breakup.

Badminton Star Saina Nehwal Open to Future in Electoral Politics

Badminton Star Saina Nehwal Open to Future in Electoral Politics

Rediff.com1 days ago

Badminton legend Saina Nehwal has expressed her openness to entering electoral politics in the future, stating her desire to contribute to India's development and continue serving the nation beyond her sporting career.

Don't mistake our tolerance for weakness, can hit hard: NSA Doval

Don't mistake our tolerance for weakness, can hit hard: NSA Doval

Rediff.com14 Aug 2026

National Security Advisor Ajit Doval has stated that India's generosity and tolerance should not be perceived as weakness, emphasising the nation's capability to take risks and retaliate forcefully. Speaking in the upcoming Discovery docuseries "Declassified: Operation Sindoor", Doval detailed the operation's objective to dismantle terror camps responsible for the Pahalgam attack, highlighting India's resolve in military responses.

OpenAI Launches ChatGPT For Teens

OpenAI Launches ChatGPT For Teens

Rediff.com6 days ago

'ChatGPT for Teens brings together learning and safety features in one unified experience, supporting active, collaborative learning outside the classroom while enabling more intentional and age-appropriate use of AI.'

India rejects US body's call for sanctions on RSS

India rejects US body's call for sanctions on RSS

Rediff.com3 days ago

India has strongly rejected remarks by the US Commission on International Religious Freedom (USCIRF) officials calling for sanctions against the Rashtriya Swayamsevak Sangh (RSS) and advising against diplomatic courtesies for its leaders. The External Affairs Ministry spokesperson labelled USCIRF a "biased" organisation with its own agenda, lacking credibility.

1st T20I: Skipper Shreyas Iyer opens account with crushing victory over Zimbabwe

1st T20I: Skipper Shreyas Iyer opens account with crushing victory over Zimbabwe

Rediff.com23 Jul 2026

India captain Shreyas Iyer hailed his bowlers for making the most of the lively conditions here on Thursday and said the comprehensive victory over Zimbabwe in the opening T20I would give his side the confidence it needs for the remainder of the series.

Commercial Vehicle Loans See Rising Delinquencies, Used Car Finance Surges: CRIF

Commercial Vehicle Loans See Rising Delinquencies, Used Car Finance Surges: CRIF

Rediff.com5 days ago

Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026, while used car loans emerged as the fastest-growing segment, according to a CRIF High Mark report.

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Rediff.com2 days ago

Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.

Sumit Sarkar: The Historian Who Transformed Indian History

Sumit Sarkar: The Historian Who Transformed Indian History

Rediff.com5 hours ago

Sumit Sarkar was never intellectually dismissive of the Hindutva project. He took it with deadly seriousness for he grasped the challenge it posed to the aspirations and ideals of the anti-imperialist movement that generated multiple imaginings of freedom and ways to attain it, recalls Pradeep Kumar Dutta.

The new age of bullion: Why investors are choosing ETFs over lockers

The new age of bullion: Why investors are choosing ETFs over lockers

Rediff.com4 days ago

Today, many investors are less concerned about holding bullion physically. What matters more is gaining exposure to price movements. As a result, the new-age investment trend has shifted more towards ETFs.

Pistol reels lead MP police to Rs 3 cr cash in taxi driver's house

Pistol reels lead MP police to Rs 3 cr cash in taxi driver's house

Rediff.com7 days ago

Police in Sagar, Madhya Pradesh, investigating social media videos of men brandishing pistols, unexpectedly discovered over Rs 3 crore in unaccounted cash hidden in a locked cupboard at a taxi driver's home. The money was found during a search for weapons, which were not recovered.

Fake airline job racket busted in Delhi, 6 arrested

Fake airline job racket busted in Delhi, 6 arrested

Rediff.com1 days ago

Six individuals, including the alleged mastermind and a website developer, have been arrested for operating a sophisticated fake airline job racket. The fraudsters used social media ads and fake websites to solicit fees for aviation diplomas, promising jobs at Indira Gandhi International Airport, and duped numerous job seekers before being caught.