News for 'allocation'

SC closes criminal case against Ex-PM Manmohan Singh in coal allocation case

SC closes criminal case against Ex-PM Manmohan Singh in coal allocation case

Rediff.com29 Jul 2026

The Supreme Court has formally acquitted former Prime Minister Manmohan Singh in a high-profile coal block allocation case, setting aside a summoning order against him and accepting the CBI's closure report.

New CM Shivakumar battles discontent over portfolio allocation

New CM Shivakumar battles discontent over portfolio allocation

Rediff.com5 Jun 2026

Karnataka Minister K H Muniyappa has publicly voiced his dissatisfaction with the portfolio allocation in the new D K Shivakumar government, citing a lack of consideration for seniority. He urged the Congress leadership to review the assignments, highlighting his preference for portfolios like Social Welfare or Agriculture, and noted that another senior minister, Ramalinga Reddy, also resigned over the issue.

Shivakumar heads to Delhi amid cabinet portfolio talks, reshuffle buzz

Shivakumar heads to Delhi amid cabinet portfolio talks, reshuffle buzz

Rediff.com1 days ago

Karnataka Chief Minister D K Shivakumar is in New Delhi to discuss the allocation of portfolios among newly inducted ministers and address discontent among legislators who missed out on cabinet berths. Speculation also surrounds a potential minor cabinet reshuffle and the appointment of a woman minister to the lone vacant position, with the CM aiming to finalise these decisions before the state Legislature's monsoon session.

TVK allocates lone Rajya Sabha seat to Cong

TVK allocates lone Rajya Sabha seat to Cong

Rediff.com3 Jun 2026

The TVK's decision to offer the lone Rajya Sabha seat to the Congress came against the backdrop of key meetings between national party leaders, including former union finance minister P Chidambaram and Congress Tamil Nadu in-charge Girish Chodankar at the Secretariat.

6,562 EV Chargers Approved, None Installed Yet

6,562 EV Chargers Approved, None Installed Yet

Rediff.com5 days ago

While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.

TVK's maiden budget fulfils Vijay's poll promises with gold, cows

TVK's maiden budget fulfils Vijay's poll promises with gold, cows

Rediff.com5 days ago

Chief Minister C Joseph Vijay-led Tamilaga Vettri Kazhagam government on Wednesday allotted over Rs 1,000 crore to provide gifts of gold coin, ring and milch cows to beneficiaries to fulfill the election promise made by the party ahead of the assembly election this year.

Tamil Nadu moves SC over Cauvery water share by Karnataka

Tamil Nadu moves SC over Cauvery water share by Karnataka

Rediff.com7 days ago

The Tamil Nadu government has filed a petition in the Supreme Court regarding the Cauvery water dispute with Karnataka, alleging that the water quantum allocated by the CWRC and released by Karnataka is insufficient. The state seeks its due share of water, citing Karnataka's ample reservoir storage.

FPIs Pour Rs 12,921 Crore into Indian Markets in Early August

FPIs Pour Rs 12,921 Crore into Indian Markets in Early August

Rediff.com1 days ago

Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.

Tamil Nadu Government Funds Chennai Open's Return

Tamil Nadu Government Funds Chennai Open's Return

Rediff.com5 days ago

The Chennai Open, a WTA 250 tennis tournament, is scheduled to return in November after the Tamil Nadu government allocated Rs 10 crore for its conduct. The event, which was absent in 2023 and 2024, will be held at the SDAT Tennis Stadium.

Can Fast-Track Courts Handle Paper Leak Cases?

Can Fast-Track Courts Handle Paper Leak Cases?

Rediff.com7 days ago

As of December 2025, India had 880 Fast-Track Courts with 1.39 million pending cases, despite disposing of 1.33 million cases during the year.

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.

Chhattisgarh Government Commits Rs 100 Crore To Sports Development

Chhattisgarh Government Commits Rs 100 Crore To Sports Development

Rediff.com28 Jul 2026

Chhattisgarh Chief Minister Vishnu Deo Sai announced a Rs 100 crore allocation for sports infrastructure and athlete development during a Sports Conclave in Raipur. The state government is focused on promoting sports, nurturing talent, and providing employment opportunities for outstanding sportspersons, alongside organising major sporting events like the Bastar and Surguja Olympics.

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

First Biotech Startups Receive Funding Under India's Rs 1 Trillion R&D Fund

Rediff.com22 Jul 2026

The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.

Biggest Mistake MF Investors Make; Are You One Of Them?

Biggest Mistake MF Investors Make; Are You One Of Them?

Rediff.com27 Jul 2026

'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'

How Delhi's New Drone Policy Aims To Boost Employment And Innovation

How Delhi's New Drone Policy Aims To Boost Employment And Innovation

Rediff.com2 days ago

The Delhi government is set to introduce a comprehensive drone policy aimed at creating over 1,000 jobs and regulating drone operations. The policy will focus on establishing research clusters, flight testing facilities, and providing subsidies, while also addressing drone usage for government purposes like traffic management and surveillance, considering the city's extensive 'no drone zones'.

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com3 days ago

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

Jitters over LPG subsidy bill. It may top Rs 1 lakh cr in FY27

Jitters over LPG subsidy bill. It may top Rs 1 lakh cr in FY27

Rediff.com17 Jul 2026

A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.

Mumbai mayor orders withdrawal of controversial heritage bungalow tender

Mumbai mayor orders withdrawal of controversial heritage bungalow tender

Rediff.com5 days ago

Mumbai Mayor Ritu Tawde has instructed the Brihanmumbai Municipal Corporation (BMC) to withdraw a controversial Rs 3 crore tender for upgradation works around her official heritage bungalow in Byculla. The tender, issued by the BMC's zoo department, faced strong objections from the opposition, particularly Shiv Sena (UBT), which alleged misuse of public funds. Tawde clarified that the works were for the surrounding area, not the bungalow itself, and cited the tender's mention of the Mayor's bungalow as the reason for its withdrawal.

World Boxing Reinstates Russian Boxers Under National Flag

World Boxing Reinstates Russian Boxers Under National Flag

Rediff.com31 Jul 2026

World Boxing has lifted restrictions on Russian boxers, allowing them to compete under their national flag in international events, moving away from the previous neutral status requirement. This decision aligns with a broader trend by the International Olympic Committee to reintegrate Russian athletes into global sports, particularly ahead of the 2028 Los Angeles Olympics. The governing body will, however, monitor their conduct and anti-doping compliance.

Sweeping changes in education system: Students' demands from new minister

Sweeping changes in education system: Students' demands from new minister

Rediff.com26 Jul 2026

Following the change in the Education ministry, students involved in the CJP protests express hope for significant reforms. Their key demands include greater transparency in the exam system, affordable and quality education, and improved government schools, highlighting the widespread desire for a more equitable and effective education system in India.

TN to opposes Centre's delimitation plan, backs 543-seat Lok Sabha freeze

TN to opposes Centre's delimitation plan, backs 543-seat Lok Sabha freeze

Rediff.com2 days ago

A meeting of Tamil Nadu MPs, led by Chief Minister C Joseph Vijay, unanimously decided to oppose the Union government's proposed delimitation exercise, demanding its complete withdrawal and an extension of the delimitation freeze for another 25 years.

Opposition protests force LS adjournment as Parliament stalemate continues

Opposition protests force LS adjournment as Parliament stalemate continues

Rediff.com5 days ago

Relentless protests by Opposition parties forced the adjournment of the Lok Sabha for the day after the passage of the Bankers' Books Evidence Bill without a debate on Wednesday, with the government accusing them of coming to the House to disrupt proceedings and not for discussion.

'Why link it to delimitation?': Rahul, Rijiju spar over women's quota

'Why link it to delimitation?': Rahul, Rijiju spar over women's quota

Rediff.com2 days ago

The Congress and BJP are engaged in a political spat over the implementation of the Women's Reservation Bill and its proposed link to delimitation, with Rahul Gandhi urging unconditional implementation of the 2023 law and Kiren Rijiju highlighting the constitutional requirement for delimitation based on post-2026 census figures.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

ONGC to build 1.75 mt strategic oil reserve in Mangaluru, boosting India's energy security

ONGC to build 1.75 mt strategic oil reserve in Mangaluru, boosting India's energy security

Rediff.com11 Jul 2026

State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.

West Bengal Government Arranges Public Screenings For FIFA World Cup Final

West Bengal Government Arranges Public Screenings For FIFA World Cup Final

Rediff.com18 Jul 2026

The West Bengal government is organising live public screenings of the FIFA World Cup final between Argentina and Spain at Nandan in Kolkata and other district locations. Each district has been allocated Rs 1 lakh for arrangements, with security and logistics being coordinated for the event.

NEET-PG row: High-powered panel to audit admission system, Centre tells SC

NEET-PG row: High-powered panel to audit admission system, Centre tells SC

Rediff.com6 days ago

The Centre on Tuesday told the Supreme Court that it has constituted a high-powered committee headed by the director general of health services (DGHS) to formulate a mechanism for conducting a comprehensive audit of the existing system of admission through the NEET-PG examination.

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

Rediff.com14 Jul 2026

The Competition Commission of India (CCI) has imposed a total penalty of approximately Rs 142.37 crore on HP India Sales Private Limited and several of its resellers for engaging in cartelisation and bid rigging on the Government e-Marketplace (GeM).

10 killed after Typhoon Noul makes landfall in southern China

10 killed after Typhoon Noul makes landfall in southern China

Rediff.com26 Jul 2026

Ten people were killed in rain-triggered floods in China as Typhoon Noul made landfall early Sunday in the southern province of Guangdong.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com6 days ago

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

Want To Invest In Life Cycle Funds?

Want To Invest In Life Cycle Funds?

Rediff.com2 Jul 2026

Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.

'Certain elements' in Israeli govt want war to continue 'indefinitely': Vance

'Certain elements' in Israeli govt want war to continue 'indefinitely': Vance

Rediff.com16 Jul 2026

US Vice President JD Vance has accused 'certain elements' within the Israeli government of attempting to manipulate American public opinion to prolong the conflict with Iran 'indefinitely', according to a Wall Street Journal report.

New Venture Targets Gig Worker Welfare

New Venture Targets Gig Worker Welfare

Rediff.com27 Jul 2026

The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com15 Jul 2026

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

Tata Steel aims to spend Rs 20,000 cr in FY27

Tata Steel aims to spend Rs 20,000 cr in FY27

Rediff.com5 Jul 2026

Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.

AI-171 crash: Families pursue legal avenues to get black box data

AI-171 crash: Families pursue legal avenues to get black box data

Rediff.com20 Jul 2026

Families of the AI-171 crash victims are demanding the release of black box data and cockpit voice recorder transcripts, questioning the Aircraft Accident Investigation Bureau's (AAIB) decision to withhold this crucial information while promising only a final probe report.

Institutional Investment in India's Housing Market Plunges 85% to $154 Mn

Institutional Investment in India's Housing Market Plunges 85% to $154 Mn

Rediff.com21 Jul 2026

Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.

International gains revive appetite for global MFs

International gains revive appetite for global MFs

Rediff.com8 Jul 2026

International mutual fund schemes have seen a significant resurgence in investor interest, attracting approximately Rs 7,600 crore in net inflows over the past year, a stark reversal from previous outflows, driven by their strong outperformance against domestic markets and limited AI-linked investment opportunities in India.