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.
The Supreme Court will hear a plea on Friday seeking a direction to Delhi Police to lodge an FIR over the alleged discovery of semi-burnt stash of cash from the official residence of High Court judge Yashwant Varma. The plea was filed by lawyer Mathews J Nedumpara and three others on Sunday. It challenges the 1991 judgement in the K Veeraswami case, in which the top court ruled that no criminal proceedings could be initiated against a judge of the high court or the top court without the prior nod of the Chief Justice of India. The alleged cash discovery happened following a fire at Varma's Lutyens Delhi residence on March 14, prompting the fire officers to rush to the spot. A Supreme Court-appointed in-house committee visited the residence of Justice Varma on Tuesday to commence its inquiry in the matter. Justice Varma denounced any insinuation and said no cash was ever placed in the storeroom either by him or any of his family members.
The Centre is reportedly considering moving forward with the impeachment process against Justice Yashwant Varma in the upcoming Winter session of Parliament, despite his resignation. A Lok Sabha Speaker-constituted panel has found him guilty of possessing unaccounted cash and disturbing evidence.
A panel set up by Lok Sabha Speaker to probe allegations of discovery of cash at the official premises of Justice Yashwant Varma has concluded that the charges of unexplained cash, disturbing evidence and evasive explanation against him "are proved".
The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.
Market experts have largely supported Sebi's proposed changes to the expiry-day trading framework, including delinking derivatives settlement prices from cash-market closing prices and discontinuing live indicative index values during the Closing Auction Session (CAS), believing these will address volatility and manipulation.
Legal experts are divided on whether an FIR can be lodged against former Allahabad High Court judge Justice Yashwant Varma, who resigned after a Lok Sabha-appointed panel found him guilty of charges related to unexplained cash found at his residence.
An inquiry committee's report into allegations against Justice Yashwant Varma, concerning the alleged discovery of unaccounted cash at his official residence, is set to be presented before the Lok Sabha on Wednesday.
A Mumbai chartered accountant, Herat Salot, was allegedly defrauded of Rs 16.29 crore over nine years by an organised syndicate. The elaborate scam involved a fake US pilot training programme, fabricated FBI arrests, and other deceptive ploys. Three individuals have been arrested, while 22 others remain at large.
An inquiry committee's report into allegations against Justice Yashwant Varma, who faced removal proceedings over unaccounted cash found at his residence, was tabled in Rajya Sabha. The report details the investigation into the alleged discovery of burnt currency following a fire at his official residence. Justice Varma has since resigned, rendering the removal proceedings infructuous, though his resignation is yet to be formally notified.
A 60-year-old woman, Uma Kushwaha, was found dead in her Kanpur home with signs of strangulation and scattered belongings, leading police to suspect a robbery attempt. Authorities are investigating the motive, as there were no clear signs of forced entry, and only one cupboard containing jewellery was targeted.
The Odisha Vigilance Department has uncovered assets worth crores of rupees, including over Rs 2 crore in cash, multiple properties, and gold, during raids on an assistant executive engineer. The engineer, Baikuntha Nath Behera, is under investigation for disproportionate assets. Separately, a lineman was arrested for accepting a bribe.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
West Bengal Chief Minister Suvendu Adhikari has ordered a special investigation into alleged fake beneficiaries of the Lakshmir Bhandar scheme, a women's cash transfer programme from the previous government, also initiating a money laundering probe.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
An inquiry committee investigating allegations against Justice Yashwant Varma, concerning unaccounted cash found at his residence, has submitted its report to the Lok Sabha Speaker. The report will be presented to both Houses of Parliament during the Monsoon Session.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
Justice Yashwant Varma of the Allahabad High Court has resigned amid impeachment proceedings sparked by the discovery of burnt currency at his residence, raising questions about judicial conduct and accountability.
Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
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A three-judge panel appointed by the Supreme Court of India has submitted its inquiry report to the Chief Justice of India on the cash discovery allegations against Allahabad High Court judge Justice Yashwant Varma. The panel, comprising Justice Sheel Nagu, Justice G S Sandhawalia, and Justice Anu Sivaraman, finalized its report on May 3. The report was submitted to the CJI on May 4 for further actions. The controversy was raised following a news report about the cash discovery row after a fire at Justice Varma's residence in Delhi on March 14. The report reportedly contains the findings of the panel into the alleged cash discovery row. Justice Varma has denounced any insinuation and said no cash was ever placed in the storeroom either by him or any of his family members.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
The judges were inside the official residence of Justice Varma for around 30-35 minutes and apparently inspected the site, sources said.
Justice Yashwant Varma, a Delhi High Court judge, has been transferred to his parent Allahabad High Court amid a controversy surrounding the alleged discovery of a large sum of cash at his official residence. The Supreme Court Collegium recommended the transfer, stating it was separate from an in-house probe ordered by the top court into the alleged cash find. The incident occurred following a fire at Justice Varma's residence on Holi night, March 14. Justice Varma has vehemently denied any involvement in the alleged cash discovery, calling it a conspiracy to frame him.
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.
Over Rs one lakh in currency notes damaged by termites was recovered from two suitcases in a college union room in Central Kolkata, prompting a police probe.
The Badrinath temple committee has removed its treasurer, Sandesh Mehta, after 'overwriting' was detected in the donations logbook and the quantity of silver in the temple locker exceeded recorded amounts, amidst an ongoing investigation into alleged irregularities.
The Nadia district administration has launched an investigation after 173 male names were detected in the beneficiary list of the 'Lakshmir Bhandar' scheme meant for women in Dhubulia area.
Most of those named were involved with the donation-counting process.
A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.
The Judges Inquiry Committee, formed to investigate allegations against Justice Yashwant Varma, has submitted its report to the Lok Sabha Speaker. The report, concerning allegations that led to impeachment proceedings, will be presented before both Houses of Parliament.
Justice Yashwant Varma, embroiled in the cash discovery row following a fire at his residence, has been excluded from all administrative committees of the Delhi High Court. The committees were recently reconstituted, with all other judges, including the Chief Justice, included. Justice Varma was previously a member of several committees. His work was withdrawn following a directive from the Chief Justice of India, who has also ordered an in-house inquiry into the allegations.
A government engineer in Odisha's Bhadrak district is under investigation after the Vigilance Department allegedly discovered multiple assets, including land plots and residential buildings, disproportionate to his known income sources.
A 38-year-old woman and her 13-year-old son were found murdered in their home in Delhi's Govindpuri area. Police suspect robbery as the motive.
The Delhi High Court has withdrawn the judicial work of Justice Yashwant Varma "with immediate effect" after allegations of a large amount of cash being found at his residence following a fire. The Supreme Court had previously uploaded an inquiry report, including photos and videos, regarding the allegations.
An attempted burglary occurred at a Punjab National Bank branch in Uchi Bassi village near Dasuya, with the intruder failing to access the main safe but stealing a digital tablet.
