News for 'central funds'

Union Minister Pradhan Alleges TMC Mismanagement of Funds, Criticises Bengal's Education System

Union Minister Pradhan Alleges TMC Mismanagement of Funds, Criticises Bengal's Education System

Rediff.com7 Apr 2026

Union Minister Dharmendra Pradhan has accused the TMC government in West Bengal of diverting central funds for party activities and destroying the state's education system. He also criticised the teacher recruitment process and expressed confidence in the BJP's victory in the upcoming assembly polls.

Five Arrested In Uttarakhand Chit Fund Scam: Details

Five Arrested In Uttarakhand Chit Fund Scam: Details

Rediff.com2 days ago

The CBI has arrested five individuals, including a key figure, in connection with the LUCC chit fund scam in Uttarakhand, which involves over Rs 400 crore. The case concerns alleged irregularities by the Loni Urban Multi-State Credit and Thrift Co-operative Society (LUCC), accused of enticing investors into unregulated schemes.

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

Rediff.com2 days ago

The Central Bureau of Investigation (CBI) has arrested Sanjit Chakraborty, a proclaimed offender allegedly involved in two chit fund scam cases in Tripura involving over Rs 7.75 crore. Chakraborty was arrested in Kolkata after being absconding since 2013.

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

Rediff.com7 Mar 2026

Senior BJP leader Suvendu Adhikari has accused the West Bengal government of deliberately withholding central allocations for social welfare projects, including Ayushman Bharat and PM Awas Yojana, impacting millions of citizens. He also criticised the state's handling of farmer support and public distribution systems.

Nirmala Sitharaman Alleges TMC Government Obstructing Central Welfare Schemes in West Bengal

Nirmala Sitharaman Alleges TMC Government Obstructing Central Welfare Schemes in West Bengal

Rediff.com15 Apr 2026

Union Finance Minister Nirmala Sitharaman has accused the TMC government in West Bengal of preventing the implementation of central welfare schemes, depriving the state's residents of benefits such as Ayushman Bharat and PM Kisan.

Why Long-Duration Funds Are Losing Money

Why Long-Duration Funds Are Losing Money

Rediff.com21 Apr 2026

'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'

Mamata Banerjee Claims Central Forces Searched Her Car, Questions BJP Leaders' Exemption

Mamata Banerjee Claims Central Forces Searched Her Car, Questions BJP Leaders' Exemption

Rediff.com15 Apr 2026

West Bengal Chief Minister Mamata Banerjee has accused central forces of searching her car and criticised the BJP for alleged election misconduct during a rally in Islampur, Uttar Dinajpur district.

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

Adityanath Accuses TMC of Pushing West Bengal into 'Identity Crisis'

Adityanath Accuses TMC of Pushing West Bengal into 'Identity Crisis'

Rediff.com16 Apr 2026

Uttar Pradesh Chief Minister Yogi Adityanath criticised the TMC, alleging corruption and 'mafia rule' have created an 'identity crisis' in West Bengal. He urged voters to support the BJP in the upcoming elections, promising a 'double-engine' government for development.

Abhishek Banerjee Demands Release Of Bengal Funds

Abhishek Banerjee Demands Release Of Bengal Funds

Rediff.com19 Apr 2026

TMC leader Abhishek Banerjee has urged Prime Minister Narendra Modi to release pending central dues to West Bengal before professing his love for the state. Banerjee also criticised BJP leaders for their reaction to the 'Jai Bangla' slogan and accused the BJP of failing to act on its promise to develop the Sagar islands.

Delhi Driver Arrested For Siphoning Funds From Elderly Patient

Delhi Driver Arrested For Siphoning Funds From Elderly Patient

Rediff.com4 days ago

A 39-year-old driver in Delhi, employed by a family for 15 years, has been arrested for allegedly exploiting an elderly Alzheimer's patient and siphoning off Rs 2.57 lakh through unauthorised UPI transactions.

Pakistan Hockey Federation Receives Government Funds for Key FIH Events

Pakistan Hockey Federation Receives Government Funds for Key FIH Events

Rediff.com10 Apr 2026

The Pakistan Hockey Federation (PHF) has confirmed that the government has released funds for the national team's participation in the FIH Nations League and the FIH World Cup. However, player Abdul Hannan Shahid has raised concerns about low daily allowances and lack of financial support for players.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

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.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

Sarma Accuses Mamata Of Diverting Funds To Infiltrators

Sarma Accuses Mamata Of Diverting Funds To Infiltrators

Rediff.com18 Apr 2026

Assam Chief Minister Himanta Biswa Sarma has accused West Bengal's Mamata Banerjee government of diverting resources to 'Bangladeshi Muslim infiltrators' and warned of losing Bengal if she remains in power.

Abhishek Banerjee Alleges Centre Starving West Bengal by Blocking Funds

Abhishek Banerjee Alleges Centre Starving West Bengal by Blocking Funds

Rediff.com5 Apr 2026

Trinamool Congress leader Abhishek Banerjee accuses the central government of withholding funds from West Bengal to punish voters for supporting the TMC, while highlighting state-led initiatives to support the population.

CBI Raids Multiple Locations In Haryana Bank Scam Case

CBI Raids Multiple Locations In Haryana Bank Scam Case

Rediff.com1 days ago

The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.

Don't keep saying 'by the inspiration of CM': Suvendu to officials

Don't keep saying 'by the inspiration of CM': Suvendu to officials

Rediff.com4 days ago

West Bengal Chief Minister Shuvendu Adhikari has directed senior officials to ensure transparency, accountability, and strict adherence to rules in governance. He emphasised the importance of honest opinions and actions for the state's development, urging officials to restart stalled centrally sponsored schemes and implement promises from the BJP's election manifesto.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com3 days ago

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

RBI Simplifies Outward Remittance Rules For Non-Bank Entities

RBI Simplifies Outward Remittance Rules For Non-Bank Entities

Rediff.com2 days ago

The Reserve Bank of India (RBI) has removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India, aiming to streamline the process and enhance efficiency.

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

Rediff.com4 days ago

The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.

ED Gets Nod To Interrogate ISIS Suspects In Jails

ED Gets Nod To Interrogate ISIS Suspects In Jails

Rediff.com1 days ago

A special court has granted the Enforcement Directorate (ED) permission to record statements of 19 alleged ISIS members and sympathizers held in various prisons across India.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com4 hours ago

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Punjab Minister Sanjeev Arora In ED Custody: Here's Why

Punjab Minister Sanjeev Arora In ED Custody: Here's Why

Rediff.com6 days ago

A court in Gurugram has sent Punjab's Industries Minister Sanjeev Arora to seven days of ED custody in a money laundering case, officials said on Sunday.

Release Bengal Dues Before Professing Love, Banerjee Tells Modi

Release Bengal Dues Before Professing Love, Banerjee Tells Modi

Rediff.com19 Apr 2026

TMC leader Abhishek Banerjee has urged Prime Minister Narendra Modi to release the pending central dues to West Bengal before professing his love for the state. Banerjee also criticised BJP leaders and defended the 'Jai Bangla' slogan.

CBI Searches Reliance Communications Premises Over Fraud Allegations

CBI Searches Reliance Communications Premises Over Fraud Allegations

Rediff.com1 days ago

The Central Bureau of Investigation (CBI) conducted searches at seven premises linked to Reliance Communications Ltd, an Anil Dhirubhai Ambani Group company, in connection with a fraud case involving thousands of crores of rupees.

Paternity Leave For Private Sector On Cards?

Paternity Leave For Private Sector On Cards?

Rediff.com2 days ago

Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.

TMC Leader Banerjee Challenges Amit Shah on Infiltration Concerns

TMC Leader Banerjee Challenges Amit Shah on Infiltration Concerns

Rediff.com10 Apr 2026

Senior TMC leader Abhishek Banerjee has criticised Union Home Minister Amit Shah over his repeated claims about infiltration in West Bengal, questioning the ministry's failure to prevent terror attacks and raising questions about the status of former Bangladesh PM Sheikh Hasina.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com14 hours ago

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com4 days ago

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Nagaland Opens Cultural Centre To Preserve Indigenous Heritage

Nagaland Opens Cultural Centre To Preserve Indigenous Heritage

Rediff.com7 May 2026

The Nagaland Indigenous Tribes Cultural Resource Centre has been inaugurated in Kohima to preserve and promote the cultural heritage of the state's indigenous tribes.

CBI Raids Reliance ADA Group Offices In Mumbai

CBI Raids Reliance ADA Group Offices In Mumbai

Rediff.com6 days ago

The CBI conducted searches at 17 premises in Mumbai related to Reliance ADA Group companies, including Reliance Telecom and Reliance Finance, concerning alleged diversion of bank funds and losses to banks and LIC.

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

Rediff.com6 days ago

The Enforcement Directorate (ED) has arrested Punjab Industries Minister Sanjeev Arora in connection with a money laundering case involving alleged fake GST purchases and round-tripping of funds. Raids were conducted at multiple locations, and Arora was taken into custody under the Prevention of Money Laundering Act (PMLA). This follows previous actions against Arora and other politically connected individuals in Punjab.

PF Withdrawal Through ATM, UPI Soon

PF Withdrawal Through ATM, UPI Soon

Rediff.com3 days ago

The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Rediff.com7 days ago

The Enforcement Directorate conducted searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering case investigation.

TMC Leader Accuses BJP of Betraying Rajbanshi Community in North Bengal

TMC Leader Accuses BJP of Betraying Rajbanshi Community in North Bengal

Rediff.com7 Apr 2026

Senior TMC leader Abhishek Banerjee has accused the BJP government of failing to honour promises made to the Rajbanshi community in north Bengal, including recognising their language and raising a 'Narayani Sena' battalion.

Why ED Is Raiding Punjab Minister Sanjeev Arora Again

Why ED Is Raiding Punjab Minister Sanjeev Arora Again

Rediff.com7 days ago

The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation. Raids were carried out at multiple locations, including Arora's residence and business premises, following a new case registered under the Prevention of Money Laundering Act (PMLA).

Suvendu aide murder: CBI probe hints at Rs 1 cr contract killing

Suvendu aide murder: CBI probe hints at Rs 1 cr contract killing

Rediff.com3 days ago

The CBI has registered an FIR in the alleged murder of Chandranath Rath, an aide to West Bengal Chief Minister Suvendu Adhikari, taking over the investigation from the state police following a request from the state government.

Gulf War: Hormuz Is Becoming The Central Battlefield

Gulf War: Hormuz Is Becoming The Central Battlefield

Rediff.com23 Mar 2026

The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com1 days ago

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'