News for 'central funds'

CBI chargesheets 4 Chinese citizens among 17 in Rs 1,000-cr cyber fraud case

CBI chargesheets 4 Chinese citizens among 17 in Rs 1,000-cr cyber fraud case

Rediff.com14 Dec 2025

The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore.

How Gadchiroli Broke The Maoist Backbone

How Gadchiroli Broke The Maoist Backbone

Rediff.com12 Jan 2026

'The watershed moment was June 22, 2024, when the divisional in-charge of Gadchiroli, Giridhar Tumreti, who was their senior-most commander, along with his wife, came forward to surrender before the then deputy chief minister and home minister Devendra Fadnavis.'

Why Freebies May Not Save Stalin's DMK

Why Freebies May Not Save Stalin's DMK

Rediff.com16 Jan 2026

While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.

Silver futures jump 6% to record Rs 2.54 lakh/kg

Silver futures jump 6% to record Rs 2.54 lakh/kg

Rediff.com29 Dec 2025

Silver prices extended their record-breaking rally for a sixth straight session on Monday, surging 6 per cent to touch a lifetime high of Rs 2,54,174 per kilogram in futures trade amid strong investor demand and bullish global trends. On the Multi Commodity Exchange (MCX), silver futures for March delivery surged Rs 14,387, or 6 per cent, to hit a new record of Rs 2,54,174 per kilogram.

'I'm A Repeater. How To Fill IIT-JEE Form?'

'I'm A Repeater. How To Fill IIT-JEE Form?'

Rediff.com4 Dec 2025

rediffGURU Mayank Chandel, founder of CareerStreets explains how you can register for the upcoming IIT-JEE exam.

Pan masala cess to boost public health, security

Pan masala cess to boost public health, security

Rediff.com8 Dec 2025

Experts said that earmarking of funds for public health at par with national security indicates a key policy shift.

Vijay praises BJP-partnered Puducherry government

Vijay praises BJP-partnered Puducherry government

Rediff.com9 Dec 2025

Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.

CBI tracks digital arrest scam to Southeast Asian nations, charges 13

CBI tracks digital arrest scam to Southeast Asian nations, charges 13

Rediff.com11 Dec 2025

The agency also ran a parallel investigation into cyber-slavery and the organised digital exploitation networks in Southeast Asia, with slave compounds in Myanmar and neighbouring areas, that are emerging as incubators for the execution of such frauds.

Sebi takes measures to deepen investors' participation in capital market

Sebi takes measures to deepen investors' participation in capital market

Rediff.com17 Dec 2025

Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rediff.com17 Dec 2025

The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.

Central funds are not a favour, Nitish slams Rahul

Central funds are not a favour, Nitish slams Rahul

Rediff.com15 Oct 2010

Chief Minister Nitish Kumar on Friday locked horns with Congress general secretary Rahul Gandhi over central funds to Bihar and dared the Congress leader to stop the allocation to the state, saying the funds are not given at somebody's 'meharbani' (favour).

It Is Hard To Know How The Economy Is Truly Performing

It Is Hard To Know How The Economy Is Truly Performing

Rediff.com23 Dec 2025

The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.

100% FDI in insurance likely soon

100% FDI in insurance likely soon

Rediff.com13 Dec 2025

The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.

UP govt must account for central funds: Sonia

UP govt must account for central funds: Sonia

Rediff.com20 Sep 2006

Sonia Gandhi on Wednesday launched an unbridled attack against the Mulayam Singh Yadav government saying there was utter "chaos" in the state and asked for a full account of central funds sanctioned for its development.

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rediff.com11 Dec 2025

The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.

Equity MFs Cool Off; SIPs Soar

Equity MFs Cool Off; SIPs Soar

Rediff.com19 Nov 2025

'AUM reached an all-time high of Rs 79.9 trillion in October 2025, driven by strong retail participation and record SIP inflows of Rs 29,529 crore from over 94.5 million contributing accounts.'

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

New GDP series to improve informal sector estimates

New GDP series to improve informal sector estimates

Rediff.com1 Jan 2026

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.

SC fines 10 Raj dental colleges Rs 10 cr each over admission breaches

SC fines 10 Raj dental colleges Rs 10 cr each over admission breaches

Rediff.com20 Dec 2025

The Supreme Court of India has imposed a fine of Rs 10 crore each on 10 private dental colleges in Rajasthan for irregularities in admissions, citing blatant illegality and willful violation of rules. The court also directed the state government to deposit Rs 10 lakh for failing to adhere to legal procedures.

Govt introduces bill to open civil nuclear sector to private players

Govt introduces bill to open civil nuclear sector to private players

Rediff.com15 Dec 2025

The Indian government has introduced a bill to overhaul the civil nuclear sector, allowing private participation and establishing a new liability regime. The SHANTI Bill, 2025, aims to repeal existing acts and address industry concerns.

Centre restarts MGNREGA in West Bengal, but conditions apply

Centre restarts MGNREGA in West Bengal, but conditions apply

Rediff.com10 Dec 2025

After a gap of more than three years, the central government has agreed to resume the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) works in West Bengal with immediate effect, but subject to mandatory adherence to stringent conditions. These include a prohibition on any work valued at more than 20 lakh, compulsory 100 per cent electronic know-your-customer (eKYC) verification of all workers, and mandatory pre-estimation field visits for all works before they are undertaken.

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

Sonia, Modi lock horns over Central funds, Sir Creek

Sonia, Modi lock horns over Central funds, Sir Creek

Rediff.com14 Dec 2012

Congress president Sonia Gandhi and Gujarat Chief Minister Narendra Modi locked horns on Friday after the Congress President charged that Central funds were misused by the Gujarat government and the Chief Minister was 'inciting' people by raising concerns over border security through the Sir Creek issue.

Sensex sheds 436 pts on profit booking in bank, oil shares

Sensex sheds 436 pts on profit booking in bank, oil shares

Rediff.com9 Dec 2025

Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.

Trade unions to go on strike in Feb, demand withdrawal of labour codes

Trade unions to go on strike in Feb, demand withdrawal of labour codes

Rediff.com9 Dec 2025

Trade unions have decided to launch a phased, consistent struggle to press for the withdrawal of the labour codes and go on a countrywide general strike in February next year, a statement said on Tuesday. The date of the strike will be announced on 22nd December 2025 in the next meeting of the joint forum of central trade unions, a statement said.

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

Rediff.com20 Dec 2025

'It will increase the contribution to gratuity, which is something the employer has to give.'

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

Is Renaming Govt Schemes A Solution?

Is Renaming Govt Schemes A Solution?

Rediff.com20 Dec 2025

This has been our history of good governance: Things that were difficult to do and required planning and implementation were first taken up and then abandoned, notes Aaakr Patel.

Udhayanidhi draws flak for calling Sanskrit 'dead language'

Udhayanidhi draws flak for calling Sanskrit 'dead language'

Rediff.com21 Nov 2025

Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin on Friday called Sanskrit 'a dead language', drawing a sharp response from the Bharatiya Janata Party, which said leaders must be more responsible while making remarks.

Baghel's son got Rs 250 cr in liquor 'scam': Chargesheet

Baghel's son got Rs 250 cr in liquor 'scam': Chargesheet

Rediff.com22 Dec 2025

The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Rediff.com16 Dec 2025

A bill to repeal the MGNREGA and introduce a new rural employment law, the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), has been circulated among Lok Sabha members.

How To Buy Gold Wisely In 2026

How To Buy Gold Wisely In 2026

Rediff.com15 Dec 2025

From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

Microsoft to invest $17.5 billion for India's AI-first future: Nadella

Microsoft to invest $17.5 billion for India's AI-first future: Nadella

Rediff.com9 Dec 2025

Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country's AI-first future, marking the third major AI-driven investment in the country in the past two months. Microsoft said that the $17.5 billion (around Rs 1.58 lakh crore) investment builds on the $3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.

New Rural Jobs Bill Sparks International Concern

New Rural Jobs Bill Sparks International Concern

Rediff.com20 Dec 2025

'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'

'We Got Exactly The Right Casting This Film Wanted'

'We Got Exactly The Right Casting This Film Wanted'

Rediff.com16 Dec 2025

Writer and director Anusha Rizvi returns to cinema after 15 years with warmth, wit and many a laughs.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Frankenstein: Aesthetically Pleasing, Visually Lush, Morally Unequivocal

Frankenstein: Aesthetically Pleasing, Visually Lush, Morally Unequivocal

Rediff.com18 Dec 2025

Guillermo del Toro restores and amplifies the morality tale Shelley had meant her book to be. His message is kindness and forgiveness are the greatest virtues and arrogant ego meets its own just end, notes Shreekant Sambrani.