News for 'central funds'

Baghel's son Chaitanya 'handled' Rs 1,000 cr in liquor scam: ED

Baghel's son Chaitanya 'handled' Rs 1,000 cr in liquor scam: ED

Rediff.com21 Jul 2025

The Enforcement Directorate (ED) has alleged that Chaitanya Baghel, son of former Chhattisgarh chief minister Bhupesh Baghel, handled over Rs 1,000 crore worth of proceeds from a liquor scam and used Rs 16.7 crore for his real estate project.

Court debunks Abhinav Bharat's role in Malegaon blast case

Court debunks Abhinav Bharat's role in Malegaon blast case

Rediff.com2 Aug 2025

A special court acquitted seven individuals in the 2008 Malegaon blast case, challenging the prosecution's assertion that the right-wing group Abhinav Bharat was responsible. The court emphasized that the organization remains unbanned by the government.

FBI Praises CBI Rs 350 Cr Racket Bust

FBI Praises CBI Rs 350 Cr Racket Bust

Rediff.com28 Aug 2025

'Big Week For #USIndia Law Enforcement Collaboration'

US Farm Distress Real Reason For Trump's Tariff Tantrums

US Farm Distress Real Reason For Trump's Tariff Tantrums

Rediff.com16 Sep 2025

'What the US appears to be doing is to force India to be "the buyer of last resort", on whom their products can be dumped, 1.4 billion people have to eat something, so why not eat American corn?' 'What is exercising the Trump lot is the fact that most of the farms are in solidly Republican Midwestern states: Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin,' points out Rajeev Srinivasan.

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.

Parliament passes National Sports Bill after extensive discussion

Parliament passes National Sports Bill after extensive discussion

Rediff.com12 Aug 2025

The National Sports Governance Bill was on Tuesday passed by the Parliament with Rajya Sabha giving its nod a mere 24 hours after Lok Sabha.

Delhi govt seeks more central funds for CWG

Delhi govt seeks more central funds for CWG

Rediff.com12 Oct 2009

Racing against time to complete all the projects linked to next year's Commonwealth Games, the Delhi government has sought additional funds from the Centre to expedite work related to the mega sporting event.

SC rejects plea to stop central funds for Kashmiri separatists

SC rejects plea to stop central funds for Kashmiri separatists

Rediff.com14 Sep 2016

The court also castigated the lawyer, who had moved the PIL, for calling Hurriyat Conference leaders "separatists" saying it was a matter of perception.

'Money Is Not A Problem For Me'

'Money Is Not A Problem For Me'

Rediff.com10 Sep 2025

'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

Rediff.com21 Aug 2025

Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.

Rs 1000 cr Central fund for Mumbai

Rs 1000 cr Central fund for Mumbai

Rediff.com23 Mar 2005

Rs 1000 cr has been allotted for Mumbai from National Urban Renewal Mission funds for which an allocation has been made in the Union Budget.

India contributes more to global growth than US: RBI guv

India contributes more to global growth than US: RBI guv

Rediff.com6 Aug 2025

"We are contributing about 18 per cent, which is more than the US where the contribution is expected to be much less -- about 11 per cent or something. We are doing very well and we will continue to improve further," RBI governor Sanjay Malhotra said, replying to a question on Trump's recent comments.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Record Rs 474 Cr Insurance Cover For Ganesh Mandal

Record Rs 474 Cr Insurance Cover For Ganesh Mandal

Rediff.com19 Aug 2025

Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.

Pather Panchali@70: Beautiful, Broken People

Pather Panchali@70: Beautiful, Broken People

Rediff.com4 Sep 2025

Seventy years after Pather Panchali released on August 26, 1955, we finally get it. Shuttling between the village of Boral and a studio in Calcutta, caught between worrying about the next purse of funds and wondering which item to mortgage next, Satyajit Ray was explaining Indians to themselves, discovers Sreehari Nair.

I-T Bill Restores Tax Benefits For Religious Trusts

I-T Bill Restores Tax Benefits For Religious Trusts

Rediff.com12 Aug 2025

'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'

Ex-CM Bhupesh Baghel's son held in liquor scam case

Ex-CM Bhupesh Baghel's son held in liquor scam case

Rediff.com19 Jul 2025

The sources said that Chaitnaya Baghel was arrested under section 19 of the anti-money laundering as he was allegedly not cooperating during the searches that came about following receipt of fresh evidence in the case.

Key changes in the new Income Tax Bill

Key changes in the new Income Tax Bill

Rediff.com11 Aug 2025

The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all religious-cum-charitable trusts, as in the existing tax laws. The original Income Tax Bill, which was brought in Parliament in February, had done away with this exemption and the ITR filing flexibility for claiming TDS refunds.

Gandhi Called Him 'Father Of The Nation'

Gandhi Called Him 'Father Of The Nation'

Rediff.com5 Sep 2025

On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.

'Steeped in fanaticism, serial borrower': India shreds Pak at UN

'Steeped in fanaticism, serial borrower': India shreds Pak at UN

Rediff.com23 Jul 2025

India's Permanent Representative to the UN Ambassador Parvathaneni Harish said that the Indian sub-continent offers a "stark contrast" in terms of progress, prosperity and development models.

India deserve big share in ICC revenue, says Shastri

India deserve big share in ICC revenue, says Shastri

Rediff.com21 Jun 2025

Ravi Shastri claimed India's dominant contribution to global cricket revenue makes the share fair.

How new law will counter age fraud in Indian sports

How new law will counter age fraud in Indian sports

Rediff.com8 Aug 2025

The draft National Code Against Age Fraud in Sports (NCAAFS) 2025, which mandates penal action against violators and calls for AI-based bone assessments to accurately determine an athlete's age, is set to become a policy soon with the sports ministry planning to send it for cabinet approval next week.

RBI extends trading hours of call money, repo, tri-party repo markets

RBI extends trading hours of call money, repo, tri-party repo markets

Rediff.com26 Jun 2025

The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.

Taxpayers Stuck In Bureaucratic Nightmare

Taxpayers Stuck In Bureaucratic Nightmare

Rediff.com24 Jul 2025

The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.

Kangana Visits Rain-Ravaged Mandi

Kangana Visits Rain-Ravaged Mandi

Rediff.com7 Jul 2025

Cloudbursts, flash floods and landslides have caused massive destruction in the area. More than 150 houses, 106 cattle sheds, 31 vehicles, 14 bridges, and several roads have suffered damage in the disaster.

Indian economy remains key driver of global growth: RBI report

Indian economy remains key driver of global growth: RBI report

Rediff.com30 Jun 2025

Indian economy remains a key driver of global growth on the back of sound macroeconomic fundamentals and prudent policies, the Reserve Bank said on Monday. In its bi-annual Financial Stability Report (FSR), the central bank also said elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system.

Trump admin freezes $50 mn fund for condoms in Gaza

Trump admin freezes $50 mn fund for condoms in Gaza

Rediff.com29 Jan 2025

DOGE Leader Elon Musk said, "My guess is that a lot of that money ended up in the pockets Hamas, not actually condoms.

ETF Investing in Q2 FY26: What Investors Must Know?

ETF Investing in Q2 FY26: What Investors Must Know?

Rediff.com17 Jun 2025

Exchange Traded Funds (ETFs) have stepped into the spotlight this quarter. With evolving market conditions and shifting investor sentiment, ETFs offer a timely solution for accessing growth with liquidity and efficiency. In this article, we break down the most important ETF trends, performance drivers, and what to watch in the months ahead.

Renowned British Indian economist Lord Meghnad Desai dies at 85

Renowned British Indian economist Lord Meghnad Desai dies at 85

Rediff.com30 Jul 2025

Lord Meghnad Desai, renowned British Indian economist and House of Lords peer, has died at the age of 85. Tributes pour in from political figures and colleagues.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

The Train Action That Inspired Bhagat Singh

The Train Action That Inspired Bhagat Singh

Rediff.com11 Aug 2025

One hundred years ago, a group of 10 revolutionaries carried out an operation that shook the British Empire. Utkarsh Mishra revisits the 'Kakori Conspiracy Case', a turning point in the armed struggle for independence.

ED quizzes Robert Vadra for 5 hrs in Sanjay Bhandari case

ED quizzes Robert Vadra for 5 hrs in Sanjay Bhandari case

Rediff.com14 Jul 2025

Robert Vadra, husband of Priyanka Gandhi Vadra, appeared before the Enforcement Directorate for questioning in connection with the Sanjay Bhandari money laundering case.

Make RCB stampede report public: Karnataka HC tells state govt

Make RCB stampede report public: Karnataka HC tells state govt

Rediff.com16 Jul 2025

The Karnataka High Court has ordered the state government to publicly disclose its status report on the stampede outside M Chinnaswamy Stadium in Bengaluru on June 4.

Bulldozer is on standby: Yogi's warning in Jharkhand

Bulldozer is on standby: Yogi's warning in Jharkhand

Rediff.com18 Nov 2024

Adityanath alleged that illegal mining, including rampant extraction of sand, coal and forest resources, was flourishing under the protection of the ruling coalition, leaving Jharkhand hollowed out by mafia activities.

After FIR, Himachal minister calls NHAI officials 'most corrupt'

After FIR, Himachal minister calls NHAI officials 'most corrupt'

Rediff.com2 Jul 2025

Singh said that about 150 people including women and forest, revenue and other officials were present at the time of the incident, and if the officials were assaulted, "why are there no eyewitnesses".

'National Sports Bill will usher in new era for sports in India'

'National Sports Bill will usher in new era for sports in India'

Rediff.com19 Jul 2025

Parliamentary Affairs Minister Kiren Rijiju feels that the National Sports Governance Bill, which is set to be tabled in the monsoon session beginning on Monday, will usher in a 'new era' for sports in India.

What Husain Painting's Record Sale Will Fund

What Husain Painting's Record Sale Will Fund

Rediff.com21 Mar 2025

Proceeds from the sale will support the training of future generations of doctors at the Oslo University Hospital. The fascinating story behind the Husain painting which set a new record for modern Indian art.

MHA gets Rs 2.33 lakh crore, bulk of funds for security

MHA gets Rs 2.33 lakh crore, bulk of funds for security

Rediff.com1 Feb 2025

The Union Budget 2025-26 on Saturday allocated Rs 2,33,210.68 crore to the Ministry of Home Affairs with the majority of the fund -- Rs 1,60,391.06 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF) and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding and security of vital installations.

CRPF personnel arrested for spying for Pakistan

CRPF personnel arrested for spying for Pakistan

Rediff.com26 May 2025

The National Investigation Agency (NIA) has arrested a CRPF personnel, Moti Ram Jat, for allegedly spying for Pakistan. Jat, an assistant sub inspector, was actively involved in espionage activity and had been sharing classified information related to national security with Pakistan intelligence officers (PIOs) since 2023. He was receiving funds from the PIOs through various conduits and was dismissed from the CRPF service on May 21, 2025. Jat was produced before a special court and remanded to NIA custody till June 6.