News for 'disproportionate assets'

CBI closes disproportionate assets case against Sonia's aide

CBI closes disproportionate assets case against Sonia's aide

Rediff.com7 Jun 2013

The Central Bureau of Investigation has closed the case of disproportionate assets against Congress President Sonia Gandhi's aide and former personal secretary Vincent George as it could not get enough evidence.

Dy K'taka CM being probed in disproportionate assets case

Dy K'taka CM being probed in disproportionate assets case

Rediff.com26 Dec 2012

The Karnataka Lokayukta seized 19 kilograms of gold, silver and cash from K S Eshwarappa's house, reports Vicky Nanjappa

Rajasthan Police Move to Seize Assets Linked to Online Betting Ring

Rajasthan Police Move to Seize Assets Linked to Online Betting Ring

Rediff.com16 Mar 2026

Rajasthan Police have initiated proceedings to attach properties worth approximately Rs 35 crore linked to an online betting racket in Karauli district, as part of 'Operation Shikanja'.

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

Rediff.com2 days ago

The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com6 Mar 2026

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

Mulayam Singh Yadav's Son Prateek Dies At 38

Mulayam Singh Yadav's Son Prateek Dies At 38

Rediff.com13 May 2026

Prateek Yadav, the younger son of Samajwadi Party founder Mulayam Singh Yadav, has died at the age of 38 due to cardiac-lung complications. The news has prompted condolences from across the political spectrum in Uttar Pradesh.

CBI books IAS officer in disproportionate assets case

CBI books IAS officer in disproportionate assets case

Rediff.com26 Nov 2011

The Central Bureau of Investigation has registered a case against Dhanalakshmi Gowda, an Indian Administrative Service officer (2000 Uttar Pradesh batch), presently working as director in the Ministry of Social Justice and Empowerment, for allegedly amassing assets disproportionate to her known sources of income.

Opposition demands CBI investigation into alleged Jharkhand liquor scam

Opposition demands CBI investigation into alleged Jharkhand liquor scam

Rediff.com31 Mar 2026

The leader of the opposition in the Jharkhand Assembly has urged the Governor to direct the Anti-Corruption Bureau to file a charge sheet in connection with the alleged liquor scam and requested a CBI probe.

Why India Needs A Cultural Shift To Become A Sporting Superpower

Why India Needs A Cultural Shift To Become A Sporting Superpower

Rediff.com20 May 2026

An analysis of the disparities in India's sporting culture, highlighting the challenges faced by non-cricket athletes and the systemic changes needed for India to become a true sporting superpower.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com25 Mar 2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

'Modi's Concerned About India's Economic Vulnerabilities'

'Modi's Concerned About India's Economic Vulnerabilities'

Rediff.com14 May 2026

'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'

Rural India's Land Inequality: Top 10% Own 44% of Land

Rural India's Land Inequality: Top 10% Own 44% of Land

Rediff.com7 Apr 2026

A World Inequality Lab paper reveals significant land inequality in rural India, with the top 10% of households owning 44% of the land, while 46% are landless. The study highlights the impact of historical institutions, social stratification, and agro-ecological conditions on land distribution.

Sasikala announces new party ahead of Tamil Nadu polls

Sasikala announces new party ahead of Tamil Nadu polls

Rediff.com24 Feb 2026

V K Sasikala, a close aide of the late J Jayalalithaa, has announced the launch of a new political party in Tamil Nadu, potentially leading to a four-way contest in the upcoming state Assembly elections.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

ED raids TN minister, son in money laundering case; DMK slams BJP

ED raids TN minister, son in money laundering case; DMK slams BJP

Rediff.com16 Aug 2025

The Enforcement Directorate (ED) conducted searches at multiple locations connected to Tamil Nadu Minister I Periyasamy and his son as part of a money laundering investigation. The probe stems from a Madras High Court order regarding a disproportionate assets case.

Muslim names in LD lists exceed population share in 4 Kolkata seats: Study

Muslim names in LD lists exceed population share in 4 Kolkata seats: Study

Rediff.com12 Feb 2026

A new study alleges that Muslim voters are disproportionately represented in Logical Discrepancy (LD) lists during Kolkata's voter roll revision, raising concerns about potential bias in the electoral process.

ED chargesheets RG Kar ex-principal in medical college irregularities

ED chargesheets RG Kar ex-principal in medical college irregularities

Rediff.com7 Feb 2026

The Enforcement Directorate (ED) has filed a chargesheet in connection with alleged financial irregularities at the R G Kar Medical College and Hospital, naming former principal Sandip Ghosh and others as accused.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

ED attaches Himachal CM's Rs 27 cr farmhouse in disproportionate assets case

ED attaches Himachal CM's Rs 27 cr farmhouse in disproportionate assets case

Rediff.com3 Apr 2017

The agency has issued a provisional order attaching the farmhouse located in south Delhi's Mehrauli area under the provisions of the Prevention of Money Laundering Act. It said the book value of the asset is Rs 6.61 crore but its market value is "worth Rs 27 crore and is in the name of Maple Destinations & Dreambuild".

SC rejects niece's plea for return of Jayalalithaa's assets

SC rejects niece's plea for return of Jayalalithaa's assets

Rediff.com14 Feb 2025

The Supreme Court of India has dismissed a plea filed by the legal heir of former Tamil Nadu chief minister J Jayalalithaa seeking the return of properties confiscated in a corruption case against her. The court stated that the abatement of proceedings due to her death did not mean she was acquitted of the crime. The court upheld the confiscation of her properties, including her iconic residence, Veda Nilayam, land parcels, estates, bank deposits, and other assets, which will be transferred to the Tamil Nadu government.

Mumbai encounter specialist cop Daya Nayak promoted to ACP rank

Mumbai encounter specialist cop Daya Nayak promoted to ACP rank

Rediff.com29 Jul 2025

Senior police inspector Daya Nayak, once known as an 'encounter specialist', was promoted to the rank of Assistant Commissioner of Police. Other senior inspectors were also promoted.

SAD leader Majithia moves HC against assets case, calls it vendetta

SAD leader Majithia moves HC against assets case, calls it vendetta

Rediff.com2 Jul 2025

The bureau had on June 25 registered an FIR and arrested Majithia in the case allegedly involving laundering of Rs 540 crore of "drug money".

Akali leader Bikram Majithia arrested in DA case

Akali leader Bikram Majithia arrested in DA case

Rediff.com25 Jun 2025

Majithia and his wife claimed that members of the Vigilance Bureau barged into their house in Green Avenue in Amritsar. They claimed that a similar raid was conducted at their residence in Chandigarh.

New Insurance Amendment Bill: Intermediaries with high commissions may see payouts drop

New Insurance Amendment Bill: Intermediaries with high commissions may see payouts drop

Rediff.com29 Dec 2025

Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.

Before You Invest in 2026, Read This

Before You Invest in 2026, Read This

Rediff.com13 Jan 2026

'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'

Yearend: Time To Reassess YOUR Portfolio

Yearend: Time To Reassess YOUR Portfolio

Rediff.com29 Dec 2025

This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.

US lawmakers seek visa ban on Pakistani officials

US lawmakers seek visa ban on Pakistani officials

Rediff.com4 Dec 2025

Forty-two members of the United States Congress, led by Democratic Congresswoman Pramila Jayapal and Congressman Greg Casar, have written to Secretary of State Marco Rubio demanding immediate sanctions against senior Pakistani officials for what they termed an 'escalating campaign of transnational repression and worsening human rights crisis in Pakistan' under the military-backed government of Pakistan's Prime Minister Shehbaz Sharif and Chief of Army Staff General Asim Munir.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

What Experienced Traders Know About MTF That Beginners Don't!

What Experienced Traders Know About MTF That Beginners Don't!

Rediff.com20 Jan 2026

All trading platforms provide MTF (Margin Trading Facility). MTF is utilised to buy more security with less capital and to enter bigger trades with less funds. Experienced traders use it as a tool. However, many beginners are unaware of many things related to MTF, which we will discuss today.

Weaker Rupee: Plan Overseas Goals

Weaker Rupee: Plan Overseas Goals

Rediff.com26 Dec 2025

Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.

AAP suspends Punjab MLA from party for criticising Majithia raid

AAP suspends Punjab MLA from party for criticising Majithia raid

Rediff.com29 Jun 2025

Singh's suspension came days after he questioned the manner in which a vigilance bureau team raided the residence of Shiromani Akali Dal leader Bikram Singh Majithia in Amritsar in a disproportionate assets case.

Want To Invest In US Markets? Read This

Want To Invest In US Markets? Read This

Rediff.com24 Nov 2025

New investors or those with lower-than-planned exposure should add US-oriented funds through SIPs.

TN minister Ponmudy convicted in assets case as HC sets aside acquittal

TN minister Ponmudy convicted in assets case as HC sets aside acquittal

Rediff.com19 Dec 2023

The judge set aside the order of the principal district judge, Villupuram, acquitting Ponmudy and his wife in the case.

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

Rediff.com17 Oct 2025

'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'

LS speaker forms panel to probe Justice Varma in cash row

LS speaker forms panel to probe Justice Varma in cash row

Rediff.com12 Aug 2025

Lok Sabha Speaker Om Birla admitted a notice for the removal of High Court judge Justice Yashwant Varma and constituted a three-member committee to probe charges against him.

Assets case: CBI grills Jagan again

Assets case: CBI grills Jagan again

Rediff.com9 Jun 2012

A day after the Andhra Pradesh high court granted the Central Bureau of Investigation two-day custody of YSR Congress chief YS Jaganmohan Reddy, the agency on Saturday questioned him again in connection with the disproportionate assets case.