News for 'finance-department'

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

Rediff.com7 hours ago

The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.

Ajit Pawar hailed as 'best CM never had' as Maha leaders unite in tribute

Ajit Pawar hailed as 'best CM never had' as Maha leaders unite in tribute

Rediff.com1 hour ago

Maharashtra's political leaders, led by Chief Minister Devendra Fadnavis, paid tribute to the late Deputy CM Ajit Pawar during the state legislature's budget session, remembering him as a capable leader and administrator.

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com7 Jan 2026

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

'We Want To Boost Religious Tourism'

'We Want To Boost Religious Tourism'

Rediff.com17 Oct 2025

Rajasthan's finance department has approved about Rs 23 crore for the renovation, beautification and development of religious tourist destinations.

'Pronouncements On Paper Don't Feed Babies'

'Pronouncements On Paper Don't Feed Babies'

Rediff.com28 Nov 2025

'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'

Local body polls soon? Maha cabinet takes 21 decisions in single day

Local body polls soon? Maha cabinet takes 21 decisions in single day

Rediff.com4 Nov 2025

A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Rediff.com17 Oct 2025

Cyber fraudsters have duped Delhi residents of nearly Rs 1,000 crore so far this year, with investment scams, digital arrests and boss scams emerging as the most common cybercrimes.

Ajit Pawar admits to mistakes in Ladki Bahin payout

Ajit Pawar admits to mistakes in Ladki Bahin payout

Rediff.com2 Jun 2025

Maharashtra Deputy CM Ajit Pawar on Monday admitted to 'mistakes' in distributing financial assistance to all women applicants of the Ladki Bahin scheme launched last year, which he said would be rectified through scrutiny to ensure only genuine beneficiaries receive the aid.

Puri: 3 killed in stampede during Rath Yatra ceremony

Puri: 3 killed in stampede during Rath Yatra ceremony

Rediff.com29 Jun 2025

The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri district collector Siddharth S Swain said.

Ladki Bahin aide cannot be raised to Rs 2,100: Maha min

Ladki Bahin aide cannot be raised to Rs 2,100: Maha min

Rediff.com6 May 2025

The Maharashtra government, led by a coalition of the BJP and Shiv Sena, has admitted that it cannot increase the monthly financial aid under the Ladki Bahin Yojana to Rs 2,100, as promised during the 2024 assembly polls. The government cites severe financial stress as the reason. Social Justice Minister Sanjay Shirsat, a Shiv Sena leader, has said that the scheme will continue with the existing amount of Rs 1,500, but the increase is not feasible at this time. The minister also accused the Finance Department, led by Ajit Pawar, of diverting funds from his department without his knowledge. He called for a law to ensure that the social justice and tribal affairs departments receive their allocated funds. The statement comes as an embarrassment for the Mahayuti government, which had heavily campaigned on the promise of increasing the Ladki Bahin Yojana aid.

Schools shut, leaves cancelled, blackout in many states as tensions soar

Schools shut, leaves cancelled, blackout in many states as tensions soar

Rediff.com8 May 2025

Several Indian states bordering Pakistan have implemented stringent security measures, including school closures, blackouts, and cancellation of leave for police and administrative personnel, in response to escalating tensions between India and Pakistan. These measures were taken after India conducted airstrikes on terror infrastructure in Pakistan in retaliation for the April 22 Pahalgam massacre. Punjab, Haryana, Rajasthan, Gujarat, and West Bengal have all implemented these precautionary measures.

Waqf Bill vote: BJD leaders seeks action own MP

Waqf Bill vote: BJD leaders seeks action own MP

Rediff.com5 Apr 2025

Senior leaders of the Biju Janata Dal (BJD) in India are calling for action against Rajya Sabha MP and national spokesperson Sasmit Patra for allegedly creating confusion among lawmakers regarding the Waqf (Amendment) Bill. The controversy arose after Patra, despite the party's announced opposition to the Bill, revealed he had voted in favor of it and stated that MPs could vote according to their conscience. The situation has led to accusations of a possible "deal" between the BJD and the Bharatiya Janata Party (BJP).

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

80 more flights get bomb threats, Rs 600 crore lost

80 more flights get bomb threats, Rs 600 crore lost

Rediff.com22 Oct 2024

Nearly 80 domestic and international flights received bomb threats in less than 24 hours that later turned out to be hoaxes, keeping thousands of passengers and security agencies on tenterhooks.

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Rediff.com30 Sep 2024

Union minister Nitin Gadkari has said the Maharashtra government's Ladki Bahin scheme, introduced to provide financial assistance to women, could affect the timely payment of subsidies in other sectors.

England's Pakistan tour hanging in balance

England's Pakistan tour hanging in balance

Rediff.com13 Sep 2024

'The Chairman has made it clear that relocating the series would damage the image of the PCB, and Rawalpindi and Multan should be used as the venues for the three-match series.'

What's Holding Up Candidate Lists In Maharashtra?

What's Holding Up Candidate Lists In Maharashtra?

Rediff.com22 Oct 2024

The strains are telling as old friends and new enemies face each other in the battlefield.

Pakistan gets $70 million for hosting Champions Trophy

Pakistan gets $70 million for hosting Champions Trophy

Rediff.com1 Aug 2024

The ICC has approved a budget of approximately USD 70 million for holding the Champions Trophy in Pakistan early next year.

Want To Open PPF Account For Your Child?

Want To Open PPF Account For Your Child?

Rediff.com10 Sep 2024

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Centre gives more powers to JK L-G; Oppn slams move

Centre gives more powers to JK L-G; Oppn slams move

Rediff.com13 Jul 2024

The L-G will take decisions on police, officers of all-India services such as the IAS and the IPS, and giving sanction for prosecution in various cases.

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Rajasthan CM Confronts Dire Financial Crunch

Rajasthan CM Confronts Dire Financial Crunch

Rediff.com28 Dec 2023

Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.

Delhi minister loses portfolio after LG recalls files

Delhi minister loses portfolio after LG recalls files

Rediff.com9 Dec 2023

Kailash Gahlot was divested of the Law and Justice portfolio in the Aam Aadmi Party government on Friday, a day after Lieutenant Governor V K Saxena recalled files related to judicial infrastructure and administration in New Delhi as they remained pending with him for months, officials said.

Delhi govt reshuffle: Atishi gets finance, revenue; now holds 12 portfolios

Delhi govt reshuffle: Atishi gets finance, revenue; now holds 12 portfolios

Rediff.com30 Jun 2023

Atishi along with Saurabh Bharadwaj was inducted into the cabinet following the resignation of Manish Sisodia and Satyendar Jain after their arrest.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

SC directs quick release of 2 UP officials held on HC orders in contempt case

SC directs quick release of 2 UP officials held on HC orders in contempt case

Rediff.com20 Apr 2023

The matter was mentioned for urgent hearing before a bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha, which took it up on board.

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

Rediff.com29 May 2023

Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.

Provide Aadhaar cards to displaced people, SC directs UIDAI, Manipur govt

Provide Aadhaar cards to displaced people, SC directs UIDAI, Manipur govt

Rediff.com25 Sep 2023

Observing that it does not propose to run the administration in Manipur, the apex court said necessary verifications shall be carried out before issuing the Aadhaar cards expeditiously.

Ajit Pawar alleges Rs 500 cr scam in I&B when Fadnavis was CM in 2019

Ajit Pawar alleges Rs 500 cr scam in I&B when Fadnavis was CM in 2019

Rediff.com9 Mar 2023

Leader of Opposition in the Maharashtra legislative assembly Ajit Pawar on Thursday alleged that a scam of Rs 500 crore took place in the state information and publicity department during the tenure of the government led by Devendra Fadnavis.

Ahead of June 1 cabinet, Sidda meets officials on implementing poll guarantees

Ahead of June 1 cabinet, Sidda meets officials on implementing poll guarantees

Rediff.com29 May 2023

The chief minister on Monday held consultations with senior officials of finance, transport, food and civil supplies, energy and other departments and asked them to prepare a report on the implementation of the guarantees.

Next round of G20 meetings in Gujarat from March 27

Next round of G20 meetings in Gujarat from March 27

Rediff.com22 Mar 2023

Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.

Renovation of Kejriwal's residence cost Rs 52 crore: Report to LG

Renovation of Kejriwal's residence cost Rs 52 crore: Report to LG

Rediff.com25 May 2023

The cost of Rs 52.71 crore included Rs 33.49 crore spent on the construction of the house and Rs 19.22 crore on a camp office for the chief minister, the report said, citing records of the Public Works Department (PWD).

Scamsters dupe SII of over Rs 1cr posing as Adar Poonawala

Scamsters dupe SII of over Rs 1cr posing as Adar Poonawala

Rediff.com11 Sep 2022

An FIR was launched against some unidentified persons for cheating the SII for more than Rs 1 crore, said the officials on Sunday.

CBI searches home of Satya Pal Malik's ex-aide, others in insurance scam

CBI searches home of Satya Pal Malik's ex-aide, others in insurance scam

Rediff.com17 May 2023

The Central Bureau of Investigation on Wednesday conducted searches at the premises of Sunak Bali, who was an aide of Satya Pal Malik when he was the governor of Jammu and Kashmir, and 11 other locations in Delhi and Rajasthan in the alleged insurance scam case, officials said.

CBI grills Satya Pal Malik for 5 hrs over his claim in bribery cases

CBI grills Satya Pal Malik for 5 hrs over his claim in bribery cases

Rediff.com28 Apr 2023

A Central Bureau of Investigation team on Friday arrived at the Som Vihar residence of former Jammu and Kashmir governor Satya Pal Malik in connection with its probe in the alleged insurance "scam" in the Union territory which came to light after his statement that he was offered bribes to clear related files, officials said.

Stalin sacks PTR as finance minister, gives him IT and digital services

Stalin sacks PTR as finance minister, gives him IT and digital services

Rediff.com11 May 2023

Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.

Five guarantees: Karnataka cabinet to decide on June 2

Five guarantees: Karnataka cabinet to decide on June 2

Rediff.com31 May 2023

Asserting that his government will implement the five poll 'guarantees' promised ahead of the assembly polls, Karnataka Chief Minister Siddaramaiah on Wednesday said officials have shared their inputs on financial implications, and the cabinet will meet on June 2 to decide on the implementation.

CBI calls J-K ex-governor Satya Pal Malik for questioning in insurance 'scam'

CBI calls J-K ex-governor Satya Pal Malik for questioning in insurance 'scam'

Rediff.com22 Apr 2023

The Central Bureau of Investigation has asked former Jammu and Kashmir governor Satya Pal Malik to answer certain queries in connection with an alleged insurance scam in the Union Territory, officials said on Friday.

The Importance Of Being Siddaramaiah

The Importance Of Being Siddaramaiah

Rediff.com19 May 2023

Siddaramaiah, who hails from the shepherd Kuruba caste, holds the record for presenting the highest number of Budgets in Karnataka -- 13 so far. He has often spoken about how he was mocked in 1994 before he presented his first Budget. 'Some people asked, "Can he count sheep?",' Siddaramaiah told a regional news channel.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.