News for 'financial issues'

West Bengal Approves Prosecution Of Former Medical College Principal

West Bengal Approves Prosecution Of Former Medical College Principal

Rediff.com19 May 2026

The West Bengal government has sanctioned the prosecution of Sandip Ghosh, former principal of RG Kar Medical College and Hospital, in connection with a case of financial irregularities.

RBI's forex gains jump 52% in FY26, balance sheet swells

RBI's forex gains jump 52% in FY26, balance sheet swells

Rediff.com4 days ago

The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.

One Tigress Cub Captured After Fatal Attacks In Chandrapur

One Tigress Cub Captured After Fatal Attacks In Chandrapur

Rediff.com7 days ago

Forest personnel in Maharashtra have captured a cub of tigress T2, which killed four women in Chandrapur district. Efforts are underway to trap her three other cubs.

Hai Jawani Toh Ishq Hona Hai Team Rejects Bhagnani's Smear Campaign Claims

Hai Jawani Toh Ishq Hona Hai Team Rejects Bhagnani's Smear Campaign Claims

Rediff.com6 days ago

The makers of Hai Jawani Toh Ishq Hona Hai, including producer Ramesh Taurani and Tips, have vehemently denied producer Vashu Bhagnani's allegations regarding song ownership, calling them a "smear campaign" ahead of the film's release.

How Gujarat Police Cracked Down On Cyber Fraud

How Gujarat Police Cracked Down On Cyber Fraud

Rediff.com2 days ago

Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.

Delhi Gymkhana seeks alternate land amid takeover row

Delhi Gymkhana seeks alternate land amid takeover row

Rediff.com26 May 2026

Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com2 days ago

Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com1 days ago

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Delhi CM vows action against illegal buildings after Saket tragedy

Delhi CM vows action against illegal buildings after Saket tragedy

Rediff.com2 days ago

Following a building collapse in Delhi's Saket area that resulted in six fatalities, Chief Minister Rekha Gupta has pledged stringent measures against unauthorised constructions and the officials responsible. She has ordered surveys of unsafe buildings and assured support for the affected families.

Kerala CM Slams Attack On ED Officials After Raid

Kerala CM Slams Attack On ED Officials After Raid

Rediff.com4 days ago

Kerala Chief Minister Pinarayi Vijayan has condemned the attack on Enforcement Directorate (ED) officials following a search at his rented residence, calling it a serious offence. He also defended the ED's investigation into financial dealings involving his daughter's firm.

Debt-Ridden Man Stages Death To Claim Insurance Money

Debt-Ridden Man Stages Death To Claim Insurance Money

Rediff.com1 days ago

A debt-ridden man in Jalna allegedly staged his own death to escape financial liabilities and claim an insurance benefit of Rs 20 lakh by masterminding the killing of his acquaintance, whose body was found inside a gutted car.

RBI Reassures on HDFC Bank's Financial Health Following Chairman's Exit

RBI Reassures on HDFC Bank's Financial Health Following Chairman's Exit

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.

Better execution can push up HAL stock to higher altitude

Better execution can push up HAL stock to higher altitude

Rediff.com7 days ago

Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Rediff.com3 days ago

Following the deaths of 15-18 people in Pune and Pimpri Chinchwad due to spurious liquor, the Maharashtra government has suspended 22 police and excise department personnel for failing to act against the illegal liquor trade. Financial assistance has been announced for the victims' families, and a statewide crackdown on illicit liquor is underway.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com7 days ago

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com21 hours ago

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

NEET paper leak: Accused remanded in judicial custody till June 6

NEET paper leak: Accused remanded in judicial custody till June 6

Rediff.com24 May 2026

A Delhi court has remanded an accused in the NEET paper leak case to judicial custody until June 6, as the CBI continues its investigation into the alleged irregularities in the medical entrance exam.

Audit Flags Irregularities At Delhi Medical Council

Audit Flags Irregularities At Delhi Medical Council

Rediff.com15 May 2026

The Delhi government's Health Department has received an audit report highlighting alleged financial and administrative irregularities within the Delhi Medical Council (DMC) between 2019 and 2025.

Why an Andhra Pradesh Police Officer Took His Own Life

Why an Andhra Pradesh Police Officer Took His Own Life

Rediff.com18 Mar 2026

An Assistant Sub-Inspector (ASI) from Patamata Police Station in Andhra Pradesh died by suicide, reportedly due to financial issues and family problems. The officer was also suffering from blood cancer.

IIMT University Forms Inquiry Panel, Suspends Officials After Student Death

IIMT University Forms Inquiry Panel, Suspends Officials After Student Death

Rediff.com22 May 2026

IIMT University in Meerut has formed an inquiry committee and suspended hostel officials following the death of an MBA student, Anu Gupta, who was found dead in the girls' hostel. The university is also considering financial assistance for the family and reviewing student fees.

Pune Businessman Found Dead In Suspected Suicide

Pune Businessman Found Dead In Suspected Suicide

Rediff.com12 May 2026

A 61-year-old businessman, Ashok Jain, was found dead in a Pune hotel room, with police suspecting suicide due to financial and personal issues.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com6 Apr 2026

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

Kerala High Court Adjourns CMRL Appeal In ED Case

Kerala High Court Adjourns CMRL Appeal In ED Case

Rediff.com1 days ago

The Kerala High Court has admitted an appeal by CMRL against a single-judge verdict allowing the ED to continue its money laundering investigation into the company's dealings with Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan.

8 arrested after attack on ED team raiding Pinarayi Vijayan's house

8 arrested after attack on ED team raiding Pinarayi Vijayan's house

Rediff.com6 days ago

Kerala Police have arrested eight people in connection with the violent attack on Enforcement Directorate officials who raided the residence of former Chief Minister Pinarayi Vijayan. The investigation is ongoing, and more individuals involved in the violence have been identified.

Why Mohun Bagan Is Refusing To Release Players For Unity Cup

Why Mohun Bagan Is Refusing To Release Players For Unity Cup

Rediff.com23 May 2026

Mohun Bagan Super Giant has withdrawn its players from the Indian national team camp for the Unity Cup in London, citing concerns over injuries and lack of compensation from the AIFF outside the FIFA international window.

Why Is ED Investigating Illegal Sand Mining In West Bengal?

Why Is ED Investigating Illegal Sand Mining In West Bengal?

Rediff.com20 May 2026

The Enforcement Directorate (ED) questioned IAS officer Ansar Shaikh regarding alleged illegal sand mining and trafficking from riverbeds in West Bengal's Jhargram district and adjoining areas.

Land Grab Suspect Appears Before Enforcement Directorate In Kolkata

Land Grab Suspect Appears Before Enforcement Directorate In Kolkata

Rediff.com18 May 2026

A man, identified as Sona Pappu, who is allegedly involved in land grabbing and extortion, appeared before the Enforcement Directorate in Kolkata in connection with its probe into a money laundering case.

New ITR Rules Taxpayers Must Know About

New ITR Rules Taxpayers Must Know About

Rediff.com1 days ago

"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com1 days ago

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

Rediff.com1 days ago

Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.

Odisha Gymnastics Body Accused Of Using Dead President's Name For Funds

Odisha Gymnastics Body Accused Of Using Dead President's Name For Funds

Rediff.com5 days ago

The Odisha Gymnastics Association is under investigation for allegedly using the name of its deceased president to secure funds from the state government. A complaint questions the association's governance and financial practices, including the sanctioning of funds from multiple agencies for the same event.

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Rediff.com1 days ago

The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

Rediff.com5 days ago

Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.

'My Child Back-Answers Me In Front Of Elders And Guests'

'My Child Back-Answers Me In Front Of Elders And Guests'

Rediff.com27 Apr 2026

rediffGURU Anu Krishna, co-founder of Unfear Changemakers explains how you can deal with teenage rage and behaviour tantrums.

Court Rejects Indrani Mukerjea's Plea To Travel Abroad

Court Rejects Indrani Mukerjea's Plea To Travel Abroad

Rediff.com8 May 2026

A special court in Mumbai has denied Indrani Mukerjea, an accused in the Sheena Bora murder case, permission to travel to Spain and the United Kingdom, citing concerns about her being a flight risk and the trial nearing its conclusion.

Ruturaj Gaikwad Penalised For Slow Over-Rate Against Gujarat Titans

Ruturaj Gaikwad Penalised For Slow Over-Rate Against Gujarat Titans

Rediff.com22 May 2026

Chennai Super Kings captain Ruturaj Gaikwad has been fined after his team maintained a slow over-rate during their IPL match against Gujarat Titans, resulting in a penalty of INR 24 lakhs.

Nagpur Man Arrested For Grandmother's Murder After Money Dispute

Nagpur Man Arrested For Grandmother's Murder After Money Dispute

Rediff.com22 May 2026

A 24-year-old man in Nagpur was arrested for allegedly murdering his grandmother after a dispute over money he withdrew from her bank account.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com6 days ago

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Rediff.com5 May 2026

Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.

Zee Entertainment in talks to stream 2026 FIFA World Cup in India

Zee Entertainment in talks to stream 2026 FIFA World Cup in India

Rediff.com7 days ago

With the 2026 FIFA World Cup just weeks away, uncertainty over India's broadcast rights continues amid legal intervention and concerns over free-to-air access for football fans.