News for 'financial penalties'

ISL: Mohun Bagan to play behind closed doors after spectator misconduct

ISL: Mohun Bagan to play behind closed doors after spectator misconduct

Rediff.com3 Mar 2026

The All India Football Federation has fined Mohun Bagan Super Giants and ordered their next Indian Super League (ISL) match to be played in an empty stadium due to alleged spectator misconduct.

Pakistan players set to be fined after T20 World Cup exit

Pakistan players set to be fined after T20 World Cup exit

Rediff.com2 Mar 2026

The Pakistan Cricket Board (PCB) is considering financial penalties for players following the team's disappointing performance and early exit from the T20 World Cup.

176 Non-Scheduled Planes Lack Flight Data Recorders: What This Means

176 Non-Scheduled Planes Lack Flight Data Recorders: What This Means

Rediff.com16 Mar 2026

The Indian government disclosed that 176 aircraft operated by non-scheduled and general aviation operators lack flight data and cockpit voice recorders, raising safety concerns. The disclosure was made in response to a query in the Rajya Sabha.

Mohun Bagan to Play Next ISL Game in Empty Stadium After Fan Misconduct

Mohun Bagan to Play Next ISL Game in Empty Stadium After Fan Misconduct

Rediff.com3 Mar 2026

The All India Football Federation (AIFF) has penalised Mohun Bagan Super Giants (MBSG) following spectator misconduct, ordering their next Indian Super League (ISL) match to be played without fans. The club has accepted a financial penalty but expressed disappointment over the stadium closure.

Humpy Stands by Cyprus Tournament Withdrawal, Cites Safety Concerns

Humpy Stands by Cyprus Tournament Withdrawal, Cites Safety Concerns

Rediff.com23 Mar 2026

Indian chess grandmaster Koneru Humpy defends her decision to withdraw from the Candidates tournament in Cyprus due to safety concerns amid regional tensions, stating that playing peacefully is impossible when surrounded by warships.

Human Smuggling Conspiracy: Bangladeshi Man Extradited to US

Human Smuggling Conspiracy: Bangladeshi Man Extradited to US

Rediff.com1 days ago

A Bangladeshi national has been extradited from Brazil to the United States to face charges related to a human smuggling conspiracy.

Punjab Achieves Record Tax Enforcement, Recovering 1,137 Crore

Punjab Achieves Record Tax Enforcement, Recovering 1,137 Crore

Rediff.com6 Apr 2026

Punjab's Finance Minister announces record tax enforcement outcomes for the financial year 2025-26, driven by intelligence-led actions and robust revenue protection, including significant penalties imposed and recovered from fraudulent networks.

Madras high court upholds Rs 1.5 cr income tax penalty against actor Vijay

Madras high court upholds Rs 1.5 cr income tax penalty against actor Vijay

Rediff.com6 Feb 2026

The Madras High Court dismissed a petition by actor Vijay challenging an Income Tax department order to pay a Rs 1.50 crore penalty for alleged non-disclosure of income during 2015-16.

BCCI Cracks Down Ahead of IPL 2026 with Tough New Guidelines

BCCI Cracks Down Ahead of IPL 2026 with Tough New Guidelines

Rediff.com24 Mar 2026

BCCI introduces strict IPL 2026 rules, banning shared practice pitches, enforcing team bus travel, dress codes and limiting net sessions to ensure fairness.

Actor Vijay faces scrutiny over discrepancies in affidavits

Actor Vijay faces scrutiny over discrepancies in affidavits

Rediff.com3 Apr 2026

Discrepancies in actor Vijay's election affidavits regarding pending criminal cases and bank accounts have surfaced, potentially leading to legal and political challenges.

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

Rediff.com16 Feb 2026

The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.

Captain Donnarumma denies Italy players demanded bonus for World Cup qualification

Captain Donnarumma denies Italy players demanded bonus for World Cup qualification

Rediff.com5 days ago

Italy goalkeeper Gianluigi Donnarumma said he was hurt by reports claiming the national team's players had demanded a bonus if they qualified for this year's World Cup.

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

Rediff.com10 Jan 2026

The relation between a regulator and its regulated entities is collaborative and not adversarial with the common objective of maintaining the stability and credibility of the financial system. However, the action on regulated entities like penalties and business restrictions are the last resort, Reserve Bank of India (RBI)'s governor Sanjay Malhotra said on Friday.

T20 WC: No India-Pak clash? ICC stares at massive losses

T20 WC: No India-Pak clash? ICC stares at massive losses

Rediff.com2 Feb 2026

An India-Pakistan fixture in an ICC event generates revenue to the tune of a staggering 'USD 250 million (over Rs 2200 crore', as per some estimates and the absence of the cash-cow fixture from the upcoming T20 World Cup is certain to cause heavy losses to all stakeholders.

T2-0 WC: Skipping India game may hit PCB where it hurts

T2-0 WC: Skipping India game may hit PCB where it hurts

Rediff.com4 Feb 2026

The Pakistan Cricket Board (PCB) could face massive financial losses if the ICC's all-powerful governing board decides to penalise them for refusing to play the T20 World Cup match against India on February 15 in Colombo.

Rajpal Yadav Forgives Journo For Bad Taste Quip

Rajpal Yadav Forgives Journo For Bad Taste Quip

Rediff.com7 days ago

Rajpal Yadav has defended journalist Saurabh Dwivedi, urging fans to show understanding and forgiveness.

India Cracks Down on Illegal Online Gambling, Blocking 300 Websites and Apps

India Cracks Down on Illegal Online Gambling, Blocking 300 Websites and Apps

Rediff.com20 Mar 2026

The Indian government has blocked 300 websites and applications involved in illegal gambling and betting activities, including online sports betting platforms, online casinos, and satta/matka networks, as part of its efforts to create a safe and responsible online gaming ecosystem.

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Rediff.com31 Mar 2026

Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.

Still Haven't Made Your Tax-Saving Investments?

Still Haven't Made Your Tax-Saving Investments?

Rediff.com26 Mar 2026

In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.

RBI imposes Rs 91 lakh penalty on HDFC Bank

RBI imposes Rs 91 lakh penalty on HDFC Bank

Rediff.com28 Nov 2025

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).

Global turnover penalty on Apple could cost $38bn

Global turnover penalty on Apple could cost $38bn

Rediff.com27 Nov 2025

iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover.

T20 World Cup: 'If Pakistan cricket can survive without playing India, they can sustain'

T20 World Cup: 'If Pakistan cricket can survive without playing India, they can sustain'

Rediff.com2 Feb 2026

Pakistan have somehow survived the financial loss of not being able to play India bilaterally for two decades now, said former ICC Head of Communications Sami-ul-Hasan Burney.

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Rediff.com31 Mar 2026

'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'

Govt plans financial penalties to push crop insurance

Govt plans financial penalties to push crop insurance

Rediff.com9 Jul 2018

Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year

Palghar Man Gets Life for 'Heinous' Sexual Assault on 6-Year-Old

Palghar Man Gets Life for 'Heinous' Sexual Assault on 6-Year-Old

Rediff.com19 Mar 2026

A special POCSO court in Thane sentenced a man to life imprisonment for the sexual assault of a six-year-old girl in Palghar district, Maharashtra, in 2018, deeming the crime 'heinous'.

International Cyber Fraud Racket Busted in J&K: Seven Arrested

International Cyber Fraud Racket Busted in J&K: Seven Arrested

Rediff.com19 Mar 2026

The Jammu and Kashmir Police's Counter Intelligence Wing (CIK) has dismantled a sophisticated international cyber fraud racket, arresting seven individuals in Srinagar. The operation targeted victims in the USA, UK, and Canada, using advanced techniques to steal funds through deceptive online schemes.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 Mar 2026

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

T20 World Cup: JioStar threatens to sue Pakistan for India match boycott

T20 World Cup: JioStar threatens to sue Pakistan for India match boycott

Rediff.com3 Feb 2026

T20WC Boycott: Broadcasters may move court against PCB

T20 World Cup: Mumbai Gripped By India-England Semi-Final Fever

T20 World Cup: Mumbai Gripped By India-England Semi-Final Fever

Rediff.com4 Mar 2026

Fans are so confident of India retaining the ICC World T20 title that that they would like March 8 (the day of the final) to be added to the list of special days in March as 'Indian cricket's double-triumph day'.

Why taxis, autos, trucks in Maha are going off roads

Why taxis, autos, trucks in Maha are going off roads

Rediff.com5 Mar 2026

Transporters across Maharashtra have announced a statewide strike to protest against e-challans and other issues, potentially disrupting transport services including school buses and commercial vehicles.

'Treat Bangladesh, Pakistan The Same As India'

'Treat Bangladesh, Pakistan The Same As India'

Rediff.com5 Feb 2026

Former England captain Nasser Hussain slammed the International Cricket Council for its decision to exclude Bangladesh from the T20 World Cup for their refusal to play in India.

How The Taxman Plans To Close Cases Faster

How The Taxman Plans To Close Cases Faster

Rediff.com11 Feb 2026

Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty.

Budget themes paint it as a reformative exercise

Budget themes paint it as a reformative exercise

Rediff.com11 Feb 2026

The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.

Former financial official executed in China over $ 57 mn bribery case

Former financial official executed in China over $ 57 mn bribery case

Rediff.com9 Dec 2025

China executed Bai Tianhui, a former top official of a state-owned financial firm, for accepting bribes totaling CNY 1.108 billion (about USD 157 million).

Indian 'dunki' agent indicted for smuggling 'aliens' from Canada to US

Indian 'dunki' agent indicted for smuggling 'aliens' from Canada to US

Rediff.com30 Jan 2026

According to court documents, Shivam directed smuggling operations from January through June 2025, coordinating the illegal transport of individuals across the US-Canada border into Clinton County, New York.

BofA In SEBI Probe Over Confidential Deal Data Leak

BofA In SEBI Probe Over Confidential Deal Data Leak

Rediff.com8 Jan 2026

India's market regulator has found that Bank of America shared confidential details ahead of a 2024 block trade and later misled regulators during the investigation.

T20 World Cup rocked! Pakistan to boycott India clash

T20 World Cup rocked! Pakistan to boycott India clash

Rediff.com2 Feb 2026

Pakistan on Sunday announced a boycott of its high-profile men's T20 World Cup group league match against India, a move that is likely to have repercussions, even as the government cleared the national team's participation in the rest of the global event, starting February 7.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.