News for 'fund routing'

Retail rush, SIPs drive Rs 14 lakh cr jump in mutual fund assets in 2025

Retail rush, SIPs drive Rs 14 lakh cr jump in mutual fund assets in 2025

Rediff.com31 Dec 2025

Mutual fund industry extended its bull run in 2025, adding a staggering Rs 14 lakh crore to its asset base and pushing total AUM to a record Rs 81 lakh crore by November, powered by surge in retail participation and record SIP inflows. Venkat Chalasani, chief executive officer of AMFI, told PTI that the industry's outlook remains positive, with steady SIP inflows continuing to offset foreign portfolio investor outflows and strengthening market resilience.

IAF to get indigenous unmanned combat search and rescue aircraft

IAF to get indigenous unmanned combat search and rescue aircraft

Rediff.com8 Apr 2026

The Indian government is planning to develop an unmanned combat search and rescue aircraft for the Indian Air Force, designed to operate autonomously and in challenging terrains.

Delhi Court Rejects Bail for NEET Aspirant in Cyber Fraud Case

Delhi Court Rejects Bail for NEET Aspirant in Cyber Fraud Case

Rediff.com8 Apr 2026

A Delhi court has denied bail to an 18-year-old NEET aspirant accused of involvement in large-scale organised cyber fraud, citing substantial evidence against him and the seriousness of economic offences.

Equity Mutual Funds Break All Records

Equity Mutual Funds Break All Records

Rediff.com29 Nov 2025

'The day is not too far when the share of MFs alone will be greater than that of foreign institutional investors.'

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

Want To Invest In Manufacturing Funds?

Want To Invest In Manufacturing Funds?

Rediff.com3 Nov 2025

'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'

Street Signs: Narrowing window, upping the colo game, and test of patience

Street Signs: Narrowing window, upping the colo game, and test of patience

Rediff.com9 Mar 2026

With domestic markets turning choppy, investors are increasingly scouting for opportunities overseas to diversify portfolios and hedge against a weakening rupee.

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.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Rajasthan Opposition Alleges Conflict of Interest in Adarsh Credit Society Scam Case

Rajasthan Opposition Alleges Conflict of Interest in Adarsh Credit Society Scam Case

Rediff.com3 Apr 2026

Rajasthan's Leader of Opposition, Tika Ram Jully, has accused the state government of a 'double game' in the Adarsh Credit Cooperative Society scam, alleging a conflict of interest involving the Additional Advocate General.

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Rediff.com9 Apr 2026

Delhi Police have arrested two men for allegedly running a cyber fraud racket involving over Rs 3.60 crore. The accused used mule bank accounts and a social media application to defraud victims. The investigation revealed links to an international cyber fraud network and training in Cambodia.

Enforcement Directorate Investigates Rs 590 Crore Embezzlement from Haryana Government Accounts

Enforcement Directorate Investigates Rs 590 Crore Embezzlement from Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.

Demat a/c growth at 11-month low in March

Demat a/c growth at 11-month low in March

Rediff.com10 Apr 2026

New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.

Fraudsters Exploit MHADA Scheme, Cheat Thane Residents

Fraudsters Exploit MHADA Scheme, Cheat Thane Residents

Rediff.com30 Mar 2026

Fraudsters in Thane, Maharashtra, allegedly duped 11 residents by promising low-cost housing under a government scheme and forging their credentials to open bank accounts for larger financial transactions.

21 dead, 29 injured as bus rolls into gorge in J-K's Udhampur

21 dead, 29 injured as bus rolls into gorge in J-K's Udhampur

Rediff.com20 Apr 2026

A passenger bus accident in the Udhampur district of Jammu and Kashmir resulted in the death of fifteen people and injuries to twenty others. The accident occurred near Kagort village in the Ram Nagar area.

Terms Relaxed For Chinese Investment, But India Wary About Security

Terms Relaxed For Chinese Investment, But India Wary About Security

Rediff.com12 Mar 2026

'It's a changing world and the opening up doesn't mean that concerns with regards to security have gone away.'

Cybercrime Ring Busted: Delhi Police Uncovers Digital Arrest and Fake IPO Scams

Cybercrime Ring Busted: Delhi Police Uncovers Digital Arrest and Fake IPO Scams

Rediff.com25 Mar 2026

Delhi Police have arrested six individuals linked to interstate cybercrime syndicates involved in digital arrest, fake IPO, and trading scams, recovering millions of rupees.

Anil Nutrients Ltd and Director Face Money Laundering Charges in Bank Fraud Case

Anil Nutrients Ltd and Director Face Money Laundering Charges in Bank Fraud Case

Rediff.com6 Mar 2026

The Enforcement Directorate (ED) has filed a prosecution complaint against Anil Nutrients Ltd, its director, and six others in connection with a money laundering case involving an alleged fraud of Rs 47.88 crore with Bank of India.

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Rediff.com15 Apr 2026

Union Home Minister Amit Shah has promised to expel infiltrators from West Bengal and secure the border if the BJP wins the upcoming assembly elections. He accused Chief Minister Mamata Banerjee of neglecting North Bengal and favouring Muslims in budget allocations.

Why Kashmiris Are Donating Gold, Money For Iran

Why Kashmiris Are Donating Gold, Money For Iran

Rediff.com25 Mar 2026

'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Rediff.com11 Apr 2026

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Deshmukh told me extorted funds routed to Maha NCP chief: Ex-cop Param Bir

Deshmukh told me extorted funds routed to Maha NCP chief: Ex-cop Param Bir

Rediff.com13 Aug 2024

Singh asserted that Deshmukh set a staggering collection target of Rs 100 crore for his officers, specifically from Mumbai, while also discussing plans to target key opposition figures, including former Chief Minister Devendra Fadnavis of the Bharatiya Janata Party.

Iran War: 'US Doesn't Depend On Strait of Hormuz For Oil'

Iran War: 'US Doesn't Depend On Strait of Hormuz For Oil'

Rediff.com13 Apr 2026

'Neither do the Israelis. The two attacking parties have very little economic interest in Hormuz.'

Enforcement Directorate Moves to Extradite Key Accused in Torres Jewellery Fraud

Enforcement Directorate Moves to Extradite Key Accused in Torres Jewellery Fraud

Rediff.com23 Mar 2026

The Enforcement Directorate (ED) has initiated the extradition process against Ukrainian national Olena Stoian, a key accused in the multi-crore Torres fraud case, by approaching the special PMLA court for necessary documentation.

Pawan Ruia Arrested in Multi-Crore Cryptocurrency Money Laundering Case

Pawan Ruia Arrested in Multi-Crore Cryptocurrency Money Laundering Case

Rediff.com31 Mar 2026

Industrialist Pawan Ruia has been arrested by the West Bengal Police in connection with a multi-crore fraud case involving shell companies and cryptocurrency-based money laundering.

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Rediff.com11 Mar 2026

'There are certain sovereign AI domains where we must build capabilities using our own data, our own language models, and make our own attempts at global models.'

No nukes, reopen Hormuz: Trump's 15-point plan to end Iran war

No nukes, reopen Hormuz: Trump's 15-point plan to end Iran war

Rediff.com25 Mar 2026

In a bid to de-escalate Middle East tensions, the US has presented Iran with a comprehensive 15-point peace plan focusing on nuclear disarmament and regional stability in exchange for sanctions relief.

Myanmar insurgent training: 7 foreigners' phones sent for analysis

Myanmar insurgent training: 7 foreigners' phones sent for analysis

Rediff.com19 Mar 2026

A Delhi court has granted the National Investigation Agency (NIA) 11-day custody of several foreign nationals accused of training Myanmar-based Ethnic Armed Groups (EAGs) known to support insurgent groups in India.

Two CAs Arrested in Cyber Fraud Money Laundering Case

Two CAs Arrested in Cyber Fraud Money Laundering Case

Rediff.com5 Mar 2026

Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Rediff.com18 Nov 2025

Debtor alleges evidence from OCI Ltd shows funds were "round-tripped" to Byju Raveendran despite his earlier sworn statements -- claims Byju's founders strongly reject.

Sports Ministry Sets Stricter Criteria for Asian Games Coaches

Sports Ministry Sets Stricter Criteria for Asian Games Coaches

Rediff.com26 Mar 2026

The Sports Ministry has introduced stricter guidelines for selecting coaches for India's Asian Games contingent, prioritising demonstrable contribution and regular association with athletes to manage the increasing number of requests.

Probe into Foreigners' Activities Aims to Uncover Conspiracy Against India

Probe into Foreigners' Activities Aims to Uncover Conspiracy Against India

Rediff.com19 Mar 2026

Security agencies in India are investigating a potential conspiracy involving arrested foreigners, including a US mercenary, who allegedly aimed to exploit Indian ethnic groups to undermine national security. The investigation involves data extraction from mobile phones and scrutiny of social media accounts to uncover the full extent of the plot and identify all involved parties.

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

Massive Cyber Fraud Network Busted: 2,900 Mule Accounts Used

Massive Cyber Fraud Network Busted: 2,900 Mule Accounts Used

Rediff.com10 Mar 2026

Police in Belagavi, Karnataka, have uncovered a large cyber fraud network using 2,900 mule bank accounts to funnel fraudulent transactions. The fraudsters target unemployed youth and women with promises of easy commissions, persuading them to share or open bank accounts used for illegal fund transfers.

Maharashtra Reunites Over 91,000 Missing Girls with Families

Maharashtra Reunites Over 91,000 Missing Girls with Families

Rediff.com25 Mar 2026

Maharashtra Chief Minister Devendra Fadnavis announced that over 91,000 missing girls have been traced and reunited with their families in the state over the past 13 years. Improvements in tracking mechanisms, police response, and criminal justice reforms have contributed to this success.

'We were kept in jail for 50 days': Indian sailors recount escape from Iran

'We were kept in jail for 50 days': Indian sailors recount escape from Iran

Rediff.com1 Apr 2026

A group of Indian sailors recount their harrowing experience of being detained in Iran on suspicion of smuggling, and their subsequent escape from the country as regional tensions escalated into open conflict.

IPO pipeline strengthens; 38 cos file draft papers in March

IPO pipeline strengthens; 38 cos file draft papers in March

Rediff.com5 Apr 2026

The Indian IPO market is experiencing a significant surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, driven by a combination of improved issuer confidence, strategic regulatory compliance, and private equity investors seeking exits amidst volatile market conditions.

War In The Strait Has Reached A Condom Factory!

War In The Strait Has Reached A Condom Factory!

Rediff.com24 Apr 2026

Karex, the Malaysian company that makes roughly one in five of the world's condoms -- about five billion a year, supplying Durex and Trojan among others -- announced this week that it is raising prices by up to 30 percent. The reason is the Strait of Hormuz.

Three Arrested in Cyber Fraud Case Involving Rs 82 Crore

Three Arrested in Cyber Fraud Case Involving Rs 82 Crore

Rediff.com28 Feb 2026

Three individuals have been arrested in Shivamogga, Karnataka, in connection with a nationwide cyber fraud operation involving over Rs 82 crore and 352 registered complaints.