News for 'funding'

Can AI Replace Astrologers?

Can AI Replace Astrologers?

Rediff.com13 Jun 2026

As AI enters astrology apps and predictions, technology is becoming a new interface for humanity's oldest questions about uncertainty and the future.

Delhi High Court Refuses Anticipatory Bail In Rs 1 Crore Crypto Fraud

Delhi High Court Refuses Anticipatory Bail In Rs 1 Crore Crypto Fraud

Rediff.com9 Jun 2026

The Delhi High Court denied anticipatory bail to a man accused in an organised cyber fraud case involving the transfer of approximately Rs 1 crore in cryptocurrency. The court emphasised the need for custodial interrogation to unearth the larger conspiracy and recover the cheated amount.

How Mumbai Police Halted 101 Crore In Cyber Frauds

How Mumbai Police Halted 101 Crore In Cyber Frauds

Rediff.com20 May 2026

Mumbai Police's 1930 cyber helpline has successfully intercepted and frozen over 101 crore defrauded from citizens in the last five months, preventing significant financial losses.

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Rediff.com4 Jun 2026

A 41-year-old man in Thane has alleged that four individuals kidnapped him, assaulted him, and forced him to transfer Rs 47.25 lakh, blaming him for stock market losses incurred by their clients. The accused are middlemen who invested through the complainant.

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.

Why Every Family Needs Health Corpus

Why Every Family Needs Health Corpus

Rediff.com19 May 2026

'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'

Postal Worker Faces Charges Over Suspicious Transactions

Postal Worker Faces Charges Over Suspicious Transactions

Rediff.com24 May 2026

Police in Sambhal, Uttar Pradesh, have registered a case against a postal assistant after suspicious transactions worth approximately Rs 4.5 crore were allegedly detected in his bank accounts.

Ex-Minister's Brother Swarup Biswas In Police Custody Over Extortion Racket

Ex-Minister's Brother Swarup Biswas In Police Custody Over Extortion Racket

Rediff.com5 Jun 2026

Trinamool Congress leader Swarup Biswas, brother of former West Bengal Sports minister Aroop Biswas, has been remanded to police custody in Kolkata. He was arrested in connection with an alleged extortion racket operating in the Tollygunge film and television industry, facing charges of sexual harassment, extortion, and attempt to murder.

Ex-Life Insurance Manager Convicted In Investment Fraud Case

Ex-Life Insurance Manager Convicted In Investment Fraud Case

Rediff.com27 May 2026

A former life insurance manager in Thane has been sentenced to two years in jail for defrauding people of over Rs 3.51 crore with false promises of high returns on stock market investments.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

International Crypto Network With Terror Links Busted In Gujarat

International Crypto Network With Terror Links Busted In Gujarat

Rediff.com19 May 2026

The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.

Cheerio AI Raises Rs 8 Crore in Seed Funding Round

Cheerio AI Raises Rs 8 Crore in Seed Funding Round

Rediff.com5 Mar 2026

Cheerio AI, an AI-powered customer engagement platform, has raised Rs 8 crore in seed funding to build multi-modal AI capabilities and expand its platform.

How EPFO's UPI Integration Will Benefit Subscribers

How EPFO's UPI Integration Will Benefit Subscribers

Rediff.com19 May 2026

The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.

US Navy attacked 3 merchant ships, India lodges strong protest

US Navy attacked 3 merchant ships, India lodges strong protest

Rediff.com11 Jun 2026

India has strongly protested to the United States after three merchant ships with Indian crew members were attacked by the American military off the coast of Oman, resulting in the deaths of three Indian nationals.

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Rediff.com18 Mar 2026

A government employee in Madhya Pradesh's Barwani district was arrested for allegedly accepting a bribe to release funds for the repair of a girls' toilet at a school.

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 Jun 2026

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.

Cooperative Official Arrested In Odisha For Rs 75 Lakh Fraud

Cooperative Official Arrested In Odisha For Rs 75 Lakh Fraud

Rediff.com22 May 2026

Odisha Vigilance arrested a cooperative official, Tarini Prasad Tripathy, for his alleged involvement in a Rs 75 lakh fraud case at K Singhpur Large Area Multi-Purpose Co-operative Society (LAMPCS) in Rayagada district.

What's Vijay Doing In New Delhi?

What's Vijay Doing In New Delhi?

Rediff.com28 May 2026

During the meeting with Prime Minister Narendra Modi, Vijay raised concerns, including rendering Tamil Thai Vazhthu at the beginning of government events, opposition to Karnataka's proposed Mekedatu dam project, the release of Tamil Nadu fishermen detained by Sri Lanka, and the establishment of a key defence research facility in the state.

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Rediff.com25 Mar 2026

Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.

West Bengal To Restart Rural Employment Scheme In Most Districts

West Bengal To Restart Rural Employment Scheme In Most Districts

Rediff.com27 May 2026

The West Bengal government will resume the rural employment scheme under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Grameen) Act in all districts of the state, barring Murshidabad and South 24 Parganas, where allegations of irregularities in its implementation are being investigated.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com1 Jun 2026

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.

Bihar man arrested for links to Pakistan arms smuggler

Bihar man arrested for links to Pakistan arms smuggler

Rediff.com23 May 2026

Bihar Police's Anti-Terrorist Squad (ATS) has arrested a Muzaffarpur resident for his alleged links with Pakistan-based arms smuggler Shahzad Bhatti's gang, seizing digital evidence indicating anti-India activities.

'An Earthquake Is Coming In Maharashtra Politics'

'An Earthquake Is Coming In Maharashtra Politics'

Rediff.com6 Jun 2026

'Delimitation is scheduled for 2028. No matter how much the BJP currently depends on the Shinde Sena or NCP factions, it may not need them after delimitation.'

Delhi Court Grants Bail In 'Jai Bhim' Scheme Scam

Delhi Court Grants Bail In 'Jai Bhim' Scheme Scam

Rediff.com28 May 2026

A Delhi court has granted bail to six individuals accused in a scam related to the Delhi government's 'Jai Bhim Mukhyamantri Pratibha Vikas Yojana'. The court cited the principle that bail is the rule and denial is an exception.

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

Why Supreme Court granted bail to Shabir Shah in terror funding case

Why Supreme Court granted bail to Shabir Shah in terror funding case

Rediff.com17 Mar 2026

The Supreme Court of India has granted bail to Kashmiri separatist leader Shabir Ahmed Shah, who has been in jail for over eight years in a terror funding case, citing the unlikelihood of a timely trial conclusion and the curtailment of personal liberty.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

Odisha Police Arrest Two More In Bank Fraud Case

Odisha Police Arrest Two More In Bank Fraud Case

Rediff.com22 May 2026

Odisha Police's Economic Offences Wing (EOW) has arrested two more individuals in connection with a Rs 9.6 crore bank fraud case, bringing the total number of arrests to six. The accused, Surjit Roy and Sameer Srivastav, were apprehended in Raipur, Chhattisgarh, for allegedly withdrawing funds from the District Mineral Foundation (DMF) trust using forged cheques.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com31 May 2026

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

Bengal To Investigate Fake Beneficiaries In Cash Transfer Scheme

Bengal To Investigate Fake Beneficiaries In Cash Transfer Scheme

Rediff.com1 Jun 2026

West Bengal Chief Minister Suvendu Adhikari has ordered a special investigation into alleged fake beneficiaries of the Lakshmir Bhandar scheme, a women's cash transfer programme from the previous government, also initiating a money laundering probe.

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

Rediff.com31 May 2026

Pakistan's ISI is reportedly pushing its network of Over Ground Workers (OGWs) in Jammu and Kashmir to infiltrate mainstream national political parties to evade security crackdowns and investigations. The ISI is also attempting to revive dormant, locally-founded terror outfits to give an 'indigenous colour' to terrorist violence and mask Pakistan's direct involvement.

'Severe' blast kills 8 workers at Vizag Steel Plant in Andhra Pradesh

'Severe' blast kills 8 workers at Vizag Steel Plant in Andhra Pradesh

Rediff.com9 Jun 2026

An industrial accident at the Rashtriya Ispat Nigam Ltd (Vizag Steel Plant) in Visakhapatnam resulted in the deaths of at least six workers after molten iron spilt on them. Authorities are investigating the incident, and rescue operations are underway.

Gurugram Digital Arrest Scam: Five Arrested In Rs 42.92 Lakh Fraud Case

Gurugram Digital Arrest Scam: Five Arrested In Rs 42.92 Lakh Fraud Case

Rediff.com3 Jun 2026

Gurugram police have arrested five individuals in connection with a Rs 42.92 lakh digital arrest scam. The fraudsters posed as CBI officers, intimidated a victim, and coerced them into transferring a large sum of money. The arrested individuals include account holders and those who withdrew the defrauded cash.

Delhi Police Arrests Gang For Robbery, Kidnapping

Delhi Police Arrests Gang For Robbery, Kidnapping

Rediff.com28 May 2026

Delhi Police arrested four men and apprehended two juveniles for allegedly abducting and robbing a man on Urban Extension Road-II in Outer North Delhi. The accused committed the crime to fund their partying and lavish spending.

Netrasemi's Indigenous AI Chipset A2000 Nears Commercial Launch

Netrasemi's Indigenous AI Chipset A2000 Nears Commercial Launch

Rediff.com28 May 2026

Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.

Noida Labour Protest Accused Received Over Rs 1 Crore From Abroad

Noida Labour Protest Accused Received Over Rs 1 Crore From Abroad

Rediff.com14 May 2026

Police in Gautam Buddh Nagar claim an accused linked to violent labour protests in Noida received over Rs 1 crore from foreign countries in their personal bank account.

Seven Face Charges in Kashmir Over Sarva Siksha Abhiyan Funds Misuse

Seven Face Charges in Kashmir Over Sarva Siksha Abhiyan Funds Misuse

Rediff.com8 Mar 2026

The Economic Offences Wing of the Crime Branch Kashmir has filed a chargesheet against seven individuals accused of misappropriating funds from the Sarva Siksha Abhiyan scheme, intended for school construction in the Kupwara district.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com12 Mar 2026

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Rediff.com21 May 2026

India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).