News for 'funding'

Abhishek Banerjee Demands Release Of Bengal Funds

Abhishek Banerjee Demands Release Of Bengal Funds

Rediff.com19 Apr 2026

TMC leader Abhishek Banerjee has urged Prime Minister Narendra Modi to release pending central dues to West Bengal before professing his love for the state. Banerjee also criticised BJP leaders for their reaction to the 'Jai Bangla' slogan and accused the BJP of failing to act on its promise to develop the Sagar islands.

91 Life Convicts Released From Telangana Prisons

91 Life Convicts Released From Telangana Prisons

Rediff.com4 days ago

The Telangana Prisons and Correctional Services Department facilitated the release of 91 life convicts who were granted special remission by the state government. The released prisoners include 85 men and six women, all of whom were found eligible for remission under the government's prescribed guidelines.

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Rediff.com15 Apr 2026

Union Home Minister Amit Shah pledged the BJP will recover funds allegedly stolen by the TMC in Bengal and promised development schemes for North Bengal, while attacking Mamata Banerjee's governance.

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Rediff.com4 days ago

The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.

Intellius Recode Seeks Funds Through Initial Public Offering

Intellius Recode Seeks Funds Through Initial Public Offering

Rediff.com29 Mar 2026

Intellius Recode Ltd has filed preliminary papers with SEBI for an IPO comprising a fresh issue of equity shares and an offer for sale by existing shareholders. The funds will be used to develop digital workers and for general corporate purposes.

What Investors Should Know About SIFs

What Investors Should Know About SIFs

Rediff.com19 May 2026

Investors can begin investing in mutual funds with as little as Rs 100.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Rediff.com3 days ago

Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.

Sarma Accuses Mamata Of Diverting Funds To Infiltrators

Sarma Accuses Mamata Of Diverting Funds To Infiltrators

Rediff.com18 Apr 2026

Assam Chief Minister Himanta Biswa Sarma has accused West Bengal's Mamata Banerjee government of diverting resources to 'Bangladeshi Muslim infiltrators' and warned of losing Bengal if she remains in power.

Punjab Police To Boost Security With Increased Checkpoints

Punjab Police To Boost Security With Increased Checkpoints

Rediff.com5 days ago

Punjab DGP Gaurav Yadav has directed increased police presence and patrolling through strategic checkpoints and mobile patrols to enhance public confidence and ensure a secure environment across the state.

Grand Venice Mall Owner Arrested In Money Laundering Case

Grand Venice Mall Owner Arrested In Money Laundering Case

Rediff.com7 days ago

The Enforcement Directorate has arrested the promoter of a Noida-based realty company in a money laundering case linked to alleged duping of home buyers.

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.com1 days ago

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.

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

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

Rediff.com1 days ago

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.

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Rediff.com29 May 2026

Shi Yongxin, the former head priest of China's Shaolin Temple, has been sentenced to 24 years in prison on graft charges, including embezzlement and bribery.

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Man Alleges Extortion, Assault Over Stock Market Losses In Thane

Rediff.com2 days ago

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.

RBI Plans New UPI Safety Checks

RBI Plans New UPI Safety Checks

Rediff.com4 days ago

Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.

Odisha Gymnastics Body Apologises For Late President's Name On Letterhead

Odisha Gymnastics Body Apologises For Late President's Name On Letterhead

Rediff.com7 days ago

The Odisha Gymnastics Association secretary has apologised for using the late president's name on official letterheads, attributing it to an unintentional mistake after reports surfaced regarding invoices issued under the deceased president's name.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Rediff.com28 May 2026

Tamil Nadu Chief Minister C Joseph Vijay concluded his first official visit to Delhi, meeting with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to discuss key state issues.

'An Earthquake Is Coming In Maharashtra Politics'

'An Earthquake Is Coming In Maharashtra Politics'

Rediff.com15 hours ago

'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.'

Two Alleged ULFA-I Operatives Arrested In Unnao

Two Alleged ULFA-I Operatives Arrested In Unnao

Rediff.com28 May 2026

Police in Unnao, Uttar Pradesh, have arrested two men allegedly linked to the banned militant outfit United Liberation Front of Asom-Independent (ULFA-I). The suspects, identified as Noor Mohammad and Mohammad Subhan, were living in Unnao while concealing their identities. Assam Police, with local assistance, made the arrests and are investigating their local networks and possible hideouts.

BPCL Customers Face Charges Over Misappropriated Funds

BPCL Customers Face Charges Over Misappropriated Funds

Rediff.com2 Apr 2026

Seven customers of Bharat Petroleum Corporation Limited (BPCL) in Indore have been booked for allegedly misappropriating over Rs 5.7 crore that was wrongly deposited into their digital wallets. Police are investigating how Rs 129.55 crore was incorrectly credited to around 1,000 BPCL 'Smart Fleet' customers.

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Rediff.com8 Apr 2026

The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com19 May 2026

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com1 days ago

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

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.com5 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.

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 days ago

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.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com5 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.

Temple trusts oppose Maharashtra draft law on devasthan land

Temple trusts oppose Maharashtra draft law on devasthan land

Rediff.com26 May 2026

A state-level 'Temple Land Protection Conference' was held in Mumbai on Monday, during which participants passed a resolution demanding immediate and unconditional withdrawal of the proposed legislation, the Maharashtra Mandir Mahasangh state in a release.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

Bengal To Investigate Fake Beneficiaries In Cash Transfer Scheme

Bengal To Investigate Fake Beneficiaries In Cash Transfer Scheme

Rediff.com5 days ago

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.

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.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com6 days ago

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

Haryana Bank Official Arrested in 150 Crore Panchkula Municipal Funds Scam

Haryana Bank Official Arrested in 150 Crore Panchkula Municipal Funds Scam

Rediff.com8 Apr 2026

A private bank official has been arrested in Haryana in connection with a 150 crore discrepancy in the accounts of Panchkula Municipal Corporation.

Union Minister Pradhan Alleges TMC Mismanagement of Funds, Criticises Bengal's Education System

Union Minister Pradhan Alleges TMC Mismanagement of Funds, Criticises Bengal's Education System

Rediff.com7 Apr 2026

Union Minister Dharmendra Pradhan has accused the TMC government in West Bengal of diverting central funds for party activities and destroying the state's education system. He also criticised the teacher recruitment process and expressed confidence in the BJP's victory in the upcoming assembly polls.

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.com6 days ago

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.

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.com4 days ago

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).

Sebi May Allow Salary In MFs

Sebi May Allow Salary In MFs

Rediff.com21 May 2026

Investments under the framework would remain voluntary for employees.

Delhi HC Grants Interim Bail To MP Sheikh Abdul Rashid

Delhi HC Grants Interim Bail To MP Sheikh Abdul Rashid

Rediff.com18 May 2026

The Delhi High Court granted interim bail to Baramulla MP Sheikh Abdul Rashid, who is imprisoned in a terror-funding case, following his father's death. The court stipulated that Rashid must be accompanied by police officials during his release.