News for 'funds'

How To Pick Smallcap Funds

How To Pick Smallcap Funds

Rediff.com4 days ago

Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.

Property Ownership Hinges On Funding

Property Ownership Hinges On Funding

Rediff.com16 Jun 2026

Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Rediff.com19 hours ago

Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.

West Asia conflict weighs heavily on India's startup funding, causing a 43% drop

West Asia conflict weighs heavily on India's startup funding, causing a 43% drop

Rediff.com5 hours ago

Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com7 days ago

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

India tech funding rises 12% to $7.2 bn in H1 2026 but deal count shrinks

India tech funding rises 12% to $7.2 bn in H1 2026 but deal count shrinks

Rediff.com4 days ago

The technology startup ecosystem in India attracted $7.2 billion in funding during the first half of calendar year 2026, marking a 12 per cent year-on-year (Y-o-Y) increase. However, even as funding increased, deal count fell sharply, according to a report by market intelligence platform Tracxn.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

SC to hear plea on Ram Temple Trust fund embezzlement

SC to hear plea on Ram Temple Trust fund embezzlement

Rediff.com5 days ago

The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.

Pakistan Table Tennis Players Asked To Fund Asian Games Trip

Pakistan Table Tennis Players Asked To Fund Asian Games Trip

Rediff.com14 Jun 2026

Pakistan's top table tennis players are dismayed after the national federation asked them to arrange their own funds for participating in the upcoming Asian Games in Japan, citing a lack of grants from the Pakistan Sports Board.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

CBI Uncovers Rs 661 Crore Government Funds Siphoning Scam

CBI Uncovers Rs 661 Crore Government Funds Siphoning Scam

Rediff.com7 Jun 2026

The CBI has conducted searches across Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from Haryana government departments and the Chandigarh administration. The probe targets public servants, bank officials, and a private consultancy, with a chargesheet already filed against some accused.

'Those Who Were Meant To Protect Ram Mandir Funds Looted It'

'Those Who Were Meant To Protect Ram Mandir Funds Looted It'

Rediff.com6 days ago

'SIT means nothing because the BJP government of Uttar Pradesh and Ram Janmabhoomi Trust are the same people.'

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

Rediff.com12 Jun 2026

The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Rediff.com16 Jun 2026

Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.

Kerala Lottery Fund Fraud: Accused Claims Burning Rs 6 Crore Post Demonetisation

Kerala Lottery Fund Fraud: Accused Claims Burning Rs 6 Crore Post Demonetisation

Rediff.com5 Jun 2026

The main accused in the Kerala Lottery Welfare Fund fraud case, Sangeeth, has claimed he burnt Rs 6 crore in cash, consisting of demonetised Rs 500 and Rs 1,000 notes, after being unable to use them. He is accused of embezzling Rs 14 crore from the welfare fund, prompting a forensic investigation.

Tripura Chit Fund Executives Sentenced In Swindling Case

Tripura Chit Fund Executives Sentenced In Swindling Case

Rediff.com30 May 2026

A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.

Ram Temple funds row: SP seeks removal of trust members, probe by SC judges

Ram Temple funds row: SP seeks removal of trust members, probe by SC judges

Rediff.com14 Jun 2026

The Uttar Pradesh government has formed a Special Investigation Team (SIT) to probe alleged irregularities in the Ram temple donation funds, a move welcomed by the Ram Mandir Construction Committee chairperson. The trust itself requested the inquiry to counter misinformation, while an opposition MP demanded a Supreme Court judge-led investigation.

FIR Filed Against Ballia Village Head, Two Officers Over Fund Embezzlement

FIR Filed Against Ballia Village Head, Two Officers Over Fund Embezzlement

Rediff.com10 Jun 2026

An FIR has been registered against a village head and two village development officers in Ballia, Uttar Pradesh, for alleged embezzlement of over Rs 15.5 lakh in development funds following a complaint and subsequent probe.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

Ayodhya lawyers not to defend temple fund scam accused

Ayodhya lawyers not to defend temple fund scam accused

Rediff.com1 days ago

Local legal practitioners in Ayodhya are considering a unanimous refusal to defend the eight individuals accused in the Ram temple donations embezzlement case. The Faizabad Bar Association is set to make a final decision, driven by strong local sentiment against the alleged theft of temple offerings.

Centre To Release Funds To Bolster Mizoram's Power Sector

Centre To Release Funds To Bolster Mizoram's Power Sector

Rediff.com30 May 2026

Union Power Minister Manohar Lal Khattar announced the Centre's readiness to release Rs 6 crore to Mizoram to strengthen its power sector. The announcement came during a meeting with BJP leaders in Aizawl, where issues concerning Mizoram, including pending central funds and housing schemes, were discussed.

High Court Seeks Solution For Juvenile Homes' Funding Delay

High Court Seeks Solution For Juvenile Homes' Funding Delay

Rediff.com27 May 2026

The Allahabad High Court has expressed strong displeasure over the delay in the release of funds to NGO-run juvenile homes operating under the Mission Vatsalya scheme, warning of action if a solution is not presented by May 29.

Controversial 'Pistulya Maharaj' Faces Case Over Rs 3.6 Crore Fund Misappropriation

Controversial 'Pistulya Maharaj' Faces Case Over Rs 3.6 Crore Fund Misappropriation

Rediff.com6 Jun 2026

A spiritual preacher, Kishor Dhondiram Jadhav alias 'Pistulya Maharaj', and his associates have been booked in Latur, Maharashtra, for allegedly misappropriating Rs 3.6 crore collected during a religious event. The funds were meant for temple construction but were unaccounted for, leading to protests by Warkaris.

Will be in trouble if I speak truth: BJP leader on Ram temple fund row

Will be in trouble if I speak truth: BJP leader on Ram temple fund row

Rediff.com11 Jun 2026

BJP leader and former MP Brij Bhushan Sharan Singh has claimed knowledge of alleged misuse and theft of donations at the Ram temple in Ayodhya, stating he is not yet ready to reveal the truth due to powerful individuals involved. He also commented on the NEET paper leak controversy, defending the Union Education Minister.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

Annapurna Yojana: West Bengal To Transfer Funds From June 3

Annapurna Yojana: West Bengal To Transfer Funds From June 3

Rediff.com30 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that the first phase of fund transfers under the 'Annapurna Yojana' will begin on June 3, with eligible women beneficiaries receiving Rs 3,000 directly in their bank accounts.

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Rediff.com27 May 2026

Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.

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.com29 May 2026

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.

Cyber Fraud: Thane Man Loses Lakhs In Terror Funding Scam

Cyber Fraud: Thane Man Loses Lakhs In Terror Funding Scam

Rediff.com27 May 2026

A 70-year-old man from Thane was allegedly duped of Rs 40.5 lakh by cyber fraudsters posing as police officers who threatened him with arrest in a fake terror funding case.

Active, passive or balanced - Which fund philosophy actually wins over time?

Active, passive or balanced - Which fund philosophy actually wins over time?

Rediff.com21 May 2026

In reality, no single philosophy can dominate every market cycle. That's why we've explained how these approaches work to help investors make informed and realistic decisions.

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Rediff.com16 Jun 2026

Earlier, Israeli Prime Minister Benjamin Netanyahu also declared that Iran would never be allowed to acquire nuclear weapons, regardless of any agreement.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Ram temple fund row: Champat Rai's driver among 8 held hours after FIR filed

Ram temple fund row: Champat Rai's driver among 8 held hours after FIR filed

Rediff.com4 days ago

Eight individuals have been arrested in Ayodhya in connection with the alleged embezzlement of donations received at the Ram temple. The arrests follow an FIR lodged by a member of the Shri Ram Janmabhoomi Teerth Kshetra Trust, based on recommendations from a Special Investigation Team. The accused were involved in counting cash and valuables and face charges including theft and criminal breach of trust.

Stock markets today: Sensex, Nifty slide as global cues weaken, foreign funds exit

Stock markets today: Sensex, Nifty slide as global cues weaken, foreign funds exit

Rediff.com4 Jun 2026

Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.

NPS Investors: Pick Fund Managers Wisely

NPS Investors: Pick Fund Managers Wisely

Rediff.com28 Apr 2026

Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.

Five Arrested In Uttarakhand Chit Fund Scam: Details

Five Arrested In Uttarakhand Chit Fund Scam: Details

Rediff.com13 May 2026

The CBI has arrested five individuals, including a key figure, in connection with the LUCC chit fund scam in Uttarakhand, which involves over Rs 400 crore. The case concerns alleged irregularities by the Loni Urban Multi-State Credit and Thrift Co-operative Society (LUCC), accused of enticing investors into unregulated schemes.

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

Rediff.com13 May 2026

The Central Bureau of Investigation (CBI) has arrested Sanjit Chakraborty, a proclaimed offender allegedly involved in two chit fund scam cases in Tripura involving over Rs 7.75 crore. Chakraborty was arrested in Kolkata after being absconding since 2013.

Delhi High Court Grants Bail To J-K MP In Terror Funding Case

Delhi High Court Grants Bail To J-K MP In Terror Funding Case

Rediff.com18 May 2026

The Delhi High Court has granted interim bail to Baramulla MP Sheikh Abdul Rashid, who is accused in a terror-funding case, following the death of his father. The bail is effective until June 2, with strict conditions including police escort and restricted movement.