News for 'funds'

CBI Files Chargesheet Against CHD Developers For Fraud

CBI Files Chargesheet Against CHD Developers For Fraud

Rediff.com7 May 2026

The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.

Tax Guide: MFs, Property, Pension And Redevelopment

Tax Guide: MFs, Property, Pension And Redevelopment

Rediff.com29 Apr 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

HC grants bail to jailed MP Engineer Rashid to visit ailing father

HC grants bail to jailed MP Engineer Rashid to visit ailing father

Rediff.com28 Apr 2026

The Delhi High Court has granted one-week interim bail to jailed Lok Sabha member Sheikh Abdul Rashid to visit his ailing father, under strict conditions including police escort and restrictions on visitors.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com3 days ago

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

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.

NEET-UG 2026 Scrapped: What Students Must Do Now

NEET-UG 2026 Scrapped: What Students Must Do Now

Rediff.com3 days ago

Based on the official NTA statement and government directives issued on Tuesday, May 12, 2026, here is a guide for students and parents about what they can do now.

Thane Police Return Stolen Goods Worth Over Rs 7.81 Crore

Thane Police Return Stolen Goods Worth Over Rs 7.81 Crore

Rediff.com2 May 2026

Police in Thane have returned stolen and lost items, including jewellery and mobile phones, valued at over Rs 7.81 crore, to their rightful owners.

ED Conducts Raids In Panchkula Municipal Corp Fraud Case

ED Conducts Raids In Panchkula Municipal Corp Fraud Case

Rediff.com23 Apr 2026

The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.

ED Raids In Punjab: Money Laundering Probe Intensifies

ED Raids In Punjab: Money Laundering Probe Intensifies

Rediff.com7 May 2026

The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an alleged associate of an OSD in the CMO, as part of a money laundering probe into a land fraud case.

Another Arrest Made In Jharkhand Treasury Scam

Another Arrest Made In Jharkhand Treasury Scam

Rediff.com5 May 2026

The Jharkhand Criminal Investigation Department (CID) has arrested another person in connection with the alleged Hazaribag treasury scam, bringing the total number of arrests to six. The investigation, ordered by the Jharkhand government, focuses on the illegal withdrawal of money from the Hazaribagh Treasury. A Special Investigation Team (SIT) has been formed to handle the case.

Jharkhand Parties Demand Pay For Police Amid Treasury Scam

Jharkhand Parties Demand Pay For Police Amid Treasury Scam

Rediff.com28 Apr 2026

Opposition parties in Jharkhand are demanding the release of salaries for police personnel, which have been withheld following the discovery of irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not been paid since March, prompting calls for a thorough investigation and prompt action from the state government.

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Rediff.com30 Apr 2026

Kanpur Police have dismantled a sophisticated cyber fraud syndicate, arresting eight individuals, including five bank officials, for facilitating mule accounts and hawala transactions worth Rs 125 crore.

Bihar Government Offers Compensation To Slain Delivery Worker's Family

Bihar Government Offers Compensation To Slain Delivery Worker's Family

Rediff.com29 Apr 2026

Bihar Chief Minister Samrat Choudhary has announced an ex-gratia of Rs 12 lakh for the family of Pandav Kumar, a delivery worker from Bihar who was shot dead in Delhi. The compensation includes Rs 8 lakh from the Labour Resources Department and Rs 4 lakh from the Chief Minister's Relief Fund. The incident has sparked political debate in Bihar.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com4 days ago

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

Trump rejects Iran's peace plan as 'totally unacceptable'

Trump rejects Iran's peace plan as 'totally unacceptable'

Rediff.com4 days ago

US President Donald Trump has rejected Iran's proposal to end the ongoing war, deeming it 'totally unacceptable'. This decision comes amid efforts to negotiate an end to hostilities that began on February 28 and have disrupted global oil supplies.

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Rediff.com5 May 2026

A nine-year-old girl was fatally attacked by stray dogs in Rajasthan's Bundi district while going to the fields near her village. Lok Sabha Speaker Om Birla visited the family and provided compensation, while directing authorities to take preventive measures.

Sebi proposes revamp of broker networth norms

Sebi proposes revamp of broker networth norms

Rediff.com25 Apr 2026

The Securities and Exchange Board of India (Sebi) has proposed a new framework for calculating the networth requirement for stock brokers, moving away from the current method linked to client cash balances. The revised approach will factor in both client funds handled and the number of active clients serviced, aiming to strengthen brokers' financial buffers.

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Rediff.com1 May 2026

The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.

Enforcement Directorate Conducts Raids In Punjab, Chandigarh

Enforcement Directorate Conducts Raids In Punjab, Chandigarh

Rediff.com7 May 2026

The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh as part of a money laundering investigation against certain builders and real estate companies in an alleged land fraud case.

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Rediff.com5 May 2026

A nine-year-old girl was fatally attacked by stray dogs in Rajasthan's Bundi district while defecating in a field. Lok Sabha Speaker Om Birla visited the family and provided compensation, while directing authorities to take preventive measures.

Interstate Cyber Fraud Racket Busted; Five Arrested

Interstate Cyber Fraud Racket Busted; Five Arrested

Rediff.com5 May 2026

Delhi Police have arrested five individuals from Uttarakhand's Udham Singh Nagar for their involvement in an interstate cyber fraud racket. The syndicate supplied mule bank accounts to cyber criminals, routing cheated money from online investment and task-based scams.

EPFO delays UPI-linked PF withdrawal rollout to May

EPFO delays UPI-linked PF withdrawal rollout to May

Rediff.com27 Apr 2026

The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com6 days ago

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

Case Filed Over Alleged PMAY Misappropriation In Maharashtra

Case Filed Over Alleged PMAY Misappropriation In Maharashtra

Rediff.com25 Apr 2026

A case has been registered against officials in Kaij Nagar Panchayat, Maharashtra, for allegedly misappropriating Rs 4.24 crore under the Pradhan Mantri Awas Yojana (PMAY). Funds meant for house construction were allegedly transferred to unintended beneficiaries.

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Rediff.com14 Mar 2026

Kochi city cyber police have recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The incident occurred in November when the man was defrauded of around 1.30 crore. Police intervention led to the recovery of 1.06 crore from a bank in Jammu and Kashmir.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com30 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

Suvendu aide murder: CBI probe hints at Rs 1 cr contract killing

Suvendu aide murder: CBI probe hints at Rs 1 cr contract killing

Rediff.com3 days ago

The CBI has registered an FIR in the alleged murder of Chandranath Rath, an aide to West Bengal Chief Minister Suvendu Adhikari, taking over the investigation from the state police following a request from the state government.

CBI Investigates Possible Contract Killing Of Adhikari Aide

CBI Investigates Possible Contract Killing Of Adhikari Aide

Rediff.com3 days ago

The CBI is investigating the murder of Suvendu Adhikari's aide, Chandranath Rath, suspecting it was a meticulously planned contract killing. The investigation involves forensic analysis and examination of potential interstate criminal links.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com3 days ago

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

Iran's offer 'piece of garbage', truce on 'massive life support': Trump

Iran's offer 'piece of garbage', truce on 'massive life support': Trump

Rediff.com3 days ago

Donald Trump has dismissed the ceasefire with Iran as being on 'massive life support', signalling continued tensions between the US and Iran amid ongoing negotiations.

BSE Q4 Results 2026: Profit Jumps 61%, Revenue Soars 85%, Rs 10 Dividend Announced

BSE Q4 Results 2026: Profit Jumps 61%, Revenue Soars 85%, Rs 10 Dividend Announced

Rediff.com7 days ago

Leading stock exchange BSE Ltd announced a 61 per cent increase in consolidated net profit to Rs 795.47 crore for the March quarter, driven by higher income, and reported its highest-ever performance in its 150-year history for the full financial year 2025-26.

British Sikh Runners Raise Thousands At London Marathon

British Sikh Runners Raise Thousands At London Marathon

Rediff.com27 Apr 2026

Two British Sikh runners, Baldev Singh Bains and Manny Singh Kang, participated in the 2026 London Marathon, raising thousands of pounds for charity. Bains ran in memory of Fauja Singh, aiming to fund a community sports club, while Kang raised money for Dementia UK.

Don't keep saying 'by the inspiration of CM': Suvendu to officials

Don't keep saying 'by the inspiration of CM': Suvendu to officials

Rediff.com4 days ago

West Bengal Chief Minister Shuvendu Adhikari has directed senior officials to ensure transparency, accountability, and strict adherence to rules in governance. He emphasised the importance of honest opinions and actions for the state's development, urging officials to restart stalled centrally sponsored schemes and implement promises from the BJP's election manifesto.

ED Returns 63,000 Crore To Victims Of Financial Crimes

ED Returns 63,000 Crore To Victims Of Financial Crimes

Rediff.com3 days ago

The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.

ED Intensifies Probe, Attaches 3,034 Crore In Reliance Group Case

ED Intensifies Probe, Attaches 3,034 Crore In Reliance Group Case

Rediff.com28 Apr 2026

The Enforcement Directorate has attached fresh assets worth Rs 3,034 crore as part of its ongoing money laundering probe against the Reliance Anil Ambani Group (RAAG) companies.

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Rediff.com6 days ago

A 62-year-old Indian-origin man, now a US citizen, faces denaturalisation proceedings for allegedly defrauding investors of USD 2.5 million and concealing this from US authorities.

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

Rediff.com29 Apr 2026

Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.

Ex-Corporation Promoter Arrested In Subsidy Fraud Case

Ex-Corporation Promoter Arrested In Subsidy Fraud Case

Rediff.com29 Apr 2026

A former scheduled caste promoter of the Thiruvananthapuram Corporation was arrested in connection with an alleged Rs 75 lakh subsidy fraud under a self-employment scheme for women of the marginalised community.

Odisha man who carried sister's skeleton 'forgives' bank officials

Odisha man who carried sister's skeleton 'forgives' bank officials

Rediff.com3 May 2026

Jeetu Munda, who carried his sister's skeleton to a bank in Odisha to withdraw money, has stated he does not want action taken against the bank officials after they released the funds. He received approximately Rs 15 lakh in donations following the incident.

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Rediff.com30 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.