News for 'government funds'

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.

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.

Kashmir Police Investigate COVID-19 Funds Misappropriation

Kashmir Police Investigate COVID-19 Funds Misappropriation

Rediff.com15 hours ago

The Economic Offences Wing of Crime Branch in Kashmir conducted searches at multiple locations in Srinagar and Budgam districts concerning the alleged siphoning of government funds during the COVID-19 pandemic.

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.

Opposition Accuses Government of Lacking Energy Security Policy Amidst Rising LPG Prices

Opposition Accuses Government of Lacking Energy Security Policy Amidst Rising LPG Prices

Rediff.com17 Mar 2026

Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.

AAP Government Faces Criticism for Painting Buses in Party Colours

AAP Government Faces Criticism for Painting Buses in Party Colours

Rediff.com3 Mar 2026

Opposition parties in Punjab, including SAD and Congress, have criticised the AAP government for allegedly misusing state funds by painting state-owned buses in the colours associated with the Aam Aadmi Party.

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.

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Rediff.com7 days ago

Odisha vigilance officers arrested the parents of a previously arrested banker, along with another individual, for allegedly embezzling Rs 5.56 crore in government funds in the Jajpur district. The accused are Pradip Kumar Mohanty, his wife Gitarani Mohanty, and Bishnu Prasad Dash. The funds were fraudulently diverted over six years.

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Rediff.com1 days ago

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.

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.

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Rediff.com1 days ago

An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.

Congress Slams Kerala Government for Ads Attacking Oommen Chandy Administration

Congress Slams Kerala Government for Ads Attacking Oommen Chandy Administration

Rediff.com5 Mar 2026

The Congress party in Kerala has strongly criticised the state government's Public Relations Department (PRD) for publishing advertisements in major newspapers that highlight alleged shortcomings of the previous Oommen Chandy administration, accusing the government of misusing public funds for political gain ahead of upcoming elections.

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.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Quality Funds: Should You Invest?

Quality Funds: Should You Invest?

Rediff.com23 Feb 2026

'Long-term investors seeking sustainable gains from resilient, fundamentally strong companies may go for these funds.'

Enforcement Directorate Freezes Accounts in IDFC Bank-Linked Money Laundering Probe

Enforcement Directorate Freezes Accounts in IDFC Bank-Linked Money Laundering Probe

Rediff.com13 Mar 2026

The Enforcement Directorate has frozen 90 bank accounts following searches related to the alleged siphoning of Rs 590 crore of Haryana government funds through IDFC First Bank, involving shell companies and bogus billing for gold purchases.

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

Rediff.com7 Mar 2026

Senior BJP leader Suvendu Adhikari has accused the West Bengal government of deliberately withholding central allocations for social welfare projects, including Ayushman Bharat and PM Awas Yojana, impacting millions of citizens. He also criticised the state's handling of farmer support and public distribution systems.

Dhami Criticises TMC's Governance in West Bengal

Dhami Criticises TMC's Governance in West Bengal

Rediff.com5 Mar 2026

Uttarakhand Chief Minister Pushkar Singh Dhami criticised the Trinamool Congress' governance in West Bengal, citing issues such as increased infiltration, corruption, and atrocities against women during a rally in Hingalganj.

Healthcare Funds: Caution Advised

Healthcare Funds: Caution Advised

Rediff.com12 Feb 2026

Most first-time investors may be better served by diversified options such as flexicap or multi-cap funds, which already hold pharma and healthcare stocks.

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Rediff.com6 days ago

The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.

Roof Collapse at Pakistan Aid Centre Kills Eight Women

Roof Collapse at Pakistan Aid Centre Kills Eight Women

Rediff.com16 Mar 2026

A roof collapse at a government building in Pakistan's Punjab province has resulted in the deaths of eight women and injuries to over 30 others. The women were gathered at the building to receive financial assistance under the Benazir Income Support Programme (BISP).

Kakori Martyrs' Statues Demolished in UP, Sparking Political Fury

Kakori Martyrs' Statues Demolished in UP, Sparking Political Fury

Rediff.com2 days ago

Statues of Kakori train action martyrs demolished in Shahjahanpur, Uttar Pradesh, during road construction, triggering outrage and demands for action.

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Rediff.com9 hours ago

The Maharashtra government sanctioned over Rs 1 crore for development works at a temple linked to Ashok Kharat, a self-styled godman accused of rape, in 2018. The funds were approved under the regional tourism development scheme. Kharat was arrested on March 18 after being accused of repeated rape.

Budget 2026: What Mutual Fund Industry Wants...

Budget 2026: What Mutual Fund Industry Wants...

Rediff.com28 Jan 2026

Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.

Five Booked for Alleged Land Fraud in Thane Using Forged Documents

Five Booked for Alleged Land Fraud in Thane Using Forged Documents

Rediff.com13 Mar 2026

Police in Thane have registered a case against five individuals, including a former government employee, for allegedly transferring state-owned land using forged documents. The accused are said to have misled the registrar's office and used outdated land records to illegally transfer plots in Shahpur taluka.

J-K Anti-Corruption Bureau probes alleged ration fraud in Reasi district

J-K Anti-Corruption Bureau probes alleged ration fraud in Reasi district

Rediff.com2 days ago

The Jammu and Kashmir Anti-Corruption Bureau has registered a case against a former tehsil supply officer and others for alleged misappropriation of government ration and funds in the Reasi district.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com4 days ago

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

Outrage in UP's Shahjahanpur as statues of Kakori martyrs razed

Outrage in UP's Shahjahanpur as statues of Kakori martyrs razed

Rediff.com2 days ago

The demolition of statues honouring Kakori train action martyrs in Uttar Pradesh has ignited a political firestorm, prompting outrage and demands for accountability.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com1 days ago

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

Panchkula Civic Body Detects Major Discrepancies in Fixed Deposits

Panchkula Civic Body Detects Major Discrepancies in Fixed Deposits

Rediff.com2 days ago

The Panchkula Municipal Corporation has reported discrepancies in its Fixed Deposit Receipts (FDRs) with a private bank, amounting to approximately 150 crore. The matter has been reported to the State Vigilance for further investigation.

Why Kashmiris Are Donating Gold, Money For Iran

Why Kashmiris Are Donating Gold, Money For Iran

Rediff.com1 days ago

'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.'

Sports Ministry Sets Stricter Criteria for Asian Games Coaches

Sports Ministry Sets Stricter Criteria for Asian Games Coaches

Rediff.com13 hours ago

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.

Abhishek Banerjee Slams BJP Over Electoral Roll Deletions

Abhishek Banerjee Slams BJP Over Electoral Roll Deletions

Rediff.com9 hours ago

Trinamool Congress leader Abhishek Banerjee has accused the BJP government of conspiring against Indian citizens by deleting names from electoral rolls and diverting attention from core issues.

Kakori Martyrs' Statues Demolished in UP, Sparking Protests

Kakori Martyrs' Statues Demolished in UP, Sparking Protests

Rediff.com2 days ago

Statues of Kakori train action martyrs were allegedly demolished during road beautification work in Shahjahanpur, Uttar Pradesh, leading to widespread protests and an FIR being filed against the responsible company.

Kakori Martyrs' Statues Demolished in UP, Sparking Political Fury

Kakori Martyrs' Statues Demolished in UP, Sparking Political Fury

Rediff.com2 days ago

Statues of Kakori train action martyrs in Shahjahanpur, Uttar Pradesh, were allegedly demolished during road beautification work, sparking outrage and demands for action against those responsible.

Punjab CM Accuses Centre of 'VIP Treatment' to Gangster Lawrence Bishnoi

Punjab CM Accuses Centre of 'VIP Treatment' to Gangster Lawrence Bishnoi

Rediff.com16 Mar 2026

Punjab Chief Minister Bhagwant Mann has accused the central government of providing 'VIP treatment' to gangster Lawrence Bishnoi, criticising perceived double standards in dealing with crime.

Statues of Kakori martyrs razed in UP, FIR filed

Statues of Kakori martyrs razed in UP, FIR filed

Rediff.com2 days ago

The demolition of statues of Kakori train action martyrs in Shahjahanpur, Uttar Pradesh, has sparked widespread outrage and political condemnation, leading to an FIR and government action.

India Boosts Disaster Relief: Centre Approves 1,912 Crore Aid

India Boosts Disaster Relief: Centre Approves 1,912 Crore Aid

Rediff.com13 Mar 2026

The central government has approved additional financial assistance of 1,912.99 crore to five states and the Union Territory of Jammu and Kashmir, which were affected by various natural disasters in 2025.

TMC to Connect with Voters in SC/ST-Majority Areas

TMC to Connect with Voters in SC/ST-Majority Areas

Rediff.com2 Mar 2026

The Trinamool Congress (TMC) has announced a 60-day mass outreach program targeting Scheduled Caste and Scheduled Tribe-majority assembly constituencies in West Bengal, accusing the BJP of depriving the state of funds and disrespecting marginalized communities.