News for 'government funds'

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com20 Jul 2026

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

Ex-Employees Accused Of Fraud In Government Tenders

Ex-Employees Accused Of Fraud In Government Tenders

Rediff.com1 May 2026

Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Claude AI Now More Accessible With Rupee Pricing In India

Claude AI Now More Accessible With Rupee Pricing In India

Rediff.com14 Jul 2026

Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

Uddhav claims silver bricks donated by Sena to Ram temple 'stolen'

Uddhav claims silver bricks donated by Sena to Ram temple 'stolen'

Rediff.com27 Jun 2026

Shiv Sena (UBT) chief Uddhav Thackeray criticised the BJP, accusing it of betraying Hindus by allegedly embezzling donations for the Ram temple in Ayodhya. He vowed to lead protests for "BJP-mukt Ram" and questioned the BJP's Hindutva, calling it a "Pakistan Janata Party" for its alleged party-splitting tactics and questioning citizenship. Thackeray also targeted rebel MPs, including Sanjay Deshmukh, for their defection.

Govt Ratifies 8.25% EPF Interest for FY'26, Credit Expected This Month

Govt Ratifies 8.25% EPF Interest for FY'26, Credit Expected This Month

Rediff.com18 Jun 2026

The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

NIA charges Shabir Ahmad Shah among 6 separatists in Srinagar violence case

NIA charges Shabir Ahmad Shah among 6 separatists in Srinagar violence case

Rediff.com10 Jul 2026

The National Investigation Agency (NIA) on Friday filed a charge sheet against six Kashmiri separatist leaders, including Shabir Ahmad Shah, for allegedly instigating large-scale mob violence against police personnel during the funeral procession of a slain terrorist in Srinagar nearly three decades ago.

DMK politicised Karur stampede, says CM Vijay; announces victims' memorial

DMK politicised Karur stampede, says CM Vijay; announces victims' memorial

Rediff.com10 Jul 2026

Tamil Nadu Chief Minister C Joseph Vijay has criticised the DMK for allegedly trying to gain 'political mileage' from the 2025 Karur stampede that killed 41 people, and also faulted the police for failing to alert him about the swelling crowd or cancelling the event.

Raids conducted at accused's homes in Ram Temple donation scam; money recovered

Raids conducted at accused's homes in Ram Temple donation scam; money recovered

Rediff.com28 Jun 2026

Ayodhya Police conducted simultaneous raids at the residences of eight individuals arrested in connection with the alleged embezzlement of donations at the Ram Temple. The raids followed their remand to judicial custody, with police expected to seek custodial remand. The accused were involved in counting donations, and investigators have recovered Rs 79.85 lakh so far in a case registered under various sections including the Prevention of Corruption Act.

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Rediff.com29 Apr 2026

Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.

MEA's Rare Toshakhana Auction Ends June 30

MEA's Rare Toshakhana Auction Ends June 30

Rediff.com27 Jun 2026

Items include luxury watches, jewellery, carpets, shawls, silverware and collectible artefacts with bidding prices reaching up to Rs 20 lakh.

Ram Temple donation probe: FIR alleges criminal conspiracy

Ram Temple donation probe: FIR alleges criminal conspiracy

Rediff.com26 Jun 2026

Ayodhya Police have taken Ram Shankar Yadav into custody following an FIR alleging embezzlement of donations at the Ram Janmabhoomi Temple. The complaint, lodged by a member of the Shri Ram Janmabhoomi Teerth Kshetra Trust, names nine individuals and others for systematic theft and misappropriation of funds. A Special Investigation Team (SIT) was formed, and its preliminary findings led to the FIR. Chief Minister Yogi Adityanath has vowed a 'zero-tolerance' policy and urged evidence submission to the SIT.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

Indian-Origin Founders Build Global Space Exchange

Indian-Origin Founders Build Global Space Exchange

Rediff.com3 Jul 2026

Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.

Wait for a year, Ram temple thieves will get cancer: BJP MLA

Wait for a year, Ram temple thieves will get cancer: BJP MLA

Rediff.com1 Jul 2026

A BJP MLA from Unnao, Anil Singh, has sparked controversy after a video showed him stating that those who embezzled donations from the Ram temple in Ayodhya would suffer from cancer and die painfully. His remarks come amidst a political row over alleged misappropriation of funds, leading to arrests and opposition criticism.

Ayodhya service complete, won't serve anymore: Champat Rai amid Ram mandir row

Ayodhya service complete, won't serve anymore: Champat Rai amid Ram mandir row

Rediff.com2 Jul 2026

Senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary Champat Rai has reportedly resigned, stating his "service in Ayodhya is complete" due to the donation embezzlement controversy. He feels "betrayed," and his future, along with that of Trust member Anil Mishra, will be decided at a July 6 meeting. The controversy began with allegations from Samajwadi Party chief Akhilesh Yadav, leading to an SIT investigation, arrests, and Rai's resignation offer.

Hyderabad sees high-voltage drama as Cong ministers, BRS leaders lock horns

Hyderabad sees high-voltage drama as Cong ministers, BRS leaders lock horns

Rediff.com2 Jul 2026

A high drama unfolded in Hyderabad on Thursday as ministers of the Congress government arrived at the Telangana Martyrs' Memorial to engage in a public debate with the opposition Bharat Rashtra Samithi leaders over allegations of scams and debt accumulation that both the ruling and opposition parties have raised against each other.

Operative behind Ram temple recce among 23 designated as terrorists

Operative behind Ram temple recce among 23 designated as terrorists

Rediff.com4 Jul 2026

The Union Home Ministry has designated 23 individuals based in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK) as terrorists under the Unlawful Activities (Prevention) Act (UAPA) for their involvement in infiltration, recruitment, logistics, financing, and operational planning targeting India.

Kerala's PM SHRI Scheme: LDF Accuses UDF Of Misinformation And Double Standards

Kerala's PM SHRI Scheme: LDF Accuses UDF Of Misinformation And Double Standards

Rediff.com8 Jun 2026

Senior CPI(M) leader V Sivankutty has criticised the Kerala UDF government for allegedly spreading misinformation about the Centre's PM SHRI scheme and attempting to implement it despite earlier opposition. He clarified that the previous LDF government froze the agreement over concerns about the National Education Policy and that funds received were not for PM SHRI. The scheme continues to be a politically contentious issue in the state.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

Who Will Lord Ram Bestow His Blessings On In UP Polls?

Who Will Lord Ram Bestow His Blessings On In UP Polls?

Rediff.com9 Jul 2026

The monsoon session of Parliament will set the tone for how the Hindu community feels about what happened at the Ram Mandir. Whether emotions will be stirred within the voters of India lies solely at the oratory skills of the Congressis and Samajwadis, notes Zainab Sikander.

Ex-Beed Collector Remanded In Custody Over Land Scam

Ex-Beed Collector Remanded In Custody Over Land Scam

Rediff.com8 May 2026

Former Beed district collector Avinash Pathak has been remanded in police custody in connection with an alleged Rs 241 crore land acquisition and compensation scam.

'Bank borrowings to dominate NBFC funding mix in FY27'

'Bank borrowings to dominate NBFC funding mix in FY27'

Rediff.com16 Apr 2026

CRISIL Ratings predicts that the share of bank loans in NBFCs' overall borrowings will increase to 44-45 per cent by FY27, driven by elevated bond yields and softening bank lending rates.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com23 Jun 2026

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

Nirmala Sitharaman Alleges TMC Government Obstructing Central Welfare Schemes in West Bengal

Nirmala Sitharaman Alleges TMC Government Obstructing Central Welfare Schemes in West Bengal

Rediff.com15 Apr 2026

Union Finance Minister Nirmala Sitharaman has accused the TMC government in West Bengal of preventing the implementation of central welfare schemes, depriving the state's residents of benefits such as Ayushman Bharat and PM Kisan.

Farmer gets alert for 1-paisa as PM-Kisan payout, govt calls it 'glitch'

Farmer gets alert for 1-paisa as PM-Kisan payout, govt calls it 'glitch'

Rediff.com30 Jun 2026

A farmer in Maharashtra received a message indicating a one-paisa credit instead of the expected Rs 2,000 under the PM-Kisan scheme, causing confusion. The Agriculture Department later clarified it was a technical error and the full instalment had been successfully processed.

Gujarat ATS busts Jaish terror network, nabs 8 members

Gujarat ATS busts Jaish terror network, nabs 8 members

Rediff.com3 Jul 2026

Gujarat's Anti-Terrorist Squad (ATS) has arrested eight alleged members of the Pakistan-based terror outfit Jaish-e-Mohammed (JeM), including two teenagers, for attempting to establish an active terror network across Gujarat and Madhya Pradesh. The accused face charges under the Unlawful Activities (Prevention) Act and Bharatiya Nyaya Sanhita.

'Future Attacks Are Going To Be Autonomously Run By AI'

'Future Attacks Are Going To Be Autonomously Run By AI'

Rediff.com6 Jul 2026

''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'

NBFCs show strong Q4, but near-term outlook remains cautious

NBFCs show strong Q4, but near-term outlook remains cautious

Rediff.com4 Jul 2026

Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.

'Loyalty up for sale': Aaditya hits out at 'greedy' MPs

'Loyalty up for sale': Aaditya hits out at 'greedy' MPs

Rediff.com22 Jun 2026

Aaditya Thackeray has vehemently condemned six rebel MPs, asserting that their "greed" led them to betray the voters' mandate for the INDIA bloc.

TMC Leader Banerjee Criticises Modi Government's Economic Policies

TMC Leader Banerjee Criticises Modi Government's Economic Policies

Rediff.com3 Apr 2026

Senior TMC leader Abhishek Banerjee criticised the Modi government's economic policies, citing rising prices and hardships caused by demonetisation and lockdown measures during an election rally in West Bengal.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com1 Jul 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Ram Temple donation probe: Security guards under scanner

Ram Temple donation probe: Security guards under scanner

Rediff.com30 Jun 2026

The investigation into alleged embezzlement of donations at the Ram temple in Ayodhya has broadened to include private security personnel. Around 400 guards are under scrutiny for their roles in managing entry, exit, and offerings, with police examining duty records, CCTV footage, and potential negligence or complicity in theft. This follows the arrest of eight individuals and the resignation of two trust members after a Special Investigation Team was formed.

Brahmin Discontent May Reshape UP Politics

Brahmin Discontent May Reshape UP Politics

Rediff.com2 Jul 2026

A caste recalibration is simmering just below the surface in UP.

At least 164 killed, around 1,000 hurt as quakes rock Venezuela

At least 164 killed, around 1,000 hurt as quakes rock Venezuela

Rediff.com25 Jun 2026

At least 32 people have been killed and over 700 injured after two powerful earthquakes struck western Venezuela, with Acting President Delcy Rodriguez declaring La Guaira a disaster zone and warning the death toll is expected to rise as rescue operations continue.

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.

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.