News for 'government funds'

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.

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.

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.

UP Government Provides Financial Aid To Murder Victim's Family

UP Government Provides Financial Aid To Murder Victim's Family

Rediff.com31 May 2026

The Uttar Pradesh government has provided financial assistance to the family of a man who was murdered in Baghpat district. The family received Rs 5 lakh from the Chief Minister Relief Fund following instructions from Chief Minister Yogi Adityanath.

Why Hooda wants Haryana to host CWG 2030

Why Hooda wants Haryana to host CWG 2030

Rediff.com5 days ago

Congress MP Deepender Hooda has urged the central government to consider Haryana as the host or co-host for the 2030 Commonwealth Games, citing the state's significant contribution to India's medal tally in major competitions.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com1 days ago

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

Chautala Slams Haryana Government Over Crop Procurement Failures

Chautala Slams Haryana Government Over Crop Procurement Failures

Rediff.com10 Apr 2026

Former Haryana deputy chief minister Dushyant Chautala has criticised the state government for failing to ensure proper crop procurement arrangements and timely compensation for farmers affected by unseasonal rain.

Vijay's government to hold social justice survey, move court for financial devolution

Vijay's government to hold social justice survey, move court for financial devolution

Rediff.com18 Jun 2026

Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.

BIS to scale up silver hallmarking, expand lab network amid rising demand

BIS to scale up silver hallmarking, expand lab network amid rising demand

Rediff.com12 hours ago

The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.

Kashmir Police Investigate COVID-19 Funds Misappropriation

Kashmir Police Investigate COVID-19 Funds Misappropriation

Rediff.com26 Mar 2026

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.

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.

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

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

Rediff.com24 Jun 2026

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

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

Rediff.com3 days ago

Mizoram Chief Minister Lalduhoma met Union Home Minister Amit Shah regarding the Foreign Contribution (Regulation) Amendment Bill, 2026. Shah assured that the bill would not be retrospective. Various church and minority organisations have expressed concerns about the bill's impact on NGOs, schools, and healthcare units, urging its withdrawal or referral to a joint parliamentary committee.

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

Rediff.com30 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup highlights the intricate balance of power in global football, where the governing body's authority is often challenged by the significant commercial strength of UEFA, particularly in Europe.

Cooperative Official Arrested In Odisha For Embezzlement

Cooperative Official Arrested In Odisha For Embezzlement

Rediff.com30 May 2026

Odisha Vigilance arrested a cooperative official, Patitapaban Majhi, for allegedly misappropriating over Rs 33 lakh in government funds during his tenure at the Garhsantri Service Co-operative Society.

6,562 EV Chargers Approved, None Installed Yet

6,562 EV Chargers Approved, None Installed Yet

Rediff.com4 days ago

While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

Rediff.com9 Apr 2026

The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.

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.

Jordan FA President alleges FIFA offered help for Infantino endorsement

Jordan FA President alleges FIFA offered help for Infantino endorsement

Rediff.com5 days ago

Jordan Football Association President Ali bin Hussein has publicly accused FIFA President Gianni Infantino of 'blackmail', alleging that FIFA offered to resolve the kingdom's football problems in exchange for his endorsement, a claim FIFA has been contacted about for comment.

FIFA's $20 Billion Subsidiary Plan for World Cup Draws UEFA's Fury

FIFA's $20 Billion Subsidiary Plan for World Cup Draws UEFA's Fury

Rediff.com29 Jul 2026

FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.

Can FIFA's small nations save Infantino's presidency?

Can FIFA's small nations save Infantino's presidency?

Rediff.com6 days ago

Gianni Infantino's bid for a fourth term as FIFA president faces challenges from traditional football powers, but his strategy relies heavily on the support of smaller, emerging nations that benefit significantly from FIFA's development grants.

FIFA U-turn! Infantino scraps World Cup stake sale

FIFA U-turn! Infantino scraps World Cup stake sale

Rediff.com1 Aug 2026

FIFA President Gianni Infantino announced on Friday that the world soccer's governing body has abandoned its controversial plans to sell a stake in the World Cup to private investors, following widespread backlash from major confederations and internal dissent.

Why Bangladesh Matters For India's Future

Why Bangladesh Matters For India's Future

Rediff.com28 Jul 2026

For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

Players' Union Slams FIFA's 'Disturbing' $20 Billion World Cup Investment Plan

Players' Union Slams FIFA's 'Disturbing' $20 Billion World Cup Investment Plan

Rediff.com30 Jul 2026

Australia's players union has joined global criticism of FIFA's proposal to bring private investors into the World Cup and other events, citing a lack of transparency and pressure on member associations to approve the $20 billion plan.

FIDE's AICF Nomination Stirs Hornet's Nest

FIDE's AICF Nomination Stirs Hornet's Nest

Rediff.com25 Jul 2026

FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Rediff.com30 Jul 2026

'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'

Centre Keeps FY27 Fiscal Deficit Tight

Centre Keeps FY27 Fiscal Deficit Tight

Rediff.com1 Aug 2026

The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.

Why FIFA's $20B Plan Has UEFA Up in Arms

Why FIFA's $20B Plan Has UEFA Up in Arms

Rediff.com29 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."

FIFA Chief Gianni Infantino Faces Leadership Crisis After World Cup Rights U-Turn

FIFA Chief Gianni Infantino Faces Leadership Crisis After World Cup Rights U-Turn

Rediff.com7 days ago

UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.

F1's surprise move! Bahrain GP heads to Malaysia

F1's surprise move! Bahrain GP heads to Malaysia

Rediff.com26 Jul 2026

Malaysia's Sepang circuit will host the rescheduled 'Gulf Air Bahrain Grand Prix in Malaysia' on October 4, Formula One announced, stepping in after the original April races in Bahrain and Saudi Arabia were cancelled due to the Iran war and Middle East situation.

16 Indians killed in Middle East conflict this year, 75 injured: Govt

16 Indians killed in Middle East conflict this year, 75 injured: Govt

Rediff.com31 Jul 2026

Since the outbreak of conflict in the Middle East, 16 Indian nationals, including 10 seafarers, have lost their lives, and 75 have been injured. Separately, 30 Indian nationals were among 52 individuals arrested and deported by US Border Patrol during 'Operation Checkmate' for allegedly being in the United States illegally.

Sweeping changes in education system: Students' demands from new minister

Sweeping changes in education system: Students' demands from new minister

Rediff.com26 Jul 2026

Following the change in the Education ministry, students involved in the CJP protests express hope for significant reforms. Their key demands include greater transparency in the exam system, affordable and quality education, and improved government schools, highlighting the widespread desire for a more equitable and effective education system in India.

UK anti-migrant protests turn violent; protesters bite, spit at police

UK anti-migrant protests turn violent; protesters bite, spit at police

Rediff.com2 days ago

A UK police force said on Friday that its officers have been tackling serious violence, including being bitten and spat at by protesters, over days of anti-migrant clashes at a town in eastern England.

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

Rediff.com7 days ago

The Congress on Sunday launched a scathing attack on the Bharatiya Janata Party over the alleged theft of donations at the Ram temple in Ayodhya, saying not everyone in the BJP is a "chhanda chor" but all the "chhanda chors" are in the ruling party.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com4 days ago

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

Rediff.com13 Jul 2026

The Comptroller and Auditor General (CAG) has identified significant financial irregularities in the Maharashtra government's flagship Ladki Bahin scheme, including an excess expenditure of Rs 3,541.16 crore and the parking of Rs 15,586 crore in Virtual Personal Deposit Accounts (VPDAs) without immediate need. The report highlights deficiencies in budget estimation and financial management, recommending realistic fund assessments and strict adherence to expenditure needs.

Assam flood death toll touches 75; over 3.3 lakh affected

Assam flood death toll touches 75; over 3.3 lakh affected

Rediff.com29 Jul 2026

Assam's flood death toll has climbed to 75 with seven new fatalities, even as the number of affected people decreased. The state government has increased the ex gratia payment to Rs 9 lakh per deceased family and relaxed norms for claiming compensation, including waiving mandatory post-mortem reports.