News for 'government funds'

CBI Raids Multiple Locations In Haryana Bank Scam Case

CBI Raids Multiple Locations In Haryana Bank Scam Case

Rediff.com15 May 2026

The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.

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.

Why Congress Is Suspicious About CJP

Why Congress Is Suspicious About CJP

Rediff.com22 Jul 2026

A Congress spokesperson, quoted in media reports, summed up the party's thinking by saying, 'Whenever BJP is in trouble on the ground, a new 'apolitical' or 'alternative' party appears with the same ideology and the same backers.'

25 Year Old Building India's Spaceplane

25 Year Old Building India's Spaceplane

Rediff.com13 Jul 2026

'ISRO is planning to build a Bharatiya Antariksh Station by 2030. So, our goal is to create a vehicle that can supply modules to the Bharatiya Antariksh Station and bring the products back.'

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Rediff.com5 days ago

FIFA President Gianni Infantino is facing a deepening crisis after his proposal to sell a stake in the World Cup was abandoned, leading to public distancing from influential executives and calls for his removal from office.

Mumbai Officer Arrested in Bribery Case Involving Development Funds

Mumbai Officer Arrested in Bribery Case Involving Development Funds

Rediff.com5 Apr 2026

A Section Officer from Mantralaya, Mumbai, was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 6.37 lakh to approve development funds.

'People gravitate towards power': Rebel Uddhav MP Omprakash defends switch

'People gravitate towards power': Rebel Uddhav MP Omprakash defends switch

Rediff.com22 Jun 2026

Rebel Shiv Sena-Uddhav Balasaheb Thackeray MP Omprakash Rajenimbalkar has justified his crossover to the ruling Shiv Sena, saying if the people are gravitating towards power, he is merely following the trend.

'Certain elements' in Israeli govt want war to continue 'indefinitely': Vance

'Certain elements' in Israeli govt want war to continue 'indefinitely': Vance

Rediff.com16 Jul 2026

US Vice President JD Vance has accused 'certain elements' within the Israeli government of attempting to manipulate American public opinion to prolong the conflict with Iran 'indefinitely', according to a Wall Street Journal report.

Infantino's FIFA future in jeopardy after World Cup stake sale gamble backfires

Infantino's FIFA future in jeopardy after World Cup stake sale gamble backfires

Rediff.com1 Aug 2026

FIFA President Gianni Infantino's ambitious plan to sell a 20% stake in a commercial entity managing the World Cup and other tournaments to private investors has been abandoned following widespread opposition, including a boycott threat from UEFA.

Dharmendra Pradhan's Resignation: First Crack In Modi's Fortress?

Dharmendra Pradhan's Resignation: First Crack In Modi's Fortress?

Rediff.com30 Jul 2026

Dharmendra Pradhan's resignation is significant because it punctures, however slightly, the perception that the Modi government never retreats under pressure. Every long-serving government eventually reaches a point where every institutional failure is identified with the leader himself. Removing the minister may have prevented that political burden from falling directly on Modi. Whether it also resolves the underlying crisis is another matter, notes Ramesh Menon.

Indigenous Turbojet Boosts India's Defence Ambitions

Indigenous Turbojet Boosts India's Defence Ambitions

Rediff.com6 days ago

Built as an expendable, short-duration turbojet engine for single-mission applications, it can power tactical cruise missiles, anti-ship missiles, and long-range loitering munitions.

New Venture Targets Gig Worker Welfare

New Venture Targets Gig Worker Welfare

Rediff.com27 Jul 2026

The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.

Cauvery issue escalates as TN minister rejects all-party meet; targets Oppn

Cauvery issue escalates as TN minister rejects all-party meet; targets Oppn

Rediff.com7 days ago

Tamil Nadu Minister C T R Nirmal Kumar has rejected calls for an all-party meeting to discuss the ongoing Cauvery water dispute with Karnataka, citing a previously passed unanimous resolution in the Assembly. He accused DMK and Karnataka CM D K Shivakumar of working against Tamil Nadu's interests and criticised the DMK's "hasty" Supreme Court petition.

Odisha Government Honours Para Archer Payal Nag For World Series Win

Odisha Government Honours Para Archer Payal Nag For World Series Win

Rediff.com29 May 2026

The Odisha government felicitated para archer Payal Nag for winning two gold medals at the World Para Archery Series 2026 in Bangkok and qualifying for the Para Asian Games. She received a cash award and funds for sports equipment.

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Rediff.com29 May 2026

West Bengal Chief Minister Suvendu Adhikari announced the state government will move the Supreme Court to vacate the stay on a CBI probe into the alleged Gorkhaland Territorial Administration teacher recruitment scam. The decision follows complaints of corruption and illegal teacher recruitment within the GTA.

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.com26 Jun 2026

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.

Ex-Kotak Mahindra Executive Arrested In Rs 145 Cr Panchkula Fraud

Ex-Kotak Mahindra Executive Arrested In Rs 145 Cr Panchkula Fraud

Rediff.com1 Jun 2026

The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Rediff.com27 Jul 2026

The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

SC seeks SIT status report on Ayodhya donation 'theft'

SC seeks SIT status report on Ayodhya donation 'theft'

Rediff.com13 Jul 2026

The Supreme Court has directed the Uttar Pradesh government's Special Investigation Team (SIT) to submit a status report on the alleged embezzlement of donation money at the Ram temple in Ayodhya. The court also issued notice to the Shri Ram Janmabhoomi Teerth Kshetra Trust following pleas for a fair and time-bound probe, including demands for a CBI investigation and a CAG audit of the temple trust's finances.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

EPFO to credit 8.25% PF interest by July 15 to 34 crore members

EPFO to credit 8.25% PF interest by July 15 to 34 crore members

Rediff.com9 Jul 2026

The Employees' Provident Fund Organisation (EPFO) is set to credit the 8.25 per cent interest on provident funds for FY26 to 34 crore member accounts by July 15, enabled by its new centralised IT system (CITES). This upgrade promises enhanced operational efficiency, transparent services, and easier access to PF details and claims for members.

AITA President Parikh Accuses Court-Appointed Administrator Of Financial Exploitation

AITA President Parikh Accuses Court-Appointed Administrator Of Financial Exploitation

Rediff.com25 Jul 2026

Interim All India Tennis Association (AITA) President Chintan Parikh has accused court-appointed administrator Justice (Retd.) Gita Mittal of financial exploitation and procedural bias, alleging that her actions are draining the sports body's finances and compromising its autonomy.

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.

Olympic Medallist Vijender Singh Seeks Ministry Support For Haryana Boxing Academy

Olympic Medallist Vijender Singh Seeks Ministry Support For Haryana Boxing Academy

Rediff.com22 Jul 2026

Indian boxing icon Vijender Singh is planning to establish a boxing academy in his ancestral village of Kaluwas, Bhiwani, and has sought financial assistance from the Sports Ministry.

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.

Ladakh to get autonomous hill councils in all 7 districts under Art 371

Ladakh to get autonomous hill councils in all 7 districts under Art 371

Rediff.com13 Jul 2026

The Union Territory administration in Ladakh has announced the establishment of an Autonomous Hill Development Council (AHDC) for each of its seven districts, significantly expanding democratic decentralisation. This move extends elected local self-governance beyond Leh and Kargil, with a proposed Union Territory-level body under a customised Article 371 framework to oversee these councils.

Amit Shah ordered use of force against students, he must quit: Dipke

Amit Shah ordered use of force against students, he must quit: Dipke

Rediff.com30 Jul 2026

Cockroach Janta Party (CJP) founder Abhijeet Dipke has demanded Union Home Minister Amit Shah's resignation, alleging that orders to use force against students during the July 20 "Sansad Chalo" march over the NEET exam paper leak must have come from Shah himself. Dipke also criticised the appointment of Pralhad Joshi as the new Education Minister and dismissed Yoga guru Ramdev's comments on Gen Z.

NEET protest: SC to hear pleas on pellet firing on Aug 3

NEET protest: SC to hear pleas on pellet firing on Aug 3

Rediff.com28 Jul 2026

The Supreme Court on Tuesday agreed to hear pleas filed by a former IPS officer and two persons, who claimed to have been injured by pellet guns fired during the Cockroach Janata Party (CJP)-led students' protest on NEET paper leaks.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Rediff.com23 Jul 2026

India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.

Education Loans: What You Must Know

Education Loans: What You Must Know

Rediff.com31 Jul 2026

Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

AI-171 crash: Families pursue legal avenues to get black box data

AI-171 crash: Families pursue legal avenues to get black box data

Rediff.com20 Jul 2026

Families of the AI-171 crash victims are demanding the release of black box data and cockpit voice recorder transcripts, questioning the Aircraft Accident Investigation Bureau's (AAIB) decision to withhold this crucial information while promising only a final probe report.

EPFO Interest Credit: What You Should Know

EPFO Interest Credit: What You Should Know

Rediff.com20 Jul 2026

Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

Rediff.com20 Jul 2026

The Supreme Court on Monday asked the Uttar Pradesh government to apprise it about the possibility of setting up an SIT to probe the alleged embezzlement of donations at the Ram temple in Ayodhya and cautioned the litigants not to politicise the issue.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

CJP Protest: The Rise Of Fearless Youth

CJP Protest: The Rise Of Fearless Youth

Rediff.com23 Jul 2026

On camera, youngsters gave their names, where they'd come from, where they were studying or working - and then proceeded to criticize Modi. On camera, they held up posters mocking Modi, points out Jyoti Punwani.

Ram temple theft: 'Important documents' found in accused's house

Ram temple theft: 'Important documents' found in accused's house

Rediff.com15 Jul 2026

The police sealed the room in the rented house of the accused. The police have taken the DVR of the CCTV camera installed at Mishra's rented house into their custody, official sources said.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.