News for 'income'

Father-Daughter Duo Busted In Rs 5.3 Crore Government Job Scam

Father-Daughter Duo Busted In Rs 5.3 Crore Government Job Scam

Rediff.com8 Jun 2026

A father and daughter have been arrested in Bengaluru for allegedly defrauding over 40 job seekers of more than Rs 5.30 crore by promising them government jobs through fake connections and training centres.

What Jawaharlal Nehru Did for India

What Jawaharlal Nehru Did for India

Rediff.com16 Jun 2026

Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.

Odisha Vigilance Arrests Engineer After Unearthing Crores In Assets

Odisha Vigilance Arrests Engineer After Unearthing Crores In Assets

Rediff.com7 Jun 2026

The Odisha Vigilance has arrested Baikuntha Nath Behera, an assistant executive engineer, for possessing disproportionate assets worth crores, including over Rs 2 crore in cash, multiple properties, and gold jewellery. The arrest followed raids that uncovered extensive wealth, with some lockers yet to be opened.

US hits Iran's Qeshm Island; Tehran targets Kuwait, Bahrain

US hits Iran's Qeshm Island; Tehran targets Kuwait, Bahrain

Rediff.com3 Jun 2026

The United States military and Kuwaiti air defence forces successfully intercepted multiple Iranian ballistic missile and drone attacks targeting Kuwait and Bahrain, with Iran's state broadcaster claiming American military installations in Kuwait were deliberately targeted.

Kerala High Court Adjourns CMRL Appeal In ED Case

Kerala High Court Adjourns CMRL Appeal In ED Case

Rediff.com1 Jun 2026

The Kerala High Court has admitted an appeal by CMRL against a single-judge verdict allowing the ED to continue its money laundering investigation into the company's dealings with Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan.

Shun arrogance, follow law: Priyank Kharge fires fresh salvo at RSS

Shun arrogance, follow law: Priyank Kharge fires fresh salvo at RSS

Rediff.com16 Jun 2026

Karnataka Home Minister Priyank Kharge has intensified his demand for the RSS to register itself and disclose its financial dealings, arguing that the organisation cannot wield significant social and political influence while simultaneously claiming no political agenda and evading public accountability. Kharge's remarks follow RSS chief Mohan Bhagwat's rejection of such calls, with Bhagwat asserting the organisation is neither secretive nor operating outside public scrutiny.

Gold Worth 9.17 Crore Seized In Chhattisgarh

Gold Worth 9.17 Crore Seized In Chhattisgarh

Rediff.com18 May 2026

Police in Chhattisgarh's Mahasamund district seized 7.5 kilograms of gold worth Rs 9.17 crore from a car. The occupants of the car could not provide satisfactory answers about the gold's origin or produce relevant documentation.

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com31 May 2026

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

Vigilance Busts Kerala Doctor For Dual Practice

Vigilance Busts Kerala Doctor For Dual Practice

Rediff.com5 Jun 2026

Vigilance officials in Kerala have uncovered a case where a government doctor was allegedly engaged in private practice while also receiving a non-practising allowance. The doctor, an associate professor, was found earning an additional Rs 7 lakh monthly from a private hospital, alongside his Rs 3 lakh government salary. This discovery is part of a wider crackdown, with nearly 200 doctors under surveillance.

'Money Makes A Huge Difference In A Marriage'

'Money Makes A Huge Difference In A Marriage'

Rediff.com18 Jun 2026

Bengaluru-based Priyanka* reveals how resuming her career and becoming financially independent taught her to feel confident about herself.

RBI's forex gains jump 52% in FY26, balance sheet swells

RBI's forex gains jump 52% in FY26, balance sheet swells

Rediff.com30 May 2026

The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.

CMRL challenges ED probe into Pinarayi Vijayan's daughter's case

CMRL challenges ED probe into Pinarayi Vijayan's daughter's case

Rediff.com30 May 2026

Cochin Minerals and Rutile Ltd (CMRL) has challenged the Kerala High Court's decision allowing the Enforcement Directorate (ED) to investigate its financial dealings with Veena T, daughter of Kerala's Chief Minister Pinarayi Vijayan. CMRL argues the ED probe lacks jurisdiction and violates natural justice principles.

Credit card adoption rises in Tier-II, -III cities

Credit card adoption rises in Tier-II, -III cities

Rediff.com20 May 2026

Credit card adoption is rapidly expanding beyond India's major metropolitan areas into Tier-II and Tier-III cities, driven by increasing incomes, digital awareness, and the integration of RuPay credit cards with UPI, according to a new report by SBI Card.

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

Rediff.com19 May 2026

N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

Hyderabad man shot dead in US in pizza delivery 'trap'

Hyderabad man shot dead in US in pizza delivery 'trap'

Rediff.com7 Jun 2026

A 28-year-old man from Hyderabad, Anshul Kuncha, was allegedly shot dead in Philadelphia, US, while delivering pizzas. His family believes it was a "decoy" trap and has appealed to the MEA for justice and repatriation of his remains.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

How India Can Create 100 Million New Jobs In 7 Years!

How India Can Create 100 Million New Jobs In 7 Years!

Rediff.com4 Jun 2026

TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

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).

The Most Interesting Food Pix You Will See

The Most Interesting Food Pix You Will See

Rediff.com13 Jun 2026

Each of these photographs tells a powerful story through the universal language of food!

Gujarat Official Held In Disproportionate Assets Case

Gujarat Official Held In Disproportionate Assets Case

Rediff.com1 Jun 2026

A senior Gujarat government official has been arrested by the Anti-Corruption Bureau (ACB) in a disproportionate assets case after searches revealed valuables worth over Rs 2.64 crore.

What Joint Account Holders Must Know

What Joint Account Holders Must Know

Rediff.com29 May 2026

Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

Rediff.com9 Jun 2026

US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.

Over Rs 2.56 Crore Unaccounted Cash Seized In Gujarat

Over Rs 2.56 Crore Unaccounted Cash Seized In Gujarat

Rediff.com17 May 2026

Police in Dahod, Gujarat, seized over Rs 2.56 crore in unaccounted cash from a car during a routine vehicle check. The cash was being transported from a courier firm to Vadodara, and the driver could not provide documentation for the money's source.

Madras high court upholds Rs 1.5 cr income tax penalty against actor Vijay

Madras high court upholds Rs 1.5 cr income tax penalty against actor Vijay

Rediff.com6 Feb 2026

The Madras High Court dismissed a petition by actor Vijay challenging an Income Tax department order to pay a Rs 1.50 crore penalty for alleged non-disclosure of income during 2015-16.

ACB Uncovers Rs 5.92 Crore Assets From Suspended Police Official

ACB Uncovers Rs 5.92 Crore Assets From Suspended Police Official

Rediff.com3 Jun 2026

The Anti-Corruption Bureau (ACB) has registered a case of Disproportionate Assets against suspended Additional Superintendent of Police N Bhujanga Rao in Hyderabad. Searches at his properties and associates' places revealed assets valued at over Rs 5.92 crore, including agricultural land, plots, houses, cash, bank balances, gold, and cars. Rao is also implicated in a "phone tapping" case from the previous BRS regime.

Odisha Engineer Faces Corruption Probe After Asset Discovery

Odisha Engineer Faces Corruption Probe After Asset Discovery

Rediff.com19 May 2026

The Odisha Vigilance Department has uncovered significant assets, including multiple buildings and plots of land, allegedly belonging to a government engineer, prompting an investigation into disproportionate assets.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Maruti Suzuki launches India's first flex-fuel Wagon R, boosting ethanol adoption

Maruti Suzuki launches India's first flex-fuel Wagon R, boosting ethanol adoption

Rediff.com4 Jun 2026

Maruti Suzuki India Ltd has launched the Wagon R, India's first flex-fuel car, capable of running on any blend of ethanol and petrol from E20 to E100, aligning with national energy security and sustainability goals.

The Doctor Who Saved Thousands Of Babies

The Doctor Who Saved Thousands Of Babies

Rediff.com19 Jun 2026

Thousands and thousands and thousands of adults owe their lives to the commitment and medical fervour of Dr Armida Fernandez, who a grateful nation honoured with the Padma Shri this year.

Gurnoor Brar: Why this 6'4 pacer is India's next big fast bowler

Gurnoor Brar: Why this 6'4 pacer is India's next big fast bowler

Rediff.com10 Jun 2026

India fast bowler Gurnoor Brar has emerged as one of the country's promising pace prospects after a steady rise through college cricket and domestic performances, earning a call-up to the national setup ahead of India A's upcoming tour.

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Tension escalates as US shoots down two Iranian attack drones in Hormuz

Rediff.com7 Jun 2026

The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the US Central Command late Saturday.

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Rediff.com26 May 2026

India's five publicly listed Real Estate Investment Trusts (REITs) collectively distributed more than Rs 2,566 crore to over 425,000 unitholders in Q4FY26, with a cumulative distribution exceeding Rs 8,900 crore for the full fiscal year.

Why Rupee's Pain Is Self-Inflicted

Why Rupee's Pain Is Self-Inflicted

Rediff.com9 Jun 2026

Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."