A private bank official has been arrested in Haryana in connection with a 150 crore discrepancy in the accounts of Panchkula Municipal Corporation.
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.
India's youngest municipal chairperson, Diya Binu, on Tuesday lost office after a no-confidence motion moved by the Left Democratic Front was passed in Kerala's Pala Municipality with the support of rebel Congress councillors, ending the United Democratic Front's rule in the civic body.
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.
The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
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.
The CBI has conducted searches across Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from Haryana government departments and the Chandigarh administration. The probe targets public servants, bank officials, and a private consultancy, with a chargesheet already filed against some accused.
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
An FIR has been filed regarding alleged discrepancies related to Fixed Deposit Receipts (FDRs) involving nearly Rs 150 crore of Panchkula Municipal Corporation with a Kotak Mahindra Bank branch, leading to a formal investigation.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Police in Surat are investigating an alleged interstate hawala-linked political funding network involving Aam Aadmi Party (AAP) functionaries, with Rs 1.25 crore reportedly routed from Delhi to Surat ahead of Gujarat local body polls. The AAP has dismissed the claims as a conspiracy by the ruling BJP.
Maharashtra minister Mangal Prabhat Lodha has ignited a controversy by proposing to rename Mumbai's KEM Hospital, referring to King Edward VII as "King Kasab" who "looted India". The proposal faces opposition from other political parties, with the state government stating no final decision has been made.
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.
A political controversy has erupted in Navi Mumbai after Maharashtra Deputy CM Eknath Shinde's name was omitted from official invitation cards for a civic event, leading to protests by Shiv Sena workers. The incident has also exposed infighting within the BJP, with an MLA accusing a minister of sabotaging her projects and falsely claiming credit.
The Mamata Banerjee-led faction of the Trinamool Congress has filed fresh police complaints against dissident leader Ritabrata Banerjee and his associates. The complaints accuse the rebels of illegally using the party's name, symbol, and designations to mislead workers, marking a significant escalation in the month-long internal struggle following the assembly poll defeat.
Senior Trinamool Congress leader Chandrima Bhattacharya has resigned as the party's West Bengal president and from all other posts, citing a loss of trust after an admonishment from Mamata Banerjee. She has since been seen meeting with the Ritabrata Banerjee-led rebel faction, further deepening the organisational crisis within the TMC following its recent Assembly election defeat.
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.
In a bid to wrest control of the Trinamool Congress, its rebel faction led by Leader of the Opposition Ritabrata Banerjee on Monday elected MLA Arup Roy as chairperson, marking the sharpest challenge yet to the authority of party founder Mamata Banerjee.
A sub-divisional magistrate (SDM) posted in Punjab's Gurdaspur has been arrested in connection with the Rs 1.63 crore embezzlement of funds linked to land acquisition for a national highway project in 2018-2019.
A firefighter and a security guard died, and two firefighters were injured, in a major fire at a vegetable market near Thane railway station. The blaze destroyed 155 stalls, prompting investigations and financial aid for victims' families.
The NEET-UG re-exam was held at centres across the country and overseas on Sunday amid tight security arrangements for the smooth conduct of the examination.
Police in Gujarat's Panchmahal district are investigating an Aam Aadmi Party candidate and two party workers for alleged hawala transactions involving over Rs 50 lakh ahead of local body polls.
More than 60 people, including wedding guests and family members, were injured after a stray dog went on a biting spree during a bride's farewell ceremony at a banquet hall in Budaun, Uttar Pradesh, leading to panic and a stampede-like situation.
Sanjay Gupta, a 1988-batch IAS officer, has been appointed as the chief secretary of Himachal Pradesh amidst allegations of corruption, sparking controversy and criticism from opposition parties.
Indian-origin golfer Manav Shah, born in California to Gujarati parents, is set to make his US Open debut after years of dedication on public courses and global qualifying circuits. His journey includes reconnecting with his Indian roots through the Asian Tour and the Indian Golf Premier League, which he credits for strengthening his self-belief.
The Bombay High Court has expressed shock over the demolition of a printing press set up by Dr B R Ambedkar in Mumbai in 2016 and has criticised the city police for their inaction despite complaints.
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.
West Bengal Chief Minister Suvendu Adhikari has alleged that the people of Diamond Harbour have been unable to exercise their voting rights for a decade. He assured people that the scenario has now changed, and the May 21 repolling in the Falta Assembly seat will re-establish voter rights.
The electorate did not vote for the BJP as much as they voted against the TMC. This is an important distinction that the new government will ignore at its own peril, points out Vice Admiral Biswajit Dasgupta (retd).
Chandigarh Police have launched an investigation into a fraud involving fake fixed deposit receipts (FDRs) worth 116.84 crore, allegedly issued by a private bank manager, impacting the Chandigarh municipal corporation's funds.
A controversy has erupted in Shahjahanpur, Uttar Pradesh, regarding the reinstallation of statues of Kakori Action martyrs. Questions are being raised about whether the statues are new or repaired old ones after they were allegedly demolished. The incident has led to political accusations, protests, and police investigation.
Statues of Kakori train action martyrs demolished in Shahjahanpur, Uttar Pradesh, during road construction, triggering outrage and demands for action.
Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.
The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.
The demolition of statues honouring Kakori train action martyrs in Uttar Pradesh has ignited a political firestorm, prompting outrage and demands for accountability.
Former India cricketer Manoj Tiwary has announced the end of his association with the Trinamool Congress, alleging widespread corruption within the party and claiming he was denied a ticket for refusing to pay a substantial sum.
Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.
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.
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.
