The Enforcement Directorate on Tuesday arrested former NSE CEO and MD Ravi Narain in a money laundering case, officials said. His role is being investigated by the federal probe agency as part of two criminal cases linked to the bourse - the alleged co-location 'scam' case and the purported illegal phone tapping of employees. Narain is understood to have been arrested in the tapping case under the criminal sections of the Prevention of Money Laundering Act (PMLA).
A stampede-like situation at New Delhi Railway Station on Saturday evening left at least 15 people injured, and fatalities are feared. The incident occurred due to overcrowding on platforms 14 and 15, triggered by a rush of passengers heading to Prayagraj for the Maha Kumbh. Eyewitnesses described a chaotic scene with passengers fainting from suffocation and a scramble for space. Authorities are investigating the incident, with initial reports suggesting overcrowding due to the influx of passengers for the religious festival. Rescue teams and fire tenders were dispatched to the scene, and the injured were taken to hospitals for treatment.
An alert Punjab Police ASI thwarted a murderous bid on Shiromani Akali Dal leader Sukhbir Singh Badal at the Golden Temple in Amritsar on Wednesday. The incident took place while Badal was sitting on a wheelchair due to a fractured leg. The attacker, Narain Singh Chaura, a former terrorist, was overpowered by the ASI before he could fire his weapon. The incident has sparked controversy, with the opposition party criticizing the ruling AAP government's security measures.
Shiromani Akali Dal leader Sukhbir Singh Badal expressed gratitude to two police officers who saved his life when a former terrorist opened fire at him in Amritsar. Badal hugged the officers and praised their courage and loyalty, saying his family could never repay their bravery. The attack occurred at the Golden Temple, where Badal was performing religious penance. The former Khalistani terrorist Narain Singh Chaura fired from a close range but missed his target. The police overpowered the attacker before he could cause any harm.
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.
Clean air needs action all year round; and that it will work only if we act jointly and at scale, asserts Sunita Narain.
Reader Kedar Hardikar sent us these pictures from London.
Lawmakers in Uttar Pradesh have always been touch-sensitive about protocol during official meetings and irrespective of the party in power, complaints of breach of guidelines have often cropped up.
The radical raft of suggestions, which includes men not being allowed to take women's measurements and installing CCTV cameras, followed a meeting held on October 28.
Reader Irfan Kazi set us this photograph he captured with the ace driver in Bangalore.
The man, identified as Narain Singh, was overpowered by some people standing outside the Golden Temple.
Narain Karthikeyan created history by winning the A1GP race at Zhuhai (China). His win made him the first Indian to ever win an A1GP race.
Jordan's Indian ace posted his third finish in four races in the Formula One championship.
The Indian driver, who faced gearbox problems, finished 15th last in the French Grand Prix.
Business tycoons at the Ambani's pre-wedding celebrations at Jamnagar, Gujarat.
Narain Karthikeyan shrugged off the qualifying issues to record a superb win in the penultimate race of the AutoGP season, taking the championship fight the final race.
In May 2019, Sebi had penalised the NSE as well as two of its former heads - Narain and Chitra Ramkrishna - for allowing Sampark to provide the dark fibre connectivity to stock brokers, despite not having the authorised licence. Dark fibre refers to an unused optical fibre used for high-speed connectivity.
Reader Nitesh Palrecha sent us his photograph with motor racing ace Narain Karthikeyan.
Rajyavardhan Singh Rathore conveyed his good wishes to Narain Karthikeyan for his maiden Grand Prix in Melbourne.
Jordan's Indian ace's best lap time at Barcelona's Circuit de Catalunya was only 2.5 seconds off the pace of world champion Michael Schumacher.
'In our Indian content, you always see the mother is presented a bit differently.' 'But in this show, the mother is the one who's most glamorous and she is the bombshell of the show.'
Reader Sumit Pal sent us this picture from North Hampton.
NSE Vice Chairman Ravi Narain has put in his papers amid regulators intensifying their probe into alleged lapses in high-frequency trading offered through the exchange's 'co-location' facility.
Jacques Villeneuve had confronted Narain Karthikeyan after the European Grand Prix, accusing India's first F-1 driver of blocking him
Narain Karthikeyan survived a crash and fought his way up from the 20th place on the starting grid order of the sprint race to guide A1 Team India to a 10th-spot finish in the format race in Taupo on Sunday.
The Indian F1 ace said being a test driver will boost his reputation.
Hit by a car while cycling, environmental activist Sunita Narain on Monday said cyclists in Indian cities are being edged out systematically to make way for cars.
Sachin Tendulkar is scheduled to watch the Spanish Grand Prix on Sunday.
Singh, considered close to RJD president Lalu Prasad and his family, was charged with raising slogans against Chief Minister Nitish Kumar on February 13, during a heated exchange in the House.
Continuing his strong show in the Auto GP series, Indian racer Narain Karthikeyan recorded his third win of the season when he triumphed from pole in round six of the series in Nurburgring.
Vicky Nanjappa profiles Narain Rao Manjunath, one of the key accused in the Railways bribery scandal.
Raveena Tandon and daughter Rasha Thadani offered prayers at the Somnath Mahadev temple in Gujarat.
They call him the 'fastest Indian on wheels'. At 250 kmph he certainly is.
Dayal, Green or the Windies duo of Dre Rus and Narine?
India's Narain Karthikeyan said he was extremely disappointed that he could not finish the race for his team
Jordan GP chief Alexander Schnaider announced the signing of the 28-year old Indian and Tiago Monteiro of Portugal as its race drivers for the season.
The TATA RC motorsport driver and India's F1 hope ended the Nissan World Series in sixth position.
The Indian driver expressed hope that his team Jordan would be able to fix the problem before the next meet in Nuerburgring, Germany.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances