Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
'There have been multiple cases of people being shot for pulling into someone's driveway because they made a wrong turn or ringing the wrong bell because they made a mistake.' 'That is also the pathway to fascism.' 'The way you divide people is to make them fear each other. Then a strong man can come in and say, "I will protect you".'
Former Director General of Police of Karnataka, Om Prakash, was found dead at his residence in Bengaluru under mysterious circumstances. Police suspect foul play and are investigating the incident. The 68-year-old's body was found with injuries in his house, leading to suspicions of foul play. Police are questioning Prakash's spouse and daughter. The body has been sent for an autopsy and further investigation is underway.
Whenever possible, the karta or head of the family should openly discuss the future distribution of movable and immovable property with all legal heirs.
The Allahabad High Court has rejected an application to implead goddess Radha Rani as a party in the Mathura Krishna Janmabhoomi-Shahi Idgah title dispute. The court ruled that puranic illustrations are considered hearsay evidence and the applicant failed to provide concrete evidence supporting the claim of joint ownership.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.
Seven people were arrested in Jayashankar Bhupalpally district of Telangana in connection with the murder of a man who had filed a complaint against former Chief Minister K Chandrasekhar Rao and others alleging corruption in the Kaleshwaram irrigation project. Police said N Rajalingamurthy was stabbed to death over a land dispute on February 19. The accused, including a former municipal vice-chairman associated with the ruling BRS, confessed to the crime and led the police to the weapons used, including knives, an iron rod, mobile phones, and motorcycles. Three other accused are absconding in the case. Rajalingamurthy had earlier filed a private complaint in a court seeking registration of an FIR against BRS President Chandrasekhar Rao and others after the sinking of some piers of the Medigadda barrage, alleging irregularities in the construction of the project.
CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.
They then vandalised the premises, breaking CCTV cameras and locking the main gate before leaving, he said.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
They stated that when a soldier fights for the nation, he does so not as a Hindu, Muslim, or any other religion, but as a patriot.
The Web portal of the Organiser, the RSS mouthpiece, published an article (withdrawn later) that the Christian community holds many acres of land, far more than Waqf property.'
Arvind Singh Mewar, a member of the erstwhile royal family of Mewar and the chairman of the HRH group of hotels, died early Sunday in Udaipur after a prolonged illness. Mewar, 81, was a descendant of Rajput king Maharana Pratap and was ill for a long time. He is survived by his wife, son, and two daughters. The funeral will take place on Monday. Mewar was known for his career in the hospitality industry and for his involvement in sports, including cricket and polo. He was also an avid pilot and a philanthropist. He was the younger son of Bhagwant Singh Mewar and Sushila Kumari. His elder brother Mahendra Singh Mewar died in November last year. There have been conflicts and issues between his descendants regarding the leadership of the house of Mewar and a property dispute.
Vidhie Mukerjea, a key witness in the Sheena Bora murder case, denied making a statement to probe agencies, claiming documents in the CBI chargesheet were forged. She also alleged that Rahul and Rabin Mukerjea stole her mother's assets and had a motive to falsely implicate her.
An elderly Sikh man was assaulted in Los Angeles, suffering a skull fracture and potential brain trauma. A suspect has been arrested for the attack.
The Indian government defended the Waqf (Amendment) Act, 2025 in the Supreme Court, arguing that waqf, while an Islamic concept, is not an essential part of Islam. Solicitor General Tushar Mehta stated that waqf is essentially charity, which is recognized across religions, and cannot be considered a fundamental tenet of any faith. He also argued that the amended law addresses secular aspects of waqf and activities unrelated to Islam, and that "waqf by user" does not grant ownership of public land. Mehta highlighted the extensive consultations involved in the bill's creation, including feedback from various stakeholders. The hearing will continue on Thursday.
SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
Congress MP Mohammad Jawed and AIMIM president Asaduddin Owaisi have challenged the validity of the Waqf (Amendment) Bill, 2025 in the Supreme Court, arguing that it violates constitutional provisions. The petitions claim the bill imposes arbitrary restrictions on Waqf properties and their management, undermining the religious autonomy of the Muslim community. They also allege that the bill discriminates against Muslims by imposing restrictions not present in the governance of other religious endowments. The bill was passed in the Rajya Sabha and Lok Sabha, with the petitioners arguing that it introduces limitations on the creation of Waqfs based on the duration of one's religious practice, mandates inclusion of non-Muslim members in Waqf administrative bodies, and shifts key administrative functions to government officials, thereby diluting the autonomy of Waqf management.
All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...
The judge said the defendant woman being a homemaker, though she did not make any direct financial contribution, she played a vital role in managing the household chores by looking after the children, cooking, cleaning and managing day-to-day affairs of the family without giving any inconvenience to the plaintiff who had gone abroad for work.
It this era of sensationalism, we should appreciate director Anant Mahadevan for treating Phule with calm and composure and not going overboard, notes Hemant Waje.
Puzzled about the Waqf Bill? Syed Firdaus Ashraf explains how the amended Waqf law will plug loopholes in the existing legislation.
The Supreme Court on Monday said the pleas challenging the Waqf (Amendment) Act's constitutional validity will now be taken up by a bench headed by Chief Justice of India-designate Justice B R Gavai on May 15 as the incumbent CJI will be demitting office on May 13.
The Supreme Court has put on hold the Uttar Pradesh government's plan to develop the Shri Banke Bihari Temple Corridor in Vrindavan, citing a lack of consultation with key stakeholders. The court questioned the state's approach and the urgency of enacting an ordinance to take over the temple's management.
Mahendra Singh, whose death has convulsed the Mewar royal family's succession issues, was himself excluded from the family trust by his father who gave control to the younger son, Arvind Singh. It is this decision that years later has cast a shadow on Vishvaraj Singh's coronation, reports Prakash Bhandari.
Commerce and Industry Minister Piyush Goyal on Tuesday said India and the 27-nation EU bloc are "really very near" to concluding talks for the proposed free trade agreement, with only a few issues left to be resolved.
The Supreme Court of India began hearing a batch of petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. The bench, led by Chief Justice Sanjiv Khanna, asked both sides to address whether the court should entertain the petitions or relegate them to the high court. The hearing is underway with senior advocate Kapil Sibal arguing for the petitioners. The act, which was passed by Parliament following heated debates, has been challenged by various parties including AIMIM leader Asaduddin Owaisi, All India Muslim Personal Law Board (AIMPLB), and Jamiat Ulama-i-Hind.
The court cannot act as an agent or mouthpiece of the police, and it is under solemn obligation to independently apply its mind to the chargesheet, without borrowing the opinion of the IO.
Seeking to allay fears that existing Waqf properties will be subject to scrutiny after the amended Waqf law comes into force, a parliamentary panel on Tuesday recommended that no cases will be reopened against such properties on a retrospective basis, provided the asset is not in dispute or belongs to the government.
A 75-year-old French actor has alleged she is being held "hostage" in her house at Calangute in North Goa since earlier this week over a property dispute and finds herself in a "dangerous situation".
The dead body of a 45-year-old unidentified man was delivered to a family in Yendagandi in West Godavari district of Andhra Pradesh, in a box with a demand for over Rs 1 crore claiming it to be the compounded amount of a loan taken years ago, police said on Friday.
A surge in violent crimes, including targeted killings, has raised concerns about law and order in Bihar. Police attribute the rise to the widespread availability of illegal firearms and ammunition.
The Lok Sabha passed the Waqf (Amendment) Bill, 2025, with the ruling NDA defending it as beneficial for minorities while the opposition called it "anti-Muslim". All amendments moved by the opposition were rejected and the bill was passed with 288 votes in favor and 232 against. Union Minorities Affairs Minister Kiren Rijiju asserted that India is the safest place in the world for minorities, refuting claims of their insecurity.
The bill aims to include all the Muslims sects in the Waqf board, Rijiju said.
Taking possession without an OC can lead to legal complications, denial of utilities such as water and electricity, hurdles in availing home loans or reselling the property, and even eviction.
The owner and manager of Rituraj Hotel in Kolkata have been arrested following a devastating fire that killed 14 people. West Bengal Chief Minister Mamata Banerjee has ordered surprise checks of all establishments in the city to ensure fire safety compliance, after the tragedy highlighted serious violations at the hotel. The hotel has been sealed and special committees will be formed to monitor and identify establishments flouting fire safety norms.
The Supreme Court of India has ordered all high courts to ensure that civil courts under their jurisdiction decide execution petitions within six months, failing which presiding officers will be held accountable. The court cited the significant delay in resolving such petitions, which are filed to enforce decrees in civil disputes, and noted that this delay undermines the purpose of the decree itself. The verdict stems from a 1980 civil dispute from Tamil Nadu, highlighting the long-standing issue of delayed execution proceedings in India's legal system.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
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