State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).
While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.
'Earlier, we used to talk about a deficit economy. There is a deficit in democracy' 'If you read superficially Gandhi and Ambedkar and Nehru, some misconceptions and misunderstanding come to mind, as if they were at loggerheads and they differed radically in their views' 'India is one nation. There is only one citizenship. No citizenship for South India and no citizenship for North India and another for the Northeast'
Actor Mahesh Babu has been summoned by the Enforcement Directorate (ED) in a money laundering case related to realty group Surana group and Sai Surya Developers. The actor is accused of receiving over Rs 5.5 crore for appearing in advertisements for the Surana Group. The ED earlier found illegal transactions worth Rs 100 crore and seized Rs 74.5 lakh in cash during searches at Surana group's affiliated companies. Surana Group is accused of fraud under the guise of real estate ventures and is alleged to have caused financial losses to numerous investors.
'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'
A fresh political row has erupted in West Bengal after a person allegedly involved in Bangladesh's August 2024 student protests was found listed as a voter in Kakdwip, triggering sharp Bharatiya Janata Party-Trinamool Congress exchanges over alleged illegal infiltration and manipulation of the voter list in the state.
The Madras High Court has ruled that senior citizens can cancel gift or settlement deeds executed in favor of their children or close relatives if they fail to take care of them, even if it was not explicitly mentioned in the conditions imposed in the deeds. The court said the love and affection being the consideration, which can be traced out in the Settlement Deed, would be sufficient to hold that such love and affection was an implied condition that the senior citizen will be taken care of by the beneficiary of the Settlement Deed or gift deed.
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The Maharashtra State Waqf Board has denied issuing notices to farmers in Latur over land ownership. The notices were issued by the Waqf Tribunal following a claim filed by an individual. The Waqf Board says it has not made any claim on land in any village in Latur district.
A 22-year-old man wanted for liquor smuggling was arrested in Prayagraj, Uttar Pradesh during the Maha Kumbh festival. Pravesh Yadav, a resident of Alwar, Rajasthan, had been evading arrest since July 2023 after being involved in a liquor smuggling operation. Police apprehended him during the Maha Kumbh, a major religious event where millions of people gather for ritual bathing at the Sangam. The arrest highlights the effective surveillance measures implemented by the police.
Justice Bhushan Ramkrishna Gavai was on Wednesday sworn in as the 52nd Chief Justice of India.
An RBI-appointed panel on Monday recommended hosts of customer-centric initiatives for banks, including online settlement of claims by heirs of deceased account holders, flexibility for submission of life certificates by pensioners and a centralised KYC database. The report of the Committee for Review of Customer Service Standards in RBI Regulated Entities (REs) has also suggested that the operations of accounts should not be stopped pending periodic Know Your Customer (KYC) updates. It recommended that there should be a time limit for the return of property documents to borrowers after the closure of the loan account, failing which a penalty should be imposed on the lender.
Robert Vadra, brother-in-law of Congress leader Rahul Gandhi, appeared before the Enforcement Directorate (ED) for the third consecutive day on Thursday for questioning in a money laundering case linked to alleged irregularities in a 2008 Haryana land deal. The ED has been investigating Vadra in connection with a land deal in Haryana's Manesar-Shikohpur, where a company he was a director of purchased land from Onkareshwar Properties and later sold it to DLF for a significantly higher price. The case has been embroiled in controversy since 2012, with allegations of corruption and nepotism surrounding the deal. The ED is expected to file chargesheets in all three cases being investigated against Vadra.
Robert Vadra, the brother-in-law of Congress leader Rahul Gandhi, appeared before the Enforcement Directorate (ED) for the second consecutive day on Tuesday in connection with a 2008 land deal in Haryana linked to a money laundering case. Vadra, who was accompanied by his wife Priyanka Gandhi Vadra, was questioned for about five hours and his statement was recorded by the ED. The session will resume on Wednesday. Vadra has termed the ED action "political vendetta." The probe against Vadra is linked to a land deal in Haryana's Manesar-Shikohpur, where a company named Skylight Hospitality Pvt Ltd, of which Vadra was a director, purchased a 3.5-acre land in 2008. The company later sold the land to realty major DLF in 2012, which led to controversy after an IAS officer cancelled the mutation, deeming the transaction as violative of state consolidation Act and related procedures.
Chief Justice of India Sanjiv Khanna has recommended Justice Bhushan Ramkrishna Gavai as the next CJI. Justice Gavai, the second most senior Supreme Court judge, will become the 52nd CJI on May 14, 2024, after CJI Khanna's retirement on May 13. Justice Gavai has served on several important Constitution benches and has been a part of landmark verdicts, including the one upholding the Centre's decision to abrogate provisions of Article 370.
The Enforcement Directorate (ED) arrested former Haryana Congress MLA Dharam Singh Chhoker from a five-star hotel in Delhi following a brief scuffle. Chhoker, along with his sons, is accused of defrauding over 1,500 homebuyers and siphoning off over Rs 500 crore through their real-estate companies. The ED had been seeking Chhoker's presence in the investigation since May 2022. The politician was caught at the Grappa Bar of the Shangri-La hotel on Ashoka Road. He is currently in ED custody for six days.
'The final arrangement within our family was documented in our amended family agreement dated March 31, 2017. We confirm that both of you have no right of any form in the other brother's business of assets.'
In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
Jailed journalist Mahesh Langa, already facing multiple charges, has been booked in a fresh case for allegedly extorting Rs 40 lakh from a real estate agent by threatening to malign his image and implicate him in a false case. This is the fifth FIR registered against him since his arrest in October 2023 for an alleged Goods and Services Tax (GST) scam. The latest case was registered based on a complaint by Janak Thakor, a real estate agent, who alleged that Langa threatened to write negative articles about him and trap him in a false case unless he paid the money. Langa has been in jail since his arrest in October and is facing charges in four previous cases registered by Ahmedabad, Gandhinagar, and Rajkot police.
The Karnataka High Court has quashed the Enforcement Directorate's summons to Chief Minister Siddaramaiah's wife Parvathi B M and Urban Development Minister B S Suresh in connection with the MUDA site allotment case. The court ruled that the ED was conducting a parallel investigation despite the case already being probed by the Lokayukta police and a Special Investigation Team (SIT). The ED had alleged that Siddaramaiah and other accused were involved in attempted money laundering in the MUDA site allotment case and that the fourteen sites (plots) allotted to Parvathi in Mysuru upmarket were illegally allotted.
Supreme Court judge, Justice B R Gavai, expressed hope that the "current difficult phase" in ethnic strife-torn Manipur will be over soon with the assistance of the executive, legislature and judiciary and the state will prosper like the rest of the country. Justice Gavai, who led a delegation of Supreme Court judges that visited Manipur, called upon the people of the state to work together to restore peace and harmony. He also urged the people of the state to work together to restore peace and normalcy, and lauded the natural beauty he witnessed while travelling from Imphal to Churachandpur. He expressed delight in noting that training programmes were being imparted at the relief camps, and thanked the Chief Justice of Manipur High Court and the district legal services authority for their efforts. Justice Gavai also stressed the need for readmission of students who had to drop out of school due to the conflict and called upon the educational institutions and the public to ensure all students complete their education.
US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).
Udai Pratap College in Varanasi is entangled in a land dispute with the Uttar Pradesh Sunni Central Waqf Board, which claims a mosque on the campus and surrounding land as Waqf property. The college administration rejects the claim. The dispute dates back to 2018 when a notice was sent to the college alleging the mosque and land were donated by the Nawab of Tonk to the Waqf Board. The college claims the mosque was built illegally and the land belongs to a trust. The Waqf Board attempted construction in 2022 but was stopped by police after the college complained. The college also alleges the mosque is stealing electricity. The mosque administration asserts ownership based on the Nawab's donation and claims a mutual agreement for electricity supply. The college, founded in 1909, has a long history of promoting education in the region.
In a recent operation, Bihar Police busted a fraudulent scheme operating under the guise of 'All India Pregnant Job Service', which deceived men with promises of substantial payments for impregnating childless women.
The Gujarat Titans coach has been issued a show cause notice by the Cavelossim Village Panchayat for allegedly constricting a road and felling trees in a No Development Zone.
A police officer and his eight siblings, including five sisters, were deported to Pakistan on Wednesday despite a court order granting them temporary relief. The nine members of the extended family, who have been living in Jammu and Kashmir for generations, were among more than two dozen people, mostly from Pakistan-occupied Kashmir (PoK), who were served deportation notices following the April 22 Pahalgam terror attack. The deportation has sparked outrage, with protests and appeals for intervention from the home minister and lieutenant governor. The family members claim they are not Pakistani nationals and have been living in the region for generations, presenting revenue records to support their claims. The court has ordered a detailed report on the case within two weeks and will hear it again on May 20.
Sources said that Langa and an unidentified employee of the Gujarat Maritime Board (GMB) have been booked on the charges of theft and under relevant sections of the Prevention of Corruption Act.
Tahawwur Rana, a Canadian citizen and native of Pakistan, was extradited to India to face charges related to his alleged role in the 2008 Mumbai terror attacks. The US Department of Justice said Rana allegedly commended the LeT terrorists who carried out the attacks and suggested they should be awarded Pakistan's highest gallantry award. Rana is accused of facilitating a fraudulent cover for his childhood friend, David Headley, to conduct surveillance in Mumbai for the Lashkar-e-Taiba (LeT) terrorist group. He is also accused of helping Headley submit false visa applications to Indian authorities. This extradition follows a lengthy legal process that began in 2020 with India's request for Rana's surrender. Rana, who was previously convicted in the US for providing material support to LeT, will now face trial in India on 10 criminal charges related to the Mumbai attacks.
The Sambhal district administration has restored possession of land to three Hindu families who had fled the area during riots in the district in 1978, officials said.
Baraut's sub-divisional magistrate Amar Verma confirmed Musharraf's grandfather lived in Kotana.
The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Nonetheless, you must have a number of documents handy at the time of filing return so that you can cross-check the data in the pre-filled form. "Filing ITR doesn't require you to upload any document. But in case an assessing officer makes an inquiry, you will need to present documents and certificates as proof," says Deepak Jain, chief executive, TaxManager.in.
The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
A dozen land parcels in Ranchi measuring about 8.5 acres in total are in 'illegal possession, occupation and use' of arrested former Jharkhand chief minister Hemant Soren and are proceeds of crime under the anti-money laundering law, the Enforcement Directorate has claimed.
'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'
'Shivaji and Sambhaji followed the gospel of humanity. 'They did not discriminate based on religion, caste, or colour.' 'That is the beauty of Shivaji and Sambhaji's Hindvi Swaraj.'
rediffGURU Samkit Maniar answers readers' personal income tax queries.
