The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.
The recent evolution in the passive space has given rise to a new category of funds promising to deliver "active" returns through a structured passive approach. These are often referred to as smart beta or factor-based index funds, and they represent a compelling middle ground for investors.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.
TMC leader Abhishek Banerjee criticises the Union government over the hike in commercial LPG prices, accusing the Centre of 'taking' from people while the Mamata Banerjee administration provides relief. He also challenged the BJP to present a report card of its work in Rajganj constituency.
The central government has approved additional financial assistance of 1,912.99 crore to five states and the Union Territory of Jammu and Kashmir, which were affected by various natural disasters in 2025.
Srinagar police have dismantled a major interstate Lashkar-e-Taiba (LeT) module, arresting five individuals, including two Pakistani terrorists who had been operating for 16 years. The operation uncovered a network providing logistical and financial support to LeT terrorists across multiple states.
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A wedding celebration in Gwalior, Madhya Pradesh, turned violent after guests, upset at not being served liquor, allegedly assaulted the bride, groom, and their family members, leading to injuries and theft.
Lashkar-e-Taiba (LeT) terrorist Abdullah, alias Abu Hureira, who was tasked with establishing bases outside Jammu and Kashmir, adopted various professions, including share trading, to blend in with the local population. He was recently arrested along with other members of his network.
The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.
The Enforcement Directorate (ED) has arrested I-PAC co-founder Vinesh Chandel in connection with a money laundering case linked to the coal scam probe in West Bengal, escalating tensions ahead of the state's Assembly elections.
As the government moves to revamp India's securities legislation, unifying three different laws into the Securities Markets Code (SMC), regulatory experts and market insiders have raised concerns on potential funding challenges for the stock market regulator.
Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.
Odisha's Revenue and Disaster Management Minister Suresh Pujari informed the Assembly that 416 people have died in fire accidents across the state in the last three financial years. The government is providing ex gratia and financial assistance to the victims and their families.
TMC leader Abhishek Banerjee has urged Prime Minister Narendra Modi to release the pending central dues to West Bengal before professing his love for the state. Banerjee also criticised BJP leaders and defended the 'Jai Bangla' slogan.
A Mumbai-based businessman was allegedly duped of 3.25 crore by a nine-member inter-state criminal gang in a cheating and extortion case. The gang, which included members from Mumbai, Odisha, Bihar, and Jharkhand, also allegedly assaulted and threatened the businessman.
Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.
Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.
A special fast-track court in Guwahati has reserved its order on the bail application of Shyamkanu Mahanta, a key accused in the Zubeen Garg death case, with the decision expected on April 30.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
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CPI(M) state secretary M V Govindan has accused the Congress party of failing to deliver on its promise to construct houses for victims of the 2024 Wayanad landslide, alleging lack of transparency in funds collected and spreading misinformation about the state government's policies.
Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.
The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.
Uttar Pradesh Chief Minister Yogi Adityanath criticised the ruling TMC in West Bengal, alleging corruption, extortion, and the rise of 'mafia rule' have led to an 'identity crisis' in the state.
The IndiaAI Mission, under MeitY, has selected 10 Indian AI startups for its Global Acceleration Programme, aimed at fostering international growth and innovation.
The Enforcement Directorate conducted raids on executives of political consultancy firm I-PAC and others in connection with a money laundering case linked to an alleged coal scam in West Bengal.
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'The tragedy underscored 'serious and widespread' weaknesses in the EPFO's monitoring system and its ability to detect and act against defaulting establishments.'
Two individuals have been arrested in Thane for allegedly defrauding a businessman of lakhs of rupees by promising a substantial investment in his company. The suspects used fake documents to gain the victim's trust before taking the money.
Nayagam PP, career counsellor and founder of EduJobs360, explains how traditional engineering choices are being replaced with flexible, future-ready career paths that align with industry requirements.
The bail application of Shyamkanu Mahanta, a key accused in singer Zubeen Garg's death case, was heard by the Special Fast Track court in Guwahati, with the prosecution opposing it due to discrepancies in his statements and evidence related to alcohol supply to the late singer.
Four individuals have been arrested for allegedly running a sophisticated cyber fraud operation, duping people with fake discounted air tickets across multiple cities. Police recovered a substantial amount of cash and luxury items from the accused.
An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.
rediffGURU T S Khurana answers readers' personal income tax queries
The Employees' Provident Fund Organisation (EPFO) on Friday decided to give 8.5 per cent interest on provident fund deposits of 4.5 crore (45 million) subscribers.
Chief Justice of India expresses concern over the increasing number of digital arrest scams, highlighting a recent case where an elderly woman was defrauded of her retirement benefits.
Police in Jammu and Kashmir have dismantled a Lashkar-e-Taiba (LeT) module, arresting five individuals, including a Pakistani terrorist who had been on the run for 16 years. The operation exposed a network spanning multiple states and involving forged documents and identities.
The Indian commodity market has experienced significant growth over the past decade, allowing Indian traders to capitalise on price fluctuations in commodities such as gold, crude oil, and natural gas. Earlier, commodity trading required substantial capital as these contracts were only available in bulk quantities. But to make the commodity market more accessible, exchanges such as the Multi-Commodity Exchange (MCX) have launched smaller and more flexible commodities contracts, including mini and micro contracts. These changes in the commodity lot size have changed the way small traders trade in commodity markets.
