News for 'public funds'

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

Rediff.com2 Aug 2026

The Congress on Sunday launched a scathing attack on the Bharatiya Janata Party over the alleged theft of donations at the Ram temple in Ayodhya, saying not everyone in the BJP is a "chhanda chor" but all the "chhanda chors" are in the ruling party.

Indigenous Turbojet Boosts India's Defence Ambitions

Indigenous Turbojet Boosts India's Defence Ambitions

Rediff.com3 Aug 2026

Built as an expendable, short-duration turbojet engine for single-mission applications, it can power tactical cruise missiles, anti-ship missiles, and long-range loitering munitions.

Sweeping changes in education system: Students' demands from new minister

Sweeping changes in education system: Students' demands from new minister

Rediff.com26 Jul 2026

Following the change in the Education ministry, students involved in the CJP protests express hope for significant reforms. Their key demands include greater transparency in the exam system, affordable and quality education, and improved government schools, highlighting the widespread desire for a more equitable and effective education system in India.

'Entire truth...': Champat Rai breaks silence on Ram temple donation

'Entire truth...': Champat Rai breaks silence on Ram temple donation

Rediff.com7 Jul 2026

Former Ram temple trust chief Champat Rai has stated he will address all allegations of donation embezzlement against him only after the Special Investigation Team (SIT) submits its final report. Rai, who observed 'maun dharan' (silence) on the matter, highlighted that the SIT's preliminary report has already been made public. The trust has appointed an interim general secretary and acknowledged the theft from donation boxes, while also appreciating Rai's contributions.

Kusumgar IPO Over-Subscribed 13 Times on Day 2, Strong Retail & NII Demand

Kusumgar IPO Over-Subscribed 13 Times on Day 2, Strong Retail & NII Demand

Rediff.com9 Jul 2026

The initial public offering (IPO) of engineered fabric manufacturer Kusumgar Ltd was subscribed 13.13 times on the second day of bidding, driven by strong interest from non-institutional and retail investors.

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Rediff.com27 Jul 2026

The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

FIDE's AICF Nomination Stirs Hornet's Nest

FIDE's AICF Nomination Stirs Hornet's Nest

Rediff.com25 Jul 2026

FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.

Dharmendra Pradhan's Resignation: First Crack In Modi's Fortress?

Dharmendra Pradhan's Resignation: First Crack In Modi's Fortress?

Rediff.com30 Jul 2026

Dharmendra Pradhan's resignation is significant because it punctures, however slightly, the perception that the Modi government never retreats under pressure. Every long-serving government eventually reaches a point where every institutional failure is identified with the leader himself. Removing the minister may have prevented that political burden from falling directly on Modi. Whether it also resolves the underlying crisis is another matter, notes Ramesh Menon.

New ITR Forms Demand More Tax Details

New ITR Forms Demand More Tax Details

Rediff.com24 Jul 2026

Taxpayers must provide more details to support deduction and exemption claims.

The Irrfan Film That Almost Didn't Get Made

The Irrfan Film That Almost Didn't Get Made

Rediff.com30 Jul 2026

'It would have never crossed anybody's mind where life would have taken us or that Irrfanji would fall sick.'

'Heavens are not going to fall': SC refuses urgent hearing in Ram temple donation case

'Heavens are not going to fall': SC refuses urgent hearing in Ram temple donation case

Rediff.com29 Jun 2026

The Supreme Court has declined an urgent hearing on a plea demanding a fair and time-bound investigation into alleged embezzlement of donations at the revered Ram temple in Ayodhya, deferring the matter until after the summer break.

SC to hear plea for probe into Ram temple embezzlement on July 13

SC to hear plea for probe into Ram temple embezzlement on July 13

Rediff.com10 Jul 2026

The Supreme Court is set to hear a batch of petitions on July 13 seeking a fair and time-bound probe into the alleged embezzlement of donations at the Ram temple in Ayodhya, with petitioners requesting a CBI investigation and a CAG audit of the temple trust's finances.

'Taken court for a ride': SC raps Samay Raina, 4 others; imposes Rs 3 lakh fine

'Taken court for a ride': SC raps Samay Raina, 4 others; imposes Rs 3 lakh fine

Rediff.com14 Jul 2026

The Supreme Court of India has strongly criticised comedian Samay Raina and YouTubers Ranveer Allahbadia and Ashish Chanchlani for failing to comply with its previous order regarding disability awareness. The court expressed dismay over Raina's non-compliance and his alleged insensitive remarks about persons with disabilities, urging the Centre to consider a stringent law against such derogatory comments.

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

Rediff.com20 Jul 2026

The Supreme Court on Monday asked the Uttar Pradesh government to apprise it about the possibility of setting up an SIT to probe the alleged embezzlement of donations at the Ram temple in Ayodhya and cautioned the litigants not to politicise the issue.

Should You Buy 30-Year Government Bonds?

Should You Buy 30-Year Government Bonds?

Rediff.com14 Jul 2026

Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.

Kusumgar IPO Closes with Staggering 128.85 Times Subscription

Kusumgar IPO Closes with Staggering 128.85 Times Subscription

Rediff.com10 Jul 2026

The initial public offering (IPO) of engineered fabric manufacturer Kusumgar Ltd was subscribed an impressive 128.85 times on its final day of bidding, largely driven by robust demand from Qualified Institutional Buyers (QIBs).

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

NIA charges Shabir Ahmad Shah among 6 separatists in Srinagar violence case

NIA charges Shabir Ahmad Shah among 6 separatists in Srinagar violence case

Rediff.com10 Jul 2026

The National Investigation Agency (NIA) on Friday filed a charge sheet against six Kashmiri separatist leaders, including Shabir Ahmad Shah, for allegedly instigating large-scale mob violence against police personnel during the funeral procession of a slain terrorist in Srinagar nearly three decades ago.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

Ram Temple trust 'open to probe' after Akhilesh flags 'missing funds'

Ram Temple trust 'open to probe' after Akhilesh flags 'missing funds'

Rediff.com7 Jun 2026

Samajwadi Party president Akhilesh Yadav has alleged that crores of rupees from donations made to the Ram Temple are missing, calling the situation "extremely sensitive" and "highly embarrassing." He has urged the court to take suo motu cognisance, while a member of the temple trust has suggested an inquiry if doubts persist.

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com30 Jun 2026

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

CIC raps MHA for denying RTI on FCRA renewal applications

CIC raps MHA for denying RTI on FCRA renewal applications

Rediff.com16 Jul 2026

The Central Information Commission has said the blanket denial of information sought on Foreign Contribution (Regulation) Act renewal applications by the Union ministry of home affairs "appears to be misplaced and without any basis", while observing that the CPIO prima facie "obstructed" the complainant's right to information.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Shun arrogance, follow law: Priyank Kharge fires fresh salvo at RSS

Shun arrogance, follow law: Priyank Kharge fires fresh salvo at RSS

Rediff.com16 Jun 2026

Karnataka Home Minister Priyank Kharge has intensified his demand for the RSS to register itself and disclose its financial dealings, arguing that the organisation cannot wield significant social and political influence while simultaneously claiming no political agenda and evading public accountability. Kharge's remarks follow RSS chief Mohan Bhagwat's rejection of such calls, with Bhagwat asserting the organisation is neither secretive nor operating outside public scrutiny.

Ram Temple donation probe: FIR alleges criminal conspiracy

Ram Temple donation probe: FIR alleges criminal conspiracy

Rediff.com26 Jun 2026

Ayodhya Police have taken Ram Shankar Yadav into custody following an FIR alleging embezzlement of donations at the Ram Janmabhoomi Temple. The complaint, lodged by a member of the Shri Ram Janmabhoomi Teerth Kshetra Trust, names nine individuals and others for systematic theft and misappropriation of funds. A Special Investigation Team (SIT) was formed, and its preliminary findings led to the FIR. Chief Minister Yogi Adityanath has vowed a 'zero-tolerance' policy and urged evidence submission to the SIT.

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com20 Jul 2026

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

Wangchuk refuses to end fast despite being 'in immense pain'

Wangchuk refuses to end fast despite being 'in immense pain'

Rediff.com14 Jul 2026

Activist Sonam Wangchuk's health is rapidly deteriorating on his 17th day of hunger strike, prompting widespread appeals from prominent political figures and Bollywood celebrities for him to end his fast and for the government to address the urgent demands for NEET examination reforms.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

Ram Temple theft hurts devotees, says Shinde; targets Uddhav on Siddhivinayak

Ram Temple theft hurts devotees, says Shinde; targets Uddhav on Siddhivinayak

Rediff.com10 Jul 2026

Maharashtra deputy Chief Minister Eknath Shinde on Friday said the alleged embezzlement of donations to the Ram Temple at Ayodhya has pained devotees, but stressed strict action will be taken against those found guilty in the case.

Tata Sons Dilemma: To List Or Not To List

Tata Sons Dilemma: To List Or Not To List

Rediff.com26 May 2026

The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.

CJP Protest: The Rise Of Fearless Youth

CJP Protest: The Rise Of Fearless Youth

Rediff.com23 Jul 2026

On camera, youngsters gave their names, where they'd come from, where they were studying or working - and then proceeded to criticize Modi. On camera, they held up posters mocking Modi, points out Jyoti Punwani.

MEA's Rare Toshakhana Auction Ends June 30

MEA's Rare Toshakhana Auction Ends June 30

Rediff.com27 Jun 2026

Items include luxury watches, jewellery, carpets, shawls, silverware and collectible artefacts with bidding prices reaching up to Rs 20 lakh.

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Rediff.com12 Jul 2026

Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Rediff.com21 Jun 2026

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.

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Nine-Year-Old Girl Mauled To Death By Stray Dogs In Bundi

Rediff.com5 May 2026

A nine-year-old girl was fatally attacked by stray dogs in Rajasthan's Bundi district while going to the fields near her village. Lok Sabha Speaker Om Birla visited the family and provided compensation, while directing authorities to take preventive measures.

'Hindu Dharma is not registered': Bhagwat on demand to register RSS

'Hindu Dharma is not registered': Bhagwat on demand to register RSS

Rediff.com16 Jun 2026

RSS chief Mohan Bhagwat has firmly rejected demands for the organisation to register itself, asserting that the Sangh operates openly and has nothing to hide. Responding to Karnataka Home Minister Priyank Kharge's call for registration, Bhagwat stated that such demands are politically motivated and that the government is well aware of the RSS's existence and activities.

Maharashtra to make domicile must for driving licence from Aug 1

Maharashtra to make domicile must for driving licence from Aug 1

Rediff.com7 Jul 2026

Maharashtra plans new policy to make domicile certificate mandatory for driving licence from August 2026, alongside efforts to regulate bike taxi services for revenue and job creation.