News for 'public funds'

ED Raids Punjab Police DIG, Seizes Crores In Money Laundering Probe

ED Raids Punjab Police DIG, Seizes Crores In Money Laundering Probe

Rediff.com29 Apr 2026

The Enforcement Directorate (ED) has seized Rs 1.4 crore and incriminating documents during raids related to money laundering against suspended Punjab Police DIG H S Bhullar and his associates.

UK raises terror threat level to severe after London stabbings

UK raises terror threat level to severe after London stabbings

Rediff.com1 May 2026

The UK's terror threat level has been raised to 'severe', meaning an attack is highly likely, following antisemitic stabbings in north-west London and a rise in broader Islamist and extreme right-wing terrorist threats.

Nida Khan forced ST victim to wear burqa, adopt Muslim name: Prosecution

Nida Khan forced ST victim to wear burqa, adopt Muslim name: Prosecution

Rediff.com27 Apr 2026

A court in Maharashtra's Nashik district on Monday fixed May 2 for giving its verdict on the anticipatory bail plea filed by TCS employee Nida Khan, an accused in a case related to alleged sexual harassment and forcible religious conversion at the IT firm's local unit.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Rediff.com24 Apr 2026

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.

Journalist rebuts ED, says did not use public funds for self

Journalist rebuts ED, says did not use public funds for self

Rediff.com11 Feb 2022

Journalist Rana Ayyub rejected allegations on Friday that she "misused" donor funds raised in the wake of the Covid-19 pandemic, saying money-laundering charges levelled against her are "preposterous and wholly mala fide".

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com25 Mar 2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

Investment Fraudster Sentenced: Court Orders Asset Auction to Repay Victims

Investment Fraudster Sentenced: Court Orders Asset Auction to Repay Victims

Rediff.com11 Apr 2026

A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.

J-K Anti-Corruption Bureau probes alleged ration fraud in Reasi district

J-K Anti-Corruption Bureau probes alleged ration fraud in Reasi district

Rediff.com24 Mar 2026

The Jammu and Kashmir Anti-Corruption Bureau has registered a case against a former tehsil supply officer and others for alleged misappropriation of government ration and funds in the Reasi district.

Why Abhishek Banerjee Accuses BJP Of False Promises

Why Abhishek Banerjee Accuses BJP Of False Promises

Rediff.com21 Apr 2026

TMC leader Abhishek Banerjee criticised the BJP for not fulfilling its promises, highlighting the continuation of West Bengal's welfare schemes and challenging the BJP to match them in their ruled states.

ED questions Yes Bank's Rana Kapoor in Reliance Anil Ambani group case

ED questions Yes Bank's Rana Kapoor in Reliance Anil Ambani group case

Rediff.com15 Dec 2025

The Enforcement Directorate on Monday questioned Yes Bank co-founder Rana Kapoor as part of a money laundering investigation against Reliance Anil Ambani group companies, officials said.

SC orders CBI probe into Arunachal contracts linked to CM's kin

SC orders CBI probe into Arunachal contracts linked to CM's kin

Rediff.com6 Apr 2026

The Supreme Court has directed the CBI to conduct a preliminary enquiry into the awarding of public works contracts in Arunachal Pradesh to companies allegedly owned by family members of Chief Minister Pema Khandu.

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Rediff.com10 Apr 2026

Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.

Enforcement Directorate Widens Probe Into Merlin Group Money Laundering

Enforcement Directorate Widens Probe Into Merlin Group Money Laundering

Rediff.com17 Apr 2026

The Enforcement Directorate conducted fresh searches against entities being probed in connection with the money laundering case against Kolkata-based real estate company Merlin Group and others. The action follows previous raids on April 8 and focuses on alleged financial links between the company and West Bengal politicians and officials.

Zubeen Garg Death Case: Court Reserves Order On Accused's Bail

Zubeen Garg Death Case: Court Reserves Order On Accused's Bail

Rediff.com23 Apr 2026

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.

How Hyderabad Police Is Tackling Cyber Fraud

How Hyderabad Police Is Tackling Cyber Fraud

Rediff.com23 Apr 2026

Hyderabad Police Commissioner V C Sajjanar convened a meeting with bankers to address the misuse of bank accounts in cyber frauds and implement preventative measures, following 'Operation Octopus' which dismantled cyber fraud networks and led to arrests of complicit bank officials.

IFSCA relaxes norms for fund management bodies in GIFT City

IFSCA relaxes norms for fund management bodies in GIFT City

Rediff.com24 Dec 2025

The International Financial Services Centres Authority (IFSCA) has cleared a series of regulatory relaxations to ease operations for fund managers in GIFT City, along with a revamped framework for global in-house centres (GICs) and capital market intermediaries.

Powerica IPO Sees Slow Start, Subscribed 1% on Opening Day

Powerica IPO Sees Slow Start, Subscribed 1% on Opening Day

Rediff.com24 Mar 2026

The Powerica Limited IPO opened on March 24, 2026, with muted Day 1 subscription. Check latest GMP, price band, lot size, issue details, and investor response.

What Are Narrow Sectoral Funds?

What Are Narrow Sectoral Funds?

Rediff.com13 Nov 2025

'First-time or conservative investors should avoid narrow sectoral funds.'

PPF and NSC Interest Rates Unchanged for Eighth Consecutive Quarter

PPF and NSC Interest Rates Unchanged for Eighth Consecutive Quarter

Rediff.com30 Mar 2026

The Indian government has maintained the interest rates on small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026.

Mann urges President to terminate defector MPs; raises recall demand

Mann urges President to terminate defector MPs; raises recall demand

Rediff.com5 May 2026

Punjab Chief Minister Bhagwant Mann met with President Droupadi Murmu to request the termination of Rajya Sabha MPs from Punjab who defected to the BJP. Mann also advocated for a constitutional provision allowing voters to remove elected officials who fail to perform.

Uttarakhand Official Nabbed in Bribery Sting Operation

Uttarakhand Official Nabbed in Bribery Sting Operation

Rediff.com8 Apr 2026

An accountant in Uttarakhand's Almora district was arrested by the Vigilance Department for accepting a bribe to release funds for a toilet construction project.

'Mark Mobius Saw India's Rise Before Other Investors'

'Mark Mobius Saw India's Rise Before Other Investors'

Rediff.com17 Apr 2026

'Mark Mobius's life was dedicated to investing.'

KCR's daughter Kavitha launches new political party, calls father 'soulless'

KCR's daughter Kavitha launches new political party, calls father 'soulless'

Rediff.com25 Apr 2026

K Kavitha, daughter of former Telangana CM K Chandrasekhar Rao, has launched a new political party, Telangana Rashtra Sena (TRS), after her suspension from the BRS, marking a new chapter in Telangana politics.

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com12 May 2026

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

BJP Leader Embroiled in Cash-for-Votes Allegations

BJP Leader Embroiled in Cash-for-Votes Allegations

Rediff.com12 Apr 2026

A suspended BJP leader has accused another party leader of involvement in a cash-for-votes scheme during the Lok Sabha election in Alappuzha, Kerala, prompting further scrutiny and controversy.

Did Modi's 'address to nation' breach poll code? 700 citizens move EC

Did Modi's 'address to nation' breach poll code? 700 citizens move EC

Rediff.com21 Apr 2026

Over 700 citizens, including former civil servants, academics, activists, and journalists, have written to the Election Commission alleging that Prime Minister Narendra Modi's national address on April 18 violated the Model Code of Conduct (MCC) for elections. They are seeking an inquiry and remedial action.

Haryana Government Greenlights 1,028 Crore for Multi-Departmental Projects

Haryana Government Greenlights 1,028 Crore for Multi-Departmental Projects

Rediff.com9 Apr 2026

The Haryana government has approved expenditure of 1,028 crore for various projects across multiple departments, including police housing, public works, and irrigation, aiming to enhance infrastructure and public services in the state.

'People reject you, you want publicity': SC raps Prashant Kishor's party

'People reject you, you want publicity': SC raps Prashant Kishor's party

Rediff.com6 Feb 2026

The Supreme Court declined to entertain a petition by Jan Suraaj Party seeking annulment of the 2025 Bihar Assembly elections, citing violation of the Model Code of Conduct. The court directed the party to approach the Patna High Court.

JPMorgan downgrades Indian equities to 'neutral'

JPMorgan downgrades Indian equities to 'neutral'

Rediff.com25 Apr 2026

JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.

Next Gen ATP champ Learner Tien sees tennis as springboard for future success

Next Gen ATP champ Learner Tien sees tennis as springboard for future success

Rediff.com25 Apr 2026

American tennis player Learner Tien discusses the importance of financial awareness and planning for life after tennis, highlighting a growing trend among athletes to broaden their horizons beyond their primary careers.

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

Zubeen Garg Death Case: Court Hears Bail Plea Of Key Accused

Zubeen Garg Death Case: Court Hears Bail Plea Of Key Accused

Rediff.com22 Apr 2026

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.

SC pulls up NCERT over judiciary chapter; directs govt to drop 3 experts

SC pulls up NCERT over judiciary chapter; directs govt to drop 3 experts

Rediff.com11 Mar 2026

The Centre has directed the NCERT to review all textbooks after the Supreme Court raised concerns about 'offending' content on corruption in the judiciary in a Class 8 social science book.

'Vijay Not Only Had Star Power. He Had Timing'

'Vijay Not Only Had Star Power. He Had Timing'

Rediff.com13 May 2026

'Vijay entered politics at a much better age compared to Rajnikanth and Kamal Haasan. His fans are young and he has at least 2-3 decades ahead of him.'

Release Bengal Dues Before Professing Love, Banerjee Tells Modi

Release Bengal Dues Before Professing Love, Banerjee Tells Modi

Rediff.com19 Apr 2026

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.

SC pulls up NIA on Shabir Shah's long detention in terror funding case

SC pulls up NIA on Shabir Shah's long detention in terror funding case

Rediff.com14 Jan 2026

The Supreme Court has questioned the NIA regarding the detention of Kashmiri separatist leader Shabir Ahmed Shah in a terror funding case, asking the agency to justify his detention for over six years.

Chennithala Alleges Kerala Government Protecting CPI(M) Leaders in Sabarimala Case

Chennithala Alleges Kerala Government Protecting CPI(M) Leaders in Sabarimala Case

Rediff.com29 Mar 2026

Senior Congress leader Ramesh Chennithala has accused the Kerala government of protecting CPI(M) leaders allegedly involved in the Sabarimala temple gold loss case and failing to address other issues related to the temple.

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Rediff.com26 Mar 2026

The Maharashtra government sanctioned over Rs 1 crore for development works at a temple linked to Ashok Kharat, a self-styled godman accused of rape, in 2018. The funds were approved under the regional tourism development scheme. Kharat was arrested on March 18 after being accused of repeated rape.