News for 'public funds'

Zerodha Co-founder Nikhil Kamath Backs CtrlS With Rs 200 Crore Investment

Zerodha Co-founder Nikhil Kamath Backs CtrlS With Rs 200 Crore Investment

Rediff.com4 days ago

Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.

Odisha Gymnastics Body Accused Of Using Dead President's Name For Funds

Odisha Gymnastics Body Accused Of Using Dead President's Name For Funds

Rediff.com29 May 2026

The Odisha Gymnastics Association is under investigation for allegedly using the name of its deceased president to secure funds from the state government. A complaint questions the association's governance and financial practices, including the sanctioning of funds from multiple agencies for the same event.

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Rediff.com11 Aug 2026

The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.

CJP team attacked in Rajasthan during 'School Thik Karo' campaign

CJP team attacked in Rajasthan during 'School Thik Karo' campaign

Rediff.com2 days ago

A Cockroach Janta Party (CJP) team, inspecting a government school in Rampura Kanwarpura village, Rajasthan, as part of its 'School Thik Karo' campaign, was allegedly attacked by villagers and BJP workers. CJP co-convener Ashutosh Ranka claimed their workers were assaulted, vehicles damaged, and women supporters roughed up, accusing the state police of inaction.

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com4 days ago

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.

Mithun Chakraborty Recovers Well After Surgery

Mithun Chakraborty Recovers Well After Surgery

Rediff.com7 Aug 2026

Mithunda is expected to be discharged from hospital soon.

SC forms panel to probe police action during student protests

SC forms panel to probe police action during student protests

Rediff.com3 days ago

The Supreme Court has established a five-member high-powered committee, led by former top court judge Justice R Subhash Reddy, to investigate allegations of police excesses against student protesters and violence against police personnel during recent demonstrations in Delhi.

Tripura Chit Fund Executives Sentenced In Swindling Case

Tripura Chit Fund Executives Sentenced In Swindling Case

Rediff.com30 May 2026

A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com4 days ago

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

India's youngest municipal chairperson ousted in trust vote

India's youngest municipal chairperson ousted in trust vote

Rediff.com22 Jul 2026

India's youngest municipal chairperson, Diya Binu, on Tuesday lost office after a no-confidence motion moved by the Left Democratic Front was passed in Kerala's Pala Municipality with the support of rebel Congress councillors, ending the United Democratic Front's rule in the civic body.

High Court Seeks Solution For Juvenile Homes' Funding Delay

High Court Seeks Solution For Juvenile Homes' Funding Delay

Rediff.com27 May 2026

The Allahabad High Court has expressed strong displeasure over the delay in the release of funds to NGO-run juvenile homes operating under the Mission Vatsalya scheme, warning of action if a solution is not presented by May 29.

Did FIFA bow to pressure? Prince Ali thinks so

Did FIFA bow to pressure? Prince Ali thinks so

Rediff.com6 Aug 2026

Prince Ali bin Hussein, President of the Jordan Football Association, revealed that FIFA paid outstanding prize money to Jordan's national team after he accused FIFA President Gianni Infantino of blackmail. Prince Ali had alleged FIFA withheld funds for reaching the 2025 Arab Cup final, linking payment to his endorsement of Infantino. Despite receiving the funds, Prince Ali reiterated his refusal to endorse or vote for Infantino, highlighting ongoing concerns about FIFA's leadership and its presidential elections.

NCERT, CBSE Face Major Staff Shortages

NCERT, CBSE Face Major Staff Shortages

Rediff.com15 Aug 2026

A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools.

Demat account additions hit 6-month high amid IPO frenzy

Demat account additions hit 6-month high amid IPO frenzy

Rediff.com11 Aug 2026

New dematerialised (demat) account additions in India reached a six-month high in July, with 2.89 million new accounts opened, driven by a buoyant initial public offering (IPO) market and a broad-based rally in equities.

Govt extends PM E-DRIVE subsidy for e2Ws till FY28

Govt extends PM E-DRIVE subsidy for e2Ws till FY28

Rediff.com12 Aug 2026

The Central government has approved an additional Rs 1,000 crore for electric two-wheelers (e2w) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, extending incentives for the segment until March 2028.

TMC Panchayat Leader Found Hanging In West Bengal Home

TMC Panchayat Leader Found Hanging In West Bengal Home

Rediff.com2 Jun 2026

A Trinamool Congress panchayat chief was found dead inside his house in West Bengal's North 24 Parganas district. Police are investigating the circumstances surrounding his death, which comes after residents accused him of corruption.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

Sharad Pawar's MPs meet Modi, discuss 'Maharashtra issues'

Sharad Pawar's MPs meet Modi, discuss 'Maharashtra issues'

Rediff.com10 Aug 2026

A delegation of NCP (SP) Lok Sabha MPs, led by Supriya Sule, met Prime Minister Narendra Modi to discuss various issues concerning Maharashtra, including drought, onion prices, and river pollution. The meeting, which lasted about 15 minutes, did not include discussions on the FCRA Amendments Bill, which Sule opposes. This follows a previous meeting between Sharad Pawar, Sule, and the PM regarding student and farmer issues.

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

Rediff.com13 Aug 2026

How well is your country's healthcare system staffed? We compare the density of essential healthcare professionals across countries, based on figures from World Population Review.

UK anti-migrant protests turn violent; protesters bite, spit at police

UK anti-migrant protests turn violent; protesters bite, spit at police

Rediff.com7 Aug 2026

A UK police force said on Friday that its officers have been tackling serious violence, including being bitten and spat at by protesters, over days of anti-migrant clashes at a town in eastern England.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

6,562 EV Chargers Approved, None Installed Yet

6,562 EV Chargers Approved, None Installed Yet

Rediff.com5 Aug 2026

While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

African Football Chiefs Back Gianni Infantino Despite FIFA Governance Crisis

Rediff.com4 Aug 2026

Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com4 days ago

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

How China Shielded Itself From Oil Shock

How China Shielded Itself From Oil Shock

Rediff.com6 days ago

China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.

How Premji Invest Built $43 Billion AI Empire

How Premji Invest Built $43 Billion AI Empire

Rediff.com20 Jul 2026

Azim Premji's private investment firm, Premji Invest, has quietly built a formidable portfolio of 11 AI startups, primarily in the US, with a combined valuation of $43 billion. The firm has participated in 19 funding rounds since 2021, with a notable focus on US-based companies, many of which were founded by Indian entrepreneurs.

'Those Who Were Meant To Protect Ram Mandir Funds Looted It'

'Those Who Were Meant To Protect Ram Mandir Funds Looted It'

Rediff.com24 Jun 2026

'SIT means nothing because the BJP government of Uttar Pradesh and Ram Janmabhoomi Trust are the same people.'

Only those who...: Rijiju clarifies Modi's 'dimagi Naxals' remark

Only those who...: Rijiju clarifies Modi's 'dimagi Naxals' remark

Rediff.com6 days ago

Prime Minister Narendra Modi's 'dimagi Naxal' (intellectual Naxal) remark, made during his Independence Day address, has ignited a significant political debate, with Union Minister Kiren Rijiju clarifying that the comment targets those who support Maoists and separatists, not opposition leaders, while opposition figures like P Chidambaram have embraced the label in defiance.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

ISI-backed terror module planned to attack Jantar Mantar during student protests: Police

ISI-backed terror module planned to attack Jantar Mantar during student protests: Police

Rediff.com5 Aug 2026

Punjab Police have revealed that an ISI-backed terror module, recently busted, had planned an attack on Delhi's Jantar Mantar during recent student protests. Members of the module, including juveniles, travelled to the site with materials for petrol bombs, but their plan was foiled. Nine accused have been apprehended, and arms and ammunition recovered.

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

Rediff.com6 Aug 2026

Mizoram Chief Minister Lalduhoma met Union Home Minister Amit Shah regarding the Foreign Contribution (Regulation) Amendment Bill, 2026. Shah assured that the bill would not be retrospective. Various church and minority organisations have expressed concerns about the bill's impact on NGOs, schools, and healthcare units, urging its withdrawal or referral to a joint parliamentary committee.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

Why Congress Is Suspicious About CJP

Why Congress Is Suspicious About CJP

Rediff.com22 Jul 2026

A Congress spokesperson, quoted in media reports, summed up the party's thinking by saying, 'Whenever BJP is in trouble on the ground, a new 'apolitical' or 'alternative' party appears with the same ideology and the same backers.'

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

Rediff.com30 Jul 2026

FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

Rediff.com31 Jul 2026

FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Rediff.com4 Aug 2026

FIFA President Gianni Infantino is facing a deepening crisis after his proposal to sell a stake in the World Cup was abandoned, leading to public distancing from influential executives and calls for his removal from office.

'Loyalty up for sale': Aaditya hits out at 'greedy' MPs

'Loyalty up for sale': Aaditya hits out at 'greedy' MPs

Rediff.com22 Jun 2026

Aaditya Thackeray has vehemently condemned six rebel MPs, asserting that their "greed" led them to betray the voters' mandate for the INDIA bloc.

DLTA Denies Land Lease Breaches Amid AITA Election Buzz

DLTA Denies Land Lease Breaches Amid AITA Election Buzz

Rediff.com31 Jul 2026

The Delhi Lawn Tennis Association (DLTA) has strongly denied reports of violating land lease conditions for the R K Khanna Tennis Complex, asserting that all facilities comply with government norms. The association suggested that the allegations are "mala fide" and strategically timed to influence the upcoming All India Tennis Association (AITA) elections. DLTA also defended its commercial subletting practices, stating they are approved by the L&DO and are essential for generating revenue as it receives no government funding for maintenance.