News for 'public funds'

Telugu Actor Pavala Shyamala Dies

Telugu Actor Pavala Shyamala Dies

Rediff.com29 Jul 2026

Telugu actor Pavala Shyamala, aged 75, has passed away after suffering a cardiac arrest.

Cybercriminals Use Fake Cricket Ticket Sites To Defraud Public

Cybercriminals Use Fake Cricket Ticket Sites To Defraud Public

Rediff.com14 May 2026

Police in Shimla warn the public about fraudulent websites designed to dupe people under the guise of cricket match ticket bookings. The Cyber Helpline Data Centre has received numerous complaints, highlighting the difficulty in distinguishing these fake sites from genuine ones.

'Certain elements' in Israeli govt want war to continue 'indefinitely': Vance

'Certain elements' in Israeli govt want war to continue 'indefinitely': Vance

Rediff.com16 Jul 2026

US Vice President JD Vance has accused 'certain elements' within the Israeli government of attempting to manipulate American public opinion to prolong the conflict with Iran 'indefinitely', according to a Wall Street Journal report.

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Rediff.com25 Jul 2026

Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.

Since he is 'forgiving'...: Sonia takes dig at Modi, hails Manmohan

Since he is 'forgiving'...: Sonia takes dig at Modi, hails Manmohan

Rediff.com11 Aug 2026

Following the Supreme Court's clean chit in the coal block allocation case, Congress leader Sonia Gandhi has lauded former Prime Minister Manmohan Singh's integrity and accountability, drawing a sharp contrast with the Narendra Modi government's operational style and alleged misuse of investigative agencies.

Ayodhya lawyers not to defend temple fund scam accused

Ayodhya lawyers not to defend temple fund scam accused

Rediff.com28 Jun 2026

Local legal practitioners in Ayodhya are considering a unanimous refusal to defend the eight individuals accused in the Ram temple donations embezzlement case. The Faizabad Bar Association is set to make a final decision, driven by strong local sentiment against the alleged theft of temple offerings.

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Rediff.com30 Jul 2026

'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'

Another Arrest Made In Haryana Government Embezzlement Case

Another Arrest Made In Haryana Government Embezzlement Case

Rediff.com1 Jun 2026

The Enforcement Directorate (ED) has arrested a real estate businessman in connection with the alleged embezzlement of Rs 645 crore from bank accounts linked to the Haryana government, Chandigarh administration, and private schools.

Compensation politics: RG Kar doc's mother rejects TMC MLA's comparison

Compensation politics: RG Kar doc's mother rejects TMC MLA's comparison

Rediff.com10 Aug 2026

The mother of the RG Kar hospital rape-murder victim on Monday rejected Trinamool Congres MLA Kunal Ghosh's comparison between the Rs 10 lakh given to the family of a party worker who died in police custody in Halisahar, and the same amount of compensation announced after her daughter's death.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

Uncertainty looms over key bills as monsoon session heads for washout

Uncertainty looms over key bills as monsoon session heads for washout

Rediff.com10 Aug 2026

Major bills, including those on women's reservation, delimitation, and the Foreign Contribution (Regulation) Act (FCRA), face an uncertain future in the ongoing Monsoon session of Parliament due to persistent opposition protests and a lack of consensus.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

Jordan FA President alleges FIFA offered help for Infantino endorsement

Jordan FA President alleges FIFA offered help for Infantino endorsement

Rediff.com4 Aug 2026

Jordan Football Association President Ali bin Hussein has publicly accused FIFA President Gianni Infantino of 'blackmail', alleging that FIFA offered to resolve the kingdom's football problems in exchange for his endorsement, a claim FIFA has been contacted about for comment.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

Rediff.com25 Jul 2026

ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.

BIS to scale up silver hallmarking, expand lab network amid rising demand

BIS to scale up silver hallmarking, expand lab network amid rising demand

Rediff.com9 Aug 2026

The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.

Ex-Life Insurance Manager Convicted In Investment Fraud Case

Ex-Life Insurance Manager Convicted In Investment Fraud Case

Rediff.com27 May 2026

A former life insurance manager in Thane has been sentenced to two years in jail for defrauding people of over Rs 3.51 crore with false promises of high returns on stock market investments.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

Rediff.com13 Jul 2026

The Comptroller and Auditor General (CAG) has identified significant financial irregularities in the Maharashtra government's flagship Ladki Bahin scheme, including an excess expenditure of Rs 3,541.16 crore and the parking of Rs 15,586 crore in Virtual Personal Deposit Accounts (VPDAs) without immediate need. The report highlights deficiencies in budget estimation and financial management, recommending realistic fund assessments and strict adherence to expenditure needs.

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

CBI Nabs Absconding Accused In Tripura Chit Fund Scam

Rediff.com13 May 2026

The Central Bureau of Investigation (CBI) has arrested Sanjit Chakraborty, a proclaimed offender allegedly involved in two chit fund scam cases in Tripura involving over Rs 7.75 crore. Chakraborty was arrested in Kolkata after being absconding since 2013.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com8 Aug 2026

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

SC seeks SIT status report on Ayodhya donation 'theft'

SC seeks SIT status report on Ayodhya donation 'theft'

Rediff.com13 Jul 2026

The Supreme Court has directed the Uttar Pradesh government's Special Investigation Team (SIT) to submit a status report on the alleged embezzlement of donation money at the Ram temple in Ayodhya. The court also issued notice to the Shri Ram Janmabhoomi Teerth Kshetra Trust following pleas for a fair and time-bound probe, including demands for a CBI investigation and a CAG audit of the temple trust's finances.

HC orders removal of false info on judges' London badminton trip

HC orders removal of false info on judges' London badminton trip

Rediff.com21 Jun 2026

The Delhi high court has ordered social media companies and online service providers to remove 'false' information circulating online about Indian judges and Union ministers allegedly participating in a badminton tournament in London at taxpayers' expense. The court deemed the content malicious and a systematic misinformation campaign aimed at undermining the judiciary and executive.

Five Arrested In Uttarakhand Chit Fund Scam: Details

Five Arrested In Uttarakhand Chit Fund Scam: Details

Rediff.com13 May 2026

The CBI has arrested five individuals, including a key figure, in connection with the LUCC chit fund scam in Uttarakhand, which involves over Rs 400 crore. The case concerns alleged irregularities by the Loni Urban Multi-State Credit and Thrift Co-operative Society (LUCC), accused of enticing investors into unregulated schemes.

Why FIFA's $20B Plan Has UEFA Up in Arms

Why FIFA's $20B Plan Has UEFA Up in Arms

Rediff.com29 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

VHP slams Bar Association's ban on defending Ram Temple fund scam accused

VHP slams Bar Association's ban on defending Ram Temple fund scam accused

Rediff.com30 Jun 2026

The Vishva Hindu Parishad (VHP) has strongly criticised the Faizabad Bar Association's resolution to prevent advocates from representing those accused in the alleged theft of donations from the Ram Janmabhoomi temple, calling the move 'unethical and unlawful' and a violation of constitutional principles and professional ethics.

Private Banks Stocks Outshine PSU Peers In FY27

Private Banks Stocks Outshine PSU Peers In FY27

Rediff.com15 Jul 2026

'Banking is the only sector that can see double-digit growth in FY27.'

AI-171 crash: Families pursue legal avenues to get black box data

AI-171 crash: Families pursue legal avenues to get black box data

Rediff.com20 Jul 2026

Families of the AI-171 crash victims are demanding the release of black box data and cockpit voice recorder transcripts, questioning the Aircraft Accident Investigation Bureau's (AAIB) decision to withhold this crucial information while promising only a final probe report.

Cauvery issue escalates as TN minister rejects all-party meet; targets Oppn

Cauvery issue escalates as TN minister rejects all-party meet; targets Oppn

Rediff.com2 Aug 2026

Tamil Nadu Minister C T R Nirmal Kumar has rejected calls for an all-party meeting to discuss the ongoing Cauvery water dispute with Karnataka, citing a previously passed unanimous resolution in the Assembly. He accused DMK and Karnataka CM D K Shivakumar of working against Tamil Nadu's interests and criticised the DMK's "hasty" Supreme Court petition.

Vijay government may privatise TN's liquor sales to curb graft

Vijay government may privatise TN's liquor sales to curb graft

Rediff.com30 Jul 2026

An intensified DVAC probe into a multi-crore liquor scam, allegedly involving former DMK Minister V Senthil Balaji, has led to a suggestion to privatise retail liquor sales in Tamil Nadu. The investigation targets alleged collusion in TASMAC bar licences, transport tenders, and procurement, with the Madras High Court dismissing Balaji's anticipatory bail plea. The FIR details systemic corruption, significant revenue loss, and illicit fund generation, prompting political reactions.

Why Bangladesh Matters For India's Future

Why Bangladesh Matters For India's Future

Rediff.com28 Jul 2026

For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.

Players' Union Slams FIFA's 'Disturbing' $20 Billion World Cup Investment Plan

Players' Union Slams FIFA's 'Disturbing' $20 Billion World Cup Investment Plan

Rediff.com30 Jul 2026

Australia's players union has joined global criticism of FIFA's proposal to bring private investors into the World Cup and other events, citing a lack of transparency and pressure on member associations to approve the $20 billion plan.

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Rediff.com16 Jun 2026

Earlier, Israeli Prime Minister Benjamin Netanyahu also declared that Iran would never be allowed to acquire nuclear weapons, regardless of any agreement.

Asian Tour, DP World Tour, PGA TOUR Forge Landmark Partnership Until 2029

Asian Tour, DP World Tour, PGA TOUR Forge Landmark Partnership Until 2029

Rediff.com21 Jul 2026

The Asian Tour, DP World Tour, and PGA TOUR have announced a significant partnership extending until at least 2029. This alliance aims to enhance commercial and playing opportunities, establish pathways for Asian Tour members, and will see the DP World Tour co-sanctioning events with the Asian Tour again, marking a new era for professional golf globally and a potential setback for LIV Golf.

TN anti-corruption body books former Stalin minister Velu in road scam

TN anti-corruption body books former Stalin minister Velu in road scam

Rediff.com26 Jun 2026

The Directorate of Vigilance and Anti-Corruption (DVAC) has registered a case against former Tamil Nadu Highways Minister E V Velu, nine officials, and a private firm in connection with an alleged multi-crore road construction scam. The case involves fraudulent payments for unexecuted works in Karur and Erode districts, prompting political reactions from DMK Chief M K Stalin.

Salman Khan Steps In To Help Assam Flood Victims

Salman Khan Steps In To Help Assam Flood Victims

Rediff.com29 Jul 2026

Bollywood superstar Salman Khan has initiated a multi-phase relief drive through his Being Human organisation and fan club in Assam, providing food, medicines, and essentials to families affected by devastating floods, with plans for long-term rehabilitation support.

'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.