News for 'purchasing'

ED Attaches 159 Crore Assets in West Bengal Coal Pilferage Case

ED Attaches 159 Crore Assets in West Bengal Coal Pilferage Case

Rediff.com15 Apr 2026

The Enforcement Directorate has attached assets worth 159 crore in connection with a money laundering investigation related to illegal coal mining in West Bengal. The case involves alleged pilferage and implicates various entities, including the political consultancy firm I-PAC.

Govt steps up fuel security measures; warns against panic buying

Govt steps up fuel security measures; warns against panic buying

Rediff.com29 Mar 2026

The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.

India, US chief negotiators to begin three-day trade pact talks in Washington from Apr 20

India, US chief negotiators to begin three-day trade pact talks in Washington from Apr 20

Rediff.com19 Apr 2026

Chief negotiators from India and the US are set to begin three-day talks in Washington to recalibrate the bilateral trade agreement (BTA) framework, following significant changes in the US tariff landscape, including a new 10 per cent tariff imposed on all countries.

Chief Secretary Gupta Dismisses Land Scam Allegations as Baseless

Chief Secretary Gupta Dismisses Land Scam Allegations as Baseless

Rediff.com31 Mar 2026

Himachal Pradesh Chief Secretary Sanjay Gupta has dismissed allegations of irregularities in the Chester Hill housing project, asserting his innocence and claiming a conspiracy against him. The controversy involves alleged violations of land laws and accusations of benami land deals.

Japan Arms Policy Shift Sparks China Ire

Japan Arms Policy Shift Sparks China Ire

Rediff.com1 May 2026

Beijing has been wary of Sanae Takaichi's efforts to boost Japan's military profile since taking office six months ago, points out Dr Rajaram Panda.

Kanpur Man Murders Twin Daughters After Lacing Food With Sleeping Pills

Kanpur Man Murders Twin Daughters After Lacing Food With Sleeping Pills

Rediff.com19 Apr 2026

A man in Kanpur, India, has been arrested for allegedly murdering his 11-year-old twin daughters after giving them food laced with sleeping pills. Police are investigating the motive behind the crime, with initial findings suggesting the father was mentally disturbed.

Malegaon 2006 Blasts Case: HC Discharges Accused, Slams NIA Probe

Malegaon 2006 Blasts Case: HC Discharges Accused, Slams NIA Probe

Rediff.com23 Apr 2026

The Bombay High Court has discharged four accused in the 2006 Malegaon blasts case, criticising the NIA for ignoring evidence collected by the previous investigating agency. The court's decision leaves the question of responsibility for the blasts, which killed 31 people, unanswered.

Bharat PET Files for Rs 760 Crore IPO: What You Need to Know

Bharat PET Files for Rs 760 Crore IPO: What You Need to Know

Rediff.com26 Mar 2026

Bharat PET Ltd, an integrated packaging solutions provider, has filed draft papers with SEBI to raise Rs 760 crore through an IPO, including a fresh issue and an offer for sale by promoters.

Ex-PNB Officials Jailed in Rs 1.57 Crore Loan Fraud Case

Ex-PNB Officials Jailed in Rs 1.57 Crore Loan Fraud Case

Rediff.com10 Apr 2026

A special CBI court in Ahmedabad convicted eight individuals, including three retired Punjab National Bank (PNB) officials, in a 2016 loan fraud case that resulted in a loss of Rs 1.57 crore to the bank.

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Rediff.com17 Apr 2026

The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.

US vows to prosecute Iranian oil buyers as Hormuz blockade begins

US vows to prosecute Iranian oil buyers as Hormuz blockade begins

Rediff.com14 Apr 2026

The US has threatened to prosecute those buying or selling sanctioned Iranian oil and has announced a blockade of the Strait of Hormuz after peace talks failed.

US-Iran talks collapse, markets plunge on West Asia conflict fears

US-Iran talks collapse, markets plunge on West Asia conflict fears

Rediff.com13 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower following the collapse of US-Iran negotiations, which heightened concerns of a prolonged conflict in West Asia and drove crude oil prices sharply higher.

Delhi Police Uncovers Fake Degree Syndicate, Arrests Seven

Delhi Police Uncovers Fake Degree Syndicate, Arrests Seven

Rediff.com10 Apr 2026

Delhi Police have dismantled a fake degree and certificate racket operating in southeast Delhi, arresting seven individuals involved in the production and distribution of forged educational documents.

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Rediff.com5 Apr 2026

Congress leader Rahul Gandhi has accused Assam Chief Minister Himanta Biswa Sarma of corruption and land grabbing, promising action if the Congress party wins the upcoming elections in Assam. Gandhi also criticised the BJP's governance and economic policies.

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Rediff.com24 Mar 2026

A special CBI court in Mumbai has convicted a retired bank manager and nine others in connection with a 2004 loan fraud case, sentencing them to prison terms ranging from one to five years.

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Rediff.com7 Apr 2026

India's auto retail sector achieved record-breaking sales of 2,96,71,064 units in FY26, a 13.3% increase, primarily driven by the implementation of GST 2.0 which reduced the tax burden on mass-segment vehicles, according to the Federation of Automobile Dealers Associations (FADA).

Police Investigate Alleged Abduction of Teenage Girl in Uttar Pradesh

Police Investigate Alleged Abduction of Teenage Girl in Uttar Pradesh

Rediff.com3 Apr 2026

A 16-year-old girl was allegedly abducted by two men on a motorcycle in broad daylight from a village in Pilibhit, Uttar Pradesh. Police have launched an investigation and are searching for the missing girl.

Mutual Fund Equity Purchases Hit Record High In 2025

Mutual Fund Equity Purchases Hit Record High In 2025

Rediff.com8 Dec 2025

The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time.

India's manufacturing sector growth jumps to 4-month high in Feb

India's manufacturing sector growth jumps to 4-month high in Feb

Rediff.com2 Mar 2026

India's manufacturing sector experienced a significant growth spurt in February, reaching a four-month high driven by strong domestic demand, according to the HSBC India Manufacturing PMI.

India's e-retail aisles buzz again, market hits $66 billion

India's e-retail aisles buzz again, market hits $66 billion

Rediff.com17 Apr 2026

India's online retail market concluded 2025 with electronic retail (e-retail) gross merchandise value (GMV) reaching $65-66 billion, a 19-21 per cent increase, according to a report by Bain & Company and Flipkart. This growth is significantly driven by GenZ shoppers and the rapid expansion of quick commerce, which has emerged as a global leader.

Bengaluru Police Crack Down on IPL Ticket Black Market, Arresting 11

Bengaluru Police Crack Down on IPL Ticket Black Market, Arresting 11

Rediff.com7 Apr 2026

Bengaluru police have arrested 11 individuals for allegedly black marketing tickets during an IPL cricket match. Authorities seized tickets, mobile phones, and evidence of online sales, totaling Rs 4.53 lakh.

Adani Group Challenges US Court Jurisdiction in Securities Fraud Case

Adani Group Challenges US Court Jurisdiction in Securities Fraud Case

Rediff.com8 Apr 2026

Gautam Adani and Sagar Adani are seeking the dismissal of a US Securities and Exchange Commission (SEC) securities fraud lawsuit, arguing that the case represents an impermissible extraterritorial application of US law and fails for lack of personal jurisdiction.

Punjab Police and BSF Uncover Pakistan-Linked Drug Smuggling Operation

Punjab Police and BSF Uncover Pakistan-Linked Drug Smuggling Operation

Rediff.com22 Mar 2026

Punjab Police, in collaboration with the Border Security Force, dismantled a cross-border drug smuggling operation, arresting three individuals and seizing a significant quantity of heroin, cash, and a drone used for deliveries from Pakistan.

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

Rediff.com9 Apr 2026

The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Enforcement Directorate Freezes Accounts in IDFC Bank-Linked Money Laundering Probe

Enforcement Directorate Freezes Accounts in IDFC Bank-Linked Money Laundering Probe

Rediff.com13 Mar 2026

The Enforcement Directorate has frozen 90 bank accounts following searches related to the alleged siphoning of Rs 590 crore of Haryana government funds through IDFC First Bank, involving shell companies and bogus billing for gold purchases.

India to Face Jamaica in Unity Cup Semifinal

India to Face Jamaica in Unity Cup Semifinal

Rediff.com8 Apr 2026

The Indian men's national football team will participate in the Unity Cup 2026, a four-nation friendly tournament held in London, marking their return to the UK for international matches after 24 years.

Chouhan Slams Mamata Banerjee Over Singur Land Impasse

Chouhan Slams Mamata Banerjee Over Singur Land Impasse

Rediff.com9 Apr 2026

Union Minister Shivraj Singh Chouhan criticised West Bengal Chief Minister Mamata Banerjee over the unresolved Singur land issue, claiming farmers feel betrayed and the land remains unproductive.

Delhi Fake Call Centre Busted for Insurance Policy Fraud

Delhi Fake Call Centre Busted for Insurance Policy Fraud

Rediff.com9 Apr 2026

Faridabad police have busted a fake call centre operating from Delhi and arrested six individuals involved in defrauding people by offering bogus bonuses on insurance policies.

Adanis win US court hearing in case to throw out SEC fraud suit

Adanis win US court hearing in case to throw out SEC fraud suit

Rediff.com8 Apr 2026

A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.

Man Arrested in Rajasthan Luxury Car and Crypto Investment Fraud

Man Arrested in Rajasthan Luxury Car and Crypto Investment Fraud

Rediff.com13 Mar 2026

Rajasthan Police have arrested a man allegedly involved in a large-scale fraud that collected crores in funds from people under the pretext of luxury car sales, cryptocurrency, and social media-based investment schemes.

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

How Uttarakhand GST Officials Used Undercover Firms to Expose Tax Evasion

Rediff.com19 Mar 2026

Uttarakhand GST officials conducted an elaborate undercover operation, creating fake firms to expose a company evading over Rs 150 crore in taxes.

Kanpur Medical Store Owner Arrested in Cough Syrup Probe

Kanpur Medical Store Owner Arrested in Cough Syrup Probe

Rediff.com3 Mar 2026

Kanpur Crime Branch arrests a medical store owner for allegedly illegally buying and selling codeine-based cough syrup as part of a larger investigation into the illicit trade of regulated pharmaceuticals.

Trump, Putin discuss Iran crisis as Hormuz disruption jolts global energy

Trump, Putin discuss Iran crisis as Hormuz disruption jolts global energy

Rediff.com10 Mar 2026

US President Donald Trump and Russian President Vladimir Putin discussed the Iran conflict and its impact on global energy supplies during a phone call.

Eknath Khadse Faces Fraud Allegations Over Land Deal

Eknath Khadse Faces Fraud Allegations Over Land Deal

Rediff.com30 Mar 2026

Nationalist Congress Party (SP) MLC Eknath Khadse and his daughter have been booked for allegedly cheating an elderly woman by assuring a sugar factory on her land and taking its possession with the help of forged papers in Maharashtra's Jalgaon district.

'Starting process of...': US warships cross Hormuz for 1st time since Iran war

'Starting process of...': US warships cross Hormuz for 1st time since Iran war

Rediff.com11 Apr 2026

US President Donald Trump has announced plans to clear the Strait of Hormuz to secure the vital oil corridor, citing risks to global energy supplies and criticising other nations' inaction.

Russia refuses to disclose data on crude export to India

Russia refuses to disclose data on crude export to India

Rediff.com7 Mar 2026

The Kremlin has announced it will not disclose data on crude oil exports to India, citing concerns about 'ill-wishers'. This decision follows reports of increased Russian oil supplies to India and China amid geopolitical tensions.

Indian E-Commerce Market Poised for Massive Growth by 2030

Indian E-Commerce Market Poised for Massive Growth by 2030

Rediff.com7 Apr 2026

A new report by Google and Deloitte projects India's e-commerce market will nearly triple to USD 250 billion by 2030, driven by Gen Z shoppers, quick commerce expansion, and AI.

Thane family loses Rs 1.66 crore in black magic fraud

Thane family loses Rs 1.66 crore in black magic fraud

Rediff.com5 Apr 2026

A family in Thane, Maharashtra, was allegedly defrauded of over Rs 1.66 crore by a man who exploited their fear of black magic, promising divine remedies through rituals and pilgrimages.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.