News for 'treasury'

Another Arrest Made In Jharkhand Treasury Scam

Another Arrest Made In Jharkhand Treasury Scam

Rediff.com5 May 2026

The Jharkhand Criminal Investigation Department (CID) has arrested another person in connection with the alleged Hazaribag treasury scam, bringing the total number of arrests to six. The investigation, ordered by the Jharkhand government, focuses on the illegal withdrawal of money from the Hazaribagh Treasury. A Special Investigation Team (SIT) has been formed to handle the case.

Rs 10 Crore Money Trail Uncovered In Jharkhand Treasury Scam

Rs 10 Crore Money Trail Uncovered In Jharkhand Treasury Scam

Rediff.com1 May 2026

The Jharkhand Criminal Investigation Department (CID) has uncovered a money trail of Rs 10 crore related to the Bokaro treasury scam, freezing several fixed deposits and arresting multiple individuals, including police personnel and an accountant.

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Rediff.com29 Apr 2026

Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.

Jharkhand Parties Demand Pay For Police Amid Treasury Scam

Jharkhand Parties Demand Pay For Police Amid Treasury Scam

Rediff.com28 Apr 2026

Opposition parties in Jharkhand are demanding the release of salaries for police personnel, which have been withheld following the discovery of irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not been paid since March, prompting calls for a thorough investigation and prompt action from the state government.

Jharkhand Finance Minister Orders Investigation into Treasury Fraud

Jharkhand Finance Minister Orders Investigation into Treasury Fraud

Rediff.com10 Apr 2026

Jharkhand's Finance Minister has ordered a statewide investigation into alleged fraudulent salary withdrawals from government treasuries, following reports of irregularities in multiple districts.

Accountant Embezzles Over Rs 6 Crore from Bokaro Treasury

Accountant Embezzles Over Rs 6 Crore from Bokaro Treasury

Rediff.com10 Apr 2026

An accountant in Bokaro district, India, has been arrested for allegedly embezzling over Rs 6 crore from the treasury's salary disbursement account. Investigations are ongoing to determine the full extent of the fraud.

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Hazaribag Treasury Scam: Arrests Increase as Embezzlement Reaches 28 Crore

Rediff.com10 Apr 2026

The Hazaribag Superintendent of Police (SP) Office treasury scam has seen further developments with more arrests and a significant increase in the embezzlement amount to 28 crore. The investigation continues, with authorities pursuing leads in Bihar and freezing suspicious accounts.

Hazaribag SP Office Treasury Scam: Arrests Increase, Embezzlement Reaches Rs 28 Crore

Hazaribag SP Office Treasury Scam: Arrests Increase, Embezzlement Reaches Rs 28 Crore

Rediff.com10 Apr 2026

The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com4 hours ago

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Jharkhand BJP Urges Prompt Police Salary Disbursement

Jharkhand BJP Urges Prompt Police Salary Disbursement

Rediff.com28 Apr 2026

The opposition BJP in Jharkhand has demanded the prompt payment of salaries to police personnel, which have been withheld following alleged irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not received their salaries since March due to ongoing investigations into the matter.

When Trump Met Xi: Check Out The Body Language

When Trump Met Xi: Check Out The Body Language

Rediff.com4 days ago

US President Donald Trump and Chinese President Xi Jinping began a crucial two-day summit in Beijing on Thursday, with both leaders signalling a desire to stabilise relations between the world's two biggest economies despite deep disagreements on trade, Taiwan, technology and security issues.

US Justice Dept drops all criminal charges against Gautam Adani, case closed permanently

US Justice Dept drops all criminal charges against Gautam Adani, case closed permanently

Rediff.com5 hours ago

The US Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, concluding a high-profile securities and wire fraud case in New York after prosecutors determined they could not sustain the allegations.

Why US Dropped Criminal Charges Against Gautam Adani

Why US Dropped Criminal Charges Against Gautam Adani

Rediff.com7 hours ago

The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.

Will continue purchasing Russian oil regardless of...: India

Will continue purchasing Russian oil regardless of...: India

Rediff.com9 hours ago

India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.

Rupee crashes to record 95.80 against USD, settles near all-time low

Rupee crashes to record 95.80 against USD, settles near all-time low

Rediff.com5 days ago

The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.

India-Pak truce a favour to Sharif, Munir: Trump repeats mediation claims

India-Pak truce a favour to Sharif, Munir: Trump repeats mediation claims

Rediff.com3 days ago

US President Donald Trump on Friday said that the 'ceasefire' that he got done between India and Pakistan was a favour to their army chief Asim Munir and Prime Minister Shehbaz Sharif.

Relief for India as US renews Russian oil waiver for 30 days

Relief for India as US renews Russian oil waiver for 30 days

Rediff.com18 Apr 2026

The United States has extended a waiver from sanctions to allow countries to buy petroleum products from Russia by a month, days after it ruled out renewal of the special measure.

Tariffs on India 'huge success', may be rolled back: US treasury secy

Tariffs on India 'huge success', may be rolled back: US treasury secy

Rediff.com24 Jan 2026

US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.

'Challenges Are Not New To Us'

'Challenges Are Not New To Us'

Rediff.com15 hours ago

'Unfortunately the treasury is empty, in zero. So we have to first make money for the development activities of the state, and also to continue the welfare measures.'

Jharkhand Officials Arrested in Multi-Million Embezzlement Scheme

Jharkhand Officials Arrested in Multi-Million Embezzlement Scheme

Rediff.com9 Apr 2026

Three treasury employees in Hazaribag, Jharkhand, have been arrested for allegedly embezzling Rs 15.41 crore from government bank accounts over eight years, prompting criticism from the opposition BJP.

Trump to put his pic in limited edition American passports

Trump to put his pic in limited edition American passports

Rediff.com29 Apr 2026

The US State Department is set to release a limited-edition passport featuring images of President Donald Trump and the Founding Fathers to commemorate the 250th anniversary of American independence in July. The special passports will be available in person at the Washington Passport Agency.

Punjab BJP Condemns AAP's Alleged Hooliganism, Warns Of Bengal-Like Conditions

Punjab BJP Condemns AAP's Alleged Hooliganism, Warns Of Bengal-Like Conditions

Rediff.com7 days ago

Punjab BJP chief Sunil Jakhar has accused AAP workers of 'hooliganism' at BJP offices across Punjab, while Haryana CM Nayab Singh Saini criticised the AAP government in Punjab for alleged corruption following recent ED raids.

TVK's Prabhakar unanimously elected Tamil Nadu assembly speaker

TVK's Prabhakar unanimously elected Tamil Nadu assembly speaker

Rediff.com6 days ago

JCD Prabhakar of the TVK party has been unanimously elected as the Speaker of the Tamil Nadu Assembly. Chief Minister C Joseph Vijay emphasised the Assembly's role in transforming public expectations into effective policies and laws.

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Rediff.com3 days ago

Kerala's Chief Minister-designate V D Satheesan visited senior Congress leader Ramesh Chennithala, emphasising their close relationship and seeking blessings for his new role.

Banking liquidity surplus stays over Rs 5 trn

Banking liquidity surplus stays over Rs 5 trn

Rediff.com16 Apr 2026

India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

Rediff.com10 May 2026

TVK founder Vijay, upon becoming Chief Minister, approved free electricity units and special forces for women's safety and anti-drug efforts. He pledged a commitment to secularism and social justice, asserting his authority as the sole power centre.

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Rediff.com6 days ago

US President Donald Trump is set to visit China for talks with President Xi Jinping on trade, global issues, and the Gulf war. The visit aims to address trade frictions and other key issues, with high expectations for progress.

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com7 days ago

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com4 days ago

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Seven Women Arrested In UP School Embezzlement Case

Seven Women Arrested In UP School Embezzlement Case

Rediff.com3 May 2026

Seven women, including two wives of an accused peon, have been arrested in connection with an alleged embezzlement of Rs 5.5 crore from the District Inspector of Schools office in Pilibhit, officials said on Saturday.

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

IRCTC Bets Big on Payments Play

IRCTC Bets Big on Payments Play

Rediff.com23 Apr 2026

IRCTC is expanding its payments arm, IRCTC Payments, to handle transactions across its ticketing platform and tap government clients, aiming to scale its annual payment processing to approximately 1 trillion.

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

CM Vijay promises to be the only power centre in Tamil Nadu

CM Vijay promises to be the only power centre in Tamil Nadu

Rediff.com10 May 2026

C Joseph Vijay was sworn in as the Tamil Nadu Chief Minister, marking the first non-DMK, non-AIADMK government in the state in 60 years. The ceremony was attended by Rahul Gandhi, and Vijay promised transparent governance and asserted his sole authority. He signed files to implement key promises, including free power for domestic consumers.

Suvendu Adhikari: From Mamata's confidant to archnemesis

Suvendu Adhikari: From Mamata's confidant to archnemesis

Rediff.com8 May 2026

Suvendu Adhikari's rise within the BJP in West Bengal has been marked by strategic victories and relentless opposition to the TMC, culminating in his leadership role within the party's legislative wing.

Police in Latur Destroy Illegal Vehicle Accessories Worth Lakhs

Police in Latur Destroy Illegal Vehicle Accessories Worth Lakhs

Rediff.com7 Apr 2026

Latur police destroyed illegal vehicle accessories, including modified silencers and loud horns, worth Rs 9.18 lakh as part of a crackdown on noise pollution.

Trump's Signature on US Currency Marks Historic First

Trump's Signature on US Currency Marks Historic First

Rediff.com27 Mar 2026

US President Donald Trump's signature will soon appear on US paper currency, coinciding with the 250th anniversary celebrations of American Independence.

Countries Invested In America's Money

Countries Invested In America's Money

Rediff.com26 Mar 2026

The Iran war has brought notice to the countries that are heavily invested in US Treasury bonds. Iran considers them US allies.

'Vijay's Economic Policies Are Ultra-Left, Like MamataDi's'

'Vijay's Economic Policies Are Ultra-Left, Like MamataDi's'

Rediff.com7 May 2026

'If you read the TVK manifesto, it is doles and much more doles. But the state has been habituated to this.' 'In no way is he distinct or different from the DMK regime.'

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.