Reports on $21 million USAID fund to India ‘deeply troubling’: MEA

Reports on  million USAID fund to India ‘deeply troubling’: MEA

MEA Spokesperson Randhir Jaiswal. File | Photo Credit: ANI India on Friday (February 21, 2025) said that the reports about USAID’s alleged $21 million funding ‘for voter turnout’ in India is “deeply troubling” and has led to concerns regarding foreign interference in India’s internal affairs. Addressing a press briefing, the Ministry of External Affairs spokesperson … Read more

ADHD: ‘We re-mortgaged to fund our children’s medication’

ADHD: ‘We re-mortgaged to fund our children’s medication’

BBC Jannine described her son’s ADHD as “debilitating” Nearly 400,000 private prescriptions for ADHD medication were issued last year as patients sought to bypass lengthy NHS waiting lists, with people spending millions of pounds on treatment. Figures obtained by the BBC show the number of prescriptions for drugs rose from 28,439 in 2018-19 to 397,552 … Read more

Being a mutual fund distributor is a good career option, says Zerodha’s Nithin Kamath

Being a mutual fund distributor is a good career option, says Zerodha’s Nithin Kamath

Lack of an advisory ecosystem in India is the biggest impediment for the domestic mutual fund industry, Zerodha Founder and CEO Nithin Kamath said as he lamented inadequate number of Registered Investment Advisors (RIAs) and Mutual Fund Distributors (MFDs). While Zerodha offers direct plans, the entrepreneur acknowledged the role of MFDs in taking the industry … Read more

Lock-up contingency fund in Karnataka doubled after a decade

Lock-up contingency fund in Karnataka doubled after a decade

This move is aimed at addressing the rising costs of essentials, such as food and other necessities, for suspects detained in police stations. | Photo Credit: file photo The State government has increased the lock-up contingency fund given to the station house in charge after a decade, from ₹75 to ₹150 per detainee. This move … Read more

Sebi mulls allowing Associations of Persons to open demat accounts

Sebi mulls allowing Associations of Persons to open demat accounts

Markets regulator Sebi on Wednesday proposed allowing Associations of Persons (AOPs) to open demat accounts in their name to hold certain securities, excluding equity shares. The proposal if implemented would promote ease of doing business and encourage the shift from physical to electronic holdings of securities. In its consultation paper, Sebi has proposed amending its … Read more

CPI writes to Naidu seeking fund allocation for lift irrigation schemes

CPI writes to Naidu seeking fund allocation for lift irrigation schemes

The Communist Party of India (CPI) wrote to Chief Minister N. Chandrababu Naidu urging him to take immediate measures and allocate funds for the repairs of the Rajolibanda diversion scheme and Guru Raghavendra Lift Irrigation Scheme in Kurnool district. In a letter on Sunday, CPI State secretary K. Ramakrishna said that Mantralyam, Emmiganuru, and Kodumur constituencies … Read more

Sebi slaps penalty of Rs 11 lakh on IIFL Securities in violation of stock brokers’ norms

Sebi slaps penalty of Rs 11 lakh on IIFL Securities in violation of stock brokers’ norms

Market regulator Securities and Exchange Board of India (Sebi) has imposed a penalty of Rs 11 lakh on IIFL Securities after finding the company in violation of stock brokers’ norms. Sebi conducted an inspection of IIFL Securities between August 18 and August 25, 2022 to look into various compliance requirements for the period beginning April … Read more

Investigation into workers’ fund fraud in Odisha’s Rayagada district progressing at sluggish pace

Investigation into workers’ fund fraud in Odisha’s Rayagada district progressing at sluggish pace

The investigation into the massive fraud, where deceased individuals were falsely registered as workers under the Odisha Building and Other Construction Workers’ Welfare Board (OBOCWWB) and death benefits were fraudulently claimed, seems to be progressing at a sluggish pace. Replying to a query on fraud detected in the Divisional Labour Commissioner (DLC), Rayagada in the … Read more

HD Kumaraswamy slams Karnataka government for fuel price hike: ‘To fund schemes’

HD Kumaraswamy slams Karnataka government for fuel price hike: ‘To fund schemes’

Union Heavy Industries and Steel Minister HD Kumaraswamy on Monday lashed out at the Congress-led Karnataka government for the recent hike in sales tax on fuel, which has made petrol and diesel costlier in the state. The Janata Dal (Secular) leader said the fuel prices were hiked by Chief Minister Siddaramaiah-led government to fund Congress’s … Read more