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Why Congress is against UBI

'UBI is a tricky subject.''Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'Amit Agnihotri reports. The Congress is wary of the Universal Basic......

ED finds over Rs 104 crore in BSP account; Mayawati's brother under scanner

The Enforcement Directorate on Monday detected cash deposits totalling over Rs 104 crore in an account belonging to the Bahujan Samaj Party and Rs 1.43 crore in an account belonging to party......

Will Modi okay UBI for J&K?

The Jammu and Kashmir government, along with Chief Economic Advisor Arvind Subramanian, is preparing a detailed presentation for the Prime Minister’s Office on implementing universal basic......

Universal Basic Income: Modiji's ultimate poverty killer

The Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP, assuming that those in the top 25 per cent income bracket are not part of the loop. Invoking......

Home, auto loans to become cheaper as SBI, PNB, UBI slash lending rates

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to......

Greece crisis to have no impact on us: UBI chief

Arun Tiwari (photographed below), chairman and managing director of Union Bank of India, says the worst is over so far as asset quality is concerned, as slippages are coming down and recoveries are......

UBI knocks on EU regulator's door against Airbus

United Bank of India is set to complain to the European  market regulator about Airbus’ declining  to return an advance from Kingfisher for purchase of aircraft. The Kolkata-based......
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Jagatjit Industries raises Rs 265Cr towards working capital needs

Jagatjit Industries Limited (JIL), an Indian Made Foreign Liquor (IMFL) company announced that it has raised structured debt funding of Rs 265crore... ...

http://www.business-standard.com/article/news-ani/jagatjit-industries-raises-rs-265cr-towards-working-capital-needs-118011200314_1.html
Rift over first ESOP issuance by UBI, Allahabad Bank

Recently, UBI's board of directors had approved a proposal to issue up to 50 million equity shares in one or more tranches by way of ESOP Namrata... ...

http://www.business-standard.com/article/finance/rift-over-first-esop-issuance-by-ubi-allahabad-bank-118010600757_1.html
RBI prescribes additional corrective measures against United Bank of India

The RBI, based on the assessment of the bank's position as on March 31, has ordered UBI to undertake a slew of actions focused on 'profit... ...

http://www.business-standard.com/article/economy-policy/rbi-prescribes-additional-corrective-measures-against-united-bank-of-india-117122001000_1.html
Wall Street rally stalls ahead of tax bill vote

By Sruthi Shankar (Reuters) - Wall Street dipped on Tuesday ahead of a vote on a bill to overhaul the U.S. tax system, with a pullback in... ...

http://www.sify.com/finance/wall-street-rally-stalls-ahead-of-tax-bill-vote-news-equity-rmttF4iafccgj.html
'We will lose one month's revenue because of GST'

'First priority should be to simplify the GST.' 'Bank consolidation as a reform is overstated.' 'You cannot create jobs sustainably when you grow... ...

http://www.rediff.com/money/interview/we-will-lose-one-months-revenue-because-of-gst/20171208.htm

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