News for 'Governance and Public Sector Management Unit'

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com7 days ago

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

Noida factory workers' protest over pay hike turns violent; govt steps in

Noida factory workers' protest over pay hike turns violent; govt steps in

Rediff.com13 Apr 2026

Protests by factory workers in Noida, India, demanding wage increases turned violent, resulting in arson, vandalism, and stone-pelting in Phase-2 and Sector 60 areas. Police have been deployed to control the situation and maintain order.

Suicides Highlight HR Ailment At Public Sector Banks

Suicides Highlight HR Ailment At Public Sector Banks

Rediff.com5 May 2023

It may sound bizarre, but incidents of public sector bankers dying by suicide could probably equal the number of such bankers quitting their jobs, reveals Tamal Bandyopadhyay.

Why Noida's Industrial Hub Erupted In Protest

Why Noida's Industrial Hub Erupted In Protest

Rediff.com14 Apr 2026

'Workers are being pushed into 12- to 14-hour shifts under poor conditions. These largely leaderless protests are likely to continue.'

ESMA invoked to ramp up LPG production amid fuel crisis

ESMA invoked to ramp up LPG production amid fuel crisis

Rediff.com6 Mar 2026

The Indian government has directed oil refineries to increase LPG production to ensure a stable supply of domestic cooking gas, amidst concerns over potential disruptions from the escalating Middle East conflict and its impact on imports.

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Rediff.com3 Apr 2026

Aranmula, Kerala, prepares for Assembly elections with a focus on development, health sector performance, and religious sentiments, as incumbent Health Minister Veena George faces challenges from Congress and BJP candidates.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com20 Mar 2026

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

Rediff.com2 Apr 2026

The LPG squeeze on India's restaurant sector is the quotidian face of a deeper crisis.

West Asia conflict: Modi urges states to guard supply chains, curb panic

West Asia conflict: Modi urges states to guard supply chains, curb panic

Rediff.com28 Mar 2026

Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

Rediff.com12 Mar 2026

Responding to concerns raised by Leader of the Opposition Rahul Gandhi in the Lok Sabha, Petroleum Minister Hardeep Puri said it is the foremost priority of the government that the kitchens of over 33 crore families, especially the poor and the underprivileged, do not face any shortage of gas.

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Rediff.com13 Mar 2026

24 Indian-flagged vessels with 677 Indian seafarers were currently located west of the Strait of Hormuz, and four vessels with 101 Indian seafarers were stationed east of the strategic waterway.

Why Did Israel Kill Ali Larijani?

Why Did Israel Kill Ali Larijani?

Rediff.com18 Mar 2026

Israel has for more than two decades and several US presidencies worked to draw the United States into a full-scale war with Iran. Having finally achieved that, the last thing it wants is Trump declaring victory and going home, as he is prone to do. Ali Larijani was the figure most capable of handing Trump a negotiated exit with something to show for it. Without Larijani, the road to an exit gets considerably narrower. Prem Panicker continues his must read daily blog on the Gulf War.

HUL tops sustainability rankings as India Inc deepens ESG focus

HUL tops sustainability rankings as India Inc deepens ESG focus

Rediff.com19 Feb 2026

Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 - 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

Can India Reset Ties With Bangladesh?

Can India Reset Ties With Bangladesh?

Rediff.com24 Feb 2026

Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Rediff.com31 Jan 2026

Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.

6 Indian public sector banks will cease to exist from Wed

6 Indian public sector banks will cease to exist from Wed

Rediff.com31 Mar 2020

As per the mega consolidation plan, Oriental Bank of Commerce and United Bank of India will merge into Punjab National Bank (PNB); Syndicate Bank into Canara Bank; Andhra Bank and Corporation Bank into Union Bank of India; and Allahabad Bank into Indian Bank. Following this merger, PNB will become second largest after the SBI, Canara Bank fourth, Union Bank of India fifth and Indian Bank seventh biggest public sector lender.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

'Public sector banks fear being hounded by the 3Cs'

'Public sector banks fear being hounded by the 3Cs'

Rediff.com8 Dec 2017

'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

L&T bets big on data centres, defence sector

L&T bets big on data centres, defence sector

Rediff.com26 Aug 2025

Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.

The Illusion Of India's 8% Growth

The Illusion Of India's 8% Growth

Rediff.com21 Jan 2026

The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.

3 public sector banks to get new CMDs this fiscal

3 public sector banks to get new CMDs this fiscal

Rediff.com1 Jun 2009

The appointments in 2009-10 would include the CMDs of Syndicate Bank, Bank of India and United Bank of India, sources said. These appointments will be there because of vacancy arising on account of superannuation of the existing chiefs, sources said.

Why are public sector banks under financial pressure?

Why are public sector banks under financial pressure?

Rediff.com6 Mar 2014

Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.

Need of the hour: Reform in public sector banks will ensure growth

Need of the hour: Reform in public sector banks will ensure growth

Rediff.com13 Mar 2014

Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.

'Andhra Will Become Gateway Of India For Investment'

'Andhra Will Become Gateway Of India For Investment'

Rediff.com26 Nov 2025

'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

'India's biggest health crisis since Covid'

'India's biggest health crisis since Covid'

Rediff.com26 Dec 2025

Experts warn that air pollution in India is a major public health crisis, leading to a surge in undiagnosed airway diseases and cardiovascular issues. They urge for urgent action, early detection, and treatment.

ISRO Clears 200 Milestones, Gaganyaan Next

ISRO Clears 200 Milestones, Gaganyaan Next

Rediff.com24 Dec 2025

From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033.

Bad loans are biggest challenge facing public sector banks, says FM

Bad loans are biggest challenge facing public sector banks, says FM

Rediff.com5 Mar 2014

Bad loans of PSU banks rose by 28.5 per cent.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

Why Freebies May Not Save Stalin's DMK

Why Freebies May Not Save Stalin's DMK

Rediff.com16 Jan 2026

While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

Perform or perish: Govt to public sector banks

Perform or perish: Govt to public sector banks

Rediff.com8 Feb 2015

In a message to public sector banks (PSBs) that only performers will survive, the government, in an unprecedented move, has decided to allocate capital to only nine PSBs.

Don't rush to buy public sector bank stocks

Don't rush to buy public sector bank stocks

Rediff.com5 Feb 2018

Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.

Amarinder Singh says BJP ignores him, but rules out Congress return

Amarinder Singh says BJP ignores him, but rules out Congress return

Rediff.com12 Dec 2025

Former Punjab Chief Minister Amarinder Singh criticizes the BJP's functioning, stating he is not being consulted. He rules out rejoining the Congress but expresses willingness to help Sonia Gandhi personally. He also discusses Punjab's political landscape, AAP's performance, and national security.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.