News for 'PSU Banks let India'

Efforts to sell PSU stakes lose steam

Efforts to sell PSU stakes lose steam

Rediff.com7 Jan 2014

One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.

Markets snap 4-day losing streak; IT, auto top gainers

Markets snap 4-day losing streak; IT, auto top gainers

Rediff.com29 Jul 2015

Sensex, Nifty slightly upbeat, midcaps to rule markets this week.

India can grow at 10% if reforms continue to kick in: Mark Mobius

India can grow at 10% if reforms continue to kick in: Mark Mobius

Rediff.com3 Jun 2016

Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing

'Suggest gold, silver MF SIPs to invest'

'Suggest gold, silver MF SIPs to invest'

Rediff.com14 Nov 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Indian equities slide as US-China trade war intensifies

Indian equities slide as US-China trade war intensifies

Rediff.com18 Jun 2018

The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.

How UPA's gold import scheme provided fodder for PNB scam

How UPA's gold import scheme provided fodder for PNB scam

Rediff.com7 Mar 2018

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

MF GURU: 'Restrict your portfolio to 4 to 6 funds'

MF GURU: 'Restrict your portfolio to 4 to 6 funds'

Rediff.com11 Apr 2022

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

India's economic indicators suggest a mixed picture

India's economic indicators suggest a mixed picture

Rediff.com8 Aug 2016

Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak.

Rs 500/1000 chaos on Day1: 'Did we create black money?'

Rs 500/1000 chaos on Day1: 'Did we create black money?'

Rediff.com10 Nov 2016

'Then why should people like us face this inconvenience?'

Centre, EC take contrary stands in SC on electoral bonds

Centre, EC take contrary stands in SC on electoral bonds

Rediff.com10 Apr 2019

'Secrecy allowed in the electoral bonds scheme legalises anonymity'

Sensex sheds 159 points on weak global cues, profit-booking

Sensex sheds 159 points on weak global cues, profit-booking

Rediff.com2 Jul 2018

Losses largely came from the metal index, followed by power, infrastructure, realty, PSU, oil and gas, capital goods, FMCG, healthcare, auto and banking.

Why Sensex ended 521 points higher today

Why Sensex ended 521 points higher today

Rediff.com18 Oct 2016

ICICI Bank extended yesterday gains, rising 10% in two trading sessions

'A rate cut likely over the next couple of months'

'A rate cut likely over the next couple of months'

Rediff.com4 Aug 2015

The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.

Deepak Parekh seeks pro-growth Budget, large PSU divestments

Deepak Parekh seeks pro-growth Budget, large PSU divestments

Rediff.com23 Feb 2015

Parekh said divestment can unlock huge funds.

Want to invest in Corporate FDs? Read this

Want to invest in Corporate FDs? Read this

Rediff.com5 Nov 2020

When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.

Markets rebound: Sensex ends 568 points higher; Nifty reclaims 7,150

Markets rebound: Sensex ends 568 points higher; Nifty reclaims 7,150

Rediff.com15 Feb 2016

Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.

How RBI can prevent PNB-like frauds

How RBI can prevent PNB-like frauds

Rediff.com15 Mar 2018

'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.

Weekly GK Quiz: Test your skills!

Weekly GK Quiz: Test your skills!

Rediff.com27 Nov 2015

In which Indian state will India's first mega silk cluster come up?

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

Rediff.com27 Nov 2020

LPG customers of Bharat Petroleum Corporation Limited (BPCL) will continue to get cooking gas subsidy post-privatisation of the nation's second-biggest fuel retailers, Oil Minister Dharmendra Pradhan said on Friday. "Subsidy on LPG is paid to consumers directly and not to any company. So the ownership of the company that sells LPG is not of any material consequence," Pradhan told PTI. The government gives 12 cooking gas (LPG) cylinders of 14.2-kg each to households in a year at a subsidised rate.

Quiz: How good is your GK?

Quiz: How good is your GK?

Rediff.com9 Jan 2017

Take our quiz and find out how updated you are on current affairs.

Expert tips to crack the IBPS Bank PO exam

Expert tips to crack the IBPS Bank PO exam

Rediff.com30 Sep 2015

Last minute tips to ace the Common Written Examination for probationary officers for public sector banks.

Why we need to manage our Budget expectations

Why we need to manage our Budget expectations

Rediff.com27 Feb 2015

Most expect the Budget to be path-breaking.

India's 10 biggest companies

India's 10 biggest companies

Rediff.com15 Dec 2014

Five out of the top 10 companies in Fortune 500 list of Indian companies are from the oil sector.

Sensex, Nifty drop as trade war fears grip markets

Sensex, Nifty drop as trade war fears grip markets

Rediff.com22 Mar 2018

Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.

Sensex posts biggest gains in 6 months, reclaims 37K mark in pre-poll rally

Sensex posts biggest gains in 6 months, reclaims 37K mark in pre-poll rally

Rediff.com11 Mar 2019

Power, oil and gas, PSU, metal, banking, auto, capital goods, infrastructure and healthcare sector stocks witnessed heavy buying through the session.

Market crash? A short-term bounce is on the cards

Market crash? A short-term bounce is on the cards

Rediff.com19 Jan 2016

The bear market has lasted 10 months and the Nifty is down by over 20 per cent from its all-time peak of 9,119 in March 2015.

Planning to Invest in Bonds?

Planning to Invest in Bonds?

Rediff.com25 Feb 2022

If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.

The markets' new Santa Claus

The markets' new Santa Claus

Rediff.com3 Nov 2014

The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern

Govt to go ahead with Coal India disinvestment: Chidambaram

Govt to go ahead with Coal India disinvestment: Chidambaram

Rediff.com13 Jun 2013

An Inter-ministerial panel had last month approved 10 per cent equity sale in Coal India. At present, the government holds 90 per cent stake in the firm.

Modi Sarkar's Rs 6.26 trillion bonanza for PSUs

Modi Sarkar's Rs 6.26 trillion bonanza for PSUs

Rediff.com9 Mar 2019

Modi government's story of five years with regard to equity allocation for PSUs shows that it may have allowed a large part of its resources to be wasted. This is also a worrying reflection of the government's inability to take hard decisions - whether they pertain to privatisation or forcing weak public-sector banks to wind down their operations, says A K Bhattacharya.

UTI MF issue size likely to be up to Rs 4000 cr

UTI MF issue size likely to be up to Rs 4000 cr

Rediff.com21 Dec 2019

The IPO is an offer for sale of 38 million shares by SBI, BOB, LIC, PNB and T Rowe Price. Barring T Rowe and PNB, the others are selling stake to comply with Sebi norms.

MF equity flows climb to 11-month high, garner over Rs 10,000 crore

MF equity flows climb to 11-month high, garner over Rs 10,000 crore

Rediff.com11 Mar 2020

The flows may stem and redemptions pressure increase following the market meltdown of Monday amid mounting cases of coronavirus infection globally.

Bankers' fees for IPOs lowest in seven years

Bankers' fees for IPOs lowest in seven years

Rediff.com1 Nov 2017

In the first nine months of 2017, investment banks pocketed Rs 500 crore for helping companies raise Rs 30,853 crore through IPOs.

MFs for medium and high-risk investors

MFs for medium and high-risk investors

Rediff.com19 Feb 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

India's infrastructure action on the Twitter route

India's infrastructure action on the Twitter route

Rediff.com18 Dec 2013

From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.

Sensex posts best gain in nearly 3 months on better monsoon forecast

Sensex posts best gain in nearly 3 months on better monsoon forecast

Rediff.com25 May 2016

Above normal monsoon forecast and strength in Asian equities lifted sentiments.

Don't outsource loan processing tasks: RBI to bankers

Don't outsource loan processing tasks: RBI to bankers

Rediff.com23 Mar 2015

The Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.

Agnipath: Veterans fail to find govt jobs after retirement

Agnipath: Veterans fail to find govt jobs after retirement

Rediff.com21 Jun 2022

Even as Union ministers allay misgivings over Agnipath, figures show a meagre 2.4 per cent of the ex-servicemen who applied for a government job could get one as the Centre and the states have been unable to recruit against the reserved quotas. Public sector undertakings (PSUs), ministries, and officials of Sainik Boards have blamed it on the lack of skill among ex-servicemen. They say veterans' inability to qualify in selection exams is one of reasons for this. Also, non-recognition of qualifications obtained from the military are reasons why their recruitment has remained significantly low, pushing them towards low-skill jobs.

Mutual fund investment: Buy, sell, or hold?

Mutual fund investment: Buy, sell, or hold?

Rediff.com11 Oct 2019

Wondering if you did the right thing with your mutual fund investments?

Mid- and small-cap stock indices not yet out of the woods

Mid- and small-cap stock indices not yet out of the woods

Rediff.com10 Jul 2019

The proposal to increase public float, hike income tax surcharge, move to tax share buybacks and lack of stimulus to shore up economic growth has hurt investor sentiment.