News for 'State for Business'

PSBs' staff count rises for 1st time in 5 years

PSBs' staff count rises for 1st time in 5 years

Rediff.com31 Dec 2025

Public sector banks' (PSBs') employee count grew for the first time in five years while private sector banks' staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI). The employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.

Pan-India SIR: EC to begin with states going to polls next year

Pan-India SIR: EC to begin with states going to polls next year

Rediff.com10 Oct 2025

The Election Commission is expected to initiate a phased, pan-India special intensive revision (SIR) of the voters' list, prioritizing states with upcoming assembly elections. This cleanup exercise aims to weed out illegal foreign migrants and ensure accurate electoral rolls.

Blinkit drops 10-minute delivery claim; Swiggy, Zepto may follow suit

Blinkit drops 10-minute delivery claim; Swiggy, Zepto may follow suit

Rediff.com13 Jan 2026

Eternal-owned quick-commerce firm Blinkit has dropped its '10-minute' delivery claim after intervention by the Labour Ministry amid growing concerns over the welfare and safety of delivery workers.

GST collections rise 6% to over Rs 1.74 lakh cr in December 2025

GST collections rise 6% to over Rs 1.74 lakh cr in December 2025

Rediff.com1 Jan 2026

Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, even as sweeping tax cuts slowed down growth in revenues from domestic transactions, according to government data released on Thursday.

Now, Trump hints at action in Colombia; sparks backlash

Now, Trump hints at action in Colombia; sparks backlash

Rediff.com5 Jan 2026

United States President Donald Trump ignited controversy after making sharp and unprecedented remarks about Colombia during a brief exchange with reporters.

Will Nitin Nabin Really Be Modi's 'Boss'?

Will Nitin Nabin Really Be Modi's 'Boss'?

Rediff.com21 Jan 2026

Given Modi's track record from the time he became Gujarat chief minister in October 2001, it is highly improbable that Nabin will get opportunities to display his individual capacity. Even the team of organisational leaders that he will 'appoint' in a few weeks or months, will unlikely to be his choice, predicts Nilanjan Mukhopadhyay.

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Rediff.com14 Oct 2025

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.

'Equity Market Poised For Comeback In 2026'

'Equity Market Poised For Comeback In 2026'

Rediff.com14 Jan 2026

'The bigger unknown remains global geopolitics, which is inherently unpredictable, including developments in our neighbourhood.' 'Another concern is the increasing tilt of government finances towards welfare subsidies, especially at the state level.' 'This could constrain capital expenditure, which is critical for long-term growth.'

Bangladesh Telecast Ban Won't Hurt IPL

Bangladesh Telecast Ban Won't Hurt IPL

Rediff.com6 Jan 2026

According to experts, the ban will not result in revenue loss for the BCCI or the IPL broadcasters.

Venezuela Turmoil Unlikely To Rattle India's Trade

Venezuela Turmoil Unlikely To Rattle India's Trade

Rediff.com12 Jan 2026

'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'

Delhi Braces For Heavy Calendar In 2026

Delhi Braces For Heavy Calendar In 2026

Rediff.com10 Jan 2026

Among major engagements in 2026 is the visit of the European Union leadership, chief guests at the Republic Day parade.

Insurance industry flags concerns over proposed Insurance Amendment Bill

Insurance industry flags concerns over proposed Insurance Amendment Bill

Rediff.com24 Dec 2025

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.

Nitin Nabin takes over as BJP's 12th president

Nitin Nabin takes over as BJP's 12th president

Rediff.com20 Jan 2026

Nitin Nabin has been formally declared as the BJP national president, succeeding J P Nadda. The leadership transition was witnessed by Prime Minister Narendra Modi and other senior ministers.

Sensex down 376 points on selling in RIL, HDFC Bank

Sensex down 376 points on selling in RIL, HDFC Bank

Rediff.com6 Jan 2026

Reliance Industries cracked 4.42 per cent, while ITC, Kotak Mahindra Bank, InterGlobe Aviation, and HDFC Bank were also among the laggards. However, ICICI Bank, Sun Pharma, Hindustan Unilever, and State Bank of India were among the gainers.

Govt Plans Car-To-Car Alerts To Prevent Crashes

Govt Plans Car-To-Car Alerts To Prevent Crashes

Rediff.com9 Jan 2026

'We hope we will be able to at least end crashes that involve collisions with stationary vehicles as there will be an automatic warning.'

Finding The Perfect Goan Seafood Curry

Finding The Perfect Goan Seafood Curry

Rediff.com13 Jan 2026

Sona Bahadur's Goa currython yielded interesting results.

Infra investment likely to climb, consumption growth may plateau

Infra investment likely to climb, consumption growth may plateau

Rediff.com8 Jan 2026

Supported by strong buoyancy in public sector capital expenditure (capex), growth in infrastructure investment is expected to accelerate in 2025-26 (FY26) compared to 2024-25 (FY25), according to the First Advance Estimates of gross domestic product (GDP) for FY26 released by the National Statistics Office (NSO) on Wednesday.

The New Study Abroad Hotspot For Indian Students...

The New Study Abroad Hotspot For Indian Students...

Rediff.com23 Dec 2025

MEA data show that the number of Indian students in the UAE in 2025 was 253,832, just behind the United States with 255,447 students, and Canada being on top at 427,085.

7 Cities With The Most Five-Star Hotels

7 Cities With The Most Five-Star Hotels

Rediff.com30 Dec 2025

A handful of cities in the world have more fancy hotels than any other places, according to a list released by from Cond Nast Traveler.

Mumbai civic polls: Mahayuti woos voters with AI, free bus travel for women

Mumbai civic polls: Mahayuti woos voters with AI, free bus travel for women

Rediff.com11 Jan 2026

The Mahayuti alliance has released its manifesto for the upcoming Mumbai civic elections, promising technology-led governance, concessions for women, and addressing issues like illegal immigration and infrastructure.

PSBs rework branch plan to pare costs

PSBs rework branch plan to pare costs

Rediff.com23 Dec 2025

In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.

Banks see double-digit credit growth in Q3 FY26 on strong lending

Banks see double-digit credit growth in Q3 FY26 on strong lending

Rediff.com3 Jan 2026

Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also posted healthy growth during the period.

Too bowler-friendly! ICC punishes MCG pitch

Too bowler-friendly! ICC punishes MCG pitch

Rediff.com29 Dec 2025

Despite England securing their first Test victory on Australian soil since 2011, Australia have already retained the Ashes by winning the first three Tests to take an unassailable 3-1 lead.

How Business Schools Must Evolve In AI Era

How Business Schools Must Evolve In AI Era

Rediff.com20 Aug 2025

Shift from producing graduates proficient in analysis and strategy to producing graduates capable of initiating, executing, and scaling impactful actions in real-world environments, points out Ajit Balakrishnan.

'Make A Hindu Kashmir And Declare It Union Territory'

'Make A Hindu Kashmir And Declare It Union Territory'

Rediff.com20 Jan 2026

'Kashmir needs to be divided and we need the land of Panun Kashmir in Kashmir.'

A long-awaited homecoming for USA's Netravalkar at Wankhede

A long-awaited homecoming for USA's Netravalkar at Wankhede

Rediff.com18 Jan 2026

T20 WC: Mumbai-born USA pacer Netravalkar awaits emotional reconnect with Wankhede

Centre Proposes Stricter Cough Syrup Rules

Centre Proposes Stricter Cough Syrup Rules

Rediff.com1 Jan 2026

Following the death of 22 children due to consumption of contaminated cough syrups in Madhya Pradesh three months ago, the Union health ministry has proposed amendments in the country's drug rules to ensure a tougher criterion for their over-the-counter (OTC) sales in India.

SIM-Binding Standoff: Telcos Vs Apps

SIM-Binding Standoff: Telcos Vs Apps

Rediff.com17 Dec 2025

App-based communication services providers and Indian telcos are at loggerheads over the SIM-binding directions issued by the department of telecom, which are to be complied with by the end of February 2026.

Odisha leads in GST growth, T'gana in direct taxes

Odisha leads in GST growth, T'gana in direct taxes

Rediff.com26 Dec 2025

A shift appears underway in India's tax landscape. States with relatively smaller tax collections like Odisha and Telangana are emerging as the fastest-growing contributors to indirect and direct tax collections, respectively.

Vaa Vaathiyaar Review: Karthi's Swashbuckling Entertainer

Vaa Vaathiyaar Review: Karthi's Swashbuckling Entertainer

Rediff.com16 Jan 2026

Vaa Vaathiyar ends up being a bland yet fascinating iteration of a masala film funnelled through the prism of a quirky humorist, notes Arjun Menon.

'Democracy Is On Sale In Maharashtra'

'Democracy Is On Sale In Maharashtra'

Rediff.com7 Jan 2026

'This daylight robbery of elections is happening in the commercial capital of India, Mumbai city, so you can imagine what they will do to win elections in the interiors of India.'

Up to 4 banks may have to tap buffers in adverse scenarios

Up to 4 banks may have to tap buffers in adverse scenarios

Rediff.com1 Jan 2026

The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Rediff.com30 Dec 2025

State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive said.

'I Just Flowed Where Life Took Me'

'I Just Flowed Where Life Took Me'

Rediff.com14 Jan 2026

'The Dhamaal director wanted an innocent guy who's still like a child. He hinted that my voice was very strong.' 'I worked it out: I got this dungarees look, made him slouch, got rid of the bass in my voice, and added a lisp to make him cuter.' 'These are things an actor does because you want to bring something to the table.'

India Suffers While China, EU Buy Russian Oil

India Suffers While China, EU Buy Russian Oil

Rediff.com7 Jan 2026

India has gained the least since Russia invaded Ukraine in February 2022 and was penalised the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

Why Modi And Shah Like Nitin Nabin

Why Modi And Shah Like Nitin Nabin

Rediff.com29 Dec 2025

Both Mr Modi and Amit Shah like Nabin because they know he will never answer back, points out Aditi Phadnis.

Four killed, 9 hurt as BEST bus hits pedestrians in Mumbai

Four killed, 9 hurt as BEST bus hits pedestrians in Mumbai

Rediff.com30 Dec 2025

A reversing BEST bus in Mumbai struck pedestrians, resulting in four deaths and nine injuries. The incident occurred in Bhandup (West) and is under investigation.

Brookfield to build Asia's biggest GCC facility in Powai

Brookfield to build Asia's biggest GCC facility in Powai

Rediff.com13 Dec 2025

Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.

Isa Guha honoured with MBE in King's New Year cricket list

Isa Guha honoured with MBE in King's New Year cricket list

Rediff.com30 Dec 2025

The 40-year-okd has strong familial ties and cultural connection to India, often visiting Kolkata and enjoying Indian food.