News for 'Union Bank of India and Central Bank of India'

5 events the markets may react to in 2017

5 events the markets may react to in 2017

Rediff.com23 Dec 2016

Demonetisation impact, earnings growth, central bank policies will get attention.

India to approach Switzerland in Quattrocchi case

India to approach Switzerland in Quattrocchi case

Rediff.com31 Jan 2006

Bofors trail: India to approach Switzerland in Quattrocchi case

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Rediff.com29 Jun 2016

Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.

States must get fiscal for the Centre to succeed

States must get fiscal for the Centre to succeed

Rediff.com16 Jan 2018

India's rank in the World Bank's ease of doing business index cannot get better unless more attention is paid to bringing about procedural reforms in the way states run their governments and provide various approvals for trade and industry, says A K Bhattacharya.

India's fiscal metrics to remain weaker than peers: Moody's

India's fiscal metrics to remain weaker than peers: Moody's

Rediff.com23 Feb 2016

The government's fiscal deficits have reduced over the last five years.

India must develop a manufacturing hub to boost handset makers

India must develop a manufacturing hub to boost handset makers

Rediff.com8 Aug 2014

The foremost lesson is that technology has got commoditised.

'Crypto not currency; needs to be regulated'

'Crypto not currency; needs to be regulated'

Rediff.com7 Sep 2021

Former RBI deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to effectively deal with illegal activities associated with virtual currencies. After quite a lot of debate over the years, he said, people have fully understood that crypto cannot be a currency because the fundamental element of a currency- that it should be a legal tender- is missing in this case. He said that in this case, one cannot compel a crypto currency to be accepted by another person as it is not a legal tender.

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Rediff.com12 Sep 2021

"Had corona (COVID-19) not been there, the prime minister would have dedicated NATGRID to the country. I am hopeful that the prime minister will dedicate NATGRID to the country in some time," Union home minister Amit Shah said during the 51st Foundation Day event of the Bureau of Police Research and Development (BPRD) here on September 4.

Nepal warns India of flash floods after major landslide blocks river

Nepal warns India of flash floods after major landslide blocks river

Rediff.com24 May 2015

Nepal has alerted India of possible flash floods in Bihar and Uttar Pradesh after massive landslides, likely triggered by recent devastating earthquakes, blocked Kali Gandaki river in western Nepal, creating a huge artificial lake.

What Sitharaman did after becoming the finance minister

What Sitharaman did after becoming the finance minister

Rediff.com3 Jun 2019

This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.

Modi wants RBI to prepare road map for financial inclusion

Modi wants RBI to prepare road map for financial inclusion

Rediff.com2 Apr 2015

PM has asked the Reserve Bank to prepare a 20-year road map for financial inclusion

Factors that will dictate stocks' movement in 2022

Factors that will dictate stocks' movement in 2022

Rediff.com30 Dec 2021

From the pandemic shocks to state polls to global trends, a raft of sentiment drivers are expected to steer the Indian stock market in 2022 after a historic year of massive investor returns and milestones. The Union Budget, which will be closely watched for further reform moves, and quarterly earnings of corporates will be among the developments on investors' radar amid global central banks moving towards tighter interest regime in the wake of inflationary pressures. The year 2021 was rewarding in a big way for equity investors.

What led to Chinese buildup in Ladakh sector

What led to Chinese buildup in Ladakh sector

Rediff.com26 Jan 2023

The paper suggests the strategy needs to be area-specific eg, border tourism can be promoted aggressively in the Turtuk or Siachen sector, and Daulat Beg Oldi or Depsang plains.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

Why India shouldn't hold simultaneous polls

Why India shouldn't hold simultaneous polls

Rediff.com9 May 2018

In the concluding part of the series, Y V Reddy, argues that the proposal strikes at the functioning of federalism and the basic structure of the Constitution, which has served us well so far.

The Mudra Mela Muddle

The Mudra Mela Muddle

Rediff.com13 Sep 2021

Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

What Shah's cooperation ministry will do

What Shah's cooperation ministry will do

Rediff.com16 Jul 2021

New ministry will bring much-needed transparency in the functioning of the cooperatives, which so far have been riddled with allegations of political interference and mismanagement.

It's status quo! Key takeaways from RBI rate review

It's status quo! Key takeaways from RBI rate review

Rediff.com7 Jun 2017

Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.

It's life as usual for Mumbai commuters; rural Maharashtra partially hit

It's life as usual for Mumbai commuters; rural Maharashtra partially hit

Rediff.com2 Sep 2016

There were instances of 'rasta roko' at various places in rural Maharashtra

6 companies join Rs 2 lakh crore M-cap club

6 companies join Rs 2 lakh crore M-cap club

Rediff.com23 Jan 2015

HDFC and HUL are the latest entrants in the club

J-K's domicile laws tweaked to include registered migrants

J-K's domicile laws tweaked to include registered migrants

Rediff.com1 Apr 2020

The government on Wednesday issued a gazette notification announcing a slew of amendments to 138 Acts of Jammu and Kashmir that included protecting jobs up to Group-4 for only those who are domiciles of the Union territory. The notification said among the laws amended is the Jammu and Kashmir Civil Services (Decentralisation and Recruitment) Act.

India will have to deal with fallout of Iraq crisis

India will have to deal with fallout of Iraq crisis

Rediff.com27 Jun 2014

The implications aren't too significant, given the size of Ukraine and its role in the global economy.

The Events of 2018

The Events of 2018

Rediff.com27 Dec 2018

A glance back at some important events that occurred in 2018.

Why RBI should have cut rates

Why RBI should have cut rates

Rediff.com6 Oct 2017

A cut in rates would have encouraged the banks to lend aggressively on the retail front.

Coal block allocations: India Inc pleads for SC mercy

Coal block allocations: India Inc pleads for SC mercy

Rediff.com10 Jan 2014

Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.

Bitter pill for India's sugar market

Bitter pill for India's sugar market

Rediff.com2 Aug 2018

UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season

5 steps to avoid credit card debt

5 steps to avoid credit card debt

Rediff.com2 Feb 2015

...and maximise returns from your card

RBI plans to put weak private lenders under the hammer

RBI plans to put weak private lenders under the hammer

Rediff.com16 Jan 2020

The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.

Digital Rupee: Pros And Cons

Digital Rupee: Pros And Cons

Rediff.com4 Feb 2022

'The Digital Rupee will be equal to the Indian rupee in value and backed by the full faith and credit of the RBI/Indian government.'

Airlines told to share international fliers' PNR with customs

Airlines told to share international fliers' PNR with customs

Rediff.com9 Aug 2022

With this, India joins 60 other countries that collect PNR details of international passengers.

'Fadnavis is as ruthless as Modi-Shah'

'Fadnavis is as ruthless as Modi-Shah'

Rediff.com19 Sep 2022

It was not a one-way ride up though for the man who now could potentially become the BJP's national president over time.

'India must talk to Kashmiri militants'

'India must talk to Kashmiri militants'

Rediff.com31 Oct 2017

'In a complex conflict like Kashmir, you can't just ignore the militants when you talk of a permanent solution.'

Pay up, Jaitley tells private sector defaulters, or allow takeover

Pay up, Jaitley tells private sector defaulters, or allow takeover

Rediff.com31 Aug 2017

"A very easy solution to suggest is tax-payers must pay because the private sector has defaulted," Jaitley said, adding that bank recapitalisation, where the government puts in more capital in public sector banks to shore up their books, effectively amounted to that. "Therefore, I think let's try and make the private sector pay for their debts or allow somebody else to step in."

India urges higher pay for millions of Gulf workers

India urges higher pay for millions of Gulf workers

Rediff.com17 Nov 2014

Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services

How Lives Can Be Saved In Road Accidents

How Lives Can Be Saved In Road Accidents

Rediff.com10 Dec 2021

India tops the world with 11% of global deaths in road accidents while we have only 1% of the world's vehicles.

Shah sounds poll bugle in K'taka, says BJP to contest alone

Shah sounds poll bugle in K'taka, says BJP to contest alone

Rediff.com31 Dec 2022

"There are clearly two sides. On one side, there is an organisation of patriots in the form of BJP and on the other side, tukde-tukde gang have come together under the leadership of the Congress. It is for the people of Karnataka to decide now whether they are with the patriots or those who support people who want to divide this country," he added.

Sitharaman to meet CMs, state FMs on Monday

Sitharaman to meet CMs, state FMs on Monday

Rediff.com12 Nov 2021

Union Finance Minister Nirmala Sitharaman will on Monday meet chief ministers and state finance ministers to discuss measures to attract private investments to help boost the economy. Finance secretary T V Somanathan said the meeting comes in the backdrop of strong economic recovery post the two COVID waves, and the central government has made a big push in Capex. The focus of this interaction will be on state-level issues, opportunities and challenges, which will enable us to go to a higher trajectory of investment and growth, he said.

Note ban raises Bitcoin hopes, but RBI plays safe

Note ban raises Bitcoin hopes, but RBI plays safe

Rediff.com13 Dec 2016

Exchanges believe its legal status may now change, with the government pushing for digitised transactions.

Why bankers are cold to Modi's Main Bhi Chowkidar campaign

Why bankers are cold to Modi's Main Bhi Chowkidar campaign

Rediff.com27 Mar 2019

AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.