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

Sensex posts biggest single-day gain in nearly 7 years

Sensex posts biggest single-day gain in nearly 7 years

Rediff.com1 Mar 2016

The rally in index heavyweight ITC has boosted the sentiment across the board.

Investors should also look at long-term bonds: Dhawal Dalal

Investors should also look at long-term bonds: Dhawal Dalal

Rediff.com15 Feb 2016

Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.

Don't be fooled by India's fastest-growing economy tag

Don't be fooled by India's fastest-growing economy tag

Rediff.com26 Feb 2015

Technically, the Indian economy is on road to recovery.

Gold outlook: Global, India prices to drift lower

Gold outlook: Global, India prices to drift lower

Rediff.com19 May 2014

Historically, tensions in West Asian regions have provided support to gold prices.

IMF cautions India against domestic and external headwinds

IMF cautions India against domestic and external headwinds

Rediff.com12 Mar 2015

IMF attributes the slower growth rate to supply-side bottlenecks.

Bitcoins: I-T notices to over 400,000 HNIs across India

Bitcoins: I-T notices to over 400,000 HNIs across India

Rediff.com18 Dec 2017

The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.

SC's 4th Constitution bench to start hearing note ban pleas

SC's 4th Constitution bench to start hearing note ban pleas

Rediff.com27 Sep 2022

The Supreme Court on Tuesday constituted another five-judge Constitution bench which will hear five crucial cases including the challenge to the central government's 2016 decision to demonetise Rs 500 and Rs 1000 currency notes.

2014 made a lot of promises; can the new year deliver?

2014 made a lot of promises; can the new year deliver?

Rediff.com31 Dec 2014

The banking sector is set to move at a fast pace from hereon.

Evaluating India's well-being

Evaluating India's well-being

Rediff.com14 Apr 2016

The challenge ahead for central and state governments remains enormous.

A blueprint for India@75

A blueprint for India@75

Rediff.com8 Aug 2017

How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.

High interest rates impacting industry, small biz: Minister

High interest rates impacting industry, small biz: Minister

Rediff.com24 May 2016

The minister said she has already taken up the matter with the Finance Ministry.

Govt's gross borrowing pegged at Rs 4.42 lakh crore in H1 FY20

Govt's gross borrowing pegged at Rs 4.42 lakh crore in H1 FY20

Rediff.com29 Mar 2019

Parliament has approved a gross borrowing for Rs 7.1 lakh crore for the entire 2019-20 fiscal.

'India can never be Congress-mukt'

'India can never be Congress-mukt'

Rediff.com12 Mar 2017

'...because the party is based on the Constitution.'

9 things to look for in the New Year

9 things to look for in the New Year

Rediff.com31 Dec 2014

2014 made a lot of promises; can the new year deliver?

Pak out of FATF grey list after 4 years, big relief to cash-strapped country

Pak out of FATF grey list after 4 years, big relief to cash-strapped country

Rediff.com21 Oct 2022

Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.

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

India reports 4th coronavirus death; Total up to 173

India reports 4th coronavirus death; Total up to 173

Rediff.com19 Mar 2020

As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.

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.

Trade war pushes gold futures to record high

Trade war pushes gold futures to record high

Rediff.com26 Aug 2019

Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.

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.

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.

The Theme Of Budget 2023 Will Be....

The Theme Of Budget 2023 Will Be....

Rediff.com13 Jan 2023

'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'

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.

21 states opt for Rs 97,000-crore RBI window to meet GST shortfall

21 states opt for Rs 97,000-crore RBI window to meet GST shortfall

Rediff.com21 Sep 2020

This may leave those not opting for any of the two options offered by the Centre before the GST Council meet scheduled for October 5 in the lurch. It is clear from the present situation that these states will have to wait till June 2022 to get their compensation, subject to the council extending the cess collection period beyond June 30, 2022.

What will Maharaj do after Maharaja is sold?

What will Maharaj do after Maharaja is sold?

Rediff.com25 Nov 2021

There is no reason for keeping an entire ministry with a total staff strength of 2,300, just for the oversight of a few aviation sector laws and regulatory bodies, notes A K Bhattacharya.

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.

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.

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

Sitharaman bets big on infra spending to take highway to growth

Sitharaman bets big on infra spending to take highway to growth

Rediff.com1 Feb 2022

While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Rediff.com14 Mar 2022

According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

How BJP Plans To Gain Foothold In Kerala

How BJP Plans To Gain Foothold In Kerala

Rediff.com7 Apr 2023

On Easter, April 9, 10,000 BJP workers are being assigned to visit the houses of 100,000 Christian families. Plans are afoot to visit the homes of Muslims on Eid.

Yamuna at all-time high, Kejriwal sends SOS to Centre

Yamuna at all-time high, Kejriwal sends SOS to Centre

Rediff.com12 Jul 2023

Delhi Chief Minister Arvind Kejriwal on Wednesday urged the Centre to intervene to ensure that levels of the Yamuna, flowing at an all-time high of 207.55 metres, don't rise further.

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.

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.

Govt setting up high-tech platform under IB to track new age criminals

Govt setting up high-tech platform under IB to track new age criminals

Rediff.com8 Jun 2022

Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements, officials said on Wednesday.

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.

Can Cong buck alternating govt trend in Rajasthan?

Can Cong buck alternating govt trend in Rajasthan?

Rediff.com9 Oct 2023

Since 1993, when the BJP came to power after a stint of President's rule, the state has alternated between the Congress and the BJP.

All about the Infrastructure Finance Secretariat

All about the Infrastructure Finance Secretariat

Rediff.com13 Jul 2022

During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to mainstream public-private partnerships (PPPs) in India. The plan was to bring together the capacities of the government and private sector to push PPP projects.

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