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

Make in India? It's tough, say steel manufacturers

Make in India? It's tough, say steel manufacturers

Rediff.com24 Apr 2015

The country imported 9.31 million tonnes (mt) of steel in FY15.

Why 2024 Polls Are Crucial For AIADMK

Why 2024 Polls Are Crucial For AIADMK

Rediff.com4 Sep 2023

With the assembly polls only two years away, in 2026, any demoralising defeat in 2024, would challenge not only the party's continued relevance but also EPS's leadership, asserts N Sathiya Moorthy.

I am not superman, says Raghuram Rajan

I am not superman, says Raghuram Rajan

Rediff.com13 Oct 2013

Expectations are high. There is a little bit of euphoria in India, says RBI governor.

No one in govt questioned offshore bonds issue: Garg

No one in govt questioned offshore bonds issue: Garg

Rediff.com26 Jul 2019

Refusing to link his seeking voluntary retirement, a year before his superannuation, to his transfer to the relatively low profile power ministry, he said that he had conveyed his decision to the Prime Minister's Office on July 18.

'Bharat Bandh' draws mixed response; violence in Bengal

'Bharat Bandh' draws mixed response; violence in Bengal

Rediff.com8 Jan 2020

10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.

Bharat Bandh: More than Rs 18,000 crore loss to the economy

Bharat Bandh: More than Rs 18,000 crore loss to the economy

Rediff.com2 Sep 2016

Trade, transport and hotels form a major part of the country's GDP and these sectors were crippled by the strike

Visionary Budget or worse than Pranab Mukherjee's?

Visionary Budget or worse than Pranab Mukherjee's?

Rediff.com3 Mar 2021

The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.

India is being run by dynasties: Rahul @Berkeley

India is being run by dynasties: Rahul @Berkeley

Rediff.com12 Sep 2017

Rahul attacked Modi and BJP, alleging that 'politics of divide and polarisation is radicalising people in India'.

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.

Post-Budget, stock market will remain volatile for few days

Post-Budget, stock market will remain volatile for few days

Rediff.com3 Feb 2020

'The market was expecting the Budget to do more, given the domestic economic slowdown and global uncertainty. Over the next few days, the market is expected to absorb the volatility.'

Builders seek lower interest rate to boost housing demand

Builders seek lower interest rate to boost housing demand

Rediff.com3 Jun 2014

CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.

Rajnath, Jaitely review situation post demonetisation

Rajnath, Jaitely review situation post demonetisation

Rediff.com13 Nov 2016

The home ministry has deputed three top officials to be in touch with state governments to ensure security of banks, ATMs and cash transporting vehicles.

How India paid the price for 'EPW types'

How India paid the price for 'EPW types'

Rediff.com30 Sep 2016

Had it not been for the intellectual dominance and political legitimacy of the Leftist philosophy since 1970, would EPW have become what it did? After all, there were other more established journals around then, says T C A Srinivasa-Raghavan.

Joshimath crisis: Demolition of 2 unsafe hotels begin amid evacuation

Joshimath crisis: Demolition of 2 unsafe hotels begin amid evacuation

Rediff.com13 Jan 2023

In Delhi, Union Home Minister Amit Shah assessed the situation in Joshimath and steps taken to ameliorate people's hardship at a meeting attended by Union ministers Nitin Gadkari, R K Singh, Bhupendra Yadav and Gajendra Singh Shekhawat and top officials.

Electoral bonds of Rs 222 cr sold on debut in March

Electoral bonds of Rs 222 cr sold on debut in March

Rediff.com16 Mar 2018

"The amount collected from the sale of electoral bonds under the first issue of the scheme is Rs 222 crore as on March 9, 2018," Minister of State for Finance P Radhakrishnan said in a written reply in Lok Sabha.

India's entry into the SCO may bring it closer to China

India's entry into the SCO may bring it closer to China

Rediff.com6 Jul 2015

It seems China is ready to cooperate with India in the central Asian region through the SCO framework, the reasons for which are manifold, says Sana Hashmi.

RBI likely to hold rates on April 7, ease gradually after that

RBI likely to hold rates on April 7, ease gradually after that

Rediff.com9 Mar 2015

CRR to remain unchanged at 4.00 pc this fiscal

Can Modi Halt The Brutal Ukraine War?

Can Modi Halt The Brutal Ukraine War?

Rediff.com2 Nov 2022

India has maintained communication with both Russia and Ukraine. It is time Narendra Modi steps up on the world stage and plays the role of peacemaker, suggests military historian Colonel Anil A Athale (retd).

Will you buy a Made in India product?

Will you buy a Made in India product?

Rediff.com3 Nov 2016

'Will people who buy iPhones stop buying iPhones to help swadeshi models?' 'There should be some advantage for the consumer to make them buy a Made in India product.' 'Patriotism and nationalism are good words, but in business, it won't work.'

Budget targets are achievable: Sitharaman

Budget targets are achievable: Sitharaman

Rediff.com2 Feb 2022

At the customary post-Budget media interactions, Finance Minister Nirmala Sitharaman and her topmost bureaucrats touched upon a number of issues. The minister said the government taxing income from digital virtual assets did not give them legitimacy and that issue was being dealt separately in the planned cryptocurrency Bill. She also expressed confidence that the Budget targets were achievable.

Budget 2016: Dalal Street demands industry status

Budget 2016: Dalal Street demands industry status

Rediff.com8 Feb 2016

Demand among several pre-Budget representation by BSE Brokers' forum

Congress launching fake campaigns: Jaitley

Congress launching fake campaigns: Jaitley

Rediff.com10 Feb 2019

"It is about time that India and its institutions are protected from these 'institution wreckers'," said Jaitley.

Doval highlights increasing rivalries in Indian Ocean at maritime security meet

Doval highlights increasing rivalries in Indian Ocean at maritime security meet

Rediff.com30 Jun 2022

National Security Advisor Ajit Doval on Thursday called for seamless coordination among various agencies involved in protecting India's maritime interests in the face of emerging security challenges and increasing rivalries and competitions in the Indian Ocean.

Mamata threatens stir if new farm laws not withdrawn

Mamata threatens stir if new farm laws not withdrawn

Rediff.com3 Dec 2020

Her statement came ahead of a crucial round of talks scheduled to be held between the Centre and representatives of the agitating farmers during the day.

Sheena Bora Case: How did Indrani access Sheena's email account?

Sheena Bora Case: How did Indrani access Sheena's email account?

Rediff.com14 Feb 2020

The prosecution's pursuit of this tiny detail was because they believed the charge from Google, on Indrani's account, was to restore Sheena's Gmail account, via the Google account recovery toolkit, since Indrani did not have the password.

RBI likely to keep rates unchanged in August

RBI likely to keep rates unchanged in August

Rediff.com24 Jul 2018

This is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra

Our institutions are at risk under Modi

Our institutions are at risk under Modi

Rediff.com19 Dec 2018

'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.

BRICS Summit: Opportunities for India, Russia and China

BRICS Summit: Opportunities for India, Russia and China

Rediff.com30 Jun 2015

Srikanth Kondapalli on what to expect from the seventh BRICS summit meeting to be held in Russia in July.

BJP's Himachal manifesto promises UCC, 33% quota for women

BJP's Himachal manifesto promises UCC, 33% quota for women

Rediff.com6 Nov 2022

BJP president J P Nadda on Sunday promised Uniform Civil Code (UCC) and 33 per cent reservation for women in government jobs in Himachal Pradesh while releasing the party's manifesto for the state assembly polls.

After backlash, Govt amends order reserving jobs in J-K for domiciles

After backlash, Govt amends order reserving jobs in J-K for domiciles

Rediff.com4 Apr 2020

The government reserved all jobs in J-K for the domiciles -- people who have stayed there for at least 15 years. On Wednesday, while laying down the rules for domiciles, the government had reserved jobs up to Group 4 only.

HC irked over govt inaction on PAN card issued to foreigner

HC irked over govt inaction on PAN card issued to foreigner

Rediff.com5 Jan 2016

The bench also sought a report about an inquiry made on the issue.

As finance secretary, Garg rubbed too many the wrong way

As finance secretary, Garg rubbed too many the wrong way

Rediff.com25 Jul 2019

Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.

The rising vulnerability of emerging markets

The rising vulnerability of emerging markets

Rediff.com21 Jul 2014

Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate.

G-23's Shashi Tharoor has a vision for Congress, will others see it?

G-23's Shashi Tharoor has a vision for Congress, will others see it?

Rediff.com30 Sep 2022

By filing his nomination as Congress president on Friday, Shashi Tharoor has shown he is no 'quockerwodger' -- a word he introduced into our lexicon which means someone acting on the instructions of an influential third party.

Labour strike looming, Centre hikes minimum wages, offers revised bonus

Labour strike looming, Centre hikes minimum wages, offers revised bonus

Rediff.com30 Aug 2016

Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.

Despite slew of records, problems still plague MGNREGA

Despite slew of records, problems still plague MGNREGA

Rediff.com25 Apr 2021

MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.

India sees record spike of 896 COVID-19 cases, 37 deaths in 24 hrs

India sees record spike of 896 COVID-19 cases, 37 deaths in 24 hrs

Rediff.com11 Apr 2020

While the number of active COVID-19 cases stood at 6,039, as many as 515 people have been cured and discharged, and one had migrated, it said. The total number of cases include 71 foreign nationals.

CBI action against Sakshi comes under severe criticism

CBI action against Sakshi comes under severe criticism

Rediff.com9 May 2012

Journalists and political parties alike have criticised the CBI move to freeze the bank accounts of the newspaper and TV channel. Mohammed Siddique reports

Govt dismisses media reports on 'undercounting' of Covid deaths

Govt dismisses media reports on 'undercounting' of Covid deaths

Rediff.com17 Feb 2022

The ministry said the country has a robust system of reporting deaths, including those caused by COVID-19, and the data is compiled regularly at different levels of governance, starting from the gram panchayat level to the district level and the state level.

Indian equities most attractive on a 5-yr basis, says CLSA MD Christopher Wood

Indian equities most attractive on a 5-yr basis, says CLSA MD Christopher Wood

Rediff.com18 Nov 2014

Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.