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

Finally some good news for 32 mn construction workers

Finally some good news for 32 mn construction workers

Rediff.com6 Jul 2020

Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.

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.'

'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.

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.

Shell firms, paintings of Rana Kapoor under ED scanner

Shell firms, paintings of Rana Kapoor under ED scanner

Rediff.com8 Mar 2020

The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.

The Real Hero of the Economic Reforms

The Real Hero of the Economic Reforms

Rediff.com9 Jul 2021

It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.

5 factors that may help markets scale new highs

5 factors that may help markets scale new highs

Rediff.com29 Jan 2021

Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.

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.

'Budget has a gameplan premised on credible numbers'

'Budget has a gameplan premised on credible numbers'

Rediff.com8 Feb 2022

'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'

'Budget would have done a wonderful job, if...'

'Budget would have done a wonderful job, if...'

Rediff.com29 Jan 2021

'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'

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.'

Investors, avoid long-term funds

Investors, avoid long-term funds

Rediff.com9 Mar 2021

If you plan to invest in an FD, go for the 12-15-month tenure. This will allow you to redeploy maturity proceeds at higher rates (if rates rise), advises Sarbajeet K Sen.

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.

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.

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.

15 CBI officers get home ministry's excellence award

15 CBI officers get home ministry's excellence award

Rediff.com12 Aug 2021

CBI officer V K Shukla, who is probing the death of Jharkhand Judge Uttam Anand, is among 15 officers of the agency awarded the 'Union Home Minister's Medal for Excellence in Investigation' for the year 2021, officials said Thursday.

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

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.

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.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

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.

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.

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.

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.

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

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.

India to grow at 5-year high of 7.6% in 2015-16

India to grow at 5-year high of 7.6% in 2015-16

Rediff.com8 Feb 2016

India said its economy grew 7.3 percent in the October-December quarter.

Tea Industry On Tenterhooks About Ukraine Conflict

Tea Industry On Tenterhooks About Ukraine Conflict

Rediff.com16 Mar 2022

Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.

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.

Sensex ends lower; auto shares rally, Maruti up 3%

Sensex ends lower; auto shares rally, Maruti up 3%

Rediff.com5 Jan 2015

The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.

'We urge Indian investors to stay cautious'

'We urge Indian investors to stay cautious'

Rediff.com8 Dec 2016

'...and defensive until the global macro headwinds turn more benign.'

Govt report on next-gen civil services stresses on tech in governance

Govt report on next-gen civil services stresses on tech in governance

Rediff.com14 Jun 2022

Governments need to proactively plan for attracting and retaining the next generation of talent for its civil services, an official report has said.

Congress, BJP in war of words over 'tainted' ministers in Cabinet

Congress, BJP in war of words over 'tainted' ministers in Cabinet

Rediff.com10 Nov 2014

A day after Prime Minister Narendra Modi expanded his Cabinet, the Congress accused him of including "tainted" ministers in the government contrary to his election rhetoric of "cleaning up" Parliament of criminals.

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.

Greek crisis: An opportunity for Indian investors?

Greek crisis: An opportunity for Indian investors?

Rediff.com30 Jun 2015

Neither India nor China will be badly affected by Grexit.

Govt borrowings: Will there be a pleasant surprise in September?

Govt borrowings: Will there be a pleasant surprise in September?

Rediff.com10 Apr 2018

Backloading the government's borrowing programme suggests the finance ministry's confidence in better revenue numbers, says A K Bhattacharya.

In India, green shoots of reform come from Rajasthan

In India, green shoots of reform come from Rajasthan

Rediff.com25 Nov 2014

Rajasthan has taken the lead on structural reforms which could help India attract business and employ a fast-growing workforce.

BJP Going All Out To Win Karnataka, But...

BJP Going All Out To Win Karnataka, But...

Rediff.com27 Jan 2023

The Congress and JD-S have made much of Amit Shah's remarks about milk co-operatives. 'If the Opposition harps on the statement, it could add to the narrative that Gujarat was trying to take over Karnataka.'

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.

Few lessons economies must learn from global crisis

Few lessons economies must learn from global crisis

Rediff.com1 Oct 2015

The World War I had been triggered by an assassination in then relatively unknown Serbia.