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

There is a need to revive investment cycle: Jaitley

There is a need to revive investment cycle: Jaitley

Rediff.com8 Jun 2014

Economy improving but long way to full recovery, says FSDC.

Friday's Bharat Bandh: What will work and what won't

Friday's Bharat Bandh: What will work and what won't

Rediff.com1 Sep 2016

Over 18 crore workers are expected to participate making this a much bigger strike than last year.

Mint a fortune from these best performing stocks

Mint a fortune from these best performing stocks

Rediff.com9 Mar 2016

A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.

Draft labour rules: No licence for contractors with criminal history

Draft labour rules: No licence for contractors with criminal history

Rediff.com30 Nov 2020

The norms, say industry experts, are not sufficient to weed out fly-by-night contractors.

Brexit: Rupee may escape currency bloodbath with minor injuries

Brexit: Rupee may escape currency bloodbath with minor injuries

Rediff.com25 Jun 2016

Rupee is seen to remain in the range of 67.50-68.80 in the short-term

Amit Shah lands in K'taka amid buzz over leadership change, cabinet rejig

Amit Shah lands in K'taka amid buzz over leadership change, cabinet rejig

Rediff.com3 May 2022

Though largely seen as an official visit, with less than a year for elections, Shah during this trip is likely to meet senior party leaders including Chief Minister Basavaraj Bommai, veteran leader B S Yediyurappa among others

Centre may offer an exit window to cryptocurrency holders

Centre may offer an exit window to cryptocurrency holders

Rediff.com12 Apr 2021

The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.

From BJP's 3-0 loss to oil at $86.29, 12 numbers that defined 2018

From BJP's 3-0 loss to oil at $86.29, 12 numbers that defined 2018

Rediff.com28 Dec 2018

If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.

How sunflowers may help India meet solar energy target

How sunflowers may help India meet solar energy target

Rediff.com9 Aug 2016

the connection between the sunflower mystery and the 'rotatable solar trees' India plans to develop.

India gets a National Security AdviCzar

India gets a National Security AdviCzar

Rediff.com25 Oct 2018

Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.

Stay invested in bond funds to get good returns

Stay invested in bond funds to get good returns

Rediff.com7 Aug 2014

These schemes are expected to perform in the next 2-3 years.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Does Nirmalaji know how to turn the economy around?

Does Nirmalaji know how to turn the economy around?

Rediff.com18 Oct 2019

'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.

9 Infra suggestions for Budget 2018

9 Infra suggestions for Budget 2018

Rediff.com9 Jan 2018

Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.

AAI asks for exemption from Cabinet on lease permission

AAI asks for exemption from Cabinet on lease permission

Rediff.com26 Sep 2011

The Airports Authority of India (AAI) has asked for selective exemption from the order to seek permission from the Union cabinet before the sale or long-term lease of any land of the government or a government-controlled statutory body.

Want to stop water to Pakistan? Do this first!

Want to stop water to Pakistan? Do this first!

Rediff.com25 Feb 2019

Water flowing into Pakistan from the Sutlej, Ravi and Beas can be stopped only if three dam projects on this side of the border are completed.

Budget 2020: What Nirmalaji must focus on

Budget 2020: What Nirmalaji must focus on

Rediff.com23 Jan 2020

'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.

HELP Satish Achieve His Dream

HELP Satish Achieve His Dream

Rediff.com29 Jun 2021

The one thing holding back the plucky youngster who has never hesitated to plunge into unknown territory, is funds

Can China, Greece woes trip global equity markets?

Can China, Greece woes trip global equity markets?

Rediff.com9 Jul 2015

Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.

Budget cuts revenue expenditure on welfare schemes, salary, pension

Budget cuts revenue expenditure on welfare schemes, salary, pension

Rediff.com2 Feb 2021

The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.

'I hope Dr Urjit Patel thinks beyond continuity'

'I hope Dr Urjit Patel thinks beyond continuity'

Rediff.com26 Aug 2016

'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.

Mallya: ED moves court to confiscate Rs 12,500-cr assets

Mallya: ED moves court to confiscate Rs 12,500-cr assets

Rediff.com22 Jun 2018

As per the existing process of law under the PMLA, the ED could confiscate the assets only after the trial in a case finishes which usually takes many years.

Court stays order to reveal top loan defaulters

Court stays order to reveal top loan defaulters

Rediff.com12 Dec 2011

A court has stayed an order to Reserve Bank of India to publicly name top 100 loan defaulters.

One person cannot take decision for 125 cr people: Sena attacks PM over note ban

One person cannot take decision for 125 cr people: Sena attacks PM over note ban

Rediff.com24 Nov 2016

Uddhav said there was no point in Modi becoming emotional at a time when people have tears in their eyes.

Did British sow Hindu-Muslim mistrust, as Bhagwat says?

Did British sow Hindu-Muslim mistrust, as Bhagwat says?

Rediff.com13 Sep 2021

70-plus years after Independence, 'Hindu India, metamorphosised as 'Hindutva India', is proving the British right -- and for all the wrong reasons. Mohan Bhagwat should have answers for the why of it, says N Sathiya Moorthy.

Anil Agarwal's big plans go wrong in India

Anil Agarwal's big plans go wrong in India

Rediff.com24 Oct 2014

All this is happening at a time when aluminium prices in the world market are firming up.

Economy: '4 to 5 years for normalcy to return'

Economy: '4 to 5 years for normalcy to return'

Rediff.com28 Aug 2020

'The government has failed to understand the seriousness of the situation, and that's why they are underestimating the problem.' 'They think some tinkering here and there will fix the economy automatically.'

Wilful defaulter tag for Kingfisher Airlines: FinMin takes stock

Wilful defaulter tag for Kingfisher Airlines: FinMin takes stock

Rediff.com13 Aug 2014

SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.

From intolerance to new GDP numbers, Rajan had a view on all

From intolerance to new GDP numbers, Rajan had a view on all

Rediff.com18 Jun 2016

While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".

CBI raids Prannoy Roy's properties in 4 locations, 'witch-hunt' says NDTV

CBI raids Prannoy Roy's properties in 4 locations, 'witch-hunt' says NDTV

Rediff.com5 Jun 2017

The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.

Centre deposits Rs 10 cr, SC to quash case against Italian marines

Centre deposits Rs 10 cr, SC to quash case against Italian marines

Rediff.com11 Jun 2021

The Central government on Friday told the Supreme Court that it has deposited with the top court Rs 10 crore paid by the republic of Italy as compensation to the families of the two Kerala fishermen who were shot dead in 2012 by two Italian marines aboard the MV Enrica Lexie ship -- an Italian flagged oil tanker -- in lieu of closure of criminal cases against the two navy personnel in India.

Unravelling what awaits us in 2022

Unravelling what awaits us in 2022

Rediff.com13 Jan 2022

As the industrial era wanes, the network era looms, notes Ajit Balakrishnan.

Tough law against illegal deposits

Tough law against illegal deposits

Rediff.com22 Mar 2019

'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'

Rs 1,000 and Rs 500 notes to sport new design

Rs 1,000 and Rs 500 notes to sport new design

Rediff.com23 Jun 2010

The new notes will be available from 2012.

Bill proposing voluntary use of Aadhaar as ID tabled in LS

Bill proposing voluntary use of Aadhaar as ID tabled in LS

Rediff.com24 Jun 2019

Suggesting the bill is in line with the apex court judgment, Prasad said people of India have accepted Aadhaar. The bill proposes to allow voluntary use of Aadhaar number for authentication and identity proof in opening of bank accounts and procuring of mobile phone connections. The Bill also seeks to give a child an option to exit from the biometric ID programme on attaining 18 years of age, while stipulating stiff penalties for violation of norms set for use of Aadhaar and violation of privacy.

Now, private companies can't use 'National' in names

Now, private companies can't use 'National' in names

Rediff.com19 Feb 2014

The Corporate Affairs Ministry's latest move comes in the backdrop of instances of private entities using the word 'National' in their names, including the case of National Spot Exchange Ltd, which is embroiled in a major payment crisis.

Goodbye over, govt looks at future plans

Goodbye over, govt looks at future plans

Rediff.com20 Jun 2016

With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.

India's mega power projects grind to a slow halt

India's mega power projects grind to a slow halt

Rediff.com4 Sep 2015

With their balance sheets under stress, private companies have lost interest in them.

No one wants to be next CVC, govt extends deadline

No one wants to be next CVC, govt extends deadline

Rediff.com7 Jun 2019

"There are not sufficient number of applications received by the government. The extension in the last date has been given to allow more people to apply for the posts," a senior government official said.

Will Jaitley present his 6th full Budget next year?

Will Jaitley present his 6th full Budget next year?

Rediff.com6 Dec 2018

A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.