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

'Yogi baba won't allow criminals to survive'

'Yogi baba won't allow criminals to survive'

Rediff.com30 Apr 2023

The murder of Atiq and his brother and the police encounter with his son have raised many questions about the propriety of how crime is tackled by the Yogi government. But Yogi knows he has the support of the people who are fed up with crime holding the state to ransom for decades, asserts Ramesh Menon.

The judge who will decide Chanda Kochhar's fate

The judge who will decide Chanda Kochhar's fate

Rediff.com19 Jun 2018

'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.

Slowdown hits government finances

Slowdown hits government finances

Rediff.com21 Apr 2009

The economic slowdown and the accompanying moderation in the pace of revenue growth has adversely hit the financial health of governments, both Union as well as states, in the financial year 2008-09, according to the Reserve Bank of India's quarterly review of the economy.

Pak fails to fulfil 6 mandates of FATF; to remain in 'Grey list'

Pak fails to fulfil 6 mandates of FATF; to remain in 'Grey list'

Rediff.com18 Oct 2020

The mandates which Pakistan has failed include action against all United Nations-designated terrorists like Jaish-e-Mohammed chief Azhar, Lashker-e-Tayiba founder Hafiz Saeed and the outfit's operational commander Zakiur Rehman Lakhvi.

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Rediff.com12 Sep 2018

The CBDT has begun the process of matching the deposits in accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY), or Jan-Dhan accounts, with the profile of the depositors.

'If Kashmiri Pandits have to come back, then it has to be done honestly'

'If Kashmiri Pandits have to come back, then it has to be done honestly'

Rediff.com29 Mar 2022

'There is no point in just saying, 'hum wapas bhej denge (we will send Kashmiri Pandits back)'.'

Ban on deposit schemes may cut gold sales by 25%

Ban on deposit schemes may cut gold sales by 25%

Rediff.com10 Apr 2018

The Bill provides comprehensive legislation to prohibit unregulated deposits, with punishment for those promoting such schemes or defaulting on repayment.

Niti Aayog meet: PM Modi bats for 'Team India' amid attacks from non-BJP CMs

Niti Aayog meet: PM Modi bats for 'Team India' amid attacks from non-BJP CMs

Rediff.com17 Jun 2018

Chief ministers of states like Andhra Pradesh, Kerala and Karnataka were among those who raised the issue of loan waver scheme for farmers.

FMCG, consumer durables and auto sector may see fall in demand

FMCG, consumer durables and auto sector may see fall in demand

Rediff.com14 Feb 2022

The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.

PSBs get more teeth to checkmate defaulters

PSBs get more teeth to checkmate defaulters

Rediff.com23 Nov 2018

The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.

WPI inflation to be in negative zone in March: D&B

WPI inflation to be in negative zone in March: D&B

Rediff.com20 Mar 2015

According to D&B, food price levels might witness a rebound as foodgrain production is estimated to have declined during 2014-15.

Foreign envoys in Kashmir to study situation on ground

Foreign envoys in Kashmir to study situation on ground

Rediff.com17 Feb 2021

A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.

Mallya consults 'formidable' lawyer to defend him

Mallya consults 'formidable' lawyer to defend him

Rediff.com15 May 2017

Award-winning lawyer, Claire Montgomery, the Queen's Counsel, is likely to fight the Indian government's attempt to extradite him to India.

When Politics Scuttles Economic Reforms

When Politics Scuttles Economic Reforms

Rediff.com14 Mar 2022

People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.

RBI relaxes some import/forex rules

RBI relaxes some import/forex rules

Rediff.com14 Apr 2014

The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).

Why are equity MFs continuously selling?

Why are equity MFs continuously selling?

Rediff.com1 Apr 2021

'Money that came into mutual funds near the previous peaks -- the second half of 2017 and 2018 -- has in most cases experienced unflattering returns.' 'A large proportion of redemptions could be such inflows exiting when the market recovered sharply from July 2020 onwards.'

Few things economic advisors, investors expect from the Budget

Few things economic advisors, investors expect from the Budget

Rediff.com13 Jan 2015

Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.

Will stock markets remain bullish in 2015?

Will stock markets remain bullish in 2015?

Rediff.com16 Jan 2015

It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.

Why inflation target parameters need to be reviewed

Why inflation target parameters need to be reviewed

Rediff.com22 Jul 2016

A three-year validity of an inflation target is, perhaps, more reasonable and practicable.

Do the Supreme Court panel members support the farm laws?

Do the Supreme Court panel members support the farm laws?

Rediff.com13 Jan 2021

Where do the four members of the Supreme Court appointed panel to interface with farmers stand on the Modi government's farm laws?

Previous govt had no interest in building houses for poor: PM

Previous govt had no interest in building houses for poor: PM

Rediff.com5 Oct 2021

On the other hand, the Yogi Adityanath government has 'completed nine lakh houses under the scheme and 14 lakh are under construction', Modi said, reeling out comparative figures.

Industrial growth, inflation numbers good? Quick action, please!

Industrial growth, inflation numbers good? Quick action, please!

Rediff.com14 Apr 2016

What came to the rescue of the IIP numbers in February were mining and electricity.

Retrospective benefits on gratuity not on the cards

Retrospective benefits on gratuity not on the cards

Rediff.com7 Jun 2018

The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

Sensex falls 699 points to end below 27,000; Nifty below 8,300

Sensex falls 699 points to end below 27,000; Nifty below 8,300

Rediff.com11 Nov 2016

SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.

Cow is mother, sacred to us, says Modi in Varanasi

Cow is mother, sacred to us, says Modi in Varanasi

Rediff.com23 Dec 2021

He said those making jokes on cows and buffaloes forget that the livelihood of crores of people depends on "pashudhan".

ED carries out countrywide raids against PFI

ED carries out countrywide raids against PFI

Rediff.com3 Dec 2020

The PFI, formed in 2006 in Kerala and headquartered in Delhi, called the raids a gimmick and an attempt to divert attention from the farmers' issue.

Spend options before govt from note ban bonanza

Spend options before govt from note ban bonanza

Rediff.com2 Dec 2016

The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.

Govt portal for stranded migrant workers soon

Govt portal for stranded migrant workers soon

Rediff.com27 Apr 2020

The portal, which has been tentatively named by the labour and employment ministry as the National Portal for COVID-19 Affected Unorganised Migrant Workers, will gather the details of all the unorganised sector workers who are stranded in relief camps, residential or industrial clusters.

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