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

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.

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.

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.

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.

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.'

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.

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.

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".

'How can I as a citizen of this country remain silent?'

'How can I as a citizen of this country remain silent?'

Rediff.com7 Feb 2022

'Why should my vaccine certificate, which I got paying my own money, have the picture of the prime minister?'

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?

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.

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.

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).

Planning to Invest in Bonds?

Planning to Invest in Bonds?

Rediff.com25 Feb 2022

If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.

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.

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.

Worsening Centre, states relation poses a 'threat to federalism'

Worsening Centre, states relation poses a 'threat to federalism'

Rediff.com20 Oct 2020

When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.

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.

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.

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

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.

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.

Cabinet nod for Rs 1 lakh crore agri-infra fund

Cabinet nod for Rs 1 lakh crore agri-infra fund

Rediff.com8 Jul 2020

The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.

Why she is fighting for 15 mn freelancers

Why she is fighting for 15 mn freelancers

Rediff.com26 May 2020

'The lockdown has been a great excuse to delay payments.'

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.

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

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.

No info on Mallya's loan, finmin tells CIC

No info on Mallya's loan, finmin tells CIC

Rediff.com7 Feb 2018

The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.

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.

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