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

Why India's EVMs are best in world

Why India's EVMs are best in world

Rediff.com26 Mar 2017

Till date, 107 elections to states and three parliamentary polls have been smoothly conducted using the EVMs.

Big win for Modi govt as SC approves DeMo process with 4:1 majority

Big win for Modi govt as SC approves DeMo process with 4:1 majority

Rediff.com2 Jan 2023

In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500 denomination currency notes, saying the decision-making process was neither flawed nor hasty.

20 key predictions for India and the world in 2016

20 key predictions for India and the world in 2016

Rediff.com14 Jan 2016

Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.

'FDI drains India's resources'

'FDI drains India's resources'

Rediff.com10 Aug 2016

'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'

Panagariya on how to make Air India attractive for buyers

Panagariya on how to make Air India attractive for buyers

Rediff.com9 Aug 2017

Out of the total amount, Rs 17,359.77 crore is aircraft loan, while Rs 31,517.04 crore is working capital loan.

The Mudra Mela Muddle

The Mudra Mela Muddle

Rediff.com13 Sep 2021

Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.

India reports 4th coronavirus death; Total up to 173

India reports 4th coronavirus death; Total up to 173

Rediff.com19 Mar 2020

As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.

Sensex slumps over 500 points as China rattles global stocks

Sensex slumps over 500 points as China rattles global stocks

Rediff.com4 Jan 2016

BSE Bankex and Telecom indices led the fall.

'India must talk to Kashmiri militants'

'India must talk to Kashmiri militants'

Rediff.com31 Oct 2017

'In a complex conflict like Kashmir, you can't just ignore the militants when you talk of a permanent solution.'

US actions against Pakistan: Win win for India

US actions against Pakistan: Win win for India

Rediff.com8 Jan 2018

'Bolstering India's conventional military capability against China is in America's strategic interest,' says military historian Colonel Anil A Athale (retd).

SC sets aside RBI ban on cryptocurrencies

SC sets aside RBI ban on cryptocurrencies

Rediff.com4 Mar 2020

The Supreme Court on Wednesday allowed banks and financial institutions to provide services related to cryptocurrencies by setting aside the RBI's 2018 circular which had prohibited them. A three-judge bench, headed by Justice R F Nariman, said the Reserve Bank of India circular is liable to be set aside on the ground of "proportionality". "Accordingly, the writ petitions are allowed and the circular dated April 6, 2018 is set aside," said the bench, also comprising justices Aniruddha Bose and V Ramasubramanian.

No plan to print currency notes to tide over crisis: Sitharaman

No plan to print currency notes to tide over crisis: Sitharaman

Rediff.com26 Jul 2021

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the finance minister said, "No Sir". Many economists and experts have suggested to the government to print more currency notes to tide over the difficult economic situation with a view to support the economy ravaged by the spread of COVID-19, and protect jobs.

What led to Chinese buildup in Ladakh sector

What led to Chinese buildup in Ladakh sector

Rediff.com26 Jan 2023

The paper suggests the strategy needs to be area-specific eg, border tourism can be promoted aggressively in the Turtuk or Siachen sector, and Daulat Beg Oldi or Depsang plains.

Sensex zooms 390 points to snap 3-day losing streak

Sensex zooms 390 points to snap 3-day losing streak

Rediff.com9 Oct 2014

Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.

How BJP Plans To Gain Foothold In Kerala

How BJP Plans To Gain Foothold In Kerala

Rediff.com7 Apr 2023

On Easter, April 9, 10,000 BJP workers are being assigned to visit the houses of 100,000 Christian families. Plans are afoot to visit the homes of Muslims on Eid.

Making losses in stocks? Here's help

Making losses in stocks? Here's help

Rediff.com21 Sep 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries

No scope for 'temporary' in New India: Modi in Paris

No scope for 'temporary' in New India: Modi in Paris

Rediff.com24 Aug 2019

Modi, who was in France on the first leg of his three-nation tour, said there have been a number of constructive changes in the last five years.

Farmers gear up for Bharat bandh, draw more support

Farmers gear up for Bharat bandh, draw more support

Rediff.com8 Dec 2020

With almost all opposition parties too backing the 'Bharat bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing the states and Union Territories to tighten security and ensure peace is maintained.

UP is dragging India down with it

UP is dragging India down with it

Rediff.com22 Jul 2020

'Uttar Pradesh, our largest state by population and the most powerful, is also the worst governed.'

Markets pause after 3-day bull run

Markets pause after 3-day bull run

Rediff.com4 Mar 2016

Asian shares ended higher after a string of positive US economic data.

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Rediff.com14 Mar 2022

According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.

How India can achieve economic redemption

How India can achieve economic redemption

Rediff.com8 Sep 2014

The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.

Want freedom within India and not from India, Kanhaiya says after release

Want freedom within India and not from India, Kanhaiya says after release

Rediff.com4 Mar 2016

Returning to JNU campus on his release from jail three weeks after his arrest, Kanhaiya Kumar said they are seeking freedom within the country and not from India.

Bharat Bandh: Essential services most likely to be hit

Bharat Bandh: Essential services most likely to be hit

Rediff.com1 Sep 2016

Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore

FM prods PSBs to implement 'Aatmanirbhar' relief package

FM prods PSBs to implement 'Aatmanirbhar' relief package

Rediff.com22 May 2020

The finance minister has emphasised on the quick disbursal of additional loans to MSMEs, to simplify process, formats and documentation.

Why is RBI copying US Fed?

Why is RBI copying US Fed?

Rediff.com14 Oct 2020

'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.

Javadekar defends cutting of trees for PM's rally

Javadekar defends cutting of trees for PM's rally

Rediff.com16 Oct 2019

"Every time we cut trees, we plant more. It is a rule of the forest department," Javadekar said.

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.

How Brexit will affect India, global economy

How Brexit will affect India, global economy

Rediff.com20 Jun 2016

A referendum will be held on Thursday, June 23, to decide whether Britain should exit (Britain's exit, hence the term Brexit) or remain in the European Union.

Lehman@10: Mixed fortune for India Inc's global forays

Lehman@10: Mixed fortune for India Inc's global forays

Rediff.com27 Sep 2018

Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.

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.

Has Sanatana Dharma Met Its Electoral Match In Caste Census?

Has Sanatana Dharma Met Its Electoral Match In Caste Census?

Rediff.com5 Oct 2023

It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com28 Feb 2015

Finance Minister Arun Jaitley presented the Union Budget.

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'.

In an interconnected world, India cannot escape Greece crisis's fallout

In an interconnected world, India cannot escape Greece crisis's fallout

Rediff.com7 Jul 2015

If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

Focus shifts to rapid testing as India's COVID-19 tally rises to 2,547

Focus shifts to rapid testing as India's COVID-19 tally rises to 2,547

Rediff.com3 Apr 2020

However, the number of confirmed cases reported by states rose by over 500 to cross 3,000 with at least 90 dead. While Maharashtra, Telangana and Delhi disclosed several new cases of the deadly virus infection, government officials said the numbers have risen in last few days mostly due to one event -- referring to the Tablighi Jamaat's religious gathering in the national capital attended by thousands of people last month.

It's life as usual for Mumbai commuters; rural Maharashtra partially hit

It's life as usual for Mumbai commuters; rural Maharashtra partially hit

Rediff.com2 Sep 2016

There were instances of 'rasta roko' at various places in rural Maharashtra

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.

'Can't abdicate jurisdiction': Oppn to ED over Adani issue

'Can't abdicate jurisdiction': Oppn to ED over Adani issue

Rediff.com15 Mar 2023

Leaders of several opposition parties were stopped by the police at Vijay Chowk in New Delhi as they took out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue.