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

No dept of RBI has been shifted out of Mumbai: BJP

No dept of RBI has been shifted out of Mumbai: BJP

Rediff.com7 Oct 2014

Maharashtra Congress accused the govt of being biased against the state, and claimed that it was planning to reduce the importance of Mumbai as the financial capital.

FATF retains Pak in 'grey list'; asks it to prosecute Azhar, Saeed

FATF retains Pak in 'grey list'; asks it to prosecute Azhar, Saeed

Rediff.com25 Jun 2021

The Financial Action Task Force (FATF) on Friday retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of United Nations-designated terror groups, including Hafiz Saeed and Masood Azhar.

Will Modi Contest 2024 Elections From Vellore?

Will Modi Contest 2024 Elections From Vellore?

Rediff.com22 Jun 2023

Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.

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.

Jagan May Be Party President For Life, But...

Jagan May Be Party President For Life, But...

Rediff.com19 Jul 2022

]If Andhra Pradesh's middle class is denied salaries and pensions or, if these are delayed, it will rise against Jagan Mohan Reddy with the same fervour with which it voted him in.

We need a Sudarshan Chakra for PSB revival

We need a Sudarshan Chakra for PSB revival

Rediff.com27 Nov 2017

'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.

Toilet vs Temple debate reveals India's Dirty Picture

Toilet vs Temple debate reveals India's Dirty Picture

Rediff.com15 Oct 2013

For more than half of all Indian households, the very personal act of defecation is an open affair, says Joel Rai

Are you still holding these stocks? Exit NOW

Are you still holding these stocks? Exit NOW

Rediff.com13 Dec 2019

Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.

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.

'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.

BCCI secretary Shah assures help to northeastern states

BCCI secretary Shah assures help to northeastern states

Rediff.com8 Jan 2021

Shah recently visited the northeastern states of Arunachal Pradesh and Sikkim.

Smriti Irani-Sonia Gandhi: Who's the richer of the 2?

Smriti Irani-Sonia Gandhi: Who's the richer of the 2?

Rediff.com12 Apr 2019

In their election affidavits, Sonia Gandhi declared a 45 per cent drop in her income in 2017-18 compared to 2013-14, while Irani's income increased roughly an 80 per cent increase in her income in the same time span.

Modi 2.0: Sushma out, Gadkari may get defence

Modi 2.0: Sushma out, Gadkari may get defence

Rediff.com18 Apr 2019

There is buzz that the PM, confident of an election victory, will introduce 25 new ministers.

Saving the heart of Make in India

Saving the heart of Make in India

Rediff.com26 May 2017

Will private firms really boost Make in India in the defence sector? Ajai Shukla seeks answers.

Pak admits Dawood Ibrahim living in Karachi

Pak admits Dawood Ibrahim living in Karachi

Rediff.com23 Aug 2020

Dawood Ibrahim is wanted in India to face the law of the land for carrying out serial blasts in Mumbai in 1993 in which scores of people were killed and injured.

India gets better for doing biz globally but still far behind China

India gets better for doing biz globally but still far behind China

Rediff.com30 Sep 2015

India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.

Government, RBI monitoring Brexit fallout, taking 'calibrated' steps

Government, RBI monitoring Brexit fallout, taking 'calibrated' steps

Rediff.com19 Jul 2016

Last month, in a historic development, the UK voted to leave the European Union.

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.

Covid vaccination drive after scientists' nod: PM

Covid vaccination drive after scientists' nod: PM

Rediff.com5 Dec 2020

In his remarks in New Delhi at an all-party meeting held virtually, Modi said healthcare workers involved in treating COVID-19 patients, frontline workers, who include police personnel and municipal staff, and old people suffering from serious conditions would be inoculated on priority.

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.'

Centre's divestment plan: A stress test for zombie steel plants

Centre's divestment plan: A stress test for zombie steel plants

Rediff.com30 Apr 2021

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.

UP polls: Final phase of voting on Monday, 613 candidates in fray

UP polls: Final phase of voting on Monday, 613 candidates in fray

Rediff.com6 Mar 2022

Voting for the seventh and final phase of the Uttar Pradesh assembly elections covering 54 seats, including Prime Minister Narendra Modi's parliamentary constituency Varanasi, will be held on Monday to decide the phase of 613 candidates.

Why invoking Section 7 is a risky affair

Why invoking Section 7 is a risky affair

Rediff.com14 Nov 2018

The use of Section 7 is fraught with risks to the autonomy of the central bank, the credibility of the government and the smooth functioning of the financial markets, says A K Bhattacharya.

New tax portal a mess, why change during ITR filing time, says Tharoor

New tax portal a mess, why change during ITR filing time, says Tharoor

Rediff.com6 Jul 2021

Senior Congress leader Shashi Tharoor on Tuesday attacked the Centre over the glitches in the new income tax portal, alleging that even after spending Rs 4,200 crore on it, the government had "failed" to make it user-friendly and created a "mess" instead.

SBI Chairman on why Brexit is not good for the world

SBI Chairman on why Brexit is not good for the world

Rediff.com5 Jul 2016

India will need to 're-examine' and 're-negotiate' the trade access with the European Union and the United Kingdom which she noted may or may not be 'good' for India.

Housing fund not for projects under litigation: Govt

Housing fund not for projects under litigation: Govt

Rediff.com7 Nov 2019

The finance ministry also said the maximum funding will be Rs 400 crore for any single project that will be seeking assistance from the 'special window' for completion of the 1,508 projects comprising about 4.58 lakh units.

'Modi wants to raise standard of living'

'Modi wants to raise standard of living'

Rediff.com31 Jan 2022

'So you have welfare programmes, you reach out to the poor, you cut out the middlemen, you cut out the leakages and you try to raise the standard of living.'

India needs N-tech, not reactors, Modi must tell Obama

India needs N-tech, not reactors, Modi must tell Obama

Rediff.com14 Jan 2015

The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.

Terror financing watchdog decides to keep Pak in 'Grey' list

Terror financing watchdog decides to keep Pak in 'Grey' list

Rediff.com22 Jun 2019

The FATF continuing Pakistan in the 'Grey' list means its downgrading by IMF, World Bank, ADB, EU and also a reduction in risk rating by Moody's, S&P and Fitch.

Jaitley colluded with Mallya, says Rahul; BJP hits back

Jaitley colluded with Mallya, says Rahul; BJP hits back

Rediff.com13 Sep 2018

The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.

China or Pakistan? Who should Modi make peace with?

China or Pakistan? Who should Modi make peace with?

Rediff.com12 Mar 2021

India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.

'This will lead to a law of the jungle'

'This will lead to a law of the jungle'

Rediff.com11 May 2020

'Just as coronavirus has come to us from China, this disease is also coming from that country.' 'India is a strong democracy and you cannot compromise on labour laws in this manner.' 'These changes will be challenged in court.'

The A to Z of 2020

The A to Z of 2020

Rediff.com31 Dec 2020

We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.

Why Urjit Patel did not cut interest rates on Dec 7

Why Urjit Patel did not cut interest rates on Dec 7

Rediff.com7 Dec 2016

RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.

Modi leads India to the Silk Road

Modi leads India to the Silk Road

Rediff.com7 Aug 2014

With Beijing having had a profound rethink on India's admission as a full member of the Shanghai Cooperation Organisation, the tectonic plates of the geopolitics of a massive swathe of the planet stretching from the Asia-Pacific to West Asia are dramatically shifting. That grating noise in the Central Asian steppes will be heard far and wide -- as far as North America, says Ambassador M K Bhadrakumar.

Assam, Bengal remain peaceful; no violent protests

Assam, Bengal remain peaceful; no violent protests

Rediff.com19 Dec 2019

Businesses and banks in Guwahati were open and vehicles plied the roads but schools and colleges were closed. Stray incidents of clashes were reported in West Bengal.

India's entry into the SCO may bring it closer to China

India's entry into the SCO may bring it closer to China

Rediff.com6 Jul 2015

It seems China is ready to cooperate with India in the central Asian region through the SCO framework, the reasons for which are manifold, says Sana Hashmi.

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.

US wants to monitor Air Quality; India stunned

US wants to monitor Air Quality; India stunned

Rediff.com20 Apr 2015

13 out of the world's 20 most polluted cities are in India. Most shockingly, the latest Central Pollution Control Board statistics reveal that the pollution levels in Gwalior, Raipur and even little known Kashipur are higher than that of Delhi which means we have some of the most polluted zones in the world.

This is what Mr Mukherjee must focus on now

This is what Mr Mukherjee must focus on now

Rediff.com31 May 2011

India's macroeconomic authorities must focus on fiscal stabilisation and Mukherjee has to provide the leadership as finance minister.