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

Meeting FY22 fiscal deficit target hinges on divestment

Meeting FY22 fiscal deficit target hinges on divestment

Rediff.com28 Dec 2021

After the government sought Parliament's nod for a second batch of supplementary demand for grants that will cause a hit of Rs 2.99 trillion to the exchequer, doubts suddenly arose about the government's ability to meet the Budget projections of reining in its fiscal deficit at 6.8 per cent of gross domestic product (GDP), or Rs 15.06 trillion, for the current financial year. Till now, many were of the opinion that the government would succeed in checking the deficit at a much lower figure than what was given in the Budget Estimates (BE). The government had sought Parliament's approval to spend Rs 3.74 trillion extra, but Rs 74,517.01 crore will be matched by equal savings on other heads.

U'khand glacier disaster: 26 bodies recovered, 171 missing

U'khand glacier disaster: 26 bodies recovered, 171 missing

Rediff.com9 Feb 2021

Uttarakhand Chief Minister Trivendra Singh Rawat said saving lives and extending all help to the families of the deceased is the state government's priority.

How top corporate leaders rate the Budget

How top corporate leaders rate the Budget

Rediff.com1 Mar 2016

'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'

When Rahul surprised diners at Patna eatery

When Rahul surprised diners at Patna eatery

Rediff.com7 Jul 2019

Several people clicked snapshots of the leader having his meal from a distance that the SPG -- which looks after Gandhi's security -- permitted.

Lok Sabha passes citizenship (amendment) bill

Lok Sabha passes citizenship (amendment) bill

Rediff.com8 Jan 2019

The Bill provides for according Indian citizenship to the the Hindus, Jains, Christians, Sikhs, Buddhists and Parsis from Bangladesh, Pakistan and Afghanistan after six years of residence in India instead of 12 years even if they do not possess any document.

The main task before the next Modi government

The main task before the next Modi government

Rediff.com27 May 2019

Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.

Our institutions are at risk under Modi

Our institutions are at risk under Modi

Rediff.com19 Dec 2018

'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.

Why sugar is turning sour for Uttar Pradesh

Why sugar is turning sour for Uttar Pradesh

Rediff.com7 Nov 2014

This has spelt trouble for the mills. Most of them are unable to pay the farmers.

Aadhaar may have a lethal impact on the existence of India

Aadhaar may have a lethal impact on the existence of India

Rediff.com5 Oct 2015

'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.

Gems & jewellery exports stare at a bleak future

Gems & jewellery exports stare at a bleak future

Rediff.com5 Sep 2017

The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.

Soldier turning his back to challenges amounts to 'cowardice', says SC

Soldier turning his back to challenges amounts to 'cowardice', says SC

Rediff.com3 Jul 2019

It further said that he cannot live merely on 'past glory' as the trust has been reposed in him for defending the country.

Force China to open its markets for Indian goods

Force China to open its markets for Indian goods

Rediff.com19 Aug 2015

'India needs to adopt a more proactive policy of triggering exports to China.'

Chidambaram spends 1st day in Tihar reading scriptures

Chidambaram spends 1st day in Tihar reading scriptures

Rediff.com7 Sep 2019

The Congress leader was brought to the jail on Thursday evening and he has got no special facilities, except a separate cell and a Western toilet as specified by the court, prison officials said. Like other inmates, he will also have access to the prison's library and can watch television for a specified period.

Wait for CAG report, says govt as Cong steps up Rafale heat

Wait for CAG report, says govt as Cong steps up Rafale heat

Rediff.com18 Jan 2019

Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.

AAP welcomes EC's order to defer doubling of gas price

AAP welcomes EC's order to defer doubling of gas price

Rediff.com25 Mar 2014

The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet

'They are using the pandemic to push their reforms'

'They are using the pandemic to push their reforms'

Rediff.com18 May 2020

'The Modi government is about privatising profits and nationalising losses.'

Red flag flies high in Bihar: Left parties win big

Red flag flies high in Bihar: Left parties win big

Rediff.com10 Nov 2020

Inarguably the biggest gainer in the Grand Alliance, the CPI-ML, often working in the margins of mainstream politics, had 19 candidates in the fray, most of them students and youth leaders.

Zakir Naik's NGO banned from receiving foreign funds directly

Zakir Naik's NGO banned from receiving foreign funds directly

Rediff.com9 Sep 2016

The decision has been taken after a preliminary inquiry conducted by the home ministry found that the NGO was carrying out activities contrary to the Foreign Contribution Regulations Act under which it has to function.

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

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.

'If you stop water to Pakistan, you will flood J&K'

'If you stop water to Pakistan, you will flood J&K'

Rediff.com22 Feb 2019

'In the last 55 years India and Pakistan have gone to wars, but nobody spoke about scrapping the Indus Waters Treaty.'

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.'

Raghuvansh Singh, who quit RJD days ago, passes away

Raghuvansh Singh, who quit RJD days ago, passes away

Rediff.com13 Sep 2020

Singh was widely regarded as an expert in the rural and agricultural landscape of the country and is credited with the conceptualisation and implementation of the NREGA (National Rural Guarantee Employment) Act.

Coalgate verdict: A chance to clean up the mess

Coalgate verdict: A chance to clean up the mess

Rediff.com26 Sep 2014

It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.

This is Chidambaram's 'Nawaz Sharif' moment: Sitharaman

This is Chidambaram's 'Nawaz Sharif' moment: Sitharaman

Rediff.com13 May 2018

Chidambaram mocked her with a tongue-in-cheek tweet.

Opposition manufacturing reasons to escape debate: Jaitley

Opposition manufacturing reasons to escape debate: Jaitley

Rediff.com24 Nov 2016

Jaitley said it is no surprise that Dr Manmohan Singh is unhappy as 'maximum black money was generated' under his rule.

Why I have not got an Aadhar card

Why I have not got an Aadhar card

Rediff.com28 Aug 2017

'There must be thousands if not lakhs of people the government is illegally spying on.' 'Why should we enable this criminal activity by volunteering our details?'

15 foreign envoys meet civil society in J-K

15 foreign envoys meet civil society in J-K

Rediff.com9 Jan 2020

This is the first visit by diplomats to the newly carved out UT.

Mr Modi and markets: The next 3 years

Mr Modi and markets: The next 3 years

Rediff.com2 May 2016

We remain at the mercy of the global economic climate.

Chandilya's grand plans to make AirAsia top airline in India

Chandilya's grand plans to make AirAsia top airline in India

Rediff.com20 Oct 2014

This was good enough for Fernandes to hire Chandilya to lead his India business.

Stage set for Assam first phase assembly polls on Monday

Stage set for Assam first phase assembly polls on Monday

Rediff.com3 Apr 2016

Over 95 lakh voters will decide the fate of 539 candidates, including 43 females, in 65 constituencies spread across the state.

Factories with up to 40 workers may be kept out of major labour laws

Factories with up to 40 workers may be kept out of major labour laws

Rediff.com4 May 2015

The Bill will make it tougher for workers to go on strike.

'Hum aapke saath mein hai'

'Hum aapke saath mein hai'

Rediff.com4 Mar 2022

'I want to show that we are also part of this society and want to participate just as much, whether it is for security or whatever community work there.'

Indian equities most attractive on a 5-yr basis, says CLSA MD Christopher Wood

Indian equities most attractive on a 5-yr basis, says CLSA MD Christopher Wood

Rediff.com18 Nov 2014

Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.

Niti Aayog being decked up to welcome new members

Niti Aayog being decked up to welcome new members

Rediff.com8 Jan 2015

Hectic preparations are on at the newly-formed Niti Aayog to welcome the first Vice-Chairman Arvind Panagariya and other members whose appointments were approved by Prime Minister Narendra Modi on Monday.

Parliament witnesses storm of protests, no end to stalemate in sight

Parliament witnesses storm of protests, no end to stalemate in sight

Rediff.com9 Mar 2018

Parliament proceedings were washed out for the fifth straight day, as members from parties including the Telugu Desam Party and the All India Anna Dravida Munnetra Kazhagam, continued their protests on various issues.

Few mistakes Modi must avoid while framing pro-business policies

Few mistakes Modi must avoid while framing pro-business policies

Rediff.com16 Jul 2015

The prime minister had openly said the retail sector should be open to competition, domestic and foreign.

Why exports keep missing ministry target

Why exports keep missing ministry target

Rediff.com24 Apr 2019

A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.

PM Modi takes swipe at Pak, says some nations are arming terrorists

PM Modi takes swipe at Pak, says some nations are arming terrorists

Rediff.com3 Jun 2017

Putin said India was facing a serious problem on account of terrorism and it was not an "imaginary thing".

Farm laws repeal; eye on Presidential poll?

Farm laws repeal; eye on Presidential poll?

Rediff.com23 Nov 2021

In the unlikely event of the BJP-NDA losing all five states going to the polls in February-March, the Presidential electoral college numbers could be significantly altered, points out N Sathiya Moorthy.