News for 'Union Bank of India'

Trump's Tariffs: India's Second 1991 Moment

Trump's Tariffs: India's Second 1991 Moment

Rediff.com29 Aug 2025

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.

This MLA Wants Workers To Have The Right To Disconnect

This MLA Wants Workers To Have The Right To Disconnect

Rediff.com5 Nov 2025

The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.

Opposition questions EC intentions behind electoral roll revision

Opposition questions EC intentions behind electoral roll revision

Rediff.com28 Oct 2025

Opposition parties are questioning the Election Commission's intentions behind the second phase of special intensive revision of electoral rolls in 12 states and Union Territories. The BJP has slammed the Congress and called the opposition a 'herd of dissatisfied souls'.

US Will Eventually Realise India Can't Be Bullied

US Will Eventually Realise India Can't Be Bullied

Rediff.com12 Sep 2025

'Things may get much worse before they get better,' predicts Ajay Chhibber.

NDA Tsunami Sweeps Away Mahagathbandhan In Bihar

NDA Tsunami Sweeps Away Mahagathbandhan In Bihar

Rediff.com15 Nov 2025

The National Democratic Alliance was set to sweep the Bihar assembly polls, surging ahead in over 200 of 243 seats on Friday with the Bharatiya Janata Party emerging as single largest party with about 90 per cent strike rate, reaffirming the popularity and campaign clout of Prime Minister Narendra Modi, who was the face of the ruling alliance through the poll battle in the highly sensitive political state.

Mehul Choksi extradition: India assures Belgium on prison conditions

Mehul Choksi extradition: India assures Belgium on prison conditions

Rediff.com9 Sep 2025

The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

Phase 2 of Bihar polls tomorrow, Nitish ministers in fray

Phase 2 of Bihar polls tomorrow, Nitish ministers in fray

Rediff.com10 Nov 2025

Electoral fortunes of 1,302 candidates, including over half a dozen ministers in the Nitish Kumar government, will be sealed on Tuesday with 3.70 crore voters eligible to exercise their franchise across 122 assembly segments in the second and final phase of the Bihar polls.

BJP files complaint against Rahul Gandhi over remarks on PM

BJP files complaint against Rahul Gandhi over remarks on PM

Rediff.com31 Oct 2025

The BJP has filed a complaint with the Election Commission against Rahul Gandhi for his alleged derogatory remarks against Prime Minister Narendra Modi during recent rallies in Bihar.

'One episode of financial instability can take us many years behind'

'One episode of financial instability can take us many years behind'

Rediff.com2 Oct 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media

'We Forced NDA To Talk About Jobs'

'We Forced NDA To Talk About Jobs'

Rediff.com13 Nov 2025

'When the BJP wanted the election to focus on 'ghuspathiya' and promises that look like pies in the sky, we forced them to talk about jobs, giving free 125 units of power, and addressing women's indebtedness.'

May entrust probe into digital arrest cases to CBI: SC

May entrust probe into digital arrest cases to CBI: SC

Rediff.com27 Oct 2025

The Supreme Court is considering entrusting the CBI with the investigation into digital arrest cases, citing the magnitude and pan-India spread of such crimes. The court has sought details of FIRs registered in different states and union territories and is monitoring the progress of the investigation.

Will Nitish Kumar Spring A Surprise On Friday?

Will Nitish Kumar Spring A Surprise On Friday?

Rediff.com11 Nov 2025

While it is evident that the INDIA bloc has not shut its doors on Nitish Kumar, those within the NDA are hopeful that the JD-U's support base would benefit them as well

'Tiger Abhi Zinda Hai' mirrors Nitish Kumar's refusal to slow down

'Tiger Abhi Zinda Hai' mirrors Nitish Kumar's refusal to slow down

Rediff.com15 Nov 2025

The Bihar chief minister had a point to prove in the latest assembly elections, which were held amid speculations of a fatigue factor, if not downright anti-incumbency, made worse by rumours of his indifferent health.

What's Pushing India-US Ties To Breaking Point?

What's Pushing India-US Ties To Breaking Point?

Rediff.com16 Aug 2025

The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.

Shapoorji Pallonji calls for public listing of Tata Sons

Shapoorji Pallonji calls for public listing of Tata Sons

Rediff.com10 Oct 2025

SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Rediff.com31 Oct 2025

Prime Minister Narendra Modi on Friday launched a sharp attack on country's first premier Jawaharlal Nehru, claiming he prevented Sardar Vallabhbhai Patel from fully integrating Kashmir into the Indian Union.

Normal life remains unaffected during strike, violence in Bengal

Normal life remains unaffected during strike, violence in Bengal

Rediff.com10 Jul 2025

A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.

FinMin Raps PSBs on Property Doc Delays

FinMin Raps PSBs on Property Doc Delays

Rediff.com4 Aug 2025

State Bank of India has 18,000 pending cases and Bank of Baroda has around 1,000 cases.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

High points of Sitharaman's 8th Union Budget

High points of Sitharaman's 8th Union Budget

Rediff.com1 Feb 2025

These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.

Why Is Mehli Mistry Against Noel Tata?

Why Is Mehli Mistry Against Noel Tata?

Rediff.com8 Oct 2025

Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.

Maha minister Vikhe Patil, 53 others booked in loan fraud case

Maha minister Vikhe Patil, 53 others booked in loan fraud case

Rediff.com30 Apr 2025

A case has been registered against Maharashtra BJP minister Radhakrishna Vikhe Patil and 53 others, including directors of a sugar mill, for allegedly obtaining loans of nearly Rs 9 crore in the names of farmers using forged documents. The complaint was filed by a sugarcane cultivator and member of the cooperative sugar mill, alleging that the loan amounts were never credited to the farmers' accounts and were instead siphoned off by sugar mill officials and bank staff. The case was registered based on a court directive following a complaint alleging irregularities that occurred in 2004.

'Hidma's Death Is Death Of Maoist Insurgency'

'Hidma's Death Is Death Of Maoist Insurgency'

Rediff.com20 Nov 2025

'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'

Shadow bank risks persist despite RBI relief

Shadow bank risks persist despite RBI relief

Rediff.com18 Mar 2025

Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.

India eyes 2000 GCCs beyond metro cities by yearend

India eyes 2000 GCCs beyond metro cities by yearend

Rediff.com9 Jul 2025

MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India.

Bihar polls: Gehlot meets Lalu, Tejashwi as Congress, RJD patch up

Bihar polls: Gehlot meets Lalu, Tejashwi as Congress, RJD patch up

Rediff.com22 Oct 2025

Internal discord within the INDIA bloc has led to alliance partners contesting against each other in at least eight assembly seats in Bihar. The Congress, RJD, and Left parties are facing challenges in seat-sharing arrangements for the upcoming elections.

Credit quality of companies likely to remain stable in H2

Credit quality of companies likely to remain stable in H2

Rediff.com8 Oct 2025

Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.

He should create 'Ministry of Insults': Priyanka's dig at Modi

He should create 'Ministry of Insults': Priyanka's dig at Modi

Rediff.com3 Nov 2025

Priyanka accused the prime minister of "speaking on unnecessary issues" while staying silent on corruption, unemployment and the alleged misrule under the NDA government in Bihar.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Bihar records highest-ever 65% turnout in first phase of polls

Bihar records highest-ever 65% turnout in first phase of polls

Rediff.com7 Nov 2025

The first phase of Bihar assembly elections saw a moderate pace of polling across 121 constituencies, with 53.77% voter turnout reported till 3 pm. Sporadic incidents of violence were also reported. Key leaders are in the fray for both the ruling NDA and the opposition INDIA bloc.

Will Cash Transfer Win Bihar For Modi?

Will Cash Transfer Win Bihar For Modi?

Rediff.com4 Nov 2025

If women voters are mobilised in big numbers to the voting booths on November 6 and 11 by the Nitish Kumar-led NDA, then it will be quite difficult for the Tejashwi Yadav-led Mahagathbandhan to defeat the incumbent government, points out Sheela Bhatt.

Will Bihar Lift The Liquor Ban After Polls?

Will Bihar Lift The Liquor Ban After Polls?

Rediff.com22 Oct 2025

Voters are weighing a stark trade-off -- between preserving a socially driven policy and reversing course to revive revenue, restore fiscal balance, and rein in the underground liquor economy.

Beijing ready to revive Russia-India-China troika

Beijing ready to revive Russia-India-China troika

Rediff.com17 Jul 2025

China has expressed its support for Russia's initiative to revive the Russia-India-China (RIC) troika, emphasizing its importance for regional and global security and stability.

Feud erupts in Matua head family in Bengal; BJP uneasy

Feud erupts in Matua head family in Bengal; BJP uneasy

Rediff.com25 Aug 2025

A family feud within the politically influential Matua community has erupted between Union minister Shantanu Thakur and his brother, BJP MLA Subrata Thakur, creating ripples in West Bengal's political landscape and posing a challenge for the BJP ahead of upcoming elections.

Robin Uthappa grilled by ED for 8 hours!

Robin Uthappa grilled by ED for 8 hours!

Rediff.com22 Sep 2025

The Enforcement Directorate questioned Robin Uthappa for over eight hours and recorded his statement in a money laundering case linked to online betting app.

Muted deposit and credit growth sends PSB stocks into a tailspin

Muted deposit and credit growth sends PSB stocks into a tailspin

Rediff.com7 Jan 2025

Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.

Air India may help India become international transit hub

Air India may help India become international transit hub

Rediff.com10 Jun 2025

Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.