News for 'United Bank'

The Illusion Of India's 8% Growth

The Illusion Of India's 8% Growth

Rediff.com21 Jan 2026

The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.

Can India's Fab 8 Script T20 World Cup History?

Can India's Fab 8 Script T20 World Cup History?

Rediff.com3 Feb 2026

The eight players who featured in India's World Cup triumph in 2024 will aim to repeat their magic from two years ago.

Hollywood-backed Wrexham knock Forest out of FA Cup

Hollywood-backed Wrexham knock Forest out of FA Cup

Rediff.com10 Jan 2026

Championship side Oxford United beat League Two's MK Dons on penalties after their match ended 1-1, while a couple of League One teams moved on, with Wigan Athletic beating Championship side Preston North End 1-0, and Port Vale defeating League Two's Fleetwood Town 1-0.

Rupee ends up 53 paise to 89.67/USD

Rupee ends up 53 paise to 89.67/USD

Rediff.com19 Dec 2025

The rupee appreciated 53 paise to close at 89.67 against the US dollar on Friday, supported by corporate dollar inflows and easing crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels.

Forex reserves jump $5.54 bn to $692.57 bn

Forex reserves jump $5.54 bn to $692.57 bn

Rediff.com21 Nov 2025

India's forex reserves jumped $5.54 billion to $692.57 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com11 Jan 2026

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.

19 concrete plants in Mumbai shut down over pollution violations

19 concrete plants in Mumbai shut down over pollution violations

Rediff.com5 Dec 2025

The Maharashtra Pollution Control Board (MPCB) has ordered the shutdown of 19 ready mix concrete plants in the Mumbai Metropolitan Region for violating environmental guidelines and contributing to deteriorating air quality levels.

George, Malhotra set up India-Pak date in U-19 Asia Cup final

George, Malhotra set up India-Pak date in U-19 Asia Cup final

Rediff.com19 Dec 2025

Vice-captain Vihaan Malhotra's exhilarating stroke-play was well complemented by Aaron George's composure as India set up an Under-19 Asia Cup summit date with arch-rivals Pakistan after crushing Sri Lanka by eight wickets in a rain-curtailed semi-final, in Dubai, on Friday.

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rediff.com11 Dec 2025

The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rediff.com17 Dec 2025

The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.

Forex reserves drop $2.7 bn to $687 bn

Forex reserves drop $2.7 bn to $687 bn

Rediff.com14 Nov 2025

India's foreign exchange reserves dropped by another $2.7 billion to $687.03 billion during the week ended November 7, the RBI said on Friday.

India, UAE seal defence pact, set $200 bn trade target

India, UAE seal defence pact, set $200 bn trade target

Rediff.com20 Jan 2026

Under the defence partnership, India and the UAE are eyeing defence industrial collaboration and cooperation in advanced technologies, cyberspace training, special operations, interoperability of their militaries and counter terrorism.

Forex reserves drop $5.62 bn to $689.73 bn

Forex reserves drop $5.62 bn to $689.73 bn

Rediff.com7 Nov 2025

India's forex reserves dropped $5.62 billion to $689.73 billion for the week ended October 31, the Reserve Bank of India said on Friday. The overall reserves had declined by $6.92 billion to $695.35 billion.

'Confident of good trade deal with US'

'Confident of good trade deal with US'

Rediff.com21 Nov 2025

Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rediff.com31 Dec 2025

The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.

The Jail Where Nicolas Maduro Is Imprisoned

The Jail Where Nicolas Maduro Is Imprisoned

Rediff.com8 Jan 2026

Well-known inmates of the notorious Metropolitan Detention Center, Brooklyn, New York.

'Congress Eyeing 2036 Polls'

'Congress Eyeing 2036 Polls'

Rediff.com20 Dec 2025

'It is clear they have accepted that the next two elections belong to the BJP.'

Why Freebies May Not Save Stalin's DMK

Why Freebies May Not Save Stalin's DMK

Rediff.com16 Jan 2026

While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Hand over Sabarimala gold case to neutral agency: Amit Shah to Kerala CM

Hand over Sabarimala gold case to neutral agency: Amit Shah to Kerala CM

Rediff.com11 Jan 2026

Union Home Minister Amit Shah criticizes Kerala's ruling Left government over the Sabarimala gold loss case, demanding a neutral investigation and accusing the government of protecting the real culprits. He also signals the start of the BJP's campaign for the upcoming Assembly elections.

J'khand shocker: 5 thalassemia kids test HIV positive after transfusion

J'khand shocker: 5 thalassemia kids test HIV positive after transfusion

Rediff.com26 Oct 2025

Jharkhand Chief Minister Hemant Soren has ordered the suspension of officials after five children with thalassemia tested HIV-positive following blood transfusions in West Singhbhum. The government has initiated an investigation and pledged financial assistance to affected families.

Export units at Tirupur, Noida, Surat halt production amid high US tariffs

Export units at Tirupur, Noida, Surat halt production amid high US tariffs

Rediff.com26 Aug 2025

Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The US duties on Indian goods will increase to 50 per cent from August 27.

Yearend: Time To Reassess YOUR Portfolio

Yearend: Time To Reassess YOUR Portfolio

Rediff.com29 Dec 2025

This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.

India's forex reserves drop $6.9 bn to $695.36 bn

India's forex reserves drop $6.9 bn to $695.36 bn

Rediff.com31 Oct 2025

India's forex reserves dropped by $6.925 billion to $695.355 billion during the week ended October 24, the RBI said on Friday.

'Christians Can Be Taken For Granted'

'Christians Can Be Taken For Granted'

Rediff.com6 Jan 2026

'Mob fury has become very common these days. And these attacks are all planned very well.' 'In all these attacks, you see that they have a very clear cut plan to make the victims as the oppressors and the guilty.' 'The attackers escape and they face no consequences as they have the backing of some political leaders.'

Will Marathi Unite Thackeray Cousins?

Will Marathi Unite Thackeray Cousins?

Rediff.com5 Jul 2025

'Let's see how this love story shapes up in the run up to the municipal corporation election.'

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

Sensex gains 270 pts on fag-end buying in banking stocks

Sensex gains 270 pts on fag-end buying in banking stocks

Rediff.com8 Jul 2025

From the Sensex firms, Kotak Mahindra Bank, Eternal, Asian Paints, NTPC, Bharat Electronics Ltd, Adani Ports, Infosys and State Bank of India were among the major gainers. However, Titan tumbled over 6 per cent. Trent, Axis Bank, Maruti and Hindustan Unilever were also among the laggards.

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Rediff.com29 Nov 2025

Telangana's anti-narcotics wing, the EAGLE Force, conducted a multi-state operation against a Nigerian drug cartel, resulting in over 50 arrests and the seizure of narcotics worth Rs 3.5 crore.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Forex reserves jump by $4.5 billion to $702.28 billion

Forex reserves jump by $4.5 billion to $702.28 billion

Rediff.com24 Oct 2025

India's forex reserves increased by $4.496 billion to $702.28 billion for the week ended October 17, as the value of gold reserves rose further, the RBI said on Friday.

United Bank's massive rise in bad loans has baffled analysts

United Bank's massive rise in bad loans has baffled analysts

Rediff.com4 Mar 2014

Analysts say loan growth, Casa ratio and exposure to sectors under pressure did not indicate any stress at United Bank.

Your Everyday Tax Issues Explained

Your Everyday Tax Issues Explained

Rediff.com12 Dec 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Rediff.com5 Dec 2025

Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.

United Bank's denial: Rs 800-cr default untrue, no merger on cards

United Bank's denial: Rs 800-cr default untrue, no merger on cards

Rediff.com25 Feb 2014

United Bank of India has denied having defaulted to the tune of Rs 800 crore. It also dismissed any merger talk.

US expands travel ban, restrictions to 20 more nations. Check list

US expands travel ban, restrictions to 20 more nations. Check list

Rediff.com17 Dec 2025

The Trump administration has expanded its travel ban and restrictions to 20 additional nations as well as the Palestinian Authority, citing national security concerns.

Amit Shah calls for unified ATS structure for police across India

Amit Shah calls for unified ATS structure for police across India

Rediff.com27 Dec 2025

Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.

How Could Markets Be At All-Time Highs While Portfolios Languished?

How Could Markets Be At All-Time Highs While Portfolios Languished?

Rediff.com29 Dec 2025

There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.