News for 'United Bank'

Bangladesh court freezes 31 bank accounts linked to Hasina, kin

Bangladesh court freezes 31 bank accounts linked to Hasina, kin

Rediff.com18 Mar 2025

A Dhaka court has ordered the freezing of 31 bank accounts linked to ousted prime minister Sheikh Hasina, her family members and their associates over corruption allegations. The accounts, holding a total of Tk 394.6 crore (INR 281.2 crore approximately), belong to Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, nephew Radwan Mujib Siddiq Bobby and their related organizations. The Anti-Corruption Commission (ACC) claims Hasina and others are trying to transfer the money from these accounts, prompting the court to issue the freezing order.

Mehul Choksi's bail plea rejected by Belgian court

Mehul Choksi's bail plea rejected by Belgian court

Rediff.com30 Aug 2025

The bail plea of fugitive diamonds trader Mehul Choksi, wanted in India in connection with over Rs 6300-crore fraud in the Punjab National Bank (PNB), has again been turned down by a court of appeal in Belgium, just ahead of his extradition hearing before a court in that country, officials said. The court rejected the appeal on strong reasons conveyed by the CBI to the Belgian prosecution that Choksi had escaped from many jurisdictions earlier as well to evade legal proceedings and may flee to another country if let out on bail, they said.

SC restrains release of accused in Rs 3.29 cr 'digital arrest' case

SC restrains release of accused in Rs 3.29 cr 'digital arrest' case

Rediff.com17 Nov 2025

The Supreme Court has restrained lower courts from releasing the accused in a digital arrest fraud case where a 72-year-old lawyer was duped of Rs 3.29 crore. The court expressed concern over the growing cybercrime and the targeting of elderly citizens.

2 more BLOs die, outrage over 'work load' intensifies

2 more BLOs die, outrage over 'work load' intensifies

Rediff.com28 Nov 2025

This is the fourth such death reported in the state since the exercise began on November 4, sparking a political blame game.

Forex reserves drop by $396 mn to $703 billion

Forex reserves drop by $396 mn to $703 billion

Rediff.com26 Sep 2025

India's forex reserves dropped by $396 million to $703 billion for the week ended September 19, according to the RBI data. In the previous reporting week, the overall reserves had jumped by $4.7 billion to $703 billion.

Jaish poster-pasting J-K doctor travelled to Delhi before car blast

Jaish poster-pasting J-K doctor travelled to Delhi before car blast

Rediff.com13 Nov 2025

A flight ticket reveals that Dr. Adil Ahmad, arrested in Saharanpur, traveled from Srinagar to Delhi days before the Red Fort blast, raising questions about his possible involvement.

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

Rediff.com2 Dec 2025

What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.

Why Rupee Depreciation Should Not Be Resisted

Why Rupee Depreciation Should Not Be Resisted

Rediff.com4 Dec 2025

'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.

Sporadic violence in Bangladesh ahead of Hasina verdict

Sporadic violence in Bangladesh ahead of Hasina verdict

Rediff.com17 Nov 2025

Sporadic violence erupts across Bangladesh as the nation awaits a special tribunal verdict against former Prime Minister Sheikh Hasina in a case of alleged crimes against humanity. Security is heightened, and authorities are on high alert.

Clash Of Bahubalis In Bihar's Mokama

Clash Of Bahubalis In Bihar's Mokama

Rediff.com17 Oct 2025

Mokama will witness one of this Bihar assembly election's hottest battles as Janata Dal-United candidate Anant Singh takes on the Rashtriya Janata Dal's Veena Devi, whose husband Surajbhan Singh, like her JD-U rival, is considered one of the state's tough guys or as they say in these parts, a Bahubali.

Gensol promoters used firm like personal piggy bank: Sebi

Gensol promoters used firm like personal piggy bank: Sebi

Rediff.com17 Apr 2025

Gensol Engineering's promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives, Sebi revealed in its interim order.

Digital arrest: Retired banker duped of Rs 23 crore

Digital arrest: Retired banker duped of Rs 23 crore

Rediff.com22 Sep 2025

Cyber fraudsters posing as ED and CBI officials duped a retired banker in Delhi of Rs 23 crore by allegedly putting him under 'digital arrest' for nearly a month.

After H-1B Trump Tightens Grip On OPT Students

After H-1B Trump Tightens Grip On OPT Students

Rediff.com13 Oct 2025

The share of Indian students pursuing OPT has nearly doubled from 22.12 per cent in 2006-07 to over 40 per cent in 2023-24.

Modi again uses 'katta, dunaali' to hit out at RJD-Cong

Modi again uses 'katta, dunaali' to hit out at RJD-Cong

Rediff.com7 Nov 2025

Prime Minister Narendra Modi asserted that the record turnout in the first phase of the Bihar assembly polls indicates people's trust in the NDA government. He predicted victory for the NDA, led by Chief Minister Nitish Kumar, and lauded the Election Commission for conducting successful elections.

A Wounded Jaguar Rescued

A Wounded Jaguar Rescued

Rediff.com9 Oct 2025

Glimpses from around the world that will make you smile and cry.

'BJP's Greater Control In Bihar Marks A Fundamental Shift'

'BJP's Greater Control In Bihar Marks A Fundamental Shift'

Rediff.com5 Dec 2025

'Nitish Kumar previously held tight control over key ministries, but this concession (giving the home portfolio to the BJP) reflects either his weakened political position or a pragmatic acknowledgment of the BJP's growing dominance.'

Bangladesh freezes arrested Hindu leader's bank account

Bangladesh freezes arrested Hindu leader's bank account

Rediff.com29 Nov 2024

Bangladesh Bank's Financial Intelligence Unit (BFIU) sent these directives to different banks and financial institutions on Thursday, suspending all types of transactions in these accounts for a month, the Prothom Alo newspaper reported.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

'I'm the only one who bowls at 150kph'

'I'm the only one who bowls at 150kph'

Rediff.com28 Nov 2025

Those who bowl at 150 kph are kings, but I am also working on slower balls, yorkers: Umran Malik

'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.'

'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.

Sensex ends down 386 points on foreign fund outflows

Sensex ends down 386 points on foreign fund outflows

Rediff.com24 Sep 2025

Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services and Axis Bank were the major laggards. However, Power Grid, Hindustan Unilever, NTPC and HCL Tech were among the gainers.

Bihar's voter turnout nearly 69%; women outvoted men in both phases

Bihar's voter turnout nearly 69%; women outvoted men in both phases

Rediff.com12 Nov 2025

An ECI statement issued from New Delhi put the voter turnout at 68.76 per cent. The female turnout (74.03 per cent) was significantly higher, compared with males (64.1 per cent).

Record 69% turnout in Bihar's final phase, women voters lead

Record 69% turnout in Bihar's final phase, women voters lead

Rediff.com12 Nov 2025

Bihar recorded its highest-ever voter turnout of 67.14 per cent in the second and final phase of the assembly elections. The election is seen as a referendum on Chief Minister Nitish Kumar. Kishanganj recorded the highest polling percentage at 76.26.

Soon after nomination, RJD candidate arrested in 2004 case

Soon after nomination, RJD candidate arrested in 2004 case

Rediff.com21 Oct 2025

RJD candidate Satendra Sah was arrested immediately after filing his nomination papers from Bihar's Sasaram assembly seat due to a pending non-bailable warrant from Jharkhand. This marks the third such incident of INDIA bloc candidates being arrested after filing nominations.

Kali Choudhury: From Hemet To Hollywood Park

Kali Choudhury: From Hemet To Hollywood Park

Rediff.com30 Sep 2025

Dr Kali P Choudhury, a visionary entrepreneur immigrated to the United States with almost nothing and built his estate in Hemet before turning his focus to Inglewood.

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

Tempted By GST Car Deals? Brake And Research!

Tempted By GST Car Deals? Brake And Research!

Rediff.com8 Oct 2025

'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'

'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.'

'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.'

Meta expands safety tools to safeguard older adults from online scams

Meta expands safety tools to safeguard older adults from online scams

Rediff.com22 Oct 2025

Meta has announced new anti-scam features and awareness initiatives, including safety tools and tips to protect users, particularly senior citizens from cyber fraud and online scams, as the social media giant stepped up efforts to help people stay safe online.

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.

Fresh charge slapped on Delhi godman, court sends him to 14-day jail

Fresh charge slapped on Delhi godman, court sends him to 14-day jail

Rediff.com3 Oct 2025

Self-styled godman Chaitanyananda Saraswati, accused of molesting 17 women students, has been remanded to judicial custody. Police have added a charge related to threatening a witness.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.

Let my story be a warning, says ex-banker who lost Rs 23 cr

Let my story be a warning, says ex-banker who lost Rs 23 cr

Rediff.com23 Sep 2025

A retired banker in Delhi lost his entire life savings, amounting to Rs 23 crore, to cyber fraudsters who posed as ED and CBI officers. The victim was kept under 'digital arrest' for over a month and forced to transfer funds under duress.

India's GDP to grow 6.7-6.9% in FY26: Deloitte

India's GDP to grow 6.7-6.9% in FY26: Deloitte

Rediff.com23 Oct 2025

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal.

Will Deepa Thoon Controversy Damage Stalin's DMK?

Will Deepa Thoon Controversy Damage Stalin's DMK?

Rediff.com9 Dec 2025

The Deepa Thoon controversy, if not allowed to die a natural death, could take the election focus away from the anti-incumbency impacting the DMK and into the secular space. Stalin would love to have it that way, all over again, after the three past elections, points out N Sathiya Moorthy.

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.

India not pushing for an alternative to US dollar

India not pushing for an alternative to US dollar

Rediff.com10 Sep 2025

Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the country is not pursuing any proposal to replace the US dollar as international currency for global trade. "No, certainly not. I think India is not part of any such initiative," he said in response to a question if India is looking at an alternative currency to the US dollar for global trade.

UK team inspects Tihar jail amid India's extradition push

UK team inspects Tihar jail amid India's extradition push

Rediff.com7 Sep 2025

A team from Britain's Crown Prosecution Service (CPS) recently visited Tihar Jail to assess prison conditions for the extradition of high-profile economic offenders such as Nirav Modi and Vijay Mallya.