News for 'United Bank'

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

Forex reserves drop by $4.11 billion to $640.27 billion

Forex reserves drop by $4.11 billion to $640.27 billion

Rediff.com3 Jan 2025

India's forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped by $8.48 billion to $644.39 billion.

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

How war anxiety is haunting Indian homes

How war anxiety is haunting Indian homes

Rediff.com11 May 2025

The escalating military tension between the two nations, a deluge of information, and the inability to sift through fake and real news can significantly affect the psychological well-being of individuals, said mental health experts.

The Costly Flops of IPL 2025

The Costly Flops of IPL 2025

Rediff.com16 May 2025

Here's a look at the biggest disappointments of IPL 2025 -- the players who've cost crores but delivered crumbs.

It's Siraj vs Starc: Table-toppers DC and GT collide for supremacy

It's Siraj vs Starc: Table-toppers DC and GT collide for supremacy

Rediff.com18 Apr 2025

The Capitals sit pretty at the top with 10 points from six games, while the Titans trail close behind with eight from as many outings.

Why Congress's Ahmedabad AICC session is historic

Why Congress's Ahmedabad AICC session is historic

Rediff.com7 Apr 2025

The Congress's second AICC session in Gujarat post-Independence is being held on the 100th anniversary of Mahatma Gandhi's party presidency and the 150th birth anniversary of Sardar Vallabhbhai Patel.

Can CSK break their losing streak against KKR?

Can CSK break their losing streak against KKR?

Rediff.com10 Apr 2025

A struggling Chennai Super Kings (CSK) will be aiming to break their losing streak when they face Kolkata Knight Riders (KKR) in a crucial Indian Premier League (IPL) match at the MA Chidambaram Stadium in Chennai on Friday. CSK are currently ninth in the standings with one win and four losses, while KKR are in sixth position with two wins and three defeats. The home team will be hoping to turn around their fortunes at Chepauk, which has not been as advantageous this season as it has been in the past. CSK will need to adapt to the changed conditions and rely on their spinners to perform well at a venue where they have traditionally dominated. Meanwhile, KKR will be looking to bounce back from a narrow loss to the Lucknow Super Giants and secure a win to keep their playoff hopes alive.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

BJP up in arms over 'wrong' Kashmir map on Cong poster

BJP up in arms over 'wrong' Kashmir map on Cong poster

Rediff.com26 Dec 2024

A controversy has erupted over the alleged misrepresentation of the India map on the posters displayed by the Congress to commemorate the centenary of 1924 Congress session in Karnataka's Belagavi, with the Bharatiya Janata Party dubbing it as 'vote bank' politics by the national party.

Waqf bill: Govt says no interference in Muslims; Oppn objects

Waqf bill: Govt says no interference in Muslims; Oppn objects

Rediff.com2 Apr 2025

Introducing the bill, Rijiju said the consultation process of the Joint Parliamentary Committee (JPC) was the largest ever exercise carried out by a parliamentary panel in India's democratic history.

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

Pahalgam Attack: Unfinished Battle Against Terrorism

Pahalgam Attack: Unfinished Battle Against Terrorism

Rediff.com30 Apr 2025

The Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.

FAQ: IT Dept Can Check E-mail, WhatsApp

FAQ: IT Dept Can Check E-mail, WhatsApp

Rediff.com6 Mar 2025

Here's what you must know about the new rule, its implications, and whether it affects taxpayers' rights and privacy.

Focus on skippers Pant, Patel as LSG, DC face off in Vizag

Focus on skippers Pant, Patel as LSG, DC face off in Vizag

Rediff.com23 Mar 2025

With their respective leaders switching camps and squads undergoing major overhauls, both Delhi Capitals and Lucknow Super Giants, under new captains, will be eager to make a strong start to their IPL campaign when they face off in Visakhapatnam on Monday.

Arrest warrant against Bangladesh's cricket legend

Arrest warrant against Bangladesh's cricket legend

Rediff.com19 Jan 2025

The IFIC Bank in October 2024 issued a legal notice over the bounced cheques and subsequently filed the case on December 24 against the cricketer-turned-businessman and three other officials of his company.

'Biggest Worry Should Be Pakistan'

'Biggest Worry Should Be Pakistan'

Rediff.com12 May 2025

'Right now, we have no relationship with Pakistan. And the relationship with China is not great.'

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com31 Mar 2025

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

So far so good for Tuchel as England win two in two

So far so good for Tuchel as England win two in two

Rediff.com25 Mar 2025

Six points was the minimum requirement for England's opening two games and while the opposition were not of the highest quality, Tuchel said they were useful tests.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

Forex reserves drop by $8.48 billion to $644.39 billion

Forex reserves drop by $8.48 billion to $644.39 billion

Rediff.com27 Dec 2024

The country's forex reserves dropped by a further $8.48 billion to $644.39 billion for the week ended December 20, the RBI said on Friday. In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.87 billion.

Congress must be party of hope, not resentment: Tharoor

Congress must be party of hope, not resentment: Tharoor

Rediff.com9 Apr 2025

Senior Congress leader Shashi Tharoor on Wednesday urged the party to be a party of hope, not resentment, a party of the future not just of the past, and a party with a positive narrative and not just criticism. He also slammed the BJP for trying to divide North from South, emphasizing the need for inclusivity and national harmony. Tharoor highlighted the importance of economic growth and equitable distribution of its benefits, calling for the Congress to remain the voice of the voiceless.

Rohit faces DC spin test as MI eye winning ways

Rohit faces DC spin test as MI eye winning ways

Rediff.com12 Apr 2025

An out of sorts Rohit Sharma will strive to keep himself relevant going forward in the Indian Premier League when he is challenged by Delhi Capitals' effective troika of spinners in Mumbai Indians' next match in Delhi on Sunday.

Indian student self-deports after US revokes visa for supporting Hamas

Indian student self-deports after US revokes visa for supporting Hamas

Rediff.com15 Mar 2025

Ranjani Srinivasan, a citizen and national of India, entered the United States on a F-1 student visa as a doctoral student in Urban Planning at Columbia University, the Department of Homeland Security said in a statement on Friday. It added that Srinivasan was "involved in activities supporting" Hamas, a terrorist organisation.

Colombia agrees to take back migrants, Trump pauses tariffs

Colombia agrees to take back migrants, Trump pauses tariffs

Rediff.com27 Jan 2025

US President Donald Trump has imposed tariffs and a travel ban on Colombia after the South American nation refused to accept two American military planes deporting undocumented Colombians. The move comes after President Trump announced mass deportations of illegal immigrants and warned countries of consequences if they refuse to accept them. Colombian President Gustavo Petro, in a post on X, said that the US cannot treat Colombian migrants as criminals and denied the entry of American planes carrying Colombian migrants into Colombian territory. Trump responded by imposing a 25% tariff on all goods coming into the US, a travel ban and immediate visa revocations on Colombian government officials, and visa sanctions on all party members, family members and supporters of the Colombian government. The US also announced enhanced customs and border protection inspections of all Colombian nationals and cargo on national security grounds. In retaliation, Colombia announced a 25% import tariff on American products.

Forex reserves drop $2 bn to $652.87 bn

Forex reserves drop $2 bn to $652.87 bn

Rediff.com20 Dec 2024

India's forex reserves dropped by $1.99 billion to $652.87 billion for the week ended December 13, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.235 billion to $654.857 billion.

Never said we'd change Constitution for Muslim quota: Shivakumar

Never said we'd change Constitution for Muslim quota: Shivakumar

Rediff.com25 Mar 2025

Karnataka Deputy Chief Minister D K Shivakumar denied on Monday making any comments regarding changing the Constitution to accommodate four per cent reservation for Muslims in the state. He claimed he was "misquoted" and warned of moving a breach of privilege motion. Shivakumar's remarks came after the BJP forced repeated adjournments in the Lok Sabha over his alleged comments on the matter. The BJP has accused Shivakumar of seeking to change the Constitution for political gain, highlighting the ongoing controversy surrounding reservation policies in India.

'There is a slowdown in the economy'

'There is a slowdown in the economy'

Rediff.com7 Feb 2025

'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'

EPL PIX: City score late win; Villa crush Newcastle

EPL PIX: City score late win; Villa crush Newcastle

Rediff.com20 Apr 2025

A round-up of Saturday's action in the Premier League.

New Israeli settlements in West Bank illegal: Blinken

New Israeli settlements in West Bank illegal: Blinken

Rediff.com24 Feb 2024

The new Israeli settlements in the West Bank are illegal and inconsistent with international law, United States Secretary of State Antony Blinken has said, reversing a Trump-era policy.

India's forex reserves drop by $3.23 bn to $654.85 bn

India's forex reserves drop by $3.23 bn to $654.85 bn

Rediff.com13 Dec 2024

India's forex reserves dropped by $3.23 billion to $654.86 billion for the week ended December 6, the RBI said on Friday. In the previous reporting week, the reserves had increased by $1.51 billion to $658.09 billion, ending a multi-week decline in the overall kitty.

When Modi's offer 'alarmed' Trump's security detail

When Modi's offer 'alarmed' Trump's security detail

Rediff.com17 Mar 2025

'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

Rediff.com9 Mar 2025

Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.

Ram Navami celebrated across country amid tight security in many states

Ram Navami celebrated across country amid tight security in many states

Rediff.com6 Apr 2025

Temples across Uttar Pradesh were packed with devotees on Sunday for Ram Navami, with Chief Minister Yogi Adityanath leading prayers at the Gorakhnath Temple. Heavy crowds were witnessed at temples in Lucknow, Gorakhpur, and Varanasi, where security was heightened. In Gorakhpur, Adityanath performed the traditional kanya pujan ritual, while in Varanasi, a 51-foot statue of Lord Ram has become a major attraction. The festival was celebrated with enthusiastic fervor across the state.

Leaders, Heed The 11-Year Rule!

Leaders, Heed The 11-Year Rule!

Rediff.com20 Mar 2025

There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.

Elon Musk freaks out over Trump's deal with OpenAI

Elon Musk freaks out over Trump's deal with OpenAI

Rediff.com23 Jan 2025

The rivalry between Tesla CEO Elon Musk and OpenAI CEO Sam Altman has intensified, centering on a groundbreaking artificial intelligence project known as Stargate, reported The Associated Press.