News for 'United Western Bank'

Election 2024: The Big Fights In Kerala

Election 2024: The Big Fights In Kerala

Rediff.com1 Apr 2024

Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

Foreign Policy As A Poll Tool Can Be Harmful

Foreign Policy As A Poll Tool Can Be Harmful

Rediff.com29 May 2024

It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.

BRICS Expansion: Boost For China

BRICS Expansion: Boost For China

Rediff.com28 Aug 2023

This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for Chinese technologies, observes T N Ninan.

Australia FA condemns 'anti-social behaviour' at Cup final

Australia FA condemns 'anti-social behaviour' at Cup final

Rediff.com2 Oct 2022

Pictures on social media also appeared to show Nazi salutes being performed by supporters of Sydney United 58, who were founded as Sydney Croatia in 1958 and were a powerhouse in the National Soccer League that preceded the formation of the A-League in 2004.

Want To Invest in Gold? Read This

Want To Invest in Gold? Read This

Rediff.com28 Oct 2023

'Gold prices thrive on volatility and more so when the stock markets trend downward.'

The Times They Are A-Changin'

The Times They Are A-Changin'

Rediff.com17 Oct 2023

... And what explains the directions of change? asks Ajit Balakrishnan.

Bank loan waiver may not be beneficial

Bank loan waiver may not be beneficial

Rediff.com12 Jun 2008

For many years now, the Congress and its allies have not had any noteworthy representation from the area. The loan-waiver package may not improve things in the next general elections in 2009, Business Standard found out in an extensive tour of the area. Most farmers said they did not find it worthwhile to go to a bank for loan because the process was too cumbersome.

Homebuyers caught between banks and builders

Homebuyers caught between banks and builders

Rediff.com16 Sep 2017

N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.

India to head BRICS' $100 billion development bank

India to head BRICS' $100 billion development bank

Rediff.com16 Jul 2014

The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.

BRICS to admit 6 new countries from Jan 1, 2024

BRICS to admit 6 new countries from Jan 1, 2024

Rediff.com24 Aug 2023

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.

'Who knows, the war would have taken a different turn, maybe!'

'Who knows, the war would have taken a different turn, maybe!'

Rediff.com15 Jul 2022

'The simultaneous fire from so many guns rained down on the enemy and pulverised them, a sight I can never forget till my last breath.'

Asian Infra Investment Bank: An opportunity for India

Asian Infra Investment Bank: An opportunity for India

Rediff.com1 Apr 2015

China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.

Will govt restart rupee-rouble trade?

Will govt restart rupee-rouble trade?

Rediff.com10 Mar 2022

The government may soon give the green light to bilateral trade between Russia and India in their national currencies to avoid any trade disruptions, multiple people aware of the matter said. While the Department of Commerce has recommended the proposal, an announcement is likely to be made by the finance ministry after further deliberations between the Department of Economic Affairs and Department of Financial Services. "The finance ministry will take a call on how to peg the two currencies," a senior government official told Business Standard. In the past, the two nations have had rupee-rouble trade, and when such an arrangement is implemented again, it will bypass the sanctions imposed on Russia by the West.

Can Israel's Army Win The War?

Can Israel's Army Win The War?

Rediff.com8 Nov 2023

If military power is all it would take to finish the menace of an awful terrorist organisation like Hamas, how come five Israeli wars in Gaza since 2003 have failed to do so? asks Shekhar Gupta.

BRICS bank: A giant step towards reforming the world system

BRICS bank: A giant step towards reforming the world system

Rediff.com18 Jul 2014

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.

Israel escalates Gaza attacks as conflict enters Day 4; targets Hezbollah

Israel escalates Gaza attacks as conflict enters Day 4; targets Hezbollah

Rediff.com11 Oct 2023

As per the Israeli Air Force, the fighter jets attacked a number of terrorist targets of the terrorist organization Hamas throughout the Gaza Strip. Among other things, the planes attacked a military compound and a weapons warehouse.

Ruble becomes best-performing currency in March

Ruble becomes best-performing currency in March

Rediff.com31 Mar 2022

The ruble has recouped most of its losses and become the top-performing currency globally. It continues to gain and is up 60 per cent against the US dollar from its lows in the first week of March. The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.

There is only one victim in this case, and it is Israel

There is only one victim in this case, and it is Israel

Rediff.com23 Oct 2023

There is only one perpetrator, Hamas. It is a terrorist organisation. It is obscene to argue that until the Palestinian question is solved, anybody has the right to use terrorism as an instrument of policy, argues Shekhar Gupta.

Bank staff unions on relay strike from Dec 2

Bank staff unions on relay strike from Dec 2

Rediff.com1 Dec 2014

Banking services are likely to be affected for the next four days as employees of PSU banks plan to go on a zone-wise relay strike beginning with Southern region from Tuesday, after wage revision talks failed.

Why EV makers are flocking to Tamil Nadu

Why EV makers are flocking to Tamil Nadu

Rediff.com5 Apr 2023

At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.

'Hard to see how Hamas can be defeated'

'Hard to see how Hamas can be defeated'

Rediff.com26 Oct 2023

'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'

Russia withdraws troops from annexed Ukrainian city

Russia withdraws troops from annexed Ukrainian city

Rediff.com1 Oct 2022

On Friday, Putin formally announced the annexation of four regions -- Donetsk, Luhansk, Kherson and Zaporizhia -- and claimed that "this is the will of millions of people".

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

Who Can Dethrone The US Dollar?

Who Can Dethrone The US Dollar?

Rediff.com24 Jul 2023

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.

Funding the unfunded: Mudra Bank to help small firms to grow

Funding the unfunded: Mudra Bank to help small firms to grow

Rediff.com5 Mar 2015

Industry experts estimate that demand for loans from the sector outstrips supply by more than $80 billion.

Office mkt remains appealing for long-term investors seeking stable returns

Office mkt remains appealing for long-term investors seeking stable returns

Rediff.com13 Apr 2023

The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.

Xi's China Dream Gets India Pushback

Xi's China Dream Gets India Pushback

Rediff.com15 Sep 2023

As India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.

'India must have its place in the sun'

'India must have its place in the sun'

Rediff.com18 Sep 2023

'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'

India's deep discounts on Russian crude will stay

India's deep discounts on Russian crude will stay

Rediff.com6 Dec 2022

Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.

India exported goods worth $280 mn to Russia in Oct, up 3.7%

India exported goods worth $280 mn to Russia in Oct, up 3.7%

Rediff.com20 Dec 2022

As sanctions-hit Russia increasingly relies on consumer products from India, outbound shipments to Russia have started picking up for the second consecutive month in October. This comes after it witnessed contraction for six consecutive months starting March, commerce and industry ministry data showed. During October, India exported goods worth $280 million, up 3.7 per cent as compared to a year ago. It was led by demand for items such as vegetables, tea, coffee, chemicals as well as iron and steel products.

For Taliban, US is Important

For Taliban, US is Important

Rediff.com9 Oct 2021

The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.

Banks: 'No need to press panic button'

Banks: 'No need to press panic button'

Rediff.com25 Apr 2016

'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going through such a crisis.' 'When the economy revives, those companies that are in the infrastructure fields will also get revived.' 'After all, a lot of money has gone into creating assets like power projects and roads, so you can't say money has been wasted.'

G20 Summit: Dream Come True For India

G20 Summit: Dream Come True For India

Rediff.com11 Sep 2023

India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.

UCO Bank looks to life after Iran sanctions windfall

UCO Bank looks to life after Iran sanctions windfall

Rediff.com5 Dec 2013

An obscure Indian bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having to prepare itself for life after the windfall.

'Hundreds of Palestinians will be killed'

'Hundreds of Palestinians will be killed'

Rediff.com9 Oct 2023

'Israel has received an extremely hard and rude reminder that it cannot go ahead and talk of normalisation of relations with other Arab countries without addressing the issues pertaining to Palestine.'

Defying US, European allies say they'll join China-led bank

Defying US, European allies say they'll join China-led bank

Rediff.com17 Mar 2015

The venture is seen as a rival to the World Bank.

BJP names ex-IPS officer Annamalai as TN chief

BJP names ex-IPS officer Annamalai as TN chief

Rediff.com8 Jul 2021

At 37, Annamalai Kuppusamy, is the youngest president Tamil Nadu BJP ever had and he is the first to rise to the position in the state unit within a year of joining the party.