News for 'psu'

Stock markets recover on buying in IT, PSU bank stocks

Stock markets recover on buying in IT, PSU bank stocks

Rediff.com20 Mar 2026

Indian equity markets experienced a volatile session, with the Sensex and Nifty recovering some ground after a significant plunge the previous day. Gains were driven by PSU bank, IT, and metal stocks, but concerns over rising fuel prices and geopolitical tensions limited the recovery.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com7 days ago

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Rediff.com12 hours ago

Civil Aviation Minister K Rammohan Naidu announced that public sector oil marketing companies will implement a partial and staggered increase in jet fuel prices for domestic airlines, aiming to protect passengers from steep fare hikes.

Kerala Footballer Nabbed for Allegedly Using Dating App to Supply MDMA

Kerala Footballer Nabbed for Allegedly Using Dating App to Supply MDMA

Rediff.com6 days ago

A former Kerala Santosh Trophy footballer has been arrested for allegedly supplying MDMA using a dating app. Excise officials apprehended Najeeb Khan, a former player and employee of Travancore Titanium Products Limited, after a raid in Thiruvananthapuram.

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com9 hours ago

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Airfares May Rise as Jet Fuel Price Surge

Airfares May Rise as Jet Fuel Price Surge

Rediff.com15 hours ago

Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com7 days ago

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

Rediff.com23 Mar 2026

Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.

Active banking funds fail to capitalise on PSU rally: Value Research data

Active banking funds fail to capitalise on PSU rally: Value Research data

Rediff.com29 Nov 2025

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.

Phew! India Secures Month-Long LPG Supply

Phew! India Secures Month-Long LPG Supply

Rediff.com5 days ago

Around one full month of supply is firmly arranged with additional procurement being continuously finalised, and oil companies are successfully delivering over 5 million cylinders every day.

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Rediff.com4 Mar 2026

Indian equity investors experienced a significant loss of 16.32 lakh crore due to a two-day stock market decline fueled by escalating geopolitical tensions involving the US, Israel, and Iran.

Sensex gains 480 points as investors cheer US SC tariff verdict

Sensex gains 480 points as investors cheer US SC tariff verdict

Rediff.com23 Feb 2026

Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.

BJP Claims Mamata Banerjee's Allegations Show Election Desperation

BJP Claims Mamata Banerjee's Allegations Show Election Desperation

Rediff.com20 Mar 2026

West Bengal BJP chief Samik Bhattacharya refutes Chief Minister Mamata Banerjee's claims of the BJP bringing in outsiders to cause trouble, accusing her of desperation ahead of the assembly elections and highlighting alleged failures of the TMC government.

Court Drops Corruption Charges in Guruashish Construction Cheating Case After CBI Report

Court Drops Corruption Charges in Guruashish Construction Cheating Case After CBI Report

Rediff.com12 Mar 2026

A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.

IndiGo stock may face more downgrades due to Middle East crisis

IndiGo stock may face more downgrades due to Middle East crisis

Rediff.com12 Mar 2026

IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).

Sensex reclaims 84K-mark; Nifty ends up 174 points

Sensex reclaims 84K-mark; Nifty ends up 174 points

Rediff.com9 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks.

Western Coalfields Finds Rare Earth Elements in Maharashtra Mines

Western Coalfields Finds Rare Earth Elements in Maharashtra Mines

Rediff.com27 Feb 2026

Western Coalfields Limited (WCL) has discovered significant concentrations of rare earth elements and critical minerals in its mines in Maharashtra, potentially transforming waste material into revenue-generating resources and diversifying the company's business.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

Sensex, Nifty close almost unchanged in choppy trade

Sensex, Nifty close almost unchanged in choppy trade

Rediff.com11 Feb 2026

Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.

'Buying Opportunity, Not A Regret Opportunity'

'Buying Opportunity, Not A Regret Opportunity'

Rediff.com2 Feb 2026

'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'

Zero-Coupon Bonds: All You Want To Know

Zero-Coupon Bonds: All You Want To Know

Rediff.com12 Feb 2026

Zero-coupon bonds suit investors with long-term goals such as retirement or education planning.

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

Rediff.com5 Feb 2026

The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

Rediff.com5 Feb 2026

The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Rediff.com1 Feb 2026

The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

Rediff.com8 Dec 2025

Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.

Structural gains, valuation support positive for PSU bank stocks

Structural gains, valuation support positive for PSU bank stocks

Rediff.com7 Oct 2025

Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

Which PSU Stocks Should You Invest In?

Which PSU Stocks Should You Invest In?

Rediff.com17 May 2025

'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'

Loan growth, profitability seen improving for public sector banks

Loan growth, profitability seen improving for public sector banks

Rediff.com10 Dec 2025

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.

Smallcap Index Faces Worst Year Since 2018

Smallcap Index Faces Worst Year Since 2018

Rediff.com31 Dec 2025

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.

Insurance staff oppose pvt sector entry in top PSU posts

Insurance staff oppose pvt sector entry in top PSU posts

Rediff.com14 Oct 2025

The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".

Pent-up demand boosted retail health insurance segment in October

Pent-up demand boosted retail health insurance segment in October

Rediff.com19 Nov 2025

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.

Bindra report exposes flaws in India's sports administration

Bindra report exposes flaws in India's sports administration

Rediff.com30 Dec 2025

'Neither SAI nor state departments have a dedicated sports administration service. Instead, roles are filled by generalist civil servants or contractual staff, often lacking sector-specific expertise.'

Sensex sheds 436 pts on profit booking in bank, oil shares

Sensex sheds 436 pts on profit booking in bank, oil shares

Rediff.com9 Dec 2025

Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Rediff.com8 Dec 2025

Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). State-owned public cebPower Finance Corporation (PFC) and Small Industries Development Bank of India (Sidbi) are planning to raise up to Rs 11,500 crore through bonds on Tuesday as issuers expect borrowing costs to ease.

Employees Shrink At PSU Banks

Employees Shrink At PSU Banks

Rediff.com6 Aug 2025

8 out of 12 public sector banks have seen cuts in the number of employees between 2021 and 2025.

IndiGo Crisis: What Was Its Board Doing?

IndiGo Crisis: What Was Its Board Doing?

Rediff.com13 Dec 2025

Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.