News for 'public sector'

'Gaddars': Punjab CM Mann slams AAP MPs joining BJP

'Gaddars': Punjab CM Mann slams AAP MPs joining BJP

Rediff.com25 Apr 2026

Punjab Chief Minister Bhagwant Mann has strongly criticised Aam Aadmi Party members who defected to the BJP, labelling them as 'traitors' and accusing the BJP of attempting to destabilise the AAP government in Punjab.

Mark Mobius: The Champion of Emerging Markets

Mark Mobius: The Champion of Emerging Markets

Rediff.com17 Apr 2026

'Mobius made EMs investable and India his most enduring belief.'

India grapples with LPG supply crunch, but panic buying eases

India grapples with LPG supply crunch, but panic buying eases

Rediff.com20 Mar 2026

India continues to face LPG supply challenges for the third consecutive week due to disruptions caused by the West Asia conflict, though panic buying is showing signs of easing. The government is prioritising domestic household supplies and encouraging alternative fuel sources.

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Rediff.com28 Mar 2026

A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Rediff.com26 Mar 2026

'Our government is committed to addressing it firmly while protecting the rights of genuine citizens.'

Modi Vows to Transform Bengal with Six Guarantees

Modi Vows to Transform Bengal with Six Guarantees

Rediff.com9 Apr 2026

Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, criticising the TMC government and promising development and accountability.

Heatwave sweeps North India, UP on alert; relief in J-K, Himachal

Heatwave sweeps North India, UP on alert; relief in J-K, Himachal

Rediff.com19 Apr 2026

Many places across northern states including Delhi recorded above-normal temperatures crossing 40 degrees Celsius, while the India Meteorological Department warned of heatwave conditions in parts of Uttar Pradesh in the coming days. Jammu and Kashmir saw a dip in temperatures with fresh snowfall in the higher reaches and rainfall in the plains.

Judicial Independence Must Include Freedom From Algorithmic Influence: Justice

Judicial Independence Must Include Freedom From Algorithmic Influence: Justice

Rediff.com18 Apr 2026

Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era includes freedom from algorithmic influence, emphasising that AI should only assist judges, who must ultimately decide based on constitutional values and human judgment.

India's Government Embraces AI for Efficiency and Transparency

India's Government Embraces AI for Efficiency and Transparency

Rediff.com6 Apr 2026

The Department of Personnel and Training (DoPT) in India is actively integrating artificial intelligence (AI) into government processes to enhance efficiency, transparency, and accuracy. Initiatives include AI-enabled solutions for salary processing, grievance handling, and training content development, with a focus on data security and ethical use.

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

Digital Economy to Contribute 20% to India's GDP by 2030

Digital Economy to Contribute 20% to India's GDP by 2030

Rediff.com17 Mar 2026

India's digital economy is projected to constitute nearly 20 per cent of the nation's GDP by 2030, fuelled by a growth rate twice as fast as the overall economy, according to a senior government official.

Distress address, outright lies: Oppn tears into Modi's address

Distress address, outright lies: Oppn tears into Modi's address

Rediff.com19 Apr 2026

Opposition leaders have criticised Prime Minister Narendra Modi's address to the nation, calling it politically motivated and a misuse of official platforms during ongoing elections.

Delhi's Drone Policy Aims for Safe Operations and Ecosystem Growth

Delhi's Drone Policy Aims for Safe Operations and Ecosystem Growth

Rediff.com4 Apr 2026

The Delhi government is developing a drone policy focused on creating research clusters, establishing testing facilities, enabling drone use in traffic management, and providing subsidies to support the drone ecosystem.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

Banerjee Retorts to Modi's Claims on Bengal's Fish Production

Banerjee Retorts to Modi's Claims on Bengal's Fish Production

Rediff.com9 Apr 2026

West Bengal Chief Minister Mamata Banerjee has refuted Prime Minister Narendra Modi's claims regarding the state's fish production, accusing him of misrepresenting facts and alleging restrictions on non-vegetarian food consumption in BJP-ruled states.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Rediff.com10 Apr 2026

Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Rediff.com15 Apr 2026

Union Home Minister Amit Shah pledged the BJP will recover funds allegedly stolen by the TMC in Bengal and promised development schemes for North Bengal, while attacking Mamata Banerjee's governance.

Urban youth shun public sector banks

Urban youth shun public sector banks

Rediff.com31 Jan 2005

Rahul Gandhi Accuses BJP and TMC of Failing West Bengal

Rahul Gandhi Accuses BJP and TMC of Failing West Bengal

Rediff.com14 Apr 2026

Congress leader Rahul Gandhi criticised the BJP and RSS for undermining the Constitution and accused the TMC of failing to provide jobs in West Bengal during recent rallies.

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Rediff.com7 Apr 2026

Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.

How To Download GATE 2026 Admit Card

How To Download GATE 2026 Admit Card

Rediff.com14 Jan 2026

Registered and eligible candidates can download their GATE 2026 from the official website gate2026.iitg.ac.in, using their valid login credentials.

How Research and Applied Sciences Can Drive India's Sustainability Goals

How Research and Applied Sciences Can Drive India's Sustainability Goals

Rediff.com6 Apr 2026

CSIR Director General N Kalaiselvi emphasised the importance of research and applied sciences in developing sustainable solutions for India's energy security and environmental challenges at an international conference on Sustainability Through Fundamental and Applied Sciences (STFAS), 2026.

'No shortage of LPG': Kamal Nath breaks away from party line?

'No shortage of LPG': Kamal Nath breaks away from party line?

Rediff.com3 Apr 2026

Nath's comments came amid the Congress party's continuous attack on Centre for the recent hike in commercial LPG cylinders and the Aviation Turbine Fuel (ATF).

Saini Boosts Haryana's Jind with 253 Crore Development Projects

Saini Boosts Haryana's Jind with 253 Crore Development Projects

Rediff.com5 Apr 2026

Haryana Chief Minister Nayab Singh Saini has launched development projects worth 253 crore in Jind district, focusing on irrigation, infrastructure, health, and water supply.

LIC drove 18% rise in life insurers' NBP in Feb

LIC drove 18% rise in life insurers' NBP in Feb

Rediff.com10 Mar 2026

New business premium of life insurance companies grew 18 per cent year-on-year (Y-o-Y) to Rs 35,417 crore in February, driven by robust growth at the state-owned Life Insurance Corporation of India (LIC) due to a favourable base.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

New GDP series to improve informal sector estimates

New GDP series to improve informal sector estimates

Rediff.com1 Jan 2026

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Improving metrics keep Street positive on stocks of public-sector banks

Improving metrics keep Street positive on stocks of public-sector banks

Rediff.com30 Mar 2024

Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Given the growth and profitability expectations of an 18 per cent return on equity (RoE) over FY24-26, there is still a case for buying at the current levels. While the net interest margins or NIMs may remain range-bound or have a downward bias, there's optimism about possibly better opex ratios and lower non-performing assets (NPAs), plus scope for further credit cost reduction, and healthy treasury performances as interest rates trend down.

Government favours consolidation of public sector banks

Government favours consolidation of public sector banks

Rediff.com29 Feb 2016

The government is open to providing more capital than that announced in the Budget.

Coming soon! The end of public sector banks

Coming soon! The end of public sector banks

Rediff.com23 Jan 2020

'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

PM Modi to Assess Energy Security Amid Middle East Unrest

PM Modi to Assess Energy Security Amid Middle East Unrest

Rediff.com22 Mar 2026

Prime Minister Narendra Modi will chair a meeting with senior ministers to review the petroleum, power, and fertiliser sectors in light of the evolving situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.

'Public Sector Banks Don't Like To Loan To MSMEs'

'Public Sector Banks Don't Like To Loan To MSMEs'

Rediff.com21 Jul 2022

'The approach today is, instead of giving loans to 100 MSMEs, let us give one loan to a big-ticket corporate.' 'And so many of these big fish deceived the banks and the banks are in the doldrums now with high NPAs.'

Noida International Airport Gears Up for Grand Opening

Noida International Airport Gears Up for Grand Opening

Rediff.com26 Mar 2026

Noida International Airport is set for its grand opening as roads are fixed and infrastructure preparations near completion. Here's what's ready and what to expect from the launch.

Banerjee Hits Back at Modi's Claims on Bengal's Fish Production

Banerjee Hits Back at Modi's Claims on Bengal's Fish Production

Rediff.com9 Apr 2026

West Bengal Chief Minister Mamata Banerjee has refuted Prime Minister Narendra Modi's claims about the state's fish production, accusing him of misrepresenting facts and alleging restrictions on non-vegetarian food consumption in BJP-ruled states.

Govt steps up fuel security measures; warns against panic buying

Govt steps up fuel security measures; warns against panic buying

Rediff.com29 Mar 2026

The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.

Insurance sector premium growth crossed 20% in Nov

Insurance sector premium growth crossed 20% in Nov

Rediff.com9 Dec 2025

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.