News for 'public sector'

Public sector banks rule out rate cut

Public sector banks rule out rate cut

Rediff.com2 Oct 2012

SBI too rules out cut in base rate in short term, to launch concessional schemes.

How AI Is Changing The Gulf War

How AI Is Changing The Gulf War

Rediff.com24 Mar 2026

AI reduces the time taken to find a target and launch a strike. This has led to a major increase in the pace of the conflict, with one report mentioning nearly 900 strikes launched on Iranian targets in the first 12 hours of an operation.

Are public-sector 'wives' BETTER placed?

Are public-sector 'wives' BETTER placed?

Rediff.com19 Nov 2012

There is a general perception that public sector banks treat their wives better as compared to their private sector counterparts.

Gurugram Police Uncover Fake Diabetes Drug Racket

Gurugram Police Uncover Fake Diabetes Drug Racket

Rediff.com20 Apr 2026

Authorities in Gurugram have uncovered a racket involving the manufacturing and sale of counterfeit Mounjaro (tirzepatide) injections, used for treating type 2 diabetes and aiding weight loss, leading to the arrest of two individuals and a nationwide alert.

Gangster Kaushal Chaudhary's Aides Face Charges Over Illegal Dairy

Gangster Kaushal Chaudhary's Aides Face Charges Over Illegal Dairy

Rediff.com9 Apr 2026

Two associates of jailed gangster Kaushal Chaudhary have been booked for allegedly operating an illegal cattle dairy on public land in Gurugram, Haryana. The charges include extortion and illegal encroachment.

Which is India's first public sector enterprise?

Which is India's first public sector enterprise?

Rediff.com11 Feb 2004

Take the Rediff Biz Quiz and find out how much you know about India and its public sector companies.

The Top 5 Engineering Careers In India

The Top 5 Engineering Careers In India

Rediff.com21 Apr 2026

Nayagam PP, career counsellor and founder of EduJobs360, explains how traditional engineering choices are being replaced with flexible, future-ready career paths that align with industry requirements.

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Rediff.com1 May 2026

Haryana Chief Minister Nayab Singh Saini criticises the AAP-led Punjab government for political instability and lack of industrial development, while promoting Haryana's investor-friendly policies and industrial growth initiatives.

Public sector banks to go on strike this Saturday

Public sector banks to go on strike this Saturday

Rediff.com17 Nov 2022

Operations of public sector banks (PSBs) may be impacted as bank union AIBEA has given a strike call for Saturday to oppose incessant outsourcing of jobs. Although the officers are not part of the strike, there may be some impact on cash deposit and withdrawal, clearing of cheques etc. Several banks, including Bank of Baroda and Punjab & Sind Bank, have already informed their customers about the potential impact on services if November 19 strike materalises.

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Rediff.com17 Apr 2026

Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

How Hyderabad Police Is Tackling Cyber Fraud

How Hyderabad Police Is Tackling Cyber Fraud

Rediff.com23 Apr 2026

Hyderabad Police Commissioner V C Sajjanar convened a meeting with bankers to address the misuse of bank accounts in cyber frauds and implement preventative measures, following 'Operation Octopus' which dismantled cyber fraud networks and led to arrests of complicit bank officials.

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem, drawing lessons from recent global conflicts and highlighting the importance of self-reliance in drone technology.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Modi Vows to End 'Fear' and Corruption in West Bengal

Modi Vows to End 'Fear' and Corruption in West Bengal

Rediff.com9 Apr 2026

Prime Minister Narendra Modi criticised the Mamata Banerjee government in West Bengal, promising development, accountability, and an end to corruption if the BJP wins the upcoming assembly elections.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Rediff.com31 Mar 2026

Jammu and Kashmir Chief Minister Omar Abdullah has affirmed his government's commitment to a transparent recruitment process, aiming to fill 25,000 vacancies this year while avoiding legal complications.

Cabinet nod to public sector's MF investment

Cabinet nod to public sector's MF investment

Rediff.com27 Jul 2007

At present, 60 per cent of the mutual fund industry's corpus comes from fixed income schemes, which invest in stable return giving instruments such as government securities and bonds.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

Public sector banks on recruitment overdrive

Public sector banks on recruitment overdrive

Rediff.com15 Jul 2009

Balachandran M, Director of the Institute of Banking Personnel Selection, has little time to catch his breath. He and his team have been supervising recruitment of nearly 100 public sector bank employees every day.

Haryana Orders Vigilance Probe Into Vehicle Registration Irregularities

Haryana Orders Vigilance Probe Into Vehicle Registration Irregularities

Rediff.com22 Apr 2026

Haryana Transport Minister Anil Vij has ordered a state-wide investigation into alleged irregularities in vehicle registrations across multiple Sub-Divisional offices and Regional Transport Offices. The probe, led by the State Vigilance and Anti-Corruption Bureau, follows reports of fraudulent registrations in Ambala. Vij has also addressed issues such as uncovered construction vehicles and violations of the Stage Carriage Scheme.

ICC chairman Jay Shah recognised as Young Global Leader by World Economic Forum

ICC chairman Jay Shah recognised as Young Global Leader by World Economic Forum

Rediff.com16 Apr 2026

ICC Chairman Jay Shah has been named to the World Economic Forum's Young Global Leaders Class of 2026, recognising his influence in shaping the future of global cricket and his role in the sport's inclusion in the 2028 Los Angeles Olympics.

Rahul Gandhi Accuses Modi, Mamata Of Failing The Poor

Rahul Gandhi Accuses Modi, Mamata Of Failing The Poor

Rediff.com25 Apr 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee, accusing them of prioritising the wealthy over the poor and failing to create job opportunities.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

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.

Pawan Hans helicopter with 7 onboard crashes into Andaman sea

Pawan Hans helicopter with 7 onboard crashes into Andaman sea

Rediff.com24 Feb 2026

A Pawan Hans helicopter with seven people on board crashed into the sea near Mayabunder in the Andaman and Nicobar Islands. All passengers and crew members were rescued and admitted to a hospital. A technical snag is suspected to be the cause of the crash.

Delhi Sub-Inspector Booked for Assaulting Elderly Shopkeeper Over Parking Dispute

Delhi Sub-Inspector Booked for Assaulting Elderly Shopkeeper Over Parking Dispute

Rediff.com5 Apr 2026

A woman sub-inspector with the Delhi Police has been booked after allegedly slapping a 78-year-old shopkeeper for objecting to her parking in front of his shop in Rohini Sector 7.

Why Noida's Industrial Hub Erupted In Protest

Why Noida's Industrial Hub Erupted In Protest

Rediff.com14 Apr 2026

'Workers are being pushed into 12- to 14-hour shifts under poor conditions. These largely leaderless protests are likely to continue.'

Jaitley pledges support to public sector banks

Jaitley pledges support to public sector banks

Rediff.com2 Mar 2016

Finance Minister Arun Jaitley said that at a time when the private sector has been somewhat conservative in investments, public investment always takes the lead.

The pathetic state of India's public sector enterprises

The pathetic state of India's public sector enterprises

Rediff.com12 Jan 2015

PSUs may not be financially sound enough to plug deficit or revive investment.

Pahalgam Memorial Honours Terror Attack Victims

Pahalgam Memorial Honours Terror Attack Victims

Rediff.com21 Apr 2026

A memorial has been erected in Pahalgam to honour the victims of a terror attack last year. Security has been increased across Kashmir ahead of the anniversary.

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Rediff.com3 Apr 2026

Aranmula, Kerala, prepares for Assembly elections with a focus on development, health sector performance, and religious sentiments, as incumbent Health Minister Veena George faces challenges from Congress and BJP candidates.

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.

Powerica IPO Sees Slow Start, Subscribed 1% on Opening Day

Powerica IPO Sees Slow Start, Subscribed 1% on Opening Day

Rediff.com24 Mar 2026

The Powerica Limited IPO opened on March 24, 2026, with muted Day 1 subscription. Check latest GMP, price band, lot size, issue details, and investor response.

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Rediff.com8 Apr 2026

The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.

Enforcement Directorate Investigates Realty Firm's Ties to West Bengal Politicians

Enforcement Directorate Investigates Realty Firm's Ties to West Bengal Politicians

Rediff.com9 Apr 2026

The Enforcement Directorate is investigating a Kolkata-based realty company, Merlin Group, for alleged financial links to West Bengal politicians and officials as part of a money laundering probe, seizing digital devices and documents during raids.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.

How India can reform its public sector banks

How India can reform its public sector banks

Rediff.com11 Dec 2013

They face two key challenges - manpower and capital. Sadly, these are not on the agenda for reform

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.

Why Judicial Independence Must Evolve In The Age Of AI

Why Judicial Independence Must Evolve In The Age Of AI

Rediff.com18 Apr 2026

Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era is not just freedom from external power, but also from algorithmic influence, while speaking at a conference in Bengaluru.