News for 'public sector'

Budget 2026 is cautious and also focussed on the long-term journey

Budget 2026 is cautious and also focussed on the long-term journey

Rediff.com10 Feb 2026

This year's Economic Survey and the Union Budget were more closely followed for more reasons than one.

How India-US Trade Deal Finally Shaped Up

How India-US Trade Deal Finally Shaped Up

Rediff.com12 Feb 2026

The turning point came with the appointment of Sergio Gor as the US ambassador to India.

EPFO may up investment cap for public sector bonds

EPFO may up investment cap for public sector bonds

Rediff.com22 Feb 2010

The retirement fund manager EPFO is likely to hike the cap on investment in bonds of highest rated public sector undertakings, banks and financial institutions on the lines of the insurance sector to earn better returns.

Modi meets AI startups' CEOs, global leaders at AI Summit

Modi meets AI startups' CEOs, global leaders at AI Summit

Rediff.com20 Feb 2026

Prime Minister Narendra Modi convened a roundtable with AI startup CEOs and held bilateral meetings with global leaders at the India AI Impact Summit, focusing on AI's potential across sectors and international cooperation.

Reasons behind the failure of India's public sector banks

Reasons behind the failure of India's public sector banks

Rediff.com12 Mar 2015

Non-Performing Assets are a wake-up call for public sector banks.

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Rediff.com13 Mar 2026

24 Indian-flagged vessels with 677 Indian seafarers were currently located west of the Strait of Hormuz, and four vessels with 101 Indian seafarers were stationed east of the strategic waterway.

10 public sector banks merged into 4 mega banks

10 public sector banks merged into 4 mega banks

Rediff.com30 Aug 2019

In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.

HUL tops sustainability rankings as India Inc deepens ESG focus

HUL tops sustainability rankings as India Inc deepens ESG focus

Rediff.com19 Feb 2026

Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 - 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.

AI summit in Delhi: Modi welcomes global leaders

AI summit in Delhi: Modi welcomes global leaders

Rediff.com16 Feb 2026

Prime Minister Narendra Modi champions India as a leader in the artificial intelligence revolution, emphasising the nation's ambition and responsibility at the India AI Impact Expo 2026.

128 pilots resigned from public sector airlines

128 pilots resigned from public sector airlines

Rediff.com22 Aug 2006

As many as 128 pilots have left Air India, Indian Airlines and Alliance Airways between 2004 and 2006, the Rajya Sabha was informed on Tuesday.

Agricultural shift from subsidies to sustainability may be the way ahead

Agricultural shift from subsidies to sustainability may be the way ahead

Rediff.com26 Feb 2026

India is already a heavyweight in global farm trade in pockets such as rice exports, but experts are urging a pivot from a subsidy- and procurement-driven mindset to a productivity and nutrition strategy that still shields farmers from volatility.

Three Key Priorities For Government!

Three Key Priorities For Government!

Rediff.com2 Feb 2026

While many areas compete for resources, defence, education, and adaptation deserve focus for maximum impact, suggests Laveesh Bhandari.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

Public sector banks roll out red carpet for MBAs

Public sector banks roll out red carpet for MBAs

Rediff.com16 Nov 2009

Typically, those from the IIMs, Xavier Labour Relations Institute and Indian School of Business joined at Scale III, but graduates from other B-schools were recruited in scale II.

The dismal state of India's public sector banks

The dismal state of India's public sector banks

Rediff.com16 Feb 2014

Foreign investors did not lap up the new SBI issue because of deeper worries about public sector banks

How to kill a public sector bank

How to kill a public sector bank

Rediff.com9 Feb 2006

Ahead of Carney visit, Canada says India no longer linked to violent crimes

Ahead of Carney visit, Canada says India no longer linked to violent crimes

Rediff.com26 Feb 2026

The statement suggests that Canadian authorities do not see ongoing foreign interference or violent activity tied to India at present.

Can public sectors banks clean up the rot within?

Can public sectors banks clean up the rot within?

Rediff.com20 Aug 2014

The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.

'Let's Stop Treating AI Like COVID'

'Let's Stop Treating AI Like COVID'

Rediff.com2 Mar 2026

'It is too early to conclude that there will be a bloodbath, that there will be no jobs, and that there will be civil unrest.' 'Let's calm down.' 'AI is a tool, it is not a weapon, it is not a virus.'

Higher provisioning blurs Bajaj Finance outlook

Higher provisioning blurs Bajaj Finance outlook

Rediff.com5 Feb 2026

Brokerages were divided on Bajaj Finance after its 2025-26 (FY26) third-quarter (October-December/ Q3) results, with a few raising targets on valuation comfort, while others flagged concerns over the credit cost trajectory.

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

Rediff.com26 Feb 2026

India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.

HP eyes govt, public sectors for high-end servers

HP eyes govt, public sectors for high-end servers

Rediff.com20 Sep 2006

Hewlett-Packard sees tremendous market opportunity in India for high-end servers, especially in the government and public sectors, and the company on Wednesday launched a new entry-level NonStop server system in this country.

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

Rediff.com20 Feb 2026

The Jammu and Kashmir government announces plans to introduce nine new tourist destinations and reopen sites closed after the Pahalgam terror attack, aiming to revive and expand the region's tourism sector.

Tata Sons Delays Decision on Chandrasekaran's Third Term

Tata Sons Delays Decision on Chandrasekaran's Third Term

Rediff.com24 Feb 2026

The Tata Sons board has deferred a decision on the re-appointment of Natarajan Chandrasekaran as Chairman, signaling potential differences within the group. Concerns were raised about losses in certain group companies and the listing of Tata Sons.

India to divest stake in public sector units

India to divest stake in public sector units

Rediff.com4 Jun 2009

The United Progressive Alliance government conveyed its intentions to tap the stock market for raising resources through sale of PSU shares while retaining 51 per cent stake in the state-owned firms.

Over 200 killed as Israel, US strike Iran; Tehran retaliates across Middle East

Over 200 killed as Israel, US strike Iran; Tehran retaliates across Middle East

Rediff.com28 Feb 2026

Iran launched retaliatory military strikes targeting Israel and American military bases across the region, including in Qatar, the United Arab Emirates, Kuwait, Bahrain and Jordan.

Will 2 Public Sector Banks Be Privatised In 2022?

Will 2 Public Sector Banks Be Privatised In 2022?

Rediff.com17 Jan 2022

The government plans to bring down its stake to 26 per cent in these two banks, which are yet to be identified. This may not come in the way of getting investors for these banks, provided the government is willing to step back rather than run them the way it had been doing for over five decades since these banks were nationalised, points out Tamal Bandyopadhyay.

Bank Frauds Surge To 21,515 Cr In H1FY26

Bank Frauds Surge To 21,515 Cr In H1FY26

Rediff.com30 Dec 2025

This was up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.

FM blasts public sector; calls for raising savings

FM blasts public sector; calls for raising savings

Rediff.com30 Jul 2005

Union Finance minister P Chidambaram on Saturday hit out at the government sector for being a 'net dis-saver' while calling for raising the savings-GDP ratio from the current 27 per cent to increase flow of domestic investment.

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Rediff.com22 Dec 2025

In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs.

Budget 2026 stays committed to long-term growth drivers

Budget 2026 stays committed to long-term growth drivers

Rediff.com11 Feb 2026

Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.

AI startup Sarvam launches two made-in-India large language models

AI startup Sarvam launches two made-in-India large language models

Rediff.com19 Feb 2026

Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

'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.'

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

Govt moots power sector reforms to address discom losses

Govt moots power sector reforms to address discom losses

Rediff.com15 Oct 2025

The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.

Public sector banks may not flock to IIMs

Public sector banks may not flock to IIMs

Rediff.com14 Feb 2012

State Bank of India and IDBI Bank have decided not to go to the IIMs this year.

Up to 4 banks may have to tap buffers in adverse scenarios

Up to 4 banks may have to tap buffers in adverse scenarios

Rediff.com1 Jan 2026

The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.

Govt seeks to infuse Rs 20,000 cr in public sector banks

Govt seeks to infuse Rs 20,000 cr in public sector banks

Rediff.com14 Sep 2020

This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha.