News for 'public sector'

Budget 2026 boosts healthcare spend, drugs relief

Budget 2026 boosts healthcare spend, drugs relief

Rediff.com1 Feb 2026

The government on Sunday gave a strong push to upgradation and expansion of healthcare infrastructure, medical education and pharma sector with the Union Budget 2026-27 announcing a slew of steps, including those aimed at making India a global hub for allied healthcare professionals and biopharma manufacturing.

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.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

 Public sector banks may need more core capital

Public sector banks may need more core capital

Rediff.com2 Apr 2010

A number of public sector banks will have to stock up on core capital, if the Reserve Bank of India decides to ask banks to leave out hybrid instruments while computing Tier-I capital adequacy, as indicated by RBI last week.

NPAs in agriculture sector stay high amid loan-saturation concerns

NPAs in agriculture sector stay high amid loan-saturation concerns

Rediff.com4 Aug 2025

Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'

Rajan opposes using RBI funds to recapitalise public sector banks

Rajan opposes using RBI funds to recapitalise public sector banks

Rediff.com22 Jun 2016

Rajan said RBI should pay as much dividend as possible to the government, which over the past two years has run into billions of dollars

Aadhaar is key to public sector reforms: Nilekani

Aadhaar is key to public sector reforms: Nilekani

Rediff.com15 Oct 2013

One out of every two Indians would have Aadhaar number by the middle of 2014, UIDAI Chairman Nandan Nilekani has said as he underlined the unique attributes of the identification system that will lead to public sector reform and governance transformation.

Budget 2026's tax proposals weave a strategic vision

Budget 2026's tax proposals weave a strategic vision

Rediff.com4 Feb 2026

The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.

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.

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.

Noida techie death: Builder sent to custody, SIT grills officials

Noida techie death: Builder sent to custody, SIT grills officials

Rediff.com21 Jan 2026

A builder arrested in connection with the death of a software engineer in Greater Noida has been sent to judicial custody. An SIT is investigating the incident, questioning Noida Authority officials regarding alleged negligence.

ONGC takes over Andhra gas well blaze, finalises control plan

ONGC takes over Andhra gas well blaze, finalises control plan

Rediff.com6 Jan 2026

The ONGC expert teams are arriving from Mumbai and Delhi to douse the gas well blaze in Mori in Dr B R Ambedkar Konaseema district of Andhra Pradesh, an official said on Tuesday.

Noida techie death: 2 more builders arrested for drowning incident

Noida techie death: 2 more builders arrested for drowning incident

Rediff.com22 Jan 2026

Noida police have arrested two more builders in connection with the death of a software engineer who drowned after his car plunged into a waterlogged trench near a construction site. The arrests follow public outrage and allegations of negligence.

Bad loans: All is not lost for India's public sector banks

Bad loans: All is not lost for India's public sector banks

Rediff.com9 Aug 2018

Factors like dedicated recovery teams, centralised follow-up on bad loan accounts and resolutions via NCLT are driving the trend

'Bureaucrats Resist Meeting Public...'

'Bureaucrats Resist Meeting Public...'

Rediff.com25 Aug 2025

'...as then it brings them closer to the complaints and grievances that the public faces.'

Gas leak at Andhra ONGC well triggers fire, 3 villages evacuated

Gas leak at Andhra ONGC well triggers fire, 3 villages evacuated

Rediff.com6 Jan 2026

Following the gas leak and the subsequent fire, senior officials of the Oil and Natural Gas Corporation (ONGC) from Rajahmundry rushed to Mori village, where the blaze broke out at Well Mori-5, the official said.

Tariffs cut, $30tn market: India, US unveil interim trade pact

Tariffs cut, $30tn market: India, US unveil interim trade pact

Rediff.com8 Feb 2026

The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.

Heading home after a year, Bihar labourer falls to death in Delhi manhole

Heading home after a year, Bihar labourer falls to death in Delhi manhole

Rediff.com11 Feb 2026

His death leaves behind an elderly mother, his wife and three children all under the age of five.

No word from India on stopping oil imports: Russia

No word from India on stopping oil imports: Russia

Rediff.com3 Feb 2026

The Kremlin states it has not received confirmation from India regarding a halt to Russian oil purchases, following claims made by former US President Donald Trump. Russia affirms its commitment to strengthening relations with India.

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Rediff.com31 Jan 2026

Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.

What If Sardar Patel Had Not Passed Away In 1950...

What If Sardar Patel Had Not Passed Away In 1950...

Rediff.com15 Dec 2025

If Patel had lived a few years more, he may or may not have become prime minister. But for sure, his presence would have kept Nehru in check, points out Harishchandra.

Noida techie death: Accident site draws curious crowds

Noida techie death: Accident site draws curious crowds

Rediff.com24 Jan 2026

The site where a 27-year-old techie drowned in Noida has become a focal point of public concern, with residents questioning the role of civic authorities and demanding accountability for the tragedy.

Need of the hour: Reform in public sector banks will ensure growth

Need of the hour: Reform in public sector banks will ensure growth

Rediff.com13 Mar 2014

Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Smallcap To Watch Out For In 2026

Smallcap To Watch Out For In 2026

Rediff.com4 Feb 2026

After two years of strong gains, smallcap stocks fell sharply in 2025, but the correction may be setting up opportunities for long-term investors.

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Rediff.com8 Jul 2025

More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".

Can India Reset Ties With Bangladesh?

Can India Reset Ties With Bangladesh?

Rediff.com24 Feb 2026

Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.

Public sector banks' top brass set for rejig

Public sector banks' top brass set for rejig

Rediff.com10 Jan 2007

A major reshuffle in the top brass of nationalised banks is on the cards, with the finance ministry's banking division scheduled to hold interviews for the posts of five chairpersons on January 24.

Noida techie death: Real estate firm director arrested

Noida techie death: Real estate firm director arrested

Rediff.com20 Jan 2026

Police on Tuesday arrested the director of a real estate group in connection with the death of a 27-year-old software engineer, whose car had plunged into a water-filled pit at a construction site in Noida's Sector 150, officials said.

Bharti Leads CY25 Market-Cap Surge

Bharti Leads CY25 Market-Cap Surge

Rediff.com10 Jan 2026

All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

Pawar's death irreparable loss, says President; Empowered poor, downtrodden, says Modi

Pawar's death irreparable loss, says President; Empowered poor, downtrodden, says Modi

Rediff.com28 Jan 2026

Prime Minister Narendra Modi expressed grief over the untimely death of Maharashtra Deputy Chief Minister Ajit Pawar in a plane crash, praising his grassroots connection and dedication to serving the people.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

Capital crunch for smaller public sector banks to worsen

Capital crunch for smaller public sector banks to worsen

Rediff.com12 Mar 2014

Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.

President Murmu invokes leaders from Nehru to Vajpayee to urge MPs' unity

President Murmu invokes leaders from Nehru to Vajpayee to urge MPs' unity

Rediff.com28 Jan 2026

President Droupadi Murmu addressed Parliament, urging unity on national issues like 'Viksit Bharat', swadeshi, and national security. She highlighted government initiatives and the nation's progress.

FCI sops to hit public sector banks: Crisil

FCI sops to hit public sector banks: Crisil

Rediff.com27 Jan 2004

Crisil Ltd on Tuesday said the Centre's sops to Food Corporation of India including cut in interest rate on bank loans to FCI by 1.5%, will negatively impact the bottom line of public sector banks pulling down pretax-profit by 4.5% in the near term.

Now, all public sector bank chairmen will grin

Now, all public sector bank chairmen will grin

Rediff.com5 Mar 2007

The finance ministry is expected to announce a performance-based incentive scheme for bank chairmen on Tuesday.