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News for 'public sector'

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.

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Rediff.com10 Feb 2026

'People become guided by emotions, fear of missing out, and greed. They tend to invest in booming sectors that may prove exceptionally expensive.' 'Typically, that represents the peak, and subsequently, they lose substantially.'

Operation Sindoor Inspires Rise In Defence Budget

Operation Sindoor Inspires Rise In Defence Budget

Rediff.com4 Feb 2026

'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'

Trade union strike sees mixed response; normal life unaffected

Trade union strike sees mixed response; normal life unaffected

Rediff.com12 Feb 2026

A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.

India's Young Women Face Employment Gap

India's Young Women Face Employment Gap

Rediff.com10 Mar 2026

'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

Rediff.com12 Mar 2026

Responding to concerns raised by Leader of the Opposition Rahul Gandhi in the Lok Sabha, Petroleum Minister Hardeep Puri said it is the foremost priority of the government that the kitchens of over 33 crore families, especially the poor and the underprivileged, do not face any shortage of gas.

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

Rediff.com7 Feb 2026

'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'

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.

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.

Congress Calls for End to Violence Over Kerala Minister's Injury

Congress Calls for End to Violence Over Kerala Minister's Injury

Rediff.com27 Feb 2026

Senior Congress leaders V D Satheesan and Ramesh Chennithala criticize the CPI(M) and Health Minister Veena George over alleged violence and a 'shameless drama' surrounding the minister's reported injury during a KSU protest. They demand an end to the violence and withdrawal of charges against KSU activists.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com25 Feb 2026

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

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.

Tata Sons Delays Chandrasekaran's Extension Amid Internal Concerns

Tata Sons Delays Chandrasekaran's Extension Amid Internal Concerns

Rediff.com27 Feb 2026

The deferral of Natarajan Chandrasekaran's re-appointment as Chairman of Tata Sons has sparked questions regarding a previous unanimous resolution by Tata Trusts and potential internal disagreements.

Survey says fraud rising, especially in public sector

Survey says fraud rising, especially in public sector

Rediff.com13 Mar 2014

About 40 per cent of respondents felt fraud had gone up in India, while 67 per cent said the new Act would improve governance.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Forces eliminate 7-member Jaish module in J-K, finish 18-month hunt

Forces eliminate 7-member Jaish module in J-K, finish 18-month hunt

Rediff.com23 Feb 2026

Security forces in Jammu and Kashmir have successfully neutralized a Jaish-e-Mohammed (JeM) terror module, known as the 'Israel Group,' after a year-and-a-half-long operation in the Kishtwar region.

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.

Public sector bank employees to go on strike on Nov 12

Public sector bank employees to go on strike on Nov 12

Rediff.com10 Nov 2014

Normal banking operations like cheque clearance in public sector banks across the country are likely to be hit on Wednesday as employees have decided to go on one-day nation-wide strike to press for wage revision.

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.

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.

Public sector banks seen as safe bets despite blips

Public sector banks seen as safe bets despite blips

Rediff.com10 Jun 2011

While the environment is not conducive, most of the concerns are factored in and valuations have entered an attractive zone.

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.

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.'

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.

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.

More capital for public sector banks? Hardly a solution

More capital for public sector banks? Hardly a solution

Rediff.com3 Aug 2015

Quarterly results of many of these banks show significant losses.

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.'

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.

Govt clears names of 20 public sector bank heads

Govt clears names of 20 public sector bank heads

Rediff.com2 Sep 2010

Out of the 12 executive directors announced on Wednesday, five will fill vacancies with immediate effect, while the remaining will be promoted as and when posts are vacant.

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.

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.

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.

Surprise! The public sector is where the profit is

Surprise! The public sector is where the profit is

Rediff.com1 Jul 2003

Lessons to revive the public sector banks

Lessons to revive the public sector banks

Rediff.com2 Mar 2016

The need to allow government shareholding in public sector banks to come down below 51 per cent

'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.'

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.

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".

PM assures public sector banks of zero interference

PM assures public sector banks of zero interference

Rediff.com4 Jan 2015

At the retreat, PSBs had suggested the government cut its stake in these entities to less than 51 per cent over a period of time and empower the boards of individual banks.

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