News for 'public sector'

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

China mulls military base in Pakistan: Pentagon

China mulls military base in Pakistan: Pentagon

Rediff.com24 Dec 2025

In its annual report to Congress on Tuesday on 'Military and Security Developments Involving the People's Republic of China 2025', the US Department of War said the People's Liberation Army (PLA) is actively considering and planning for additional military facilities.

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

Bank loan books report healthy growth in Q2

Bank loan books report healthy growth in Q2

Rediff.com31 Oct 2025

The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.

How Winter Session Sets Stage For Budget

How Winter Session Sets Stage For Budget

Rediff.com5 Jan 2026

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

Will Budget 2026 Break Sunday Rule?

Will Budget 2026 Break Sunday Rule?

Rediff.com20 Dec 2025

Officials said the government is keen to conform to the convention of the Union Budget for 2026-2027 being presented on February 1 despite it falling on a Sunday in 2026.

Why Freebies May Not Save Stalin's DMK

Why Freebies May Not Save Stalin's DMK

Rediff.com16 Jan 2026

While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.

What If Lal Bahadur Shastri Had Not Died In 1966

What If Lal Bahadur Shastri Had Not Died In 1966

Rediff.com9 Jan 2026

He chose what was best for India, not for himself. Few can deny that when god took Shastri away so soon, they did India an injustice, points out Harishchandra.

Public sector banks fear losing good talent to new banks

Public sector banks fear losing good talent to new banks

Rediff.com19 Jul 2013

Disgruntled executives are already pinning hopes on the new banks, too.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Assam govt tables inquiry report on 1983 Nellie massacre

Assam govt tables inquiry report on 1983 Nellie massacre

Rediff.com26 Nov 2025

The Assam government on Tuesday distributed the report of the Tewary Commission, which had probed into the 1983 Nellie massacre during which over 2,000 people were killed, and large-scale violence that year, in the Assembly on first day of Winter Session.

Smallcaps Face Their Toughest Samvat Yet

Smallcaps Face Their Toughest Samvat Yet

Rediff.com18 Oct 2025

'Defence, capital goods, engineering, capital market-related stocks, autos, and cement sectors are my bullish bets for Samvat 2082.'

Engaging India: Public sector incentives

Engaging India: Public sector incentives

Rediff.com8 Apr 2008

Engaging India is an online column analysing the issues, trends and forces behind the business and politics shaping India and its impact on the world. Engaging India appears on Thursday mornings exclusively on FT.com India, a dedicated online section on India, and is written by Jo Johnson, the Financial Times' South Asia bureau chief; Amy Yee, New Delhi correspondent; and Joe Leahy, Mumbai correspondent.

HC rejects plea on fourfold compensation for IndiGo passengers

HC rejects plea on fourfold compensation for IndiGo passengers

Rediff.com17 Dec 2025

The Delhi High Court refused to entertain a PIL seeking compensation for passengers affected by IndiGo flight cancellations, citing an ongoing related case.

FinMin Pushes RBI for Faster Fraud Shield

FinMin Pushes RBI for Faster Fraud Shield

Rediff.com8 Oct 2025

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions.

Rs 7,500 for up to 500 km: Govt caps airfares amid IndiGo chaos

Rs 7,500 for up to 500 km: Govt caps airfares amid IndiGo chaos

Rediff.com6 Dec 2025

Taking a serious note of the situation, the civil aviation ministry said it has invoked regulatory powers to ensure fair and reasonable fares across all affected routes.

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Rediff.com1 Dec 2025

These losses increase insurance premiums for customers and reduce insurer margins on the other.

Bank asset quality: Slippages rise 26% in Q1 on stress in unsecured loans

Bank asset quality: Slippages rise 26% in Q1 on stress in unsecured loans

Rediff.com21 Aug 2025

Commercial banks in India reported 26 per cent year-on-year (Y-o-Y) growth in slippages at Rs 63,000 crore during the first quarter ended June 2025 (Q1FY26). This was predominantly due to stress in microfinance and unsecured retail portfolios of select lenders.

US sanctions on Russian oil firms to hit Reliance

US sanctions on Russian oil firms to hit Reliance

Rediff.com23 Oct 2025

US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now.

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

Gold, Silver Shine As Stocks Slip

Gold, Silver Shine As Stocks Slip

Rediff.com1 Oct 2025

'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'

Stocks of domestic-facing firms lag despite tariff-related hedge calls

Stocks of domestic-facing firms lag despite tariff-related hedge calls

Rediff.com1 Sep 2025

To shield against US President Donald Trump's tariff shock, analysts have been advising investors to focus on stocks of domestic-oriented companies, rather than export-centric ones, to minimise potential losses.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

Delhi choked by worst AQI of the year, strict curbs kick in

Delhi choked by worst AQI of the year, strict curbs kick in

Rediff.com13 Dec 2025

A thick layer of toxic smog enveloped the national capital on Saturday as air quality deteriorated sharply, prompting the Commission for Air Quality Management (CAQM) to invoke the strictest curbs under Stage IV of the Graded Response Action Plan (GRAP) across Delhi-NCR.

How India Can Beat Global Tech Giants

How India Can Beat Global Tech Giants

Rediff.com18 Nov 2025

With a confident new generation of innovators, India now has the scale and self-belief to shape its own digital destiny marked by creation, observes Ajay Kumar chairman, UPSC.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

Rediff.com20 Dec 2025

'It will increase the contribution to gratuity, which is something the employer has to give.'

IndiGo Crisis: What Was Its Board Doing?

IndiGo Crisis: What Was Its Board Doing?

Rediff.com13 Dec 2025

Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.

A Big, Big Push for Defence Self-Reliance

A Big, Big Push for Defence Self-Reliance

Rediff.com15 Sep 2025

Defence Procurement Manual 2025 lays down the guiding principles for revenue procurements in the defence ministry worth around 1 trillion in a financial year.

Public sector banks need Rs 1.2 lakh-cr capital infusion: Moody's

Public sector banks need Rs 1.2 lakh-cr capital infusion: Moody's

Rediff.com10 Jun 2016

Moody's said the asset quality of the banks will remain under pressure.

Chandigarh, Delhi have highest share of services in GVA: NITI

Chandigarh, Delhi have highest share of services in GVA: NITI

Rediff.com4 Nov 2025

The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.

Court orders charges against Karti Chidambaram in Chinese visa case

Court orders charges against Karti Chidambaram in Chinese visa case

Rediff.com23 Dec 2025

Besides Karti Chidambaram, the Lok Sabha MP from Sivaganga, the CBI had named his alleged close associate and chartered accountant, S Bhaskararaman, Talawandi Sabo Power Ltd (TSPL), a subsidiary of Vedanta, and Mumbai-based Bell Tools, through which bribes were allegedly routed.

Board nod must for bank entities to do same biz: RBI

Board nod must for bank entities to do same biz: RBI

Rediff.com6 Dec 2025

The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

IPOs increasingly becoming exit vehicles for early investors: CEA

IPOs increasingly becoming exit vehicles for early investors: CEA

Rediff.com21 Nov 2025

India's equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.

'Markets Have Already Scaled A Wall Of Worry'

'Markets Have Already Scaled A Wall Of Worry'

Rediff.com7 Aug 2025

'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

How Your Grievances Can Be Fixed!

How Your Grievances Can Be Fixed!

Rediff.com14 Oct 2025

CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.