News for 'public sector'

Sarvam AI To Launch India's First LLM In Feb

Sarvam AI To Launch India's First LLM In Feb

Rediff.com20 Nov 2025

Sarvam's LLM will have more than 17 trillion tokens with 17 to 20 per cent coming from Indian data

'My Life Has Been Paused Without My Consent'

'My Life Has Been Paused Without My Consent'

Rediff.com12 Dec 2025

Thousands of Indian H-1B workers are stranded in India after sudden visa appointment cancellations at US consulates.

Delhi orders 50% WFH for govt, private offices as air quality worsens

Delhi orders 50% WFH for govt, private offices as air quality worsens

Rediff.com24 Nov 2025

Delhi government mandates 50% work from home for offices and private establishments under GRAP stage three due to severe air pollution. Essential services are exempted.

Haryana IPS officer's suicide note alleges anti-Dalit bias, names DGP

Haryana IPS officer's suicide note alleges anti-Dalit bias, names DGP

Rediff.com9 Oct 2025

A senior Haryana Police officer's suspected suicide has sparked controversy after a note he left behind accused senior officers of harassment and caste-based discrimination. His wife has demanded an FIR against the state police chief.

'Government Is The Source Of Our Data Leakages'

'Government Is The Source Of Our Data Leakages'

Rediff.com4 Dec 2025

'Instead of the government and telecom operators solving the mess of their own creation, they're telling us we need to give access to our phones perpetually.'

Public sector banks declare war on corporate defaulters

Public sector banks declare war on corporate defaulters

Rediff.com3 Jun 2013

Why banks are going hammer and tongs behind defaulters.

What Is DMK's Plan To Counter Vijay?

What Is DMK's Plan To Counter Vijay?

Rediff.com18 Dec 2025

The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

Stock Market: Which Sectors Delivered?

Stock Market: Which Sectors Delivered?

Rediff.com12 Jan 2024

The biggest bounce is in the realty sector, where the industry index jumped 80%. There's been a turnaround also in automobiles and ancillaries (up 45%). The pharma and health care indices have a welcome return of roughly 35%.

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'

Classify Strategic Data As 'National Asset'

Classify Strategic Data As 'National Asset'

Rediff.com29 Aug 2025

...on par with oil, power, and defence, and to restrict its storage under foreign control.

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

Rediff.com2 Dec 2025

What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.

Price reset, demand pulse drove cement's strong Q2

Price reset, demand pulse drove cement's strong Q2

Rediff.com28 Nov 2025

India's top cement producers delivered a solid July-September quarter (Q2) in 2025-26 (FY26), lifted by firmer prices, higher sales volumes, and a favourable base. Seasonal weakness and maintenance outages did dent sequential performance, but the overall picture remained positive - and the road ahead looks steady.

GST rate cut: Banks face car loan cancellations

GST rate cut: Banks face car loan cancellations

Rediff.com15 Sep 2025

Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.

IndiGo Board Unsure If CEO Must Go

IndiGo Board Unsure If CEO Must Go

Rediff.com9 Dec 2025

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'

How To Apply for GATE 2026

How To Apply for GATE 2026

Rediff.com6 Aug 2025

The application process for Graduate Aptitude Test in Engineering (GATE) 2026 will begin on August 25.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

Rediff.com12 Aug 2025

Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was at Rs 91,260 crore, compared to Rs 1.15 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.

Thermostat Setting: India's Cool Move

Thermostat Setting: India's Cool Move

Rediff.com27 Aug 2025

'Are there other ways to reduce the energy airconditioners consume?' asks Ambi Parameswaran.

8 days after suicide, IPS officer cremated; wife demands fair probe

8 days after suicide, IPS officer cremated; wife demands fair probe

Rediff.com15 Oct 2025

The cremation of Haryana IPS officer Y Puran Kumar took place in Chandigarh following an autopsy, with his wife seeking an impartial probe into his death.

At G20, Modi bats for open satellite data access

At G20, Modi bats for open satellite data access

Rediff.com23 Nov 2025

Prime Minister Narendra Modi on Saturday proposed a G20 initiative aimed at enhancing clean energy transitions by boosting recycling, easing supply chain pressures and advancing joint research on critical minerals, and suggested forging a partnership to make satellite data more accessible and interoperable.

Centre to decide on plea against '120 Bahadur' certification in 2 days

Centre to decide on plea against '120 Bahadur' certification in 2 days

Rediff.com18 Nov 2025

The bench of Chief Justice Sheel Nagu and Justice Sanjiv Berry disposed of the petition filed by the Sanyukt Ahir Regiment Morcha and others seeking a stay on the release of the movie, which is based on the 1962 Battle of Rezang La.

Centre to decide on plea against '120 Bahadur' certification in 2 days

Centre to decide on plea against '120 Bahadur' certification in 2 days

Rediff.com18 Nov 2025

The Punjab and Haryana High Court has directed the Centre to decide on a representation challenging the certification and release of the film '120 Bahadur'. The petitioners allege historical inaccuracies in the movie's portrayal of the Battle of Rezang La.

Why EVMs Won't Be Used In VP Election

Why EVMs Won't Be Used In VP Election

Rediff.com8 Sep 2025

EVMs can't be used in presidential, vice-presidential, or Rajya Sabha polls because they only count simple votes, not the preference-based system needed for these elections.

Budget: How Sitharaman plans to boost the MSME sector

Budget: How Sitharaman plans to boost the MSME sector

Rediff.com23 Jul 2024

The government will come out with a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third party guarantee, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting her seventh straight Union Budget, she also said that public sector banks to build in-house capability for credit assessment of MSMEs.

IOC - Reliance of the public sector?

IOC - Reliance of the public sector?

Rediff.com25 Nov 2006

The company, ranked 153rd on the Fortune list, is appointing a consultant to explore the possibilities, as part of an internal due-diligence followed for any new business.

Tempted By GST Car Deals? Brake And Research!

Tempted By GST Car Deals? Brake And Research!

Rediff.com8 Oct 2025

'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'

IPS officer's wife claims harassment led to his suicide

IPS officer's wife claims harassment led to his suicide

Rediff.com9 Oct 2025

The wife of a Haryana Police officer who allegedly died by suicide has claimed his death was the result of 'systematic persecution' by high-ranking officers and has filed a complaint requesting an FIR be registered.

Normal life remains unaffected during strike, violence in Bengal

Normal life remains unaffected during strike, violence in Bengal

Rediff.com10 Jul 2025

A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.

'India Is Staring At Dementia Epidemic'

'India Is Staring At Dementia Epidemic'

Rediff.com21 Nov 2025

'10 million Indians are currently living with dementia, and the number is expected to double by 2036.'

Why PSBs are raising home loan rates

Why PSBs are raising home loan rates

Rediff.com25 Aug 2025

Some public sector banks, including State Bank of India (SBI), Union Bank of India, Canara Bank, and Bank of India, are increasing the spread on home loans for new customers to protect margins.

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?

Muttaqi Woos India Inc

Muttaqi Woos India Inc

Rediff.com14 Oct 2025

Afghan Acting Foreign Minister Amir Khan Muttaqi met Federation of Indian Chambers of Commerce and Industry (FICCI) members on Monday to discuss opportunities in his country, especially in the mining sector. The Taliban, who now control Afghanistan, is seeking to repair its ties with New Delhi, and is hopeful of Indian public and private sectors increasing investments in the mining and power sector, and greater trade and commerce.

Govt planning transport authority to drive multimodal corridors

Govt planning transport authority to drive multimodal corridors

Rediff.com5 Nov 2025

The government is planning to set up an integrated transport planning authority for faster and comprehensive planning among multiple transport ministries such as highways, railways, and shipping & ports.

Arunachal Key To India-Japan Strategy Against China

Arunachal Key To India-Japan Strategy Against China

Rediff.com26 Nov 2025

If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.

Jio IPO to fetch premium valuations: I-Sec

Jio IPO to fetch premium valuations: I-Sec

Rediff.com24 Oct 2025

ICICI Securities expects Jio Platforms' ensuing IPO to fetch "premium valuations", as was the case in the high-profile equity raise of FY21, and has pegged the company's equity value at $148 billion by September 2027.

Why Are Banks Striking On March 24-25?

Why Are Banks Striking On March 24-25?

Rediff.com7 Feb 2025

Bank employees want a five day work week.

Erdogan asks Meloni to stop smoking, she replied...

Erdogan asks Meloni to stop smoking, she replied...

Rediff.com14 Oct 2025

Turkish President Recep Tayyip Erdogan's anti-tobacco crusade has a new target: Italian Prime Minister Giorgia Meloni, Politico reported.

How NDA Outwitted Mahagathbandan

How NDA Outwitted Mahagathbandan

Rediff.com14 Nov 2025

The NDA in Bihar, led by Chief Minister Nitish Kumar, strategically countered the Mahagathbandan's moves by implementing similar policies and announcements, effectively neutralising the MGB campaign promises and maintaining their political advantage.