News for 'public sector'

Banks tighten cyber security network to ward off any threat

Banks tighten cyber security network to ward off any threat

Rediff.com7 May 2025

Banks have tightened their cyber security network to ward off any cyber threat in the wake of India launching missile attacks on Pakistan and Pakistan-occupied Kashmir. Banks have also improved their security at the branches near border areas due to heightened threat of a counter attack.

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.

New street name boards in Indore's Muslim area removed

New street name boards in Indore's Muslim area removed

Rediff.com22 Aug 2025

Former BJP MLA Akash Vijayvargiya, son of MP Urban Development and Housing Minister Kailash Vijayvargiya, wrote to IMC commissioner Shivam Verma claiming some streets in Chandan Nagar had been renamed on the basis of a "particular religion".

Will India Inc get to explore critical minerals overseas?

Will India Inc get to explore critical minerals overseas?

Rediff.com14 Jun 2025

India is planning to amend the Mines and Minerals (Development and Regulation) Amendment Act 2023 to specify the use of funds currently earmarked at 5,600 crore for exploring critical mineral mines overseas, according to a top official. The proposed amendments also aim to introduce a tailings policy and modify the royalty structure to facilitate the extraction of critical minerals from waste materials, the official added.

'Mahindra Electric Is Getting Free Publicity'

'Mahindra Electric Is Getting Free Publicity'

Rediff.com9 Dec 2024

'IndiGo's position in this argument will depend on whether it has registered '6e' as a trademark.'

Most PSBs see decline in headcount even as branches spread

Most PSBs see decline in headcount even as branches spread

Rediff.com16 Jun 2025

At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.

High tariffs, foreign fund outflows drag Sensex by 272 points

High tariffs, foreign fund outflows drag Sensex by 272 points

Rediff.com29 Aug 2025

Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.

Pak hikes defence budget amid tension with India

Pak hikes defence budget amid tension with India

Rediff.com11 Jun 2025

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.

'Should We Hand Over PSBs To Private Sector'?

'Should We Hand Over PSBs To Private Sector'?

Rediff.com10 Aug 2022

'We have to think of the repercussions if public sector banks are privatised and if they go to foreign hands.'

Want A Govt Job? 10 Competitive Exams You Can Take

Want A Govt Job? 10 Competitive Exams You Can Take

Rediff.com29 Jan 2025

rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

India Must Only Agree To A Deal If It Is A Win-Win

India Must Only Agree To A Deal If It Is A Win-Win

Rediff.com27 Aug 2025

To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.

Active Or Passive Funds: Which to Choose?

Active Or Passive Funds: Which to Choose?

Rediff.com16 Aug 2025

'Active funds have the ability to manage downside risk.'

Indian-American named NASA's associate administrator

Indian-American named NASA's associate administrator

Rediff.com4 Sep 2025

Amit Kshatriya, a decorated Indian-American and NASA veteran, has been appointed as NASA's new associate administrator, marking a significant step in the agency's exploration efforts.

For IT cos, growth in Europe may only be temporary relief

For IT cos, growth in Europe may only be temporary relief

Rediff.com11 Aug 2025

With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.

Sebi mulls single window gateway for low risk foreign investors

Sebi mulls single window gateway for low risk foreign investors

Rediff.com11 Aug 2025

Markets regulator Sebi has proposed introducing a single window access for low risk foreign investors seeking to participate in the Indian securities market, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination.

Data Protection Rules Coming by Year-End

Data Protection Rules Coming by Year-End

Rediff.com2 Sep 2025

'One has to be very mindful because it will be applicable for big tech platforms and even for banks and insurers, whose business is completely different.'

'Indian Markets To Outperform For Next 20 Years'

'Indian Markets To Outperform For Next 20 Years'

Rediff.com29 May 2025

'When you have the best market at your doorstep, international diversification is a distraction.'

How Kerala Aims to Be India's First Poverty Free State

How Kerala Aims to Be India's First Poverty Free State

Rediff.com14 Jul 2025

Despite facing financial constraints, Kerala has been able to invest in welfare schemes and targeted programmes.

PSBs share in loans rises sharply in FY25

PSBs share in loans rises sharply in FY25

Rediff.com10 Apr 2025

The pace of loan growth among public sector banks (PSBs) has seen a surge in the financial year 2024-25, and this is an exception to the overall moderation in bank credit during FY25. PSU banks' share in incremental credit rose to 57.3 per cent in March from 51.7 per cent a year ago, according to the Reserve Bank of India's (RBI's) Monetary Policy Report (April 2025).

'Future Generali always wanted to outgrow the industry'

'Future Generali always wanted to outgrow the industry'

Rediff.com12 Jul 2025

'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'

How Gen Z And Social Media Are Changing Nepal

How Gen Z And Social Media Are Changing Nepal

Rediff.com16 Sep 2025

From mobilising protests to choosing the interim prime minister -- Discord, Bitchat became virtual control rooms, even as familiar platforms like TikTok, Reddit, Instagram, etc. played their part.

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Rediff.com1 May 2025

Global tech major Adobe Systems' chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India's economy in the future.

Good times are ahead: Puri on natural gas availability

Good times are ahead: Puri on natural gas availability

Rediff.com17 Feb 2025

Ongoing strategic investment into assets abroad, alongside gas purchases being made by India, will soon allow the country to access as much gas as it needs, Petroleum and Natural Gas Minister Hardeep Singh Puri said on the sidelines of India Energy Week (IEW 2025).

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Why Are FPIs Selling?

Why Are FPIs Selling?

Rediff.com6 Sep 2025

You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.

'A Revolution In Indian Languages Is Waiting To Be Unleashed'

'A Revolution In Indian Languages Is Waiting To Be Unleashed'

Rediff.com3 Oct 2025

'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

RIL's growth plans, Jio listing can lead to rerating of stock

RIL's growth plans, Jio listing can lead to rerating of stock

Rediff.com9 Sep 2025

Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

Govt, UPI To Set Up Real-Time Payment Tripwire

Govt, UPI To Set Up Real-Time Payment Tripwire

Rediff.com4 Jul 2025

Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.

After extended winter, signs of thaw in Indian edtech sector

After extended winter, signs of thaw in Indian edtech sector

Rediff.com10 Dec 2024

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.

'Let Your Actions And Achievements Prove Your Value'

'Let Your Actions And Achievements Prove Your Value'

Rediff.com29 Jul 2025

Bollywood actor Vivek Oberoi has shared details about his journey from film stardom to becoming a successful global entrepreneur. In an article for Rolling Stone, which he also posted on social media platform X (formerly Twitter), Oberoi explained how stepping away from fame helped him focus, grow, and build a lasting legacy.

The C P Radhakrishnan You Didn't Know

The C P Radhakrishnan You Didn't Know

Rediff.com9 Sep 2025

'In my 26 years at Raj Bhavan, working with more than ten governors, I can tell you C P Radhakrishnan Sir stands out.'

Public vs pvt sector: Which service is better?

Public vs pvt sector: Which service is better?

Rediff.com2 Aug 2008

Let us take four examples, though, one each from telecoms, aviation, the media and banking, because these are the great success stories. Without exception, the service quality in each of them has plummeted.

Air India plane crash preliminary report in 2 days: AAIB to Parl panel

Air India plane crash preliminary report in 2 days: AAIB to Parl panel

Rediff.com9 Jul 2025

The Aircraft Accident Investigation Bureau (AAIB) is expected to release its preliminary report this week on the Air India plane crash in Ahmedabad, which resulted in the deaths of at least 260 people. The investigation is ongoing, with the help of foreign experts, and the black box and voice recorder data are being analyzed.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Rediff.com17 Jul 2025

The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Rediff.com20 Jun 2025

An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.