News for 'public-sector'

How India Can Lead In AI-Native Governance, According To ServiceNow

How India Can Lead In AI-Native Governance, According To ServiceNow

Rediff.com7 May 2026

ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Industrial credit growth may clock 9-13% in H1CY26

Industrial credit growth may clock 9-13% in H1CY26

Rediff.com20 Apr 2026

The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.

Two months of West Asia war: Analysts see smallcap's outperformance continuing

Two months of West Asia war: Analysts see smallcap's outperformance continuing

Rediff.com29 Apr 2026

Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com13 Apr 2026

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rediff.com18 Apr 2026

Five masked gunmen robbed a Bank of Maharashtra branch in Singrauli, Madhya Pradesh, stealing gold and cash worth Rs 5.7 crore. One suspect has been arrested in Bihar.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com14 Apr 2026

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

India's defence exports surge 63% to record Rs 38,424 cr in FY 2025-26

India's defence exports surge 63% to record Rs 38,424 cr in FY 2025-26

Rediff.com2 Apr 2026

India's defence exports reached a record high of Rs 38,424 crore in fiscal year 2025-26, marking a significant increase of over 62 per cent compared to the previous year, according to Defence Minister Rajnath Singh.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Rediff.com8 Apr 2026

Deloitte India has partnered with IIT Bombay to launch a Quantum Technology Centre, aiming to accelerate quantum adoption, research, and enterprise use-cases for Indian businesses.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

PFBR milestone: Kalpakkam reactor achieves first criticality

PFBR milestone: Kalpakkam reactor achieves first criticality

Rediff.com7 Apr 2026

India's 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Chennai has achieved first criticality, marking a significant advancement in the country's nuclear energy capabilities and long-term energy security.

Trump dials Modi on Hormuz security; Gor hints at 'big-ticket' India-US deals

Trump dials Modi on Hormuz security; Gor hints at 'big-ticket' India-US deals

Rediff.com14 Apr 2026

Prime Minister Narendra Modi and US President Donald Trump discussed the West Asia crisis and the importance of keeping the Strait of Hormuz open and secure. They also reviewed progress in bilateral ties and anticipated upcoming deals in the energy sector.

BPCL Customers Face Charges Over Misappropriated Funds

BPCL Customers Face Charges Over Misappropriated Funds

Rediff.com2 Apr 2026

Seven customers of Bharat Petroleum Corporation Limited (BPCL) in Indore have been booked for allegedly misappropriating over Rs 5.7 crore that was wrongly deposited into their digital wallets. Police are investigating how Rs 129.55 crore was incorrectly credited to around 1,000 BPCL 'Smart Fleet' customers.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com25 Mar 2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Rediff.com1 Apr 2026

Civil Aviation Minister K Rammohan Naidu announced that public sector oil marketing companies will implement a partial and staggered increase in jet fuel prices for domestic airlines, aiming to protect passengers from steep fare hikes.

India Inc hits pause on factory expansion in March

India Inc hits pause on factory expansion in March

Rediff.com10 Apr 2026

India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.

Diego Maradona's childhood house transformed into soup kitchen

Diego Maradona's childhood house transformed into soup kitchen

Rediff.com31 Mar 2026

Every week, hundreds of people line up to fill a plastic container with food in an unlikely place: the humble home where Argentine soccer legend Diego Armando Maradona was born.

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

India's Telecom Subscriber Base Crosses 1.32 Billion Mark, Driven by Broadband Growth

India's Telecom Subscriber Base Crosses 1.32 Billion Mark, Driven by Broadband Growth

Rediff.com2 Apr 2026

India's total telephone subscriber base reached 1,321.31 million by the end of February 2026, marking a 0.56 per cent monthly growth, primarily fuelled by a significant surge in broadband adoption.

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

Rediff.com26 Mar 2026

The London High Court has rejected Nirav Modi's petition to reopen his extradition case, citing the Indian government's assurances regarding his treatment in India as a key factor in their decision.

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Rediff.com8 Apr 2026

The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.

Rajnath Singh Urges India to Build Drone Manufacturing Ecosystem

Rajnath Singh Urges India to Build Drone Manufacturing Ecosystem

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem to enhance its defence capabilities, drawing lessons from recent global conflicts.

Airpay and MSCB Team Up to Expand Digital Payments in Maharashtra's Rural Co-operative Sector

Airpay and MSCB Team Up to Expand Digital Payments in Maharashtra's Rural Co-operative Sector

Rediff.com27 Mar 2026

Airpay Payment Services has partnered with Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in Maharashtra, aiming to accelerate financial inclusion in rural areas.

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Rediff.com3 Apr 2026

Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.

Exam Cheating Ring Busted in Uttar Pradesh: How Fake Disability Certificates Were Used

Exam Cheating Ring Busted in Uttar Pradesh: How Fake Disability Certificates Were Used

Rediff.com26 Mar 2026

The Uttar Pradesh Special Task Force (STF) has dismantled a gang involved in facilitating cheating in competitive exams by using forged disability certificates and arranging illegal scribes.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

Uttar Pradesh STF Uncovers Exam Cheating Racket Using Forged Disability Certificates

Uttar Pradesh STF Uncovers Exam Cheating Racket Using Forged Disability Certificates

Rediff.com26 Mar 2026

The Uttar Pradesh Special Task Force (STF) has dismantled a gang involved in facilitating cheating in competitive exams by using forged disability certificates and arranging scribes in violation of regulations. Nine individuals have been arrested in connection with the scam.

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem, drawing lessons from recent global conflicts and highlighting the importance of self-reliance in drone technology.

Maha engineer nabbed by ACB for accepting bribe

Maha engineer nabbed by ACB for accepting bribe

Rediff.com11 Mar 2026

An assistant engineer with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Raigad has been arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 1.5 lakh.

How AI Is Changing The Gulf War

How AI Is Changing The Gulf War

Rediff.com24 Mar 2026

AI reduces the time taken to find a target and launch a strike. This has led to a major increase in the pace of the conflict, with one report mentioning nearly 900 strikes launched on Iranian targets in the first 12 hours of an operation.

India grapples with LPG supply crunch, but panic buying eases

India grapples with LPG supply crunch, but panic buying eases

Rediff.com20 Mar 2026

India continues to face LPG supply challenges for the third consecutive week due to disruptions caused by the West Asia conflict, though panic buying is showing signs of easing. The government is prioritising domestic household supplies and encouraging alternative fuel sources.

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Rediff.com26 Mar 2026

'Our government is committed to addressing it firmly while protecting the rights of genuine citizens.'

ESMA invoked to ramp up LPG production amid fuel crisis

ESMA invoked to ramp up LPG production amid fuel crisis

Rediff.com6 Mar 2026

The Indian government has directed oil refineries to increase LPG production to ensure a stable supply of domestic cooking gas, amidst concerns over potential disruptions from the escalating Middle East conflict and its impact on imports.

Banking services impacted as unions go on nationwide strike

Banking services impacted as unions go on nationwide strike

Rediff.com27 Jan 2026

Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.