All stories by Barun Jha
Advanced economies to be back on track by 2024: IMF's Gita Gopinath
Rediff.com25 May 2022Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said on Wednesday. Economies worldwide have been adversely impacted by the coronavirus pandemic and are slowly coming back into the recovery path. The First Deputy Managing Director of the International Monetary Fund said the war in Ukraine has been a major setback to the global recovery.
'Profiting from Pain': Covid created new billionaire every 30 hrs
Rediff.com23 May 2022Releasing a report titled 'Profiting from Pain' in Davos, the rights group further said as the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days.
NSE co-location case: Probe shifts towards money trail, illicit gains
Rediff.com21 Feb 2022As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.
Delhi blast could be a 'terror attack': Israeli envoy
Rediff.com30 Jan 2021'All options are there on the table. Yesterday when this terror attack was conducted, we celebrated the 29th anniversary of the full establishment of diplomatic relations between Israel and India, exactly yesterday. So, it may not be a coincidence but all options are being investigated'
Modi creating Hindu nationalist state: Billionaire George Soros
Rediff.com24 Jan 2020The 89-year old said the strongest powers -- the US, China and Russia -- have "remained in the hands of would-be or actual dictators and the ranks of authoritarian rulers continued to grow".
World will realise Pak's potential once India ties improve: Imran
Rediff.com22 Jan 2020Khan also said Pakistan has decided to partner any other country only for peace and named the partnership with the US as the one.
American dream is back, asserts Trump
Rediff.com21 Jan 2020Underlining that years of economic stagnation have given way to a "roaring geyser of opportunity", Trump said, "I knew that if we unleashed the potential of our people, cut taxes, slashed regulation, fixed broken trade deals and fully tapped American energy that prosperity would come thundering back ... and that is exactly what happened."
India ranks behind US, China and Germany for global CEOs
Rediff.com21 Jan 2020China and India evoked the highest levels of confidence among major economies at 45 per cent and 40 per cent, respectively. The US was at 36 per cent, Canada at 27 per cent, the UK at 26 per cent, Germany at 20 per cent, France 18 per cent, and Japan having the least optimistic CEOs with only 11 per cent very confident of growing revenues in 2020.
PwC's survey of CEOs in Davos shows record level of pessimism
Rediff.com21 Jan 2020For the first time, more than half of the CEOs surveyed by global consultancy PwC said they believe the rate of global GDP growth will decline. In comparison, the survey had found a record level of optimism among CEOs two years ago in 2018.
IMF lowers India growth estimate to 4.8% for 2019
Rediff.com20 Jan 2020IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.
Satya Nadella on the biggest challenge world economy is facing
Rediff.com22 Jan 2019This next phase of globalisation needs to deliver economic growth so that it is equitable: Nadella.
We are replacing red tape with red carpet: Modi
Rediff.com23 Jan 2018Hard selling India as an investment destination at the WEF, Modi said the government is following the principle of reform, perform and transform.
India means business, Modi tells CEOs at Davos roundtable
Rediff.com23 Jan 2018Under the tagline of 'India means business', the roundtable was attended by 40 CEOs of global companies and 20 from India.
Prime Minister Modi in Davos for WEF
Rediff.com22 Jan 2018Modi, the first Indian prime minister to attend the summit in two decades, would deliver the opening plenary address at the summit on Tuesday.
G20 action plan praises India for reforms, inclusive growth
Rediff.com9 Jul 2017It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
Picture speaks more than a thousand words: India on Modi-Xi meet
Rediff.com9 Jul 2017"We have tweeted that the two leaders discussed a range of issues. A range of issues means a range of issues. I don't want to add anything further... I leave it to you to draw your conclusion," external affairs ministry spokesperson Gopal Baglay said.
US isolated as India, other G20 members back Paris climate pact
Rediff.com8 Jul 2017The two-day G20 Summit saw the Indian side making "significant contributions" on resolve to counter terrorism and boost global trade and investment.
PM seeks UK's help in return of Vijay Mallya, Lalit Modi
Rediff.com8 Jul 2017Mallya has been in the UK for months, escaping arrest warrants against him.
PHOTOS: Trump walks up to Modi for 'impromptu' chat at G20 Summit
Rediff.com8 Jul 2017Arvind Panagariya, sherpa for India at the summit, tweeted about the "interaction".
G20 leaders pledge to eliminate all terror safe havens
Rediff.com7 Jul 2017The G20 leaders resolved to facilitate swift and targeted exchanges of information between intelligence, law enforcement and judicial authorities on operational information-sharing, preventive measures and criminal justice response.