News for 'Asian Development Bank'

India to go dry soon, warns Asian Development Bank

India to go dry soon, warns Asian Development Bank

Rediff.com20 Aug 2014

India's per capita average annual water availability is reducing.

Sensex, Nifty Rebound on Easing Crude, Hopes of West Asia De-escalation

Sensex, Nifty Rebound on Easing Crude, Hopes of West Asia De-escalation

Rediff.com23 Sep 2026

Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.

RBI raises India's FY27 GDP growth forecast to 7.1% amid global headwinds

RBI raises India's FY27 GDP growth forecast to 7.1% amid global headwinds

Rediff.com7 Oct 2026

The Reserve Bank of India (RBI) has increased its GDP growth forecast for the current fiscal year (FY27) by 40 basis points to 7.1 per cent, acknowledging the resilience of domestic economic activity despite global headwinds and geopolitical tensions.

Asian Development Bank to give $300 milion loan to India

Asian Development Bank to give $300 milion loan to India

Rediff.com26 Mar 2015

Asian Development Bank to give $300 milion loan to India.

Global Interest Rate Hikes to Make FY27 Second Half Challenging: CEA Nageswaran

Global Interest Rate Hikes to Make FY27 Second Half Challenging: CEA Nageswaran

Rediff.com30 Sep 2026

Chief Economic Advisor V Anantha Nageswaran stated that the second half of the current fiscal year (FY27) is expected to be challenging due to increased downside risks to global growth and rising interest rates worldwide.

When poll panel rift spilled into the open

When poll panel rift spilled into the open

Rediff.com23 Sep 2026

The article details a history of internal disagreements among Election Commissioners in India, highlighting instances from 1993 to the present, including clashes between CECs and commissioners over various issues like removal recommendations, dissent notes, and affidavits, culminating in recent objections regarding voter list revisions.

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

Rediff.com23 Sep 2026

Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

Rediff.com9 Jul 2026

The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.

Nifty gains on Brent crude pullback, but analysts warn of continued volatility

Nifty gains on Brent crude pullback, but analysts warn of continued volatility

Rediff.com6 Oct 2026

Indian equity markets, led by the Nifty 50, saw gains following a pullback in Brent crude prices towards $101-102 a barrel and weaker-than-anticipated US jobs data, which eased concerns about a Fed rate hike. However, analysts caution that markets are likely to remain volatile in the near term.

India's BoP pressure to remain a challenge, says Chief Economic Advisor

India's BoP pressure to remain a challenge, says Chief Economic Advisor

Rediff.com25 Sep 2026

India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.

Stock Markets Today: Sensex, Nifty Pare Early Gains; Now Trading in Red

Stock Markets Today: Sensex, Nifty Pare Early Gains; Now Trading in Red

Rediff.com22 Sep 2026

Indian benchmark indices Sensex and Nifty opened higher, extending gains from the previous session, driven by a rally in global markets and a slight cooling in crude oil prices. Optimism around a potential meeting between US and Iranian presidents also contributed to positive sentiment.Later both indices pared gains and were trading in red. Track Sensex, Nifty on September 22.

Xi calls on BRICS countries to help end war in West Asia

Xi calls on BRICS countries to help end war in West Asia

Rediff.com12 Sep 2026

Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Rediff.com15 Sep 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.

Nepal-Tibet flood toll rises to 1,243; PM Shah flags climate change link

Nepal-Tibet flood toll rises to 1,243; PM Shah flags climate change link

Rediff.com3 Sep 2026

Nepal's devastating flash floods have claimed 1,127 lives, with thousands still missing a week after the disaster. Rescuers are intensifying efforts to find survivors and recover bodies across affected regions, while police work to identify victims and relocate families from high-risk areas.

Confident Kujur ignores fastest-man tag, targets Commonwealth, Asian Games glory

Confident Kujur ignores fastest-man tag, targets Commonwealth, Asian Games glory

Rediff.com22 Jul 2026

Focused on success at the Commonwealth and Asian Games, Animesh Kujur is unconcerned by the fastest-man debate, believing his performances on the biggest stages will speak for themselves.

Wars, tariffs test BRICS unity as leaders gather in Delhi

Wars, tariffs test BRICS unity as leaders gather in Delhi

Rediff.com11 Sep 2026

The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Rediff.com26 Aug 2026

Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.

Airtel Money files for London IPO, IFC to buy $90 mn stake

Airtel Money files for London IPO, IFC to buy $90 mn stake

Rediff.com24 Sep 2026

Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.

India-China Rivalry Tests BRICS' Future

India-China Rivalry Tests BRICS' Future

Rediff.com8 Sep 2026

India and China are in what experts call 'a cooperation-versus-competition situation'.

'West Bengal Doesn't Need To Experiment With The Bulldozer'

'West Bengal Doesn't Need To Experiment With The Bulldozer'

Rediff.com8 Sep 2026

'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rediff.com10 Apr 2026

The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.

Punjab Launches Mega Sports Event To Nurture Talent

Punjab Launches Mega Sports Event To Nurture Talent

Rediff.com5 Sep 2026

Punjab has launched the fourth season of its state-level sports event, 'Khedan Wattan Punjab Diyan', aiming to identify and nurture sporting talent from grassroots to global levels. The event, featuring 39 disciplines and nearly 10 lakh participants, offers Rs 12.50 crore in prize money, including cash awards for veteran players for the first time. Chief Minister Bhagwant Mann inaugurated the games, highlighting the state's commitment to sports infrastructure development and financial assistance for athletes.

India's academic freedom severely restricted, claims report

India's academic freedom severely restricted, claims report

Rediff.com16 Sep 2026

A report by Scholars at Risk, 'Free to Think 2026', states that academic freedom in India is "severely restricted" due to increasing government influence over higher education, university governance, and curbs on student expression. India is listed among six countries in this category, with its Academic Freedom Index score sharply declining. The report cites instances of faculty dismissals, event cancellations, and pressure on student protests, highlighting the alleged use of the UGC as a vehicle for state influence.

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Rediff.com18 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Rediff.com4 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Rupee plunges 52 paise to 93.35 against dollar amid West Asia uncertainties

Rupee plunges 52 paise to 93.35 against dollar amid West Asia uncertainties

Rediff.com13 Apr 2026

The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Rediff.com10 Aug 2026

Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.

Stock Markets Today: Sensex, Nifty Decline as Geopolitical Tensions Push Crude Oil Prices Higher

Stock Markets Today: Sensex, Nifty Decline as Geopolitical Tensions Push Crude Oil Prices Higher

Rediff.com11 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, influenced by elevated crude oil prices stemming from renewed geopolitical uncertainties, particularly concerns surrounding the Strait of Hormuz. Track Sensex, Nifty on August 11, 2026.

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Rediff.com10 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

SAARC to fast-track development bank: Nepal

SAARC to fast-track development bank: Nepal

Rediff.com4 Aug 2014

The existing SAARC Development Fund could be merged into the bank.

Stock markets today: Sensex, Nifty opened in red, then recovered

Stock markets today: Sensex, Nifty opened in red, then recovered

Rediff.com29 Jun 2026

Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.

Indian Markets Rebound as Sensex Climbs 238 Points, Nifty Up 80

Indian Markets Rebound as Sensex Climbs 238 Points, Nifty Up 80

Rediff.com9 Jul 2026

Indian benchmark indices, Sensex and Nifty, staged a moderate rebound after a significant correction in the previous session, driven by foreign fund inflows and a largely positive trend in global markets, though geopolitical tensions between the US and Iran continued to foster caution.

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Stock markets today: Sensex, Nifty down on renewed US-Iran tensions, crude spike

Rediff.com8 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, driven by renewed tensions between the US and Iran and a subsequent spike in global crude oil prices, creating uncertainty in the market. Track Sensex, Nifty on July 8.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Rediff.com2 Jul 2026

Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.

Stock markets today: Sensex rises 300 points; Nifty over 23K

Stock markets today: Sensex rises 300 points; Nifty over 23K

Rediff.com22 May 2026

Indian benchmark equity indices, Sensex and Nifty, saw a rebound in early trade, driven by a rally in global markets and easing Brent crude oil prices, with hopes of US-Iran peace negotiations also contributing to investor optimism. Track Sensex, Nifty on May 22

Sensex, Nifty rally on US-Iran peace deal optimism, falling crude prices

Sensex, Nifty rally on US-Iran peace deal optimism, falling crude prices

Rediff.com18 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.