News for 'Bangladesh Bank'

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

India to face challenges in becoming more export-oriented

India to face challenges in becoming more export-oriented

Rediff.com9 Nov 2023

Moody's Investors Service on Thursday said India is likely continue to face challenges in raising longer-term growth potential and creating enough jobs for its young population in the absence of higher trade openness. In its report on South Asia sovereigns, Moody's said compared with other South Asian economies, India appears to be in a better position to deepen its integration in global value chains, attract FDI and increase exports. The country has better macroeconomic fundamentals, more stable politics and a more developed export sector.

How Shajahan Sheikh became 'tiger' of Sandeshkhali

How Shajahan Sheikh became 'tiger' of Sandeshkhali

Rediff.com1 Mar 2024

The meteoric rise of Shajahan Sheikh from a modest background of a helper in a local transport company to becoming the so-called 'tiger' of Sandeshkhali is what Bollywood film scripts are made of. And so does his fall.

Make policies for a Brand Northeast, World Bank tells Centre

Make policies for a Brand Northeast, World Bank tells Centre

Rediff.com22 Dec 2019

The World Bank report said Brand Northeast would build on elements such as healthy living, environmental sustainability, social responsibility, service orientation, among others.

'It's like joining G-20, but not as good'

'It's like joining G-20, but not as good'

Rediff.com6 Sep 2023

'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Rediff.com17 Jun 2021

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.

Can NZ extend winning streak against Afghanistan?

Can NZ extend winning streak against Afghanistan?

Rediff.com17 Oct 2023

New Zealand face England-beaters Afghanistan aiming to keep their unbeaten run intact

SAFF C'ship: Can Sunil Chhetri's heroics crush Lebanon?

SAFF C'ship: Can Sunil Chhetri's heroics crush Lebanon?

Rediff.com30 Jun 2023

Chhetri has been India's primary weapon in this tournament, as he has so far netted five goals from three matches

Modi flags off longest river cruise, inaugurates Tent City

Modi flags off longest river cruise, inaugurates Tent City

Rediff.com13 Jan 2023

The maiden voyage has 32 tourists from Switzerland signing up for the entire length of the journey.

Can Australia halt India's unbeaten run to WC glory?

Can Australia halt India's unbeaten run to WC glory?

Rediff.com17 Nov 2023

Resurgent Australia stand between unblemished India and World Cup glory

It's Sari Time At G20!

It's Sari Time At G20!

Rediff.com11 Sep 2023

Saris were in vogue at the dinner President Droupadi Murmu hosted for G20 leaders on Saturday evening and earlier as well on Saturday morninbg when Kyoko Jaishankar, External Affairs Minister Subrahmanyam Jaishankar's wife, hosted the leaders's spouses in New Delhi.

Is our money in the banks safe?

Is our money in the banks safe?

Rediff.com7 Nov 2019

'Clearly, the depositors of cooperative banks need the maximum protection.'

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Bangladesh will go out and attack South Africa

Bangladesh will go out and attack South Africa

Rediff.com1 Jun 2019

Mashrafe Mortaza's side are set to face a baptism of fire as they come up against the likes of Kagiso Rabada and Lungi Ngidi in their tournament bow at the Oval.

US charges N Korean programmer with WannaCry, other cyberattacks

US charges N Korean programmer with WannaCry, other cyberattacks

Rediff.com7 Sep 2018

Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.

Cummins needs batters to fire in unison against Pakistan

Cummins needs batters to fire in unison against Pakistan

Rediff.com19 Oct 2023

Australian batting has not clicked as a unit so far in the World Cup, and captain Pat Cummins hoped that his batters will fire on all cylinders against Pakistan in Bengaluru on Friday.

Why Does Modi Not Slash Chinese Imports?

Why Does Modi Not Slash Chinese Imports?

Rediff.com16 Jan 2023

India's national security focus has shifted from the western border to the eastern one. But our trade with China keeps rising. This trade is against our interest, because most of it comprises of Chinese imports, argues Aakar Patel.

India expected to grow by 8.3% in 2021-22: World Bank

India expected to grow by 8.3% in 2021-22: World Bank

Rediff.com8 Oct 2021

Buoyed by an increase in public investment and incentives to boost manufacturing, India's economy is expected to grow by 8.3 per cent in the fiscal year 2021-22, less than the previous projection early this year before the country was hit by the second wave of the COVID-19 pandemic, the World Bank has said in its latest report. World Bank chief economist for the South Asia Region Hans Timmer told PTI here that when one looks at the high frequency data, they see that as a result of the second wave of the COVID-19 pandemic, the recovery paused, and some indicate that the recovery actually declined briefly. "We project for this fiscal year 8.3 per cent (growth rate for Indian economy) that is less than we projected early in the year before the health crisis caused by the second wave. "Given the sharp contraction of the economy last year, it might not look like a lot, but in my view, that is actually very positive news, given the violent second wave and the severity of the health crisis," he said on Thursday.

G20: World leaders hail Modi's 'decisive leadership'

G20: World leaders hail Modi's 'decisive leadership'

Rediff.com10 Sep 2023

With India's G20 presidency ensuring several tangible outcomes, world leaders at the two-day summit in New Delhi hailed Prime Minister Narendra Modi for his 'decisive leadership' and for championing the voice of the Global South, sources said on Sunday.

Prez Murmu hosts gala dinner for G20 leaders

Prez Murmu hosts gala dinner for G20 leaders

Rediff.com9 Sep 2023

They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.

Yunus challenges removal from Grameen in Court

Yunus challenges removal from Grameen in Court

Rediff.com3 Mar 2011

A day after he was sacked as the chief of the Grameen Bank, Nobel Laureate Professor Muhammad Yunus on Thursday challenged his removal in the High Court.

Deadly blast at building in Dhaka kills 16, over 100 injured

Deadly blast at building in Dhaka kills 16, over 100 injured

Rediff.com7 Mar 2023

The cause of the explosion could not be known immediately, but local residents suspected chemicals illegally stored inside the building, mostly used as an office and business complex, might have sparked the blast.

 B'desh SC adjourns hearing on Yunus plea

B'desh SC adjourns hearing on Yunus plea

Rediff.com15 Mar 2011

The appellate division of the Supreme Court adjourned for two weeks the hearing on two appeals filed against a high court judgement that upheld a Bangladesh Bank order removing Yunus from the office of managing director of Grameen Bank.

China's Siang power project will impact India, warns Arunachal CM

China's Siang power project will impact India, warns Arunachal CM

Rediff.com6 Sep 2023

Arunachal Pradesh Chief Minister Pema Khandu on Wednesday expressed concern over China's proposed mega hydropower project on the upstream of Siang River in Tibet, stating it will have a cascading effect on India and Bangladesh in the near future.

Asia Cup perfect testing ground ahead of World Cup

Asia Cup perfect testing ground ahead of World Cup

Rediff.com29 Aug 2023

India will enter the Asia Cup as a seven-time champions, most by any team, but adding an eighth title might just not feature on top of their bucket list.

Bangladesh inches closer to joining TAPI project

Bangladesh inches closer to joining TAPI project

Rediff.com10 Jul 2012

Asian Development Bank has asked Dhaka to send a formal request by Sunday.

Indian economy likely to contract by 9.6% in 2020-21: World Bank

Indian economy likely to contract by 9.6% in 2020-21: World Bank

Rediff.com5 Jan 2021

India's economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover to 5.4 per cent in 2021, the World Bank said on Tuesday. In its Global Economic Prospects report, the World Bank said that the informal sector, which accounts for four-fifths of employment, has been subject to severe income losses during the COVID-19 pandemic.

14 killed in Bangladesh due to landslides, flashfloods

14 killed in Bangladesh due to landslides, flashfloods

Rediff.com27 Jun 2015

35 others have been injured in the landslides and flashfloods triggered by torrential rains.

Indians' money in Swiss banks hits 3rd lowest level in over 30 years

Indians' money in Swiss banks hits 3rd lowest level in over 30 years

Rediff.com25 Jun 2020

Swiss authorities have always maintained that assets held by Indian residents in Switzerland cannot be considered as 'black money' and they actively support India in its fight against tax fraud and evasion.

Bangladesh deports UFLA leader Anup Chetia to India

Bangladesh deports UFLA leader Anup Chetia to India

Rediff.com11 Nov 2015

Chetia, who was in Bangladesh since his arrest by the neighbouring country's police in 1997, was handed over to India at the personal intervention of Prime Minister Narendra Modi and through active involvement of National Security Advisor Ajit Doval.

Health worker tests positive as Kerala reports fifth Nipah case

Health worker tests positive as Kerala reports fifth Nipah case

Rediff.com14 Sep 2023

The government has ordered monoclonal antibody from Indian Council of Medical Research to treat the child. It is the only available anti-viral treatment for Nipah virus infection, though it has not been clinically proven yet.

Remittances to India likely to see 23% drop: World Bank

Remittances to India likely to see 23% drop: World Bank

Rediff.com23 Apr 2020

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.

Cruise flagged off by Modi stuck? IWAI says no

Cruise flagged off by Modi stuck? IWAI says no

Rediff.com16 Jan 2023

The cruise which was scheduled to dock at the shore for the tourists to visit Chirand, an archaeological site, got stuck because of water deficiency in the Ganges near the Doriganj area of the district.

Favourites India ready to tame depleted Bangladesh in Asia Cup final

Favourites India ready to tame depleted Bangladesh in Asia Cup final

Rediff.com27 Sep 2018

India are the overwhelming favourites to win the tournament for a record seventh time while Bangladesh will be hoping to be third-time lucky in a summit clash.

Rabindranath Tagore's Bangladesh legacy lives on

Rabindranath Tagore's Bangladesh legacy lives on

Rediff.com18 May 2016

Rabindranath Tagore's ancestral home in Shahzadpur holds not only historical value but the potential to provide for the region's educational needs.

Why Supreme Court Drags Feet On Important Matters

Why Supreme Court Drags Feet On Important Matters

Rediff.com31 Oct 2023

For the longest time, the court did not even hear important matters that the government did not want it to. Of late, it has begun to form benches. Meanwhile a lot of the damage has been done and continues to be done, asserts Aakar Patel.

Jailed Lashkar terrorist Afsar Pasha masterminded Mangaluru blast: Police

Jailed Lashkar terrorist Afsar Pasha masterminded Mangaluru blast: Police

Rediff.com30 Jul 2023

Pasha, who had earlier received training in making bombs in Bangladesh, provided training to the Mangaluru blast case accused during their stay in a jail in Karnataka.

India's economy to shrink by 3.2% in FY21: World Bank

India's economy to shrink by 3.2% in FY21: World Bank

Rediff.com8 Jun 2020

However, the Indian economy is expected to bounce back in 2021, the World Bank said.

World Bank warns Dhaka

World Bank warns Dhaka

Rediff.com18 Feb 2005

"It is important that development agencies be able to continue their work unhindered by fear or violence, the bank said.

Modi to flag off world's longest Varanasi-Dibrugarh river cruise on Friday

Modi to flag off world's longest Varanasi-Dibrugarh river cruise on Friday

Rediff.com11 Jan 2023

MV Ganga Vilas will begin its journey from Varanasi and sail around 3,200 km in 51 days to reach Dibrugarh in Assam via Bangladesh, traversing across 27 river systems in the two countries, it said.