News for 'The World Bank Group'

WEF Davos meet next week; Jaitley, Goyal to participate

WEF Davos meet next week; Jaitley, Goyal to participate

Rediff.com14 Jan 2015

German Chancellor Angel Merkel, French President Francois Hollande, Chinese Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Switzerland President Simonetta Sommaruga would be participating in the 45th edition of the meet.

Modi, Sitharaman go into huddle over 2nd coronavirus stimulus package

Modi, Sitharaman go into huddle over 2nd coronavirus stimulus package

Rediff.com16 Apr 2020

Prime Minister Narendra Modi on Thursday reviewed the impact of Covid-19 on the Indian economy and a possible second stimulus to boost sectors hit hard by the pandemic. Modi held discussions with Finance Minister Nirmala Sitharaman as the pandemic hit sectors from small industries to the aviation sector hard with millions of jobs at stake.

With Air India, Tatas get a stake in Kerala's Cochin airport

With Air India, Tatas get a stake in Kerala's Cochin airport

Rediff.com9 Dec 2021

As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.

Pak continues to remain on FATF 'Grey List'

Pak continues to remain on FATF 'Grey List'

Rediff.com26 Feb 2021

The global agency said there are "serious deficiencies" on the part of the country in checking terror-financing and it lacks an effective system to deal with it.

'Each year of delay costs us $15-20 bn'

'Each year of delay costs us $15-20 bn'

Rediff.com6 Apr 2007

I agree with the Tarapore report on fuller capital account convertibility except for the time frame set.

GDP likely to fall to 30-year low, fear analysts

GDP likely to fall to 30-year low, fear analysts

Rediff.com27 Mar 2020

In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.

Queen Elizabeth II's coffin arrives in Edinburgh

Queen Elizabeth II's coffin arrives in Edinburgh

Rediff.com11 Sep 2022

Thousands lined the route to catch a glimpse as Queen Elizabeth II's coffin, seen in public for the first time, made its journey on Sunday from Balmoral Castle in Aberdeenshire to arrive at the late monarch's official Scottish residence of Holyroodhouse Palace in the capital city of Edinburgh.

Inside the thriving world of India's private detectives

Inside the thriving world of India's private detectives

Rediff.com27 Jul 2018

There's a certain amount of drama to the profession. Sample these taglines: 'We can see the unseen'; 'I can plant my detective in your guest bedroom.' One agency has even ensured that all its phone numbers end in '007'.

China could've stopped virus, but didn't: Trump

China could've stopped virus, but didn't: Trump

Rediff.com21 May 2020

The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.

'Uncle Neil brought North East closer to India'

'Uncle Neil brought North East closer to India'

Rediff.com12 Jan 2022

'There was a certain difference that separated him from the rest. That's why his life is so celebrated, his loss is felt globally.'

Canada court orders seizure of Air India, AAI assets over dues

Canada court orders seizure of Air India, AAI assets over dues

Rediff.com4 Jan 2022

A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate orders were passed on November 24 and December 21 on pleas by shareholders of Devas Multimedia Private Limited who have filed multiple petitions to enforce arbitration awards against the Indian government. According to a Devas spokesperson, more than $30 million has been seized to date under the IATA action.

LSE, Deutsche Borse set to create world's biggest exchange

LSE, Deutsche Borse set to create world's biggest exchange

Rediff.com17 Mar 2016

If it goes ahead, the combination would create the world's biggest exchange by revenue.

6 Reasons Why It's Near Impossible To Defeat Modi

6 Reasons Why It's Near Impossible To Defeat Modi

Rediff.com5 Apr 2022

It may well be possible to defeat Modi. But nobody seems to know how, points out Vir Sanghvi.

10 Safe Stocks To Bet In Volatile Market

10 Safe Stocks To Bet In Volatile Market

Rediff.com20 Mar 2023

10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.

Rana Kapoor: Banker gone Rogue

Rana Kapoor: Banker gone Rogue

Rediff.com9 Jan 2021

'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.

Kabaddi World Cup: England hammer Argentina 68-28; Poland thrash USA

Kabaddi World Cup: England hammer Argentina 68-28; Poland thrash USA

Rediff.com15 Oct 2016

A terrific raiding performance by England saw them record a comfortable 68-28 win over Argentina in the Group A clash of the Kabaddi World Cup at the The Arena by TransStadia` in Ahmedabad on Friday.

Masala Bonds can be new funding source for Indian cos: IFC

Masala Bonds can be new funding source for Indian cos: IFC

Rediff.com10 Apr 2016

Companies stand to benefit in longer term from comparative pricing landscape

COVID-19: India's public debt ratio to jump to 90%

COVID-19: India's public debt ratio to jump to 90%

Rediff.com14 Oct 2020

India's public debt ratio, which remarkably remained stable at around 70 per cent of the GDP since 1991, is projected to jump by 17 percentage points to nearly 90 per cent because of increase in public spending due to COVID-19, the IMF said.

G20 action plan praises India for reforms, inclusive growth

G20 action plan praises India for reforms, inclusive growth

Rediff.com9 Jul 2017

It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.

Modi to chair virtual BRICS Summit on Sep 9

Modi to chair virtual BRICS Summit on Sep 9

Rediff.com6 Sep 2021

The meeting will be attended by Russian President Vladimir Putin, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Brazil's Jair Bolsonaro, according to the MEA.

Pak to stay on terror financing 'grey list' till Feb 2021

Pak to stay on terror financing 'grey list' till Feb 2021

Rediff.com23 Oct 2020

Pakistan failed to fulfil six of the 27 mandates so far as a result of which the country continues to be in the grey list of the FATF.

One-fifth of under-five deaths worldwide occur in India: UN

One-fifth of under-five deaths worldwide occur in India: UN

Rediff.com13 Sep 2013

India alone accounts for more than one-fifth of deaths worldwide of children under the age of five, according to a new UN report released today, which said nearly 6.6 million kids died globally, last year, before reaching their fifth birthday.

Is Tourism Destroying Goa?

Is Tourism Destroying Goa?

Rediff.com24 Feb 2023

Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.

'Entrepreneurship isn't a game of roulette'

'Entrepreneurship isn't a game of roulette'

Rediff.com1 Sep 2022

'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'

World's markets brace for Wednesday's leap second

World's markets brace for Wednesday's leap second

Rediff.com30 Jun 2015

The majority of global equity trading and a significant proportion of trading in bonds, currencies, commodities and derivatives, is done on electronic platforms

India prepares dossier to get Pak blacklisted for terror links

India prepares dossier to get Pak blacklisted for terror links

Rediff.com16 Feb 2019

A dossier will be given to the FATF, an international terror financing watchdog.

How chess became prodigy Praggnanandhaa's calling

How chess became prodigy Praggnanandhaa's calling

Rediff.com22 Feb 2022

'The win will change a lot of things in Praggu... the confidence in his potential will be one of them. The win has ensured a lot of visibility which will give him a lot of opportunities.'

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

Halep wins Canadian Open title; Murray edges Wawrinka

Halep wins Canadian Open title; Murray edges Wawrinka

Rediff.com16 Aug 2022

Simona Halep ended Beatriz Haddad Maia's dream run in Toronto

Why is the world economy being shaky?

Why is the world economy being shaky?

Rediff.com17 Feb 2016

One has to wonder what is so wrong with the European Union.

Economy will determine Modi's political future

Economy will determine Modi's political future

Rediff.com23 Jul 2020

'Mr Modi has a huge opportunity before him.' 'Whether he grabs it the way Mrs Gandhi did in 1969 or squanders it as he did in 2014 will determine his economic legacy,' notes T C A Srinivasa-Raghavan.

IFC to raise investment in India to $1 bn

IFC to raise investment in India to $1 bn

Rediff.com14 Nov 2003

The International Finance Corporation is planning to increase its investments in India to $1 billion in the next two years even as it has pumped in additional funds in a US-based company with operations in Chennai.

Bulli Bai app accused used Sikh names to create animosity: Police to court

Bulli Bai app accused used Sikh names to create animosity: Police to court

Rediff.com17 Jan 2022

The city police's cyber cell submitted its affidavit before the metropolitan magistrate in suburban Bandra opposing the bail pleas filed by the three accused in the case -- Vishal Kumar Jha, Shweta Singh and Mayank Rawat.

Foreign experts may quit Plan panel

Foreign experts may quit Plan panel

Rediff.com22 Sep 2004

The political storm over foreign consultants in the Planning Commission took a new turn on Wednesday amid indications that experts from the World Bank, McKinsey and ADB

The Kerala You Should Discover

The Kerala You Should Discover

Rediff.com3 Aug 2022

Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

British Queen's platinum jubilee has a Bollywood touch

British Queen's platinum jubilee has a Bollywood touch

Rediff.com31 May 2022

The Wedding Party will be performed in an elaborate Bollywood style, by 250 performers of all ages, from London, Birmingham, Leicester, Manchester, Southampton and Newcastle.

Jaitley tells PM he can't be in new government

Jaitley tells PM he can't be in new government

Rediff.com29 May 2019

In the four-paragraph letter, Jaitley said he had orally informed Modi about his desire not to be a part of the new BJP government to enable him to concentrate on treatment and health.

'In some ways, India is already a Hindu rashtra'

'In some ways, India is already a Hindu rashtra'

Rediff.com13 May 2022

'The way discrimination against Muslims has become almost normalised is very upsetting.'