News for 'The World Bank Group'

Sensex ends below 27,400; ITC, metals drag

Sensex ends below 27,400; ITC, metals drag

Rediff.com14 Jan 2015

Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.

Imran Khan in US, will meet Trump on Monday

Imran Khan in US, will meet Trump on Monday

Rediff.com21 Jul 2019

Nawaz Sharif was the last Pakistani prime minister to visit the US on an official trip in October 2015.

Elections Are MUST For Democracy

Elections Are MUST For Democracy

Rediff.com8 Nov 2022

Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.

Shourie's selective memory

Shourie's selective memory

Rediff.com11 Aug 2003

Union ministers join in on 'boycott Chinese products' call

Union ministers join in on 'boycott Chinese products' call

Rediff.com18 Jun 2020

Union minister Ram Vilas Paswan appealed to people to boycott products from China and also directed officials of his ministry not to procure any Chinese products for day-to-day office use while his ministerial colleague Ramdas Athawale said all restaurants and hotels that sell Chinese food in India should be closed down.

India to grow at 7.3% in 2018, 7.4% in 2018, says IMF

India to grow at 7.3% in 2018, 7.4% in 2018, says IMF

Rediff.com9 Oct 2018

If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.

Nurturing talent: ICICI, Infy among world's best

Nurturing talent: ICICI, Infy among world's best

Rediff.com23 Nov 2009

The Indian arm of global FMCG major Unilever, Hindustan Unilever, was ranked at the fourth spot, Aditya Birla Group was at the sixth spot, Infosys Tech was ranked eighth and another IT major Wipro cornered the 10th slot.

Index heavyweights lift Sensex, Nifty to lifetime highs

Index heavyweights lift Sensex, Nifty to lifetime highs

Rediff.com11 Jun 2021

Dr Reddy's was the top gainer in the Sensex pack, rising over 3 per cent, followed by PowerGrid, TCS, HCL Tech, Infosys and Reliance Industries. On the other hand, L&T, IndusInd Bank, Bajaj Finserv and Bharti Airtel were among the laggards.

TCS to buy IFC stake in WTI Advanced Tech

TCS to buy IFC stake in WTI Advanced Tech

Rediff.com14 Jun 2004

TCS will acquire 20.67 per cent in WTI Advanced Technology for which it has reached an agreement with the International Finance Corporation, the private lending arm of the World Bank.

Insurers likely to further tighten underwriting norms for term plans

Insurers likely to further tighten underwriting norms for term plans

Rediff.com29 Sep 2021

Come October, life insurers may have to tighten their underwriting standards further for retail term plans at the behest of one of the largest reinsurers in the Indian insurance market, Munich Re. According to a source aware of the development, "Munich Re has been studying long-term mortality trends for the past few years, and has suggested some tightening in the underwriting process." "As far as financial underwriting is concerned, the reinsurer has suggested that insurers should ask for additional documents. "For example, apart from income proof, they can ask for bank statements of the prospective customer before issuing policies," added the source.

We need Modi the Thanedar, not Chowkidar

We need Modi the Thanedar, not Chowkidar

Rediff.com8 Apr 2022

I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.

WTA threatens to pull out of tournaments in China over Peng

WTA threatens to pull out of tournaments in China over Peng

Rediff.com19 Nov 2021

An outcry over the whereabouts of Chinese tennis star Peng Shuai escalated on Friday as the Women's Tennis Association (WTA) said it was prepared to pull its tournaments out of China if they were not satisfied with the response to her sexual assault allegation.

Make in India - a jugalbandi of IT and manufacturing skills: Anand Mahindra

Make in India - a jugalbandi of IT and manufacturing skills: Anand Mahindra

Rediff.com21 Jun 2015

The Mahindra Group struck up a series of high- profile deals with international aerospace players at the Air Show in Paris.

Why Videocon is staring at liquidation

Why Videocon is staring at liquidation

Rediff.com10 Aug 2020

Before the pandemic hit the world and led to shutdowns, the company had received nearly half a dozen offers. But bidders are now withdrawing. They want to reassess the situation. They want to conserve cash and avoid acquisition.

Modi calls for global efforts to check black money menace

Modi calls for global efforts to check black money menace

Rediff.com16 Nov 2015

Prime Minister Narendra Modi asked G20 nations to freeze and repatriate unaccounted money hoarded abroad.

G-20 announces $5 trillion to deal with Covid crisis

G-20 announces $5 trillion to deal with Covid crisis

Rediff.com27 Mar 2020

The G-20 leaders under the chairmanship of Saudi Arabia's King Salman held an extraordinary video conference in which they resolved to use all available policy tools to minimise the economic and social damage from the pandemic that has killed over 21,000 people and infected more than 470,000 globally.

How XLRI cracked 100 per cent placement

How XLRI cracked 100 per cent placement

Rediff.com26 Feb 2021

Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.

'With reshuffle, there is an acceptance of some failures'

'With reshuffle, there is an acceptance of some failures'

Rediff.com23 Jul 2021

'Visibly there is a posturing that everything is fine. That creates a bit of a problem.'

Patanjali acquires bankrupt Ruchi Soya for Rs 4,350 crore

Patanjali acquires bankrupt Ruchi Soya for Rs 4,350 crore

Rediff.com18 Dec 2019

Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible oil plants as also soyabean oil brands such as Mahakosh and Ruchi Gold.

He helps Indian banks raise money in London

He helps Indian banks raise money in London

Rediff.com26 Aug 2016

In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story

'Growth will definitely be less than 8%'

'Growth will definitely be less than 8%'

Rediff.com23 May 2022

'There will be positive growth, but if you ask me whether we are going to have the original growth rate of 8%, the answer will be, no.'

National Hydrogen Policy unveiled. Here are the details

National Hydrogen Policy unveiled. Here are the details

Rediff.com17 Feb 2022

The government on Thursday allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and Renewable Energy Minister Raj Kumar Singh said the government is targeting production of 5 million tonnes of green hydrogen by 2030. Oil refineries to steel plants require hydrogen to produce finished products.

SC upholds Aadhaar, says it's not needed for cellphones, banks

SC upholds Aadhaar, says it's not needed for cellphones, banks

Rediff.com27 Sep 2018

The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Rediff.com1 Sep 2021

Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).

A room with the worst view in the world!

A room with the worst view in the world!

Rediff.com10 Mar 2017

A day before iconic street artist Banksy opens Walled Off -- his hotel in Bethlehem, a few feet away from the Israel-Palestine Wall -- we take you inside on a tour.

No Chinese upmanship at BRICS please!

No Chinese upmanship at BRICS please!

Rediff.com4 Sep 2017

'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.

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