'When I asked for an amicable separation, I was told that my professional background & achievements were irrelevant & was advised to take up work as a cleaner or in a supermarket in the small village where we lived in Austria, simply to retain the joint custody of my children.'
World Bank has sounded the warning bells for Indian banks and financial institutions on their high non-performing assets and the risks of suffering losses if interest rate starts rising.
'Despite the large number of missiles and drones we have already launched, we still possess reserves and missile cities whose doors have not yet been opened,' says Iran's Consul-General Saeid Reza Mosayeb Motlagh.
India's real GDP grew 8.2 percent in the second quarter of 2025-26, up from 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last fiscal.
What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.
A preview of the 2026 IPL season, highlighting the challenges faced by defending champions Royal Challengers Bengaluru, the redemption quests of legacy teams, the relevance of veteran players, and the emergence of future stars.
The World Bank has blacklisted Videocon Industries on allegations of fraud and corruption for three years.
Unbeaten South Africa take on a dangerous New Zealand side in the T20 World Cup semi-final at Eden Gardens, with the Proteas wary of complacency in the knockout stage.
Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).
There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.
Petroleum Sports Promotion Board (PSPB) men secured a dominant victory at the Senior Table Tennis National Championships, while Reserve Bank of India (RBI) women reclaimed their title after two years.
If SRH's batting unit fires consistently and the bowlers find rhythm, they have the potential to challenge for the playoffs.
'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'
World Bank on Friday offered to help India to improve its public procurement system and said even a marginal improvement in efficiency can yield huge savings.
"It is important that development agencies be able to continue their work unhindered by fear or violence, the bank said.
'I'm not sure how many games he will play. But his presence in the dressing room will help a lot.'
New Zealand batter Daryl Mitchell says Kiwis focus on winning 'little moments' as they prepare for South Africa semi-final showdown.
The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.
'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'
Eid al-Fitr was celebrated across India with prayers for peace and brotherhood, alongside protests condemning US-Israel actions in West Asia.
This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.
The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth. Of the total loan, $1 billion will go towards the health sector, while the rest $750 million will be in the form of development policy loan (DPL) to fill the financing gaps through private sector investment in the economy. The World Bank Board of Executive Directors approved two complementary loans of $500 million each to support and enhance India's health sector.
The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the people of the war-torn country. On February 24, Russian forces launched military operations in Ukraine, three days after Moscow recognised Ukraine's breakaway regions - Donetsk and Luhansk - as independent entities. The decision comes as a large number of countries, organisations and businesses are severing ties and have imposed sanctions on Russia over the country's invasion of Ukraine, and with Belarus for its support and cooperation with Moscow.
The BRICS Development Bank could become a World Bank in future due to the increasing influence of emerging countries, chairman of Goldman Sachs Asset Management said on Wednesday.
New Zealand's Mark Chapman believes their frequent matches against Pakistan will give them an edge in their T20 World Cup Super 8s match. He also discussed adapting to the slower Sri Lankan pitches and Mitchell Santner's fitness.
World Bank president Paul Wolfowitz on Friday met Finance Minister P Chidambaram and discussed the progress of Bank funded projects in India and country's future loan requirements.
In which area of Indian life are women not running the show?
'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'
India's handling of the Iran crisis reflects a growing strain between strategic autonomy and geopolitical alignment, observes Ambassador M K Bhadrakumar.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, from 6.5 per cent earlier.
Shaheed Diwas 2026: India observes Martyrs' Day on March 23, marking 95 years since Bhagat Singh, Rajguru and Sukhdev were hanged by the British in 1931. PM Modi leads tributes. History, significance, quotes and how the nation is remembering the martyrs today.
The Open Quantum Institute, a joint initiative by GESDA and CERN, aims to ensure that quantum computing is accessible to all when it becomes widely available, fostering global collaboration and capacity building.
'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.
World Bank President James D Wolfensohn on Friday called on Prime Minister Manmohan Singh at his residence as he wrapped up his 3-day visit to India.
India take on Australia in the 1st Women's ODI in Brisbane after a historic T20I series win. Alyssa Healy returns for her farewell ODI series, while Smriti Mandhana leads India's charge.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.
The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.
The Open Quantum Institute (OQI), a joint initiative by Geneva Science and Diplomacy Anticipator (GESDA) and CERN, aims to ensure equitable access to quantum computing when it becomes widely available, fostering international cooperation and addressing societal implications.
India was among the countries not present in Davos when US President Donald Trump unveiled his "Board of Peace" that seeks to work towards bringing lasting peace to Gaza and possibly resolve global conflicts. India is yet to take a call on it, people familiar with the matter said when asked about Trump's invite to PM Modi.
