News for 'The World Bank'

Manu Bhaker Shares Her Winning Mindset!

Manu Bhaker Shares Her Winning Mindset!

Rediff.com13 Oct 2025

Manu Bhaker said she is banking on her ability to go the extra mile in training to achieve success in upcoming events, including World Championships and World Cup Finals.

Fitch raises India's FY26 GDP forecast to 6.9%

Fitch raises India's FY26 GDP forecast to 6.9%

Rediff.com10 Sep 2025

Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9 per cent for current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led demand.

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Rediff.com31 Oct 2025

Prime Minister Narendra Modi on Friday launched a sharp attack on country's first premier Jawaharlal Nehru, claiming he prevented Sardar Vallabhbhai Patel from fully integrating Kashmir into the Indian Union.

'India's best example is technology': Modi while inviting global investors

'India's best example is technology': Modi while inviting global investors

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Thursday invited global businesses to participate in the growth story of India, which is the fastest growing large economy of the world.

Fulton banks on experience as India target Asia Cup, WC spot

Fulton banks on experience as India target Asia Cup, WC spot

Rediff.com28 Aug 2025

'We haven't won the tournament for a while and the objective is to be No.1 in Asia and we will be pushing hard for the next 10 days.'

'BRICS bank could become future World Bank'

'BRICS bank could become future World Bank'

Rediff.com27 Mar 2013

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.

'BJP Isn't Undefeatable In North India, But...'

'BJP Isn't Undefeatable In North India, But...'

Rediff.com19 Nov 2025

'...the electoral playing field is tilted significantly in its favour.'

1st major contact with Pak since Op Sindoor: India alerts Pak about flood

1st major contact with Pak since Op Sindoor: India alerts Pak about flood

Rediff.com25 Aug 2025

It is the first major contact of its kind since the Pakistan-India conflict in May, the paper said, citing sources.

World Bank chief meets FM

World Bank chief meets FM

Rediff.com19 Aug 2005

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.

Is fighting for farmers anti-national? Medha Patkar slams BJP walkout

Is fighting for farmers anti-national? Medha Patkar slams BJP walkout

Rediff.com2 Jul 2025

The panel, headed by Congress MP Saptagiri Sankar Ulaka, had called Patkar to hear her views on the implementation and effectiveness of the land acquisition law enacted by Parliament when the Congress-led UPA government was in power in 2013.

'A Domestic Dispute That Became A National Dispute'

'A Domestic Dispute That Became A National Dispute'

Rediff.com7 Nov 2025

'I wanted to go for the heart, and at the same time, open the audience's mind.'

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

World Bank president meets PM

World Bank president meets PM

Rediff.com19 Nov 2004

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 series perfect prequel to Ashes: Marsh

India series perfect prequel to Ashes: Marsh

Rediff.com13 Oct 2025

Cummins remains a doubtful for the Ashes opener at Perth starting on November 21 but Marsh is among the players who would be in fray for selection for the opening Test of the five-match series.

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Rediff.com8 Oct 2025

Payment apps PhonePe and Paytm have helped citizens avert potential financial frauds worth Rs 200 crore by using the fraud risk indicator platform developed by the Department of Telecom, a senior Walmart group official said on Wednesday.

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

Rediff.com7 Oct 2022

About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

Bumrah Vs Rabada: Battle Of Fire At Eden!

Bumrah Vs Rabada: Battle Of Fire At Eden!

Rediff.com14 Nov 2025

The series promises a fascinating duel between the two modern-day pace greats.

Satyam wins World Bank contract

Satyam wins World Bank contract

Rediff.com18 Jun 2003

Satyam Computer Services on Wednesday announced the winning of a new long-term contract from its existing customer, the World Bank whereby it has been chosen as the World Bank's primary offshore IT services partner.

World Bank may double lending

World Bank may double lending

Rediff.com24 Sep 2003

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

World Bank: Profiting from poverty

World Bank: Profiting from poverty

Rediff.com16 Apr 2005

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

World Bank approves $1bn COVID-19 aid for India

World Bank approves $1bn COVID-19 aid for India

Rediff.com3 Apr 2020

The World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka.

Pakistan says India shared flood information, but...

Pakistan says India shared flood information, but...

Rediff.com6 Sep 2025

Pakistan has urged India to fully adhere to the Indus Water Treaty (IWT), expressing concerns about the level of detail in flood information shared through diplomatic channels.

World Bank suspends Mumbai loans

World Bank suspends Mumbai loans

Rediff.com3 Mar 2006

US Treasury's David Malpass bags World Bank's top job

US Treasury's David Malpass bags World Bank's top job

Rediff.com5 Apr 2019

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.

'Digital arrest' most dreaded threat to citizens: President Murmu

'Digital arrest' most dreaded threat to citizens: President Murmu

Rediff.com27 Oct 2025

President Droupadi Murmu addressed Indian Police Service probationers, highlighting the growing threat of 'digital arrest' scams and emphasizing the importance of ethical policing and public service.

World Bank sees India growing at 8.3% in 2021

World Bank sees India growing at 8.3% in 2021

Rediff.com8 Jun 2021

The World Bank on Tuesday projected India's economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is being hampered by an unprecedented second wave of the COVID-19, the largest outbreak in the world since the beginning of the deadly pandemic. The Washington-based global lender, in its latest issue of Global Economic Prospects released here, noted that in India, an enormous second COVID-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of Fiscal Year 2020/21, especially in services.

World Bank sanguine on Jharkhand

World Bank sanguine on Jharkhand

Rediff.com15 Jun 2007

A report released by the World Bank had indicated that the financial and socio-economic health of Jharkhand may improve earlier than expected.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Rajan criticises IMF, World Bank

Rajan criticises IMF, World Bank

Rediff.com11 Apr 2014

Reserve Bank Governor Raghuram Rajan today criticised multilateral institutions like the IMF and the World Bank saying "they are not immune to cognitive capture".

Anupam Mittal's Dhandha Mantra For Start-Up Success

Anupam Mittal's Dhandha Mantra For Start-Up Success

Rediff.com23 Oct 2025

'First, develop the ability to sell -- to persuade, negotiate and close. Second, understand the financial mechanics that determine where value pools and how profits are captured,' says Shaadi.com founder Anupam Mittal.

World Bank praises CMP

World Bank praises CMP

Rediff.com10 Jun 2004

Finding "sense" in the Common Minimum Programme of the United Progressive Alliance government, the World Bank on Thursday said India could at least grow by 6 per cent over the long term, but containing fiscal deficit was important.

Kali Choudhury: From Hemet To Hollywood Park

Kali Choudhury: From Hemet To Hollywood Park

Rediff.com30 Sep 2025

Dr Kali P Choudhury, a visionary entrepreneur immigrated to the United States with almost nothing and built his estate in Hemet before turning his focus to Inglewood.

Rajan a 'great' central bank governor: World Bank Prez

Rajan a 'great' central bank governor: World Bank Prez

Rediff.com30 Jun 2016

Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.

Why We Must Worry About India's Human Rights Record

Why We Must Worry About India's Human Rights Record

Rediff.com18 Oct 2025

In May, 40 Rohingyas were blindfolded and flown to the Andaman and Nicobar islands and then thrown into the sea and made to swim to an island in Myanmar. And after the Pahalgam attack, at least 300 Muslims were 'pushed back' to Bangladesh from Assam.

Will Tata Sons Go Public?

Will Tata Sons Go Public?

Rediff.com13 Oct 2025

Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.