News for 'The World Bank'

PIX: Ayodhya Deepotsav glows with 26 lakh diyas, sets world record

PIX: Ayodhya Deepotsav glows with 26 lakh diyas, sets world record

Rediff.com20 Oct 2025

In the largest display of oil lamps, 2,617,215 diyas were lit along the banks of the Saryu River. During the event, many participants engaged in a simultaneous 'diya' rotation.

Silver, gold futures decline as traders book profits after record highs

Silver, gold futures decline as traders book profits after record highs

Rediff.com30 Jan 2026

Silver and gold prices declined sharply in the futures trade on Friday as traders booked profits at elevated levels after a record-breaking rally, tracking a bearish sentiment in global markets and a rebound in the US dollar.

8 Most Unusual Museums In India

8 Most Unusual Museums In India

Rediff.com5 Feb 2026

Some Indian museum collections go far beyond the expected, unlocking quirky facts you never knew about. Or displaying the most intriguing items.

Gold, Silver Surge Pushes Jan Import Bill Up

Gold, Silver Surge Pushes Jan Import Bill Up

Rediff.com19 Feb 2026

Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.

Ex-bus conductor, paediatrician among 45 Padma Shri 'unsung heroes'

Ex-bus conductor, paediatrician among 45 Padma Shri 'unsung heroes'

Rediff.com25 Jan 2026

India announces Padma Shri awards for 45 individuals, recognizing 'unsung heroes' like a former bus conductor who created the world's largest free library and a pediatrician who established Asia's first human milk bank.

FIDE World Cup: Arjun lone warrior for India after Harikrishna falls

FIDE World Cup: Arjun lone warrior for India after Harikrishna falls

Rediff.com16 Nov 2025

India's hopes in the FIDE World Cup 2025 will depend solely on second seed GM Arjun Erigaisi after GM P Harikrishna went down in the fifth round tiebreak against GM Jose Eduardo Martinez Alcantara in Panaji, Goa, on Sunday, as per a release from FIDE.

Unity first: Marijne's discipline reset for hockey team

Unity first: Marijne's discipline reset for hockey team

Rediff.com4 Feb 2026

Back as chief coach of the Indian women's hockey team after a four-year hiatus, Sjoerd Marijne is focussed on bringing back unity, discipline and culture in the side, with eyes firmly set on creating a group to qualify for 2028 Los Angeles Olympics.

WPL auction: UP Warriorz break the bank for Deepti!

WPL auction: UP Warriorz break the bank for Deepti!

Rediff.com27 Nov 2025

The seasoned duo of Meg Lanning and Sophie Devine were also among the marquee picks. Giants bought Devine for Rs 2 crore, while UP Warriorz landed Lanning for Rs 1.90 crore.

World Champions Set For Brand Windfall

World Champions Set For Brand Windfall

Rediff.com4 Nov 2025

Harmanpreet Kaur, Smrit Mandhana, Deepti Sharma, Shafali Verma, and Jemimah Rodrigues are poised to see an uplift of 25 to 35 per cent in brand value.

'Death is...': Chilling details from Ghaziabad sisters' diary

'Death is...': Chilling details from Ghaziabad sisters' diary

Rediff.com5 Feb 2026

"Death is better for us than your beatings. That is why we are committing suicide... Sorry Papa."

Gmail, Facebook, Netflix passwords of 149 million users leaked

Gmail, Facebook, Netflix passwords of 149 million users leaked

Rediff.com24 Jan 2026

The publicly exposed data includes 48 million accounts on Gmail, 4 million on Yahoo, 17 million on Facebook, 6.5 million on Instagram, 3.4 million on Netflix, 1.5 million on Outlook, etc.

U-19 WC: India eye revenge against Pakistan in Super Six

U-19 WC: India eye revenge against Pakistan in Super Six

Rediff.com31 Jan 2026

India face arch-rivals Pakistan in a high-stakes U-19 World Cup Super Six clash, seeking revenge for their crushing Asia Cup final defeat in Bulawayo.

India bank on Kohli-Rohit magic to seal ODI series

India bank on Kohli-Rohit magic to seal ODI series

Rediff.com2 Dec 2025

A record-extending 52nd ODI century by Virat Kohli and a rapid 57 from Rohit Sharma paved the way for India's victory in the series-opener in Ranchi.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

India-US Deal Shields Farmers

India-US Deal Shields Farmers

Rediff.com4 Feb 2026

New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

'Indian Army Has Free Hand To Deal With China'

'Indian Army Has Free Hand To Deal With China'

Rediff.com17 Feb 2026

'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'

Silver's breakout drags gold-silver ratio to lowest in over a decade

Silver's breakout drags gold-silver ratio to lowest in over a decade

Rediff.com8 Jan 2026

ilver continues to outperform the yellow metal, with the gold-to-silver price ratio declining to its lowest level since 2013. The ratio fell to around 57 on Wednesday in the international market, from a five-year high of 100.8 at the end of April 2025.

VIDEO: Modi makes historic landing at Assam highway airstrip

VIDEO: Modi makes historic landing at Assam highway airstrip

Rediff.com14 Feb 2026

Prime Minister Narendra Modi inaugurated the Northeast's first Emergency Landing Facility in Assam, boosting regional defense and disaster response capabilities.

'Bihar Supplies Labour To The World...'

'Bihar Supplies Labour To The World...'

Rediff.com12 Nov 2025

'...yet struggles to convert that human capital into domestic productivity.'

Indian banks' NPAs alarm World Bank

Indian banks' NPAs alarm World Bank

Rediff.com22 Jul 2003

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.

Ranji Trophy quarters: Mumbai, Karnataka gear up for fierce battle

Ranji Trophy quarters: Mumbai, Karnataka gear up for fierce battle

Rediff.com5 Feb 2026

Mumbai, Karnataka brace for 'mini India' showdown in marquee Ranji QF match

Bharti Leads CY25 Market-Cap Surge

Bharti Leads CY25 Market-Cap Surge

Rediff.com10 Jan 2026

All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.

World Bank blacklists Videocon Industries

World Bank blacklists Videocon Industries

Rediff.com4 May 2010

The World Bank has blacklisted Videocon Industries on allegations of fraud and corruption for three years.

Upset alert: Jadumani stuns Panghal at boxing nationals

Upset alert: Jadumani stuns Panghal at boxing nationals

Rediff.com9 Jan 2026

Promising youngster Jadumani Singh upstaged seasoned campaigner Amit Panghal to storm into the final

Sabalenka, Rybakina renew fierce rivalry in Australian Open title showdown

Sabalenka, Rybakina renew fierce rivalry in Australian Open title showdown

Rediff.com30 Jan 2026

Sabalenka primed for Rybakina rematch with eyes on third Australian Open crown

Procurement: World Bank offers help

Procurement: World Bank offers help

Rediff.com10 Nov 2006

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.

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.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

India gets $1.75 bn World Bank loan for health, private investment

India gets $1.75 bn World Bank loan for health, private investment

Rediff.com1 Jul 2022

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.

IMF raises India's GDP growth projection to 7.3% for FY26

IMF raises India's GDP growth projection to 7.3% for FY26

Rediff.com19 Jan 2026

The IMF on Monday raised India's growth projection to 7.3 per cent for fiscal 2025-26, up 0.7 percentage point from its October forecast, on the back of better-than-expected performance of the economy. The Washington-headquartered multilateral lending agency has also revised India's Gross Domestic Product (GDP) growth forecast to 6.4 per cent for fiscal year 2026-27 beginning April 1, 2026, from its earlier estimate of 6.2 per cent.

World Bank stops all projects in Russia, Belarus with 'immediate effect'

World Bank stops all projects in Russia, Belarus with 'immediate effect'

Rediff.com3 Mar 2022

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.

Gold holding of domestic ETFs surges to 6th highest globally

Gold holding of domestic ETFs surges to 6th highest globally

Rediff.com20 Jan 2026

Domestic gold exchange-traded funds (ETFs) saw their holdings jump 65 per cent to 95 tonnes in 2025, elevating Indian ETFs to sixth place globally, going by holdings of the yellow metal. At the end of 2024, they ranked eighth with 57.5 tonnes of holding, according to an analysis of data from the World Gold Council (WGC).

World Bank India report upgrades FY22-23 GDP growth to 6.9%

World Bank India report upgrades FY22-23 GDP growth to 6.9%

Rediff.com6 Dec 2022

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.

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Rediff.com29 Jan 2026

The SC has gone a step further to state that even if one were to not apply the codified GAAR provisions, the judicial GAAR would continue to apply, point out Pranav Sayta and Bhargav Selarka.

Indian Economy To Grow At Robust 6.6%: World Bank

Indian Economy To Grow At Robust 6.6%: World Bank

Rediff.com11 Jan 2023

'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.

Budget 2026: Next 5 Reforms Needed To Boost Growth

Budget 2026: Next 5 Reforms Needed To Boost Growth

Rediff.com28 Jan 2026

Sustaining 8 per cent-plus growth rates is necessary if we are to reach high-income status by 2047, points out Amitabh Kant.

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

Rediff.com24 Mar 2023

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.

'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.