News for 'The World Bank'

Haaland set for acting debut in animated Viking adventure

Haaland set for acting debut in animated Viking adventure

Rediff.com16 May 2026

Manchester City striker Erling Haaland is set to make his acting debut by voicing an animated version of himself in Viking adventure film Viqueens, scheduled for release in late 2026.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Besides a packet of Melody, here's what Modi gifted to Meloni

Besides a packet of Melody, here's what Modi gifted to Meloni

Rediff.com21 May 2026

Prime Minister Narendra Modi presented a range of culturally significant gifts during his recent five-nation tour, including a Muga silk stole for the Italian Prime Minister and Madhubani painting for the Dutch Prime Minister, showcasing India's rich artistic heritage.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com20 May 2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Rediff.com12 May 2026

US President Donald Trump is set to visit China for talks with President Xi Jinping on trade, global issues, and the Gulf war. The visit aims to address trade frictions and other key issues, with high expectations for progress.

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com13 May 2026

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com15 Apr 2026

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

Indian Weightlifters Aim High At Asian Championships

Indian Weightlifters Aim High At Asian Championships

Rediff.com10 May 2026

Indian weightlifters are set to compete in the Asian Championships, aiming to leverage home advantage and gain momentum for the upcoming Commonwealth and Asian Games.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Why Change India's Electoral System?

Why Change India's Electoral System?

Rediff.com23 May 2026

'Why are we deliberately taking apart an electoral system that has worked?' 'There is no answer to that, and there is no data and has never been any on the absurd slander that foreigners are voting here,' asserts Aakar Patel.

Digital Access, Data Governance Remain Challenges For India's DPI

Digital Access, Data Governance Remain Challenges For India's DPI

Rediff.com8 May 2026

Chief Economic Advisor V Anantha Nageswaran highlights the challenges of digital access, data governance, interoperability, and cyber security in India's digital public infrastructure (DPI), despite its world-class scale.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

'I Don't Want To Be Like My Mother'

'I Don't Want To Be Like My Mother'

Rediff.com11 May 2026

Esha Sandhu, Dr D S S Srinivas Prasad, Ipninder Singh pay tribute to their mothers.

Buying Gold Bars, Coins? Read This

Buying Gold Bars, Coins? Read This

Rediff.com14 May 2026

'It has always been viewed as a hedge against inflation.'

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Revanth Reddy to Speak at Harvard AI Symposium Amid Budget Session

Revanth Reddy to Speak at Harvard AI Symposium Amid Budget Session

Rediff.com26 Mar 2026

Telangana Chief Minister A Revanth Reddy will virtually deliver the keynote address at the Harvard Kennedy School's AI symposium, focusing on the global AI landscape.

Tensions flare as Palestinian FA chief snubs Israeli official at FIFA Congress

Tensions flare as Palestinian FA chief snubs Israeli official at FIFA Congress

Rediff.com1 May 2026

Palestinian soccer federation President Jibril Rajoub refused to stand alongside Israel FA Vice-President Basim Sheikh Suliman in a heated moment at the FIFA Congress on Thursday.

T20 World Cup: England bank on unity, belief, says Brook ahead of India semifinal

T20 World Cup: England bank on unity, belief, says Brook ahead of India semifinal

Rediff.com4 Mar 2026

England's captain, Harry Brook, emphasises the importance of unity, belief, and composure under pressure as the team prepares for their T20 World Cup semifinal clash against India.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

After IMF, India to oppose World Bank's $20 bn loan to Pak

After IMF, India to oppose World Bank's $20 bn loan to Pak

Rediff.com23 May 2025

India will oppose the World Bank funding to Pakistan next month, arguing that Islamabad has used such funds in the past to procure arms and ammunitions. India previously lobbied against the IMF extending a USD 2.3 billion assistance to Pakistan earlier this month, presenting evidence of Pakistan's misuse of funds for military purposes. India feels that Pakistan has failed to act on terror emanating from its territory and has been diverting funds from multilateral agencies to buy arms and ammunition.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

IDFC First Bank Pays Rs 583 Cr To Haryana Govt

IDFC First Bank Pays Rs 583 Cr To Haryana Govt

Rediff.com25 Feb 2026

'...even though the investigation in the matter is ongoing, we have paid 100 per cent of the principal and interest to relevant departments of the Haryana government.'

Ready for 'negotiations with dignity': Iranian Prez

Ready for 'negotiations with dignity': Iranian Prez

Rediff.com11 May 2026

Iranian President Masoud Pezeshkian stated that Iran is considering various paths to address regional tensions, including negotiations conducted with dignity and authority, while emphasising that military gains should be reinforced through diplomacy.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

India Post To Modernise Logistics Infrastructure

India Post To Modernise Logistics Infrastructure

Rediff.com7 May 2026

The government is planning a postal logistics infrastructure upgrade for India Post to modernise parcel facilities, aligning them with those in developed nations, according to Communications Minister Jyotiraditya Scindia.

How India Women's Hockey Team Is Preparing For World Cup, Asian Games

How India Women's Hockey Team Is Preparing For World Cup, Asian Games

Rediff.com18 Mar 2026

India's women's hockey team is preparing for the World Cup and Asian Games with a mix of overseas tours, competitive exposure, and national camps, according to chief coach Sjoerd Marijne.

Mudassar Aziz: 'Comedy Fascinates Me'

Mudassar Aziz: 'Comedy Fascinates Me'

Rediff.com13 May 2026

'We should want Saiyaara, Pati Patni Aur Woh Do, Animal and Dhurandhar to coexist. Let the audience decide what they connect with.'

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

Rediff.com23 Apr 2025

The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty. In its previous estimate, the World Bank had projected India's growth at 6.7 per cent for the fiscal year 2025-26.

'One Operation Sindoor Won't End Terror'

'One Operation Sindoor Won't End Terror'

Rediff.com10 May 2026

'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Rediff.com16 Apr 2026

Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.

Cognizant's Technoverse Hackathon 2026 Aims to Upskill Engineering Students in AI

Cognizant's Technoverse Hackathon 2026 Aims to Upskill Engineering Students in AI

Rediff.com14 Apr 2026

Cognizant has announced the launch of Technoverse Hackathon 2026, a national platform for engineering students to demonstrate AI-powered problem-solving skills in various industries. The hackathon aims to bridge academic learning with real-world applications and promote innovation.