News for 'The World Bank'

PHOTOS: US VP JD Vance, family begin 4-day India visit

PHOTOS: US VP JD Vance, family begin 4-day India visit

Rediff.com21 Apr 2025

US Vice President J D Vance and his wife Usha arrived in Delhi on Monday for a four-day visit. They were welcomed by Union Minister Ashwini Vaishnaw. Vance's visit comes amid ongoing trade talks between India and the US. Prime Minister Narendra Modi will host a dinner for the Vances on Monday evening after holding talks with the US Vice President. Vance and his family will also travel to Jaipur and Agra during their trip.

How To Apply For A Rs 20 Lakh Study Abroad Scholarship

How To Apply For A Rs 20 Lakh Study Abroad Scholarship

Rediff.com19 Mar 2025

The SBIF Asha Scholarship Programme for Overseas Education 2024-25 aims to provide financial assistance to meritorious students from low-income families across India, ensuring the continuity of their education.

Modi will sell off India and go: Kharge's dig at PM in Gujarat

Modi will sell off India and go: Kharge's dig at PM in Gujarat

Rediff.com9 Apr 2025

Congress president Mallikarjun Kharge has accused the BJP of rigging the Maharashtra assembly elections and called for a return to ballot paper voting. He also criticized the Modi government for selling off public assets, undermining democratic institutions, and promoting communal polarization. Kharge's remarks come as the Congress prepares for its AICC session in Ahmedabad, where it will present its political and economic views.

Bank of Baroda barred from onboarding fresh customers on 'bob World'

Bank of Baroda barred from onboarding fresh customers on 'bob World'

Rediff.com10 Oct 2023

The Reserve Bank of India on Tuesday barred state-owned Bank of Baroda from onboarding fresh customers on its mobile application 'bob World' with immediate effect, citing material supervisory concerns. "The Reserve Bank of India has, in exercise of its power, under Section 35A of the Banking Regulation Act, 1949, directed Bank of Baroda to suspend, with immediate effect, any further onboarding of their customers onto the 'bob World' mobile application," it said in a statement.

World Bank projects India's growth at over 6% in 2014-15

World Bank projects India's growth at over 6% in 2014-15

Rediff.com15 Jan 2014

According to the report, the global economy is projected to strengthen this year, with growth picking up in developing countries.

LS passes Waqf bill by 288-232 votes; Oppn's amendments rejected

LS passes Waqf bill by 288-232 votes; Oppn's amendments rejected

Rediff.com3 Apr 2025

The Lok Sabha passed the Waqf (Amendment) Bill, 2025, with the ruling NDA defending it as beneficial for minorities while the opposition called it "anti-Muslim". All amendments moved by the opposition were rejected and the bill was passed with 288 votes in favor and 232 against. Union Minorities Affairs Minister Kiren Rijiju asserted that India is the safest place in the world for minorities, refuting claims of their insecurity.

Pakistan's Saud Shakeel timed out after falling asleep!

Pakistan's Saud Shakeel timed out after falling asleep!

Rediff.com6 Mar 2025

Saud was playing for State Bank in the final and he was waiting for his turn to bat when two wickets fell in two balls, pacer Muhammad Shahzad dismissing Umar Amin and Fawad Alam.

Ex-central banker to replace Trudeau as Canada PM

Ex-central banker to replace Trudeau as Canada PM

Rediff.com10 Mar 2025

Carney defeated former cabinet minister Karina Gould, former finance minister and deputy prime minister Chrystia Freeland, and Businessman and former Liberal MP Frank Baylis. All four contenders entered the room to much fanfare and addressed the crowd, thanking supporters for injecting energy into the party.

Equity markets likely to trade in positive territory on Friday

Equity markets likely to trade in positive territory on Friday

Rediff.com10 Apr 2025

Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.

33 Years Before India Turns 'Old'

33 Years Before India Turns 'Old'

Rediff.com15 Jan 2025

'India is aging faster than many realise.'

So far so good for Tuchel as England win two in two

So far so good for Tuchel as England win two in two

Rediff.com25 Mar 2025

Six points was the minimum requirement for England's opening two games and while the opposition were not of the highest quality, Tuchel said they were useful tests.

JNPT to raise Rs 450 cr to pre-pay World Bank loan

JNPT to raise Rs 450 cr to pre-pay World Bank loan

Rediff.com10 Dec 2003

Jawaharlal Nehru Port Trust will raise Rs 450 crore (Rs 4.50 billion) to pre-pay high interest World Bank loan, the Lok Sabha was informed on Wednesday.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

GST rates will come down further: Sitharaman

GST rates will come down further: Sitharaman

Rediff.com8 Mar 2025

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slabs has "almost reached a finale". She said that the revenue neutral rate (RNR) has come down from 15.8 per cent at the time of the launch of GST on July 1, 2017, to 11.4 per cent in 2023.

'History Will Remember Him With Gratitude'

'History Will Remember Him With Gratitude'

Rediff.com27 Dec 2024

'During his stint as prime minister, he got 270 million people out of poverty.' 'This, according to the World Bank, is the fastest compression of poverty anywhere in the world.' Arvind Mayaram, the former finance secretary, recalls his encounters with Dr Manmohan Singh.

Pahalgam Attack: Unfinished Battle Against Terrorism

Pahalgam Attack: Unfinished Battle Against Terrorism

Rediff.com30 Apr 2025

The Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.

Trump's Tariffs: India Should Be Worried

Trump's Tariffs: India Should Be Worried

Rediff.com4 Apr 2025

While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.

Modi, Vance welcome progress on Indo-US bilateral trade pact

Modi, Vance welcome progress on Indo-US bilateral trade pact

Rediff.com22 Apr 2025

Prime Minister Narendra Modi and US Vice President JD Vance have expressed satisfaction with the progress made in negotiations for a bilateral trade agreement. The two leaders met in New Delhi and discussed a range of bilateral issues, including cooperation in energy, defense, strategic technologies, and other areas. They also exchanged views on regional and global issues of mutual interest.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

World Savings Day: Your Career Is Your BIGGEST Saving!

World Savings Day: Your Career Is Your BIGGEST Saving!

Rediff.com30 Oct 2024

The best way to achieve financial security isn't by cutting out every vada pav or limiting yourself to home-cooked meals; it's by making yourself indispensable at work, says Vatsal Ramaiya.

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

Pahalgam attack: What Putin, Trump, Netanyahu said

Pahalgam attack: What Putin, Trump, Netanyahu said

Rediff.com23 Apr 2025

World leaders, including US President Donald Trump, Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu, condemned the terror attack in Jammu and Kashmir that killed 26 people, expressing solidarity with India. The attack was claimed by The Resistance Front (TRF), a proxy of the Pakistan-based Lashkar-e-Taiba (LeT) terrorist group. The attack came during US Vice President J D Vance's maiden visit to India. Prime Minister Modi, who had arrived in Saudi Arabia on a two-day visit earlier in the day, cut short his visit and departed for New Delhi on Tuesday night following the attack.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

India Needs 75 Years To Reach 25% Of US GDP

India Needs 75 Years To Reach 25% Of US GDP

Rediff.com2 Aug 2024

According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more pronounced each decade.'

There will be no winner: Xi's warning to Trump

There will be no winner: Xi's warning to Trump

Rediff.com10 Dec 2024

Gearing up for Trump 2.0 era, Chinese President Xi Jinping on Tuesday cautioned there will be no winner in a tariff or tech wars between China and the United States and vowed that Beijing would firmly safeguard its interests.

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

Will step up security at tourist spots after Hampi incident: K'taka HM

Will step up security at tourist spots after Hampi incident: K'taka HM

Rediff.com9 Mar 2025

The minister also said moving forward, tourists visiting Karnataka will be briefed on the dos and don'ts to ensure their safety.

Watch Oscar-Winning Anora On OTT

Watch Oscar-Winning Anora On OTT

Rediff.com22 Mar 2025

Witches, werewolves, pilots, engineers, the OTT scene is bursting with all kinds of extremes this week, and Sukanya Verma lists them out.

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

Sensex ends down 330 points dragged by realty, healthcare stocks

Sensex ends down 330 points dragged by realty, healthcare stocks

Rediff.com24 Jan 2025

From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Tata Motors, IndusInd Bank, Reliance Industries, Larsen & Toubro, UltraTech Cement, HDFC Bank, Adani Ports and Bajaj Finserv were among the major laggards. On the other hand, Hindustan Unilever, Tech Mahindra, Nestle, Bharti Airtel and ICICI Bank were among the gainers.

Can RCB End IPL Jinx?

Can RCB End IPL Jinx?

Rediff.com19 Mar 2025

RCB will look to Virat Kohli not just for runs but also for inspiration as they chase that elusive IPL title -- a drought that has persisted for the last 17 years since the IPL's inception in 2008.

Adani in advance talks to acquire Emaar India

Adani in advance talks to acquire Emaar India

Rediff.com20 Mar 2025

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

'Pahalgam attack has a Hamas footprint'

'Pahalgam attack has a Hamas footprint'

Rediff.com28 Apr 2025

'It was inspired by the Hamas attack and was like their attack -- well planned and well executed.'

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

India serves notice to Pakistan seeking...

India serves notice to Pakistan seeking...

Rediff.com18 Sep 2024

India has served a formal notice to Pakistan seeking a review of the Indus Water Treaty, arguing that 'fundamental and unforeseen' changes in the circumstances require a reassessment of the pact.

Orissa to get Rs 2,200-cr aid from World Bank

Orissa to get Rs 2,200-cr aid from World Bank

Rediff.com28 Jan 2009

The package comprises three projects that will aim to improve the state's road network (with an allocation of $250 million or Rs 1,225 crore), its agricultural tank systems ($112 or Rs 548 crore) and increase livelihood opportunities for its rural poor ($82.4 million or Rs 404 crore).

Tata Power, BoB ink pact for rooftop solar projects

Tata Power, BoB ink pact for rooftop solar projects

Rediff.com6 Feb 2025

Tata Power Renewable Energy Ltd (TPREL) has partnered with Bank of Baroda to offer financing for residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. The partnership aims to make clean energy solutions accessible to households across India. Customers can avail loans up to Rs 6 lakh at an interest rate starting at 7 per cent per annum. The scheme offers flexible repayment tenures and requires a margin contribution of 10-20 per cent depending on the installation size.

'Delimitation Is Not A South Versus North Issue'

'Delimitation Is Not A South Versus North Issue'

Rediff.com31 Mar 2025

'There will be no change of seats for Delhi, Assam and Maharashtra.' 'Andhra, J&K, Kerala, Punjab, Karnataka, Tamil Nadu, Odisha, West Bengal and Telangana will lose seats while there will be an increase for MP, UP, Bihar, Haryana, Gujarat and Chhattisgarh.' 'It is a big mistake if you make it a north-south issue.'