News for 'The World Bank'

'Conspicuously muted': Sonia Gandhi slams govt's Palestine stance

'Conspicuously muted': Sonia Gandhi slams govt's Palestine stance

Rediff.com25 Sep 2025

Congress leader Sonia Gandhi criticizes the Modi government's stance on Palestine, calling it a 'profound silence' and an abdication of humanity and morality. She argues that India needs to demonstrate leadership on the issue and that the government's actions are driven by personal friendship rather than constitutional values or strategic interests.

World Bank on what India needs to do to keep remittances steady

World Bank on what India needs to do to keep remittances steady

Rediff.com8 Jan 2015

The World Bank in its report said the relative importance of remittances as a source of external resources is expected to increase further.

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

India must take innovation to the poor: World Bank

India must take innovation to the poor: World Bank

Rediff.com5 Oct 2007

Disparities in productivity levels across firms within manufacturing sectors is wider in India than in China, Mexico, Russia and Korea, said Mark Dutz, World Bank Senior Economist and editor of the report -- Unleashing India's Innovation.

India may grow at 5.5% in FY04: World Bank

India may grow at 5.5% in FY04: World Bank

Rediff.com1 May 2003

World Bank on Thursday said that the Indian economy is likely to grow by 5.5 per cent this fiscal, which can increase to 7-8 per cent in the coming years, provided the reforms are speeded up.

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Rediff.com7 Oct 2025

Prime Minister Narendra Modi inaugurates the Navi Mumbai International Airport and a portion of the Mumbai Metro Line, marking significant improvements to transportation infrastructure in Mumbai.

World Bank finances Rs 224 bn worth projects in India

World Bank finances Rs 224 bn worth projects in India

Rediff.com25 Apr 2012

Seven World Bank-sponsored projects, worth about Rs 22,426 crore (Rs 224.26 billion), are being implemented across the country to improve delivery in centrally-funded schemes and meet other objectives, the government said on Wednesday.

Birthday boy Gill gears up for Asia Cup challenge

Birthday boy Gill gears up for Asia Cup challenge

Rediff.com8 Sep 2025

He has since matured into a complete three-format player: 2,647 runs in 37 Tests at 41.35, 2,775 runs in 55 ODIs at a Bradmanesque 59.04, and 578 runs in 21 T20Is.

'Pakistan May Get More Adventurous Towards India'

'Pakistan May Get More Adventurous Towards India'

Rediff.com4 Oct 2025

'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'

Frederick Forsyth Made Us Think About The World's Fault Lines

Frederick Forsyth Made Us Think About The World's Fault Lines

Rediff.com10 Jun 2025

He was a storyteller who made me feel the pulse of history, the stakes of human ambition, and the thrill of a well-told tale. Prem Panicker recalls his debt to Frederick Forsyth, who passed away on Monday.

Data Protection Rules Coming by Year-End

Data Protection Rules Coming by Year-End

Rediff.com2 Sep 2025

'One has to be very mindful because it will be applicable for big tech platforms and even for banks and insurers, whose business is completely different.'

Global headwinds likely to show in IT firms' Q2 results

Global headwinds likely to show in IT firms' Q2 results

Rediff.com8 Oct 2025

Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year.

'This Is Why Trump Has Scored'

'This Is Why Trump Has Scored'

Rediff.com24 Oct 2025

'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'

PIX: Back from ban, China's Zhao is World snooker champion

PIX: Back from ban, China's Zhao is World snooker champion

Rediff.com6 May 2025

Zhao Xintong received a 20-month ban in January 2023 after a match-fixing scandal that rocked the sport, the repercussions of which meant he was classed as an amateur at the World Snooker Championship.

Sitharaman urges India Inc to invest more and expand capacities

Sitharaman urges India Inc to invest more and expand capacities

Rediff.com18 Sep 2025

Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.

World Bank keen to double aid to India to $4 bn

World Bank keen to double aid to India to $4 bn

Rediff.com29 Apr 2004

The World Bank is eager to double its assistance to India to about $3-4 billion this fiscal, of which $2 billion could be for infrastructure development alone.

World Bank to extend $1.5 bn support to Swachh Bharat Mission

World Bank to extend $1.5 bn support to Swachh Bharat Mission

Rediff.com23 Mar 2016

The Cabinet on Wednesday approved $1.5 billion (about Rs 9,000 crore) World Bank support for the Swachh Bharat Mission (SBM) in rural areas.

Sovereign wealth funds, pension players leave other FPIs blinking

Sovereign wealth funds, pension players leave other FPIs blinking

Rediff.com30 Sep 2025

Entities controlled by governments - sovereign wealth funds, and pension funds - have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs) over the past five years.

China's GDP set to decline to 7.7%: World Bank

China's GDP set to decline to 7.7%: World Bank

Rediff.com8 Oct 2012

Weak exports and lower investment growth will cut down China's GDP growth, the World Bank said.

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

Huge prize pot for revamped Club World Cup champions

Huge prize pot for revamped Club World Cup champions

Rediff.com26 Mar 2025

Numerous players and coaches, including England captain Harry Kane, have voiced concern over player welfare with the revamped Club World Cup meaning less time off between seasons.

Core sector: India to get $4.3 bn World Bank loan

Core sector: India to get $4.3 bn World Bank loan

Rediff.com23 Sep 2009

Of this $2 billion is Banking Sector Support Loan, which will provide budgetary support to India, helping it maintain its broad economic stimulus program by enhancing the capital of select public sector banks.

World Bank to give Rs 5,000 cr loan to PowerGrid

World Bank to give Rs 5,000 cr loan to PowerGrid

Rediff.com15 Jan 2009

The World Bank will give a loan of $1 billion (about Rs 5,000 crore) to power transmission company PGCIL this year for developing infrastructure in the sector.

Will Japan's Iron Lady Deepen India-Japan Ties?

Will Japan's Iron Lady Deepen India-Japan Ties?

Rediff.com15 Oct 2025

As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.

Robust growth should have large impact on the poor: World Bank

Robust growth should have large impact on the poor: World Bank

Rediff.com23 Jan 2015

Global growth should have a large impact on the poor, says World Bank.

S Asia to grow at 7.2%: World Bank

S Asia to grow at 7.2%: World Bank

Rediff.com20 Apr 2004

World Bank to lend $14 billion to fight poverty in

World Bank to lend $14 billion to fight poverty in

Rediff.com12 Dec 2008

The loans, under two separate schemes for seven poorest states and seven middle-income states, will benefit the poor as the funds will be utilized to put infrastructure development on the fast track leading to job-creation and stability.

World Bank warns India on fiscal deficit, slow ref

World Bank warns India on fiscal deficit, slow ref

Rediff.com6 Dec 2002

The World Bank has warned India that its growth prospects are weakened by high fiscal deficits and slow reforms, and the country needs to accelerate poverty reduction efforts.

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Rediff.com20 Sep 2025

Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.

Developing countries to benefit from oil price slump: World Bank

Developing countries to benefit from oil price slump: World Bank

Rediff.com8 Jan 2015

Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

How India Got The MiG-21 63 Years Ago

How India Got The MiG-21 63 Years Ago

Rediff.com26 Sep 2025

The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.

Indian economy to grow by 7-7.5% in FY13: World Bank

Indian economy to grow by 7-7.5% in FY13: World Bank

Rediff.com9 Mar 2012

As per official estimates, the Indian economy is likely to expand 6.9 per cent in the current fiscal, much lower than 9 per cent projected during the 2011-12 Budget.

HSBC flags 5 positives for Indian equities

HSBC flags 5 positives for Indian equities

Rediff.com3 Sep 2025

Equity benchmarks face a key test as investors weigh consumption revival hopes against tariff pressures and weak earnings. Amidst this, HSBC has outlined tailwinds and risks that could cap gains.

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Rediff.com1 Oct 2025

Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.

India falls out of favour, optimism returns for China: BofA survey

India falls out of favour, optimism returns for China: BofA survey

Rediff.com15 Aug 2025

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.

ED records Yuvraj's statement in online betting app case

ED records Yuvraj's statement in online betting app case

Rediff.com23 Sep 2025

Yuvraj Singh on Tuesday appeared before the Enforcement Directorate (ED) for questioning in a money laundering case linked to an online betting app named 1xBet.

India's Startup Dreams, Ready to Bloom

India's Startup Dreams, Ready to Bloom

Rediff.com17 Sep 2025

Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.

'US visa issues won't affect 2026 FIFA World Cup'

'US visa issues won't affect 2026 FIFA World Cup'

Rediff.com6 Apr 2025

France football great Marcel Desailly does not feel that visa issues relating to entering the United States will have any impact on the 2026 FIFA World Cup.