News for 'The World Bank'

Gold's $500 Sprint: Fastest 36-Day Rally Ever

Gold's $500 Sprint: Fastest 36-Day Rally Ever

Rediff.com17 Oct 2025

'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'

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.

Is Pakistan's Rise Wake-Up Call For India?

Is Pakistan's Rise Wake-Up Call For India?

Rediff.com22 Oct 2025

New Delhi might have loudly welcomed an age of multipolarity, hedging and strategic autonomy. But it seems the winner in that game is Islamabad, not us, points out Mihir S Sharma.

Football Friendlies: England rout Wales; Denmark batter Belarus

Football Friendlies: England rout Wales; Denmark batter Belarus

Rediff.com10 Oct 2025

England racked up an eighth successive victory against Wales with a 3-0 cruise in an international friendly at Wembley on Thursday.

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.

Payslip To Pension To Long-Term Wealth: How EPF Works

Payslip To Pension To Long-Term Wealth: How EPF Works

Rediff.com9 Oct 2025

A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.

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.

Divya's Bold Move! Challenges Elite In FIDE Grand Swiss

Divya's Bold Move! Challenges Elite In FIDE Grand Swiss

Rediff.com4 Sep 2025

Women's World Cup winner Divya Deshmukh, who has also qualified for the Women's Candidates, has opted out of the women's section to compete with the best in business.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

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.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

'Crime Wasn't Just Fraud. It Was Murder For Profit'

'Crime Wasn't Just Fraud. It Was Murder For Profit'

Rediff.com8 Oct 2025

Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.

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.

How Women Voters Cemented Nitish Kumar's Political Fortress

How Women Voters Cemented Nitish Kumar's Political Fortress

Rediff.com6 Sep 2025

For nearly two decades, Nitish Kumar has cultivated women as a distinct constituency. 'To create a broader vote base, he thought it would be better to bring women to electoral politics.'

All eyes on Praggnanandhaa at Grand Swiss

All eyes on Praggnanandhaa at Grand Swiss

Rediff.com2 Sep 2025

Praggnanandhaa takes on a strong field at Grand Swiss, eyes Candidates berth

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.'

Palestinian statehood will reward Hamas: Trump at UNGA

Palestinian statehood will reward Hamas: Trump at UNGA

Rediff.com24 Sep 2025

His remarks came in response to several European nations announcing their decision to recognise a Palestinian state during a summit at the UNGA on Monday. While the move was largely symbolic, it added to Israel's diplomatic isolation. Washington, however, has made clear it does not support the step.

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.

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Rediff.com28 Sep 2025

The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.

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.

'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.

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.'

Govt on track to meet fiscal deficit target of 6.4% for FY23: World Bank

Govt on track to meet fiscal deficit target of 6.4% for FY23: World Bank

Rediff.com6 Dec 2022

The central government is on track to meet its fiscal deficit target of 6.4 per cent of the GDP for 2022-23 on the back of strong growth in revenue collections, the World Bank said in its India Development Update on Tuesday. High nominal GDP growth in the first quarter supported strong growth in revenue collection, especially Goods and Services Tax (GST), despite tax cuts on fuel. Notwithstanding an increase in spending due to expanded fertilizer subsidies and food subsidies for vulnerable households in response to the commodity price shock, the government is on track to meet its FY22/23 fiscal deficit target of 6.4 per cent of GDP and the general government deficit is projected to decline to 9.6 per cent from 10.3 per cent in FY21/22 and 13.3 per cent in FY20/21.

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.

'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.'

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.

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.

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.

'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.

'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.'

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.

India informs Pakistan why it suspended Indus Water Treaty

India informs Pakistan why it suspended Indus Water Treaty

Rediff.com25 Apr 2025

India has suspended the Indus Waters Treaty with immediate effect, accusing Pakistan of breaching the pact by refusing to negotiate modifications and engaging in sustained cross-border terrorism. The decision follows a recent terror attack in Jammu and Kashmir that killed 26 people. Pakistan has rejected India's move, calling it an "act of war."

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.

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.

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Rediff.com30 Jul 2025

Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.

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.

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.

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.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

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.