News for 'World Bank'

Haryana CM Discusses AI, Digital Governance With World Bank

Haryana CM Discusses AI, Digital Governance With World Bank

Rediff.com4 days ago

Haryana Chief Minister Nayab Singh Saini met with a World Bank delegation to discuss advancing Artificial Intelligence, digital governance, and skill development in the state. The discussions focused on leveraging technology to enhance citizen services, with plans to showcase Haryana's AI Sandbox globally and develop a dedicated AI model for the state.

World Bank: AI Offers Lifeline For Developing Economies

World Bank: AI Offers Lifeline For Developing Economies

Rediff.com5 days ago

The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.

World Bank Chief Advocates 'Small AI' For Farmers

World Bank Chief Advocates 'Small AI' For Farmers

Rediff.com22 May 2026

World Bank President Ajay Banga has advocated for the deployment of 'Small AI' locally deployed artificial intelligence running on inexpensive hardware to address daily problems faced by farmers and rural communities in emerging markets.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

Haryana's AI Programme Gains Momentum with World Bank Collaboration

Haryana's AI Programme Gains Momentum with World Bank Collaboration

Rediff.com8 Apr 2026

Haryana's Chief Minister Nayab Singh Saini reviewed the progress of the Haryana AI Development Programme (HAIDP), a Rs 474-crore initiative developed with the World Bank, focusing on AI skilling, startup incubation, and ethical AI governance.

World Bank: Remove AI Barriers to Boost Business and Jobs

World Bank: Remove AI Barriers to Boost Business and Jobs

Rediff.com9 Apr 2026

World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.

India has ample buffers to weather headwinds from West Asia conflict: World Bank

India has ample buffers to weather headwinds from West Asia conflict: World Bank

Rediff.com9 Apr 2026

The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.

How AI Weather Forecasts Are Transforming Farming In Telangana

How AI Weather Forecasts Are Transforming Farming In Telangana

Rediff.com20 hours ago

A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com4 days ago

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

TakeMe2Space's PowerBank-50 Earns Flight Heritage

TakeMe2Space's PowerBank-50 Earns Flight Heritage

Rediff.com31 Jul 2026

'PowerBank-50 is now space proven, made in India, and ready for every satellite builder in the world.'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com31 Jul 2026

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

FIFA World Cup 2026: Ancelotti banks on Neymar in Japan showdown

FIFA World Cup 2026: Ancelotti banks on Neymar in Japan showdown

Rediff.com29 Jun 2026

Coach Carlo Ancelotti is hopeful he will have Neymar available for more minutes in Monday's World Cup round of 32 fixture against Japan in Houston, and believes his Brazil side are ready for anything in what will be a tough knockout fixture.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

World Bank flags how India failed to rein in debt in several states

World Bank flags how India failed to rein in debt in several states

Rediff.com5 Feb 2026

India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.

India banks on boxing, weightlifting, athletics for top-five finish at 2026 Commonwealth Games

India banks on boxing, weightlifting, athletics for top-five finish at 2026 Commonwealth Games

Rediff.com22 Jul 2026

India is relying heavily on its boxing, weightlifting, and athletics contingents to maintain its two-decade streak of top-five finishes at the Commonwealth Games, which opens in Glasgow.

India Will Become A Leader In Applied AI: Nilekani

India Will Become A Leader In Applied AI: Nilekani

Rediff.com3 days ago

'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'

Air India picks leader who quadrupled Ethiopian Airlines' revenue

Air India picks leader who quadrupled Ethiopian Airlines' revenue

Rediff.com4 days ago

Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com4 days ago

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

700,000 snapped up! Free FIFA World Cup 'fan bands' go viral

700,000 snapped up! Free FIFA World Cup 'fan bands' go viral

Rediff.com2 Jul 2026

Free, customizable "fan bands" have become the unexpected must-have souvenir at the 2026 World Cup, with over 700,000 distributed. Sponsored by Bank of America, these charm wristlets feature subtle branding and have gone viral, even appearing on resale platforms. This marketing strategy offers a counterpoint to the tournament's high ticket and merchandise prices, proving that unique, free items can create significant fan engagement and brand visibility.

World Bank raises India's growth projection to 6.5% for 2025-26

World Bank raises India's growth projection to 6.5% for 2025-26

Rediff.com7 Oct 2025

The World Bank on Tuesday raised India's growth forecast for the current fiscal to 6.5 per cent from 6.3 per cent estimated earlier, and said the country is expected to remain fastest-growing major economy, underpinned by continued strength in consumption growth.

Croatia bank on Modric for one last World Cup push

Croatia bank on Modric for one last World Cup push

Rediff.com9 Jun 2026

Luka Modric is expected to lead Croatia at what could be his final World Cup as Zlatko Dalic's side aim to continue their remarkable record of success on football's biggest stage despite fitness concerns over their captain.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com6 days ago

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com2 days ago

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

Rediff.com14 Jul 2026

Argentina and England are set to clash in a World Cup semi-final, marking their first such encounter, a match deeply rooted in decades of historical and footballing rivalry, including infamous incidents involving Antonio Rattin, Diego Maradona's 'Hand of God' goal, and the Falklands War.

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

Rediff.com4 Jul 2026

Mexico will bid to continue their remarkable World Cup run when they face England in the last 16 on Sunday, with Javier Aguirre's side standing one victory away from a first quarter-final appearance in 40 years.

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Rediff.com3 days ago

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.

Microsoft Boosts India's Digital Infrastructure With Fourth Cloud Region

Microsoft Boosts India's Digital Infrastructure With Fourth Cloud Region

Rediff.com3 days ago

Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.

PIX: Yoga unites world as Indian missions lead global events

PIX: Yoga unites world as Indian missions lead global events

Rediff.com21 Jun 2026

Thousands of yoga enthusiasts across the world marked the International Day of Yoga on Sunday, as Indian missions abroad organised events to highlight the ancient practice's role in fostering health and well-being.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com1 days ago

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

Shakib ready to return to Bangladesh, but sets big condition

Shakib ready to return to Bangladesh, but sets big condition

Rediff.com2 days ago

Bangladeshi cricket legend Shakib Al Hasan, an ally of ousted PM Sheikh Hasina, is willing to return from exile in the US to face charges, including murder, if the government guarantees his safety. He hopes to play a farewell series and represent Bangladesh in the 2027 World Cup, highlighting the challenges faced by Hasina's allies after her government's fall.

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Rediff.com1 Jul 2026

Pakistan's Deputy Prime Minister Ishaq Dar stated that the Indus Waters Treaty remains valid and binding, rejecting India's decision to revoke it following a terror attack. He emphasised the treaty's role in regional peace and warned of "profound consequences" if Pakistan is deprived of its allocated waters. PPP chief Bilawal Bhutto Zardari also proposed an international convention against the weaponisation of waterways.

Meet The Chef Who Swapped Spices For Bowls At The Commonwealth Games

Meet The Chef Who Swapped Spices For Bowls At The Commonwealth Games

Rediff.com25 Jul 2026

Mohammed Ayub Qureshi, a 67-year-old Pakistani chef from Glasgow, represented his country in lawn bowls at the Commonwealth Games, showcasing a unique blend of his culinary passion and sporting dedication. Known as "Chico" in the bowls community and running the popular Alishan Tandoori, Qureshi's story highlights the spirit of the Games and the diverse backgrounds of its athletes.

FIFA World Cup: Qatar hold Switzerland for first ever World Cup point

FIFA World Cup: Qatar hold Switzerland for first ever World Cup point

Rediff.com14 Jun 2026

Qatar snatched their first ever World Cup point with a stoppage-time goal to draw 1-1 with Switzerland in an energetic and one-sided Group B opener on Saturday.

Why FIFA's $20B Plan Has UEFA Up in Arms

Why FIFA's $20B Plan Has UEFA Up in Arms

Rediff.com29 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

Beware of fake FIFA World Cup streaming platforms, warn Kerala Police

Beware of fake FIFA World Cup streaming platforms, warn Kerala Police

Rediff.com11 Jun 2026

Kerala police have issued a warning about a sophisticated cyber fraud targeting football fans. Scammers are using fake OTT apps and social media advertisements promising free access to FIFA World Cup 2026 matches. These malicious apps gain control of users' phones and illegally withdraw money from bank accounts. The police advise downloading apps only from official stores and being cautious of suspicious permissions.

Mizoram Shuts Schools, Offices Half-Day For FIFA Final

Mizoram Shuts Schools, Offices Half-Day For FIFA Final

Rediff.com19 Jul 2026

Mizoram has declared a full holiday for educational institutions and a half-day for government offices to allow residents to watch the FIFA World Cup final. Chief Minister Lalduhoma highlighted the state's passion for football and the importance of the sport to its youth.

Voice Of India Platform To Assess AI Systems For Indian Contexts

Voice Of India Platform To Assess AI Systems For Indian Contexts

Rediff.com5 days ago

AI4Bharat at IIT Madras and Josh Talks AI have launched 'Voice of India', a multimodal AI evaluation platform designed to assess AI systems against Indian conditions, languages, accents, and dialects. This platform aims to provide scientifically rigorous, India-specific evaluations, covering areas like Voice AI, large language models, document processing, safety, cultural appropriateness, and Indian legal reasoning, to build trust and enable informed deployment decisions.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com7 days ago

'At the end of the day, it is just another technology produced by the human mind.'