News for 'World Bank Country Director'

'Cyber attackers are 10 steps ahead'

'Cyber attackers are 10 steps ahead'

Rediff.com4 Apr 2023

'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'

India ranks 130 in ease of doing biz list; jumps 12 spots

India ranks 130 in ease of doing biz list; jumps 12 spots

Rediff.com28 Oct 2015

India ranks 130 in ease of doing biz report; jumps 12 spots

Another blow for Adani in Australia, bank ends adviser role

Another blow for Adani in Australia, bank ends adviser role

Rediff.com6 Aug 2015

The exit of CBA comes hard on the heels of a court decision on Wednesday revoking the Australian government's environmental approva

Pandemic has IFC pumping $1.7 bn in India

Pandemic has IFC pumping $1.7 bn in India

Rediff.com17 Aug 2021

The pandemic has led to the International Finance Corporation massively ramping up its impact investment in the country - its largest client nation globally - at $1.7 billion as of June, a 51 per cent rise over the past 12 months, the largest developmental lender into third world private sector said on Tuesday. This is nearly half of its investment in the whole of South Asia since the pandemic, which touched $3.8 billion as of June 2021, it said. "Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year," IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said in a statement.

ICICI Bank account holders can use Twitter to transfer funds

ICICI Bank account holders can use Twitter to transfer funds

Rediff.com19 Jan 2015

Private sector lender ICICI Bank on Monday launched a facility which allows account-holders to transfer funds through Twitter.

When The Party Ends And Reality's Cold Light Shines Through...

When The Party Ends And Reality's Cold Light Shines Through...

Rediff.com9 Jun 2023

There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.

Foreign banks wait for norms on fully-owned subsidiaries

Foreign banks wait for norms on fully-owned subsidiaries

Rediff.com31 Oct 2013

Currently, foreign lenders are present in India only through branches or representative offices.

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.

Banking imbroglio holds up India, Singapore trade pact review

Banking imbroglio holds up India, Singapore trade pact review

Rediff.com19 Aug 2014

The main issue has been that of a higher Asset Management Ratio as has been prescribed by the Monetary Authority of Singapore for qualifying full banks from India.

Where have all the women bankers gone?

Where have all the women bankers gone?

Rediff.com7 Jan 2020

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.

SoftBank willing to fund Ola, but with a rider

SoftBank willing to fund Ola, but with a rider

Rediff.com4 Oct 2017

Growing the number of electric vehicles on Ola's platform is part of the terms SoftBank has put forth for the funding

'A Global Recession Can Be Avoided'

'A Global Recession Can Be Avoided'

Rediff.com4 Oct 2022

'We continue to believe that the global economy will narrowly avoid a recession, despite expecting the US, Canada, and most of Europe to fall into recession at some point over the next year or so.'

China, India, Russia to be top 3 shareholders of AIIB: Expert

China, India, Russia to be top 3 shareholders of AIIB: Expert

Rediff.com21 May 2015

China would be an influential player in the bank

Meet Subhash C Garg, the new DEA secretary

Meet Subhash C Garg, the new DEA secretary

Rediff.com23 Jun 2017

DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray

India could become the fintech hub of the world

India could become the fintech hub of the world

Rediff.com10 Aug 2020

Leveraging global capital markets to give muscle to an innate competitive advantage in rapid mass transaction systems will lead to India becoming a petri dish for global enterprises and new-age innovation that it yearns to be.

Gita Gopinath to quit as IMF chief economist, return to Harvard

Gita Gopinath to quit as IMF chief economist, return to Harvard

Rediff.com20 Oct 2021

IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.

IMF warns about the 2 big challenges - Covid and growth

IMF warns about the 2 big challenges - Covid and growth

Rediff.com15 Oct 2020

Facing the twin task of fighting the coronavirus pandemic today and building a better tomorrow, the world is experiencing a new Bretton Woods moment, IMF managing director Kristalina Georgieva said

Ruble becomes best-performing currency in March

Ruble becomes best-performing currency in March

Rediff.com31 Mar 2022

The ruble has recouped most of its losses and become the top-performing currency globally. It continues to gain and is up 60 per cent against the US dollar from its lows in the first week of March. The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.

Heineken can now buy extra stake in United Breweries

Heineken can now buy extra stake in United Breweries

Rediff.com9 Jun 2021

The Competition Commission of India (CCI) on Tuesday said that the proposed additional stake buy in United Breweries (UB) by Dutch major Heineken does not raise any competition concerns, effectively clearing the deal. In its order, the CCI said, "It is submitted that the proposed transaction does not give rise to competition concerns regardless of delineation of the relevant market for the purpose of this filing." UB is the country's largest beer company, while Heineken is the world's second-largest brewer after Anheuser-Busch (AB) InBev.

India at 7th spot on investor protection; ahead of US, Japan

India at 7th spot on investor protection; ahead of US, Japan

Rediff.com29 Oct 2014

India is ranked best among the BRICS nations, out of which South Africa is 17th, Brazil 35th and Russia at 100. China is much lower at 132nd place.

'I Liked Bossing Fawad Khan'

'I Liked Bossing Fawad Khan'

Rediff.com24 Apr 2023

'Fawad wants to take my place as president of the bank in a fictional country.' 'That way I got to tell one of the most talented actors in Pakistan what to do all the time.' 'I enjoyed that.'

45 countries to participate in WEF's India summit

45 countries to participate in WEF's India summit

Rediff.com3 Nov 2014

It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.

Indians' money in Swiss banks hits record low

Indians' money in Swiss banks hits record low

Rediff.com29 Jun 2017

The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.

Why TCS Picked Krithivasan As CEO

Why TCS Picked Krithivasan As CEO

Rediff.com22 Aug 2023

Krithi Krithivasan is the kind of person one might look to when the need is to calm things down and put things back on track.

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Rediff.com29 Sep 2023

Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.

Now, each state to have a score card on ease of doing business

Now, each state to have a score card on ease of doing business

Rediff.com19 May 2015

States to come under DIPP watch on ease of doing business.

Byju, Think Of Byju's Like A Business!

Byju, Think Of Byju's Like A Business!

Rediff.com10 Jul 2023

This, Byju, was the time to apply the business lens, treat your company as a business, run your company as a business. Instead, you splurged, observes Suveen Sinha.

SC rejects Rana Ayyub's plea against summons in PMLA case

SC rejects Rana Ayyub's plea against summons in PMLA case

Rediff.com7 Feb 2023

The Supreme Court on Tuesday dismissed journalist Rana Ayyub's plea challenging summons by the Ghaziabad special court in a money laundering case, leaving it open for her to raise the issues before the trial court.

Arch of world's highest railway bridge on Chenab river in J-K completed

Arch of world's highest railway bridge on Chenab river in J-K completed

Rediff.com5 Apr 2021

The 1.3-kilometre-long bridge aims to boost connectivity to the Kashmir Valley and it is being constructed at a cost of Rs 1,486 crore as part of the Udhampur-Srinagar-Baramulla Railway Link project

Does RBI's board have the skill to handhold the management?

Does RBI's board have the skill to handhold the management?

Rediff.com18 Dec 2018

If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.

Uday Kotak is EY's world entrepreneur of the year

Uday Kotak is EY's world entrepreneur of the year

Rediff.com9 Jun 2014

He becomes 2nd Indian to win this award; N R Narayana Murthy won it in 2003.

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Rediff.com25 Feb 2023

In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.

Opposition uniting against BJP's crackdown on corruption, charges Modi

Opposition uniting against BJP's crackdown on corruption, charges Modi

Rediff.com28 Mar 2023

Prime Minister Narendra Modi on Tuesday linked opposition parties coming together against the Bharatiya Janata Party to his government's campaign against corruption, and asserted that the clampdown on graft will continue without being hindered by "false allegations".

India 4th most vacation-deprived country

India 4th most vacation-deprived country

Rediff.com6 Nov 2014

Employers are less supportive of their employees taking holidays, says a survey.

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Rediff.com5 May 2023

The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.

Montek Singh may be in race for IMF chief's post

Montek Singh may be in race for IMF chief's post

Rediff.com2 Dec 2010

International Monetary Fund managing director Dominique Strauss-Kahn on Thursday said he favoured new heads of the World Bank and the Fund to be from countries other than Europe and the United States.

'Minimum government, maximum governance' in public sector banks

'Minimum government, maximum governance' in public sector banks

Rediff.com27 Aug 2014

The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.

Celebrating Astad Deboo!

Celebrating Astad Deboo!

Rediff.com13 Dec 2022

Two years ago this day, Astad Deboo, dancer extraordinaire, passed into the ages. A new exhibition Breaking Boundaries remembers the pioneer who redrew the margins of Indian dance.

India should avoid fiscal slippage

India should avoid fiscal slippage

Rediff.com3 Jul 2014

The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.

'Economists are talking nonsense:' HDFC Bank MD

'Economists are talking nonsense:' HDFC Bank MD

Rediff.com30 Nov 2016

'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'