News for 'World Bank Group'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

India will make it to women's T20 World Cup semis: Harmanpreet

India will make it to women's T20 World Cup semis: Harmanpreet

Rediff.com14 May 2024

India have been drawn alongside six-time champions Australia, New Zealand, Pakistan and Sri Lanka in Group A for the women's T20 World Cup in October.

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Rediff.com27 May 2024

Global fund managers remain bullish on the Japanese stock markets, which is now their most preferred destination in the Asian region. Both Morgan Stanley and Jefferies in their recent reports, have cited their preference for the Land Of The Rising Sun, which is fast becoming the land of the rising equities, too.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

'Dr Singh Didn't Take Orders From Sonia Gandhi'

'Dr Singh Didn't Take Orders From Sonia Gandhi'

Rediff.com30 Dec 2024

'Mrs Gandhi had nothing to do in the day-to-day working of Dr Singh's government.' 'People say Mrs Gandhi's office used to give orders, which is nonsense.'

WEF: Trump tells businesses to manufacture in US or face tariffs

WEF: Trump tells businesses to manufacture in US or face tariffs

Rediff.com24 Jan 2025

US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting in Davos through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

President's Rule In Manipur: Need Of The Hour

President's Rule In Manipur: Need Of The Hour

Rediff.com13 Feb 2025

The solution to Manipur's problems lies in the government giving concessions to Meitis in jobs and education and to accept autonomy for the tribal dominated areas inhibited by the Kukis, suggests Colonel Anil A Athale (retd).

G20: World leaders hail Modi's 'decisive leadership'

G20: World leaders hail Modi's 'decisive leadership'

Rediff.com10 Sep 2023

With India's G20 presidency ensuring several tangible outcomes, world leaders at the two-day summit in New Delhi hailed Prime Minister Narendra Modi for his 'decisive leadership' and for championing the voice of the Global South, sources said on Sunday.

Why CEOs, Bankers Want To Be Like Bumrah

Why CEOs, Bankers Want To Be Like Bumrah

Rediff.com7 Jan 2025

From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy, points out Suveen Sinha.

LAC row: 'You still have 50,000 troops facing each other'

LAC row: 'You still have 50,000 troops facing each other'

Rediff.com29 Jan 2025

Foreign policy expert C Raja Mohan has said that the recent disengagement of troops with China in eastern Ladakh has given a small opening to India, but the "big issues" remain. He also stressed the importance of strengthening India's ties with the US for technological and economic growth.

Final snan begins as Maha Kumbh 2025 to conclude today

Final snan begins as Maha Kumbh 2025 to conclude today

Rediff.com26 Feb 2025

The 45-day Maha Kumbh in Prayagraj concluded on Mahashivratri with a record-breaking number of pilgrims taking a holy dip at the Triveni Sangam. Over 65 crore pilgrims participated in the event, which took place once every 12 years.

When Modi's offer 'alarmed' Trump's security detail

When Modi's offer 'alarmed' Trump's security detail

Rediff.com17 Mar 2025

'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.

Kriti Makes A Knockout Appearance At Miss World

Kriti Makes A Knockout Appearance At Miss World

Rediff.com10 Mar 2024

A look at the celebs who made an appearance at the popular international beauty contest.

Is FOMO Investing Making You Lose Money?

Is FOMO Investing Making You Lose Money?

Rediff.com28 Feb 2025

FOMO-driven investing is reshaping India's stock market. Swati Saxena explains how social media hype fuels risky bets and how to protect your wealth.

Deep State And Beyond: The Rise of Conspiracy Theories

Deep State And Beyond: The Rise of Conspiracy Theories

Rediff.com25 Feb 2025

From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.

Can Rekha Gupta Deliver BJP Promises To Delhi?

Can Rekha Gupta Deliver BJP Promises To Delhi?

Rediff.com20 Feb 2025

The monthly Rs 2500 payment for poor women is expected to cost Rs 11,000 crore while the pension scheme of Rs 2000 for every senior citizen will cost around Rs 4100 crore. The Yamuna clean up will cost over Rs 10,000 crore while a similar amount is required to upgrade Delhi's hospitals. Ultimately, the new BJP government will have no choice but to ask the centre for financial support, notes Rashme Sehgal.

 IFC helping Japan bank finance power project

IFC helping Japan bank finance power project

Rediff.com9 Jul 2010

IFC, a member of the World Bank Group, is helping one of Japan's leading banks, Mizuho Corporate Bank, finance a project that would operate power transmission links between East, North-East and electricity-starved North India.

Samvat 2081: Will Gold, Silver Sparkle?

Samvat 2081: Will Gold, Silver Sparkle?

Rediff.com25 Oct 2024

'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

160,000 tents, 150,000 toilets: Prayagraj gears up for grand Maha Kumbh

160,000 tents, 150,000 toilets: Prayagraj gears up for grand Maha Kumbh

Rediff.com30 Dec 2024

Prayagraj is transforming into a massive temporary city to host the Maha Kumbh, the world's largest religious gathering, expected to draw over 40 crore pilgrims. The preparations include extensive infrastructure development, including 160,000 tents, 150,000 toilets, and a 1,250-km pipeline network. The event, starting on January 13, will culminate on February 26, bringing together millions of devotees for the holy dip at the confluence of the Ganga, Yamuna, and Saraswati rivers.

Getting future-ready: Govt may tweak IBC to factor in climate change

Getting future-ready: Govt may tweak IBC to factor in climate change

Rediff.com7 May 2024

The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Rediff.com23 Oct 2023

Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.

'2025 Is Year To Keep Expectations Low'

'2025 Is Year To Keep Expectations Low'

Rediff.com12 Feb 2025

'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Not going for lockdowns in big way, says Sitharaman

Not going for lockdowns in big way, says Sitharaman

Rediff.com13 Apr 2021

Amid surging coronavirus cases in India, Finance Minister Nirmala Sitharaman on Tuesday made it clear that the government would not go for lockdowns in a big way and only resort to local containment. In a virtual meeting with World Bank Group president David Malpass, Sitharaman appreciated the initiatives of the World Bank to increase the lending space for India to enhance availability of finance for development.

Slow margin recovery likely to remain a headwind for LTIMindtree

Slow margin recovery likely to remain a headwind for LTIMindtree

Rediff.com26 Jan 2025

LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

Rediff.com1 Jul 2024

Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.

India supports dialogue, not war: Modi at BRICS Summit

India supports dialogue, not war: Modi at BRICS Summit

Rediff.com24 Oct 2024

India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the Brazil, Russia, India, China, South Africa (BRICS) Summit in Kazan, Russia on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

Chinese company shuts shop in Pakistan days after terror attack

Chinese company shuts shop in Pakistan days after terror attack

Rediff.com28 Mar 2024

Two days after five Chinese nationals were killed in a suicide attack at a hydropower project in Khyber Pakhtunkhwa in Pakistan, a Chinese company has suspended civil works and laid off hundreds of workers at another hydropower project in the same restive province, according to media reports on Thursday.

28L diyas to illuminate Ayodhya in first deepotsav after consecration

28L diyas to illuminate Ayodhya in first deepotsav after consecration

Rediff.com30 Oct 2024

The government aims to better its last year's Guinness World Record by lighting 25 lakh diyas on the banks of Saryu river.

Adani Green is now the world's largest solar company

Adani Green is now the world's largest solar company

Rediff.com19 May 2021

Billionaire Gautam Adani's Group on Wednesday announced the acquisition of SoftBank Group Corp's renewable power business in India for a deal value of $3.5 billion (approximately Rs 25,500 crore), to become the world's largest solar company. In a statement, Adani Green Energy Ltd, the renewable energy unit of the port-to-energy conglomerate, said it has inked share purchase agreements to buy 100 per cent of SB Energy India from SoftBank and Bharti Group. Without giving deal details, the statement said the transaction values SB Energy India at an enterprise valuation of approximately $3.5 billion, it stated. The transaction marks the largest acquisition in the renewable energy sector in India.

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.

India's New Trilemma

India's New Trilemma

Rediff.com9 Jul 2024

...Kids, jobs, emigration, notes Ajit Balakrishnan.

India's spin duo is a nightmare: Rachin warns

India's spin duo is a nightmare: Rachin warns

Rediff.com14 Oct 2024

Ashwin and Jadeja together have grabbed over 800 Test wickets, and are among the most experienced bowling pairs in world cricket at present.

Breaking Up Business Groups Would Create More Problems

Breaking Up Business Groups Would Create More Problems

Rediff.com8 Jun 2023

Policies to break down the business group format are far more likely to be effective, argues Simon Commander.

World's 30 biggest banks

World's 30 biggest banks

Rediff.com24 Jan 2013

In the list of world's 50 biggest banks for 2012, China has six banks in top 50-the largest group from any single country, according to Global Finance.