News for 'World Bank Group'

Severe heatwave likely in northwest, east in next 5 days: IMD

Severe heatwave likely in northwest, east in next 5 days: IMD

Rediff.com10 Jun 2024

The heat wave is likely to impact parts of Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Punjab, Haryana, Delhi, Rajasthan, Madhya Pradesh, Jharkhand, Odisha and Gangetic West Bengal, the Met office said.

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

RBI's balance sheet is 2.5X Pakistan's GDP

RBI's balance sheet is 2.5X Pakistan's GDP

Rediff.com30 May 2024

The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.

Dr Singh's final journey to begin tomorrow at 9.30 am

Dr Singh's final journey to begin tomorrow at 9.30 am

Rediff.com27 Dec 2024

Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.

FIFA initiates investigation into Israel FA's actions

FIFA initiates investigation into Israel FA's actions

Rediff.com3 Oct 2024

FIFA's disciplinary committee will be asked to look into allegations of discrimination raised by the Palestinian Football Association (PFA) after it submitted a proposal to suspend Israel in May, world soccer's governing body said on Thursday.

SP Group's Pallonji Mistry passes away at 93

SP Group's Pallonji Mistry passes away at 93

Rediff.com28 Jun 2022

Shapoorji Pallonji Group's head Pallonji Mistry died at his residence here, company officials said on Tuesday. Mistry, the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate, was 93.

India Inc in banking? 'A good-looking step in bad direction'

India Inc in banking? 'A good-looking step in bad direction'

Rediff.com26 Nov 2020

The RBI working group's proposal to allow corporate houses to set up banks is a 'good-looking' step in a 'bad direction' and may lead to crony capitalism and eventual financial instability, former chief economist of World Bank Kaushik Basu said on Thursday. Basu further said that there is a good reason why all successful economies have a clear dividing line between industries and corporations on the one hand, and banks and lending organisations on the other.

Beware! Markets Headed For Downturn

Beware! Markets Headed For Downturn

Rediff.com26 Nov 2024

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.

Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

Rediff.com5 Aug 2023

Edelweiss ARC, in a statement, denied that any undue pressure was brought to bear on Desai for loan recovery.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

Heatwave continues in northwest, central India; relief after 2 days

Heatwave continues in northwest, central India; relief after 2 days

Rediff.com4 Jun 2024

Temperatures in 17 locations breached 45 degrees Celsius on Monday, with the punishing heat affecting health and livelihoods.

Travelling Abroad? Use Prepaid Forex Card

Travelling Abroad? Use Prepaid Forex Card

Rediff.com24 Oct 2024

Using credit or debit cards abroad can prove costly.

How To Earn Money Post-Retirement...

How To Earn Money Post-Retirement...

Rediff.com31 Dec 2024

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

G20 Delhi Summit ends, Modi passes baton to Brazil

G20 Delhi Summit ends, Modi passes baton to Brazil

Rediff.com10 Sep 2023

Lula da Silva congratulated Modi and thanked India for its efforts to give voice to the topics of interest to emerging economies.

It Won't Be An Easy Term For The BJP

It Won't Be An Easy Term For The BJP

Rediff.com8 Feb 2025

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.

Why And How To Invest In Gold

Why And How To Invest In Gold

Rediff.com2 Jan 2025

Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.

2024: The Best South Films

2024: The Best South Films

Rediff.com11 Dec 2024

Arjun Menon looks at the Top 10 South films that made an impact in 2024.

Spouses of G20 leaders savour street food, millet dishes

Spouses of G20 leaders savour street food, millet dishes

Rediff.com9 Sep 2023

"First ladies from Turkiye, Japan, the UK, Australia and Mauritius, among others visited the exhibition at NGMA (National Gallery of Modern Art)," the source added.

India welcomes world leaders as G20 summit kicks off on Saturday

India welcomes world leaders as G20 summit kicks off on Saturday

Rediff.com8 Sep 2023

The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.

New twist to Hindenberg-Adani drama

New twist to Hindenberg-Adani drama

Rediff.com7 Jul 2024

US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.

Yogi Goes All Out For Flawless Mahakumbh

Yogi Goes All Out For Flawless Mahakumbh

Rediff.com24 Dec 2024

For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.

The Formidable Editor, Vimla Patil

The Formidable Editor, Vimla Patil

Rediff.com3 Oct 2024

Vimla Patil always stressed the importance of proving wrong the perception that women were women's worst enemies. And it iss a lesson I carried forward with me all through my career, learning empathy, understanding and ways to help as I went along. Sathya Saran, who succeeded Mrs Patil as Femina's editor, pays homage to the well-known journalist who passed into the ages on September 29, 2024.

'Don't Panic! India Is An Oasis Of Calm!'

'Don't Panic! India Is An Oasis Of Calm!'

Rediff.com8 Aug 2024

'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'

Untold story of Sri Lanka's 1996 World Cup triumph

Untold story of Sri Lanka's 1996 World Cup triumph

Rediff.com13 Sep 2023

Chandana, who is now a full-time coach, remembered Ranatunga as a shrewd tactician, whose strategic acumen were way ahead of the time.

Analysts bullish on HDFC Bank's long-term growth; see up to 35% upside

Analysts bullish on HDFC Bank's long-term growth; see up to 35% upside

Rediff.com26 Jul 2023

HDFC Bank Q1FY24 results analysis: Shares of HDFC Bank, the world's seventh largest financial entity, have advanced 2 per cent in two days, as against 1 per cent rise in the benchmark S&P BSE Sensex, after the lender reported its April-June quarter (Q1) results for financial year 2023-24 (FY24) on July 17. The S&P BSE Bankex index, meanwhile, has gained 1.3 per cent. While the near-term stock performance may remain sideways due to merger-related hiccups, analysts remain bullish on the stock's long-term prospects.

2024: Top 10 International Films

2024: Top 10 International Films

Rediff.com7 Dec 2024

Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Rediff.com3 Jun 2024

Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.

How Much Should You Invest In Gold

How Much Should You Invest In Gold

Rediff.com30 Sep 2024

'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

'Idea behind SROs is not to make them more regulatory'

'Idea behind SROs is not to make them more regulatory'

Rediff.com25 Aug 2024

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'

Google campuses in Bengaluru, California to hold hackathon

Google campuses in Bengaluru, California to hold hackathon

Rediff.com24 Apr 2014

Non-profit Code for India, which inspires techies to volunteer their time and talent to the developing world, on Thursday announced that parallel India-US hackathon will be held at the Google campuses in Bangalore and in Mountain View, California.

Indus treaty processes 'paused', WB asks India, Pak to resolve differences

Indus treaty processes 'paused', WB asks India, Pak to resolve differences

Rediff.com13 Dec 2016

Pausing the process for now, the bank would hold off from appointing the Chairman for the Court of Arbitration or the neutral expert -- appointments that had been expected on December 12 as earlier communicated by the bank.

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Rediff.com7 Aug 2024

Life has come full circle for Nobel laureate Professor Mohammad Yunus, who faced persecution during Sheikh Hasina's regime for embezzlement, is now all set to head of the interim government in Bangladesh after she resigned and fled the country.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Who Will Captain India Next?

Who Will Captain India Next?

Rediff.com7 Nov 2024

Jasprit Bumrah, Rishabh Pant, Shubman Gill, K L Rahul, Suryakumar Yadav, Hardik Pandya: Who will succeed Rohit Sharma after he retires?

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

Rs 1 cr annual package for SBI's new CFO

Rs 1 cr annual package for SBI's new CFO

Rediff.com11 Jun 2020

For the first time, the bank is recruiting the CFO from outside its experienced talent pool of top management.

'Rishabh Pant has inspired keeper-batters around the world'

'Rishabh Pant has inspired keeper-batters around the world'

Rediff.com18 Sep 2023

Rishabh Pant isn't fit to play the upcoming World Cup but former Australian ace Adam Gilchrist is still fascinated by the kind of impact that the burly keeper-batter has had in his six years with the Indian team.

Indian cities sizzle at 48 deg C, respite likely after 3 days

Indian cities sizzle at 48 deg C, respite likely after 3 days

Rediff.com28 May 2024

Temperatures in 17 locations breached 48 degrees Celsius on Monday, with the relentless heat affecting health and livelihoods across large parts of northwestern and central India.

WB extends $1.5 bn loan for developing rural roads

WB extends $1.5 bn loan for developing rural roads

Rediff.com14 Jan 2011

The World Bank will extend a loan of $1.5 billion (about Rs 6,800 crore) to India for building 24,000 km of all-weather roads in the rural areas of seven economically poor and hilly states like Uttar Pradesh and Himachal Pradesh.