News for 'World Bank Group'

The Mystery of ZEE and DIIs

The Mystery of ZEE and DIIs

Rediff.com6 Feb 2024

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.

Virtual eco providing over a lakh jobs: Study

Virtual eco providing over a lakh jobs: Study

Rediff.com8 Apr 2011

Fast growing virtual online currencies and digital work worth $ 3 billion is providing real income opportunities to people in developing countries with more than 100,000 people in countries like China and India earning a living through online games and websites disseminating micro-tasks, a World Bank study says.

Midcap, smallcap indices have nearly doubled in 4 years'

Midcap, smallcap indices have nearly doubled in 4 years'

Rediff.com16 Feb 2024

'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs

Next financial crisis will come from the crypto world: RBI Guv

Next financial crisis will come from the crypto world: RBI Guv

Rediff.com21 Dec 2022

Reserve Bank Governor Shaktikanta Das on Wednesday said underlying economic activity in India continues to be strong, but external factors will cause some "dent" to the economy. Speaking at the BFSI Insight Summit 2022 organised by Business Standard, Das said the RBI tracks 70 fast moving indicators and most of them are in the "green box". It is the external sector, mired by a fear of recession or clear visibility about slowing growth in a large part of the world, where the challenges lie, he said, adding that the impact of external demand will "dent" the economy.

5 Chinese nationals killed in suicide attack in Pak

5 Chinese nationals killed in suicide attack in Pak

Rediff.com26 Mar 2024

At least five Chinese nationals were among the six persons killed on Tuesday when an explosive-packed vehicle rammed into their bus in Pakistan's troubled northwestern province of Khyber-Pakhtunkhwa, officials said.

Rajan slams plans to allow India Inc to set up banks

Rajan slams plans to allow India Inc to set up banks

Rediff.com23 Nov 2020

The RBI working group's proposal to allow corporate houses to set up banks is a "bombshell" and at this juncture, it is more important to stick to the tried and tested limits on involvement of business houses in the banking sector, according to an article jointly written by former RBI Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya. They also said that the proposal is "best left on the shelf".

African Union becomes permanent member of G20

African Union becomes permanent member of G20

Rediff.com9 Sep 2023

The African Union on Saturday joined the G20 after all member countries accepted Prime Minister Narendra Modi's proposal to bring the key bloc of the Global South to the high table of the world's top economies, a major diplomatic achievement of India's presidency.

At concluding G20 session, Modi calls for UNSC reform

At concluding G20 session, Modi calls for UNSC reform

Rediff.com10 Sep 2023

Prime Minister Narendra Modi on Sunday made a fresh push for reforms in global institutions, including the United Nations, asserting that the world's 'new realities' should be reflected in 'new global structure' as it is nature's law that those who don't change with times lose their relevance.

SoftBank to buy 15% stake in Uber, pump in $1 bn in early 2018

SoftBank to buy 15% stake in Uber, pump in $1 bn in early 2018

Rediff.com29 Dec 2017

With the deal closing, SoftBank becomes an investor in two of India's largest on-demand cab service -- Uber and Ola.

Tatas bring in talent from group companies to revive Air India

Tatas bring in talent from group companies to revive Air India

Rediff.com16 Apr 2022

Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.

Reliance top Indian firm in World's Best Employer list

Reliance top Indian firm in World's Best Employer list

Rediff.com14 Oct 2021

Reliance Industries Ltd, the country's largest company by revenues, profits and market value, has topped Indian corporate in the World's Best Employers rankings 2021 published by Forbes. Reliance was placed at 52 in the overall ranking of 750 global corporates likes Phillips, Sanofi, Pfizer and Intel. Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking.

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

FIFA World Cup PIX: Ghana edge out South Korea in thriller

FIFA World Cup PIX: Ghana edge out South Korea in thriller

Rediff.com28 Nov 2022

IMAGES from the FIFA World Cup Group H match played between Ghana and South Korea on Monday.

2 Weeks On, What Did Hamas Attack Achieve?

2 Weeks On, What Did Hamas Attack Achieve?

Rediff.com21 Oct 2023

By creating mayhem, Hamas aims to force the Arab States to give up their plans of reconciliation with Israel, explains Colonel Anil A Athale.

Connect the dots: Reliance, ITC, SoftBank

Connect the dots: Reliance, ITC, SoftBank

Rediff.com11 Aug 2020

Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.

Who Will Vote For Vijay, And Why?

Who Will Vote For Vijay, And Why?

Rediff.com14 Aug 2024

Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.

G20 Summit: The biggest challenge India faces is...

G20 Summit: The biggest challenge India faces is...

Rediff.com8 Sep 2023

The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.

Prez Murmu hosts gala dinner for G20 leaders

Prez Murmu hosts gala dinner for G20 leaders

Rediff.com9 Sep 2023

They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.

Modi wants G20 to draw inspiration from 'vibrancy of Indian economy'

Modi wants G20 to draw inspiration from 'vibrancy of Indian economy'

Rediff.com24 Feb 2023

Prime Minister Narendra Modi on Friday expressed hope that G20 will draw inspiration from the vibrancy of the Indian economy and work towards bringing back stability, confidence and growth on the global landscape.

'Midcaps, Smallcaps: Exercise Caution'

'Midcaps, Smallcaps: Exercise Caution'

Rediff.com21 Mar 2024

'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are still a considerable distance from being overstretched.'

SKY hints at surprise openers for T20 opener vs SA

SKY hints at surprise openers for T20 opener vs SA

Rediff.com9 Dec 2023

Suryakumar praised India's performance against Australia and encouraged the team to play 'fearless cricket'

'Invest 10-15% Of Your Portfolio In Gold'

'Invest 10-15% Of Your Portfolio In Gold'

Rediff.com1 May 2024

Gold is an excellent asset class for diversification and should be included in all long-term portfolios.

'Mr Modi Is Rattled'

'Mr Modi Is Rattled'

Rediff.com27 May 2024

The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'

'Cheaper, faster, safer': India, Singapore launch real-time payments link

'Cheaper, faster, safer': India, Singapore launch real-time payments link

Rediff.com22 Feb 2023

In the first such collaboration for India, the country's flagship payments platform, the Unified Payments Interface (UPI), and Singapore's PayNow payment system have launched a real-time cross-border payment linkage system. The linkage, which was launched by Prime Minister (PM) Narendra Modi and Singapore's PM Lee Hsien Loong on Tuesday, was kicked off by a live cross-border transaction between Reserve Bank of India Governor Shaktikanta Das and Monetary Authority of Singapore managing director Ravi Menon, using mobile phones.

'There could be new challenges, new battles'

'There could be new challenges, new battles'

Rediff.com7 Apr 2023

'The Indian economy and the Indian financial sector today remain resilient and much better placed.'

'China did not get its way'

'China did not get its way'

Rediff.com6 Sep 2023

'There's no pro-China tilt in BRICS.' 'All these countries want to be close to China, but they are all good friends of India also.'

3 Indians accused of killing Nijjar appear in court

3 Indians accused of killing Nijjar appear in court

Rediff.com8 May 2024

All three agreed to have the proceedings heard in English and each of them nodded that they understood the charges of first-degree murder and conspiring to murder Nijjar, the report said.

How did Pandemic Affect Bank Deposits?

How did Pandemic Affect Bank Deposits?

Rediff.com27 Aug 2021

The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.

Pak PM bans New Year celebrations, here's why

Pak PM bans New Year celebrations, here's why

Rediff.com29 Dec 2023

Pakistan caretaker Prime Minister Anwaarul Haq Kakar on Thursday announced a ban on the New Year celebration in the country to express solidarity with the People in Gaza.

India overtakes UK to become 5th largest economy in world

India overtakes UK to become 5th largest economy in world

Rediff.com3 Sep 2022

India's GDP expanded 13.5 per cent in the April-June quarter, the quickest pace in a year, to retain the world's fastest growing economy tag but rising interest costs and the looming threat of a recession in major world economies could slow the momentum in the coming quarters.

India's GDP crosses $2-trillion mark

India's GDP crosses $2-trillion mark

Rediff.com3 Jul 2015

It is projected to cross the $3 trillion mark in 2019

Market Volatility: Gold Best Stabiliser

Market Volatility: Gold Best Stabiliser

Rediff.com1 Mar 2024

'It makes sense to have gold in one's portfolio keeping the political and economic risks of 2024 in mind.'

World Press Photo 2022 Winners!

World Press Photo 2022 Winners!

Rediff.com13 Apr 2022

Discover some of the winners of 2022 World Press Photo Contest.

IMF picks Raghuram Rajan in coronavirus advisory group

IMF picks Raghuram Rajan in coronavirus advisory group

Rediff.com10 Apr 2020

Rajan, 57, who was RBI governor for three years until September 2016, is currently working as a professor at the prestigious University of Chicago.

Olympic champion Schauffele wins PGA Championship for first major

Olympic champion Schauffele wins PGA Championship for first major

Rediff.com20 May 2024

American Xander Schauffele birdied the final hole to win the PGA Championship by one shot over LIV Golf's Bryson DeChambeau.

DD airs The Kerala Story despite protest by CPM, Congress

DD airs The Kerala Story despite protest by CPM, Congress

Rediff.com6 Apr 2024

The Congress in Kerala on Friday approached the Election Commission of India (ECI) against the decision of Doordarshan to telecast the controversial movie The Kerala Story, saying it was a 'tacit effort' to divide society on religious grounds to further the electoral prospects of the ruling Bharatiya Janata Party.

MSCI Index inclusion likely to spur big churn for domestic stocks

MSCI Index inclusion likely to spur big churn for domestic stocks

Rediff.com22 Nov 2023

IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. These stocks, along with six others, are seen attracting cumulative inflows of nearly $2 billion from passive funds tracking MSCI indices. Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors DVR, and Tata Communication are the other six stocks that will be added to the MSCI index, shows an analysis done by Nuvama Alternative & Quantitative Research.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.