News for 'World Bank Group'

T20 WC Semis: Mitchell Backs NZ's India Experience Ahead of SA Clash

T20 WC Semis: Mitchell Backs NZ's India Experience Ahead of SA Clash

Rediff.com2 Mar 2026

New Zealand batter Daryl Mitchell says Kiwis focus on winning 'little moments' as they prepare for South Africa semi-final showdown.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com13 Mar 2026

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

Eid celebrated in India with prayers, protests

Eid celebrated in India with prayers, protests

Rediff.com21 Mar 2026

Eid al-Fitr was celebrated across India with prayers for peace and brotherhood, alongside protests condemning US-Israel actions in West Asia.

Gulf War: India Is In A Catch-22 Situation

Gulf War: India Is In A Catch-22 Situation

Rediff.com23 Mar 2026

India's handling of the Iran crisis reflects a growing strain between strategic autonomy and geopolitical alignment, observes Ambassador M K Bhadrakumar.

IPL: Billionaire David Blitzer joins bidding war for RCB, Rajasthan Royals

IPL: Billionaire David Blitzer joins bidding war for RCB, Rajasthan Royals

Rediff.com26 Feb 2026

Billionaire David Blitzer, co-founder of Harris Blitzer Sports & Entertainment, is conducting due diligence on Royal Challengers Bengaluru and Rajasthan Royals.

Chapman Ready For Tariq's 'Unique' Threat

Chapman Ready For Tariq's 'Unique' Threat

Rediff.com20 Feb 2026

New Zealand's Mark Chapman believes their frequent matches against Pakistan will give them an edge in their T20 World Cup Super 8s match. He also discussed adapting to the slower Sri Lankan pitches and Mitchell Santner's fitness.

Why Billionaires Are Fighting for IPL Teams

Why Billionaires Are Fighting for IPL Teams

Rediff.com17 Feb 2026

The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.

'Want To Retire Early... Are My Investments Enough?'

'Want To Retire Early... Are My Investments Enough?'

Rediff.com4 Mar 2026

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

World Bank stops all projects in Russia, Belarus with 'immediate effect'

World Bank stops all projects in Russia, Belarus with 'immediate effect'

Rediff.com3 Mar 2022

The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the people of the war-torn country. On February 24, Russian forces launched military operations in Ukraine, three days after Moscow recognised Ukraine's breakaway regions - Donetsk and Luhansk - as independent entities. The decision comes as a large number of countries, organisations and businesses are severing ties and have imposed sanctions on Russia over the country's invasion of Ukraine, and with Belarus for its support and cooperation with Moscow.

8 Islamic nations agree to join Trump's 'Board of Peace'

8 Islamic nations agree to join Trump's 'Board of Peace'

Rediff.com22 Jan 2026

Trump's 'Board of Peace' is being projected by Washington, DC as a new international body to usher in peace and stability in Gaza and beyond, triggering speculation that it could throw a challenge to the United Nations.

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

'Worst Gulf Crisis For Migrants In 50 Years'

'Worst Gulf Crisis For Migrants In 50 Years'

Rediff.com6 Mar 2026

'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'

Gold, Silver Fall: Investors Must Stay Cautious

Gold, Silver Fall: Investors Must Stay Cautious

Rediff.com19 Feb 2026

The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.

India flags 'huge mountain of debt' in developed nations as matter of concern

India flags 'huge mountain of debt' in developed nations as matter of concern

Rediff.com22 Jan 2026

The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.

Trump unveils 'Board of Peace', India skips ceremony

Trump unveils 'Board of Peace', India skips ceremony

Rediff.com22 Jan 2026

India was among the countries not present in Davos when US President Donald Trump unveiled his "Board of Peace" that seeks to work towards bringing lasting peace to Gaza and possibly resolve global conflicts. India is yet to take a call on it, people familiar with the matter said when asked about Trump's invite to PM Modi.

India yet to decide on joining Trump's Board of Peace

India yet to decide on joining Trump's Board of Peace

Rediff.com21 Jan 2026

India is yet to take a call on United States President Donald Trump's invitation to be part of the 'Board of Peace' that will work towards bringing lasting peace to Gaza and possibly resolve global conflicts, people familiar with the matter said on Wednesday.

Bharti Leads CY25 Market-Cap Surge

Bharti Leads CY25 Market-Cap Surge

Rediff.com10 Jan 2026

All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.

U-19 WC: India eye revenge against Pakistan in Super Six

U-19 WC: India eye revenge against Pakistan in Super Six

Rediff.com31 Jan 2026

India face arch-rivals Pakistan in a high-stakes U-19 World Cup Super Six clash, seeking revenge for their crushing Asia Cup final defeat in Bulawayo.

Can India's batting might tame Pakistan's spin threat?

Can India's batting might tame Pakistan's spin threat?

Rediff.com14 Feb 2026

India and Pakistan clash in a highly anticipated T20 World Cup match. India needs middle-order stability and a fit Abhishek Sharma, while Pakistan's spin attack poses a threat. The weather forecast predicts a high chance of rain.

World Bank cuts India's growth forecast to 6.3% in 2023

World Bank cuts India's growth forecast to 6.3% in 2023

Rediff.com6 Jun 2023

Growth in India is expected to slow to 6.3 per cent in FY 2023/24 (April-March), a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services. The World Bank made these points in its latest edition of Global Economic Prospects according to which global growth is projected to decelerate from 3.1 per cent in 2022 to 2.1 per cent in 2023. In Emerging Markets and Developing Economies (EMDEs) other than China, growth is set to slow to 2.9 per cent this year from 4.1 per cent last year. These forecasts reflect broad-based downgrades.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Unity first: Marijne's discipline reset for hockey team

Unity first: Marijne's discipline reset for hockey team

Rediff.com4 Feb 2026

Back as chief coach of the Indian women's hockey team after a four-year hiatus, Sjoerd Marijne is focussed on bringing back unity, discipline and culture in the side, with eyes firmly set on creating a group to qualify for 2028 Los Angeles Olympics.

Ranji Trophy quarters: Mumbai, Karnataka gear up for fierce battle

Ranji Trophy quarters: Mumbai, Karnataka gear up for fierce battle

Rediff.com5 Feb 2026

Mumbai, Karnataka brace for 'mini India' showdown in marquee Ranji QF match

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

MNREGA world's largest public works programme: World Bank

MNREGA world's largest public works programme: World Bank

Rediff.com8 Jul 2015

India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 per cent of the country's population, the World Bank has said.

Forced to Buy Home Loan Insurance? Know Your Rights

Forced to Buy Home Loan Insurance? Know Your Rights

Rediff.com4 Feb 2026

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

World Bank Prez condoles Mumbai tragedy

World Bank Prez condoles Mumbai tragedy

Rediff.com12 Jul 2006

The World Bank condoled the Mumbai blasts and expressed "deepest sympathies" to the families of the victims. \n

World Bank chief to meet Modi to review key priorities

World Bank chief to meet Modi to review key priorities

Rediff.com20 Jul 2014

During that period, the World Bank Group's private sector arm, IFC, committed $1.2 billion in India.

Budget 2026: Next 5 Reforms Needed To Boost Growth

Budget 2026: Next 5 Reforms Needed To Boost Growth

Rediff.com28 Jan 2026

Sustaining 8 per cent-plus growth rates is necessary if we are to reach high-income status by 2047, points out Amitabh Kant.

Remittances to India likely to see 23% drop: World Bank

Remittances to India likely to see 23% drop: World Bank

Rediff.com23 Apr 2020

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.

World Bank arm to give $18 bn loan to India

World Bank arm to give $18 bn loan to India

Rediff.com23 Jul 2014

India is the largest client for the World Bank Group.

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Rediff.com28 Jan 2026

'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'

World Bank approves $1bn COVID-19 aid for India

World Bank approves $1bn COVID-19 aid for India

Rediff.com3 Apr 2020

The World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka.

'Bihar Supplies Labour To The World...'

'Bihar Supplies Labour To The World...'

Rediff.com12 Nov 2025

'...yet struggles to convert that human capital into domestic productivity.'

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

Why There's A Music Revolution

Why There's A Music Revolution

Rediff.com3 Jan 2026

With the music industry pushing for growth in the paid subscription segment, Universal Music India anticipates that the Indian market will mature, potentially becoming a highly impactful paid market for music over the next five years.

Indus Water Treaty: World Bank asks India, Pak to agree to mediation

Indus Water Treaty: World Bank asks India, Pak to agree to mediation

Rediff.com11 Nov 2016

The World Bank's move came as it told the two countries that it was responding to their separate proceedings initiated under the Indus Waters Treaty 1960.