News for 'World Bank Group'

Sony World Photography Awards 2022 Winners

Sony World Photography Awards 2022 Winners

Rediff.com14 Apr 2022

The World Photography Organisation has announced the overall winners of the prestigious Sony World Photography Awards 2022.

BRICS to admit 6 new countries from Jan 1, 2024

BRICS to admit 6 new countries from Jan 1, 2024

Rediff.com24 Aug 2023

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.

'No one knows who funds the BJP'

'No one knows who funds the BJP'

Rediff.com16 Feb 2024

'Who has given how much money to which party, the people of India must know this fact.'

USISPF Or USIBC? Who Gets Modi's Vote?

USISPF Or USIBC? Who Gets Modi's Vote?

Rediff.com12 Jun 2023

Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.

Xi's China Dream Gets India Pushback

Xi's China Dream Gets India Pushback

Rediff.com15 Sep 2023

As India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.

Davis Cup: Can India upset Italy and qualify for Group Finals?

Davis Cup: Can India upset Italy and qualify for Group Finals?

Rediff.com31 Jan 2019

World No. 16 Marco Cecchinato will spearhead Italy's challenge, while they also have the experienced world No. 37 Andreas Seppi as they look to continue their good record against India.

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.

IMF sees India as 'bright spot' in global economy, says PM Modi

IMF sees India as 'bright spot' in global economy, says PM Modi

Rediff.com11 Jan 2023

Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India's strong "macroeconomic fundamentals", Modi said while virtually addressing the inaugural function of the 7th edition of Invest Madhya Pradesh-Global Investors Summit in Indore. In the past eight years, the government has increased the speed of reforms and removed many hurdles in the way of investments.

How easy is it to do business in India? Now vs 5 years ago

How easy is it to do business in India? Now vs 5 years ago

Rediff.com10 Aug 2015

Explore the map to see and compare different countries' Doing Business Index in 2015.

A better world after Covid?

A better world after Covid?

Rediff.com13 May 2020

It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.

IMF revises India's FY24 forecast to 6.1%

IMF revises India's FY24 forecast to 6.1%

Rediff.com25 Jul 2023

The IMF on Tuesday projected a growth rate of 6.1 per cent for India in 2023, which is a 0.2 percentage point upward revision compared with the April projection. This is reflective of the "momentum" from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, the International Monetary Fund (IMF) said. "Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection," it said in its latest update of the World Economic Outlook.

New framework to deal with banks' toxic assets soon

New framework to deal with banks' toxic assets soon

Rediff.com20 Apr 2017

While they have restructured loans, there is still question mark over the success of such a work-out

India, England out to foil Windies in T20 World Cup

India, England out to foil Windies in T20 World Cup

Rediff.com16 Oct 2021

West Indies will again rely on a hardened bunch of Twenty20 specialists as they bid to retain their World Cup title, but are set for a stern test from India, out to secure a first global trophy under Virat Kohli, and an England team bidding to become champions in two formats.

India Tops On Crypto Adoption

India Tops On Crypto Adoption

Rediff.com23 Dec 2023

'India's emergence as a top crypto market comes despite a regulatory and tax environment that can be challenging for the industry to navigate.'

Neeraj to spearhead 22-member Indian team at World Athletics

Neeraj to spearhead 22-member Indian team at World Athletics

Rediff.com1 Jul 2022

Jeswin Aldrin, who had already qualified for the championships, however missed the cut.

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Rediff.com25 May 2023

Ahmedabad-based Nirma group and leading private equity firms have joined the race to acquire BSE-listed Glenmark Life Sciences. The acquisition by chemicals-to-cement major Nirma, if successful, would be a major boost for the health-care segment of the group, on the lines of its successful entry into the cement sector following its purchase of Lafarge India's assets for about Rs 9,400 crore in July 2016. It later followed up by buying Emami cement assets for Rs 5,500 crore in February 2020.

'Subrata Roy was arbitraging between India and Bharat'

'Subrata Roy was arbitraging between India and Bharat'

Rediff.com16 Nov 2023

'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'

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.

As food prices spiral, fight against inflation not over: RBI report

As food prices spiral, fight against inflation not over: RBI report

Rediff.com18 Jul 2023

The spike in food prices at the onset of the monsoon season has corroborated the Reserve Bank of India's (RBI's) view that the fight against inflation is far from over, the State of the Economy report of the central bank said. At the same time, the report said that the country is poised to become the fastest-growing major economy in the world, notwithstanding some sequential moderation in economic activity in June. Consumer Price Index (CPI)-based inflation rate increased to 4.8 per cent in June 2023, from 4.3 per cent in May, primarily on account of an increase in food inflation.

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

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.

Adani plans to build 10 GW solar manufacturing capacity by 2027

Adani plans to build 10 GW solar manufacturing capacity by 2027

Rediff.com2 Oct 2023

Billionaire Gautam Adani's group is planning to build 10 GW of integrated solar manufacturing capacity by 2027, as it looks to capture energy transition business, sources close to the company said. Adani Group currently has a solar manufacturing capacity of 4 GW. Adani Solar has a confirmed order book of over 3,000 MW in exports that are to be serviced over the next 15 months, they said, adding Adani, recently, raised $394 million for solar manufacturing from Barclays PLC and Deutsche Banks AG through a trade finance facility.

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.

World's 10 largest employers

World's 10 largest employers

Rediff.com24 Apr 2015

Retail giant Walmart has the world's largest number of employees.

ICICI Bank: A bank in your pocket

ICICI Bank: A bank in your pocket

Rediff.com6 Oct 2015

With Pockets, ICICI Bank aims to target first-time customers.

Meet Sandeep Bakhshi, the new CEO of ICICI Bank

Meet Sandeep Bakhshi, the new CEO of ICICI Bank

Rediff.com4 Oct 2018

A seasoned banker with over 30 years of experience, Bakhshi is a mechanical engineer from Punjab Engineering College, Chandigarh. He has a post-graduate degree in management from Xavier Labour Relations Institute.

US vetoes UN resolution on immediate Gaza ceasefire; UK abstains from voting

US vetoes UN resolution on immediate Gaza ceasefire; UK abstains from voting

Rediff.com9 Dec 2023

The 15-nation Council met on Friday to vote on the resolution tabled by the United Arab Emirates and backed by over 90 member states. The resolution got the backing of 13 Council members who voted in its favour while the United Kingdom abstained.

'The more we automate, the more work will come'

'The more we automate, the more work will come'

Rediff.com10 Feb 2024

'We do not see people getting reduced, but because of automation, we will do more work.'

Captain Mithali wants young players to enjoy World Cup time

Captain Mithali wants young players to enjoy World Cup time

Rediff.com26 Feb 2022

India's captain Mithali Raj says youngsters like Shafali Verma and Richa Ghosh have shown that they have the ability to compete at the highest level and the last few series have helped the team figure out its composition ahead of women's ODI World Cup next month.

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Rediff.com19 Dec 2022

Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year. The acquisition by the Adani group across cement, media and ports dominated the headlines with the conglomerate making its foray into the cement sector by buying Swiss materials firm Holcim's stake in Ambuja Cements for $6.5 billion. The Adani family's additional $4-billion open offer for Ambuja did not get a response because shareholders preferred to stay invested with the new owner.

'Israel like James Bond has a licence to kill'

'Israel like James Bond has a licence to kill'

Rediff.com21 Nov 2023

'But unlike Bond who killed an individual, Israel is killing a nation.'

EC reveals electoral bond donors, but not who gave which party

EC reveals electoral bond donors, but not who gave which party

Rediff.com15 Mar 2024

From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.

'I don't think I will die so fast'

'I don't think I will die so fast'

Rediff.com16 Nov 2023

'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'

India to top global remittances with $71 billion this year

India to top global remittances with $71 billion this year

Rediff.com7 Oct 2014

Other large recipients are China ($64 billion), the Philippines ($28 billion), Mexico ($24 billion), Nigeria ($21 billion), Egypt ($18 billion), Pakistan ($17 billion), Bangladesh ($15 billion), Vietnam ($11 billion) and Ukraine ($9 billion).

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

Ola keen to build cell manufacturing plant

Ola keen to build cell manufacturing plant

Rediff.com7 Jun 2022

SoftBank Group-backed Ola Electric is in talks with multiple global suppliers to build a battery cell manufacturing plant in India with a capacity of up to 50-gigawatt hours, sources said. As part of its broader electrification push, the firm plans to invest in companies with advanced cell and battery technology, alongside the 50 Gwh battery plant. Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, which the company plans to manufacture in the future.

Tatas are committed to make Air India a world-class airline: Chandra

Tatas are committed to make Air India a world-class airline: Chandra

Rediff.com27 Jan 2022

"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.

India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.