News for 'World Bank Group'

People from southern Israel leave homes, take shelter in Jerusalem amid war

People from southern Israel leave homes, take shelter in Jerusalem amid war

Rediff.com22 Oct 2023

Israel's ministry of defence and the Israel defence forces on Sunday said they are planning to evacuate another 14 communities close to the Lebanese border, The Times of Israel reported.

Renewable energy: Avaada, others up the ante against conglomerates

Renewable energy: Avaada, others up the ante against conglomerates

Rediff.com24 Dec 2023

When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

Rediff.com5 Apr 2023

Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.

'Hindenburg-Adani will become yesterday's news'

'Hindenburg-Adani will become yesterday's news'

Rediff.com3 Mar 2023

'The market will focus on the fact that India does have strong earnings growth this year.'

Sri Lanka pitches for Saarc Bank

Sri Lanka pitches for Saarc Bank

Rediff.com6 Nov 2014

Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.

'Modi Fatigue Has Set In'

'Modi Fatigue Has Set In'

Rediff.com3 Apr 2024

'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'

Das urges G20 nations to resolutely address global challenges

Das urges G20 nations to resolutely address global challenges

Rediff.com24 Feb 2023

RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy. Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, Das said although the outlook for the global economy has improved in recent months and there is now greater optimism that the world may avoid a deep recession and only experience slow growth or softer recession,"yet uncertainties lie ahead of us." "Together we must resolutely address the challenges that confront us, including those that are of medium to long-term nature such as threat to financial stability, debt distress, climate finance, fractures in global trade and strains on global value chains.

Time is running out for Lakshmi Vilas Bank

Time is running out for Lakshmi Vilas Bank

Rediff.com14 Nov 2019

'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.

Who is George Soros? The man who criticised Narendra Modi

Who is George Soros? The man who criticised Narendra Modi

Rediff.com17 Feb 2023

George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.

Bank stake sales in insurance, MF arms hit a wall

Bank stake sales in insurance, MF arms hit a wall

Rediff.com3 Oct 2019

Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in acquiring stakes in insurance arms or mutual funds of other lenders.

'Hard to see how Hamas can be defeated'

'Hard to see how Hamas can be defeated'

Rediff.com26 Oct 2023

'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'

Asia Cup: Electrifying atmosphere of India-Pakistan clash missing

Asia Cup: Electrifying atmosphere of India-Pakistan clash missing

Rediff.com2 Sep 2023

A cricket match involving India and Pakistan is not just about top-quality cricket, but it is also about roaring fans giving the stadium the atmosphere of a Roman colosseum.

Macron will attend World Cup if France reach semi-finals

Macron will attend World Cup if France reach semi-finals

Rediff.com25 May 2018

"If the French team passes beyond the quarter-finals I will come and support," Macron said during a joint news conference with Russian President Vladimir Putin.

'Next 10-20 years are going to be India's golden years'

'Next 10-20 years are going to be India's golden years'

Rediff.com19 Jun 2023

'Even where we are now today, the growth rates are very good, but we need to get to 8-9 per cent growth in the years to come.'

Inflation to further decline, assures Sitharaman

Inflation to further decline, assures Sitharaman

Rediff.com14 Dec 2022

Finance minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there is no fear of stagflation in India. Replying to the debate on first batch of Supplementary Demands for Grants 2022-23 in Lok Sabha, the finance minister said inflation has come down and it is now in the tolerable band of the RBI. Inflation has been declining since April 2022 and it is declining further, she said.

Travellers from G20 nations can use UPI in India: RBI

Travellers from G20 nations can use UPI in India: RBI

Rediff.com8 Feb 2023

The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood.

This Is Not The End Of Gautam Adani

This Is Not The End Of Gautam Adani

Rediff.com13 Feb 2023

Mr Adani has a fight on his hands. It is not a fight to the death, asserts T N Ninan.

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Rediff.com29 Sep 2023

Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.

Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Rediff.com2 Nov 2022

Renowned women's rights activist and founder of the Self Employed Women's Association (SEWA) Ela Bhatt passed away in Ahmedabad on Wednesday due to age-related ailments, her associates said.

Evolution of branchless banking in India

Evolution of branchless banking in India

Rediff.com11 Sep 2014

For people at the bottom of the pyramid, which I would rather address as mass market or emerging class; the primary challenge in accessing banking services are not just affordability but applicability and accessibility of services.

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Rediff.com6 Feb 2024

Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.

How Pele transformed Brazil into footballing superpower

How Pele transformed Brazil into footballing superpower

Rediff.com30 Dec 2022

Pele's greatest contribution to both soccer and Brazil was to transform his underachieving nation into a footballing superpower.

Why TCS Picked Krithivasan As CEO

Why TCS Picked Krithivasan As CEO

Rediff.com22 Aug 2023

Krithi Krithivasan is the kind of person one might look to when the need is to calm things down and put things back on track.

The nefarious world of C Sivasankaran

The nefarious world of C Sivasankaran

Rediff.com30 Apr 2018

Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.

What Are Messi, Neymar, Ronaldo Doing In Kerala?

What Are Messi, Neymar, Ronaldo Doing In Kerala?

Rediff.com18 Nov 2022

FIFA tweeted a picture of the cutouts, saying 'World Cup fever has hit Kerala'.

Gill reveals India's game plan against Pakistan!

Gill reveals India's game plan against Pakistan!

Rediff.com9 Sep 2023

Shubman Gill said India's batters will have to dominate unlike last time when the top order was blown away for 66.

'Banking sector needs a T N Seshan!'

'Banking sector needs a T N Seshan!'

Rediff.com23 Mar 2016

'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'

Leo Varadkar, The PM Who Likes Jalebis

Leo Varadkar, The PM Who Likes Jalebis

Rediff.com5 Apr 2024

'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.

Role of creditors to be probed in Nitin Desai death case: Fadnavis

Role of creditors to be probed in Nitin Desai death case: Fadnavis

Rediff.com3 Aug 2023

Shelar demanded that Desai's death should not be treated just as a case of accidental death, but must be dealt with from a larger perspective.

Meta expands WhatsApp payments service in India

Meta expands WhatsApp payments service in India

Rediff.com20 Sep 2023

WhatsApp on Wednesday announced the expansion of its payments service in India to make it easier for people transacting with businesses to pay for purchases directly in the chat, with a choice of UPI apps, including rival digital payment options, as well as credit and debit cards. Meta founder and CEO Mark Zuckerberg asserted that India is leading the world in people and businesses embracing messaging. WhatsApp said it is working with partners Razorpay and PayU "to make paying for something as simple as sending a message", as the Meta-owned platform unveiled a host of new features to woo businesses in India's booming commerce market.

Is India Distancing Itself From Israel?

Is India Distancing Itself From Israel?

Rediff.com27 Dec 2023

India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.

How BRICS plans to combat tax evasion

How BRICS plans to combat tax evasion

Rediff.com4 Sep 2017

The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape

'Markets Won't Enter Bear Territory Anytime Soon'

'Markets Won't Enter Bear Territory Anytime Soon'

Rediff.com23 Mar 2023

'Markets could face uncertainty in the short to medium term.' 'It would be prudent to invest in alternative asset classes, especially debt, for about a year.' 'Bank fixed deposits are offering rates as high as 9 per cent per annum and these can be used as a great hedging tool until equity markets stabilise.'

Alibaba gets approval to establish private bank in China

Alibaba gets approval to establish private bank in China

Rediff.com29 Sep 2014

China's e-commerce giant Alibaba, which completed the world's largest initial public offering ever this month, has won approval from authorities in Beijing to establish a private bank as it diversify into financial services.

Taliban say they're 'not trained' to respect women

Taliban say they're 'not trained' to respect women

Rediff.com26 Aug 2021

Taliban spokesperson Zabiullah Mujahid said that women should not go to work for their own safety.

How Meta Is Supersizing WhatsApp

How Meta Is Supersizing WhatsApp

Rediff.com11 Oct 2023

WhatsApp's advantage is that it is the first app millions of Indian check first thing in the morning and innumerable times during the day and night.

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Rediff.com16 Sep 2022

Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Rediff.com24 Jun 2023

Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.

Nippon, Reliance Group launch India funds for Japan investors

Nippon, Reliance Group launch India funds for Japan investors

Rediff.com1 Sep 2014

The Prime Minister's visit to Japan reinforces the strategic focus of global partnership between India and Japan.