News for 'World Bank Group'

Huge difference between pre- and post-2014 India, Modi tells diaspora in Bali

Huge difference between pre- and post-2014 India, Modi tells diaspora in Bali

Rediff.com15 Nov 2022

Prime Minister Narendra Modi on Tuesday asserted that there is a "huge difference" between pre- and post-2014 India, saying the country is now moving ahead at an "unprecedented speed and scale" as he showcased the achievements of his term in power to the Indian diaspora in Indonesia.

New BRICS bank? Not too soon!

New BRICS bank? Not too soon!

Rediff.com15 Jul 2014

The leaders of the five emerging market economies are expected to sign a deal on Tuesday that creates the $100 billion bank and a reserves fund of the same size to challenge Western dominance over global finance.

Stokes on how England bounced back after shock Ireland loss

Stokes on how England bounced back after shock Ireland loss

Rediff.com13 Nov 2022

The shock loss to Ireland did hurt but the players moved on quickly from that 'little blip' to focus on the road ahead, said star England all-rounder Ben Stokes.

The Crisis at India's public sector banks

The Crisis at India's public sector banks

Rediff.com26 Feb 2018

The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.

Par panel against corporates getting bank licences

Par panel against corporates getting bank licences

Rediff.com27 Sep 2013

A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for deciding on applications.

SoftBank buys $627 million stake in Snapdeal

SoftBank buys $627 million stake in Snapdeal

Rediff.com28 Oct 2014

The cash-rich Japanese company made waves with its plans to grow outside its home base last year when it bought No. 3 US mobile carrier Sprint Corp for $21.6 billion.

Meet Ajay Banga, banking's new star

Meet Ajay Banga, banking's new star

Rediff.com2 Sep 2005

How did an Indian Army brat become one of the most powerful bankers in the world?

Here's why 2018 World Cup favourites feel optimistic

Here's why 2018 World Cup favourites feel optimistic

Rediff.com2 Dec 2017

The favourites to win next year's World Cup in Russia were given navigable paths to the last 16 with the coaches of Germany, Brazil, Argentina and Spain having reason to feel reasonably optimistic after Friday's draw.

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Rediff.com26 Apr 2022

Thousands of demonstrators have hit the streets since April 9, as the government ran out of money for vital imports; prices of essential commodities have skyrocketed and there are acute shortages in fuel, medicines and electricity supply.

Take long-term view, place border issue in appropriate position: China responds

Take long-term view, place border issue in appropriate position: China responds

Rediff.com28 Apr 2023

After India firmly told China that its violation of the border pacts has "eroded" the entire basis of bilateral ties, China's defence ministry on Friday said the situation at the border is "generally stable" and both sides should put the boundary issue in an "appropriate position" and promote its transition to "normalised management".

'We want to usher in a new era in Indian banking'

'We want to usher in a new era in Indian banking'

Rediff.com24 Aug 2015

Bandhan Bank is the first bank to be launched in eastern India post Independence.

Stuart Binny banking on extra pace to seal World Cup spot

Stuart Binny banking on extra pace to seal World Cup spot

Rediff.com22 Dec 2014

Cut-throat competition is expected when it comes to making the final-15 for the 2015 ICC World Cup and all-rounder Stuart Binny feels the extra pace he has gained of late makes his case stronger ahead of the all important selection early next month.

Modiji: Privatise Banks Now!

Modiji: Privatise Banks Now!

Rediff.com12 Mar 2018

'Modi wants to reverse everything Nehru did, but is shy of touching his daughter's most unwise policies.' 'There is no example of this more stark than bank nationalisation,' says Shekhar Gupta.

Islamic State opens bank, moves towards statehood

Islamic State opens bank, moves towards statehood

Rediff.com9 Jan 2015

Any attempt to defang Islamic State must first cut off its main sources of funding, especially its revenue from oil sales, extortion and crime, ransom payments, and support from foreign donors. This will also be need to be backed up by efficient forces on the ground.

'The sooner we junk the rhetoric of freebies, the better'

'The sooner we junk the rhetoric of freebies, the better'

Rediff.com1 Sep 2022

'Welfare schemes are not a necessary evil, they are a necessary good.'

Why Is It An Attack On India?

Why Is It An Attack On India?

Rediff.com7 Feb 2023

India's Right-wing has sought to own our democracy by making itself appear the stuff of majority, and sometimes, a national ethos older than the Constitution on which our democracy is based, argues Shyam G Menon.

Modi, world leaders to attend Jay-Z, Sting event at Central Park

Modi, world leaders to attend Jay-Z, Sting event at Central Park

Rediff.com27 Sep 2014

Around 60,000 people are expected to attend the free Global Poverty Project Global Citizens festival in Central Park on September 26. One of them will be Prime Minister Narendra Modi.

Gita Gopinath to quit as IMF chief economist, return to Harvard

Gita Gopinath to quit as IMF chief economist, return to Harvard

Rediff.com20 Oct 2021

IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.

ICICI group to train 1 lakh youth by 2017: Kochhar

ICICI group to train 1 lakh youth by 2017: Kochhar

Rediff.com15 Jul 2016

Chanda Kochhar said a large section of youth, mainly underprivileged have little access to training that can increase their employability.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Why Aussie keeper Ryan hopes his World Cup bills keep on rising

Why Aussie keeper Ryan hopes his World Cup bills keep on rising

Rediff.com25 Jun 2018

Mathew Ryan asked his family if anyone wanted to come and watch him play in the World Cup in Russia, there was an enthusiastic response - from 27 of them.

Revealed: 6-point plan to revive TN economy

Revealed: 6-point plan to revive TN economy

Rediff.com7 Sep 2020

The Palaniswami government is expected to utilise the Rangarajan Committee's recommendations before the 2021 assembly election.

Yamuna at all-time high, Kejriwal sends SOS to Centre

Yamuna at all-time high, Kejriwal sends SOS to Centre

Rediff.com12 Jul 2023

Delhi Chief Minister Arvind Kejriwal on Wednesday urged the Centre to intervene to ensure that levels of the Yamuna, flowing at an all-time high of 207.55 metres, don't rise further.

What Does Adani's NDTV Takeover Mean?

What Does Adani's NDTV Takeover Mean?

Rediff.com15 Dec 2022

News, as a business, faces its biggest crisis ever, globally. To fight it needs investment in feet-on-the-ground journalism, tech tools like artificial intelligence among other things.

When President Wanted To Get Rid Of Rajiv Gandhi

When President Wanted To Get Rid Of Rajiv Gandhi

Rediff.com26 Jul 2023

Gianiji had crafted his moves with the meticulous planning of a chess grandmaster. He did not know whether a checkmate was feasible, as his time was running out, but he wanted Rajiv Gandhi to smell the fear of loss. A fascinating excerpt from K C Singh's The Indian President: An Insider's Account of the Zail Singh Years.

Swiss move on taxes to help developing nations

Swiss move on taxes to help developing nations

Rediff.com24 Oct 2013

Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.

Alibaba breaks records, IPO ranked world's biggest

Alibaba breaks records, IPO ranked world's biggest

Rediff.com22 Sep 2014

Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.

Global forex probe ensnares a dozen large banks

Global forex probe ensnares a dozen large banks

Rediff.com10 Nov 2013

These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.

How F C Kohli and TCS conquered the world

How F C Kohli and TCS conquered the world

Rediff.com7 Dec 2020

Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.

China to feel increasingly isolated: Adani

China to feel increasingly isolated: Adani

Rediff.com27 Sep 2022

Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.

Govt enlists measures to improve ease of doing business

Govt enlists measures to improve ease of doing business

Rediff.com16 Aug 2014

Govt unveils reforms that cuts down time and bureaucracy.

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

There will be no winning side in Ukraine war: India at UN

There will be no winning side in Ukraine war: India at UN

Rediff.com6 May 2022

India's Permanent Representative to the UN Ambassador T S Tirumurti said India remains on the side of peace.

Why banks will have fewer branches

Why banks will have fewer branches

Rediff.com19 May 2017

'With technology advancing rapidly, the need for branches is declining.'

Capex tops India Inc's 2023 to-do list

Capex tops India Inc's 2023 to-do list

Rediff.com9 Jan 2023

Indian companies are planning to increase investments in the new year to expand capacity, acquire companies, and go on a hiring spree, a survey of top executives showed. They, however, cited rising costs, weak consumer demand, and increasing interest rates as major concerns for 2023 which may impact their plans.

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Rediff.com10 Feb 2023

The Supreme Court on Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani group's stock value.

13 Indian banks lost out about 40 mn pounds in Force India sale: bidder

13 Indian banks lost out about 40 mn pounds in Force India sale: bidder

Rediff.com30 Sep 2018

Russian fertiliser group Uralkali said that by turning down its higher bid for the company, the administrators had denied the extra funds that would have accrued to the shareholder of Force India - Mallya's Orange India Holdings Sarl - which is subject to a freezing order issued by the UK's High Court in favour of his 13 creditor Indian banks, led by the State Bank of India.

Pak to remain in FATF's 'Grey List' till Feb 2020: Reports

Pak to remain in FATF's 'Grey List' till Feb 2020: Reports

Rediff.com16 Oct 2019

The anti-terror watchdog has decided to give respite of four months to Pakistan to help her implement remaining recommendations of the task force.

Hinduja Group expanding in defence sector in big way: Gopi

Hinduja Group expanding in defence sector in big way: Gopi

Rediff.com29 Mar 2015

Hinduja Group expanding in defence sector in big way: Gopi

Anshu Jain resigns as Deutsche Bank co-CEO: Report

Anshu Jain resigns as Deutsche Bank co-CEO: Report

Rediff.com6 Jul 2015

Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors