News for 'World Bank Group'

India may not get to play a major role in reconstruction of Ukraine

India may not get to play a major role in reconstruction of Ukraine

Rediff.com16 Mar 2022

Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.

Why Start-Ups Are Melting Down

Why Start-Ups Are Melting Down

Rediff.com13 Apr 2023

PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.

Qatar's Sheikh Jassim submits final bid for Manchester United

Qatar's Sheikh Jassim submits final bid for Manchester United

Rediff.com29 Apr 2023

In addition to offering a figure to buy the English Premier League soccer club, Sheikh Jassim's proposal also includes a plan for a further significant amount of additional capital and infrastructure investment, the source told Reuters, requesting anonymity because the matter is confidential.

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.

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.

'When the rates of interest fall, EMIs will come down'

'When the rates of interest fall, EMIs will come down'

Rediff.com26 Oct 2022

'Marginal rates will definitely affect the consumer's decision in entering a new transaction, but in reality, they don't affect much because banks/financial institutions have come up with step-up EMIs: 50% of home loans which exceed 15 years in India are prepaid, within 7-8 years.' 'This doesn't happen anywhere in the world.'

'Acceptance of LGBTQIA+ is like Vande Bharat Express'

'Acceptance of LGBTQIA+ is like Vande Bharat Express'

Rediff.com18 Oct 2023

'As it happens in any society, when progress happens, hate also comes out.' 'There is always a bit of a risk and possibility of rejection, particularly by an orthodox section of society.'

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.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

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.

Gulf between China and India market caps widens

Gulf between China and India market caps widens

Rediff.com11 Jan 2021

The country's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 -- 2.4 per cent of the global m-cap.. Ashley Coutinho reports.

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.

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.

The Village of Heroes

The Village of Heroes

Rediff.com7 Jul 2023

The village in Maharashtra has continuously sent soldiers to the Army since World War I. Every other person you meet is a soldier or a retired soldier or is aspiring to be a soldier.

The Secret of Gautam Adani's Success

The Secret of Gautam Adani's Success

Rediff.com2 Nov 2022

Gautambhai has shown that he has ability to withstand payment delays or vexatious court cases. That is where he is on a more comfortable wicket than many others. A revealing excerpt from R N Bhaskar's Gautam Adani: Reimagining Business in India and 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.

Citadel Review: Spy Masala

Citadel Review: Spy Masala

Rediff.com26 May 2023

Citadel proves unworthy of Priyanka's splendour, Madden's intensity or veteran talents like Lesley Manville and Stanley Tucci squandered in banal parts, complains Sukanya Verma.

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.

H1FY23: Adani Stocks Add Rs 7.28 tn

H1FY23: Adani Stocks Add Rs 7.28 tn

Rediff.com17 Oct 2022

All nine Adani stocks saw a rise in their share price in H1FY23, ranging from 6.1% in case of Adani Ports to 102% in case of Adani Power.

WC PIX: Costa Rica stun Japan with late Fuller winner

WC PIX: Costa Rica stun Japan with late Fuller winner

Rediff.com27 Nov 2022

Images from the FIFA World Cup Group E match between Japan and Costa Rica on Sunday.

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.

OPEC Puts Indian Economy On A Slippery Slope

OPEC Puts Indian Economy On A Slippery Slope

Rediff.com18 Oct 2022

Changes in global oil and gas rates matter more to India's economy than other major economies because the country imports around 87 per cent of its oil, half of its gas in the form of LNG, and over 60 per cent of its LPG.

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.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

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.

Bad loan resolution: Is crony capitalism at play?

Bad loan resolution: Is crony capitalism at play?

Rediff.com23 Jul 2021

One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.

Indian economy to grow at 9.5% this year and 8.5% in 2022: IMF

Indian economy to grow at 9.5% this year and 8.5% in 2022: IMF

Rediff.com12 Oct 2021

India's growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections. According to the latest WEO update, released ahead of the annual meeting of the IMF and the World Bank, the world is expected to grow at 5.9 per cent in 2021 and 4.9 per cent in 2022.

Market Giving Sleepless Nights? Read This

Market Giving Sleepless Nights? Read This

Rediff.com30 Nov 2023

If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.

Ola unveils 5 electric motorcycles, launch planned next year

Ola unveils 5 electric motorcycles, launch planned next year

Rediff.com10 Feb 2023

Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.

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.

LPGA Classic: Another top-10 finish for golfer Aditi Ashok

LPGA Classic: Another top-10 finish for golfer Aditi Ashok

Rediff.com19 Jun 2023

Aditi Ashok has risen to 15th on the LPGA's Race to CME Globe and could well go better than career-best 48th in world rankings.

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

Stock Picks: 10 Value Bets For Rich Payoffs

Stock Picks: 10 Value Bets For Rich Payoffs

Rediff.com7 Nov 2023

10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.

'Shivakumar is yet to grow as mass leader'

'Shivakumar is yet to grow as mass leader'

Rediff.com16 May 2023

'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'

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.'

Pak will remain on its terror 'grey list': FATF

Pak will remain on its terror 'grey list': FATF

Rediff.com22 Oct 2021

Pakistan will remain on the 'grey list' of the Financial Action Task Force (FATF) until it further demonstrates that action is being taken against Jamaat-ud-Dawah chief Hafiz Saeed and Jaish-e-Mohammed founder Masood Azhar who are listed as global terrorists by the United Nations, the global anti-money laundering and terror financing watchdog said on Thursday.

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

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

India to be fastest-growing economy, says Kumar Mangalam Birla

India to be fastest-growing economy, says Kumar Mangalam Birla

Rediff.com25 Jul 2022

India is poised to be the fastest-growing major economy in the world and an engine of global growth despite global headwinds, says leading industrialist and Aditya Birla Group Chairman Kumar Mangalam Birla. The economic activity in India has witnessed a sharp recovery to pre-pandemic levels on the back of a rapid and widespread rollout of the vaccination programme, Birla said in the latest annual report of UltraTech Cement Ltd. "A strong digital ecosystem, fiscal and monetary policy and various government schemes helped small and medium enterprises and the worst affected sections of the population to survive while reviving demand and bringing the economy back on track," said Birla while addressing UltraTech's shareholders.

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'