News for 'World Bank Group'

SoftBank gets ready for 3rd Indian innings

SoftBank gets ready for 3rd Indian innings

Rediff.com25 May 2017

With a new $100-billion technology fund, SoftBank is likely to go after market leaders.

HDFC among world's top-10 consumer finance firms

HDFC among world's top-10 consumer finance firms

Rediff.com10 May 2015

It is ranked 7th on the list of world's top-10 consumer finance firms

How the banking crisis will hit Indian economy

How the banking crisis will hit Indian economy

Rediff.com18 Jul 2016

A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.

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.

Chat with the author who dared to expose the Sahara group!

Chat with the author who dared to expose the Sahara group!

Rediff.com6 Jun 2014

The journalist-turned author will be available for a live chat on rediff.com on Friday, June 6, 3 pm.

'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.'

Facebook's parent Meta to fire another 10,000 people

Facebook's parent Meta to fire another 10,000 people

Rediff.com14 Mar 2023

Facebook's parent company Meta announced on Tuesday it will fire another 10,000 people, implementing a second round of jobs cuts after it slashed 11,000 positions in November last year, to improve its financial performance in a "difficult environment". Meta founder Mark Zuckerberg said in a post that overall "we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven't yet hired." The company has said that in its "Year of Efficiency", the company aims to make itself "a better technology company and to improve our financial performance in a difficult environment so we can execute our long-term vision."

Lifting the veil on high priests of globalization

Lifting the veil on high priests of globalization

Rediff.com19 Apr 2011

Bilderberg, which has been called the high priests of glabalization, is accused of running a shadowy global government.

England's Kane announces himself on world stage

England's Kane announces himself on world stage

Rediff.com19 Jun 2018

Kane takes to world stage as England edge past Tunisia

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.

WPL: Beginning of new dawn for India's Gen-Next

WPL: Beginning of new dawn for India's Gen-Next

Rediff.com3 Mar 2023

The stage is set for the inaugural edition of the Women's Premier League, which will get underway in Mumbai on Saturday.

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.

SBI's merger plan may lead to a banking meltdown

SBI's merger plan may lead to a banking meltdown

Rediff.com5 Oct 2016

'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'

The People Have Spoken!

The People Have Spoken!

Rediff.com11 Dec 2023

Religion matters. Aspirational India is still poor. India admires strong leaders. India values decency. Shreekant Sambrani highlights the reasons why the BJP pulled off improbable victories in the Hindi heartland.

Rescue plan for Sahara in doubt as Spanish bank denies loan

Rescue plan for Sahara in doubt as Spanish bank denies loan

Rediff.com25 Mar 2015

Spanish bank denies credit line to bail Sahara boss.

The India stack is unique in the world: Naspers CEO

The India stack is unique in the world: Naspers CEO

Rediff.com21 Sep 2018

Bob van Dijk, chief executive officer of Naspers, is now betting on companies in food tech, payments, travel and other consumer sectors to tap the potential of the Indian market.

Shell seeks waiver of bank guarantee norm

Shell seeks waiver of bank guarantee norm

Rediff.com1 Apr 2003

Royal Dutch/Shell, the world's third largest oil and gas group, has sought waiver of the Rs 500 crore (Rs 5 billion) bank guarantee norm for grant of licence to sell petrol and diesel.

Canada bans World Tamil Movement

Canada bans World Tamil Movement

Rediff.com18 Jun 2008

Citing terror threats from the outfit, Canada has banned the World Tamil Movement and freezed its assets. Two months ago, the federal police sought court nod to seize the WTM's bank accounts.

WC Preview: France out to end Messi's World Cup dreams

WC Preview: France out to end Messi's World Cup dreams

Rediff.com28 Jun 2018

After playing the most soporific game of the World Cup so far, France will feature in a seismic last-16 clash of former champions with a resurgent Argentina on Saturday, and they will have to drastically improve if they are to stop Lionel Messi.

India is world's most open, investment friendly economy: Modi @ Brics

India is world's most open, investment friendly economy: Modi @ Brics

Rediff.com14 Nov 2019

Noting that India has 'limitless possibilities and countless opportunities', Modi urged the BRICS business leaders to take advantage of them.

Istanbul: Memories And The City

Istanbul: Memories And The City

Rediff.com18 Jul 2023

The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.

India to get $ 1.5 bn loan from ADB to buy Covid vax

India to get $ 1.5 bn loan from ADB to buy Covid vax

Rediff.com25 Nov 2021

The Asian Development Bank has approved a US$ 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.

10 Indian CEOs among world's most-influential chief executives

10 Indian CEOs among world's most-influential chief executives

Rediff.com29 Jul 2019

Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.

SBI in 'Hall of Shame' of banks funding cluster bomb makers

SBI in 'Hall of Shame' of banks funding cluster bomb makers

Rediff.com19 Jun 2016

The maximum number of banks are from the US (74), followed by China (29) and South Korea (26).

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.

Barclays-ABN talk $160-billion merger

Barclays-ABN talk $160-billion merger

Rediff.com20 Mar 2007

British bank Barclays Plc could jump into the league of top three foreign banks in India from 13 at present if it succeeds in merging its Dutch rival ABN Amro with itself in a deal that could create a combined entity worth $160 billion.

Coronavirus to shave $50 bn off global exports in Feb

Coronavirus to shave $50 bn off global exports in Feb

Rediff.com5 Mar 2020

UN economists announced a likely USD 50 billion drop in the worldwide manufacturing exports in February alone as the extent of the damage to the global economy caused by the novel coronavirus (COVID-19) moved further into focus. Citing the China Manufacturing Purchasing Manager's Index (PMI), Pamela Coke-Hamilton, who heads UNCTAD's Division on International Trade and Commodities, said that it had fallen to 37.5 -- a drop of about 20 points -- the lowest reading since 2004. "This also correlates directly to exports and also implies a two per cent drop in overall exports," she said, with a resulting "ripple effect" worldwide "to the tune of a USD 50 billion fall in exports."

As demand for EV batteries picks up, makers eye lithium reserves

As demand for EV batteries picks up, makers eye lithium reserves

Rediff.com3 Jul 2023

The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs.

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.

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.

DRT directs J P Morgan Bank not to disburse $40 mn to Mallya

DRT directs J P Morgan Bank not to disburse $40 mn to Mallya

Rediff.com17 May 2016

The Debt Recovery Tribunal (DRT) on Tuesday directed Diageo Plc not to disburse $40 million of the $75 million sweetheart deal to him.

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.

Fearing defaults, banks rein in credit to jewellery firms

Fearing defaults, banks rein in credit to jewellery firms

Rediff.com16 Jan 2015

It was unclear how bankers were deciding which jewellers to support

Egypt's strategic partnership for India, highest award for Modi

Egypt's strategic partnership for India, highest award for Modi

Rediff.com25 Jun 2023

El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.

FIFA scandal: Banks did not do enough, says global agency

FIFA scandal: Banks did not do enough, says global agency

Rediff.com22 Jun 2015

A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.

31 MoUs signed on day one of Vibrant Gujarat Summit

31 MoUs signed on day one of Vibrant Gujarat Summit

Rediff.com11 Jan 2015

India Inc very keen to do business in Gujarat.

De-allocate 3 mines, chop bank guarantee of 4 blocks: IMG

De-allocate 3 mines, chop bank guarantee of 4 blocks: IMG

Rediff.com19 Sep 2012

The panel also recommended deduction of bank guarantee of four mines, including one given jointly to the world's largest steel producer ArcelorMittal and GVK Powers, an official statement said.

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".

Do you know what impact investing is?

Do you know what impact investing is?

Rediff.com10 Jun 2019

'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.

BRICS bank opens cooperation opportunities with S America: PM

BRICS bank opens cooperation opportunities with S America: PM

Rediff.com17 Jul 2014

Modi said South America has tremendous potential.