News for 'World Bank Group'

India, UAE seal defence pact, set $200 bn trade target

India, UAE seal defence pact, set $200 bn trade target

Rediff.com20 Jan 2026

Under the defence partnership, India and the UAE are eyeing defence industrial collaboration and cooperation in advanced technologies, cyberspace training, special operations, interoperability of their militaries and counter terrorism.

Digital Scams Are Getting Smarter

Digital Scams Are Getting Smarter

Rediff.com12 Dec 2025

'Just like oral hygiene, cyber hygiene must become a daily habit,' says Beena Vaheed, executive director, Bank of Baroda. 'It is not enough to rely only on banks, companies, or the government. Each of us must play our part.'

Why Freebies May Not Save Stalin's DMK

Why Freebies May Not Save Stalin's DMK

Rediff.com16 Jan 2026

While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.

US Treasury's David Malpass bags World Bank's top job

US Treasury's David Malpass bags World Bank's top job

Rediff.com5 Apr 2019

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

'Christians Can Be Taken For Granted'

'Christians Can Be Taken For Granted'

Rediff.com6 Jan 2026

'Mob fury has become very common these days. And these attacks are all planned very well.' 'In all these attacks, you see that they have a very clear cut plan to make the victims as the oppressors and the guilty.' 'The attackers escape and they face no consequences as they have the backing of some political leaders.'

How the World Bank plans to help India

How the World Bank plans to help India

Rediff.com4 Dec 2009

World Bank President Robert Zoellick on Friday called on Prime Minister Manmohan Singh and discussed funding for the changing needs of the country.

Coming Up, World Corporate Chess In Goa

Coming Up, World Corporate Chess In Goa

Rediff.com15 Sep 2025

'India is quickly becoming the beating heart of modern chess, and its role as an economic power is more and more visible.'

World Bank to provide $14 bn for infra projects

World Bank to provide $14 bn for infra projects

Rediff.com12 Dec 2008

The bulk loan offered to India is for developing its infrastructure projects and to achieve the millennium development goals. Further, part of the loan would be spent in the seven low-income states -- Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Orissa, Rajasthan, and Uttar Pradesh -- to support the poverty reduction programmes.

World Bank chief to visit India on March 11

World Bank chief to visit India on March 11

Rediff.com8 Mar 2013

This will be Jim Young Kim's first visit to India after taking over as President of the World Bank Group last July.

'Confident of good trade deal with US'

'Confident of good trade deal with US'

Rediff.com21 Nov 2025

Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.

World Bank pits India as fastest-growing economy

World Bank pits India as fastest-growing economy

Rediff.com5 Jun 2017

Even as the World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growing major economy in the world, the World Bank officials said.

World Bank plans training for business scribes

World Bank plans training for business scribes

Rediff.com3 Jul 2007

The IFC Global Corporate Governance Forum has signed an agreement with the Reuters Foundation to encourage these journalists and help them report on governance more effectively, the two organisations said.

'World Bank's biz cities report must have measurable targets'

'World Bank's biz cities report must have measurable targets'

Rediff.com18 Jul 2014

The World Bank group has been publishing annually 'Doing Business Report' since 2004.

How Your Grievances Can Be Fixed!

How Your Grievances Can Be Fixed!

Rediff.com14 Oct 2025

CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.

How To Buy Gold Wisely In 2026

How To Buy Gold Wisely In 2026

Rediff.com15 Dec 2025

From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?

Jamiat chief flags Muslim discrimination, cites Al Falah case; draws flak

Jamiat chief flags Muslim discrimination, cites Al Falah case; draws flak

Rediff.com23 Nov 2025

Jamiat Ulama-i-Hind chief Maulana Arshad Madani's remarks alleging discrimination against Muslims, citing the Al Falah University case, have sparked a row with the BJP, who accused him of supporting terrorists.

World Bank projects displaced 380,000 in India

World Bank projects displaced 380,000 in India

Rediff.com22 Apr 2015

For the remaining projects, it is difficult to arrive at an estimate.

Gujarat woman held for links to global cyber slavery racket

Gujarat woman held for links to global cyber slavery racket

Rediff.com26 Nov 2025

Gujarat police arrest a woman allegedly involved in trafficking job aspirants to Myanmar and Thailand for cyber slavery. The accused lured people with promises of high-paying jobs and forced them to work for international cyber crime syndicates.

Why Rishikesh Is Simply Glorious!

Why Rishikesh Is Simply Glorious!

Rediff.com20 Nov 2025

Why Rishikesh calls you again and again.

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

Rediff.com7 Oct 2022

About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.

World Bank 'commits' to fulfil obligations under Indus Waters Treaty

World Bank 'commits' to fulfil obligations under Indus Waters Treaty

Rediff.com28 Sep 2016

The Pakistani delegation, in its meetings with World Bank officials, insisted on early appointment of the judges and setting up the court.

50 Mn To 100 Mn Indians Suffer From Long Covid

50 Mn To 100 Mn Indians Suffer From Long Covid

Rediff.com2 Dec 2025

Even by conservative assumptions that 5 to 10 per cent of infected individuals develop long Covid, India today may be home to 50 to 100 million infected individuals -- many silently coping with breathlessness, fatigue, palpitations, brain fog, or unexplained clotting tendencies.

Vietnam: A Boat Ride To Remember!

Vietnam: A Boat Ride To Remember!

Rediff.com1 Dec 2025

A boat ride through Vietnam's most glorious landscape.

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

Kashi Dazzles With Over 2,600,000 Diyas

Kashi Dazzles With Over 2,600,000 Diyas

Rediff.com6 Nov 2025

Once a quiet riverside ritual, Dev Deepawali has evolved into UP's largest soft-power spectacle -- merging faith, art, enterprise into a global cultural brand that reflects state's growing confidence.

India may overtake China, emerging economies, says World Bank

India may overtake China, emerging economies, says World Bank

Rediff.com11 Jun 2015

Indian economy is expected to grow at over 7.5 per cent, to overtake China.

Will Tata Sons Go Public?

Will Tata Sons Go Public?

Rediff.com13 Oct 2025

Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.

How To Choose MFs Smartly

How To Choose MFs Smartly

Rediff.com3 Dec 2025

Investors who constantly hop between 'top-performing' funds often end up earning far lower returns than the very funds they invest in -- simply because they enter late and exit early. Best investors don't chase returns, they chase discipline, says Ramalingam Kalirajan.

World Bank arm to sell 1.8% stake in Bandhan Bank

World Bank arm to sell 1.8% stake in Bandhan Bank

Rediff.com2 Jan 2018

Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.

Arun Jaitley to attend annual IMF-World Bank meeting in April

Arun Jaitley to attend annual IMF-World Bank meeting in April

Rediff.com2 Apr 2019

RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are also expected to attend the meetings.

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Rediff.com8 Oct 2025

Payment apps PhonePe and Paytm have helped citizens avert potential financial frauds worth Rs 200 crore by using the fraud risk indicator platform developed by the Department of Telecom, a senior Walmart group official said on Wednesday.

Club World Cup: Chelsea set up Benfica clash

Club World Cup: Chelsea set up Benfica clash

Rediff.com25 Jun 2025

Group winners Flamengo were held 1-1 by Los Angeles FC to finish on seven points, one ahead of Chelsea. Esperance finished third with three points while LA FC were bottom with one point.

US nominates Jim Yong Kim as World Bank prez for 2nd term

US nominates Jim Yong Kim as World Bank prez for 2nd term

Rediff.com25 Aug 2016

'Re-electing Jim Yong Kim will allow the World Bank to continue to build on important initiatives and reforms.'

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

'We Have To Blame Ourselves, Not Macaulay'

'We Have To Blame Ourselves, Not Macaulay'

Rediff.com27 Nov 2025

'We kept importing educational models from outside that had no connection to our cultural and intellectual strengths.'

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Rediff.com31 Oct 2025

Prime Minister Narendra Modi on Friday launched a sharp attack on country's first premier Jawaharlal Nehru, claiming he prevented Sardar Vallabhbhai Patel from fully integrating Kashmir into the Indian Union.

India's economic slump an aberration: World Bank

India's economic slump an aberration: World Bank

Rediff.com5 Oct 2017

Responding to questions, the World Bank president insisted that this slowdown is temporary.