News for 'World Bank Group'

South Africa's Miller ready to put Amla's teachings into practice

South Africa's Miller ready to put Amla's teachings into practice

Rediff.com20 Oct 2021

South Africa will open their T20 World Cup campaign against Australia on October 23 at the Sheikh Zayed Cricket Stadium in Abu Dhabi.

Jaitley unlikely to be a minister in new govt on account of ill health

Jaitley unlikely to be a minister in new govt on account of ill health

Rediff.com24 May 2019

Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.

India footballer Jeje patrols Mizoram river to prevent overfishing

India footballer Jeje patrols Mizoram river to prevent overfishing

Rediff.com15 May 2021

The local people of Model Veng have identified a 500m stretch along the banks of the Tuichang, where the fish are believed to have their spawning ground, where they set up a 24-hour patrol, taking different shifts, to prevent overfishing.

The Muslim world, barring Pakistan, detests ISIS: Survey

The Muslim world, barring Pakistan, detests ISIS: Survey

Rediff.com19 Nov 2015

In 11 countries with significant Muslim population people hold overwhelmingly negative views about the Islamic State with the exception of Pakistan where most people have no definite opinion on the terror group, according to a new research.

Digital currency race: China leads. India must catch up

Digital currency race: China leads. India must catch up

Rediff.com23 Oct 2020

India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Rediff.com26 Aug 2022

Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.

Masala Bonds can be new funding source for Indian cos: IFC

Masala Bonds can be new funding source for Indian cos: IFC

Rediff.com10 Apr 2016

Companies stand to benefit in longer term from comparative pricing landscape

What India Inc says about Budget 2022

What India Inc says about Budget 2022

Rediff.com2 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?

'Growth has revived in certain segments'

'Growth has revived in certain segments'

Rediff.com9 Oct 2021

'There are some high-frequency indicators where uptick is visible and some where it is not'

Finally, a shimmer of hope for the 'golden fibre'

Finally, a shimmer of hope for the 'golden fibre'

Rediff.com25 Sep 2022

In the early part of 1800, a 30-acre plot next to Fort Gloster on the banks of river Hooghly in Howrah district of Bengal was the nerve centre of industrial activity; it housed India's first steam-powered cotton mill, Bowreah Mills, which was set up by a British merchant and went on to become a hub of factories - a rum distillery, foundry, cotton yarn factory, an oil mill and a paper mill, et al. Spearheaded by Dwarkanath Tagore, the industrialist grandfather of Rabindranath Tagore, the commercial complex was possibly the first of its kind in the country. Close to 200 years later, after much ebb and flow of history, the hub is set for a resurgence of sorts.

LSE, Deutsche Borse set to create world's biggest exchange

LSE, Deutsche Borse set to create world's biggest exchange

Rediff.com17 Mar 2016

If it goes ahead, the combination would create the world's biggest exchange by revenue.

One-fifth of under-five deaths worldwide occur in India: UN

One-fifth of under-five deaths worldwide occur in India: UN

Rediff.com13 Sep 2013

India alone accounts for more than one-fifth of deaths worldwide of children under the age of five, according to a new UN report released today, which said nearly 6.6 million kids died globally, last year, before reaching their fifth birthday.

Inside the thriving world of India's private detectives

Inside the thriving world of India's private detectives

Rediff.com27 Jul 2018

There's a certain amount of drama to the profession. Sample these taglines: 'We can see the unseen'; 'I can plant my detective in your guest bedroom.' One agency has even ensured that all its phone numbers end in '007'.

G20 action plan praises India for reforms, inclusive growth

G20 action plan praises India for reforms, inclusive growth

Rediff.com9 Jul 2017

It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.

Kabaddi World Cup: England hammer Argentina 68-28; Poland thrash USA

Kabaddi World Cup: England hammer Argentina 68-28; Poland thrash USA

Rediff.com15 Oct 2016

A terrific raiding performance by England saw them record a comfortable 68-28 win over Argentina in the Group A clash of the Kabaddi World Cup at the The Arena by TransStadia` in Ahmedabad on Friday.

Modi, Sitharaman go into huddle over 2nd coronavirus stimulus package

Modi, Sitharaman go into huddle over 2nd coronavirus stimulus package

Rediff.com16 Apr 2020

Prime Minister Narendra Modi on Thursday reviewed the impact of Covid-19 on the Indian economy and a possible second stimulus to boost sectors hit hard by the pandemic. Modi held discussions with Finance Minister Nirmala Sitharaman as the pandemic hit sectors from small industries to the aviation sector hard with millions of jobs at stake.

'We should be moving towards Aatmavishwas Bharat rather than Aatmanirbhar Bharat'

'We should be moving towards Aatmavishwas Bharat rather than Aatmanirbhar Bharat'

Rediff.com23 Feb 2021

'What do the moves towards protectionism suggest?' 'That we do not have Aatmavishwas.' 'If you have self-confidence, confidence in your ability to compete with the best in the world, why do you need protectionism?'

Taliban govt unlikely to survive: William Dalrymple

Taliban govt unlikely to survive: William Dalrymple

Rediff.com12 Sep 2021

"The most successful governments in Afghanistan tend to be those who have the biggest tents, which would include all communities and therefore leave all communities satisfied after a point and do not create massive resentments. Now, this is not a government which I would imagine would successfully govern Afghanistan," Dalrymple, the historian said.

GDP likely to fall to 30-year low, fear analysts

GDP likely to fall to 30-year low, fear analysts

Rediff.com27 Mar 2020

In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.

Why is RBI allergic to 55-year-old bankers?

Why is RBI allergic to 55-year-old bankers?

Rediff.com6 Oct 2020

Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Rediff.com13 Apr 2022

Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.

China could've stopped virus, but didn't: Trump

China could've stopped virus, but didn't: Trump

Rediff.com21 May 2020

The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.

IFC to raise investment in India to $1 bn

IFC to raise investment in India to $1 bn

Rediff.com14 Nov 2003

The International Finance Corporation is planning to increase its investments in India to $1 billion in the next two years even as it has pumped in additional funds in a US-based company with operations in Chennai.

Foreign experts may quit Plan panel

Foreign experts may quit Plan panel

Rediff.com22 Sep 2004

The political storm over foreign consultants in the Planning Commission took a new turn on Wednesday amid indications that experts from the World Bank, McKinsey and ADB

World's markets brace for Wednesday's leap second

World's markets brace for Wednesday's leap second

Rediff.com30 Jun 2015

The majority of global equity trading and a significant proportion of trading in bonds, currencies, commodities and derivatives, is done on electronic platforms

Cash was king in 2020 even as digital transactions increased

Cash was king in 2020 even as digital transactions increased

Rediff.com20 Jan 2021

The hoarding of cash accentuated from the very start of 2020, when the coronavirus pandemic started taking hold the world over, and fear of the pandemic prodded people to remain liquid for emergency use.

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