News for 'World Bank India'

India's New Trilemma

India's New Trilemma

Rediff.com9 Jul 2024

...Kids, jobs, emigration, notes Ajit Balakrishnan.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

'Vaibhav ne hamare zilla ka naam roshan kiya hai'

'Vaibhav ne hamare zilla ka naam roshan kiya hai'

Rediff.com29 Apr 2025

At 14 years and 32 days, Suryavanshi became the youngest player to score a century in T20 cricket, dethroning Vijay Zol, aged 18 years and 118 days, when he scored 109 against Mumbai in 2013.

'Olympians won't fill forms anymore'

'Olympians won't fill forms anymore'

Rediff.com24 Apr 2025

India's Sports Minister Mansukh Mandaviya launched the Digilocker facility for athletes, making it mandatory for national federations to digitise certificates and other essential documents of sportspersons within the next year. The initiative, launched in the presence of representatives from 40 National Sports Federations, aims to ensure hassle-free record-keeping and prevent exploitation of athletes. The cloud-based platform, developed by Digital India Corporation (DIC), allows for storage and verification of documents. The ministry has also announced that physical certificates will no longer be considered valid after one year.

Pakistan's Saud Shakeel timed out after falling asleep!

Pakistan's Saud Shakeel timed out after falling asleep!

Rediff.com6 Mar 2025

Saud was playing for State Bank in the final and he was waiting for his turn to bat when two wickets fell in two balls, pacer Muhammad Shahzad dismissing Umar Amin and Fawad Alam.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

India moved fewer people to non-agri jobs than most neighbouring nations

India moved fewer people to non-agri jobs than most neighbouring nations

Rediff.com13 Apr 2024

India has managed to move a smaller share of its working-age population away from farm-related work than many of its neighbours. Bangladesh, Bhutan, Sri Lanka and Nepal managed to shift a bigger share of jobs to non-agricultural work than India, shows data from the year 2000 to 2023 the compiled from the World Bank's April South Asia Development Update report. Only Pakistan and the Maldives show a lower shift among South Asian peers.

Equity markets likely to trade in positive territory on Friday

Equity markets likely to trade in positive territory on Friday

Rediff.com10 Apr 2025

Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

Modi, Vance welcome progress on Indo-US bilateral trade pact

Modi, Vance welcome progress on Indo-US bilateral trade pact

Rediff.com22 Apr 2025

Prime Minister Narendra Modi and US Vice President JD Vance have expressed satisfaction with the progress made in negotiations for a bilateral trade agreement. The two leaders met in New Delhi and discussed a range of bilateral issues, including cooperation in energy, defense, strategic technologies, and other areas. They also exchanged views on regional and global issues of mutual interest.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

Pahalgam Attack: Unfinished Battle Against Terrorism

Pahalgam Attack: Unfinished Battle Against Terrorism

Rediff.com30 Apr 2025

The Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.

Tata Power, BoB ink pact for rooftop solar projects

Tata Power, BoB ink pact for rooftop solar projects

Rediff.com6 Feb 2025

Tata Power Renewable Energy Ltd (TPREL) has partnered with Bank of Baroda to offer financing for residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. The partnership aims to make clean energy solutions accessible to households across India. Customers can avail loans up to Rs 6 lakh at an interest rate starting at 7 per cent per annum. The scheme offers flexible repayment tenures and requires a margin contribution of 10-20 per cent depending on the installation size.

India's spin duo is a nightmare: Rachin warns

India's spin duo is a nightmare: Rachin warns

Rediff.com14 Oct 2024

Ashwin and Jadeja together have grabbed over 800 Test wickets, and are among the most experienced bowling pairs in world cricket at present.

Pahalgam attack: What Putin, Trump, Netanyahu said

Pahalgam attack: What Putin, Trump, Netanyahu said

Rediff.com23 Apr 2025

World leaders, including US President Donald Trump, Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu, condemned the terror attack in Jammu and Kashmir that killed 26 people, expressing solidarity with India. The attack was claimed by The Resistance Front (TRF), a proxy of the Pakistan-based Lashkar-e-Taiba (LeT) terrorist group. The attack came during US Vice President J D Vance's maiden visit to India. Prime Minister Modi, who had arrived in Saudi Arabia on a two-day visit earlier in the day, cut short his visit and departed for New Delhi on Tuesday night following the attack.

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

India overtakes Hong Kong as world's fourth-largest stock market

India overtakes Hong Kong as world's fourth-largest stock market

Rediff.com23 Jan 2024

Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell. Among the individual stocks, Cipla, ICICI Bank, Sun Pharma, Power Grid Corp, and Bharti Airtel were the top five gainers, while Asian Paints, Hindustan Unilever, Britania, HDFC Bank, and BPCL the losers, NSE data showed. On Monday, Indian stock exchanges were closed for trading on the occasion of Pran Pratistha of Ram Temple in Ayodhya.

US Fed rate cut unlikely to impact foreign inflows into India

US Fed rate cut unlikely to impact foreign inflows into India

Rediff.com19 Sep 2024

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. He said the US Federal Reserve has done what it assesses is good for the largest economy in the world, but the RBI will take a decision on interest rate cut keeping the Indian economy in mind. "It is a positive for the global economy, including the Indian economy. "It is a 50 basis points cut from a high level.

'TN should compete with US, China, and not Indian states'

'TN should compete with US, China, and not Indian states'

Rediff.com26 Mar 2025

'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'

2025: 13 Least Explored Places In India

2025: 13 Least Explored Places In India

Rediff.com8 Jan 2025

A list of lesser-travelled destinations in India that you must explore this year!

'Pakistan Has Come A Long Way Since March 3, 2009'

'Pakistan Has Come A Long Way Since March 3, 2009'

Rediff.com22 Feb 2025

'International cricket is incomplete without Pakistan.'

Will Nirmalaji Target Fiscal Deficit?

Will Nirmalaji Target Fiscal Deficit?

Rediff.com28 Jan 2025

The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

Air India banks on artificial intelligence to cut call centre costs

Air India banks on artificial intelligence to cut call centre costs

Rediff.com20 Jun 2024

Air India's use of artificial intelligence (AI) has had a huge impact on the airline major's call centre volumes and the technology integration has reduced costs by 100 times, a senior company executive said on Wednesday. The airline launched its own chatbot AI.g, earlier known as Maharaja, in May 2023. The chatbot has answered approximately two million queries since its launch, handling 93 per cent of customer inquiries without needing to pass them on to call centre agents, said Sathya Ramaswamy, Chief Digital and Technology Officer, Air India.

Money in Swiss banks: India slips to 74th place

Money in Swiss banks: India slips to 74th place

Rediff.com30 Jun 2019

The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.

Can RCB End IPL Jinx?

Can RCB End IPL Jinx?

Rediff.com19 Mar 2025

RCB will look to Virat Kohli not just for runs but also for inspiration as they chase that elusive IPL title -- a drought that has persisted for the last 17 years since the IPL's inception in 2008.

Markets open higher ahead of Budget presentation

Markets open higher ahead of Budget presentation

Rediff.com1 Feb 2025

From the 30-share blue-chip pack, ITC Hotels, IndusInd Bank, Mahindra & Mahindra, Sun Pharma, UltraTech Cement and NTPC were among the biggest gainers. Titan, Kotak Mahindra Bank, Nestle, Asian Paints, HCL Tech and ICICI Bank were among the laggards.

Saurabh Walker: New Zealand banking on Indian analyst for World Cup

Saurabh Walker: New Zealand banking on Indian analyst for World Cup

Rediff.com2 Oct 2023

Shaping strategies to suit different oppositions and venues will be key for every team during the World Cup and New Zealand have an Indian, who is familiar with conditions and owns the data to assist them -- Saurabh Walkar, their performance analyst.

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

'A Tsunami is coming on April 2': Oppn on Trump's tariff war

'A Tsunami is coming on April 2': Oppn on Trump's tariff war

Rediff.com28 Mar 2025

Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.

'Pahalgam attack has a Hamas footprint'

'Pahalgam attack has a Hamas footprint'

Rediff.com28 Apr 2025

'It was inspired by the Hamas attack and was like their attack -- well planned and well executed.'

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

IPL Auction: Why Punjab broke the bank for Shreyas Iyer

IPL Auction: Why Punjab broke the bank for Shreyas Iyer

Rediff.com24 Nov 2024

Punjab Kings head coach Ricky Ponting rated Shyreas Iyer as the ideal choice to lead the team in IPL 2025.

'Rely On Your Intelligence, Not On AI'

'Rely On Your Intelligence, Not On AI'

Rediff.com29 Jan 2025

'You must be good at using AI as a tool of learning but do not give up your own critical thinking.'

Maha Kumbh: Seers warn politicians against...

Maha Kumbh: Seers warn politicians against...

Rediff.com3 Feb 2025

Saints and seers gathered at the Triveni Sangam for the 'Amrit Snan' on the occasion of Basant Panchami on Monday cautioned political leaders against misusing Sanatan Dharma and spreading rumours for political gain, and praised Chief Minister Yogi Adityanath over arrangements at the Maha Kumbh.

Good times are ahead: Puri on natural gas availability

Good times are ahead: Puri on natural gas availability

Rediff.com17 Feb 2025

Ongoing strategic investment into assets abroad, alongside gas purchases being made by India, will soon allow the country to access as much gas as it needs, Petroleum and Natural Gas Minister Hardeep Singh Puri said on the sidelines of India Energy Week (IEW 2025).

Want A Govt Job? 10 Competitive Exams You Can Take

Want A Govt Job? 10 Competitive Exams You Can Take

Rediff.com29 Jan 2025

rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.

Don't Blame Tax Rate For Market Volatility

Don't Blame Tax Rate For Market Volatility

Rediff.com7 Mar 2025

'Tax rate and stock markets are entirely two different things.'

50:50 Chance Of An RBI Rate Cut

50:50 Chance Of An RBI Rate Cut

Rediff.com4 Feb 2025

'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.

Tsari Yatra May Help Ease India China Tensions

Tsari Yatra May Help Ease India China Tensions

Rediff.com2 Jan 2025

Why can't the Indian government propose to the Chinese a corridor circumambulating the Holy Mountain where people from both sides could perform the yatra again? asks Claude Arpi.