News for 'World Bank'

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

World Bank report warns of heatwaves beyond endurance in India

World Bank report warns of heatwaves beyond endurance in India

Rediff.com7 Dec 2022

Severe heatwaves, responsible for thousands of deaths across India over the last few decades, are increasing with alarming frequency and soon the country could become one of the first places in the world to experience heatwaves that break the human survivability limit, according to a new report.

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

World Bank sanguine on Jharkhand

World Bank sanguine on Jharkhand

Rediff.com15 Jun 2007

A report released by the World Bank had indicated that the financial and socio-economic health of Jharkhand may improve earlier than expected.

Rajan criticises IMF, World Bank

Rajan criticises IMF, World Bank

Rediff.com11 Apr 2014

Reserve Bank Governor Raghuram Rajan today criticised multilateral institutions like the IMF and the World Bank saying "they are not immune to cognitive capture".

Remittance tax: Cost of sending money home to rise for Indians in US

Remittance tax: Cost of sending money home to rise for Indians in US

Rediff.com17 May 2025

In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.

US tariffs: Gems and jewellery exporters seek urgent govt relief

US tariffs: Gems and jewellery exporters seek urgent govt relief

Rediff.com31 Aug 2025

The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to provide immediate relief measures as the tariffs imposed by the United States have started hitting the industry. US tariffs of 50 per cent on Indian goods came into effect on August 27.

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

150 years of BSE: When 100 banks failed and took stockbrokers with them

150 years of BSE: When 100 banks failed and took stockbrokers with them

Rediff.com27 Apr 2025

Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.

Modi's Day Out In Canada

Modi's Day Out In Canada

Rediff.com18 Jun 2025

PM being welcomed by the Prime Minister of Canada, Mr. Mark Joseph Carney on the sidelines of the 51st G7 Summit at Kananaskis, in Canada on June 17, 2025.

Rajan a 'great' central bank governor: World Bank Prez

Rajan a 'great' central bank governor: World Bank Prez

Rediff.com30 Jun 2016

Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.

World Bank praises CMP

World Bank praises CMP

Rediff.com10 Jun 2004

Finding "sense" in the Common Minimum Programme of the United Progressive Alliance government, the World Bank on Thursday said India could at least grow by 6 per cent over the long term, but containing fiscal deficit was important.

Meet India's Corporate Fraudsters

Meet India's Corporate Fraudsters

Rediff.com10 Sep 2025

The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Rediff.com30 Jul 2025

Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.

US Will Eventually Realise India Can't Be Bullied

US Will Eventually Realise India Can't Be Bullied

Rediff.com12 Sep 2025

'Things may get much worse before they get better,' predicts Ajay Chhibber.

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

World Bank must reform policies: Yunus

World Bank must reform policies: Yunus

Rediff.com5 Nov 2007

Nobel Peace Prize laureate and economist Muhammad Yunus has urged the World Bank to reform its policies, saying the development lender has failed to achieve its main goal of eradicating poverty because of its failure to modernise anti-poverty lending programmes.

Kaushik Basu named World Bank's chief economist

Kaushik Basu named World Bank's chief economist

Rediff.com5 Sep 2012

Kaushik Basu, till recently the chief economic adviser of the government of India, who created a political firestorm in April when he said here on the sidelines of the World Bank/International Monetary Fund meetings that no economic reforms were likely in India before 2014 when parliamentary elections are due, has been appointed the World Bank's Chief Economist and Senior Vice President.

MNREGA world's largest public works programme: World Bank

MNREGA world's largest public works programme: World Bank

Rediff.com8 Jul 2015

India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 per cent of the country's population, the World Bank has said.

In Tokyo, Modi pitches India's growth amid US tariff row

In Tokyo, Modi pitches India's growth amid US tariff row

Rediff.com29 Aug 2025

Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.

Climate change: World Bank predicts DISASTER

Climate change: World Bank predicts DISASTER

Rediff.com19 Nov 2012

In a major report prepared for the World Bank by the Potsdam Institute for Climate Impact Research and Climate Analytics, the rise in temperature will trigger a cascade of cataclysmic changes that include extreme heat-waves, declining global food stocks and a sea-level rise affecting hundreds of millions of people.

Lokah Review: Intriguing!

Lokah Review: Intriguing!

Rediff.com1 Sep 2025

The Kalyani Priyadarshan starrer is the kind of incentive superhero origin story that can alter the way such films are made in Malayalam cinema, feels Arjun Menon.

Trump's Tariffs: India's Second 1991 Moment

Trump's Tariffs: India's Second 1991 Moment

Rediff.com29 Aug 2025

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.

Modi@75: The Man Who Changed India

Modi@75: The Man Who Changed India

Rediff.com16 Sep 2025

Let there be no doubt that Modi in these 24 years so far has reshaped politics and governance considerably, if not completely, asserts Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

India's hockey greats lead Punjab flood relief

India's hockey greats lead Punjab flood relief

Rediff.com5 Sep 2025

Former Team India hockey stars Rupinder Pal Singh, Gurwinder Singh Chandi and Jugraj Singh are now engaged in a different 'field work' - they are part of the relief and rescue operations in flood-affected Punjab.

With emphasis on family, Djokovic sole focus is Slams

With emphasis on family, Djokovic sole focus is Slams

Rediff.com23 Aug 2025

Novak Djokovic, who claimed his fourth US Open and last major title in 2023, said he has "earned the right" to pick his schedule.'

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

World Bank Prez condoles Mumbai tragedy

World Bank Prez condoles Mumbai tragedy

Rediff.com12 Jul 2006

The World Bank condoled the Mumbai blasts and expressed "deepest sympathies" to the families of the victims. \n

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Stock markets end flat in volatile trade

Stock markets end flat in volatile trade

Rediff.com14 Aug 2025

Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards.

World Bank chief in India tomorrow

World Bank chief in India tomorrow

Rediff.com16 Nov 2004

World Bank president James D Wolfensohn will begin his two-day India visit from Wednesday to monitor the bank-funded schemes and discuss with government officials ways to step up lending to the country.

India seeks more from World Bank

India seeks more from World Bank

Rediff.com8 Nov 2004

RBI keeps repo rate unchanged amid Trump's tariff threat

RBI keeps repo rate unchanged amid Trump's tariff threat

Rediff.com6 Aug 2025

Since February 2025, the RBI has reduced the policy rate by 100 basis points. In its previous policy review in June, it had trimmed the repo rate by 50 basis points to 5.5 per cent.

Frederick Forsyth Made Us Think About The World's Fault Lines

Frederick Forsyth Made Us Think About The World's Fault Lines

Rediff.com10 Jun 2025

He was a storyteller who made me feel the pulse of history, the stakes of human ambition, and the thrill of a well-told tale. Prem Panicker recalls his debt to Frederick Forsyth, who passed away on Monday.

'We need to bring back Chinnaswamy's lost glory'

'We need to bring back Chinnaswamy's lost glory'

Rediff.com20 Aug 2025

We need to bring cricket and glory back to Chinnaswamy Stadium: Venkatesh Prasad

All 3 Pahalgam terrorists shot in the head: Amit Shah in RS

All 3 Pahalgam terrorists shot in the head: Amit Shah in RS

Rediff.com31 Jul 2025

Home Minister Amit Shah stated in the Rajya Sabha that the terrorists responsible for the Pahalgam attack were killed in Operation Mahadev. He also criticized the Congress party's stance on national security.

RBI's decision to hold rate at 5.5% is misplaced? Or not?

RBI's decision to hold rate at 5.5% is misplaced? Or not?

Rediff.com6 Aug 2025

Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.

Prayagraj-based 'Ram Naam Bank' may open branches in Europe, US

Prayagraj-based 'Ram Naam Bank' may open branches in Europe, US

Rediff.com6 Apr 2025

Indian origin Hindus living in Europe and US are mulling opening overseas chapters of Prayagraj-based 'Ram Naam Bank' in their countries. On the occasion of Ram Navami on Sunday, the idea of opening a Ram Naam Bank was discussed among the devotees in Sweden.

Wolfowitz takes helm at World Bank

Wolfowitz takes helm at World Bank

Rediff.com1 Jun 2005

Paul D Wolfowitz took charge as the World Bank's 10th President on Wednesday.

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

Rediff.com23 Jul 2025

The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.