News for 'World Bank'

Satyam hits back at World Bank, demands apology

Satyam hits back at World Bank, demands apology

Rediff.com26 Dec 2008

Three days after the World Bank decided to ban it for eight years, Satyam Computer Services today hit back and demanded an apology from the bank for "certain inappropriate statements" made by its representatives.

'US visa issues won't affect 2026 FIFA World Cup'

'US visa issues won't affect 2026 FIFA World Cup'

Rediff.com6 Apr 2025

France football great Marcel Desailly does not feel that visa issues relating to entering the United States will have any impact on the 2026 FIFA World Cup.

World Bank may fund Mumbai Trans Harbour Link project

World Bank may fund Mumbai Trans Harbour Link project

Rediff.com25 Oct 2011

The Mumbai Metropolitan Region Development Authority, which is implementing the project, said that it was in talks with the World Bank for funding the project.

India's poverty higher than World Bank's estimates: Govt

India's poverty higher than World Bank's estimates: Govt

Rediff.com21 Oct 2015

There is lack of scientific basis in computing the poverty line, says govt.

At G7 Summit, Modi urges global action against terrorism

At G7 Summit, Modi urges global action against terrorism

Rediff.com18 Jun 2025

Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Rediff.com2 Aug 2025

'This is not just about Modi saying it, every Indian should say this -- if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people'

India's poor may shrink 75% by new World Bank formula

India's poor may shrink 75% by new World Bank formula

Rediff.com4 Aug 2014

Purchasing power parity revision set to alter poverty estimation; fall won't be so steep once the global poverty line is revised too.

World Bank urges India to implement VAT

World Bank urges India to implement VAT

Rediff.com22 May 2003

Implementation of the VAT regime, strongly favoured by the Kelkar committee on tax reforms, has been hanging fire since April this year.

World Bank cuts China growth forecast

World Bank cuts China growth forecast

Rediff.com21 Mar 2009

The World Bank on Wednesday lowered its economic growth forecast for China this year to 6.5 per cent, down from 7.5 per cent at the end of last November, after huge falls in exports and shrinking private sector investment.

Why Trump Turned on India, Embraced Pakistan

Why Trump Turned on India, Embraced Pakistan

Rediff.com6 Aug 2025

Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.

India, China gain more say in World Bank

India, China gain more say in World Bank

Rediff.com26 Apr 2010

The World Bank and The International Monetary Fund concluded their annual spring meeting here by increasing the voting rights of India, China and Brazil, among others, thus giving them more say in the institutions' functioning.

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

India Wants Pakistan Back On FATF 'Grey List'

India Wants Pakistan Back On FATF 'Grey List'

Rediff.com26 May 2025

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.

India closes gates of another dam; Chenab River levels drop sharply

India closes gates of another dam; Chenab River levels drop sharply

Rediff.com5 May 2025

The Indus Waters Treaty, brokered by the World Bank, has governed the use of the Indus River and its tributaries between India and Pakistan since 1960.

Sensex, Nifty hit new highs on World Bank ranking

Sensex, Nifty hit new highs on World Bank ranking

Rediff.com1 Nov 2017

The market rally was driven by strong buying in telecom, banking, realty, metal, FMCG and PSU counters.

Focus on employment-oriented education: World Bank

Focus on employment-oriented education: World Bank

Rediff.com13 Apr 2011

Better learning for all students worldwide is vital because economic growth, better development, and significantly less poverty depend on the knowledge and skills that people gain, not the years spent in a classroom, it said while launching its education strategy for the next decade.

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

World Bank bars Wipro, Megasoft, 3 more firms

World Bank bars Wipro, Megasoft, 3 more firms

Rediff.com12 Jan 2009

Megasoft became the third Indian software vendor to have attracted the World Bank's ire, while Nestor Pharmaceuticals and Gap International were non-IT entities.

Every One Of These Pictures Tell A Story

Every One Of These Pictures Tell A Story

Rediff.com16 Jul 2025

Glimpses from around the world that will make you smile and cry.

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.

CII expects GDP to grow 6.4-6.7% in FY26

CII expects GDP to grow 6.4-6.7% in FY26

Rediff.com3 Jul 2025

India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.

What's Pushing India-US Ties To Breaking Point?

What's Pushing India-US Ties To Breaking Point?

Rediff.com16 Aug 2025

The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

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.

World Bank arm to give $18 bn loan to India

World Bank arm to give $18 bn loan to India

Rediff.com23 Jul 2014

India is the largest client for the World Bank Group.

RBI to invest $4.3 bn in World Bank bonds

RBI to invest $4.3 bn in World Bank bonds

Rediff.com12 Sep 2013

The government on Thursday permitted RBI to invest $4.3 billion in special bonds of the World Bank, which would raise the agency's lending limit to India by a similar amount to $21.8 billion for infrastructure investment.

Onno Ruhl is World Bank Country Director for India

Onno Ruhl is World Bank Country Director for India

Rediff.com10 Sep 2012

Ruhl, a Dutch national, was previously the Director for Operations Services and Quality in the South Asia Region of the World Bank, the multi-lateral funding agency said in a statement on Monday.

The Future Belongs To Thinkers And Communicators

The Future Belongs To Thinkers And Communicators

Rediff.com29 Jul 2025

'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'

India's economy to shrink by 3.2% in FY21: World Bank

India's economy to shrink by 3.2% in FY21: World Bank

Rediff.com8 Jun 2020

However, the Indian economy is expected to bounce back in 2021, the World Bank said.

World Bank expert clears Baglihar project

World Bank expert clears Baglihar project

Rediff.com12 Feb 2007

The expert overruled Pakistan's other technical objections.

World Bank may peg India's GDP at 5.5%

World Bank may peg India's GDP at 5.5%

Rediff.com15 Dec 2012

Reforms can be the game changer for poor and help economy goes back on growth trajectory.

World Bank to commit $5 bln for developmental projects in India

World Bank to commit $5 bln for developmental projects in India

Rediff.com15 Jul 2014

In the 12-month cycle starting July 2013 and ending June 2014, World Bank had made financial commitments close to $5.2 billion in India.

World Bank predicts a slip in India's GDP

World Bank predicts a slip in India's GDP

Rediff.com10 Jan 2008

World Bank has predicted a downward trend for India's GDP in 2008. China to follow too.

England get Moeen Ali's expertise ahead of 2nd Test

England get Moeen Ali's expertise ahead of 2nd Test

Rediff.com1 Jul 2025

Head coach Brendon McCullum and spin bowling coach Jeetan Patel were seen having a long conversation with Ali.

Era of cheap food is over: World Bank

Era of cheap food is over: World Bank

Rediff.com15 May 2008

"Oil prices are not going to come down. The era of cheap food is over and prices are likely to remain high for at least the next 10 years," World Bank South Asia Region Vice-President Praful Patel told PTI. He said the current situation has 'caught the whole world by surprise' and the crisis was due to a combination of factors, he said.

Worst over but recovery still fragile: World Bank

Worst over but recovery still fragile: World Bank

Rediff.com21 Jan 2010

In its report 'Global Economic Prospects 2010' the World Bank has said: 'Global GDP, which declined by 2.2 per cent in 2009, is expected to grow 2.7 per cent this year and 3.2 per cent in 2011'.