News for 'World Bank'

Banking reforms to go on, macro policies strong: World Bank on Rexit

Banking reforms to go on, macro policies strong: World Bank on Rexit

Rediff.com20 Jun 2016

Onno Ruhl said it is imperative to have a favourable global environment in addition to the domestic advantages.

Gaikwad, Rinku, Patidar back in Test mix after SA debacle

Gaikwad, Rinku, Patidar back in Test mix after SA debacle

Rediff.com27 Nov 2025

Domestic veterans Ruturaj Gaikwad, Rajat Patidar and Rinku Singh could keep the team management interested going forward in Test cricket.

World Bank to give $944 mn loan to India

World Bank to give $944 mn loan to India

Rediff.com2 Nov 2007

According to an agreement signed here, the multi-lateral agency would give 600 million dollars toward boosting rural cooperative credit projects, $280 million for supporting 400 ITIs over four years and 64 million dollars for Karnataka-based water tank management projects.

Club World Cup: Chelsea survive Benfica scare

Club World Cup: Chelsea survive Benfica scare

Rediff.com29 Jun 2025

Extra time goals see Chelsea down 10-man Benfica to advance to quarters

Global economy projected to expand by 3% this year: World Bank

Global economy projected to expand by 3% this year: World Bank

Rediff.com14 Jan 2015

Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, it added.

India got $27 bn remittances in '07: World Bank

India got $27 bn remittances in '07: World Bank

Rediff.com20 Mar 2008

The inward remittances to India has more than doubled from about $12.89 billion in 2000 to $27 billion in 2007. In 2006, inward remittances were $25.43 billion, while the outward flow constituted around $1.58 billion. Rich countries are still the main source of remittances with the United States leading the pack.

World Bank cuts India's 2013-14 GDP growth projection to 4.7%

World Bank cuts India's 2013-14 GDP growth projection to 4.7%

Rediff.com16 Oct 2013

In April, the World Bank had projected India's GDP would grow at 6.1 per cent in the current financial year and at 6.7 per cent the following year.

Tere Ishk Mein Review: Raanjhanaa Redux

Tere Ishk Mein Review: Raanjhanaa Redux

Rediff.com28 Nov 2025

Tere Ishk Mein is a disservice to brilliant actors like Dhanush and Kriti Sanon, who have poured their heart and soul into their performances in a story that fails to honour its characters, notes Divya Nair.

World Bank expects India's GDP growth to reach 8% by 2017

World Bank expects India's GDP growth to reach 8% by 2017

Rediff.com14 Apr 2015

India's GDP growth to reach 8% by 2017. says World Bank

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.

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.

World Bank on what India needs to do to keep remittances steady

World Bank on what India needs to do to keep remittances steady

Rediff.com8 Jan 2015

The World Bank in its report said the relative importance of remittances as a source of external resources is expected to increase further.

India may grow at 5.5% in FY04: World Bank

India may grow at 5.5% in FY04: World Bank

Rediff.com1 May 2003

World Bank on Thursday said that the Indian economy is likely to grow by 5.5 per cent this fiscal, which can increase to 7-8 per cent in the coming years, provided the reforms are speeded up.

India must take innovation to the poor: World Bank

India must take innovation to the poor: World Bank

Rediff.com5 Oct 2007

Disparities in productivity levels across firms within manufacturing sectors is wider in India than in China, Mexico, Russia and Korea, said Mark Dutz, World Bank Senior Economist and editor of the report -- Unleashing India's Innovation.

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.

World Bank finances Rs 224 bn worth projects in India

World Bank finances Rs 224 bn worth projects in India

Rediff.com25 Apr 2012

Seven World Bank-sponsored projects, worth about Rs 22,426 crore (Rs 224.26 billion), are being implemented across the country to improve delivery in centrally-funded schemes and meet other objectives, the government said on Wednesday.

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.

India series perfect prequel to Ashes: Marsh

India series perfect prequel to Ashes: Marsh

Rediff.com13 Oct 2025

Cummins remains a doubtful for the Ashes opener at Perth starting on November 21 but Marsh is among the players who would be in fray for selection for the opening Test of the five-match series.

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.

World Bank keen to double aid to India to $4 bn

World Bank keen to double aid to India to $4 bn

Rediff.com29 Apr 2004

The World Bank is eager to double its assistance to India to about $3-4 billion this fiscal, of which $2 billion could be for infrastructure development alone.

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.

World Bank to extend $1.5 bn support to Swachh Bharat Mission

World Bank to extend $1.5 bn support to Swachh Bharat Mission

Rediff.com23 Mar 2016

The Cabinet on Wednesday approved $1.5 billion (about Rs 9,000 crore) World Bank support for the Swachh Bharat Mission (SBM) in rural areas.

China's GDP set to decline to 7.7%: World Bank

China's GDP set to decline to 7.7%: World Bank

Rediff.com8 Oct 2012

Weak exports and lower investment growth will cut down China's GDP growth, the World Bank said.

Core sector: India to get $4.3 bn World Bank loan

Core sector: India to get $4.3 bn World Bank loan

Rediff.com23 Sep 2009

Of this $2 billion is Banking Sector Support Loan, which will provide budgetary support to India, helping it maintain its broad economic stimulus program by enhancing the capital of select public sector banks.

How I Almost Lost My WhatsApp To A Scam

How I Almost Lost My WhatsApp To A Scam

Rediff.com19 Nov 2025

What looked like a delivery update quickly turned into a WhatsApp hijack, Rishika Shah discovered to her horror.

World Bank to give Rs 5,000 cr loan to PowerGrid

World Bank to give Rs 5,000 cr loan to PowerGrid

Rediff.com15 Jan 2009

The World Bank will give a loan of $1 billion (about Rs 5,000 crore) to power transmission company PGCIL this year for developing infrastructure in the sector.

'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.'

Robust growth should have large impact on the poor: World Bank

Robust growth should have large impact on the poor: World Bank

Rediff.com23 Jan 2015

Global growth should have a large impact on the poor, says World Bank.

S Asia to grow at 7.2%: World Bank

S Asia to grow at 7.2%: World Bank

Rediff.com20 Apr 2004

World Bank to lend $14 billion to fight poverty in

World Bank to lend $14 billion to fight poverty in

Rediff.com12 Dec 2008

The loans, under two separate schemes for seven poorest states and seven middle-income states, will benefit the poor as the funds will be utilized to put infrastructure development on the fast track leading to job-creation and stability.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

Address grievance redressal promptly, RBI guv tells banks

Address grievance redressal promptly, RBI guv tells banks

Rediff.com19 Mar 2025

'In this age of competition, we will not survive long if we do not provide quality service to our consumers'

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

World Bank warns India on fiscal deficit, slow ref

World Bank warns India on fiscal deficit, slow ref

Rediff.com6 Dec 2002

The World Bank has warned India that its growth prospects are weakened by high fiscal deficits and slow reforms, and the country needs to accelerate poverty reduction efforts.

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

Big Upsets! Man City, Inter Milan knocked out of Club World Cup

Big Upsets! Man City, Inter Milan knocked out of Club World Cup

Rediff.com1 Jul 2025

Saudi Arabia's Al-Hilal stunned Manchester City 4-3 in extra-time in Orlando on Monday to pull off one of the shocks of the Club World Cup.

Developing countries to benefit from oil price slump: World Bank

Developing countries to benefit from oil price slump: World Bank

Rediff.com8 Jan 2015

Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries.

Indian economy to grow by 7-7.5% in FY13: World Bank

Indian economy to grow by 7-7.5% in FY13: World Bank

Rediff.com9 Mar 2012

As per official estimates, the Indian economy is likely to expand 6.9 per cent in the current fiscal, much lower than 9 per cent projected during the 2011-12 Budget.

112,000 Tech Jobs Have Vanished In 2025 So Far

112,000 Tech Jobs Have Vanished In 2025 So Far

Rediff.com24 Nov 2025

...compared with 153,000 in all of 2024.