News for 'World Bank'

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.

Kali Choudhury: From Hemet To Hollywood Park

Kali Choudhury: From Hemet To Hollywood Park

Rediff.com30 Sep 2025

Dr Kali P Choudhury, a visionary entrepreneur immigrated to the United States with almost nothing and built his estate in Hemet before turning his focus to Inglewood.

China's economy to slow down to 7.6% this year: World Bank

China's economy to slow down to 7.6% this year: World Bank

Rediff.com6 Jun 2014

China's new leadership headed by Xi ruled out massive stimulus similar to the one in 2008 which amounted to $645 billion to tide over the global economic crisis.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

'A Domestic Dispute That Became A National Dispute'

'A Domestic Dispute That Became A National Dispute'

Rediff.com7 Nov 2025

'I wanted to go for the heart, and at the same time, open the audience's mind.'

World Bank projects India's growth at over 6% in 2014-15

World Bank projects India's growth at over 6% in 2014-15

Rediff.com15 Jan 2014

According to the report, the global economy is projected to strengthen this year, with growth picking up in developing countries.

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.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

'BJP Isn't Undefeatable In North India, But...'

'BJP Isn't Undefeatable In North India, But...'

Rediff.com19 Nov 2025

'...the electoral playing field is tilted significantly in its favour.'

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

'Digital arrest' most dreaded threat to citizens: President Murmu

'Digital arrest' most dreaded threat to citizens: President Murmu

Rediff.com27 Oct 2025

President Droupadi Murmu addressed Indian Police Service probationers, highlighting the growing threat of 'digital arrest' scams and emphasizing the importance of ethical policing and public service.

JNPT to raise Rs 450 cr to pre-pay World Bank loan

JNPT to raise Rs 450 cr to pre-pay World Bank loan

Rediff.com10 Dec 2003

Jawaharlal Nehru Port Trust will raise Rs 450 crore (Rs 4.50 billion) to pre-pay high interest World Bank loan, the Lok Sabha was informed on Wednesday.

Will Tata Sons Go Public?

Will Tata Sons Go Public?

Rediff.com13 Oct 2025

Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.

US policy towards India takes 'unfortunate turn', says Kaushik Basu

US policy towards India takes 'unfortunate turn', says Kaushik Basu

Rediff.com31 Jul 2025

Former World Bank Chief Economist Kaushik Basu on Thursday said the US economic policy towards India has taken an unfortunate turn, noting that President Donald Trump's harsh stance against New Delhi appears baffling. US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods from August 1, amid signs of a stalemate in the ongoing bilateral trade negotiations between the two countries.

Why We Must Worry About India's Human Rights Record

Why We Must Worry About India's Human Rights Record

Rediff.com18 Oct 2025

In May, 40 Rohingyas were blindfolded and flown to the Andaman and Nicobar islands and then thrown into the sea and made to swim to an island in Myanmar. And after the Pahalgam attack, at least 300 Muslims were 'pushed back' to Bangladesh from Assam.

Has Modi Sacrificed Palestine For Israel Bonhomie?

Has Modi Sacrificed Palestine For Israel Bonhomie?

Rediff.com10 Sep 2025

It is high time India ends its silence on the human cost of the Gaza war and takes a principled stand without diluting its relations with Israel. A largely friendless Tel Aviv today needs New Delhi more than the other way around. India's failure now may cost it diplomatically in the long run, cautions M R Narayan Swamy.

Bumrah Vs Rabada: Battle Of Fire At Eden!

Bumrah Vs Rabada: Battle Of Fire At Eden!

Rediff.com14 Nov 2025

The series promises a fascinating duel between the two modern-day pace greats.

Anupam Mittal's Dhandha Mantra For Start-Up Success

Anupam Mittal's Dhandha Mantra For Start-Up Success

Rediff.com23 Oct 2025

'First, develop the ability to sell -- to persuade, negotiate and close. Second, understand the financial mechanics that determine where value pools and how profits are captured,' says Shaadi.com founder Anupam Mittal.

Govt on track to meet fiscal deficit target of 6.4% for FY23: World Bank

Govt on track to meet fiscal deficit target of 6.4% for FY23: World Bank

Rediff.com6 Dec 2022

The central government is on track to meet its fiscal deficit target of 6.4 per cent of the GDP for 2022-23 on the back of strong growth in revenue collections, the World Bank said in its India Development Update on Tuesday. High nominal GDP growth in the first quarter supported strong growth in revenue collection, especially Goods and Services Tax (GST), despite tax cuts on fuel. Notwithstanding an increase in spending due to expanded fertilizer subsidies and food subsidies for vulnerable households in response to the commodity price shock, the government is on track to meet its FY22/23 fiscal deficit target of 6.4 per cent of GDP and the general government deficit is projected to decline to 9.6 per cent from 10.3 per cent in FY21/22 and 13.3 per cent in FY20/21.

Goldman Sachs bets on Indian aerospace, prefers private firms

Goldman Sachs bets on Indian aerospace, prefers private firms

Rediff.com4 Oct 2025

Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.

'Incredible': Why Trump praised Munir and Sharif

'Incredible': Why Trump praised Munir and Sharif

Rediff.com30 Sep 2025

Former US President Donald Trump claims Pakistan's Prime Minister Shehbaz Sharif and Field Marshal Asim Munir support his plan to end the Gaza conflict, citing their involvement in negotiations and a recent statement of full support.

PIX: Back from ban, China's Zhao is World snooker champion

PIX: Back from ban, China's Zhao is World snooker champion

Rediff.com6 May 2025

Zhao Xintong received a 20-month ban in January 2023 after a match-fixing scandal that rocked the sport, the repercussions of which meant he was classed as an amateur at the World Snooker Championship.

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.

Won't be shy to approach them for advice: Gill

Won't be shy to approach them for advice: Gill

Rediff.com18 Oct 2025

As India prepare for a high-stakes ODI series, all eyes naturally turn to Rohit and Kohli as this series marks their return since the title-winning ICC Champions Trophy Final earlier this year.

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.

Gold's $500 Sprint: Fastest 36-Day Rally Ever

Gold's $500 Sprint: Fastest 36-Day Rally Ever

Rediff.com17 Oct 2025

'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'

Huge prize pot for revamped Club World Cup champions

Huge prize pot for revamped Club World Cup champions

Rediff.com26 Mar 2025

Numerous players and coaches, including England captain Harry Kane, have voiced concern over player welfare with the revamped Club World Cup meaning less time off between seasons.

Divya's Bold Move! Challenges Elite In FIDE Grand Swiss

Divya's Bold Move! Challenges Elite In FIDE Grand Swiss

Rediff.com4 Sep 2025

Women's World Cup winner Divya Deshmukh, who has also qualified for the Women's Candidates, has opted out of the women's section to compete with the best in business.

Football Friendlies: England rout Wales; Denmark batter Belarus

Football Friendlies: England rout Wales; Denmark batter Belarus

Rediff.com10 Oct 2025

England racked up an eighth successive victory against Wales with a 3-0 cruise in an international friendly at Wembley on Thursday.

Is Pakistan's Rise Wake-Up Call For India?

Is Pakistan's Rise Wake-Up Call For India?

Rediff.com22 Oct 2025

New Delhi might have loudly welcomed an age of multipolarity, hedging and strategic autonomy. But it seems the winner in that game is Islamabad, not us, points out Mihir S Sharma.

Payslip To Pension To Long-Term Wealth: How EPF Works

Payslip To Pension To Long-Term Wealth: How EPF Works

Rediff.com9 Oct 2025

A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

How Women Voters Cemented Nitish Kumar's Political Fortress

How Women Voters Cemented Nitish Kumar's Political Fortress

Rediff.com6 Sep 2025

For nearly two decades, Nitish Kumar has cultivated women as a distinct constituency. 'To create a broader vote base, he thought it would be better to bring women to electoral politics.'

All eyes on Praggnanandhaa at Grand Swiss

All eyes on Praggnanandhaa at Grand Swiss

Rediff.com2 Sep 2025

Praggnanandhaa takes on a strong field at Grand Swiss, eyes Candidates berth

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'