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World Bank approves $1bn COVID-19 aid for India

In South Asia, the World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka. IMAGE: Railway police......

'As Tunnels Increase We See More Incidents'

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.' IMAGE: Army Engineer Task Force with medical teams deployed for the......

Ajay Banga will be a 'transformative leader': Biden

Ajay Banga will be a 'transformative leader', who will bring expertise, experience, and innovation to the position of World Bank president, United States President Joe Biden has said after the top......

Biden appoints 2 Indian-Americans to advisory panel for trade policy

US President Joe Biden on Friday named two Indian-Americans -- Revathi Advaithi, CEO of Flex, and Manish Bapna, CEO of the Natural Resources Defence Council -- to the advisory committee for trade......

'Cybercrime has surpassed drug trafficking'

IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Gerd Altmann/Pixabay.com Financial institutions are 300 times more vulnerable to......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff In September 2006, the Union government had put the Satara......

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential......

Keki Mistry and Renu Karnad to join HDFC Bank board

The merger of HDFC with HDFC Bank created a banking behemoth with a market cap of $180 billion - the fourth largest bank in the world. Manojit Saha reports. Photograph: Danish......

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working......

Aadhaar-Based Face Authentication Soon For Big Online Transfers

While UIDAI has given a nod for face authentication, banks need to join the process. This illustration was generated using ChatGPT and is intended solely for representational purposes. Any......

Will Poonawalla Let Karan Johar Thrive?

A non-strategic investor like Adar Poonawalla brings in not only capital but also creative freedom.Indian cinema needs more investors like him, reports Vanita Kohli Khandekar. IMAGE: Karan Johar......

Penguin to produce Ali Bacher's biography

Dr Ali Bacher has joined forces with Penguin Books South Africa and Standard Bank on a project to produce his long-awaited authorised biography.Theformer executive director of the ICC Cricket World......

Border stumped by Cricket Australia's financial woes

'It was only a couple of years ago we had a couple hundred million dollars in the bank, then all of a sudden we're broke by August this year?' IMAGE: Kevin Roberts resigned on Tuesday and was......