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Extreme poverty in India falls by over 21%: World Bank

India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day. Image......

After IMF, India to oppose World Bank's $20 bn loan to Pak

India will next month oppose the World Bank funding to Pakistan, just as it had done in the case of the International Monetary Fund, arguing that Islamabad had used such funds in the past to......

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan. Illustration: Dominic Xavier/Rediff When I......

'People Knew Manmohan Singh Had No Vested Interest'

'Maybe he was wrong, but they believed he genuinely meant what he said.' IMAGE: Then finance minister Dr Manmohan Singh arrives at Parliament March 15, 1996, to present India's 1995-1996 Budget.......

Will lift liquor ban in Bihar if....: Prashant Kishor's JSP

Prashant Kishor's Jan Suraaj Party on Sunday reiterated that if voted to power, it will scrap the ban on sale and consumption of liquor in Bihar imposed by the Nitish Kumar government. IMAGE: Jan......

World Bank raises India's growth projection to 6.5% for 2025-26

The World Bank on Tuesday raised India's growth forecast for the current fiscal to 6.5 per cent from 6.3 per cent estimated earlier, and said the country is expected to remain fastest-growing major......

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard. Photograph: ANI Photo......

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty. Photograph:......

Indian Digital Payment Intelligence Corporation To Combat Fraud

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud. Illustration: Dominic Xavier/Rediff Similar......

World Bank ups India growth forecast to 7% for FY25

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent from an earlier projection of 6.6 per cent in the current fiscal, helped by recovery in the agri sector and......

Rajinikanth's Love Affair With Bollywood

Rajinikanth may have made his last Hindi film two decades ago but he can still set the screen alight, blazing away with a gun that has dozens of barrels.As Thalaiva turns 75 on December 12, Dinesh......

'This Is Why Trump Has Scored'

'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.' IMAGE: US President......

Coming Up, World Corporate Chess In Goa

'India is quickly becoming the beating heart of modern chess, and its role as an economic power is more and more visible.' IMAGE: Goa to host the 2025 World Corporate Chess Championship with FIDE.......

Jujitsu champ Rohini Kalam found dead at home

Her younger sister, Roshni, discovered her hanging in her room and immediately alerted the family. She was rushed to a nearby hospital but was declared brought dead. IMAGE: Rohini Kalam had......

Ronaldo fan Abhishek eyes World Cup glory

'I had a feeling from within that this tournament (Asia Cup) would be something special, but I did not think that I would become the player-of-the-tournament.' IMAGE: Forward Abhishek scored six......

Football Friendlies: England rout Wales; Denmark batter Belarus

Tuchel's England thump woeful Wales in friendly IMAGE: Morgan Rogers celebrates scoring England's first goal against Wales during the friendly match at Wembley on Thursday. Photograph: Hannah......

It's Official! Kerala to host Messi-Led Argentina!

IMAGE: World Champions Argentina to play FIFA friendly against unnamed opponents in November. Photograph: Clive Brunskill/Getty Images from the Rediff Archives Putting speculations to rest,......