World Bank President Jim Yong Kim today met Prime Minister Narendra Modi and discussed Indian government’s initiatives on nutrition and renewable energy.
Washington: The World Bank is reducing its forecast for the global economy this year — again. The aid agency predicted Tuesday that the world economy will expand 2.4 percent this year, down from the 2.9
Indian Railway will seek $500 million from World Bank for undertaking redevelopment of some major stations as part of its ambitious station development plan.
Important stories of the day
The World Bank has dropped the use of developing nation tag for India in its specialised reports and instead classifies it as a "lower-middle-income" economy in South Asia, a top official has said.
New Delhi: Despite rapid spread of digital technologies in India, nearly a billion people still need to connect to the internet for pushing growth, creating jobs and accessing public services, says a World Bank report.
New Delhi: With almost a billion Indians still not connected to the internet, a World Bank report on digital technology launched here on Tuesday said the overall impact of digital technologies has fallen short and
New Delhi: With China losing sheen as the global leader in the apparel market, India needs to take specific steps like lowering input duties and extending market access to fill that space, otherwise be cornered
Washington:Finance Minister Arun Jaitley has asked the World Bank and the International Monetary Fund (IMF) to reassess the quantum of funds at their disposal to finance global growth and make an extra mobilisation effort if
India was the world's largest remittance recipient in 2015 despite experiencing a USD 1 billion drop from the previous year, the first decline in its remittances since 2009, the World Bank said on Wednesday.
Washington:The World Bank has unveiled an ambitious climate action plan that will help developing countries add 30 gigawatts of renewable energy, bring early warning systems to 100 million people and develop climate- smart agriculture investment
New Delhi: India on Tuesday signed a loan agreement with multilateral lending agency World Bank for $300 million for Madhya Pradesh Higher Education Quality Improvement Project.The objective of the project is to improve student outcomes
Washington: The International Monetary Fund (IMF) has apponited Christine Lagarde to serve as its leader for a second five-year term.Lagarde, the sole candidate nominated for the post of the IMF chief, was backed by the
Mexico City: Thursday saw a new front opened in the battle against the Zika virus as the World Bank entered the fray, pledging $150 million for Latin America and the Caribbean to help fight the
Mumbai: India's GDP numbers are very dependable and there is no "rigging" taking place with regards to data, the World Bank's Senior Vice President and Chief Economist Kaushik Basu said on Saturday.Basu, former Chief Economic
Washington: An Indian Saroj Kumar Jha has been appointed to a key position in the World Bank with President Jim Yong Kim assigning him a role to provide strategic leadership to address the challenge of
Washington/New Delhi: Even as the World Bank revised sharply downwards its oil price forecast for 2016 to an average of $37 a barrel -- from $51 predicted in October -- in context of the continuing
NEW DELHI: The World Bank usually tames wild economies and helps countries stabilise their fluctuating finances, but in a global first, the banker for the world has gone to a zoo that too in India!
WASHINGTON: The World Bank would be the anchor investor in the new Railway Development Fund, which would be used to fund modernisation of Indian railways, Union Minister Suresh Prabhu has said.However, Prabhu did not divulge
Washington: Citing how India increased access and reduced corruption in public services by providing unique digital identification to one billion people in five years, the World Bank says digital technologies can promote inclusion, efficiency, and
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