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WORLD BANK NEWS IN ENGLISH

  • world bank chief praises pm modi s jan dhan yojna

    World Bank chief praises PM Modi's Jan Dhan Yojna

    World | April 17, 2015 23:29 IST

    Washington: The World Bank chief Jim Yong Kim today said that the “strong visionary leadership” of Prime Minister Narendra Modi has resulted in “extraordinary effort” by India on financial inclusion of its people.  The World

  • world bank pegs india s growth at 8 percent next fiscal

    World Bank pegs India's growth at 8 percent next fiscal

    April 14, 2015 14:58 IST

    Washington: The World Bank has forecast India's growth accelerating to 8 percent for the next fiscal and said the country is well-placed in a region that has not only logged the highest economic expansion but

  • imf chief says india growth bright spot

    IMF chief says India 'growth bright spot'

    April 10, 2015 7:50 IST

    Washington: Ahead of the next week's IMF-World Bank Spring Meetings, IMF chief Christine Lagarde yesterday described India as "growth bright spot" and said New Delhi should focus on labour and product market reforms. "Forecasts for most

  • lack of piped water leading to high instances of diarrhoea

    Lack of piped water leading to high instances of diarrhoea: World Bank

    India | April 08, 2015 11:17 IST

    Namkhana (WB): Inadequate piped water supply is one of the main reasons for high instances of diarrhoea in Sunderbans, home to the world's largest mangrove forest, according to World Bank, which called for immediate concrete

  • two third population of bihar lack electricity world bank

    Two-third population of Bihar lack electricity: World Bank

    India | February 27, 2015 18:05 IST

    Patna: Claiming that two-third of Bihar population is yet to get access to electricity, a World Bank study report has asked the state government to augment generation capacity and ramp up investment in transmission and

  • world bank wants more transparency in india s power subsidy

    World Bank wants more transparency in India's power subsidy

    February 24, 2015 21:33 IST

    Mumbai: World Bank today called for more transparency in India's power subsidy regime and suggested re-identification of the target population to improve the balance-sheets of losses-stricken discoms.  The global development finance body said the key

  • modi govt cementing india as subordinate ally of us cpi m

    Modi govt "cementing" India as "subordinate" ally of US: CPI-M

    Politics | January 27, 2015 8:03 IST

    New Delhi: US President Barack Obama's India visit will be followed up by “greater neo-liberal reforms” in the country, CPI(M) leader Sitaram Yechury today said as he accused the NDA government of cementing India's position

  • world bank cuts global economic outlook for 2015

    World Bank cuts global economic outlook for 2015

    January 14, 2015 16:07 IST

    New Delhi: The World Bank has cut its outlook for global growth and warned that the world's economy is "running on a single engine."The global development lender predicted that deepening trouble in the eurozone, Japan

  • india will catch up with china s growth rate in 2016 17

    India will catch up with China's growth rate in 2016-17: World Bank

    January 14, 2015 8:08 IST

    Washington: Buoyed by the economic reform measures taken by the Indian government after coming to power in May last year, the World Bank has said that India would catch up with China's growth in the

  • gdp growth slowdown has bottomed arvind subramanian

    GDP growth slowdown has bottomed: Arvind Subramanian

    January 12, 2015 11:45 IST

    Gandhinagar: Finance ministry's chief economic adviser Arvind Subramanian has said India's growth slowdown has bottomed out and the pace of economic expansion is expected to accelerate.Yesterday, World Bank President Jim Yong Kim said the Indian

  • india bright spot in global economy world bank

    India bright spot in global economy: World Bank

    January 11, 2015 16:33 IST

    Gandhinagar: World Bank has said India can grow at 6.4 per cent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede

  • vibrant gujarat summit world bank projects 6.4 economic

    Vibrant Gujarat Summit: World Bank projects 6.4% economic growth in India in 2015

    January 11, 2015 14:20 IST

    Gandhinagar: Indian economy is likely to grow at 6.4 per cent in 2015 and accelerate further in the next year on the back of steps being taken by the Narendra Modi-led NDA government, World Bank

  • india should use low oil prices to put fiscal house in

    India should use low oil prices to put fiscal house in order: Kaushik Basu

    January 08, 2015 14:38 IST

    Washington:The sharp decline in global crude oil prices gives India a rare "window of opportunity" to put its fiscal house in order and carry out the much-needed economic reforms like cutting down oil subsidy, says

  • developing countries to benefit from oil price slump world

    Developing countries to benefit from oil price slump: World Bank

    January 08, 2015 12:37 IST

    Washington: Major oil importing countries in particular and the developing nations in general are to benefit from the steep fall in global oil prices, but presents a big challenge to the major oil exporting nations,

  • slow growth in global trade says world bank

    Slow growth in global trade, says World Bank

    January 08, 2015 9:20 IST

    Washington: In the aftermath of the economic crisis, there has been slow growth in global trade, the World Bank has said.In the year 2012 and 2013, the global trade expanded by less than 3.5 per

  • open defecation free country became national slogan in 2014

    Open defecation-free country became national slogan in 2014

    India | January 01, 2015 9:33 IST

    New Delhi: The government, under the aegis of Ministry of Drinking Water and Sanitation, undertook a significant journey in 2014 to make the country free from open defecation under an ambitious plan of around Rs

  • malala satyarthi inspire people across the globe world bank

    Malala, Satyarthi inspire people across the globe: World Bank

    World | December 11, 2014 11:39 IST

    Washington: World Bank Group President Jim Yong Kim today said the joint winners of Nobel Peace Prize awards, Malala Yousafzai and Kailash Satyarthi, have inspired people across the world with their courageous efforts."Malala Yousafzai and

  • will help india down clean energy path world bank chief

    Will help India down clean energy path: World Bank chief

    December 09, 2014 11:24 IST

    New Delhi: The World Bank will do everything it can to help India achieve the goal of clean energy to all, President of the international financial institution Jim Young Kim has said."We're going to do

  • global warming could undermine poverty fight world bank

    Global warming could undermine poverty fight: World Bank

    World | November 24, 2014 9:18 IST

    Washington: Climate change could undermine efforts to defeat extreme poverty around the globe, the World Bank has warned.In a new report on the impact of global warming, the bank said sharp temperature rises would cut

  • poor can t be burdened with fight against climate change

    Poor can't be burdened with fight against climate change: Mahajan

    World | November 19, 2014 10:03 IST

    United Nations: In a strong message to the developed nations, Lok Sabha Speaker Sumitra Mahajan has said that sustainable development and a victory in the war against climate change cannot be attained on the backs

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