World Bank: News
30 Oct 2023Business
World Bank predicts that global oil prices will reach $90 per barrel in the fourth quarter, dropping to an average of $81 this year because of slowed growth and decreased demand.
03 Oct 2023India
The World Bank has opted to retain the economic growth forecast for India at 6.3% in the fiscal year (FY) 2023-24, despite the nation grappling with significant external challenges, Economic Times reported.
02 Oct 2023Asia
The World Bank recently adjusted its growth predictions for developing countries in East Asia and the Pacific, pointing to tighter financial conditions and a sluggish global environment.
25 Sep 2023Pakistan Government
Pakistan is battling a major poverty crisis, with 40% of its population currently living below the poverty line, news outlet Dawn reported, citing a World Bank report.
02 Sep 2023Joe Biden
United States (US) President Joe Biden is set to travel to India next week for the G20 Summit, where he will have a bilateral meeting with Prime Minister Narendra Modi next Friday, the White House said on Saturday.
30 Mar 2023Joe Biden
Ajay Banga, the former CEO of Mastercard, is set to become the World Bank president after nominations closed on Wednesday and no country chose to field a challenger, reported Bloomberg.
24 Mar 2023India
Ajay Banga, the United States (US) nominee for World Bank president, tested positive for COVID-19 after arriving in New Delhi on Thursday.
24 Feb 2023United States of America
An Indian-American could be at the helm of the World Bank. Former MasterCard CEO and businessman Ajay Banga has been nominated by the US to lead one of the Bretten Woods twins.
03 Feb 2023India
In a significant development in the Indus Waters Treaty (IWT) matter, India on Thursday questioned the World Bank's move to appoint two separate processes—a neutral expert and a court of arbitration—to resolve disputes between Pakistan and New Delhi on the Ratle and Kishenganga hydroelectric projects in Jammu and Kashmir (J&K).
27 Jan 2023India
India issued a notice to Pakistan on Wednesday expressing its wish to modify the Indus Waters Treaty (IWT) of 1960, blaming the latter for "intransigence" regarding the treaty's implementation.
06 Dec 2022Gross Domestic Product
Upgrading India's gross domestic product (GDP) forecast from 6.5% to 6.9% for the current fiscal year, the World Bank on Tuesday termed India's economy as "more resilient" than 10 years ago.
26 Sep 2022Pakistan News
Amid a worsening economic crisis after the deadly floods, Pakistan's Finance Minister Miftah Ismail resigned on Sunday.
30 Dec 2021Drugs Controller General of India
Molnupiravir, an antiviral medication, is projected to cost between Rs. 2,000 and Rs. 3,000 for a full treatment.
03 Nov 2021Afghanistan
The Taliban has banned all foreign currency in Afghanistan and ordered its citizens to only use Afghan currency for trade.
24 Aug 2021India
India recorded a third of global excess infant deaths in 2020 due to COVID-induced economic slowdown, a World Bank study has found.
20 Jul 2021David Malpass
In its largest-ever crisis response, the World Bank deployed over $157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months.
06 Aug 2020India
Serum Institute of India (SII) is set to source the COVID-19 vaccine developed by American biotech company Novavax.
12 Jun 2020UNICEF
The economic repercussions of coronavirus, which has already taken 423,844 lives globally, are mountainous. Thanks to lockdowns, enforced to break the transmission chain, even the richest countries are staring at oblivion.
15 May 2020Narendra Modi
In the fight against coronavirus, the Indian government has got support from the World Bank. On Friday, the global bank announced a $1 billion social protection package for the programs of the government of India.
12 Apr 2020India
The spread of COVID-19, and the disruption ensuing from it, is likely to cause a sharp economic slump for India and neighboring countries, the World Bank said on Sunday.
03 Apr 2020India
The World Bank on Thursday approved a $1 billion emergency fund for India to deal with the coronavirus pandemic, which has killed over 70 in the country and infected 2,543.
11 Jan 2020Uttar Pradesh
The problem of internet shutdowns has grown worse over the years, affecting both businesses and households alike.
24 Oct 2019India
India moved up 14 ranks to take the 63rd spot on the World Bank's Ease of Doing Business ranking released today.
13 Oct 2019India
The country's "well-learned" union ministers may want you to believe that there is no economic slowdown whatsoever, but data points otherwise.
23 Aug 2019International Monetary Fund
In a big setback for Pakistan, the Asia Pacific division of global terror watchdog Financial Action Task Force (FATF) has put the country on its blacklist over its failure to curb terror financing.
03 Aug 2019India
Recently, data compiled by the World Bank revealed that India slipped to the 7th spot in the global GDP rankings of 2018.
27 Jul 2019South Korea
South Korea is looking at an economic crisis and they have narrowed down the problem to the one source: women.
10 Jun 2019India
The UPSC Civil Services Examination (CSE) is one of the toughest competitive exams in the country. The three-stage CSE comprises Preliminary examination, Main examination, and Personality Test/Interview.
18 Mar 2019India
Getting a PhD is a huge achievement and a memorable experience. However, for 56-year-old Mala Dutta, whose dream of receiving a PhD came true 34 years after college, it was even more memorable.
24 Feb 2019India
In the aftermath of the Pulwama terror attack, the Center has decided to block water supply to Pakistan from the rivers flowing from India.
11 Feb 2019Donald Trump
US negotiators were in Beijing today for another round of talks on a trade deal with the clock ticking towards a March 1 deadline set by US President Donald Trump.
07 Feb 2019Donald Trump
US President Donald Trump has nominated David Malpass, a vocal critic of the World Bank, to head the international financial institution, sparking concerns that he may seek to reduce the role of the global lender.
18 Jan 2019Narendra Modi
Prime Minister Narendra Modi today inaugurated the 9th edition of Vibrant Gujarat Summit in Gandhinagar.
16 Jan 2019PepsiCo
Indra K. Nooyi, who led PepsiCo for 12 years before leaving the company in August last year, is being considered for the top post of World Bank, multiple reports claimed.
09 Jan 2019India
India's GDP is expected to grow at 7.3% in the fiscal year 2018-19, and 7.5% in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment.
03 Dec 2018Poland
The World Bank today unveiled $200 billion in climate action investment for 2021-25; adding this amounts to a doubling of its current five-year funding.
12 Nov 2018India
On Monday, a vessel carrying PEPSICO (India) cargo docked at the holy city of Varanasi, marking India's first inland voyage by a container ship since it gained Independence.
31 Oct 2018India
In what can be seen as a big achievement of the Modi government, India climbed 23 ranks in the World Bank's latest ease of doing business rankings.
22 Oct 2018India
The UPSC Civil Services exam is one of the toughest in India, thus thorough preparation and solid determination are vital to crack it.
22 Oct 2018India
India might be the world's fastest growing economy, but it is fighting an increasingly uphill battle against air pollution.
11 Oct 2018GST
An orderly depreciation of the rupee would increase competitiveness and relieve some pressures in the capital market, said Martin Rama, the Chief Economist for the South Asia region of the World Bank.
11 Oct 2018International Monetary Fund
The heads of the World Bank and IMF urged the US and China to play by world trade rules and de-escalate a dispute over China's technology development strategy that threatens to do lasting damage to the global economy.
04 Oct 2018India
Several Indian companies and some Indians have been barred by the World Bank from its various projects across the globe, the multilateral lending agency said in its first report on its efforts to fight corruption and safeguard donor resources.
09 Sep 2018India
India has made tremendous progress under PM Modi in last four years and the entire world is now looking towards the country, Vice President Venkaiah Naidu told a gathering of Telugu Americans in Chicago.
28 Aug 2018India
India and Pakistan will resume their talks on various aspects of the crucial Indus Waters Treaty in Lahore on Wednesday, the first bilateral engagement since Prime Minister Imran Khan took office.
15 Aug 2018Punjab
Punjab Chief Minister Amarinder Singh today announced a slew of development projects worth over Rs. 3,600cr for Ludhiana district, ranging from infrastructure to water supply and industries to education.
06 Aug 2018Karnataka
The government is trying to start work on five river inter-linking projects in the current fiscal and secure financial assistance from World Bank and Asian Development Bank for the Rs. 2 lakh crore project, Union Minister Nitin Gadkari said.
24 Jul 2018Bali
A young Indian-origin senior economist, working with the World Bank, drowned after strong currents pulled her away while she was swimming in a restricted area at a beach in Bali, Indonesia on Saturday.
12 Jul 2018India
Not educating girls or creating barriers in their school education globally costs between $15-30 trillion, the World Bank said as the UN marks "Malala Day" today.
11 Jul 2018India
In a significant feat, India has pushed France aside to claim the position of the 6th biggest economy in the world, World Bank data for 2017 reveals.
10 Jul 2018India
For the second year in a row, Andhra Pradesh has topped the list in terms of ease of doing business among all states and union territories (UTs), according to a list released by the Department of Industrial Policy and Promotion in collaboration with the World Bank.
18 Jun 2018India
India is striving to become a $5 trillion economy and the world's third-largest consumer market by 2025, President Ram Nath Kovind said in Greece, quoting World Bank, which stated India's growth rate is going to be high.
15 Jun 2018Maharashtra
Maharashtra is aspiring to make the state the first trillion-dollar economy by 2025, CM Devendra Fadnavis said in Washington.
14 Jun 2018India
Maharashtra CM Devendra Fadnavis said he wants to make Mumbai a hub for financial technology.
10 Jun 2018India
According to the World Bank policy research paper, 41,343 cases have been filed in India under the Right To Education (RTE) Act since 2010.
06 Jun 2018India
The World Bank has forecast a growth rate of 7.3% for India in the fiscal year 2018-19 and 7.5% in FY 2019-20, making it the fastest-growing country among major emerging economies.
01 Jun 2018India
India is becoming a major manufacturing hub of mobile phones with the number of handset factories in the country going up to 120 in the last three-and-a-half years, Union Minister for Information Technology Ravi Shankar Prasad said.
01 Jun 2018Madhya Pradesh
The food and dairy supplies are likely to take a hit as farmers across 7 states started a 10-day protest, demanding minimum support price (MSP), loan-waivers, and permanent monthly income, from the government.
23 May 2018Pakistan News
The World Bank has said that it could not reach an agreement with Pakistan over its concerns regarding the Indus Waters Treaty with India after two days of talks in Washington.
22 May 2018India
A Pakistani delegation raised the issue of India's alleged violation of the Indus Waters Treaty with the World Bank yesterday, officials said.
22 May 2018Gujarat
The US Supreme Court has agreed to hear a petition filed by Indian villagers seeking to hold a US-based international financial institution responsible for widespread environmental damage they blame on a power plant it financed in Gujarat.
09 May 2018Pakistan News
The World Bank has denied as "incorrect" the media reports in Pakistan that cited its report to allege that former Prime Minister Nawaz Sharif laundered $4.9 billion to India.
07 May 2018Bollywood
What do you think being poor means? Hiding skin using tattered clothes, sleeping on empty stomach, right?
04 May 2018India
India is doing "extremely well" on electrification with nearly 85% of the country's population having access to electricity, the World Bank said in its latest report.
03 May 2018India
India's Aadhaar technology doesn't pose any privacy issue as it's just a bio-ID verification scheme, Microsoft founder Bill Gates said.