Articles about World Bank
03 Nov 2021
How Taliban's foreign currency ban affects Afghanistan
The Taliban has banned all foreign currency in Afghanistan and ordered its citizens to only use Afghan currency for trade.
25 Aug 2021
Afghanistan: Biden says he's sticking to August 31 withdrawal deadline
United States President Joe Biden on Tuesday said he wants to stick to the August 31 deadline for pullout from Afghanistan.
24 Aug 2021
COVID-induced economic slowdown caused 1 lakh infant deaths in India
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 2021
World Bank deployed $157bn in 15 months to fight COVID-19
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.
08 Oct 2020
What Nobel laureate Joseph Stiglitz said about India's COVID-19 fight
Nobel laureate Joseph Stiglitz on Tuesday criticized the Indian administration over its poor handling of the COVID-19 crisis and its impact on the economy.
17 Aug 2020
Novavax's COVID-19 vaccine goes into mid-stage human trials: Details here
As the number of COVID-19 cases continues to explode around the world, drug companies from different companies are racing to get a safe preventive vaccine ready.
06 Aug 2020
India's Serum Institute signs COVID-19 vaccine deal with America's Novavax
Serum Institute of India (SII) is set to source the COVID-19 vaccine developed by American biotech company Novavax.
12 Jun 2020
Coronavirus aftermath: 1.1 billion could become extremely poor, globally
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.
16 May 2020
Coronavirus: With over 85,000 cases, India's tally surpasses China's
India on Friday recorded around 3,800 new coronavirus infections, taking the total number of cases past 85,000. With this, India's tally has surpassed China's, which has reported around 84,000 cases thus far.
15 May 2020
World Bank announces $1 billion social protection package for India
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 2020
India to witness severe economic slump, says World Bank
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 2020
Coronavirus: World Bank approves $1bn emergency fund for India
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.
21 Feb 2020
FATF keeps Pakistan on greylist, gives a four-month deadline
Pakistan has got yet another extension from the global terror financing watchdog Financial Action Task Force (FATF).
11 Jan 2020
Last year, India lost over $1.3 billion from internet shutdowns
The problem of internet shutdowns has grown worse over the years, affecting both businesses and households alike.
24 Oct 2019
India 63rd on World Bank's Ease of Doing Business ranking
India moved up 14 ranks to take the 63rd spot on the World Bank's Ease of Doing Business ranking released today.
20 Oct 2019
Nirmala Sitharaman talks about India-US trade deal
For the second time in a week, Union Finance Minister Nirmala Sitharaman spoke about a trade deal with the United States.
18 Oct 2019
Pakistan to remain in FATF 'grey list' till February 2020
After speculations over its black-listing, Pakistan will now remain in the "grey list" of the global terror funding watchdog Financial Action Task Force (FATF), until a new deadline of February 2020.
15 Oct 2019
FATF may put Pakistan on "dark grey list"
Financial Action Task Force (FATF) will soon decide Pakistan's fate, and things aren't looking great for the country.
13 Oct 2019
#EconomicSlowdown: World Bank cuts India's growth rate projection to 6%
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 2019
FATF's Asia Pacific arm blacklists Pakistan for not curbing terror-funding
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 2019
NITI Aayog CEO says 'too many reforms' behind economic slowdown
Recently, data compiled by the World Bank revealed that India slipped to the 7th spot in the global GDP rankings of 2018.
27 Jul 2019
What is South Korea's #NoMarriage movement all about
South Korea is looking at an economic crisis and they have narrowed down the problem to the one source: women.
20 Jun 2019
It's depressing: Pakistan's Chief Justice on World Cup loss, economy
After Indian cricket team thrashed Pakistan to register an important win in the ongoing World Cup tournament, social media was abuzz with reactions.
13 Jun 2019
Indian women Chartered Accountants who are ruling the business world
Chartered Accountancy (CA) is one of the most sought-after and toughest professional courses in India.
10 Jun 2019
#CareerBytes: Important topics every UPSC CSE aspirant must cover
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.
13 Apr 2019
No evidence of Pakistan dismantling terror infrastructure, says ex-envoy Haqqani
Pakistan Prime Minister Imran Khan's recent statement promising an end of support to terror groups does not reflect a change of policy and is motivated by the fear of getting blacklisted by the global terror-financing watchdog FATF, the country's former envoy to the US, Husain Haqqani, has said.
22 Mar 2019
Pakistan to receive $2 billion loan from China by Monday
Cash-strapped Pakistan will receive over $2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy, the former's Finance Ministry has announced.
18 Mar 2019
Delhi: In a first, mother, daughter receive PhD degrees together
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.
10 Mar 2019
Pakistan writes to FATF seeking India's removal from review body
Pakistan has asked terror financing watchdog, FATF, to remove India as co-chair of its Asia-Pacific Joint Group, to ensure the review process is "fair and unbiased".
24 Feb 2019
What is Indus Waters Treaty? Here's everything you should know
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 2019
US team reaches China to engage in trade deal talks
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 2019
Donald Trump nominates David Malpass for World Bank President
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 2019
India aims 'Top-50' rank next year in ease-of-doing biz: Modi
Prime Minister Narendra Modi today inaugurated the 9th edition of Vibrant Gujarat Summit in Gandhinagar.
16 Jan 2019
Indra Nooyi, former PepsiCo CEO, could head World Bank
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 2019
India's GDP to grow 7.5% in next two years: World-Bank
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 2018
World Bank promises $200 billion in 2021-25 climate action investment
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.
29 Nov 2018
US demands transparency over Chinese debt on Pakistan
The US is demanding transparency over China's debt on Pakistan, Under Secretary of Treasury for International Affairs David Malpass told lawmakers during a Congressional hearing, amid concerns that Islamabad is seeking a multibillion-dollar bailout package from IMF to pay back Chinese creditors.
12 Nov 2018
PM Modi inaugurates India's first inland waterway: Details here
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 2018
Ease of Doing Business: India jumps 23-places, now ranks 77
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 2018
#CareerBytes: List of important topics for UPSC exam
The UPSC Civil Services exam is one of the toughest in India, thus thorough preparation and solid determination are vital to crack it.