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India set to grow at 5.5% in FY15: World Bank

Last Updated: Wednesday, June 11, 2014, 10:14

The World Bank projected India`s growth at 5.5 percent in fiscal 2014-15, accelerating to 6.3 percent in 2015-16 and 6.6 percent in 2016-17 as it urged developing countries to double down on domestic reforms.

China's economy to slow down to 7.6% this year: World Bank

Last Updated: Friday, June 06, 2014, 13:56

Growth is expected to slow to 7.6 per cent in 2014, and 7.5 per cent in 2015, from 7.7 per cent in 2013.

World Bank sees China growth on track, urges reform

Last Updated: Friday, June 06, 2014, 10:48

The World Bank expected China`s economy to grow 7.6 percent this year.

Afghan presidential hopeful vows to sign US troops pact

Last Updated: Saturday, May 31, 2014, 02:54

Afghan presidential hopeful Ashraf Ghani vowed today to sign a security pact with the United States within a week if he wins an upcoming run-off election.

World Bank sounds alarm on rising global food prices

Last Updated: Friday, May 30, 2014, 08:53

According to the World Bank, internationally traded food prices increased by a sharp 4.0 percent. The leap was led by wheat and maize, up 18 percent and 12 percent, respectively.

World Bank sounds alarm on rising global food prices

Last Updated: Friday, May 30, 2014, 04:11

World food prices rose in the first quarter of the year for the first time since their all-time high in August 2012, driven by rising demand in China, drought in the United States and unrest in Ukraine.

World Bank appoints new vice president

Last Updated: Saturday, May 24, 2014, 08:41

World Bank President Jim Yong Kim announced the appointment of Hiroshi Naka as vice president and auditor general of the bank.

World Bank provides $1.5 billion for 3 projects in Ukraine

Last Updated: Friday, May 23, 2014, 09:53

The World Bank on Friday approved nearly USD 1.5 billion in financing for three projects in Ukraine to help the embattled country undertake critical reforms and build infrastructure.

South Asia is world's most corrupt region: Transparency International

Last Updated: Wednesday, May 21, 2014, 20:58

South Asia is the world's most corrupt region and rampant corruption is preventing its people from breaking the barrier of poverty despite the fact that the subcontinent has attained strong economic growth over the past several years, a global anti-graft watchdog said here today.

Land acquisition, labour laws, tax issues impede investments

Last Updated: Monday, May 19, 2014, 20:31

With India ranking low on the ease of doing business parameter, CII on Monday said problems in securing land, stringent labour laws and tax woes are among the critical issues that need to be addressed in order to attract global investors.

Rio Tinto set to finalise $20 bn Guinea iron ore project

Last Updated: Monday, May 19, 2014, 14:00

Global mining giant Rio Tinto says it is set to finalise a USD 20 billion deal to develop the world`s biggest untapped iron-ore deposit in Guinea

Most of pdf computer files are left unread: World Bank study

Last Updated: Monday, May 12, 2014, 18:08

A World Bank study says that most of pdfs are left buried unread on the servers.