Patnaik urges Centre to allow Odisha avail WB, ADB loans

Odisha Chief Minister Naveen Patnaik on Monday wrote to Union Rural Development Minister Nitin Gadkari seeking inclusion of the state for financial aid from World Bank, Japan International Cooperation Agency (JICA), and others to ensure safe drinking water for all.

World Bank pledges $200 mn to contain Ebola outbreak

The World Bank said Monday it will provide as much as $200 million in emergency funding to help the three west African countries of Guinea, Liberia and Sierra Leone contain the worsening Ebola outbreak in the region.

World Bank says trade protectionism starts to level off

Barriers to imports in major economies are starting to recede after a rash of protectionism during the global financial crisis, World Bank figures showed on Thursday.

1,000 km of new BRT would save 27,000 lives in India: World Bank

World Bank president Jim Young Kim has said India can save more than 27,000 lives and create over 128,000 jobs if it builds 1,000 kilometres of new bus rapid transit lanes in the next 20 years.

World Bank, local officials discuss scope for Agra improvement

The development of Agra in general and of tourism facilities in the city in particular was the main agenda of a two-day meeting between representatives of World Bank and local officials here led by Divisional Commissioner Pradeep Bhatnagar.

Himachal gets $100 million loan from World Bank

Himachal Pradesh Wednesday got a $100 million development policy loan from the World Bank to enable the hill state to manage its natural resources.

Himachal to get USD 100 million from WB for `green` growth

Himachal Pradesh today became the first Indian state to get USD 100 million World Bank project for promoting green growth and sustainable development in the state as the Centre, the World Bank and the state signed a deal to this effect here today.

Afghan presidential hopeful vows to sign US troops pact

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

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.

Two savvy survivors set for Afghan election showdown

One is a smooth-talking opposition leader seeking to avenge defeat, the other is a former World Bank economist with a famous temper.

Obama offers Karzai additional aid after killer landslide

President Barack Obama has offered his Afghan counterpart Hamid Karzai additional US assistance today to relief efforts after a landslide killed hundreds of people in northern Afghanistan.

Parents urge to get international help to free schoolgirls

Desperate parents of the more than 200 abducted schoolgirls in Nigeria called today for authorities there to bring in foreign help to secure their release.

World Bank approves $12 billion loan for cash-strapped Pakistan

The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country`s finance ministry and the global lender said on Friday.

Ex-Tunisian leader, family milked economy: World Bank

Companies controlled by ousted Tunisian president Zine El Abidine Ben Ali and his family garnered 21 percent of all his country`s private sector profits, according to a new World Bank report.

Sustainability needs to be part of companies` DNA: Experts

Senior representatives of international organisations like the USAID, The World Bank and Brookings India said that businesses need to be given incentives to make them work towards sustainable development.

Israel, Jordan, Palestinians ink water-sharing deal

Israel, Jordan and the Palestinians have signed a "historic" water-sharing initiative at the World Bank in Washington that could protect the Dead Sea from rising demand for water in the region.

World Bank, ADB team visit cyclone-hit areas to assess damage

An expert team of World Bank and Asian Development Bank visited different areas of cyclone-hit Ganjam district in Odisha to assess the damage.

World Bank doubles disaster aid to Philippines

The World Bank on Friday added USD 480 million in emergency aid to the Philippines, taking to nearly USD 1 billion its support as the death toll from super typhoon Haiyan passed 5,200.

Cost from disasters quadrupled in 30 years: World Bank

Natural and weather disasters are costing nearly USD 200 billion (150 billion euros) a year, four times more than in the 1980s, the World Bank said Monday, warning climate change would drive the bill even higher.

East Africa pirates took up to $413 mn since 2005

Horn of Africa pirates have raked in up to USD 413 million in ransom since 2005, with most of it used to finance "global scale" criminal operations, a new study said.