World Bank

Big win against Pakistan as World Bank says India allowed to construct hydroelectric power plants under Indus Waters Treaty

Big win against Pakistan as World Bank says India allowed to construct hydroelectric power plants under Indus Waters Treaty

In a big win for the country at the World Bank, the world body has allowed India to construct hydroelectric power plants on the Jhelum and Chenab Rivers.

Aug 02, 2017, 14:15 PM IST

World Bank assures 'neutrality' in Indo-Pak talks over Indus Waters Treaty

Pakistan had approached the World Bank last year, raising concerns over the designs of two hydroelectricity projects located in Jammu and Kashmir.

Jul 31, 2017, 10:30 AM IST
IFC to invest $ 1 billion in India for green buildings

IFC to invest $ 1 billion in India for green buildings

With a view to support India's green building initiative, International Finance Corporation (IFC) is planning to invest over USD one billion in next five years, a senior official said. 

Jul 18, 2017, 19:18 PM IST
G20 adopts $1bn women entrepreneur plan for developing nations

G20 adopts $1bn women entrepreneur plan for developing nations

G20 leaders on Saturday adopted a World Bank funding plan of up to USD 1 billion for women entrepreneurs in developing nations, an initiative championed by US President Donald Trump's daughter Ivanka.

Jul 08, 2017, 22:24 PM IST

World Bank clears $250 million loan to train India's job seekers

The Washington-headquartered World Bank's SIMO is a six- year programme in support of the Indian government's National Policy for Skill Development and Entrepreneurship (2017-23).

Jun 26, 2017, 16:00 PM IST
Bizarre! These three 'super fertile' Pakistani men fathered almost hundred kids

Bizarre! These three 'super fertile' Pakistani men fathered almost hundred kids

"The more Muslims grow, the more their enemies will fear them. Muslims should go for more and more children," the father says.

Jun 10, 2017, 20:53 PM IST
India to retain ‘fastest growing’ tag; World Bank projects 7.2% growth rate this year

India to retain ‘fastest growing’ tag; World Bank projects 7.2% growth rate this year

Noting that India is recovering from the temporary adverse effects of demonetisation, the World Bank has projected a strong 7.2 percent growth rate for India this year against 6.8 percent growth in 2016.

Jun 05, 2017, 11:02 AM IST
World Bank keeps 2017 global growth forecast at 2.7%

World Bank keeps 2017 global growth forecast at 2.7%

World Bank on Sunday maintained its forecast for global growth in 2017 and 2018 unchanged at 2.7 percent and 2.9 percent, respectively, as manufacturing and trade are picking up and confidence is improving.

 

Jun 05, 2017, 09:20 AM IST
Successful demonetisation will help up revenues in long run: World Bank

Successful demonetisation will help up revenues in long run: World Bank

Successful demonetisation will help in raising revenues on sustained basis as more and more people will come under the tax net, says a World Bank report.

Jun 04, 2017, 15:24 PM IST
Govt mulls new law on out-of-court settlements

Govt mulls new law on out-of-court settlements

The government's task force's meeting -- the second so far -- discussed the need for legislation on mediation on the lines of a similar law in Singapore.

Jun 01, 2017, 17:04 PM IST
India will grow at 7.2% in 2017-18: World Bank

India will grow at 7.2% in 2017-18: World Bank

World Bank expects India, the fastest growing major economy in the world, to grow at 7.2 per cent in the current fiscal and further up to 7.7 per cent by 2019-20 on strong fundamentals, reform momentum and improving investment scenario.

May 29, 2017, 17:23 PM IST
India jumps 73 spots to 26 rank in World Bank's power list: Piyush Goyal

India jumps 73 spots to 26 rank in World Bank's power list: Piyush Goyal

India has climbed up to twenty sixth position in World Bank's electricity accessibility ranking in the current year from 99th spot in 2014, Power Minister Piyush Goyal has said.

May 14, 2017, 16:40 PM IST
'Rising anti-globalisation pose challenges to global growth'

'Rising anti-globalisation pose challenges to global growth'

China has said that political and policy uncertainties, the rising anti-globalisation and protectionism sentiment against international trade and investment pose challenges to global growth.

Apr 22, 2017, 17:30 PM IST
Need to sustain global growth momentum: Lagarde

Need to sustain global growth momentum: Lagarde

Noting that the world economy is picking up momentum, IMF chief Christine Lagarde has underlined the need to sustain this growth and make it more inclusive.

Apr 21, 2017, 12:35 PM IST
Note ban will have positive impact in long term: World Bank

Note ban will have positive impact in long term: World Bank

Temporary setbacks notwithstanding, note ban will have a positive development impact in the long term as it accelerates financial deepening, foster financial inclusion and increase transparency, the World Bank has said.

Apr 17, 2017, 23:30 PM IST
World Bank optimistic on India, predicts this year economic growth at 7.2%

World Bank optimistic on India, predicts this year economic growth at 7.2%

India’s economic momentum is expected to pick up speed from 6.8 percent in 2016 to 7.2 percent by 2017 after a modest setback due to weaker than expected investments and the effects of the withdrawal of large denomination bank notes.

Apr 17, 2017, 09:34 AM IST

Pakistan-India talks on Indus water Treaty likely in US in April

The secretary-level dialogue between Pakistan and India on Indus Water Treaty will be held either by the end of April or beginning of May in Washington, the Pakistani media reported on Tuesday.

Apr 11, 2017, 15:42 PM IST

SC rejects PIL to declare Indus Waters Treaty unconstitutional

The Supreme Court on Monday dismissed a PIL seeking declaration of the Indus Waters Treaty between India and Pakistan as illegal and unconstitutional.

Apr 10, 2017, 12:20 PM IST
Indus Water Treaty: India, Pakistan to hold high-level talks in US in April, says report

Indus Water Treaty: India, Pakistan to hold high-level talks in US in April, says report

The Indian and Pakistan government is all set to hold three-day secretary-level talks over the disputed hydropower projects in the Indus Valley in April this year, according to an IANS report. 

Mar 21, 2017, 16:46 PM IST
Probe finds IFC investment in Tata Power project breaching norms

Probe finds IFC investment in Tata Power project breaching norms

World Bank's probe body CAO has raised concerns over IFC's insufficient action to address environmental norms violation by Tata Power arm Coastal Gujarat Power Ltd.

Mar 21, 2017, 12:03 PM IST

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