World Bank

World Bank warns of education crisis in India, raises fear of lower wages

World Bank warns of education crisis in India, raises fear of lower wages

India ranks second after Malawi in a list of 12 countries wherein a grade two student could not read a single word of a short text.

Sep 27, 2017, 11:05 AM IST
India growing pretty 'robustly': World Bank chief

India growing pretty 'robustly': World Bank chief

In June, the World Bank predicted a 7.2 percent growth rate for India this year against 6.8 per cent growth in 2016. India remains the fastest growing major economy in the world, the World Bank officials had said.

Sep 21, 2017, 12:21 PM IST
India growing pretty robustly: World Bank chief

India growing pretty robustly: World Bank chief

He said in terms of indebtedness, the bank was watching very carefully the debt-to-GDP ratios of every single country.

Sep 21, 2017, 12:21 PM IST
Indo-Pak talks on Indus Waters Treaty fail to break deadlock: World Bank

Indo-Pak talks on Indus Waters Treaty fail to break deadlock: World Bank

The latest round of talks between India and Pakistan on the Indus Waters Treaty have ended without any agreement, the World Bank has said, while asserting that it will continue to work with complete impartiality to resolve the issues in an amicable manner.

Sep 16, 2017, 14:42 PM IST
Indus Water Treaty: Next round of Indo-Pak talks at World Bank to begin today

Indus Water Treaty: Next round of Indo-Pak talks at World Bank to begin today

Indo-Pak delegation on Indus waters are scheduled to meet on September 14-15 at the World Bank Headquarters in the United States.

Sep 14, 2017, 06:47 AM IST
Economic Survey flags immigration issue for IT-BPM sector

Economic Survey flags immigration issue for IT-BPM sector

The mid-year Survey termed market access, competition from new entrants, job losses and lack of skilled talent and infrastructure as major challenges for the country's IT-BPM sector.

Aug 11, 2017, 18:54 PM IST

Gujarat CM's Principal Secretary is appointed as Executive Director in World Bank

Aparna has been appointed in place of S C Garg, who has recently taken over as Secretary, Department of Economic Affairs, in the Union Finance Ministry.

Aug 06, 2017, 16:26 PM IST

No decision on Indus Water Treaty yet; Indo-Pak talks on: World Bank

"The meetings earlier this week were held in a spirit of goodwill and cooperation. The parties have agreed to continue discussions and reconvene in September in Washington, DC," the World Bank said.

Aug 03, 2017, 09:11 AM IST
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

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