World Bank | Zee News

World Bank News

16 May 2023

Argentina Raises Interest Rate To 97%, Inflation Rate At 100%

That's the highest level since the early 1990s, and currently, Venezuela and Zimbabwe are the only two countries experiencing higher inflation than Argentina, according to International Monetary Fund data.

04 May 2023

Nirmala Sitharaman Congratulates Ajay Banga On Becoming World Bank President

The President of the World Bank Group is also the Chair of the Board of the Executive Directors of the International Bank for Reconstruction and Development (IBRD).

03 May 2023

Indian-American Ajay Banga Appointed As President Of World Bank

Banga, a finance and development expert, will take over the role on June 2. He was the sole contender to replace departing World Bank chief David Malpass whose term ends early next month.

International Monetary Fund (IMF)

15 Apr 2023

India Will Stay On Course; Projected To Grow At 7% In 2022-23: Sitharaman

Both the IMF and World Bank project India to be the fastest-growing major economy in 2023.

Nirmala Sitharaman

13 Apr 2023

India Remains Concerned About Global Economic Outlook, Says FM

In her address to IMF and World Bank, FM said India has moved on beyond the pandemic, staging a full recovery in FY22-23, ahead of many countries.

Nirmala Sitharaman

10 Apr 2023

FM Sitharaman To Embark On US Tour From Today; To Attend WB Group, IMF Meets

FM will also be attending the G20 meetings and other associated meetings, which are scheduled to take place from April 10 to April 16.

08 Apr 2023

Pakistan Finance Minister Ishaq Dar Says IMF Deal Well On Track

Pakistan's Finance Minister assured that the IMF deal was well on track Pakistan has been reeling from a severe economic crisis

04 Apr 2023

World Bank Cuts India's Growth Forecast To 6.3% In Fy24

Growth is likely to be constrained by slower consumption growth and challenging external conditions, the World Bank said in its India Development Update.

31 Mar 2023

Ajay Banga Poised To Become World Bank Chief Unopposed

The World Bank's Board of Executive Directors will interview Banga before he is formally appointed.

23 Mar 2023

Nominee For World Bank Prez Ajay Banga To Meet PM Modi On His India Visit

U.S. President Joe Biden last month nominated Banga, 63, to replace David Malpass, who announced his resignation after months of controversy over his initial failure to say he backed the scientific consensus on climate change.

03 Mar 2023

World Bank Pledges USD 1 Bn To India For Public Healthcare Infra

The COVID-19 pandemic brought to the fore the urgent need for pandemic preparedness and health system strengthening around the world and was a stark reminder that pandemic preparedness is a global public good, said Auguste Tano Kouam.

24 Feb 2023

Ajay Singh Banga to become New Chief of World Bank

Ajay Singh Banga will become New chief of World Bank. US' President Joe Biden has made this announcement. Know the full news in detail in this report.

24 Feb 2023

Former CEO of Master Card Ajay Banga can become President of World Bank

Master Card's Former CEO Ajay Banga may become the President of World Bank. US' President Joe Biden has nominated him for the post. Watch 25 big news of the day in just 5 minutes.

23 Feb 2023

Who is Indian-American Ajay Banga, Nominated by US for World Bank President?

US Prez Joe Biden nominates Indian-American Ajay Banga as next World Bank President. He earlier served as chairman of Mastercard from where he retired in 2021. He completed his graduation and MBA in India and worked with Nestle India over 13 years.

03 Feb 2023

'World Bank Can't Interpret Indus Treaty for us': India Amid row with Pakistan

India took the significant step of sending the notice to Pakistan conveying its intent to amend the treaty months after the World Bank announced appointing a neutral expert on the issue.

11 Jan 2023

World Bank downgrades 2023 global growth forecast to 1.7%

Given such adverse shocks as high inflation, rising interest rates, sluggish investment, and the Russia-Ukraine war, global growth has slowed "to the extent that the global economy is perilously close to falling into recession", Xinhua news agency quoted the report as saying.

11 Jan 2023

News@11: World Bank makes a big claim on the world's economy in 2023, 'World close to economic recession'

In this section, you will find the top news stories of the day. Segment News@11 is a part of Zee News important news bulletins in which we cover all the important news.

06 Dec 2022

DNA : In 2023, only India will be able to save the world from recession

India's economy is emerging amid fears of economic crisis all over the world. The reason for this is very interesting. India is being expected in the coming days when there will be an economic crisis in the world. India will then be like a silver line where the whole world can get relief. Watch the analysis of the economic issue in DNA.

06 Dec 2022

'Rare to see...': Anand Mahindra reacts to World Bank's India GDP forecast

Anand Mahindra said it's rare to see an upgrade in a GDP forecast these days. World Bank has revised India's GDP forecast upward to 6.9% for this fiscal. This is the first upgrade of India's growth forecast by any international agency amid the global turmoil.

06 Dec 2022

India may emerge fastest growing emerging markets in current fiscal: Fitch

World Bank today said that the Indian government is on track to meet its fiscal deficit target of 6.4% of the GDP for 2022-23. Fitch Ratings retained the economic growth forecast for India at 7% for the current fiscal. World Bank also expressed optimism that India's real GDP would grow at 6.9% in the current fiscal.

Loading...