World Bank

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 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 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

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

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 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'

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

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

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%

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

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

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

Troubled waters? India fast-tracks hydro projects in disputed Kashmir

India has fast-tracked hydropower projects worth $15 billion in Kashmir in recent months, three federal and state officials said, ignoring warnings from Islamabad that power stations on rivers flowing into Pakistan will disrupt water supplies.

Mar 16, 2017, 13:59 PM IST

Political noise? Markets don't care - it's all about growth

One of the biggest mysteries in global markets so far in the Trump era is the historically low level of volatility that has prevailed despite all the turmoil and uncertainty that analysts warned his victory would unleash.

Mar 14, 2017, 19:40 PM IST

World Bank CEO travels in Mumbai local train from Churchgate to Dadar – Pics inside

Georgieva is going to inspect the operations of the World Bank-supported suburban rail system in Mumbai during her India visit.

Feb 28, 2017, 11:15 AM IST

Rating agencies several notches behind India's reality: Shaktikanta Das

Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.

Feb 05, 2017, 15:41 PM IST

Delhi government's health model to be presented to World Health Organisation

The Delhi government, under the reign of the Aam Aadmi Party (AAP), has set up more than 100 Mohalla Clinics since taking office in February 2015 and plans to take the number to 1,000.

Feb 01, 2017, 00:14 AM IST

Here's how climate change impacts women the most

Not only has there been a rise in trafficking of women, but a World Bank study has also found that 14 per cent households in India are now women-headed, mainly because of male migration, creating an additional burden on them.

Jan 30, 2017, 13:07 PM IST