World Bank

World Bank ranks India 130th in ease of doing business index

India continues to rank low at 130th position in terms of ease of doing business, with the country seeing little or no improvement in dealing with construction permits, getting credit and other parameters.

Oct 26, 2016, 00:17 AM IST

Big boost to India: 16 states score over 80% in World Bank `Ease of Doing Business` ranking

The `Make of India` programme of the government has spurred strong competition among Indian states in improving the ease of doing business in order to attract investments and drive the economies of their regions.

Oct 24, 2016, 18:15 PM IST

Govt signs $650 mn pact with World Bank for eastern corridor project

Multilateral lending agency World Bank and India on Friday signed a USD 650-million loan agreement for the Eastern Dedicated Freight Corridor (EDFC).

Oct 21, 2016, 19:46 PM IST

India, broader South Asian region remain steady amidst global slowdown

Amit Kapoor and Sankalp Sharma/IANS

Oct 13, 2016, 11:55 AM IST

Remittances to India to decline by 5% in 2016: World Bank

India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.


Oct 07, 2016, 15:42 PM IST

IMF, World Bank call for measures to promote inclusive globalisation

 International Monetary Fund (IMF) and World Bank leaders have called for measures to promote inclusive growth and resist anti-trade sentiments.

Oct 07, 2016, 15:18 PM IST

India ready to take larger share in World Bank: FM Jaitley

India strongly supports the capital increase in the World Bank, Finance Minister Arun Jaitley has said and expressed the country's readiness to take a larger share in the global lender than the dynamic formula.

Oct 06, 2016, 12:36 PM IST

World powers 'misuse' World Bank, IMF: BRICS bank exec

Europe and the United States have "misused" the World Bank and International Monetary Fund for their own ends, according to an executive at a new bank launched by major developing countries.

Oct 05, 2016, 22:31 PM IST

Brexit has little impact on Asia: World Bank

Britain`s shock decision to leave the European Union will not be as damaging to developing Asia`s economies as feared, the World Bank said Wednesday as it increased its growth forecast for the region this year.

Oct 05, 2016, 15:51 PM IST

India's GDP growth to remain strong at 7.6% in 2016: World Bank

India's GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017, the World Bank has said, attributing it to increasingly positive contributions from exports and a recovery of private investment in the medium term.

Oct 04, 2016, 12:21 PM IST

No govt role for ex-World Bank chief economist Kaushik Basu, to return to academia

Having served World Bank as its Chief Economist for about four years, India's former Chief Economic Advisor Kaushik Basu says he will not take up any position in the Indian government and plans to return to Cornell University and focus on his research projects.

Oct 02, 2016, 13:01 PM IST

India, Pakistan reach out to World Bank on Indus Water Treaty

The World Bank on Wednesday said that it was approached by India and Pakistan on IWT.

Sep 28, 2016, 23:48 PM IST

World Bank unanimously reappoints President Jim Yong Kim for 2nd term

The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as president, the global lender announced Tuesday.


Sep 28, 2016, 09:32 AM IST

Bangladesh's Junaid Ahmad new World Bank head in India

Junaid Ahmad has become the World Bank's Country Director for India, replacing Onno Ruhl who served a four-year term based out of the national capital.

Sep 20, 2016, 13:49 PM IST

World Bank chief Jim Yong Kim heads for 2nd term as no other nominees

World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.

Sep 15, 2016, 04:57 AM IST

Air pollution claimed 1.4 million lives in India in 2013, says World Bank report

In 2013, air pollution claimed 1.4 million lives in India, whereas China, which is the world's most populous country, lost 1.6 million lives.

Sep 09, 2016, 10:38 AM IST

Scientists turn to satellite images to map poverty

In a study published on Thursday in the US journal Science, researchers from the Stanford University used machine learning -- the science of designing computer algorithms that learn from data -- to extract information about poverty from high-resolution satellite imagery, Xinhua news agency reported.

Aug 19, 2016, 13:52 PM IST

WHO, World Bank report urges healthcare reforms in China

 Though China has achieved a number of milestones in healthcare advancement over the past three decades, further reforms are urgently needed, said a new report by WHO, the World Bank and the Chinese government, released in Beijing on Friday.

Jul 22, 2016, 23:09 PM IST

World Bank likely to name NYU's Paul Romer as next chief economist: Sources

The World Bank is expected to name New York University economics professor Paul Romer as its next chief economist this week, two people familiar with the decision said, a move that would bring in a prominent voice advocating for investment in human capital.

Jul 17, 2016, 23:49 PM IST

First time in 9 years, Gaza crossing opening for goods: Israel

A major crossing point between Gaza and Israel is set to reopen for the first time in nine years, the Israeli government announced today.

Jul 13, 2016, 23:10 PM IST