World Bank
- Telangana
Telangana farmers saved USD 560 each through AI forecasts
Washington: Artificial intelligence-powered weather forecasts helped small farmers in Telangana save as much as USD 560 by altering their behaviour in response to specific risks, a World Bank report said. Citing a…
- Telangana
Centre approves Telangana’s Rs 4000 crore urban plan
Hyderabad: The Union government’s Department of Economic Affairs on Friday, August 7, approved Telangana’s urban transformation programme worth Rs 4,000 crore. The Telangana government will seek Rs 2,800 crore from the World…
- Telangana
Telangana ranks among India’s top 5 upper-middle income states
Hyderabad: Telangana has found a spot among the top five Indian states in the Upper-Middle Income category based on the World Bank’s per capita income benchmark. According to the World Bank’s classification,…
- India
Bangladesh seeks China’s support in Teesta river restoration project
Beijing: Bangladesh’s new government, headed by Tarique Rahman, has formally sought China’s involvement and support for the Teesta River restoration project, a move that may cast shadow on New Delhi-Dhaka ties. The…
- Business
India received highest number of regressive tax recommendations from IMF: Oxfam
New Delhi: India received the highest number of regressive tax recommendations from the International Monetary Fund (IMF) between 2022 and 2024, according to an analysis by Oxfam. The analysis, released ahead of…
- World
World Bank President Ajay Banga backs jobs push, cites India model
Washington: Underscoring job creation as the core of global development strategy, World Bank President Ajay Banga has pointed to models like India’s cooperative sector as examples of scalable growth solutions. Speaking at…
- India
India’s growth momentum stays strong: World Bank
Washington: India’s economy is maintaining strong growth momentum, driven by robust domestic demand, resilient services exports and sustained reforms, the World Bank said in its latest report. Growth is estimated at 7.6…
- Business
World Bank projects India’s GDP will grow 7.2 pc in FY26 but slow down in FY27
New Delhi: The World Bank has raised India’s gross domestic product (GDP) growth forecast to 7.2 per cent for the current fiscal, up by 0.9 percentage points from its June projections, on…
- India
Kochi Water Metro touches 50 lakh passenger mark
Kochi: The Kochi Water Metro has achieved a new milestone of 50 lakh passengers within just 29 months of commencing operations, officials said on Sunday. The landmark was reached on Saturday afternoon…
- India
Congress expresses concern over World Bank report on poverty in India
New Delhi: The Congress expressed concerns on Sunday over a recent World Bank report that said poverty and inequality remain concerningly high in India, and requested the Centre to take steps, including…
- Middle East
Saudi Arabia, Qatar to pay off Syria’s USD 15M World Bank debt
The Kingdom of Saudi Arabia (KSA) and Qatar on Sunday, April 27, announced their commitment to settle Syria’s outstanding debts to the World Bank Group, totaling around USD 15 million. This decision…
- Middle East
Lebanon receives USD 250M World Bank loan to reform electricity sector
Beirut: Lebanon has signed a USD 250 million loan agreement with the World Bank to support critical reforms in its struggling electricity sector, according to media reports. The agreement was signed by…
- Business
IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman
San Francisco: Finance Minister Nirmala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the “visionary leadership” of Prime Minister Narendra Modi and the stability provided by a…
- Middle East
Saudi Arabia set to pay off Syria’s World Bank debt
The Kingdom of Saudi Arabia (KSA)is planning to settle Syria’s outstanding debt to the World Bank—estimated at approximately 15 million USD—as part of efforts to support the war-torn nation following years of…
- Middle East
World Bank estimates 11B USD needed to rebuild Lebanon after Israel-Hezbollah war
The cost of reconstruction and recovery for Lebanon following the 14-month Israel-Hezbollah war is estimated at 11 billion USD, the World Bank said in a report on Friday. The report by the…
