World Bank
- India
India projected to grow at 7% in 2022-23, says Sitharaman at IMF meet
New Delhi: Finance Minister Nirmala Sitharaman on Friday said that with both the International Monetary Fund (IMF) and the World Bank having projected India as the fastest growing major economy in 2023,…
- India
India concerned about global economic outlook: Nirmala Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman said that despite this year’s projected growth rate of over 6 per cent for the Indian economy, it remains concerned about the global economic outlook…
- World
New Zealand Finance Minister to attend World Bank, IMF meetings in US
Auckland: Grant Robertson departs this evening for Washington DC to attend the spring meetings of the World Bank and the International Monetary Fund. The annual meetings bring together finance ministers, central bankers…
- India
World Bank cuts India’s GDP growth to 6.3% for 2023-24
New Delhi: India’s GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to consumption falling owing to higher…
- World
China’s loans to Africa worries World Bank President
London: World Bank President David Malpass has said he is concerned about some of the loans China has been making to developing economies in Africa, according to a media report. David Malpass…
- World
Indian-American Ajay Banga sole nominee to lead World Bank
Washington: The World Bank has said that Indian-American Ajay Banga is the only candidate nominated for the President’s position as the nomination period closed on March 29. The World Bank announced that…
- World
Ajay Banga poised to become World Bank chief unopposed
Washington: Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious…
- Middle East
World Bank pledges $500M to support Lebanon’s vulnerable population, agri
Beirut: The World Bank announced that it will allocate about $300 million this year to provide social protection to Lebanon’s vulnerable population and invest $200 million in the country’s agriculture sector. Ferid…
- India
India lends support to Ajay Banga’s nomination for World Bank President post
New Delhi: India on Thursday extended support to the candidature of Ajay Banga as World Bank President, saying his nomination comes at a time when the multilateral lending agency is considering next-generation…
- World
With Banga nomination, top World Bank positions to held by Sikhs
Washington: With US President Joe Biden nominating Ajay Banga, the former Indian American head of Mastercard, to head the World Bank, the top posts in the global financial institution will be held…
- Hyderabad
Ajay Banga, one of the illustrious alumni of Hyderabad Public School
Hyderabad: Ajaypal Singh Banga, who has been nominated by US President Joe Biden to lead the World Bank, is one of the illustrious alumni of Hyderabad Public School (HPS) who achieved top…
- World
Biden nominates Indian-American Ajay Banga for World Bank president
Washington: President Joe Biden on Thursday announced that the US is nominating Ajay Banga to lead the World Bank, saying the Indian-American business leader is uniquely equipped to lead the global institution…
- India
B V R Subrahmanyam appointed as the new Niti Aayog CEO
New Delhi: Former IAS officer B V R Subrahmanyam was on Monday appointed as the Chief Executive Officer (CEO) of Niti Aayog replacing Parameswaran lyer, who has been named as the Executive…
- India
IWT: India questions World Bank’s decision to start two separate processes
New Delhi: India on Thursday questioned the World Bank’s decision to appoint a Court of Arbitration and a neutral expert under two separate processes to resolve differences between New Delhi and Islamabad…
- Pakistan
WB delays loans approval for Pakistan
Islamabad: Pakistans worsening economic situation, political uncertainty and reluctance of the current government to fulfil the pre-conditions to revive the IMF programme, coupled with delays in taking these decisions has added to…
