The World Bank's Executive Board of Directors approved a USD 363 million loan to the southern Indian state of Karnataka to provide clean drinking water supply to two million rural households in the state through a piped water connection.
Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM Bank. The terms for this financing are highly adverse for Nepal's economy. The rate of interest charged on this loan is 2 per cent, much higher than what other multilateral lender
Cornering the Pinarayi Vijayan government in Kerala over Brahmapuram fire incident, Bharatiya Janata Party (BJP) Chief K Surendran on Friday asked the chief minister to inform how much money the state has received from the World Bank, Central Government, foreign and other agencies for waste
The central government and the World Bank have signed an agreement for the construction of a green national highway corridors project (GNHCP) in an aggregate length of 781 km in the states of Himachal Pradesh, Rajasthan, Uttar Pradesh, and Andhra Pradesh.
According to the World Bank report, natural disasters such as flooding, earthquakes, avalanches, landslides, and droughts are exacerbating vulnerability and poverty in Afghanistan.
An Indian Administrative Service Officer of 1987 batch (Chhattisgarh cadre), Subrahmanyam has held many important assignments over the last three decades in Madhya Pradesh, Chhattisgarh, and Jammu and Kashmir, along with a stint at The World Bank.
While addressing weekly briefings, White House press secretary Karine Jean-Pierre said, "US nominated Ajay Banga to be president of the World Bank. President Biden himself said he is uniquely equipped to lead the world bank, he is a renowned business executive that has managed companies brin
The drivers of rented vehicles didn't take foreigners to their respective working sites of the 4320 megawatts Dasu Hydropower Project which affected the work on the mega energy project being executed in the Upper Kohistan district with financial assistance from the World Bank and other lendi
David Malpass was selected as 13th President of the World Bank Group by its Board of Executive Directors on April 5, 2019. His five-year term began on April 9.