Search For "world bank india"
World Bank approves USD 212.6 loan for coastal zone management in Tamil Na
Updated : 5 months, 2 weeks ago IST
World Bank's Board of Executive Directors have approved a new program to support coastal communities in India, by protecting and conserving ecosystems, reducing plastic pollution and providing more and diverse jobs for people in Tamil Nadu and Karnataka.
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Global slowdown could last several years, its average impact may be more t
Updated : 9 months ago IST
India has maintained a good growth rate despite difficult and unfavourable political and economic conditions noted Chief Economic Adviser V Anantha Nageswaran on Wednesday.
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World Bank endorses PM Modi's claim of reducing poverty in India
Updated : 10 months, 3 weeks ago IST
Extreme poverty (living on less than USD 2.15 per day) fell from 16.2 percent in 2011-12 to 2.3 percent in 2022-23, lifting 171 million people in Indian above this line, according to a report by World Bank.
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World Bank lowers India growth forecast for 2025-26 by 40 basis points to
Updated : 10 months, 3 weeks ago IST
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade wars following the reciprocal tariffs announced by the US.
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India can produce and sell technology at a lower cost than China: World Ba
Updated : 1 year ago IST
India has the potential to produce technology at a lower cost than China if it can master and manufacture it efficiently, said World Bank Country Director Auguste Tano Kouame. He highlighted that India's large workforce gives it a competitive edge in the global market.
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India provided financial support to its neighbours much before IMF: Nirmal
Updated : 1 year, 4 months ago IST
While participating in a panel discussion on the 'Bretton Woods Institutions at 80: Priorities for the Next Decade', organised by the Center for Global Development, Sitharaman spoke on how India has extended a line of credit to many African nations to build their institutions, bridges, se
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World Bank raises India's growth outlook for FY25 to 7% from 6.6 %
Updated : 1 year, 5 months ago IST
The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
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Middle-income trap hinders progress of 108 developing countries; including
Updated : 1 year, 7 months ago IST
Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier, they usually hit a "trap" at about 10 per cent of annual US GDP per person--the equivalent of USD 8,000 today.
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India to make a Green National Highway project of 781 Kms in collaboration
Updated : 1 year, 7 months ago IST
The Government of India and the World Bank have entered into an agreement for the construction of the Green National Highway Corridors Project (GNHCP), said the Ministry of Road Transport & Highways on Thursday.
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World Bank raises GDP projection, says India to keep its fastest-growing e
Updated : 1 year, 9 months ago IST
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.
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World Bank approves USD 452 million program to improve connectivity in Ass
Updated : 2 years ago IST
The World Bank loan has a maturity of 19 years with a grace period of 4.5 years.
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Inclusion in JPMorgan bond index a signal of India's importance globally:
Updated : 2 years, 5 months ago IST
In a significant development that could pull foreign funds into India’s debt market, JPMorgan Chase & Co. recently announced it will add Indian government bonds to its benchmark emerging-market index starting June 28, 2024. The inclusion of the index follows the Indian government’s “subs
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