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World Bank maintains India's 2023-24 GDP growth at 6.3 pc
Updated : 2 years, 5 months ago IST
The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
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India came out of pandemic relatively stronger, says World Bank chief Ajay
Updated : 2 years, 8 months ago IST
India has come out of the pandemic relatively stronger, said World Bank chief Ajay Banga, who is currently in India, and noted maintaining the momentum in economy will be the best way to tackle poverty and buoy growth.
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World Bank approves USD 255.5 million loan to improve technical education
Updated : 2 years, 8 months ago IST
More than 3,50,000 students will benefit annually from the project's assistance of 275 government-run technical institutes over the course of the next five years, the US-based multilateral institution said in a statement.
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World Bank approves USD 82 mln for zoonotic disease prevention in India
Updated : 2 years, 10 months ago IST
An infection or disease that is transmissible from animals to humans under natural conditions is called zoonotic.
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"Seems Chidambaram is living under a rock...:" BJP's Malviya
Updated : 2 years, 11 months ago IST
Taking to Twitter, Malviya said, "You, Mr Chidambaram, seem to be living under a rock or intentionally lying. The same World Bank (India Development Update dated Apr 1, 2023) report you have quoted talks about the resilience of India's growth, even in the face of global slowdown... India gro
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Only one boasting about India's economic growth is the Govt: P Chidambaram
Updated : 2 years, 11 months ago IST
"According to the World Bank, the five-year average growth of the Modi government (2019-2024) will be 4.08 per cent Even the sequential annual growth rates after the Corona-affected year show a declining trend The only one boasting about the growth rate is the Government," Chidambaram tweete
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World Bank cuts India's GDP forecast for 2023-24 by 30 bps
Updated : 2 years, 11 months ago IST
India's growth, World Bank, said, is expected to be constrained by slower consumption growth and challenging external conditions.
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World Bank signs USD 1 billion loan to support India's health sector
Updated : 3 years ago IST
According to a release by World Bank on March 3, this combined financing of USD 1 billion will support India's flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across the country.
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World Bank sees inflation declining in India
Updated : 3 years, 3 months ago IST
India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row.
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Rupee fared relatively well versus other emerging market currencies, says
Updated : 3 years, 3 months ago IST
Indian Rupee has fared relatively well in 2022 in comparison to other emerging market peers, said Dhruv Sharma, a senior economist at World Bank.
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World Bank makes upward revision of India's GDP growth forecast due to rob
Updated : 3 years, 3 months ago IST
According to the World Bank, India's real GDP growth is expected to be at 6.9 per cent in FY22-23 compared to 8.7 per cent in FY21-22.
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World Bank: Indian migrant workers from Singapore, other countries send ho
Updated : 3 years, 3 months ago IST
That puts its inflows far ahead of Mexico (USD60 billion), China (USD51 billion), the Philippines (USD38 billion), Egypt (USD32 billion) and Pakistan (USD29 billion), positioning the country to retain its spot as the world's top recipient of remittances. Such foreign remittances make up almo
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