Search For "world bank"
LOOM SOLAR raises USD 2 Million Funding from SIMA Funds, USA
Updated : 3 years, 2 months ago IST
New Delhi [India], January 18 (ANI/PNN): Emerging SolarTech start-up Loom Solar has raised USD 2 Million funding from US based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
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Pakistan is South Asia's weakest economy: World Bank report
Updated : 3 years, 2 months ago IST
Unsurprisingly, warning of another global recession, the World Bank on January 13, 2023 forecasted Pakistan's economic growth to slow further to two per cent during the current year -- down by two percentage points from its June 2022 estimate.
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Foreign investors pull out Rs 15,000 cr from stocks in first 2 weeks of 20
Updated : 3 years, 2 months ago IST
Foreign investors are cautious amid risks of the potential return of Covid, besides looming global recession worries.
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Brain drain in Middle East countries entails an ignorance cost amounting t
Updated : 3 years, 2 months ago IST
According to several studies carried out by UNESCO, the Arab League and the World Bank, the Middle East and the Arab World are responsible for about one-third of the brain drain from developing countries. The countries where Arab scientists and other highly skilled professionals migrate a
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Nearly one billion served by healthcare facilities without reliable electr
Updated : 3 years, 2 months ago IST
Access to electricity is critical for quality healthcare provision, from delivering babies to managing emergencies like heart attacks, or offering lifesaving immunization. Without reliable electricity in all healthcare facilities, Universal Health Coverage cannot be reached, the report notes
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China's estimated GDP growth rate out of reach for Beijing: World Bank
Updated : 3 years, 2 months ago IST
In China, growth is projected at 4.3 per cent in 2023--0.9 percentage points below previous forecasts. The second-largest economy in the world is now falling back in the race.
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World Bank slashes Pakistan GDP growth projection to 2 per cent
Updated : 3 years, 2 months ago IST
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
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World Bank cuts global growth estimate for 2023 over recession risks
Updated : 3 years, 2 months ago IST
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
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World Bank says fragile economic conditions might usher in recession
Updated : 3 years, 2 months ago IST
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.
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Google India committed to mentoring 1 million Indian women entrepreneurs:
Updated : 3 years, 2 months ago IST
US Secretary of State Blinken, Antony Blinken on Wednesday (local time) said that Google India has committed to mentoring 1 million Indian women entrepreneurs at the launch of the US Strategy on Global Women's Economic Security.
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World Bank cuts 2022 China growth forecast to 2.7 pc from 4.3 pc predicted
Updated : 3 years, 3 months ago IST
In a report -- Navigating Uncertainty, China's Economy in 2023 -- by World Bank, the lender said that confronted with the most widespread outbreaks since the beginning of the pandemic, the continued evolution of China's public health policies will be crucial, both to mitigate public health r
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Sitharaman says inflation has come down, will decline further
Updated : 3 years, 3 months ago IST
While addressing the lower house, Sitharman cited a World Bank report titled 'India Development Update: Navigating the Storm'.
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