Search For "world bank"
India expected to remain world's fastest-growing major economy: World Bank
Updated : 5 months, 2 weeks ago IST
The report states that South Asia's growth is expected to remain robust at 6.6 per cent this year, but warns of a slowdown to 5.8 per cent in 2026.
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Pakistan's economic stability masks a nation sinking deeper into poverty
Updated : 5 months, 2 weeks ago IST
Pakistan's apparent economic recovery, often highlighted by government officials and market analysts, conceals a far grimmer reality for millions of its citizens. While the state asserts growth under the IMF program and the stock market touches record highs, the World Bank's latest assessme
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India's services and manufacturing exports offer untapped potential for fo
Updated : 5 months, 3 weeks ago IST
India's export sectors, particularly services and manufacturing, offer significant untapped potential for foreign investors, according to Franziska Ohnsorge, Chief Economist, South Asia Region, World Bank.
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PM Shehbaz Sharif urges IMF to consider flood impact on Pakistan economy
Updated : 5 months, 3 weeks ago IST
PM Shehbaz Sharif told IMF chief Kristalina Georgieva that Pakistan is meeting programme targets but urged factoring in flood damage in the upcoming review. He also met World Bank President Ajay Banga, praising support and welcoming a $40 billion partnership framework for reforms and climate
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Pakistan's poverty rate rises to 25.3% in 2024-25: World Bank
Updated : 5 months, 3 weeks ago IST
A recent World Bank (WB) report has raised alarms over the increasing poverty rate in Pakistan, emphasising the urgency for long-term, inclusive reforms to safeguard the country's most vulnerable communities, according to Dawn.
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Odisha charts a new course in statistical transformation with World Bank s
Updated : 5 months, 3 weeks ago IST
A meeting with the World Bank Mission Team on the Externally Aided Project "Strengthening the State Statistical System under Odisha State Capability and Resilient Growth " was held at the P&C Conference Hall, Bhubaneswar.
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Thailand Launches Official Host Country Website for the 2026 IMF- World Ba
Updated : 5 months, 3 weeks ago IST
Bangkok [Thailand], September 11: Thailand, through the Ministry of Finance (MOF) and the Bank of Thailand (BOT) is actively building momentum as the host of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) from 12-18 October 2026, at the Queen
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World Bank approves USD 212.6 loan for coastal zone management in Tamil Na
Updated : 5 months, 3 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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7.8% GDP growth for Q1 FY26 is testament to Indian economy's resilience, w
Updated : 5 months, 3 weeks ago IST
Industry chambers on Friday said that GDP growth of 7.8% for Q1 FY26 is a testament to the Indian economy's resilience, signals strong momentum at the start of the fiscal year and will help boost business sentiments when the country is facing global headwinds
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1GV, Rx Propellant's Flagship Life Sciences Campus in Genome Valley, Hyder
Updated : 7 months, 2 weeks ago IST
Hyderabad (Telangana) [India], August 4: Rx Propellant, an Actis platform, is proud to announce that 1GV, its flagship life sciences campus located in Genome Valley, Hyderabad, has been awarded the prestigious EDGE Advanced Certification by the International Finance Corporation (IFC), a memb
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Trump tariffs a “tribute to India’s strategic exceptionalism”: Manish Tewa
Updated : 7 months, 2 weeks ago IST
Tewari described Trump's remarks as an unexpected acknowledgement of India's long-standing foreign policy principles, which date back to the country's first Prime Minister, Jawaharlal Nehru.
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IFC announces $20 million equity investment in Transvolt Mobility
Updated : 8 months, 1 week ago IST
To enhance access to quality urban transport, scale up electric vehicles (EVs) production and strengthen India's electric mobility ecosystem, IFC is providing USD 20 million equity investment to Transvolt Mobility Private Limited (Transvolt), as part of its USD 50 million financing round, th
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