Tag: world bank

IMF, World Bank need to give emerging economies prominent role in decision-making processes: Shaktikanta Das
Posted in Economy

IMF, World Bank need to give emerging economies prominent role in decision-making processes: Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das highlightwhile addressing the Macro Week 2024 event in Washington called on global organisations such as World Bank…

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Nirmala Sitharaman urges for affordable, cheaper World Bank lending for middle income countries
Posted in Economy

Nirmala Sitharaman urges for affordable, cheaper World Bank lending for middle income countries

Union Finance Minister Nirmala Sitharaman has called for more affordable and cheaper lending from World Bank during her the annual meeting with the organization. The…

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RBI chief Shaktikanta Das says inflation moderating, but upside risks require vigilance
Posted in Economy

RBI chief Shaktikanta Das says inflation moderating, but upside risks require vigilance

Reserve Bank of India Governor Shaktikanta Das said on Friday the country’s inflation is moderating, but the central bank will be vigilant to risks of…

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Soft landing of global economy is increasingly a possibility: Nirmala Sitharaman
Posted in Economy

Soft landing of global economy is increasingly a possibility: Nirmala Sitharaman

A soft-landing of the global economy, which has experienced tremendous stress over the past several years, is increasingly a possibility, Union Finance Minister Nirmala Sitharaman…

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Nirmala Sitharaman highlights Global South's contributions to foundations of multilateral development banks
Posted in Economy

Nirmala Sitharaman highlights Global South’s contributions to foundations of multilateral development banks

Union Finance Minister Nirmala Sitharaman highlighted the contributions of the Global South to the foundations of multilateral development banks at the 1944 Bretton Woods conference…

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Job creation, redefining skills most pressing issue globally amid rapid tech changes: Nirmala Sitharaman
Posted in Economy

Job creation, redefining skills most pressing issue globally amid rapid tech changes: Nirmala Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman has stressed that job creation is the most critical issue worldwide, particularly given the persistent economic challenges and…

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Curbs on FDI from border nations to stay: FM Nirmala Sitharaman
Posted in Economy

Curbs on FDI from border nations to stay: FM Nirmala Sitharaman

New Delhi: India will maintain its curbs on foreign direct investment (FDI) from bordering nations in national interests, finance minister Nirmala Sitharaman said, stressing that…

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India’s GDP growth unchanged at 7% for FY25 by IMF
Posted in Economy

India’s GDP growth unchanged at 7% for FY25 by IMF

The International Monetary Fund (IMF) has maintained India’s growth forecast at 7% for FY25, consistent with its July prediction, highlighting that the “pent-up demand” during…

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HUDCO to lend Rs 11,000 crore for construction of Amaravati greenfield capital city
Posted in Economy

HUDCO to lend Rs 11,000 crore for construction of Amaravati greenfield capital city

Housing and Urban Development Corporation Ltd (HUDCO), a navaratna central public sector enterprise, has come forward to lend Rs 11,000 crore for the construction of…

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'India's growth rate is among the shiniest parts in the world economy': Ajay Banga
Posted in Economy

‘India’s growth rate is among the shiniest parts in the world economy’: Ajay Banga

Washington: India’s growth rate is the shiniest part in the global economy, World Bank president Ajay Banga said on Thursday, noting that a lot of…

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