Tag: world bank
‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growth
Economist Neelkanth Mishra on Thursday hit back at claims that India’s latest GDP growth number was inflated by the revision of the national accounts series,…
Nirmala Sitharaman, World Bank chief Ajay Banga hold meeting, discuss deepening cooperation
Washington: Finance Minister Nirmala Sitharaman has met World Bank President Ajay Banga and discussed further strengthening the partnership between India and the international finance institution…
AI offers India big opportunities to boost jobs, living standards: World Bank MD Paschal Donohoe
The global economy continues to show resilience despite fresh energy and supply-chain shocks, with growth and job creation remaining firm across many regions, World Bank…
Climate change could erase thousands of jobs in India’s cities by 2050: World Bank
New Delhi: Indian cities are set to lose hundreds of thousands of jobs over the coming decades as extreme heat makes outdoor work unsafe, raising…
World Bank approves USD 1.5 bn loan to support India’s reforms, job creation
New Delhi: The World Bank‘s Board of Executive Directors has approved USD 1.5 billion in financing to support India‘s structural reforms aimed at boosting private…
Seven-fold rise in funds under externally aided projects in northeast under Modi government: Nirmala Sitharaman
Shillong: Union Finance Minister Nirmala Sitharaman on Friday said externally aided projects should not be viewed merely as financing mechanisms, but as instruments for local…
India taps World Bank, ADB for $2.5 billion infrastructure spend
India is said to be in talks with multilateral lenders to secure about $2.5 billion in funding from existing credit lines as New Delhi tees…
World Bank Raises India’s FY27 Growth Forecast to 6.6%
New Delhi: The World Bank raised India’s FY27 growth forecast to 6.6% from 6.5% estimated in January, citing reduced US tariffs and the anticipated benefits…
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank
Washington: India will remain the world’s fastest-growing major economy, expanding at 6.6 per cent in fiscal year 2026-27, a sharp moderation from 7.7 per cent…
India has ample buffers to weather headwinds from Middle East conflict: World Bank
New Delhi: The World Bank on Thursday said India is well placed to weather the current global energy shock with ample buffers, including high foreign…