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Friday, March 29, 2024
TopicAjay Banga

Topic: Ajay Banga

World Bank chief Ajay Banga unveils new plans to help countries tackle climate change

The new steps, still in discussion, come on top of initial steps approved in April that will boost World Bank lending by up to $50 billion over the next decade.

World Bank to pause loan repayments for nations crippled by disasters, reports Financial Times

World Bank President Ajay Banga will unveil measures, including the pause on repayments and embedding catastrophe insurance into new loans in a speech in Paris on Thursday.

‘Get the most’ from balance sheet, Yellen urges World Bank chief Ajay Banga

During meeting with Banga a day before former Mastercard CEO takes office at World Bank, Yellen ‘conveyed her strong desire for Treasury to continue close collaboration’ with him.

World Bank elects Indian-origin Ajay Banga as president

Banga, nominated for the post by US President Joe Biden, will take over the role on 2 June. He was the sole contender to replace departing chief David Malpass whose term ends next month.

Ajay Banga to Indira Nooyi, sibling CEOs are a thing. They all cracked IIT, IIM

India’s sibling CEOs have some commonalities but at other times they’re like chalk and cheese.

US expects Joe Biden’s nominee Ajay Banga to be elected as World Bank president

Banga, 63, recently completed a 3-week world tour to meet govt leaders, civil society groups and others in borrowing and donor countries as he campaigned for the bank's top post.

US nominee for World Bank, Ajay Banga, tests positive for Covid; cancels India meetings

Indian-born former Mastercard CEO was due to meet PM Narendra Modi as well as ministers of finance and external affairs during his 23-24 March visit.

US pick for World Bank Chief Ajay Banga, to meet with PM Modi in New Delhi

These discussion will focus on India’s development priorities, the World Bank, & global economic development challenges, the Treasury said in a statement.

US candidate for World Bank, Ajay Banga, gains more support

US President Joe Biden last month nominated Banga to replace David Malpass. So far, 53 people have signed a declaration backing ex-Mastercard CEO.

‘Remarkable’: France, Germany signals support to Ajay Banga as World Bank lead at G20 meet

Banga, nominated by the US to lead World Bank, gained traction with leading members, a sign that he will likely have a smooth ride to confirmation by the bank's executive board.

On Camera

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.