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Monday, November 24, 2025
TopicWorld Bank

Topic: World Bank

Why Pakistan’s bid to curb its soaring poverty rate came to ‘troubling halt’ after early gains

Pakistan had dramatically reduced poverty from 64.3 percent in 2001 to 21.9 percent in 2018, but Covid-19, floods, inflation, economic and political instability have reversed gains.

Urban India is warming faster, 3.2% of city GDP could be at risk by 2050—World Bank

Report studied 24 cities with focus on Chennai, New Delhi, among others. Timely adaptation can avert billions of dollars of annual losses from weather-related shocks, it adds.

India must invest $2.4 trillion by 2050 to see climate-resilient urban growth, says World Bank

In a report, the bank says India’s urban population may nearly double to 951 mn by 2050, but cities face rising climate risks, requiring massive investment in resilient infra.

Congress accuses centre of fudging World Bank report, says 28.1% Indians living in poverty

Congress MP Jairam Ramesh raised alarms over rising inequality in India, revealing that in 2023-24, the top 10% of earners made 13 times more than the bottom 10%.

World Bank approves program aimed at improving access to jobs for 1.6 million women in Tamil Nadu

As per official statement, the programme will strengthen state's capacity, technical partnerships & institutional structures required for increasing women's employment in the state.

NaMo-asana, recommended for Trump & vegan food trucks ‘behind enemy lines’

NaMo-asana, recommended for Trump & vegan food trucks 'behind enemy lines'

Women entrepreneurs can boost global GDP by $5 trillion. How their potential can be unlocked

World Bank data highlights a lack of government programmes that provide women entrepreneurs access to finance and training, which can support them in opening and running a business.

World Bank won’t interfere in India-Pakistan Indus Waters Treaty issue, says its president Ajay Banga

While it is signatory to IWT, the Bank is merely 'a facilitator', Banga said. In the aftermath of Pahalgam terror attack, India put the water-sharing agreement with Pakistan in abeyance.

Saudi Arabia plans to pay off Syria’s debts to World Bank, sources tell Reuters

This would be the first known instance of Saudi Arabia providing financial support for Syria since Islamist-led rebels toppled former leader Bashar al-Assad in 2024.

World Bank-appointed Neutral Expert backs India’s stand on Indus Treaty against Pakistan. What it means

The Neutral Expert has said that it has the 'competence' to decide on differences between India & Pakistan related to the design of 2 hydroelectric projects in J&K.

On Camera

DPDP Act will change how we interact with the internet. Get ready for the consent mails

India does not have a data protection regulator to make good on the DPDP Act’s promise and articulate clear future standards.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.