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Wednesday, September 24, 2025
TopicWorld Bank

Topic: World Bank

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.

China’s loans worth $48.1 bn to South Asian nations 5 times that of India’s, Pakistan largest recipient

World Bank's International Debt Report 2024 finds Afghanistan, Pakistan, Nepal, Bhutan, Bangladesh, Myanmar, Sri Lanka & Maldives together owe $324.6 bn to external lenders.

On Camera

‘I am Assam,’ Zubeen Garg had said. He was the soundtrack to our lives

Zubeen Garg's funeral entered the Limca Book of Records as the fourth-largest such procession in the world.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.