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Israel elections

Israeli PM Benjamin Netanyahu likely to secure a record fifth term

New World Bank chief David Malpass seeks to temper fears over appointment, and US sends warship to disputed sea in signal to China.
Bank notes | Dhiraj Singh/Bloomberg

India world’s highest recipient of remittances, Kerala flood likely boosted aid

World Bank said India’s remittances grew more than 14%, placing it ahead of China and Mexico.
PM Modi

Elections won’t stop economic reforms, says CEA K. Subramanian

Investors needn't worry about policy continuity because whichever party comes to power will have to continue economic reforms, Subramanian says.
An vendor carries a sack of pumpkins at a wholesale market in Chennai

India needs more, not less, globalisation for its workers to enjoy higher salaries

Nearly 10 million Indians enter the workforce every year in a country where almost 60% of the population live below the poverty line.
A cyclist protects himself with a handkerchief against air-pollution as he rides through smog, at ITO Bridge in New Delhi

The world’s most polluted air is in India and it’s killing people

India's healthcare costs & productivity losses from pollution are as much as 8.5% of GDP, according to the World Bank.
Trucks at the Wagah border

Don’t let border tensions hamper trade: UN & World Bank economists to India, Pakistan

India's decision to withdraw the MFN status from Pakistan would boost informal trade, that is, smuggling & corruption, UN & World Bank experts said.
The World Bank headquarters

India was the largest borrower from World Bank for 3 of last 4 years

World Bank assistance to India peaked in fiscal year 2010 at $9.3 billion, and help has been provided across sectors like road and power infrastructure, agriculture, health etc.
David Malpass, World Bank president nominee for U.S. President Donald Trump, right, listens while Trump speaks in the Roosevelt Room of the White House in Washington, D.C., on 6 Feb., 2019

Trump attacks the World Bank by nominating an unconventional chief

Donald Trump's nominee for the post of World Bank president has been a critic of multilateral institutions.

What’s different about this year’s Davos?

From a focus on mental health to the participation of more women, Davos is set for a makeover this year. Here’s what else is happening around the world.
Indra Nooyi

White House considering Indra Nooyi for post of World Bank president: Report

The New York Times said that Nooyi has been courted as an administration ally by Ivanka Trump, who is playing a role in the selection of a nominee.

On Camera

Workers at a construction site in Delhi (representational image) | Ruhani Kaur/Bloomberg

India’s caste problem has a silver lining: urbanisation, and inter-caste marriage

Unlike villages, search for partners in cities shifts its focus from family and caste networks to friends and professional networks.

IAS poll observer: With Modi breaking rules, should EC give him special security treatment?

The Election Commission has suspended an IAS officer who had inspected PM Narendra Modi’s chopper in Odisha’s Sambalpur Tuesday.

Defence

Satellite images suggest that China is testing and weaponising its naval platforms for space denial

China is now testing laser ASAT weapons from its naval ships

China has already tested missile & EMP anti-satellite weapons from the ground. Now it’s using icebreaker ships in the Yellow Sea/Bohai Sea area.
Graphic by Soham Sen | ThePrint

Modi & Shah have turned India into ‘Jingostan’ & are out to conquer the paranoid country

The Modi-Shah BJP has resurrected dangers & the enemy from the past, and built a scary jingoism. It’s a great diversionary tactic, but it never ends well.