Tuesday, 25 January, 2022
TopicWorld Bank

Topic: World Bank

New study shows China’s stark influence in 70 global institutions in charts

According to the Centre for Global Development, US shouldn’t be alarmed. But it should see where China is at odds with it.

Developed countries must enact laws for net-zero emissions by 2030, Nirmala Sitharaman says

The demand was made while cautioning World Bank against climate change agenda of countries that are outside the scope of their Nationally Determined Contribution (NDCs).

UN, World Bank, IMF need to be urgently reformed, made more transparent, Sitharaman says

During a talk at the Harvard Kennedy School, Finance Minister Nirmala Sitharaman also said that these institutions need to speak for countries that don't get adequate representation.

Don’t have to wait for widespread Covid vaccination to reopen schools, World Bank says

World Bank has noted that the experiences from countries where schools have reopened suggest that with adequate mitigation strategies, schools pose low risks for disease transmission.

How the World Bank scandal is linked to Xi Jinping regime’s growing sense of entitlement

The Ease of Doing Business report and its deserved demise should not worry us. Concern about what will follow next.

World Bank discontinues ‘Doing Business’ report after probe finds data altered to favour China

The probe revealed that top World Bank officials, including then-Chief Executive Kristalina Georgieva, applied 'undue pressure' on staff to boost China's ranking.

India likely made up more than a third of global infant deaths in Covid slowdown

Economic shocks lead to an increase in deaths among vulnerable groups, such as young children and the elderly in low-income countries.

Indian economy needs to fire on 4 engines to grow. But Modi govt is betting on just 2

Steep jump in medium-term growth rates, of the kind projected, needs strong private & govt investment, domestic demand & exports. Govt has bet on growth in own investment, while exports are doing well.

Over $157 bn deployed in last 15 months to fight ‘unprecedented crisis’, World Bank says

The bank's group president David Malpass said they would continue to provide assistance to developing countries amid pandemic to achieve a more broad-based economic recovery.

Poonam Gupta, former World Bank economist, joins NCAER as first woman director-general

Poonam Gupta, will succeed current head, Shekhar Shah, who has led the think tank since 2011. She was appointed to the post in April this year.

On Camera

YourTurn

Liberals mourning India Gate flame must also recall some dark aspects of the colonial Army

The moving of the flame seems, to some, as part of an ongoing extinguishing of the Indian Army’s heritage of secularism, decency and righteousness.

South-East Asia’s SMEs are underperforming. Their ‘digital revolution’ depends on fintech

Digitisation of South-East Asia's economy during the pandemic is uneven. The growth in digital services has favoured individual consumers, not SMEs.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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