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Saturday, August 16, 2025
TopicWorld Bank

Topic: World Bank

To be the next China, India must first beat Bangladesh

The West wants a meaningful counterweight to China, but that partnership will be predicated on India not getting stuck in a lower-middle-income trap.

Indian economy to contract 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF

With an 8.8% growth rate in 2021, India will regain the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2%, the IMF report said.

Why IMF and World Bank meetings this week will pose policy puzzle for economists

The hope is the meetings will act as an additional catalyst to avoid a repeat of the big policy shortfall of the global financial crisis — failure to secure sustainable growth.

India’s GDP expected to contract by 9.6% this fiscal year, says World Bank report

World Bank Chief Economist Hans Timmer described the situation in India as 'exceptional' and said it was much worse than ever seen before.

World Bank calls on China to cancel debt to coronavirus-hit poor countries

Of the amount due in the G20 debt plan, $7.17 billion, was to China and the amount is likely to rise to $10.51 billion next year if the debt service is extended.

150 mn people could be pushed into extreme poverty by 2021 due to Covid, says World Bank

In its report, the World Bank noted that the lack of recent data for India severely hinders the ability to monitor global poverty.

These countries think their govt did a good job of dealing with the Covid pandemic

Across the 14 countries surveyed, 59% of respondents said greater international cooperation would have reduced number of Covid cases in their own country.

India ranks 116 in World Bank’s annual Human Capital Index

The 2020 Human Capital Index update includes health and education data for 174 countries covering 98 per cent of the world's population up to March 2020.

Haryana CM’s principal secretary Rajesh Khullar appointed World Bank executive director

Khullar, a 1988-batch IAS officer, will have a tenure of three years or till the date of his superannuation, i.e. 31 August 2023, a Personnel Ministry order said.

Data of 4 nations manipulated in 2018, 2020 Doing Business reports, World Bank to conduct audit

World Bank says it is pausing publishing of the Doing Business 2021 report and will conduct an internal audit of reports for the past 5 years.

On Camera

Nobel committee, note how Trump allowed Munir to make nuclear threat against India from US soil

So far, India has responded to his threats with a measured, diplomatic, strategic, and multi-dimensional approach. Now, it needs to react firmly.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.