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Thursday, September 25, 2025
TopicWorld Bank

Topic: World Bank

World Bank indices need urgent reform, says CEA Nageswaran — ‘should be transparent, less arbitrary’

Chief Economic Advisor to govt of India, V Anantha Nageswaran, says these indices, used to rate investment safety of countries, is created by ‘experts’ who have no presence on the ground.

World Bank set to host climate loss and damage fund for poor countries despite concerns

The 'loss and damage' fund was a breakthrough for developing country negotiators at the UN climate talks in Egypt last year, despite years of resistance from wealthy nations.

World Bank maintains India’s GDP growth forecast at 6.3%

This fiscal, bank credit in India grew 15.8% in the first quarter compared with 13.3% in the first quarter of the previous fiscal.

Biden urges G20 partners to help ‘scale up’ World Bank so it can better support developing countries

New Delhi: US President Joe Biden is leading a “major new initiative” with G20 partners to “reshape and scale up” the World Bank, the...

US President Biden to focus on World Bank reform, funding to tackle climate crisis at G20 Summit

The Biden administration is pushing the World Bank as a counterpart to China's overseas lending.

Health systems using ‘less than 5% data’ — World Bank says clinical & policy decisions not data-based

Digital-In-Health: Unlocking the Value for Everyone report was launched in Gandhinagar during the online G20 Health Ministers' Meet Saturday.

World Bank to halt new lending to Uganda, says its anti-LGTBQ law contradicts bank’s values

The East African country said the World Bank's move was unjust and hypocritical, since it lends to countries in Middle East, Asia with similar laws on homosexuality.

World Bank chief Ajay Banga unveils new plans to help countries tackle climate change

The new steps, still in discussion, come on top of initial steps approved in April that will boost World Bank lending by up to $50 billion over the next decade.

World Bank approves $1.5 billion financing to boost India’s low-carbon energy sector

The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments.

World Bank to provide $500 million in budgetary, welfare support for crisis-hit Sri Lanka

Sri Lanka is emerging out of its worst economic crisis in 7 decades, and its economy expected to shrink 2% this year before returning to growth next year.

On Camera

Bads of Bollywood brought Emraan Hashmi out of our guilty pleasure closet, made him cool

With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.

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.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

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.