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Thursday, April 25, 2024
TopicWorld Bank

Topic: World Bank

US expects Joe Biden’s nominee Ajay Banga to be elected as World Bank president

Banga, 63, recently completed a 3-week world tour to meet govt leaders, civil society groups and others in borrowing and donor countries as he campaigned for the bank's top post.

US nominee for World Bank, Ajay Banga, tests positive for Covid; cancels India meetings

Indian-born former Mastercard CEO was due to meet PM Narendra Modi as well as ministers of finance and external affairs during his 23-24 March visit.

World Bank’s arm to invest about $73 million in Mahindra’s last mile mobility unit

The investment, which is IFC's first in an electric vehicle maker in India, comes as the sector is receiving a push from the government.

US candidate for World Bank, Ajay Banga, gains more support

US President Joe Biden last month nominated Banga to replace David Malpass. So far, 53 people have signed a declaration backing ex-Mastercard CEO.

‘Remarkable’: France, Germany signals support to Ajay Banga as World Bank lead at G20 meet

Banga, nominated by the US to lead World Bank, gained traction with leading members, a sign that he will likely have a smooth ride to confirmation by the bank's executive board.

Army kid to Mastercard CEO who pushed for gender parity — Ajay Banga, US’s World Bank head nominee

Banga is the first India-born nominee for the post and, if selected, will be the first India-born person to hold the office. He was awarded the Padma Shri in 2016.

Why India’s unlikely to accept any interim arbitration decision on Indus Waters Treaty projects

In dispute with Pakistan over Kishanganga & Ratle projects, India objected to World Bank move to initiate parallel mediation & refused to take part in Court of Arbitration proceedings.

World Bank announces $1.78 billion aid to earthquake-hit Turkey

The US on Thursday announced providing $85 million humanitarian assistance to those impacted by the earthquake in Turkey and Syria.

Why India wants to modify Indus Waters Treaty with Pakistan

India & Pakistan have locked horns over Kishanganga & Ratle hydroelectric projects, primarily over process of dispute resolution under Indus Waters Treaty and World Bank's role.

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.