Spillover from recent turmoil in financial markets in US, Europe pose risk to short-term investment flows to emerging markets, including India, said World Bank economist.
World Bank points to declining investment growth in the 2011-21 period. Policies promoting investment, improved human capital & faster labour supply could help reverse slowdown.
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.
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.
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.
Even as India, Pakistan have seemed on the edge of war, their intelligence services have often sought to find space to de-escalate tensions and reduce risks for the two countries.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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