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.
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.
India can convert the tariff turmoil into an opportunity to position itself as the world’s go-to trade partner. It has the scale and heft, but needs the boldness.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
New Delhi: India has handed over military equipment, medical supplies, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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