scorecardresearch
Friday, April 26, 2024
TopicWorld Bank

Topic: World Bank

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.

India business climate has continuously improved, Amitabh Kant says after WB halts ease index

A day after World Bank suspended its ease of doing business rankings, Kant says the govt will work tirelessly to make India one of the easiest countries to invest in.

World Bank looking at ways to cut poor nations’ debt instead of delaying payments

World Bank chief David Malpass said the organisation wants to avoid a situation where a significant amount of its assistance is used to service past borrowing.

On Camera

Why the future of cars does not look electrified

Making a jump from internal combustion engines to electric vehicles is the kind of romantic prospect that would appeal to India, which jumped from a shortage of landline phones to an abundance of smartphones.

Notices, fines, court case & now a limited ban — RBI-Kotak relationship has been fraught for years

RBI Wednesday banned Kotak Mahindra Bank from taking on new customers through digital channels & from issuing new credit cards. Violations had to do with strength of bank’s IT infra.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

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.