BREAKING !  :  Members of Karnataka Pradesh Mahila Congress staged a protest over rise in prices of LPG cylinders in Bengaluru on Thursday. (Photo By Arrangement) Hoteliers fume over hike in LPG cylinder prices
 BREAKING !  :  Cyient founder B.V.R. Mohan Reddy. (Photo: Twitter) BVR Mohan Reddy: A living example for success by design
 
The World Bank

The World Bank

Union Finance Minister Nirmala Sitharaman attends the Development Committee Meeting of the World Bank-IMF, in Washington DC, USA. (PTI Photo)

Avoid unidimensional view of Indian subsidies: FM Nirmala Sitharaman to World Bank

15 Oct 2022 11:28 AM
Sri Lankan university students march during a protest over the country's worst economic crisis in decades in Colombo, Sri Lanka, Sunday, April 24, 2022. Banner in Sinhalese reads, "lower taxes and prices" (AP/Eranga Jayawardena)

Poverty in Sri Lanka to spike this year, warns World Bank

The heightened fiscal and external risks as well as the challenging political situation pose significant uncertainty to the economic outlook
26 Apr 2022 1:18 PM
A member of Sri Lanka's opposition political party National People's Power waves country's national flag as he participates in an anti-government protest rally in Colombo, Sri Lanka. (AP Photo/Eranga Jayawardena)

World Bank ready to provide emergency support to Sri Lanka: Report

The IMF has commended the steps already taken by the Finance Minister to mitigate the present financial situation in Sri Lanka
20 Apr 2022 1:50 PM
Union Finance Minister Nirmala Sitharaman during the investors roundtable meeting hosted by FICCI and US-India Strategic Partnership Forum (USISPF), in Boston. (Photo: PTI)

UN, World Bank, IMF in need of urgent reforms: Finance Minister Sitharaman

Sitharaman arrived in the US Monday for a week-long trip to attend the annual meet of the World Bank and IMF in Washington
13 Oct 2021 11:16 AM
As earnings of low skill workers remain well below 2019 levels, it might take longer than previously expected for India to achieve the goal of reducing extreme poverty to below 3 per cent, said the World Bank. (PTI)

India’s poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory
11 Oct 2021 2:53 AM
India's economy projected to contract this year. (AFP)

Why IMF's latest projection on India's growth rate must not come as a surprise

Coronavirus and the consequent lockdown have dealt a body blow to India's economic recovery
27 Jun 2020 3:10 PM
The World Bank. (AFP)

World Bank okays $1 billion for India's fight against coronavirus

This takes the total commitment from the World Bank towards emergency COVID-19 response in India to $2 billion.
15 May 2020 12:05 PM
Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)

World Bank estimates worst economic slump in South Asia

The dire economic effects are already much in evidence, with widespread lockdowns freezing most normal activity
12 Apr 2020 9:54 AM
Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs participated in G20 Meeting of Finance Ministers and Central Bank Governors. (AFP- FILE PHOTO)

G20 meeting of Finance Ministers and Central Bank Governors on Apr 15

The virtual meeting of the finance ministers and central bank governors comes within a fortnight of their last meeting on March 31
10 Apr 2020 2:54 PM
The World Bank. (Photo- AFP)

Covid19: World Bank approves $1 billion emergency fund for India

The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries
03 Apr 2020 9:34 AM
The World Bank had earlier dropped the proposal of funding the Amaravati Sustainable Infrastructure and Institut-ional Development Project, citing non-compliance with its policies, especially those related to settlements with affected parties besides flaws by the previous government in its approach and dealing with ‘subjects’.

World bank hints it will mollify Andhra Pradesh

The TD government invited tenders for infrastructure development even before the World Bank loan details were finalised.
22 Jul 2019 2:07 AM
he government is in discussions with multiple foreign lenders, including Germany’s state-owned development bank KfW Group, the World Bank and some Canadian institutions to extend lines of credit to small enterprises, one of the officials, who did not want to be identified, told Reuters.

Foreign lenders may fund MSMEs

The official said the government plans to source up to Rs 1 lakh crore of loans from foreign institutions.
20 Jul 2019 1:46 AM
Screen shot of World bank website.

Vijayawada: Team acted on farmers complaint of irregularities in land pooling

World Bank teams inspected Amaravati several times to probe into allegations.
19 Jul 2019 2:58 AM
The rebuild plan comprises almost all key sectors, especially farming, irrigation, drinking water supply, hygiene and sanitation tourism, village roads, traffic management, livelihood assistance, empowering Kudumbashree women to take up enterprises, land conservation and melding farm and water needs.

World Bank to partner Kerala Rebuild

The conclave saw ADB, JICA, AFD, KfW and New Development Bank committing to fund the Rebuild Kerala Development Plan.
16 Jul 2019 5:20 AM

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‘What to Watch’ for week ending March 21

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Justice for Preethi gains social media momentum

Dr D. Preethi (Image Source: Twitter)
 

Hyderabad city to have bridges à la Paris

While six bridges and a link road will be constructed by the Hyderabad Metropolitan Development Authority, four bridges will be built by the Greater Hyderabad Municipal Corporation, three by the HRDCL and one bridge by the QQSUDA. (Representational Image: PTI)
 

Experts warn of particularly hot summer ahead in Hyderbad

Anjal Prakash, research director and adjunct associate professor of Bharti Institute of Public Policy, ISB, told Deccan Chronicle, “The climate models have predicted that this is going to be a warmer summer and the hot areas will be hotter than before. In Telangana, we are seeing 38ºC in February itself, which is an indication of what is in store in April and May.” (Representational DC Image)
 

When Cupid strikes OTT platforms

Shah Rukh Khan and Kajol from the film Dilwale Dulhania Le Jayenge. (Photo: Twitter)
 

Kerala transman gives birth to baby, first case in India

Ziya Paval recently took to Instagram and announced that Zahhad was eight months pregnant. Paval and Zahhad have been living together for the past three years. (Twitter)
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Ananya Panday along with Vijay Deverakonda are currently busy promoting their upcoming sports action film 'Liger'. (ANI)

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