World Bank

Shadow Banking Credit Disbursal To Remain Weak In India: World Bank

Business | Indo-Asian News Service | Thursday January 9, 2020

Total NBFC sanctions fell to Rs 1.9 lakh crore at the end of September from Rs 2.9 lakh crore during the same period last year.

Lower Consumption, Less Credit Led To Decline Of Growth To 5%: World Bank

India News | Press Trust of India | Thursday January 9, 2020

The World Bank has projected a five per cent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 per cent in the following financial year.

Massive Debt Wave Could Crash On Developing Countries, World Bank Warns

World News | Agence France-Presse | Friday December 20, 2019

A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis, the World Bank warned on Thursday.

US Senators Propose Bill To Clamp Down On World Bank Lending To China

World News | Press Trust of India | Thursday December 12, 2019

Three top Republican senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.

World Bank Suggests Creating "Brand Northeast"

India News | Press Trust of India | Thursday December 12, 2019

The central government should consider creating a brand for the northeast to better leverage the potential of the region, the World Bank said.

PM Modi Visits Arun Shourie At Pune Hospital, Tweets On "Wonderful Interaction"

India News | Edited by Jimmy Jacob | Monday December 9, 2019

Prime Minister Narendra Modi on Sundaypaid a visit to former Union Minister Arun Shourie at a Pune hospital, where he was admitted after suffering a head injury early last week.

"China Has Plenty, Why Is World Bank Loaning Money? Stop!": Donald Trump

World News | Agence France-Presse | Saturday December 7, 2019

US President Donald Trump lashed out at the World Bank on Friday, blaming the international financial institution for lending money to China.

Manual Scavenging Still Continues In India Due To Weak Laws: UN Study

India News | Press Trust of India | Friday November 15, 2019

Manual scavenging, banned through a legislation in 2013, still prevailed in India due to ''weak legal protection and lack of enforcement'' of the rules, according to a new global study by the World Health Organisation (WHO) and others.

World Bank Cuts Not Related To Alleged Uighur Rights Violation: China

World News | Agence France-Presse | Tuesday November 12, 2019

China said Tuesday that a World Bank decision to scale back a vocational education project was unrelated to allegations of mistreatment of minority Muslim Uighurs in the northwestern Xinjiang region.

Economic Growth In Second Quarter May Lower To 4.2%: SBI

Business | IANS | Tuesday November 12, 2019

State Bank of India (SBI) joins all other global agencies -- the ADB, World Bank, OECD, RBI and the IMF -- in downgrading India's FY20 growth rates.

World Bank Ends Funding To Controversial Uighur Schools In China

World News | Agence France-Presse | Monday November 11, 2019

The World Bank announced Monday it was cutting back a vocational education project in China's Xinjiang province, even though an internal investigation did not back up claims the scheme was linked to the mistreatment of minority Muslim Uighurs.

Delhi Air Pollution: Clean Delhi? Supreme Court Ranks City Below Faridabad

India News | Reported by A Vaidyanathan, Edited by Anindita Sanyal | Wednesday November 6, 2019

Delhi is worse than Faridabad in terms of cleanliness, the Supreme Court said today, and questioned how the World Bank Funds are spent by the administration. The Chief Secretary, Vijay Dev, was vehemently admonished by the top court, which was hearing a petition from the pollution-control body Environment Pollution Control Authority or EPCA.

"India One Of Most Attractive Economies For Investment": PM In Thailand

India News | Edited by Swati Bhasin | Sunday November 3, 2019

In the last five years, India has jumped 79 spots in World Bank's Ease of Doing Business list and it is one of the most attractive economies for investment, Prime Minister Narendra Modi said today as he stressed that "this is the best time" to be in the country.

Reforms, Innovation To Spur Indian Growth: World Bank Chief

India News | Press Trust of India | Saturday October 26, 2019

Attributing slowdown in the Indian economy to the global environment, World Bank President David Malpass on Saturday suggested that further reforms and innovation will help spur growth in the country.

World Bank Rates China, India As 'Most Improved' For Doing Business

Business | Agence France-Presse | Thursday October 24, 2019

China and India made the top 10 list of governments that have done the most in the past year to improve the ease of doing business.