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  • UP's resilient agriculture model global example for small farmers: World Bank chief Ajay Banga

    The World Bank chief highlighted the use of heat-tolerant seeds, soil-matched fertilisers, regenerative practices, efficient irrigation, and robust insurance and financing systems

  • Nadella to Jejurikar: This 102-yr-old Hyderabad school is a factory of top global CEOs

    Nadella to Jejurikar: This 102-yr-old Hyderabad school is a factory of top global CEOs

    Shailesh Jejurikar on July 29 was named as the global CEO of FMCG major P&G, effective from January 1

  • World Bank's Ajay Banga says trade deals could ease global uncertainty

    World Bank's Ajay Banga says trade deals could ease global uncertainty

    World Bank's Ajay Banga said the global trade environment is currently volatile and uncertain, but upcoming trade deals between nations could ease this uncertainty and quickly lift the business sentiment.

  • 'If you delay, it hurts everyone': World Bank's Ajay Banga to developing countries on trade deal with US

    'If you delay, it hurts everyone': World Bank's Ajay Banga to developing countries on trade deal with US

    Banga spoke during the World Bank and International Monetary Fund's Spring Meetings, which this year took place amid uncertainty surrounding President Donald Trump's inconsistent tariff policies.

  • 'India's growth rate is among the shiniest parts in the world economy': Ajay Banga

    'India's growth rate is among the shiniest parts in the world economy': Ajay Banga

    We are actively engaged with them on a number of topics to do with these, and I think we will see more results of those coming out in the coming months in terms of projects, Banga said in response to a question.

  • School closures caused extreme learning losses, need to be prepared for next pandemic, says World Bank president Ajay Banga

    School closures caused extreme learning losses, need to be prepared for next pandemic, says World Bank president Ajay Banga

    The World Bank had previously noted the prolonged closure of schools due to the COVID-19 pandemic in India may cause a loss of over $400 billion in the country's future earnings, besides substantial learning losses.

  • Domestic consumption provide natural cushion to India against global slowdown, says Banga

    Domestic consumption provide natural cushion to India against global slowdown, says Banga

    Union Finance Minister Nirmala Sitharaman, Banga said he discussed issues related to G20 and cooperation between the World Bank and India.

  • G20: World Bank’s Ajay Banga more optimistic about India now than in a long time

    G20: World Bank’s Ajay Banga more optimistic about India now than in a long time

    According to Banga, while the global economy has performed better than expected, it didn't mean it wouldn't face more challenges in the coming year.

  • G20: World Bank must amend vision to look beyond poverty, says President Ajay Banga

    G20: World Bank must amend vision to look beyond poverty, says President Ajay Banga

    Banga, who was recently named the President of the World Bank, also said project financing designs could not be re-done at every opportunity and the focus had to move to scaling up ideas that have worked

  • US lawmakers urge World Bank to increase investment in climate projects

    US lawmakers urge World Bank to increase investment in climate projects

    The lawmakers urged Banga to leverage the new Country Climate and Development Reports to guide lending decisions and prioritise mitigation and adaptation actions while integrating climate change, resilience and development priorities.

  • World Bank President Ajay Banga meets VP Kamala Harris

    World Bank President Ajay Banga meets VP Kamala Harris

    During the meeting, the vice president underscored the Biden-Harris Administration's strong support for World Bank efforts to make investments and spur policy reforms that reduce poverty and advance achievement of the Sustainable Development Goals, the White House said.

  • Indian American Ajay Banga takes over as World Bank President

    Indian American Ajay Banga takes over as World Bank President

    On May 3, the Executive Directors of the World Bank selected Banga, 63, as the 14th President of the World Bank for a five-year term.

  • Indian-origin Ajay Banga confirmed as next world bank president | 10 facts about the world bank chief

    Indian-origin Ajay Banga confirmed as next world bank president | 10 facts about the world bank chief

    A 25-member executive board of the World Bank appointed Ajay Banga, former CEO of MasterCard, as the president for a period of five years starting from June 2. As an Indian-born finance and development specialist, Banga has been tasked with revitalising the organisation to confront challenges such as climate change and other worldwide crises. Watch the video to know 10 facts about the first Indian-origin president of the World Bank.

  • In Pics: All you need to know about Ajay Banga, the next World Bank president

    In Pics: All you need to know about Ajay Banga, the next World Bank president

    Banga, the first World Bank president from South Asia, takes over on June 2 from outgoing president David Malpass, who is stepping down early from a presidency clouded by questions over his climate stance.

  • Anand Mahindra on meeting Ajay Banga, the Indian-origin president of World Bank

    Anand Mahindra on meeting Ajay Banga, the Indian-origin president of World Bank

    Mahindra Group chairman Anand Mahindra was among those who extended their congratulations to Ajay Banga, the next president of World Bank.

  • Nirmala Sitharaman confident Ajay Banga will use corporate experience in pursuing World Bank goals

    Nirmala Sitharaman confident Ajay Banga will use corporate experience in pursuing World Bank goals

    Ajay Banga, 63, will take over as the President of the World Bank on June 2. He will succeed President David Malpass.

  • Ajay Banga will be a transformative leader, says Joe Biden

    Ajay Banga will be a transformative leader, says Joe Biden

    Ajay Banga on Wednesday became the first-ever Indian-American to head the bank.

  • World Bank appoints Indian-origin Ajay Banga as president

    World Bank appoints Indian-origin Ajay Banga as president

    As an Indian-born finance and development specialist, Banga has been tasked with revitalizing the organization to confront challenges such as climate change and other worldwide crises.

  • US World Bank nominee Ajay Banga set for vote on May 3 after 4-hour interview

    US World Bank nominee Ajay Banga set for vote on May 3 after 4-hour interview

    Ajay Banga, 63, the sole contender to replace departing president David Malpass, is expected to win the consensus-based vote handily after a three-week charm offensive that saw him meet with government officials, business executives and civil society groups around the world, the sources said.

  • Ajay Banga poised to become World Bank chief unopposed

    Ajay Banga poised to become World Bank chief unopposed

    Washington, Mar 30 Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period close..

  • World Bank presidential nominee Ajay Banga visits Tokyo

    World Bank presidential nominee Ajay Banga visits Tokyo

    While in Japan, Banga met virtually with South Korea's Deputy Prime Minister and Finance Minister Choo Kyung-Ho.

  • US pick for World Bank, Ajay Banga, to meet with PM Modi in native India

    US pick for World Bank, Ajay Banga, to meet with PM Modi in native India

    The Treasury said Banga will visit New Delhi on March 23 and 24, where his likeness has already been posted on billboards. He will meet with Prime Minister Narendra Modi as well as the minister of finance, Nirmala Sitharaman, and the minister of external affairs, Subrahmanyam Jaishankar.

  • China's backing for Ajay Banga to head World Bank doubtful

    China's backing for Ajay Banga to head World Bank doubtful

    Reports from Washington said 63-year-old Banga, who is nominated by US President Joe Biden to head the Bank, is due to visit China to meet officials of the People's Bank of China to seek Beijing's support for his candidature.

  • 'Trillions of dollars' needed to fight global poverty, says World Bank nominee Ajay Banga

    'Trillions of dollars' needed to fight global poverty, says World Bank nominee Ajay Banga

    In order to address these issues, "trillions of dollars a year," will be required, Ajay Banga said, adding that these investments should be "larger than what multilateral banks have, larger than what even the most generous governments, including the Japanese government, have. We have to involve the private sector."

  • World Bank nominee Ajay Banga is a ‘big believer’ in climate science

    World Bank nominee Ajay Banga is a ‘big believer’ in climate science

    “There’s enough scientific evidence that I’m a big believer in,” Ajay Banga said in a group interview Thursday at the US Treasury Department, adding that poverty alleviation and environmental issues are “intertwined.”

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