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    • 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.

    • World Bank approves USD 1.5 bn in aid for war-torn Iraq

      The World Bank has announced an additional USD 1.5 billion aid package for Iraq, to help the war-torn country implement reforms, improve public services and boost its economy.

    • Governments pledge $75 b to World Bank's poorest countries fund

      WASHINGTON (Reuters) - The World Bank said on Thursday that 48 governments have ratcheted up the fight against extreme poverty by committing USD75 billion in new funds to the International Development Association, the bank's fund for the poorest countries.

    • World Bank to support Rajasthan on energy reforms

      The decision was taken at a meeting between World Bank's country director in India, Onno Ruhl and Rajasthan Chief Minister Vasundhara Raje at her official residence.

    • India shining in metros; will fund smart cities: World Bank

      World Bank's recent report reveals the government may have under estimated the number of Indians residing in cities - facts that may call for a new approach to urban planning in the country.

    • World Bank to provide Ukraine up to $3 billion this year

      The bank, a Washington-based lender that focuses on ending poverty, already has several projects in Ukraine. About USD 2 billion in the funds will be disbursed this year as part of ongoing projects.

    • Davos bosses tread warily in rocky emerging markets

      Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.

    • Fed in no position to pull plug on QE yet: Blackhorse AMC

      For all its talk of cutting back on the monetary stimulus, the US Federal Reserve may be in no position to end its monthly bond purchases in 2014, feels Richard Duncan of Blackhorse Asset Management Co.

    • Rs 1100 crore World Bank loan for HP

      The World Bank has sanctioned a Rs 1100-crore loan to Himachal Pradesh for inclusive green growth, rural development minister Anil Sharma said today.

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