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Sep 04, 2020 08:31 AM IST While India’s improvement in the innovation index is welcome, the controversy over World Bank’s EoDB ranking should make us cautious about such catch-all metrics
Aug 28, 2020 08:46 AM IST The World Bank’s ‘Doing Business’ report ranks countries based on the business and investment climate.
Aug 19, 2020 06:36 PM IST The World Bank had in May projected that the Indian economy will contract by 3.2 percent in FY21 and rebound slowly in the next financial year
Jul 16, 2020 11:33 AM IST The reform of the BIS board will go a long way to make the BIS a truly global institution. It will also act as a benchmark for other global financial institutions.
Jul 10, 2020 01:45 PM IST In a joint statement, IMF Managing Director Kristalina Georgieva and World Bank President David Malpass said they were recommending the annual meetings, set for October 12-18, be held in a "primarily virtual format."
Jul 09, 2020 11:50 AM IST Developing countries and emerging markets face dire economic consequences from the pandemic given inadequate healthcare systems, a lack of resources to offset the impact of widespread lockdowns and, in some cases, a collapse in commodity prices.
Jul 08, 2020 02:20 PM IST Depending on when the expats are asked to leave the country, Kerala’s remittances economy could see a shrinkage of up to $4 billion — about 25 percent of its total inward remittances
Jul 07, 2020 09:55 PM IST According to the release, the Ganga Basin provides over one-third of India's surface water, includes the country's largest irrigated area, and is key to India's water and food security.
Jul 01, 2020 01:05 PM IST During the 2020 fiscal (July 2019-June 2020), World Bank has extended USD 5.13 billion loans to India-- which is the highest in a decade. This includes USD 2.75 billion given in three months in response to the COVID-19 pandemic.
Jun 30, 2020 10:35 PM IST The assistance will help strengthen the management of the river basin which is home to more than 500 million people, the World Bank said in a statement.
Jun 23, 2020 06:41 PM IST PPP of the rupee per dollar at the gross domestic product (GDP) level rose to 20.65 in 2017 from 15.55 in 2011, while the exchange rate of a dollar to a rupee rose to 65.12 from 46.67 during the period.
Jun 10, 2020 04:14 PM IST If the coronavirus re-emerges later in the year, however, the global economy could shrink 7.6 percent, the OECD said.
Jun 09, 2020 02:58 PM IST In this edition of Business Insight, Moneycontrol's Gaurav Choudhury shares his insight on the World Bank report and will India slip into a full-blown recession
Jun 08, 2020 09:52 PM IST The COVID-19 recession is the first since 1870 to be triggered solely by a pandemic, World Bank President David Malpass said in his foreword to the latest edition of the Global Economic Prospect report released on Monday.
Jun 08, 2020 08:46 PM IST The World Bank revised its January projection on India by a massive -9% for 2020 and -3% for 2021.
Jun 04, 2020 06:40 PM IST Topno, a 1996 batch IAS officer of Gujarat cadre, will have three years tenure, it said.
Jun 02, 2020 09:25 PM IST In analytical chapters of its new Global Economic Prospects report, the bank said that the average emerging market country suffering a financial crisis could see potential output fall by 8 percent over a five year period, with lost output for developing oil exporters falling 11 percent.
Jun 02, 2020 09:00 PM IST The scope and speed with which the COVID-19 pandemic and economic shutdowns have devastated the poor around the world are unprecedented in modern times, World Bank Group President David Malpass said.
May 29, 2020 09:07 AM IST The COVID-19 pandemic brings a new perspective to the Sen vs Bhagwati 2014 debate.
May 24, 2020 02:41 PM IST “Political risks are high because COVID-19 response adds uncertainty to the relations among the federating units,” said the World Bank documents.
May 23, 2020 10:53 AM IST Jha's appointment comes at a time when Cyclone Amphan has badly hit West Bengal, Orissa in India and Bangladesh.
May 21, 2020 07:21 AM IST In an interactive session organised by industry body PHD Chamber, Ahmad said the economies of India and some neighbouring countries remain largely informal unlike the developed countries of the US and that in Europe.
May 20, 2020 12:40 PM IST "The pandemic and shutdown of advanced economies could push as many as 60 million people into extreme poverty -- erasing much of the recent progress made in poverty alleviation,” World Bank President David Malpass told reporters during a conference call on Tuesday.
May 19, 2020 09:55 PM IST The programs will reinforce healthcare systems; and also help procure vital life-saving medical equipment and supplies. And these programs contain mechanisms that allow other donors to rapidly expand the program, World Bank President David Malpass added.
May 15, 2020 11:35 AM IST The response to the COVID-19 pandemic around the world has required governments around the world to introduce social distancing and lockdowns in unprecedented ways, said Junaid Ahmad, World Bank Country Director in India in a webinar interaction with the media.
