World Bank

World Bank says India can be a developed country by 2047, with reforms

Structural reforms could bring forward India’s high-income status by two years, from 2049 to 2047 — perfectly aligning with the centenary of Independence and the government’s Viksit Bharat target

India has ample buffers to weather headwinds from Middle East conflict: World Bank

The crisis follows the United States and Israel strikes on Iran (February 2026), which triggered retaliation from Iran and disrupted global energy markets

Govt mulls higher incentives for offshore wind

The government has asked the World Bank and KPMG to study increasing the Rs 7,543 crore viability gap funding allocation for offshore wind projects to attract investors and help tap India’s estimated 71 GW offshore wind potential.

World Bank chief Ajay Banga says multilateralism has a role to play in tumultuous times

The World Bank estimates that 1.2 billion people will enter the job market over next decade in emerging economies, competing for the 400 million new jobs expected to be available

From ‘heads bowed in shame’ to showmanship: Was Pakistan’s red carpet welcome for World Bank chief about more than heritage?

Against a backdrop of debt, IMF programmes and reform conditions, the “warm welcome” was less about friendly ties and more about securing future financial inflows.

India to grow 6.5% in FY27; World Bank pegs FY26 growth at 7.2%

Strong domestic demand expected to offset drag from higher US tariffs, says World Bank

IMF raises India’s FY26 growth forecast to 6.6%, cites strong Q1 momentum

Inflation forecast cut to 2.8% as economy shrugs off tariff impact; FY27 growth seen at 6.2%

AI, trade deals can accelerate India's growth, says World Bank economist

Trade pacts will create new markets that could lift growth, World Bank's chief economist for South Asia Franziska Ohnsorge tells Moneycontrol

India well placed to benefit from AI, could spur investment cycle

World Bank’s Franziska Ohnsorge says AI adoption already lifting services exports; trade deals may trigger manufacturing revival

Tariffs threaten global growth, but India a 'bright spot' for world economy: World Bank’s Auguste Kouame

On India, JP Morgan's Chang stated that India is less affected than other emerging market economies (excluding China), because for India, trade’s share in GDP is 40%, but for rest it’s close to 80%.

World Bank flags drop in foreign investment to developing countries

"What we're seeing is a result of public policy," said World Bank chief economist Indermit Gill, noting that investment is falling while public debt is reaching new highs.

World Bank retains India’s growth forecast at 6.3% for FY26

The multilateral institution was more optimistic about the coming year, as it projected the economy to grow 6.5 percent in FY26 and 6.7 percent in FY27 on the back of robust services activity leading to higher exports

India’s extreme poverty rate declined to 4.6% in 2024: SBI Research

The SBI Research note comes days after the World said extreme poverty in India dipped to 5.2 percent in 2022-23 from 27.1 percent nearly a decade ago

Aditya Birla Real Estate subsidiary secures Rs 420 crore funding from World Bank-backed IFC for two projects

The funding will be allotted to the projects, in Pune and Thane, through two special purpose vehicles, Birla Estates said in a release.

World Bank cuts India’s growth forecast to 6.3% for FY26

The World Bank forecast is a tad higher than the International Monetary Fund, which, on Tuesday, projected Indian economy to grow 6.2 percent in FY26, followed by 6.3 percent growth in FY27

India, US can lift global trade and growth together, says FM Sitharaman

The World Bank (WB) and the International Monetary Fund (IMF) have recognized that India can be the engine to pull the world in just about the 'positive zone', said Finance Minister Sitharaman.

India needs to grow at 7.8% to be high-income nation by 2047: World Bank

Realising this ambitious target of Viksit Bharat will require comprehensive and sustained reforms, the World Bank has said, adding fiscal consolidation should be gradual and not aggressive

What are the IMF and World Bank, and what happens if US pulls support?

A founder member, the US holds the largest single share of each institution - just over 16% for IMF and just under that for the World Bank. Ratings agencies have warned US withdrawal could put multilateral lenders' coveted triple-A credit ratings at risk.

World Bank bullish on Indian economy, reaffirms faith in country's potential

Speaking at the Advantage Assam 2.0 Business Summit, World Bank country director Auguste Tano Kouame said the lender remains optimistic about India’s economic prospects, despite a slight downward trend in growth.

Ukraine needs $524 billion to recover, rebuild after three years of war, World Bank says

U.S. President Donald Trump is pushing to end the war through separate talks with Russia and Ukraine, telling reporters during a meeting with French President Emmanuel Macron that a deal could be reached in weeks.

India to grow at 6.7% for next 2 fiscal years: World Bank

Growth in South Asia is expected to rise to 6.2 per cent in 2025-26, with the projected firm growth in India, the World Bank said on Thursday.

Pakistan PM Shehbaz Sharif welcomes World Bank's 10-year funding plan of $20 billion

In a post on the X platform, Shehbaz Sharif said the agreement, called the Country Partnership Framework for Pakistan or CPF "reflects the World Bank's confidence in Pakistan’s economic resilience and potential".

World Bank to approve $20 billion lending package for Pakistan: Report

The programme, titled “Pakistan Country Partnership Framework 2025-35,” aims to improve social indicators in the most neglected but important areas, The Express Tribune newspaper reported, citing official documents.

Trade openness key to improving growth prospects for India and South Asia: Franziska Ohnsorge, World Bank South Asia chief economist

Countries in the South Asian region, especially India, need to take advantage of this low-hanging fruit (trade) to unlock productivity, raise employment and growth and increase female labour force participation