World Bank

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

World Bank approves USD 188 million loan to Indian state to stimulate growth in backward districts

Investments under the operation will equip districts with the necessary data, funds, and expertise to maximize the value of public money employed for driving growth and job creation.

India is home to 129 million 'extremely poor' people: World Bank 2024 report

The World Bank has, on the other hand, credited China for leading the global extreme poverty reduction with its rapid economic growth which lifted more than 800 million people out of extreme poverty over three decades.

Sri Lankan economy stabilised, says World Bank

The 2024 growth is expected to be 4.4 per cent up from the previous projection of a 2.2 per cent, yet the poverty could increase Sri Lanka declared its first-ever sovereign default in mid-April 2022, the first since gaining independence from Britain in 1948.

India went from 'taking advice' to 'giving advice' to the World Bank: Economist Jagdish Bhagwati

Bhagwati is a University Professor of economics and law at Columbia University and a Senior Fellow in International Economics at the Council on Foreign Relations.

Govt looking to align some indicators of India’s BRAP 2024 index with the World Bank’s B-READY index

Moneycontrol had earlier reported that the government had asked states to address the gaps in the B-READY evaluation to improve their ranking in the global index

World Bank calls upon India to lower tariff barriers to boost exports

The World Bank says that while geopolitics has increased the opportunities for India’s growth, India’s trade policies need to change to be able to seize those opportunities

If India really needs to import from China to reduce costs, it's fair: World Bank Country Director

Auguste Tano Kouame said that agriculture will continue to play a key role in India’s growth. He also batted for lowering tariff and non-tariff barriers