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world bank group news

World bank employee grieves colleague’s loss, shares heartfelt reminder for all

A World Bank employee shared an emotional post mourning the death of a colleague.
Published on Feb 03, 2025 07:38 am IST

‘Dangerous juncture’: Ajay Banga warns of Israel-Gaza war's economic fallout

World Bank President Ajay Banga
Published on Oct 24, 2023 03:04 pm IST

Multilateral banks are in ferment. Transform them

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World Bank headquarters.
Published on Sept 02, 2023 09:06 pm IST

Indian-origin Ajay Banga confirmed as next World Bank president | 5 points

Ajay Banga, US nominee for leader of the World Bank. (Reuters File Photo)
Updated on May 03, 2023 11:04 pm IST

Daily brief: India questions World Bank on Indus Waters Treaty stand

Ministry of External Affairs (MEA) spokesperson Arindam Bagchi.
Published on Feb 02, 2023 08:54 pm IST

World could face recession next year: World Bank report

World Bank president David Malpass said global growth is slowing sharply. (AFP)
Updated on Sept 16, 2022 03:25 pm IST

World Bank slashes India's GDP forecast to 8% from 8.7% in fiscal year 2022-23

In India, household consumption will be constrained by the incomplete recovery of the labour market from the pandemic and inflationary pressures, the World Bank said.
Updated on Apr 13, 2022 06:05 pm IST

World Bank approves $723 million in loans, grants for strife-torn Ukraine

The bank said it was continuing to work on another $3 billion package of support for Ukraine in coming months.
Published on Mar 08, 2022 06:38 am IST

India, World Bank ink agreement to improve learning for over 50 lakh AP students

India, World Bank ink agreement to improve learning for over 50 lakh AP students
Published on Nov 23, 2021 02:04 pm IST

World Bank to discontinue ‘Doing Business’ reports after irregularities found

In August 2020, World Bank paused the publication of Doing Business reports following a number of irregularities.
Published on Sept 16, 2021 09:10 pm IST

'Deeply concerned': World Bank freezes aid to Afghanistan after Taliban takeover

World Bank held off on making a statement until it had pulled all of its personnel out of the country, according to a bank source.
Updated on Aug 25, 2021 08:32 am IST

Path to a just transition to lower CO2 emissions

Continuing this trend of lower CO2 emissions, however, will also have socio-economic consequences, such as workers in fossil-fuel based power plants or in coal mines falling out of the workforce.
Published on Feb 09, 2021 03:14 am IST

Covid-19 likely to push 150 million people in extreme poverty by 2021, says World Bank

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo
Updated on Oct 07, 2020 12:15 pm IST

Human Capital Index 2020: India ranks 116 in World Bank’s latest annual report

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 (REUTERS/Johannes P. Christo)
Updated on Sept 17, 2020 01:42 pm IST

Rishi Sunak, Nirmala Sitharaman lead G20 plan to tackle Covid-19 pandemic

In total, the UK has so far contributed £744 million in aid to the fight against coronavirus to help slow down the spread of the disease around the world and help manage the global economic damage.
Updated on Apr 16, 2020 11:03 pm IST

Anshula Kant appointed managing director and chief financial officer of World Bank

Anshula Kant, managing director of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank
Updated on Jul 13, 2019 11:45 am IST

Ivanka Trump to help select candidate to lead World Bank: White House official

Ivanka Trump will help manage the Trump administration’s selection of a US candidate for the position of World Bank Group president, a White House official said on Monday.
Updated on Jan 15, 2019 07:45 am IST

Watching Air India stake sale process ‘closely’, may get involved at later stage: IFC

An Air India aircraft takes off from the Sardar Vallabhbhai Patel International Airport in Ahmedabad.
Updated on Apr 15, 2018 05:45 pm IST

No time for school: Why lakhs of children are missing the bus

The solution to India’s sanitation crisis lies in following the simple hygiene practices
Updated on Jan 29, 2021 09:07 pm IST