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"world-bank"

  • Nepal stuck in asymmetrical economic ties with China

    Nepal faces a widening trade deficit with China, driven by heavy imports and weak exports. World Bank data shows BRI projects favour Chinese firms, deepening structural imbalances and exposing Nepal’s economic vulnerabilities
  • World Bank releases US$ 340 mn for Amaravati development

    World Bank has disbursed US$ 340 million for Amaravati Capital Phase-I, with further funding expected. The project, supported also by Asian Development Bank, aims to build infrastructure and boost jobs in Andhra Pradesh under a results-linked financing model
  • New digital media centre strengthens journalism education at Osmania University

    The Sarwat Hussain Digital Media Centre at Osmania University is equipped with Rs. 20 lakh worth of donated digital production equipment, honouring alumnus Sarwat Hussain and strengthening journalism education.
  • US pulls out from vaccines alliance Gavi, says it has lost public trust

    Gavi is a public-private partnership including WHO, UNICEF, the Gates Foundation, and the World Bank. It has paid for more than 1 billion children to be vaccinated through routine immunisation programmes, saving an estimated 18 million lives
  • Citing Trump’s trade wars, World Bank sharply downgrades its forecast for global economic growth to 2.3 per cent

    World Bank forecast says President Donald Trump's trade wars are expected to slash economic growth this year in the United States and around the world
  • India cannot hold talks on Indus Waters Treaty until terror concerns addressed

    India has suspended the Indus Waters Treaty with Pakistan, demanding action on terrorism and a complete treaty overhaul. Despite Pakistan's repeated outreach, India remains firm. A new study will help India fully use its share of river water
  • 269 million Indians lifted out of extreme poverty over 11 years, says World Bank

    About 75.24 million people were living in extreme poverty in India during 2022–23, a massive drop from 344.47 million in 2011–12
  • Parameswaran Iyer to represent India on IMF Board at key meet on Pakistan loan

    Iyer will represent India on the IMF Board as the slot has fallen vacant following the recall of KV Subramanian as the country’s executive director, six months ahead of his three-year tenure
  • Central Government releases over Rs 4,200 crore to Andhra for Amaravati capital project

    The World Bank and Asian Development Bank (ADB) together committed to fund USD 1600 Million (Rs 13,600 crore), USD 800 Million each, for Amaravati capital city phase-I development, while the Centre will be contributing remaining Rs 1,400 crore, out of the Rs 15,000 crore committed by the Central Government for phase-I of the development
  • Indians working abroad sent home a record $129.4 billion in 2024

    India tops the list of recipient countries for remittances in 2024 and is way ahead of second-placed Mexico with $68 billion
  • World Bank projects India’s growth to be 6.7 pc in next two fiscal years

    The Word Bank’s Global Economic Prospects released on Thursday estimated the current fiscal year’s growth rate at 6.5 per cent, down from the 8.2 per cent in the previous period.
  • World Bank’s $800 million loan to transform Amaravati into India’s next mega city

    "India's urban population is projected to double to 950 million by 2050, driving the need for sustainable and livable cities as centers of growth. Amaravati presents a promising opportunity to showcase this urban transformation," said Auguste Tano Kouame, the World Bank's Country Director for India.
  • AP CM Naidu accuses YSRC regime of mortgaging even govt buildings

    Alleges that the previous government destroyed the power sector which resulted in a whopping Rs 1,29,503 crore loss to the State
  • Andhra government to call fresh tenders soon for Amaravati works

    Municipal Minister says old tenders called for capital will be closed soon and fresh tenders will be called to complete works in three years
  • HUDCO to lend Rs 11,000 crore for Amaravati capital city works

    Of the Rs 26,000 crore needed for constructing Amaravati Phase-1, the World Bank and Asian Development Bank (ADB) came forward to lend Rs 15,000 crore
  • Telangana to have accident free roads soon, says Komatireddy

    Advanced methods like smart road technology, intelligence traffic management, futuristic automated construction and ICT would be used in road construction in the near future to make the roads in the State less accident prone
  • Talks held with World Bank for Telangana financial aid: CM Revanth

    CM Revanth Reddy, who recently returned from a 10-day visit to the US and South Korea, announced that the Telangana government delegation met with the World Bank President during the US visit. “I’m pleased to share that our discussions with the World Bank representatives were positive, focusing on extending financial assistance at low-interest rates for state development,” CM Revanth Reddy said during his Independence Day speech after hoisting the national flag at the historic Golconda Fort.
  • Security beefed up in Jammu as Pakistan delegation visits to discuss Indus Water Treaty

    Treaty was signed between then Prime Minister Jawaharlal Nehru and former Pakistan President Ayub Khan in 1960 with the World Bank as a signatory to the pact
  • Over 10 million Pakistanis may fall below poverty line: World Bank

    The WB report also highlighted that Pakistan is expected to miss its primary budget target as well, which would keep Islamabad in deficit for at least three more years.
  • Opinion: Way to multipolar order

    The emergence of BRICS Plus signifies a movement towards economic freedom from the hegemonic domination of the West
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