"world-bank"

BRICS finance ministers and central bank governors called for greater representation of emerging-market and developing economies in the IMF and World Bank while criticising unilateral tariffs. The expanded bloc also backed local currencies and stronger cross-border payment mechanisms

World Bank Executive Director Neelkanth Mishra said India need not worry about repaying FCNR(B) deposits at maturity, as they can be rolled over if global financing conditions remain tight. He described the deposits as relatively cheap capital and called India’s external debt position healthy

The World Bank has approved financing for India's national solar rooftop programme, supporting the PM Surya Ghar: Muft Bijli Yojana. The initiative aims to expand residential solar adoption, create 1.7 million jobs and mobilise billions of dollars in private investment

The World Bank has ranked Telangana among India’s top five upper-middle-income States, placing it third with a per capita income of USD 5,407. BRS working president KT Rama Rao described the recognition as validation of former Chief Minister K Chandrashekhar Rao’s reforms and leadership, crediting initiatives such as TS-iPASS and Rythu Bandhu for the State’s rapid economic transformation.

Telangana has entered the World Bank's upper-middle-income category with a per capita income of ₹4.19 lakh for 2025-26, becoming one of five Indian states to achieve the milestone. Strong economic growth over the past decade has positioned it among India's wealthiest states

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 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

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.

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

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 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

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

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

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

India tops the list of recipient countries for remittances in 2024 and is way ahead of second-placed Mexico with $68 billion

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.

"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.

Alleges that the previous government destroyed the power sector which resulted in a whopping Rs 1,29,503 crore loss to the State

Municipal Minister says old tenders called for capital will be closed soon and fresh tenders will be called to complete works in three years

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