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Hyderabad: At a time when the rupee’s value is sinking alarmingly, the Union Finance Minister made comments that gave way to a meme fest online. She said, “I look at it not as rupee sliding but dollar strengthening Nirmala Sitharaman made the statement at the 2022 Annual Meetings of the International Monetary Fund (IMF) and […]

Hyderabad: The World Bank Group has announced 20-month debarment of Ramky Enviro Engineers Ltd (REEL), a city-based waste management and environmental services company, in connection with a “fraudulent practice” as part of Capacity Building for Industrial Pollution Management Project in India. The World Bank in a statement said the debarment makes REEL and its Managing […]

The IFC also plans another $15 million as a co-investment envelope to invest alongside the Fund.

The assessment by Invest India in collaboration with the World Bank Group was meant to measure the preparedness of Indian investment promotion agencies to attract and facilitate investment projects.

IFC, a member of the World Bank Group, is providing a senior loan of up to $30 million to BioE to support the Hyderabad-based company's expansion of its range of low-priced, generic vaccines for routine immunisation of children, it added.

Although children make up around a third of the global population, around half of the extreme poor are children.