World Bank

Washington: World Bank Group President David Malpass announced that Harvard University professor, Carmen Reinhart has been appointed as its new vice president and chief economist, effective on June 15. "I am very pleased to welcome…

New Delhi: The World Bank on Friday announced USD 1 billion social protection package for India linked to government of India programmes. Junaid Ahmad, World Bank Country Director for India, said that the Word Bank will partner with the…

Washington: The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President David Malpass said on Friday.…

New Delhi: As the global economy goes through an unprecedented tough phase amid the coronavirus crisis, a World Bank report on Sunday said that South Asia may witness its worst economic performance in the last 40 years. The report also…

United Nations: The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the…

United Nations: The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the…

New Delhi : Sounding critical of the World Bank's Ease of Doing Business Index, prominent economist and the Chairman of the Economic Advisory Council to the Prime Minister, Bibek Debroy on Monday said that the index on which India has risen…

Washington: US President Donald Trump has criticized the World Bank for loaning money to China on low-interest rates and urged the institution to stop lending to Beijing. "Why is the World Bank loaning money to China? Can this be possible?…

New Delhi: Trade wars to hit flow of capital, goods and services: Govt. With protectionism taking toll on the growth of the world economy and affecting many countries, Finance Minister Nirmala Sitharaman has said that the ongoing trade…

New Delhi: Anshula Kant, managing director of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank, its president David Malpass announced Friday. As Managing Director and Chief…