World Bank
International financial institution
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The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development.
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![BRICS Summit 2025: India Leads Global South In Slamming Trump’s Tariffs, Demanding Fair World Order [Video]](https://video.newsserve.net/300/v/20250706/1415686710-BRICS-Summit-2025-India-Leads-Global-South-In.jpg) BRICS Summit 2025: India Leads Global South In Slamming Trump’s Tariffs, Demanding Fair World Order Credit: Oneindia Duration: 03:37Published | |
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India beats US, China to achieve remarkable success in income equality, ranks 4th globally, World Bank report claims...The country's strong performance in reducing poverty has played a central role in achieving greater equality.DNA - Published | |
India ranks 4th globally in income equality, shows World Bank dataWorld Bank data reveals India ranks fourth globally in income equality, boasting a Gini Index of 25.5 in 2022. This places India ahead of China, the United States, and many G7 and G20 nations. The..IndiaTimes - Published | |
Bad news for bankrupt Pakistan, after suspending Indus Waters Treaty, Modi govt takes this big step, asks World Bank to...India has made it clear that the treaty will not be revived. Union Home Minister Amit Shah had earlier stated that India's decision to stop following the treaty is final.DNA - Published | |
'11 years and no press conference': Congress slams PM Modi; claims 'his term coming to an end'Congress leader Pawan Khera has strongly criticized Prime Minister Narendra Modi, suggesting his tenure is nearing its end and highlighting perceived failures in governance and international relations...IndiaTimes - Published | |
Govt: Refined consumption data helped defy the oddsIndia's revised consumption data, incorporating improved survey methods and capturing more actual spending, significantly impacted the World Bank's global poverty benchmark. This led to a more..IndiaTimes - Published | |
Despite West Bengal raising threshold, India achieves big dip in extreme povertyRecent World Bank data reveals a significant decline in India's extreme poverty rate, dropping from 27.1% in 2011-12 to 5.3% in 2022-23, lifting nearly 270 million people out of extreme poverty. This..IndiaTimes - Published | |
'Criminal betrayal of our soldiers': Cong slams Modi govt over 'failing' to isolate PakThe Congress party claims Modi government did not isolate Pakistan after the Pahalgam attack. They allege China is arming Pakistan with jets and missiles. International organizations like the World..IndiaTimes - Published | |
India sees sharp fall in extreme poverty in 11 years, number dips to..., world bank says...India has made key strides in the last decade in reducing its extreme poverty rate, which fell to 5.3 per cent in 2022-23 from 27.1 per cent in 2011-12, latest World Bank data has revealed.DNA - Published | |
Pahalgam attack fallout: India plans drive to starve Pakistan of funds from global agenciesIndia is escalating its efforts against Pakistan, urging international bodies like the IMF to re-evaluate financial aid due to alleged support for terrorism. New Delhi seeks a review of IMF loans,..IndiaTimes - Published | |
India to ask global agencies including IMF, World Bank to review loans, grants to Pakistan: ReportFollowing the recent terror attack in Jammu and Kashmir, India is preparing to urge international financial institutions like the IMF and World Bank to reassess their financial aid to Pakistan. This..IndiaTimes - Published | |
Compelling need for ending tax reforms in GST, says Congress' Jairam RameshCongress criticized the government, alleging that economic growth has exacerbated inequality. Despite World Bank data showing a significant reduction in extreme poverty in India, Congress highlighted..IndiaTimes - Published | |
Meet new RBI Deputy Governor Poonam Gupta's husband, well-known economist, worked at World Bank, is CEO of...Poonam Gupta has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). She replaces MD Patra, who left office in JanuaryDNA - Published | |
World Bank approves $800 million loan for Amaravati constructionThe World Bank approved an $800 million loan to develop Amaravati, Andhra Pradesh's new capital city. The funding will support infrastructure development and establish Amaravati as a well-managed,..IndiaTimes - Published | India may take 75 years to reach a quarter of United States' per capita income: World BankA World Bank report reveals that over 100 countries, including India, face significant challenges in achieving high-income status.DNA - Published |
Indus Water Treaty team inspects dams in JammuA delegation under the Indus Water Treaty inspected two upcoming hydel power projects in Jammu’s Kishtwar. The delegation included international experts and neutral members from various countries...IndiaTimes - Published | World Bank, Pakistan teams to visit Jammu and Kashmir projectsAlong with a Pakistan delegation expected early next week, India will also host a team of World Bank experts for talks on the hydroelectric power projects in J&K that Islamabad has objected to. The..IndiaTimes - Published |
World Bank: India to maintain fastest-growing economy status, expected to achieve 6.7% GDP growth in..The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.DNA - Published | MHA seeks WB report on ED team attacksIndiaTimes - Published |
Who is Arvind Panagariya, ex-NITI Aayog VC, appointed chairman of 16th Finance Commission?Panagariya has worked in various capacities with the World Bank, IMF, and the United Nations Conference on Trade and Development.DNA - Published | Transition away from coal not happening in the near future: GovtIndia's transition away from coal is not expected to happen soon, says the coal and mines minister. The country will continue to rely on coal to ensure affordable energy availability, despite pushing..IndiaTimes - Published |
World Bank launches comprehensive programme to combat air pollution crisis in IndiaThe World Bank has launched a multi-faceted program to curb the impact of ambient PM2.5 pollution in India. The program includes airshed management tools, State-wide Air Quality Action Plans, and a..IndiaTimes - Published | World Bank to host new climate fund that’ll support affected countriesThe World Bank has been chosen to host a new fund for loss and damage (L&D) caused by climate change. The fund, which will support developing countries impacted by climate change, will be based on..IndiaTimes - Published |
'India's G20 presidency set path for world': World Bank President Ajay BangaWorld Bank President Ajay Banga emphasised that challenges will always exist but India has shown the way by working out a consensus.DNA - Published | US President Biden rallies G20 nations to boost World Bank support for low- and middle-income countriesUS President Joe Biden has urged G20 nations to increase funding to the World Bank in order to support low- and middle-income countries. The initiative aims to provide a one-time boost to the..IndiaTimes - Published |
President of summit, on its eve, looks forward to its initiatives materialisingWith just over 24 hours left for the G20 leaders to start their deliberations on a whole range of geo-political issues, India as the president of the summit of the powerful grouping is expectedly..IndiaTimes - Published | Now, Manipur diaspora groups fight over World Bank projectIndiaTimes - Published |
World Bank President Ajay Banga to travel to India next week to attend G20 meetingIndiaTimes - Published | London to host Ukraine recovery conference, with Zelenskyy expected to address delegates The UK will open a recovery conference for Ukraine with a pledge to unlock $3bn (£2.4bn) worth of World Bank loans to help the rebuilding, even as Russia's war rages on.Sky News - Published |
Kerala CM Pinarayi Vijayan flies to Cuba, via USIn an ironic political twist at a time much attention and hoopla is centered on Prime Minister Narendra Modi's state visit to Washington later this month, Kerala's chief minister Pinarayi Vijayan is..IndiaTimes - Published | MHA suspends FCRA licence of CARE India over violationsThe NGO is part of CARE International Confederation and has been working in India for the past 70 years with declared objectives like ending poverty and social exclusion. CARE India, which works with..IndiaTimes - Published |
World Bank President Malpass praises India for empowering womenIndiaTimes - Published | Only one boasting about India's economic growth is the government: P ChidambaramCongress veteran and former finance minister P Chidambaram, citing World Bank's latest GDP estimate for India, attacked the government and said it is only the Centre who is 'boasting' about the..IndiaTimes - Published |
Ajay Banga poised to become World Bank chief unopposedAjay Banga, an Indian-American businessman, is most likely to become the next President of the World Bank as the deadline for nominations expired with no alternative proposals. Banga, who served as the..IndiaTimes - Published | $108 million World Bank loan for AssamIndiaTimes - Published |
World Bank president nominee Ajay Banga tests positive for Covid-19 in DelhiIndiaTimes - Published | Odisha, WB chief ministers call to safeguard country’s federal structureOdisha and West Bengal chief ministers, Naveen Patnaik and Mamata Banerjee, gave a call to protect the country’s federal structure during a meeting between them at the former’s residence in..IndiaTimes - Published |
Nominee for World Bank president Ajay Banga on Delhi visitIndiaTimes - Published | World Bank can’t interpret Indus Waters Treaty: MEAIndiaTimes - Published |
Indus Waters Treaty: India questions World Bank's decision to start two separate processes to resolve India-Pakistan differencesIndia on Thursday questioned the World Bank's decision to appoint a Court of Arbitration and a neutral expert under two separate processes to resolve differences between New Delhi and Islamabad over..IndiaTimes - Published | ‘India can boost international trade by making borders superfluid': World Bank country directorIndia can increase inter-regional trade with its neighbouring countries threefold by making international borders superfluid for the seamless movement of logistics, goods and tourists, World Bank’s..IndiaTimes - Published |
IMF sees India as 'bright spot' in global economy, says PM Modi; lauds country's strong macroeconomic fundamentalsrime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal..IndiaTimes - Published | Now, govt eyes better Rule of Law Index scoreAfter the World Bank's 'Ease of Doing Business' rankings, the government has turned its attention to scoring better in the Rule of Law Index (ROLI) where India has been ranked 77th out of 140 countries..IndiaTimes - Published |
