World Bank

International financial institution

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World Bank: International financial institution
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the United Nations' Sustainable Development Goals, as well as environmental and social safeguards.

Turkey-Syria quake: Death toll over 50,000; no reports of survivors in recent days | Oneindia News [Video]

Turkey-Syria quake: Death toll over 50,000; no reports of survivors in recent days | Oneindia News

Turkey-Syria earthquake: Death toll climbs above 50,000 in affected regions; World Bank enhances bid to support Ukraine, announces another $2.5 billion aid; Ukrainian President Volodymyr Zelensky says..

Credit: Oneindia     Duration: 02:40Published
World Bank enhances bid to support Ukraine, announces another $2.5 billion aid | Oneindia News [Video]

World Bank enhances bid to support Ukraine, announces another $2.5 billion aid | Oneindia News

On Friday, the World Bank announced $2.5 billion in additional grant financing from the US Agency for International Development (USAID )to support Ukraine's budget and maintain essential services. The..

Credit: Oneindia     Duration: 02:00Published
Ajay Banga nominated as the new chief of World Bank by Joe Biden| Oneindia News [Video]

Ajay Banga nominated as the new chief of World Bank by Joe Biden| Oneindia News

US President Joe Biden nominated ex-CEO of MasterCard Ajay Banga as the next chief of the World Bank. Banga was born in Pune India and completed his studies at Delhi University. #AjayBanga..

Credit: Oneindia     Duration: 01:59Published

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India 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..
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‘India can boost international trade by making borders superfluid': World Bank country director

India 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..
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IMF sees India as 'bright spot' in global economy, says PM Modi; lauds country's strong macroeconomic fundamentals

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Now, govt eyes better Rule of Law Index score

After 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..
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India may soon experience heat waves that break human survivability limit: World Bank report

The country is experiencing high temperatures that arrive sooner and stay longer, according to research by the World Bank.
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Energy efficient cooling pathway in India can open an investment opportunity of $1.6 trillion by 2040, says World Bank

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Made to keep tariffs low, civic bodies not earning enough to meet op costs: Report

Several large and medium civic bodies can't even earn enough from the tariff and charges for municipal services such as water supply and sewage management to meet operations and maintenance (O&M) costs..
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PM Modi hardly worried, indulging in empty slogans: Congress on World Bank report downgrading India's growth forecast

The Congress on Friday attacked the government over a World Bank report that flagged worsening of poverty numbers in India during the Covid pandemic and downgraded its economic growth forecast,..
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Upgrade tracks, don’t go for elevated network on existing routes to run semi-high speed trains: World Bank to railways

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World Bank warns of global recession due to war in Ukraine

world bank warns of global recession due to war in ukraine
The president of the World Bank has warned that the war in Ukraine could spark a global recession.
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Times uncertain, rescue those in debt jam, FM tells World Bank

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India committed to eliminating single-use plastic: PM Modi at One Ocean Summit

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India, world's largest recipient of remittances, received $87 billion in 2021: World Bank

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World Bank president congratulates India on successful Covid-19 vaccination campaign

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Finance minister Nirmala Sitharaman discusses post-pandemic economic recovery, other issues with World Bank chief

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Finance Minister embarks on week-long US visit to attend G-20, World Bank meetings

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Official counts of Covid-19 deaths are underestimated in South Asia: World Bank report

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World Bank, JICA, SBI Capital & HDFC Bank show interest in dedicated freight corridor project on PPP

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World Bank approves 500 million dollar programme to support India’s informal workforce

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India blessed to have a major manufacturer of global vaccines: World Bank President on SII

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65% low, lower-middle income countries slashed education budgets after Covid-19 outbreak: Report

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75% of poor households saw income drop as a result of road accidents, 42% forced to borrow: World Bank report

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Low income families, women affected most due to road crash; World Bank report

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