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Indus Waters Treaty: India questions World Bank's decision to start two separate processes to resolve India-Pakistan differences

IndiaTimes Thursday, 2 February 2023
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 the Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir.
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World Bank World Bank International financial institution

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The World Bank and International Monetary Fund's annual Spring Meetings kick off this week with concerns over high inflation, rising geopolitical tension, and financial stability.

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IMF Says Less , Global Economic Growth , Will Lead to More Poverty. On April 6, the head of the International Monetary Fund (IMF), said that the global economy is on track , to grow just 3% this year. . On April 6, the head of the International Monetary Fund (IMF), said that the global economy is on track , to grow just 3% this year. . ABC reports that the dwindling growth increases the risk of hunger and poverty globally. According to the IMF's Kristalina Georgieva, , growth is expected to linger at 3%, for the next five years. . According to the IMF's Kristalina Georgieva, , growth is expected to linger at 3%, for the next five years. . Poverty and hunger could further increase, a dangerous trend that was started by the COVID crisis, Kristalina Georgieva, managing director of the International Monetary Fund, via ABC. The news comes ahead of meetings between the IMF and the World Bank in Washington next week. . The news comes ahead of meetings between the IMF and the World Bank in Washington next week. . ABC reports that policymakers are expected to discuss the most pressing issues facing the global economy. . ABC reports that policymakers are expected to discuss the most pressing issues facing the global economy. . The meeting comes as central banks continue to raise interest rates around the world amid an ongoing debt crisis among emerging economies. The meeting comes as central banks continue to raise interest rates around the world amid an ongoing debt crisis among emerging economies. According to the IMF, persistently high interest rates are just one of the major hurdles the world's economies face. Another major factor is reportedly the collapse of banks in both the United States and Europe. . Another major factor is reportedly the collapse of banks in both the United States and Europe. . Meanwhile, deepening geopolitical divisions, across the globe present another, major threat to financial stability.

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World Bank cuts India’s GDP growth forecast to 6.3% in FY24, calls economy resilient | Oneindia News [Video]

World Bank cuts India’s GDP growth forecast to 6.3% in FY24, calls economy resilient | Oneindia News

On Tuesday, the World Bank lowered India's FY24 economic growth forecast to 6.3% from its December estimate of 6.6%. The institution cited a deceleration in consumption and challenging external conditions. #WorldBank #IndiaGDP #FY24 ~PR.151~HT.99~ED.101~

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Varanasi-bound IndiGo plane makes emergency landing in Telangana; World Bank cuts India's GDP forecast for 2023-24 by 30 bps; India reports 3,038 new cases of Covid-19 in 24 hours, India responds to China renaming 11 places in Arunachal Pradesh #IndiGoEmergencyLanding #VaranasiIndiGoFlight #IndiGo ~PR.152~ED.102~GR.125~HT.96~

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Pakistan Pakistan Country in South Asia

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Former Pakistan PM and PTI Chief Imran Khan added to no-fly list; Guinea’s suppression of protests stokes anger against military; Germany, world's fourth largest economy, enters Recession; Wagner Group starts withdrawing from Bakhmut #ImranKhan #NoFlyList #PTI #BushraBibi ~HT.99~ED.152~ED.103~

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The Pakistan government is considering banning former PM Imran Khan’s PTI, says defense minister Khawaja Asif. #ImranKhan #PTI #KhawajaAsif ~PR.151~HT.99~

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New Delhi New Delhi Capital city of India

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The inauguration of India's new parliament in New Delhi on Sunday will see nearly zero representation from the opposition, with 20 parties announcing they will be boycotting the ceremony. The opposition parties have denounced plans by Prime Minister Narendra Modi to inaugurate the new parliament, instead of President Draupadi Murmu, to make a political statement ahead of next year's national election. Uttar Pradesh Chief Minister Yogi Adityanath has now criticised the Opposition and has called their decision unfortunate and irresponsible adding that it weakens democracy. #NewParliamentBuilding #NewParliamentInauguration #PMModi #DraupadiMurmu #OppositionParties #YogiAdityanath ~PR.152~HT.98~ED.155~

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After meeting Pacific Island leaders in Papua New Guinea, Prime Minister Narendra Modi is in Australia for a bilateral visit. The PM signalled that New Delhi’s focus is on countering China’s growing assertiveness in the Indo-Pacific region. PM Modi is visiting Australia from May 22-24. Australian Prime Minister Anthony Albanese said that he is honoured to host PM Narendra Modi and underlined that the two countries share a commitment to a stable, secure and prosperous Indo-Pacific. #NarendraModi #Sydney #AnthonyAlbanese ~PR.151~ED.102~GR.125~HT.96~

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A day before the oath taking ceremony Karnataka Chief Minister-designate Siddaramaiah and his deputy DK Shivakumar left for New Delhi. #DKShivakumar #Siddaramaiah #KarnatakaCongress ~PR.150~ED.101~HT.178~

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Islamabad Islamabad Capital city of Pakistan

Additional police depolyed as Imran Khan appears in court [Video]

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Former Pakistan prime minister Imran Khan is to be released on bail for two weeks following a decision from the Islamabad High Court. The bail means that he can’t be re-arrested on those charges for at least next two weeks. Imran Khan was back in the court following his arrest on Tuesday on corruption charges, which had sparked countrywide violence that had left at least 10 people dead and dozens injured. He remained in the court after the decision as his lawyers petitioned judges for similar protection in a number of other corruption charges, trying to close off legal avenues for the government to arrest him again. Pakistan’s Supreme Court had ruled yesterday that the arrest was unlawful and had ordered his immediate release from the custody. It had then asked the Islamabad High Court to reconsider its initial decision to uphold the arrest. #Imrankhanbail #Imrankhan #Pakistancrisis ~PR.153~HT.98~ED.155~

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Imran Khan’s Arrest Was Illegal, , Pakistan’s Supreme Court Rules. The former prime minister was arrested on corruption charges by paramilitary troops at a courthouse in Islamabad on May 9, CNN reports. At the time, PTI spokesperson Fawad Chaudhry described the arrest as an "abduction," saying Khan had been "whisked away by unknown people to an unknown location.". Khan was reportedly detained in a police headquarters guesthouse and brought before a judge in a closed-door hearing on May 10. Khan's lawyers petitioned against the judicial proceedings since they didn't take place at a courthouse. On May 11, Pakistan's Supreme Court ruled that the arrest was unlawful and Khan must be released. Following Khan's detainment, protests have resulted in hundreds of arrests, over 300 injuries and eight deaths, CNN reports. . According to a government official, over 650 protesters have been detained in Khyber Pakhunkhwa. 1,000 supporters were arrested in Punjab. Khan's political party released a pre-recorded message after he was arrested. Khan told his supporters that "the time has come for all of you to come and struggle for your rights."

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