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Indus Water Treaty: World Bank asks India, Pak to agree to mediation

The World Bank on Friday asked India and Pakistan to "agree to mediation" in order to settle on a mechanism for how the Indus Waters Treaty should be used to resolve issues regarding two dams under......

World Bank approves $1bn COVID-19 aid for India

In South Asia, the World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka.  IMAGE: Railway police......

World Bank selects Jim Yong Kim as its next President

United States nominee Jim Yong Kim was on Monday chosen as the next president of the World Bank, an appointment that continues the longstanding tradition of an American leading the Washington-based......

World Bank 'commits' to fulfil obligations under Indus Waters Treaty

Pakistan on Wednesday claimed the World Bank has 'committed' itself to 'timely fulfilling its obligations' under the Indus Water Treaty while remaining neutral as Islamabad approached the......

MNREGA world's largest public works programme: World Bank

India's rural employment guarantee programme Mahatma Gandhi National Rural Employment Gurantee Act has been ranked as the world's largest public works programme, providing social security net......

India is the world's third largest economy: World Bank

In a matter of six years, India emerged as the world's third-largest economy in 2011 from being the 10th largest in 2005, moving ahead of Japan, while the US remained the largest economy......

World Bank cuts India's growth forecast to 6.3% in 2023

Growth in India is expected to slow to 6.3 per cent in FY 2023/24 (April-March), a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected......

World Bank stops all projects in Russia, Belarus with 'immediate effect'

The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the......

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working......

Remittances to India likely to see 23% drop: World Bank

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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