Latest on World Bank — - The Indian Panorama

India received USD 120 billion in remittances in 2023, maximum from US: World Bank report

Jun 28, 2024 - 9:30 am EDT @theindpanorama 0

WASHINGTON, D.C. (TIP): India received USD 120 billion in remittances in 2023, which is almost twice of USD 66 billion received by Mexico during the same period, the World Bank said in a report released […]

Indian-origin CEOs who made headlines in 2023

Dec 29, 2023 - 11:36 am EST @theindpanorama 0

Microsoft CEO Satya Nadella’s much-talked-about coup by hiring OpenAI’s Sam Altman shone the spotlight on how a good leader can make the best out of a difficult situation. The lesson in leadership was admired by […]

Ajay Banga will be a transformative leader, says Biden

May 5, 2023 - 1:10 am EDT @theindpanorama 0

WASHINGTON, D.C. (TIP): Ajay Banga will be a transformational leader, who will bring expertise, experience, and innovation to the position of World Bank president, US President Joe Biden said after the former Mastercard CEO was […]

Economic slow-down in China likely to drag global growth down: World Bank

Mar 31, 2023 - 7:04 am EDT @theindpanorama 0

An anticipated economic slow-down in China is likely to drag global growth down to its lowest level this century, the World Bank said Monday, proposing measures to prevent a “lost decade” of growth. The world’s […]

Coalition of Nobel laureates, economists & academics endorse Ajay Banga for World Bank president

Mar 11, 2023 - 3:59 am EST @theindpanorama 0

WASHINGTON, D.C. (TIP): A coalition of 55 leading academics, economists, including three Nobel laureates, have endorsed the nomination of Indian-American Ajay Banga as the next President of the World Bank, describing him as the right […]

India expected to grow at a slowed down rate of 6.5% in FY22-23: World Bank

Oct 7, 2022 - 12:39 am EDT @theindpanorama 1

WASHINGTON, D.C. (TIP): The numbers were released as part of the World Bank’s twice yearly South Asia Economic Focus, titled, ‘Coping with Shocks: Migration and the Road to Resilience,’ ahead of the World Bank IMF […]

World Bank ready to provide emergency support to Sri Lanka: Report

Apr 23, 2022 - 8:01 am EDT @theindpanorama 0

Colombo/Washington (TIP): The World Bank is ready to provide emergency support to Sri Lanka and protect the vulnerable people amidst the unprecedented economic crisis in the country, a media report on Wednesday quoted a senior […]

WB retains India’s growth forecast at 8.3%

Jan 15, 2022 - 6:22 am EST @theindpanorama 0

New delhi (TIP)- The World Bank has retained India’s economic growth forecast for the current fiscal at 8.3% as the recovery is yet to become broad-based. As per the first advanced estimates of the national […]

World Bank slashes growth forecast to 8.3%

Jun 11, 2021 - 11:44 am EDT @theindpanorama 0

New Delhi (TIP): The World Bank has slashed its FY22 growth forecast for India to 8.3% from the 10.1% pace it estimated in April, as an economic rebound in the early part of this year […]

Plight of farmers in India: How rural incomes have struggled to keep up

Apr 12, 2021 - 6:44 am EDT @theindpanorama 0

Indian farmers have been on the road since November last year, seeking repeal of three new farm laws and demanding minimum support prices for their produce. Leaders from the ruling Bharatiya Janata Party (BJP) say […]

India’s economy on path of gradual recovery: IMF

Mar 26, 2021 - 9:39 am EDT @theindpanorama 0

India‘s economy is on the path of gradual recovery, the International Monetary Fund has said ahead of its next month’s spring meeting with the World Bank. “India’s economy is on the path of gradual recovery, […]

India, World Bank sign $500m pact to improve school education

Jan 31, 2021 - 2:34 am EST @theindpanorama 0

The Indian government and the World Bank on Friday, January 29, signed a $500 million Strengthening Teaching-Learning and Results for States Programme (STARS) to improve the quality and governance of school education in six states […]

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