Indian-origin Ex-Mastercard CEO Ajay Banga Confirmed as Next World Bank President
Ajay Banga, an Indian-origin business leader, has been named the next World Bank President. He will take over as President for the next five years...
Tag : World bank
India Jumps 6 Spots to 38th in World Bank Logistics Performance Index
India jumped six places in the World Bank’s Logistics Performance Index (LPI) 2023 to rank 38th out of 139 countries, the government said in a...
India Raises 6 Places in World Bank’s Logistics Performance Index
India is now ranked 38 in the 139 countries in the World Bank’s Logistics Performance Index, up from 44 in 2018, as soft and hard...
World Bank Estimates Cost of Rebuilding Ukraine at $411 Billion Over Next Decade
A World Bank report released on Wednesday put the cost of Ukraine recovering and rebuilding from the Russian invasion at $411 billion over the next...
Va Tech Wabag Wins Rs 800 Crore Project, Shares Soar
Shares of Va Tech Wabag rose nearly 5% in morning trade on March 17 after the company said it had received an order of Rs...
IREDA to Open Office in GIFT City, Gujarat, to Fund Renewable Energy Projects
On Friday, the state-run Indian Renewable Energy Development Agency (IREDA) said it plans to open an office in Gujarat’s GIFT city to finance renewable energy...
World Bank Slashes India’s Economic Growth Forecast to 6.5% for FY23
On Thursday, the World Bank slashed its economic growth of India by a per cent to 6.5 per cent for the financial year 2022-23. For...
Punjab Gets $150 Million Loan From World Bank
To improve the public service in Punjab, the World Bank has granted a loan of $150 million for financial resources and to ensure accessible public...
Global Recession Has Emerged Amid 5 Years of Massive Rate Hikes, World Bank Says
The World Bank said in a new report that the global economy could face a recession next year due to a wave of aggressive tightening,...
World Bank Notices Growing Risk of Global Recession in 2023
On Thursday, the World Bank said that the world is likely to witness a global recession as central banks across the globe simultaneously hike interest...
