IFC, IFC Asia Fund to Invest $76 Mn in Puravankara’s Projects
International Finance Corporation (IFC) and IFC Emerging Asia Fund (EAF) will invest $76 million in four residential projects of real estate firm Puravankara Group, to be...
Tag : World bank
World Bank Approved $12 Bn for Novel Coronavirus Vaccines
On Tuesday, the World Bank said that it has approved $12 billion for developing countries for financing the purchase and distribution of Covid-19 vaccines, tests and treatment....
World Trade Organization Soon to Get First Woman Leader
The World Trade Organization (WTO) is all set to have its first female leader after Ngozi Okonjo-Iweala of Nigeria and Yoo Myung-hee of South Korea made it...
Coronavirus Pandemic to Push 60 Mn to ‘Extreme Poverty’: World Bank
The head of the World Bank warned Tuesday that the coronavirus crisis threatens to push some 60 million people into extreme poverty, wiping out the...
COVID-19: ADB Offers $2.2 Billion Package to India
The Asian Development Bank (ADB) on Friday assured India of $2.2 billion assistance in its fight against the COVID-19 outbreak, after a telephonic conversation between...
Govt to Give Major Boost to MSME Sector: Nitin Gadkari
Union minister Nitin Gadkari on Sunday said the Modi government was all set to give a major boost to the micro, small and medium enterprises...
IMF World Economic Outlook: India Expected To Have Fastest Growth
The International Monetary Fund updated its World Economic Outlook today, which forecasted a global economic slowdown in the year 2019. According to the IMF report,...
India Ranked 77th In The World Bank’s ‘Doing Business’ 2019 Report
India’s ranking on the World Bank’s ‘ease of doing business’ report improved for the second consecutive year, surging 23 places to the 77th position on...
IFC Launches Masala Bonds To Fund Its Investment In India
International Finance Corporation (IFC), the member of the World Bank Group, on said on Friday that it has launched a US$ 1 billion masala bond...
World Bank commits loans of USD 125 mn for STRIVE project
World Bank has given a commitment to provide loan of USD 125 million (approx Rs.800 crore) to India, for the Skills Strengthening for Industrial Value...