world bank

April 10, New Delhi: The World Bank has raised India's growth forecast from 6.3% to 6.6% for the current fiscal year, citing strong domestic demand and free trade agreements. In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia.The report also...

Mumbai, April 10 The rupee appreciated by 10 paise to 92.41 against the US dollar in early trading on Friday, even as the USD/INR pair faces risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee is likely to experience high volatility intra-day as...

Washington, April 10 – Highlighting job creation as the core of global development strategy, World Bank President Ajay Banga has pointed to models like India’s cooperative sector as examples of scalable growth solutions.Speaking at the Atlantic Council ahead of the World Bank and International...

Washington, April 10 – Rising geopolitical tensions are beginning to reshape economic expectations, with the World Bank’s president, Ajay Banga, warning that prolonged conflict could dampen growth, fuel inflation, and strain vulnerable economies.Speaking at the Atlantic Council, World Bank...

April 09, New Delhi – The World Bank has revised India's growth forecast from 6.3 percent to 6.6 percent for the current fiscal year, citing strong domestic demand and free trade agreements.In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia...

New Delhi, April 9 The World Bank said on Thursday that India is well-positioned to weather the current global energy shock, with ample buffers, including high foreign exchange reserves, fiscal space, and low inflation, which will support growth despite global headwinds.Addressing a conference...

Washington, April 9 The International Monetary Fund, the World Bank, and the World Food Programme have said that the war in the Middle East has triggered one of the largest disruptions to global energy markets and will inevitably lead to rising food prices and food insecurity.In a joint...

Washington, April 9 – Pakistan is facing mounting debt pressures, weak growth prospects, and persistent structural vulnerabilities, which threaten its economic stability, the World Bank said.The report highlighted that economies with high public debt, limited fiscal space, and heavy external...

Washington, April 9 – The World Bank says that Bangladesh’s economy is expected to experience a gradual recovery after a period of slowdown, supported by improving domestic demand and stabilizing conditions.Growth is projected at 3.9 per cent in the fiscal year 2025-26, reflecting the impact...

New Delhi, April 8 The World Bank on Wednesday slightly raised India's growth projections for the 2026-27 fiscal year to 6.6 per cent, stating that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, the Middle East crisis could...

Kathmandu, April 8 – The World Bank said in a report on Wednesday that Nepal's economic growth is projected to slow significantly in the current fiscal year 2025–26, weighed down by the over-a-month-long US-Iran war and the lingering effects of the Gen Z movement in September last year.Real...

Amaravati, April 8 A World Bank delegation met Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday to discuss investment potential and infrastructure development in Amaravati.Naidu briefed the delegation on the progress of the new capital city and the ongoing infrastructure...

Mumbai, April 7 The Maharashtra cabinet on Tuesday approved the creation of the Department of Electronics, Information Technology, and Artificial Intelligence to achieve the state's development goals under the 'Viksit Bharat 2047' vision.The existing Directorate of Information Technology will...

Amaravati, April 3 Despite alleged conspiracies orchestrated by the opposition YSRCP, Amaravati's status as the capital of Andhra Pradesh has received unanimous support from the country, Chief Minister N Chandrababu Naidu said on Friday.Addressing a press conference, Naidu asserted that after...

Amaravati, April 3 Despite alleged conspiracies orchestrated by the opposition YSRCP, Amaravati's status as the capital of Andhra Pradesh has received unanimous support from the country, Chief Minister N Chandrababu Naidu said on Friday.Addressing a press conference, Naidu asserted that after...

Colombo/Washington, April 3 Sri Lanka and the World Bank Group have launched a new five-year partnership aimed at supporting the island nation's economic recovery and boosting private investment, according to a joint announcement.A new five-year Country Partnership Framework (CPF) has been...

Kathmandu, March 31 India emerged as the largest bilateral donor to Nepal in the fiscal year 2024–25, which ended in mid-July 2025, with the southern neighbor disbursing US$107.8 million, according to a government report.According to the Development Cooperation Report 2024–25 released by the...

New Delhi, March 27 – Union Home Minister Amit Shah and Delhi Lt Governor T.S. Sandhu discussed various issues related to the national capital, including development and security, an official said.During the meeting, Sandhu is believed to have briefed Home Minister Shah on the measures being...

New Delhi, March 26 – Delhi Lt Governor T.S. Sandhu shared information on Thursday about a meeting with experts from the School of Planning & Architecture (SPA) regarding the redevelopment of the city's transit corridors.In a post on X, Sandhu said: "The renowned School of Planning &...

Hyderabad, March 26 Telangana Chief Minister A Revanth Reddy will deliver the keynote address virtually at the first-of-its-kind AI symposium organized by the Harvard Kennedy School on March 27.The Harvard Kennedy School Executive Education at Harvard University is organizing the symposium...