world bank

World Bank to extend $750 mn support to small businesses; lauds Modi govt's economic package for MSMEs

World Bank to extend $750 mn support to small businesses; lauds Modi govt's economic package for MSMEs

The World Bank on Wednesday said it will provide $750 million budget support to 15 crore MSMEs in the country to increase liquidity acce...Read More

Global economy to plunge into worst recession since WW-II: World Bank

Global economy to plunge into worst recession since WW-II: World Bank

The COVID-19 recession is the first since 1870 to be triggered solely by a pandemic, World Bank President David Malpass said in his forew...Read More

Indian economy to shrink by 3.2% in FY21 amid coronavirus outbreak: World Bank downgrades projection by negative 9%

Indian economy to shrink by 3.2% in FY21 amid coronavirus outbreak: World Bank downgrades projection by negative 9%

India's economy will shrink by 3.2 per cent in the current fiscal, the World Bank said on Monday as it joined a chorus of international a...Read More

World Bank offers Rs 7500 crore social protection package for India linked to Government of India programmes

World Bank offers Rs 7500 crore social protection package for India linked to Government of India programmes

The World Bank on Friday approved USD 1 billion (Rs 7,500 crore) social protection package for India linked to Central government's progr...Read More

World Bank says remittances to India likely to decline by 23% due to COVID-19

World Bank says remittances to India likely to decline by 23% due to COVID-19

As a result of the deadly coronavirus pandemic, which has resulted in a global recession, remittances to India are likely to drop by 23 p...Read More

Coronavirus proof that we cannot wait for another catastrophe; multilateralism is the need of the hour

Coronavirus proof that we cannot wait for another catastrophe; multilateralism is the need of the hour

Internet straw polls on the post-coronavirus world confirm what is generally accepted, that there's no going back to business-as-usual. A...Read More

Divided SAARC come together to tackle coronavirus pandemic

Divided SAARC come together to tackle coronavirus pandemic

Throughout South Asia, the countries have responded proactively to the daunting challenge with India taking the lead by pledging USD 10 m...Read More

Iran applies for $50mn loan from World Bank to fight against COVID-19 pandemic

Iran applies for $50mn loan from World Bank to fight against COVID-19 pandemic

"The groundwork has been prepared and the loan request is being processed in coordination with relevant bodies, such as (Iran's) central ...Read More

IMF, World Bank urge countries to keep trade open amidst virus pandemic

IMF, World Bank urge countries to keep trade open amidst virus pandemic

The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the...Read More

IMF, World Bank urge countries to keep trade open amid COVID-19 pandemic

IMF, World Bank urge countries to keep trade open amid COVID-19 pandemic

IMF Chief Economist Gita Gopinath said that this is not a time to restrict the trade of medical supplies and essential equipment around t...Read More

Coronavirus: World Bank praises India's Aarogya Setu app for contact tracing

Coronavirus: World Bank praises India's Aarogya Setu app for contact tracing

The Aarogya Setu app developed and launched by the Government of India for tracing of COVID-19 patients, has been hailed by the World Ban...Read More

Teji Mandi: Doubts vindicated, stock market falters at first resistance

Teji Mandi: Doubts vindicated, stock market falters at first resistance

Market movement today was largely on expected lines as Nifty ended below the level of 9,000. Several doubts were raised over the sustaina...Read More

Recession is staring us in the face

Recession is staring us in the face

The dreaded word, Recession, is now upon us. As more COVID-19 cases test positive, India’s lockdown status is set to get more stringent. ...Read More

Covid-19: World Bank approves $1-bln aid to India

Covid-19: World Bank approves $1-bln aid to India

In its largest healthcare support to India, the World Bank has approved an aid of $1 bln for the country to tackle the COVID-19 pandemic.

Latest coronavirus news: World Bank approves USD 1 billion emergency funds for India to fight COVID-19

Latest coronavirus news: World Bank approves USD 1 billion emergency funds for India to fight COVID-19

The World Bank's first set of aid projects, amounting to $1.9 billion, will assist 25 countries, and new operations are moving forward in...Read More

World Bank approves USD 1 billion emergency financing for India to tackle coronavirus outbreak

World Bank approves USD 1 billion emergency financing for India to tackle coronavirus outbreak

Washington: The World Bank on Thursday approved USD 1-billion emergency financing for India to tackle the coronavirus outbreak, which has...Read More

World Bank to pay for improving 50 accident-prone spots of Indore

World Bank to pay for improving 50 accident-prone spots of Indore

Chhindwara and Dhar too selected from MP.

India’s growth projected to 'decelerate' to 5%: World Bank

India’s growth projected to 'decelerate' to 5%: World Bank

Washington: India's growth rate is projected to decelerate to five% in 2019-20 amid enduring financial sector issues, according to a Worl...Read More

Growth in India is projected to 'decelerate' to five per cent in 2019-2020: World Bank

Growth in India is projected to 'decelerate' to five per cent in 2019-2020: World Bank

The growth rate for Bangladesh has been projected to remain above seven per cent through the forecast horizon and, in Pakistan

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