World Bank

World Bank cuts back project in China's restive Xinjiang

November 12, 2019 6:16 pm

A statement from the bank dated Monday said it would close a component of the project to support vocational colleges involving partner schools that were the subject of the abuse claims.

Gujarat-based firm to run intelligent transport system in Chandigarh

October 30, 2019 6:14 am

Offers the lowest bid; World Bank approves; among those that applied was a Japanese company as well.

Year on, World Bank-funded scheme to save groundwater yet to take off

October 28, 2019 7:36 am

According to sources in the Jal Shakti Ministry, after the World Bank board’s approval last year, the then Ministry of Water Resources, River Development and Ganga Rejuvenation circulated a Cabinet note.

India needs more reforms to be competitive, World Bank head says

October 26, 2019 8:47 pm

India jumped 14 places to 63rd in the World Bank’s annual rankings for ease of doing business released Thursday, helped by a new insolvency law.

Ease of Doing Business: India rises 14 places to 63rd; FM says will aim for top 50 by next year

October 25, 2019 1:02 am

India is also among the top 10 improvers for the third year in a row. Pakistan, which improved its rank by 28 spaces to place 108 on the index, is also among the top 10 improvers. “Given the size of India’s economy, these reform efforts are particularly commendable,” the report said.

Explained: What helped India go to 63rd spot in ease of doing business?

October 24, 2019 10:01 am

India, along with other top improvers, implemented a total of 59 regulatory reforms in 2018-19, accounting for a fifth of all reforms recorded worldwide, stated the World Bank in a release.

India jumps 14 spots to 63 on World Bank's ease of doing business ranking

October 24, 2019 8:12 am

India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took office in 2014. Four years of reform pushed up India's rank to 100th in World Bank's 'Doing Business' 2018 report.

'GST, demonetisation may have heightened risks for poorest': World Bank cuts growth projection to 6%

October 13, 2019 10:46 am

While India has been relatively hit hard by the recent global slowdown, World Bank's Chief Economist for South Asia Hans Timmer told PTI that it's still a "fast-growing economy."

World Bank to investigate if China loan funded Muslim detention camps

August 31, 2019 8:59 pm

The review comes amid growing global concern that China has detained 1 million or more Muslim Uighurs and placed them in “reeducation” camps where they are forced to renounce their religious beliefs and embrace the ideology of the Communist Party.

World Bank study on PMGSY: ‘Rural roads scheme triggered shift from farm to non-farm employment’

July 22, 2019 7:55 am

PMGSY was rolled out in 2000 to provide access to all-weather roads in 1.78 lakh rural habitations across the country.

Will Ex-PepsiCo chief Indra Nooyi be the World Bank's next CEO?

January 16, 2019 3:40 pm

Ex-PepsiCo CEO Indra Nooyi is reportedly among the frontrunners for the post of World Bank CEO. US President Donald Trump is considering multiple candidates to nominate for the post and Nooyi's name is reportedly being considered.

World Bank to aid Rajasthan's energy sector

February 22, 2016 2:47 pm

Jaipur, Feb 22 (ANI): The World Bank would be extending its cooperation to the Rajasthan government in the area of energy sector. World Bank Country Director Onno Ruhl spoke to Rajasthan Chief Minister Vasundhara Raje and her cabinet ministers to discuss these issues in detail. Ruhl congratulated Raje on the success of decreasing the rate of defecation in the open. He also stressed on the use of traditional forms of energy while maintaining that the focus was on alternative forms of energy. Chief Secretary C S Rajan, Principal Secretary (Energy) Sanjay Malhotra, State Power Distribution Companies Chairman Bhaskar A Sawant, Organising Secretary Akhil Arora and World Bank Special Project Manager Mandakini Pal were present on the occasion.

India has the same per capita income as Nigeria, Ghana and Kenya: Onno Ruhl

June 23, 2015 10:08 am