World Bank

World Bank News

World Bank CEO emerges as contender to lead next EU commission

The process will step up a gear after elections to the European Parliament next week and leaders will start to narrow down their options at another summit scheduled for May 28 in Brussels.

Ivanka Trump says she passed on World Bank job

The president recently told The Atlantic: "I even thought of Ivanka for the World Bank.. She would've been great at that because she's very good with numbers."


Nod for probe into World Bank-funded project in Jharkhand

The first complaint came from 104 people of Santhal (Adivasi) community from Giddi Jhopri village about location of the water treatment plant (WTP) - as part of Baghbera multi-village scheme of RWSSP - on community land.

Venezuela must pay Conoco over $8 billion: World Bank

Venezuela has balked at paying in other arbitration cases and may challenge the World Bank tribunal's decision.

India needs more, not less, globalization to boost wages: Report

India needs to ramp up exports if workers are to enjoy higher wages, according to a new report from the World Bank and the International Labor Organization.

World Bank, UN, SIDBI launch Rs 300 crore Women’s Livelihood Bond

The proposed bond will enable individual women entrepreneurs in sectors like food processing, agriculture, services and small units to borrow around Rs 50,000 to Rs 3 lakh at an annual interest rate of around 13-14 per cent or less.


In election year, why difference between schemes and systems matters

From loan waivers to income support for farmers, Ayushman Bharat to Ujjwala, Jan Dhan to Mudra, social welfare is shaping the national conversation as Lok Sabha elections approach. In a series, World Bank experts take stock of social protection in India.

Trump nominates David Malpass to head World Bank

Malpass is being tapped to head the World Bank after its previous president, Jim Yong Kim, announced in January that he would resign from the post, nearly three years before his term expired.

Ivanka Trump to help choose new World Bank president

Ivanka Trump, who had been rumoured to be a contender for the position herself, will not be a candidate, a Trump administration official said.

Developing economies must get ready to cope with possible turbulence: World Bank official

Urging countries to accelerate reforms, interim president Georgieva said from the Bank's perspective, this is particularly critical for investing in human capital, lowering barriers to higher investments and boost positivity.

World Bank Videos

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

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

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

In this Idea Exchange, World Bank India – Country Director Onno Ruhl speaks about the state of social indicators in India, dealing with the Maoist issue,  on the ease of doing business here,  fund cuts to NGOs and the difference between the previous and the current governments