World Bank

World Bank offers funds for last stretch of Eastern Dedicated Freight Corridor

February 21, 2020 4:44 am

The EDFC has also got the green signal from Railways to allow private freight trains in its corridors, if companies come forward with such propositions.

Countries have the responsibility of remaining prepared with climate mitigation plans: Senior WB official

February 13, 2020 12:33 am

Bucher was speaking on ‘Climate Information for Risk Screening’ organised as part of the sixth International Conference on Climate Services (ICCS) at the Indian Institute of Tropical Meteorology (IITM) in Pune.

India's growth projected to 'decelerate' to 5% in 2019-2020: World Bank

January 09, 2020 7:17 am

The World Bank said India's growth rate was likely to recover to 5.8 per cent in the following financial year.

Michal Rutkowski interview: ‘Instead of focussing only on formalisation, raise the informal sector’s productivity’

December 23, 2019 4:39 am

To me, the fact that India is predominantly an informal economy is a very important starting point when talking about jobs, said Michal Rutkowski.

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.

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