Page 4 of world bank

Ukraine to receive $1.5 billion from World Bank to support reconstruction

The government hopes for a modest economic recovery this year after the economy shrank by about one-third in 2022 because…

June 30, 2023 14:23 IST

World Bank approves $1.5 billion financing for India’s low carbon energy sector

The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance…

Updated: June 30, 2023 11:57 IST

World Bank President Ajay Banga named in 2023 list of Great Immigrants

With over 30 years of experience in key positions, Banga is expected to usher in transformative policies at the World…

Updated: June 29, 2023 09:05 IST

World Bank approves $700 million for crisis-hit Sri Lanka

About $500 million of the funds will be allocated for budgetary support while the remaining $200 million will be for…

Updated: June 29, 2023 07:24 IST

Researchers eye central bank reserves to boost development bank climate lending

The proposal published by Boston University’s Global Development Policy Center would harness a small portion of excess central bank reserves,…

Updated: June 20, 2023 14:29 IST

What the World Bank must do

Focus on large middle-income countries— targets of lending by The international Bank for Reconstruction & Development, not development assistance from…

June 17, 2023 06:15 IST

World Bank’s new chief Banga to sharpen focus on projects with measurable impact

Banga, on his first foreign trip since taking office, told Reuters on Monday that he wanted the bank to prioritize…

June 13, 2023 16:11 IST

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World Bank offers dim outlook for the global economy in face of higher interest rates

The eurozone, which represents the 20 countries that share the euro currency, is expected to post collective growth of 0.4%…

June 6, 2023 19:24 IST

World Bank President Ajay Banga meets US VP Kamala Harris

It was the first official US engagement with the World Bank since Banga took office last week.

Updated: June 6, 2023 07:53 IST

Ajay Banga, Ajay Banga world bank, Ajay Banga takes charge as world bank president,

Indian American Ajay Banga takes over as World Bank President

In February, President Joe Biden announced that the US would nominate Banga to lead the World Bank.

June 3, 2023 12:48 IST

Sailing into choppy waters

The World Bank’s decision on Indus Waters Treaty complicates dispute resolution, raising concerns for the future.

June 3, 2023 04:00 IST

Why water sustainability needs to become a climate action priority

The Composite Water Management Index (CWMI) report released by NITI Aayog revealed that by 2030, India’s water demand is expected to double…

Updated: June 1, 2023 11:52 IST

Robust demand drives growth for JK Tyre & Industries in FY2023

IFC, a member of the World Bank Group, has invested Rs 240 crore ($30 million) in the company by way…

May 18, 2023 11:35 IST

G20 panel to suggest ways to enhance MDB lending: NK Singh

On March 28, G20 India Presidency set up the expert group co-convened by 15th Finance Commission chairman Singh and former…

May 11, 2023 00:15 IST

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Harnessing the latent potential of CSR Funding for climate action

Significant opportunities exist for CSR funding to be directed to climate solutions that intersect with health, gender, or livelihood.

May 6, 2023 06:36 IST

Nirmala Sitharaman confident Ajay Banga will use corporate experience in pursuing World Bank goals

Banga, 63, will take over as the President of the World Bank on June 2. He will succeed President David…

Updated: May 4, 2023 11:17 IST

Ajay Banga, World Bank, Ajay Banga lifestyle, Ajay Banga education, Ajay Banga career, Ajay Banga salary, who is Ajay Banga, Ajay Banga expensive things, lifestyle

Indian-origin Ajay Banga confirmed as next World Bank President; He used to earn over Rs 5 million per day – Know about his journey, net worth & career

Ajay Banga started his career with Nestle in 1981 and then worked at Pepsico. He was also a part of…

Updated: May 4, 2023 09:50 IST

World Bank board elects US nominee Ajay Banga as president

The election came after World Bank board members interviewed Banga for four hours on Monday.

May 3, 2023 21:56 IST

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Not Maharashtra or Karnataka, but this Union Territory tops highest daily wage chart

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India’s economic landscape in 2025 reveals a large gap in daily wages between states and union territories. The average daily wage is Rs 1,077, but industrialized and urbanized states like Delhi, Karnataka, and Maharashtra have an average wage of Rs 1,346 due to their concentration of government offices, financial institutions, and corporate headquarters.

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