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IFC is adviser to Vizhinjam project16-NOV-09
The International Finance Corporation (IFC), a member of the World Bank Group, will act as the principal adviser to the proposed Vizhinjam International Seaport, near Thiruvananthapuram.
Govt to assess regulators' actions16-NOV-09
The government is considering to put in place a mechanism for assessing the impact of actions of three regulators — Sebi for capital markets, PFRDA in pensions and Irda in insurance — as part of efforts to deepen the financial market.
'We are World Bank's largest borrower'14-NOV-09
Power Grid Corporation of India (PGCIL), the state-owned power transmission company, is planning a capex of Rs 85,000 crore to Rs 1 lakh crore for the 12th Five-Year Plan (2012-17). The Navratna PSU is also eyeing a follow-on public offer (FPO) for the proposed expansion. Already, the corporation has become the single-largest borrower from the World Bank. So far, it has drawn $5 billion from the Bank.
Inflation a risk to recovery: World Bank13-NOV-09
Asian economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilising inflation, World Bank President Robert Zoellick said today. The US and European economies, which are barely starting to recover from the global meltdown, are less at risk, but in Asia, the massive liquidity flowing into regional markets could push asset prices up dangerously high, Zoellick said.
Google routes World Bank data to fact seekers12-NOV-09
Google is adding World Bank figures to Internet results in a bid to make hard facts about countries worldwide easier to find.
India Eco Summit: Women earn far less than men10-NOV-09
96% of the biggest employer companies in India do not measure income disparities.
Sunita Narain: Waste deep in water06-NOV-09
How will India supply drinking water in cities? Many would argue that the problem is not so much that of inadequate water as it is of the lack of investment in building infrastructure in cities and the lack of manegerial capacities to operate the systems, once created. This then logically leads to policy reform, to invite private investment and hand over public water utilities to private parties to operate.
World Bank official calls on Tamil Nadu CM05-NOV-09
A top World Bank official today called on Tamil Nadu Chief Minister M Karunanidhi to review ongoing projects in the state.
Migrant remittance to developing nations to touch $317 bn05-NOV-09
Migrant remittance flow to developing countries, including India, will be around $317 billion this year, a lower-than-expected fall from the year-ago level, but will return to the recovery path in years to come, the World Bank has said.
PowerGrid to raise Rs 3,000 cr via bond sale04-NOV-09
Central transmission utility PowerGrid today said it would raise Rs 3,000 crore through bonds by January next year.
World Bank boosts China growth forecast to 8.4%04-NOV-09
The World Bank today upgraded its 2009 economic growth forecast for China to 8.4 per cent on the back of huge public spending but warned stronger domestic demand was needed to ensure a sustainable recovery.
World Bank launches catastrophe bonds for emerging countries04-NOV-09
The bonds will help economies get cheaper insurance against natural disasters.
IFC to promote PPP in healthcare04-NOV-09
The International Finance Corporation (IFC), a member of the World Bank group, will work with the Andhra Pradesh government to enable three public hospitals in Kurnool, Vishakhapatnam, and Warangal to offer advanced diagnostics services like dialysis to low and middle income people.
IISR project to use mass media to motivate farmers31-OCT-09
The Indian Institute of Spices Research (IISR) here is coming out with a major project to share agriculture information at the grassroot level, among stakeholders and policy planners through the mass media.
PowerGrid seeks Rs 8,750 cr from WB, ADB30-OCT-09
PowerGrid Corporation is seeking loans of Rs 8,750 crore from the World Bank and the Asian Development Bank (ADB) to fund upcoming transmission projects in the country.
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