Page 26 - World Bank

IMF chief hails India's help to Sri Lanka in dealing with economic crises

Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman

Ukraine fallout: World Bank sharply trims global growth forecast

Ukrainians claim first civilian casualties in Lviv; West's sanctions 'blitz' has failed, says Putin

Wall Street up, US Treasury surges as investors eye earnings, global growth

Stocks were up in early trading, with the Dow Jones Industrial Average rising 0.22%, the S&P 500 climbing 0.25% and the Nasdaq Composite up 0.23%

World Bank seeks to create a $170-bn emergency fund to help poorest nations

President David Malpass said World Bank was responding to the added economic stresses from the war by proposing a new, 15-month crisis financing target of $170 bn

FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting

Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April

One-fifth of humanity could face poverty, hunger from Ukraine war: UN chief

IMF Managing Director Kristalina Georgieva said on Thursday that the Ukraine conflict will downgrade forecasts for 143 economies this year, which collectively make up 86% of the world's GDP

Extreme poverty in India fell sharply in 2011-19: World Bank paper

Rural decline steeper than in urban centres

FM Nirmala Sitharaman leaves for US to attend World Bank, IMF meetings

During the official visit to the US, Sitharaman will take part in bilateral meetings with several countries, including Indonesia, South Korea, Sri Lanka and South Africa

CBDC likely to pose risks for financial stability, says World Bank

CBDC differs from traditional central bank money in that it can be digitally created and recorded on centralised or decentralised ledgers

Russia-Ukraine war, Covid-19 surge in China on IMF-World Bank agenda

A key global issue, cryptocurrency regulations, will not feature in the agenda and are unlikely to be discussed on the sidelines as well, Business Standard has learnt

Sri Lanka's economic outlook uncertain, needs urgent measures: World Bank

The island nation faces a highly uncertain economic outlook due to fiscal and external imbalances

World Bank lowers Pakistan's economic growth forecast to 4.3%

The bank cited the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government

India growth forecast cut to 8% for FY23, says World Bank

Sluggish recovery in consumption demand, uncertainties of Ukrainian war cited

Govt in discussion with World Bank on framework for coal mine closure

Coal Additional Secretary M Nagaraju said the government is committed to ensuring that mines are properly and scientifically closed for the benefit of the society

Ukraine war will slow down post-Covid recovery in South Asia: World Bank

The World Bank said that the Indian economy will grow at 8%, which is slightly less than 2021

Ukraine war to result in 1.3% lower GDP growth for India, says WB official

He said that even the fact that India is able to buy some cheap oil from Russia at the moment, the big picture is still that they are being hurt by the high commodity prices in the market

LIVE: PM Modi congratulates new Pak PM, says 'India desires peace'

Congratulations to H. E. Mian Muhammad Shehbaz Sharif on his election as the Prime Minister of Pakistan, tweets PM Modi

World Bank expects Ukrainian, Russian economies to shrink hugely: Report

The DC-based lender's economic update for emerging markets in Europe and Central Asia said the conflict would hamper the region's industrial output, shaving 4.1 per cent off its GDP.

Israel to increase operations in West Bank after Tel Aviv shooting

Israeli Chief of the General Staff Aviv Kochavi ordered the country's defence forces to increase operations in the West Bank, after a deadly attack in Tel Aviv.

World Bank says war shocks to drag on Asian economies in coming months

Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months, says the World Bank