Page 36 - World Bank

Market Ahead, June 9: All you need to know before the opening bell

World Bank yesterday forecast a 3.2 per cent contraction in India's economy in FY21 because of the Covid-induced lockdown. It had earlier predicted 1.5-2.8 per cent growth

Covid-19 impact: India's economy to shrink by 3.2% in FY21, says World Bank

India to lose tag of fastest growing large economy to China for another two years

Indian economy to contract by 3.2% this fiscal due to Covid-19: World Bank

In its latest edition of the Global Economic Prospect, the World Bank downgraded its projection of India by a massive negative nine per cent

Global economy to plunge into worst recession since WW-II: World Bank

The Covid-19 recession is the first since 1870 to be triggered solely by a pandemic, World Bank President David Malpass said

Covid-19 lockdown: Northeast states back to work sooner than others

The eight states together account for 2,930 or 1.3 per cent of the around 230,000 cases in the country

Prime minister's private secretary Rajeev Topno moves to World Bank

Brajendra Navnit is new India representative at WTO

Covid-19 can push 60 million into poverty, adopt comprehensive policies: WB

The scope and speed with which the Covid-19 pandemic and economic shutdowns have devastated the poor around the world are unprecedented in modern times, World Bank Group President David Malpass said

Needed: Global Risk Pooling Reserve Fund

According to the World Bank, 60 million people worldwide will fall back into extreme poverty as a result of the severe economic crisis unleashed by Sars-CoV-2

The economic crisis and India's role in post-coronavirus multilateralism

The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty

Covid-19 crisis: World Bank to rescue with $160-billion aid to 100 nations

'Covid, shutdown may push as many as 60 mn people into extreme poverty'

Covid-19 updates: FM Sitharaman on stimulus 6.0, Trump's 'badge of honour'

Trump told reporters in a cabinet meeting that the high number of cases in the US is a "badge of honour", because it means the US is testing the most

World Bank approves $1-bn loan to India amid coronavirus outbreak

This takes the total commitment from the World Bank towards emergency Covid-19 response in India to $2 billion.

World Bank approves $1 bn to support India's fight against coronavirus

This takes the total commitment from the World Bank towards emergency Covid-19 response in India to $2 billion.

A community behind the curve

With resources more scarce than ever, it is vital the government implemented the Sachar Committee's recommendations in earnest

Need to be cautious about slipping into permit Raj: Kaushik Basu

With a record capital outflow of $16 bn in March, the biggest in a month, India must be careful about the future, he said

AIIB extends $500 mn loan to India to deal with coronavirus crisis

The bank's board of directors has approved a loan to India to strengthen the preparedness of the country's national health system

A better world after Covid?

It is time to shrug off the ideological shackles about the way we work, play and live

Remembering Deepak Lal: The last of the true intellectuals?

Deepak put a lot of premium on evidence, hard evidence, and was a pioneer in thinking about poverty and inequality

Covid pandemic could fuel fresh interest in diaspora bonds: World Bank

World Bank officials warned that developing economies could suffer close to 3% decline in economic output

Lockdown, job loss impacted 40 mn migrant workers in India: World Bank

Due to the global recession caused by Covid-19, remittances to India are likely to drop by 23 per cent from $83 billion last year to $64 billion this year, the report said