Page 45 - World Bank

World Bank approves $625-mn aid for India's solar programme

These solar PV installations, will provide clean, renewable energy, and reduce GHG emissions by displacing thermal generation

Economies could shrink by mid-century due to scarce water: World Bank

The West Asia could be hardest hit, with its GDP slipping as much as 14% by 2050.

Indian apparel industry to gain 1.2 mn jobs as prices rise in China: World Bank report

The report showed that a 1% increase in Chinese apparel prices could improve EU demand for Indian products by 1.9%.

World Bank raises crude oil forecast for 2016

Sets a new target of $41 a barrel from its current level of $37; downgrades outlook for other commodities

World Bank projects Chinese economy to grow 6.7% in 2016

The apex bank expects growth in East Asia to ease from 6.5% in 2015 to 6.3% in 2016.

India leads emerging economies in growth chart: World Bank

India may officially surpass China in its growth rate as it is now leading major emerging economies in growth chart, according to latest World Bank figures. "With an expected growth of 7.5 per cent this year, India is, for the first time, leading the World Bank's growth chart of major economies," said Kaushik Basu, World Bank Chief Economist and Senior Vice President after the release of the latest Global Economic Prospects (GEP) report yesterday. China is projected to grow at 7.1 per cent. Developing countries are now projected to grow by 4.4 per cent this year, with a likely rise to 5.2 per cent in 2016, and 5.4 per cent in 2017, the report said. In China, the carefully managed slowdown continues, with growth likely to moderate to a still robust 7.1 per cent this year. In India, which is an oil importer, reforms have buoyed confidence and falling oil prices have reduced vulnerabilities, paving the way for the economy to grow by a robust 7.5 per cent rate in 2015, the report ...