'Need to quicken debt resolution process for poor countries': World Bank deputy chief economist Ayhan KoseMore proactive debt resolution is necessary for low-income countries, says World Bank's Ayhan Kose. The 26 poorest nations face record high...
World Bank upgrades global growth outlook on resilient US economyThe World Bank raised its global growth outlook due to resilient consumer spending in the US, but warned of weak growth by historical stand...
Interest rates may stay higher than expected in 2024-25: World Bank reportWorld Bank predicts high interest rates in 2024 and 2025 due to stable commodity prices. Geopolitical tensions and US rates influence RBI d...
World Bank warns emerging economies need to grow 'much faster' to repay debtThe World Bank issues a warning about the significant increase in borrowing costs for developing nations, which poses challenges to boostin...
World Bank sees oil lower in 2024, but wider Middle East war could spike themThe World Bank's latest Commodity Markets Outlook report noted that oil prices have risen only about 6% since the start of the Israel-Hamas...
World Bank warns of 'lost decade' in global growth without bold policy shiftsFailure to reverse the expected broad-based slowdown in potential gross domestic product (GDP) growth would have profound implications for ...
India's GDP expected to grow at 7.3% in 2018-19China's economic growth is projected to slow down to 6.2 each in 2019 and 2020 and 6 per cent in 2021, according to the January 2019 Global...
Developing economies must get ready to cope with possible turbulence: World Bank officialKristalina Georgieva, the World Bank's CEO, said the global growth is moderating from 3 per cent to 2.9 per cent in 2019. That is still a r...
Skies darkening over global economy: World BankAccording to the report, global economic growth is projected to soften from a downwardly revised 3 per cent in 2018 to 2.9 per cent in 2019...
World Bank forecasts 7.3 per cent growth for India; making it fastest growing economyIndia retains the tag of the fastest growing country among the world's major emerging economies, Ayhan Kose, Director of the Development Pr...
World Bank expects India to grow fastest in FY19India’s growth is forecast to recover to 7.3% in FY19 and 7.5% in the next two fiscals each, according to the World Bank forecast released ...
World Bank says India has huge potential, projects 7.3% growth in 2018India, despite initial setbacks from note ban and GST, will growth by 7.3 per cent in 2018 and 7.5 for the next two years, the World Bank s...
World Bank projects 7.2 per cent growth rate for India in 2017World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growi...
Demonetisation effects in India to disappear in medium term: World Bank"Any reform has short-term costs but ultimately reforms will bring long-term gains. In the case of India, we expect whatever the adverse ef...
World Bank raises crude oil price outlookThe report said many resource development projects have been put on hold or delayed in emerging and developing countries because of decline...
Rupee trades lower against US dollarThe domestic currency had ended 12 paise lower at 66.36 against the greenback on Tuesday on fresh demand for the US currency from banks and...
Developing countries to benefit from oil price slump: World BankIn some countries, the fiscal pressures can partly be mitigated by large sovereign wealth fund or reserve assets, the report said.