Crude oil prices have slipped in the past two weeks and if they fall this week, it will be the third weekly drop -- the longest run of decl...

Agreed in principle by G20 officials last month and endorsed by the Paris Club of official creditors, the framework will essentially extend...

The Covid recession is the first since 1870 to be triggered solely by a pandemic, World Bank president said.

The Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resul...

Apart from short-term measures to address the health emergency and core public services, the multilateral development bank advised countrie...

The scope and speed with which the COVID-19 pandemic and economic shutdowns have devastated the poor around the world are unprecedented in ...

The World Bank on Wednesday cut India’s growth for financial year 2020 to 5% from 6% estimated earlier.

India's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and c...

“The size, speed, and breadth of the latest debt wave should concern us all. It underscores why debt management and transparency need to be...

According 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...