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India's water journey a model for developing nations: World Bank officialIndia's water management initiatives, including the Jal Jeevan Mission and Namami Gange Programme, are gaining international recognition. S...
India's water management initiatives a model for developing nations: World Bank officialIndia's water management efforts, such as the Jal Jeevan Mission, are being recognized internationally for their effectiveness. The World B...
IFC extends $150 million credit line to SBI in first investment in an Indian state-owned bankThe International Finance Corporation has extended a $150 million social loan to State Bank of India to support agricultural financing for ...
Developing countries' debt hit record $9.4 trillion in 2025: World BankMost of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising ...
World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%Global commodity prices are projected to rise significantly in 2026, driven by conflict in the Middle East and supply disruptions. Energy p...
Ex-IMF Director KV Subramanian dismisses Pakistan's global financial leadership claimKrishnamurthy V Subramanian has criticized Pakistan's claim of returning to global financial leadership. He clarified that the IMF and Worl...
Pakistan to chair IMF, World Bank boards next year for first time since 1953Islamabad has been named the incoming chair of the IMF and World Bank Group for 2027. This marks the first time since 1953 that Pakistan wi...
World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
World Bank should focus on mobilising greater private capital and creating jobs, says FM SitharamanNirmala Sitharaman emphasized the importance of private capital in creating jobs and boosting productivity during her address. She outlined...
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
Trump press secretary Katie Zacharia faces questions over law credentialsKatie Zacharia, the new White House press secretary, is facing questions about her legal credentials and background. Although she claims to...
World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
World Bank warns of 800 million-job gap in next 10 years: Will global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
Govt fast-tracks safer AI blueprint, paper on regulation out in a monthSpeaking at a World Bank group event, Vaishnaw said the paper will be released in one month, and will focus on AI safety, humanity, skillin...
Only 4% of Indian jobs at risk from AI disruption, far below developed markets: World Bank Group EDSpeaking to on the sidelines of the IndiaAI Mission and World Bank Group's India launch of the World Development Report 2026, Mishra said t...
India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth MishraNeelkanth Mishra from the World Bank Group highlighted the issue of enterprise data accessibility in India. He stated that 99 percent of co...
Growth hinges on local reforms, not protectionism: Indermit GillIndia holds a unique opportunity to enhance its economic growth but must address internal challenges effectively. Rapid reform and the effi...