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South Asia can generate millions of jobs through agriculture sector: World Bank GroupWith agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global le...
Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World BankIndia's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses ar...
IFC commits USD 50 million to Hygenco to promote green hydrogen in IndiaInternational Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects acro...
India names Neelkanth Mishra as executive director at World BankEconomist Neelkanth Mishra has been appointed as India's executive director at the World Bank Group, succeeding Parameswaran Iyer. Mishra, ...
Clean-label food brand Anveshan raises Rs 150 crore led by Vertex VenturesClean-label food brand Anveshan has secured Rs 150 crore in a significant funding round. The investment, led by Vertex Ventures, will fuel ...
Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
A resolution for the potential global jobs crisis: the Human Capital Monetisation Economic SystemAmid growing global concerns over a widening employment gap, a new economic framework has been proposed to address what experts warn could ...
Woking on Jan Vishwas bill 3 to further improve business environment: Piyush GoyalIndia is preparing for a third Jan Vishwas Bill. This initiative aims to simplify business processes and reduce compliance burdens. The gov...
World Bank's IFC targets $10 billion in annual investments in India by 2030The International Finance Corporation plans to significantly increase its investments in India. By 2030, annual investments are set to reac...
'Life is 50% luck and the rest 50 is...': World Bank's chief Ajay Banga, a St. Stephen's, IIM-A graduate to Zerodha's Nikhil KamathAjay Banga, World Bank Group President, shared insights on success. He believes life is a balance of luck and action. Banga highlighted tha...
MDBs to deepen collaboration to support nations amid heightened global uncertaintyGlobal development banks are joining forces to help countries navigate economic challenges. They are combining resources and knowledge to m...
Rakesh Mohan on the World Bank Group’s Economic Advisory PanelAjay Banga, World Bank President, invited Rakesh Mohan to join the World Bank Group’s Economic Advisory Panel. The panel will support the W...
World Bank group financing US$ 500 million projects in NortheastOnno Ruhl, Country Director, India, World Bank said, "We are have having discussions on financing agri-business, e-goverance project, water...
IFC raises Rs 300 crore more from global rupee bond saleThe World Bank Group lender IFC today said it has raised Rs 300 crore from its global rupee bond sale to support the country's capital mark...
- IFC invests Rs 100 cr in Pragati Equity to support SMEs
World Bank Group, has decided to invest USD 20 million (around Rs 100 crore) in Pragati Equity Advisors to fund projects in these regions.