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WORLD BANK PRESIDENT AJAY BANGA
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...
- WEF could appoint Lagarde as early as November, sources sayChristine Lagarde is likely to be appointed as the chair of the World Economic Forum next month. This change would require her to step down...
- Lula vs Bolsonaro: As Brazil lies on the brink of tilting right, India watches its major BRICS partnerFlávio Bolsonaro secured leading votes against incumbent Luiz Inácio Lula da Silva in Brazil's elections on October 4. The runoff on Octobe...
- India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
- Indian trade secretary Rajesh Agrawal says first phase of US trade deal finalisedIndia's trade secretary announced that the first phase of a trade deal with the United States is finalized. Legal drafting for the deal is ...
- Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
- 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...
- India can catch up in AI by focusing on applicationsIndia faces significant threats in the global AI landscape as investments surge globally. While it has missed some initial chances, the nat...
- US Fed’s Bowman sees no urgency for another rate hikeMichelle Bowman, the Vice Chair for Supervision of the US Federal Reserve, spoke during the IMF-World Bank meetings in Bangkok. She stated ...
- 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...
- BFI suspends secretary general Pramod Kumar for alleged financial irregularitiesPramod Kumar, the Secretary General of the Boxing Federation of India, has been suspended from his position. This comes amid serious allega...
- Dollar languishes as focus turns to CPI, Fed speakersThe dollar declined as traders awaited new information on the timing for interest rate increases. Investors reevaluated the recent rally fu...
- Japan finance minister named as next chair of World Bank-IMF joint development committeeSatsuki Katayama has been appointed as the next chair of the World Bank-IMF joint development committee. She is the first Japanese finance ...
- Singapore's President warns of AI's risk to employment for fresh graduatesDuring the IMF and World Bank annual meetings in Bangkok, Singapore President Tharman Shanmugaratnam raised concerns about the shrinking jo...
- World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
- Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
- West Bengal to be renamed as 'Paschim Banga': State BJP Chief Samik BhattacharyaWest Bengal will be renamed as 'Paschim Banga' following a proposal from the BJP party. The proposal will first undergo approval in the ass...
- West Bengal likely to be renamed ‘Paschim Banga’, says state BJP chief Samik BhattacharyaWest Bengal BJP president Samik Bhattacharya confirmed that the state's name will soon change to 'Paschim Banga'. He emphasized the signifi...
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