West Bengal CM Suvendu Adhikari outlines ambitious transport plans ranging from new metros & electric buses to greenfield airportWest Bengal will see visible transport changes within one year under the new government. Kolkata will receive a Water Metro and two new int...
Pakistan seeks Canada's support for restoration of Indus Waters TreatyPakistan's Deputy Prime Minister Ishaq Dar requested Canadian assistance for the Indus Water Treaty. He urged Canada to support India's imm...
Gujarat tops NITI's investment friendliness index; Maharashtra, Tamil Nadu followGujarat, Maharashtra, and Tamil Nadu lead NITI Aayog's investment friendliness index. The index assesses states on eight key parameters for...
Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
India's Purple Economy could add $150 billion to growthIndia's Purple Economy offers a USD 150 billion market opportunity. This framework recognizes persons with disabilities as economic contrib...
Explained: Venezuela's complex and contested debt puzzleVenezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...
Delhi government, World Bank launch orientation for Rs 8,300-crore clean air projectThe seven-year programme, to be implemented between September 2026 and August 2033, will be financed through a 65 per cent loan from the Wo...
World Bank Group commits $890 million to promote solar rooftop project in IndiaThe World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes...
India weighs hybrid annuity model for East-West freight corridorThe East-West Dedicated Freight Corridor may use a Hybrid Annuity Model for development. This financing framework was discussed at a confer...
Delhi's ₹8,300 crore clean air project to include AI monitoring, EV roadmap under World Bank frameworkDelhi's ₹8,300-crore clean air program will launch in September 2026. This initiative will use AI for construction site monitoring and deve...
IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...
Govt plans fresh policy interventions to strengthen MSME manufacturing ecosystemThe ministry has launched a nationwide consultation exercise to strengthen the MSME ecosystem and their manufacturing base; it has received...
Include infra loans in priority sector in absence of vibrant bond market: SBI economistsEconomists propose reviewing priority sector lending guidelines for banks. They note banks struggle to meet targets without certificate pur...
AI investment in emerging markets must go beyond models to ecosystems: ReportArtificial intelligence is poised to revolutionize economies, but emerging markets must cultivate local ecosystems to truly benefit, a Worl...
Venezuela earthquake death toll rises to 2,595Venezuela's interim president, Delcy Rodriguez, revealed Friday that twin earthquakes on June 24 have claimed 2,595 lives. This grim update...
Sri Lanka, Vietnam upgraded to 'upper-middle income' statusVietnam and the Philippines have officially joined the upper-middle income bracket, a significant upgrade by the World Bank following years...
World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...