World Bank

New Delhi: India has been ranked 38 out of 139 countries according to the World Bank's 'Logistics Performance Index Report (2023). India’s rank has improved by six places from 44 in 2018 and sixteen places from 54 in 2014. An…

New Delhi:  Digital Public Infrastructure (DPI) has had a transformative impact on India, extending far beyond inclusive finance. The G20 Global Partnership for Financial Inclusion document prepared by World Bank has lauded transformative…

Washington: The US wants the G20 countries to help reshape and scale up multilateral development banks like the International Monetary Fund and the World Bank, a top White House official has said. White House National Security Council…

Mumbai: The World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday. “How do we do local currency lending for a country like India is also something we are…

New York:  Ajay Banga, the President of the World Bank, has been named by a prestigious philanthropic organisation to its annual “Great Immigrants” list of honourees who have enriched and strengthened America and its democracy through their…

Washington: Indian American Ajay Banga on Friday took over as the President of the World Bank, making him the first person of colour to head either of the two global financial institutions, the World Bank and the International Monetary…

New Delhi: India's GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to consumption falling owing to higher borrowing costs, according to a World Bank report released on…

Washington: Indian-American business leader Ajay Banga is poised to become the next president of the World Bank, which has said he is the sole nominee for the post as no other candidates were nominated. The World Bank's Board of Executive…

New Delhi: The World Bank and India on Friday signed two complementary loans of $500 million each to support and enhance the country's healthcare infrastructure, reported news agency PTI. According to the report the agreement was signed…

Washington: President Joe Biden on Thursday announced that the US is nominating Indian-American business leader Ajay Banga to lead the World Bank. “Ajay is uniquely equipped to lead the World Bank at this critical moment in history,”…