Tag: World Bank
World Bank Cuts Indian GDP Growth For Fiscal To 7%
In its first projection on India post-demonetisation, the World Bank has lowered the country's GDP growth estimate for this fiscal to 7 per cent, from its earlier estimate of 7.6 per cent made in June last year.....
India Signs Agreement With World Bank To Improve Tech Education
India has signed a $201.50 million financing agreement with the World Bank to improve the quality of technical education in the country.....
Jaitley To Embark On 5-day Visit To US
Finance Minister Arun Jaitley will on Wednesday leave for a five-day visit to the US to attend the Spring Meetings of the International Monetary Fund and World Bank, an official said.....
Sensex , Nifty Continue Its Southward Journey For The Fourth Consecutive Session
Falling for the fourth straight session on Tuesday the market continued its southward journey with the Sensex losing 94 points to close at 29,319. weighed by weakness in global peers after unexpected UK election announcement. Investors were also worried after prediction of monsoon at lower band of normal monsoon and on higher probability of El Nino. ....
BRICS Sees Financing For Development As Key 2030 Agenda
Financing for development is the key to the implementation of the 2030 Agenda for Sustainable Development, the guideline to end poverty by 2030, the BRICS economic grouping told a UN meeting in USA . ....
World Bank To Give Bangladesh $6 Bn Credit
The World Bank has pledged to give $6 billion in credit to Bangladesh over the next three years.....
Jaitley For Urgent World Bank, IMF Quota Reforms
The World Bank needs to decide the issues of Selective Capital Increase (SCI) to reflect the increasing weight of Developing and Transition Countries (DTCs) and General Capital Increase (GCI) to expand its annual lending, Finance Minister Arun Jaitley has said.....
India Will Regain Rank As Fastest Growing Economy In 2018-19: IMF
The International Monetary Fund on Monday reaffirmed that India's economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world's fastest growing large economy. ....
Indian GST System Among Most Complex Globally: World Bank
The Indian Goods and Services Tax (GST) system is among the most complex in the world with not only one of the highest tax rates but also one of the largest number of tax slabs, the World Bank has said. ....
World Bank Projects Global Economy To Shrink By 5.2% In 2020
The global economy is on track to shrink by 5.2 per cent this year amid the COVID-19 pandemic, the deepest recession since the Second World War, the World Bank Group said in its latest Global Economic Prospects. ....
