World Bank
India remains on top with $125 bn inward remittances
20 Dec 2023
India continues to be the largest recipient of overseas remittances, with inward flow of $125 billion in 2023, a 12.3 per cent surge
World Bank warns Middle East conflict could trigger global commodity and oil price surge
31 Oct 2023
The World Bank has sounded the alarm, cautioning that the ongoing conflict between Israel and HAMAS in the Middle East has the potential to significantly
World Bank’s role crucial in ensuring food, energy and climate finance: Nirmala Sitharaman
25 Oct 2022
World Bank fears a possible rerun of the 1970s ‘stagflation’
09 Jun 2022
Stagflation is a situation when high prices – mostly of oil and food - cause high inflation worldwide even as economies dependent on imports face recession
World Bank lowers India's FY20 GDP growth projection to 6%
14 Oct 2019
The World Bank report also noted a widening of the current account deficit to 2.1 per cent of GDP in 2018-19 from 1.8 per cent a year before, mostly reflecting a deteriorating trade balance
India to grow at 7.5% in FY19-20: World Bank
06 Jun 2019
Government figures released on Friday showed India’s GDP growth rate declined to 5.8 per cent in the January-March quarter of the 2018-19 financial year, hitting the slowest in the past 17 quarters
India top recipient of remittances with an estimated $80 bn in 2018
10 Dec 2018
The average cost of remitting in South Asia also remained the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent
India up 23 places in World Bank’s Ease of Doing Business ranking
01 Nov 2018
With a total jump of 53 places in just two years, India in now the most business-friendly economy in South Asia and Prime Minister Narendra Modi says his government is committed towards more business-related reforms
World Bank sees India’s GDP growing at 7.3% in 2018-19
07 Jun 2018
India will remain the fastest growing economy for the next three years, with GDP growth of 7.3 per cent in 2018-19 and 7.5 per cent in the next two as ‘factors holding back growth in India fade’, says a World Bank report
India remains at top of global remittances chart with $69 bn in 2017
24 Apr 2018
Remittances to India picked up sharply by 9.9 per cent to $69 billion in 2017, reversing the previous year's dip, but were still short of the $70.4 billion received in 2014
GST woes: India ends up with one of the most complex and highest tax rates
16 Mar 2018
There are only five countries in the world including India which have four or more tax rates of GST, according to the World Bank’s bi-annual India Development Update, And the top slab of 28 per cent is the second highest of 115 countries surveyed
Word Bank to review 'Doing Business' rankings amidst Chile criticism
15 Jan 2018
While India under right-wing Narendra Modi jumped 30 places to100th among 190 countries, Chile under socialist President Michelle Bachelet continued to descend from 34th in 2014, the year Bachelet took office, to 55th currently
IMF, World Bank call for tighter financial sector regulation in India
22 Dec 2017
Reserve Bank of India should be better equipped to pro-actively supervise banks and deal with issues related to bank boards, says an IMF-World Bank financial sector assessment report
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