World Bank

World Bank team meets Kerala CM, calls for need to implement e-mobility

May 13, 2023

World Bank team meets Kerala CM, calls for need to implement e-mobility

World Bank VP for South Asia, Martin Raiser, discussed Kerala's plans to achieve carbon neutrality by 2050.

May 03, 2023
Indian-American Ajay Banga appointed World Bank president for 5-year term

Banga is the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: the International Monetary Fund and the World Bank.
February 23, 2023
Joe Biden nominates Indian-American Ajay Banga to head World Bank

Raised in India but now a US citizen, Banga currently serves as vice chair of General Atlantic, a US private equity firm. He retired in December 2021 after 12 years at the helm of Mastercard Inc.
January 27, 2023
India issues notice to Pakistan seeking modification to Indus Waters Treaty

India and Pakistan signed the treaty in 1960 after nine years of negotiations, with the World Bank being a signatory of the pact.
January 11, 2023
World Bank sees India growth slowing to 6.6% in FY24

"The slowdown in the global economy and rising uncertainty will weigh on export and investment growth," the World Bank said.
June 08, 2022
World Bank slashes global growth forecast to 2.9%, warns of 'stagflation' risk

In a news conference, World Bank President David Malpass said global growth could fall to 2.1% in 2022 and 1.5% in 2023, driving per capita growth close to zero, if downside risks materialized.
October 08, 2021
With 8.3% growth, India expected to emerge as 2nd fastest-growing major economy: World Bank

For the entire South Asia region, the World Bank estimates the GDP growth to be 7.1 per cent this year and the next.

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