World Bank
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World Bank approves USD 700 million loan for Pakistan: Where will the funds be used?
World | December 20, 2025 19:52 ISTThe approval comes months after the World Bank sanctioned a USD 47.9 million grant in August to improve primary education in Punjab.
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From Pakistan to Bangladesh: A look at top 10 countries with highest IMD debt
World | November 19, 2025 0:08 ISTArgentina remains the IMF's largest borrower by a wide margin, reflecting decades of economic instability. Other major borrowers like Ukraine, Egypt and Pakistan rely on IMF support to manage wartime pressures, fiscal deficits and import-dependent economies.
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Google and World Bank to collaborate to boost digital infrastructure based on UP pilot project
Business | October 16, 2025 23:41 ISTGoogle and the World Bank's new alliance aims to make digital transformation inclusive and scalable across developing nations. By combining cutting-edge AI, open network infrastructure, and on-ground development experience, the partnership seeks to empower farmers and improve public services.
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India ranked among world's most 'equal' societies: World Bank | Check full details
Business | July 06, 2025 0:01 ISTAs per the World Bank’s Spring 2025 Poverty and Equity Brief, India has achieved significant progress in poverty alleviation. Between 2011 and 2023, 171 million people rose above the threshold of extreme poverty, resulting in a dramatic decline in the national poverty rate.
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Are Forex cards better than cash? Check who should use them and other details
June 13, 2025 17:50 ISTForex cards allow you to lock in the exchange rate at the time of loading the card. This protects you from unfavourable rate changes during your trip.
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World Bank downgrades forecast for global economic growth to 2.3 per cent due to trade wars
Business | June 10, 2025 19:42 ISTThe World Bank also lopped 0.4 percentage points off its forecast for global growth this year. It now expects the world economy to expand just 2.3 per cent in 2025, down from 2.8 per cent in 2024.
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India-Pakistan poverty gap widens sharply: World Bank data reveals stark contrasts
India | June 09, 2025 22:25 ISTIndia's sharp decline in poverty contrasts with Pakistan's deepening crisis, highlighting the impact of governance and economic policies, according to the World Bank.
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Modi govt's success: India's poverty rate drops from 27.1% to 5.3% in a decade, says World Bank
Business | June 08, 2025 18:19 ISTIndia has made remarkable progress in reducing extreme poverty, with the poverty rate dropping from 27.1% in 2011-12 to 5.3% in 2022-23, according to the World Bank, driven by government programs like the free food distribution scheme.
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India sees sharp fall in extreme poverty, 269 million lifted out in 11 years: World Bank
India | June 07, 2025 11:40 ISTThe World Bank’s assessment, using the international poverty line of \$3.00 per day at 2021 prices, highlights a widespread reduction in poverty across both rural and urban areas.
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World Bank revises international benchmark for extreme poverty: Details here
Business | June 06, 2025 17:53 ISTHowever, the financial institution says these updates do not impact how the international poverty line measures the percentage of people living in extreme poverty.
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OPINION | IMF, World Bank must stop Pakistan from financing terror
India | May 24, 2025 13:59 ISTIndia's charge is that Pakistan is using a major part of World Bank and IMF money to fund terror outfits. Already, Pakistan is groaning under the weight of $224 billion foreign loans, which amounts to almost 70 pc of its GDP.
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Indus Water Treaty suspension: 'Have no role to play beyond facilitator', says World Bank chief
India | May 09, 2025 15:41 ISTIndus water treaty suspension: On April 23, India announced a barrage of measures against Pakistan, including the suspension of the Indus Waters Treaty, expulsion of Pakistani military attaches and the immediate shutting down of the Attari land-transit post.
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World Bank President Ajay Banga meets PM Modi in New Delhi
Business | May 09, 2025 11:03 ISTAjay Banga will visit Uttar Pradesh tomorrow to witness the remarkable transformation of Uttar Pradesh, the state government said on Thursday.
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Parameswaran Iyer appointed as India's nominee to IMF board ahead of May 9 meeting | Who is he?
India | May 05, 2025 12:00 ISTThe government's decision to appoint Parameswaran Iyer assumes significance as the IMF Executive Board will meet on May 9, to take a call on a new USD 1.3 billion loan under a climate resilience loan programme, along with the first review of the ongoing USD 7 billion bailout package for Pakistan.
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India lifted 17.1 crore out of extreme poverty in 10 years
Business | April 28, 2025 15:35 ISTThe World Bank’s Poverty and Equity Brief for India finds that the sharp reduction in extreme poverty has been broad-based, covering both rural and urban areas.
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Indus Water Treaty: Neutral expert upholds India's stand against Pakistan
India | January 21, 2025 16:36 ISTMinistry of External Affairs has welcomed the decision of the Neutral Expert appointed by the World Bank.
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Indus Water Treaty: Pak delegation arrives in Jammu to inspect two power projects after five years
Jammu and Kashmir | June 24, 2024 10:03 ISTA Pakistani delegation arrived in Jammu on Sunday to inspect the Kishenganga and Ratle hydroelectric power projects under the Indus Water Treaty (IWT), marking the first such visit in over five years. Accompanied by neutral experts, the team is examining projects in the Chenab Valley.
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Indian economy to grow at 7.5 per cent in 2024, projects World Bank
Business | April 03, 2024 12:20 ISTOverall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka, the World Bank said in its latest South Asia Development Update.
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World Bank maintains India's GDP growth forecast for 2023-24 at 6.3%
Business | October 03, 2023 12:59 ISTThe report attributes this resilience to robust domestic demand, substantial public infrastructure investments, and a strengthening financial sector.
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Pakistan: 95 million people living under poverty as living standards fall, reveals World Bank
World | September 23, 2023 16:25 ISTAccording to the World Bank, Pakistan's poverty levels shot up from 34.2% to 39.4% since last year, showing that its economic model is unable to ease its poor economic conditions.
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