World Bank
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World Bank cancels USD 100 million loan to Pakistan's gas efficiency project
Dec 08, 2016, 04:55 PM ISTThe World Bank has cancelled a $100 million (Rs 670 crore) loan it had approved for a natural gas efficiency project in Pakistan.
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WB asks India, Pak to agree to mediation on IWT; New Delhi questions its ‘legally untenable action’
World | Nov 11, 2016, 09:28 AM ISTThe World Bank has asked India and Pakistan to ‘agree to mediation’ in order to settle on a mechanism for how the Indus Waters Treaty (IWT) should be used to resolve issues regarding two dams -- Kishenganga and Ratle hydroelectric projects.
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‘Ease of Doing Business’: PM Modi asks officials to analyse WB report
Oct 27, 2016, 10:19 AM ISTNarendra Modi today asked top officials in states and at the Centre to study the latest World Bank report which has ranked the country at 130th place out of 190 nations in 'Ease of Doing Business'
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Ease of doing business: Nirmala Sitharaman disappointed over India’s low rank
Oct 26, 2016, 01:37 PM ISTUnion Commerce and Industry Minister Nirmala Sitharaman has expressed her disappointment over India’s rank remaining low in terms of ease of doing business.
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India moves up by one place in World Bank's Ease of Doing Business Index, ranks 130th among 190 countries
Oct 25, 2016, 11:28 PM ISTIndia continues to rank low at 130th position in terms of Ease of Doing Business, managing to move up by only a single rank.
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India ready to take larger share in World Bank: Arun Jaitley
Oct 06, 2016, 01:27 PM ISTFinance Minister Arun Jaitley today called on the World Bank to work together with the member countries to explore innovative financing solutions.
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World Bank confident of consistent growth of India’s GDP, estimates 7.7 pc growth for 2017
Oct 04, 2016, 05:21 PM ISTEnsuring better days for India in the future, the World Bank today said that the country’s GDP will remain at 7.6 per cent in 2016 and 7.7 per cent in 2017. The bank attributed the
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India trumps Pakistan in female literacy, infant mortality: World Bank
World | Oct 04, 2016, 11:18 AM ISTA World Bank report released this week shows that India is ahead of Pakistan in terms of adult female literacy and life expectancy.
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Reforms to help India grow strong at 7.6 pc in 2016 and 7.7 pc in 2017: World Bank
Oct 04, 2016, 08:11 AM ISTDescribing South Asia as a global growth hotspot, the World Bank has said India's GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017.
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India, Pakistan approaches World Bank over Indus water treaty
World | Sep 28, 2016, 11:39 PM ISTAmid speculations that India could revoke the 56-year- old Indus Waters Treaty with Pakistan, the World Bank said that it was approached by both the nations and it is "responding in its limited, procedural role
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World Bank reappoints President Jim Yong Kim for second term
World | Sep 28, 2016, 06:58 AM ISTJim Yong Kim was on Tuesday appointed for a second five-year term as World Bank president. The decision to appoint Kim was taken unanimously by the global lender by the board of executives. Kim had
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India lost 1.4 million lives to air pollution in 2013: World Bank report
India | Sep 09, 2016, 01:20 PM ISTThe latest report, released by the World Bank on Thursday, shows that India has the second highest number of deaths due to air pollution in 2013 after China. In 2013, air pollution claimed 1.4 million
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US nominates Jim Yong Kim as World Bank president for 2nd term
Aug 25, 2016, 01:39 PM ISTThe US nominated Jim Yong Kim to be the World Bank President for a second term on Thursday, saying he has “ably led” the global development lender’s response to major crises and helped it focus
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World Bank to protect apple cultivation by investing Rs 1,115 crore in Himachal Pradesh
India | Jul 17, 2016, 08:13 PM ISTShimla: In a move to protect apple cultivation, the World Bank has funded Himachal Pradesh Horticulture Development Project with an outlay of Rs 1,115 crore, a government spokesperson confirmed. The project, which is being
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India a bright spot, pleased with progress under PM Modi: World Bank chief
Jun 30, 2016, 11:38 PM ISTWorld Bank chief Jim Yong Kim today said that the "strong visionary leadership" of Prime Minister Narendra Modi has helped the country to emerge as a "bright spot" in the world.
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World Bank to provide Rs 6800 crores for solar projects in India
Jun 30, 2016, 05:36 PM ISTNew Delhi: The World Bank on Thursday signed an agreement with India-led International Solar Alliance (ISA) to provide US $1 billion (Rs 68,00 crore) for expansion of solar power capacity in India. The pact,
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World Bank President Jim Yong Kim meets PM Modi, discusses nutrition, green power
National | Jun 30, 2016, 02:30 PM ISTWorld Bank President Jim Yong Kim today met Prime Minister Narendra Modi and discussed Indian government’s initiatives on nutrition and renewable energy.
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World Bank downgrades its forecast for 2016 global economy to 2.4 percent
Jun 08, 2016, 11:24 AM ISTWashington: The World Bank is reducing its forecast for the global economy this year — again. The aid agency predicted Tuesday that the world economy will expand 2.4 percent this year, down from the 2.9
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Railways to seek $500 million from World Bank for station development
Jun 05, 2016, 12:20 PM ISTIndian Railway will seek $500 million from World Bank for undertaking redevelopment of some major stations as part of its ambitious station development plan.
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News in Nutshell: Important stories of the day
India | Jun 04, 2016, 08:09 PM ISTImportant stories of the day