Patna: Claiming that two-third of Bihar population is yet to get access to electricity, a World Bank study report has asked the state government to augment generation capacity and ramp up investment in transmission and
Mumbai: World Bank today called for more transparency in India's power subsidy regime and suggested re-identification of the target population to improve the balance-sheets of losses-stricken discoms. The global development finance body said the key
New Delhi: US President Barack Obama's India visit will be followed up by “greater neo-liberal reforms” in the country, CPI(M) leader Sitaram Yechury today said as he accused the NDA government of cementing India's position
New Delhi: The World Bank has cut its outlook for global growth and warned that the world's economy is "running on a single engine."The global development lender predicted that deepening trouble in the eurozone, Japan
Washington: Buoyed by the economic reform measures taken by the Indian government after coming to power in May last year, the World Bank has said that India would catch up with China's growth in the
Gandhinagar: Finance ministry's chief economic adviser Arvind Subramanian has said India's growth slowdown has bottomed out and the pace of economic expansion is expected to accelerate.Yesterday, World Bank President Jim Yong Kim said the Indian
Gandhinagar: World Bank has said India can grow at 6.4 per cent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede
Gandhinagar: Indian economy is likely to grow at 6.4 per cent in 2015 and accelerate further in the next year on the back of steps being taken by the Narendra Modi-led NDA government, World Bank
Washington:The sharp decline in global crude oil prices gives India a rare "window of opportunity" to put its fiscal house in order and carry out the much-needed economic reforms like cutting down oil subsidy, says
Washington: Major oil importing countries in particular and the developing nations in general are to benefit from the steep fall in global oil prices, but presents a big challenge to the major oil exporting nations,
Washington: In the aftermath of the economic crisis, there has been slow growth in global trade, the World Bank has said.In the year 2012 and 2013, the global trade expanded by less than 3.5 per
New Delhi: The government, under the aegis of Ministry of Drinking Water and Sanitation, undertook a significant journey in 2014 to make the country free from open defecation under an ambitious plan of around Rs
Washington: World Bank Group President Jim Yong Kim today said the joint winners of Nobel Peace Prize awards, Malala Yousafzai and Kailash Satyarthi, have inspired people across the world with their courageous efforts."Malala Yousafzai and
New Delhi: The World Bank will do everything it can to help India achieve the goal of clean energy to all, President of the international financial institution Jim Young Kim has said."We're going to do
Washington: Climate change could undermine efforts to defeat extreme poverty around the globe, the World Bank has warned.In a new report on the impact of global warming, the bank said sharp temperature rises would cut
United Nations: In a strong message to the developed nations, Lok Sabha Speaker Sumitra Mahajan has said that sustainable development and a victory in the war against climate change cannot be attained on the backs
Washington: India has recovered from its relative slump and its growth is expected to exceed five per cent again, a top IMF official said even as the global lender forecast the world growth to be
Accra: By the end of next year, the three core Ebola hit countries in West Africa -- Liberia, Sierra Leone, and Guinea -- will lose about $809 million in their economies, the World Bank predicted.This
Washington: The World Bank Monday launched a new website to allow users to track the progress of the bank's projects and check whether the group is meeting its key targets, including poverty reduction and boosting
New Delhi: The world is heading for a global job crisis, which is hurting the chances of a swift economic recovery, the World Bank warned on Tuesday.In a study released at a G20 Labour and
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