Thursday, October 21, 2021
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World Bank

IMF, World Bank urged to ensure timely delivery of Covid vaccines across nations 

The panel noted that the COVID-19 pandemic has caused unprecedented public health, economic and social crisis, threatening the lives and livelihoods of millions.

Cash isn’t best to fight poverty

It can help when immediate assistance is critical but there is simply no one-size-fits-all approach to poverty alleviation

Real GDP growth to be 7.5-12.5 pc: World Bank

"India is bouncing back by opening up activities, starting vaccination and leading in vaccine production," Hans Trimmer, Chief Economist of World Bank.

Indo-Pak impact on Afghan talks

It is nice that the US is including India in the Afghan initiative but Pakistan’s centrality has been spelt out clearly

Freedom in fetters

The perceptions of erosion of democratic values and backsliding need to be addressed, not dismissed

‘Foundation for Futuristic Cities’ founder Karuna Gopal bags Skoch Challenger Award

Hyderabad: Karuna Gopal, president, Foundation for Futuristic Cities, has been conferred the Skoch Challenger Award, a prestigious civilian honour instituted by the Skoch group,...

Global economy to expand by 4% in 2021: World Bank

Growth is expected to recover to 5.4 per cent in 2021 as the rebound from a low base is offset by muted private investment growth given financial sector weaknesses.

Indo Data Week from November 16

Hyderabad: The second edition of Indo Data Week for Sustainable Development Goals will be held virtually from November 16 to 22. It will kick...

UN, World Bank urge school openings amid pandemic

"We don't need to look far to see the devastation the pandemic has caused to children's learning across the world,"

‘World experiencing one of the deepest recessions since Great Depression’

World Bank President David Malpass welcome countries that are keeping open their export markets, and also countries that are able to change their subsidy systems in order to allow more food availability.

India ranks 116 in World Bank’s human capital index

The 2020 Human Capital Index update includes health and education data for 174 countries – covering 98 per cent of the world's population – up to March 2020.

Facebook India grants Rs 32cr to help 3,000 small businesses

Facebook and Instagram also launched capabilities for businesses to drive the discovery and sale of Gift Cards.

Pandemic to economic pandemonium

A national task force should be constituted to deal with health as well as economic crises

World Bank to give $750 mn support to MSMEs

Lauding the government's Rs 3.7 lakh crore MSME support package under 'Atmanirbhar Bharat', World Bank country director in India Junaid Ahmad said the RBI also has used different instruments to infuse liquidity in the market either through banks or SIDBI

Need more ease of doing business for self-reliant India: CII

The industry body has identified immediate and medium term measures in terms of ease of doing business to boost the economy.

Indian economy to shrink by 3.2% this fiscal: WB

Making the forecast for India, the Bank said: "Stringent measures to control the spread of the virus will heavily curtail activity, despite some support from fiscal and monetary stimulus. Spillovers from weaker global growth and balance sheet stress in the financial sector will also weigh on activity."

World Bank approves USD 1 bn to support India’s fight against COVID-19

A USD 1 billion support was announced last month to support India's health sector.

Pakistan formally applies for G-20 debt relief

Pakistan owes USD 20.7 billion to 11 members of the Group of 20 major economies.

Dormant Centre must step up

Instead of merely issuing guidelines, the Central government must actively help States deal with the current crisis

World Bank approves USD 400 mn to enhance India’s coastal resources

The USD 400 million loan from the international bank for Reconstruction and Development (IBRD) has a final maturity of 14.5 years including a grace period of five years. 

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