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World Bank report: Covid-19 pushed over 56 million Indians into poverty in 2020

World Bank report: Covid-19 pushed over 56 million Indians into poverty in 2020

The report titled "Poverty and Shared Prosperity 2022" stated that the pandemic proved to be a major setback to global poverty. It led to a rise in the global extreme poverty rate, which increased from 8.4 percent in 2019 to 9.3 percent in 2020.

13 Oct 2022 4:31 AM GMT

World Bank slashes Indias FY23 growth forecast to 7.5%

World Bank slashes India's FY23 growth forecast to 7.5%

8 Jun 2022 3:30 AM GMT

Global bodies accept Indias declining poverty: Modi claims

Global bodies accept India's declining poverty: Modi claims

"Talks" of corruption/scams replaced by ''ease of doing business'': PM

1 Jun 2022 12:00 PM GMT

Centre announces 7.5 Cr scheme to reduce road accidents

Centre announces 7.5 Cr scheme to reduce road accidents

Centre to partner with World Bank for implementation

17 March 2022 7:18 AM GMT

World Bank to provide $3 billion support package to Ukraine amid Russian invasion

World Bank to provide $3 billion support package to Ukraine amid Russian invasion

Washington: Amid the deteriorating situation and humanitarian crisis in Ukraine, the World Bank announced Tuesday...

2 March 2022 3:28 AM GMT

World Bank mishandled sexual misconduct claims: Internal Tribunal

World Bank mishandled sexual misconduct claims: Internal Tribunal

Washington: The World Bank failed to protect two young employees who filed sexual-harassment allegations against a...

19 Oct 2021 5:03 AM GMT

IMF yet to decide retention of chief Kristalina Georgieva: Report

IMF yet to decide retention of chief Kristalina Georgieva: Report

The International Monetary Fund has revealed on Sunday that it still has not come to any decision as to whether head...

11 Oct 2021 4:46 AM GMT

World Bank approves $250 mn project for supporting dam safety in India

World Bank approves $250 mn project for supporting dam safety in India

New Delhi:The World Bank on Wednesday signed a $250 million project with Indian government for long-term dam safety...

4 Aug 2021 2:29 PM GMT

Sri Lanka inks deal to avail $80.5mn additional aid from World Bank

Sri Lanka inks deal to avail $80.5mn additional aid from World Bank

Colombo: Sri Lanka and the World Bank have signed an $80.5 million additional financing deal to help strengthen the...

18 May 2021 6:42 AM GMT

Countries, including India, cut down on education budget due to Covid: World Bank

Countries, including India, cut down on education budget due to Covid: World Bank

According to a World Bank report, the education budgets in economically backward countries have been slashed by 65 per...

1 March 2021 2:35 PM GMT

World Bank cautions Indians against fraudulent credit, debit cards

World Bank cautions Indians against fraudulent credit, debit cards

The World Bank Group does not issue debit/credit cards

7 Nov 2020 5:33 AM GMT

The poor stay poor; the rich get rich, World Bank report

The poor stay poor; the rich get rich, World Bank report

While the World Bank's biennial report has estimated that 88 to 115 million people shall be pushed into extreme poverty...

21 Oct 2020 3:01 PM GMT

Centre nods to World Bank-backed 'STARS' project

Kerala, Himachal Pradesh, Rajasthan, Maharashtra, Madhya Pradesh, and Odisha are covered under the project

14 Oct 2020 1:16 PM GMT

Indias GDP is Expected to Contract 9.6 % This Year, World Bank Report

India's GDP is Expected to Contract 9.6 % This Year, World Bank Report

In extension, India’s GDP is expected to contract 9.6 per cent in the fiscal year that started in March.

9 Oct 2020 6:28 AM GMT

World Bank may project steeper contraction of Indian economy for FY21

World Bank may project steeper contraction of Indian economy for FY21

In May, the World Bank had projected the Indian economy to contract by 3.2 per cent in FY 2020-21, and predicted rebound...

19 Aug 2020 12:31 PM GMT