‘India needs average 7.8% growth to be high-income economy’ – The Times of India
NEW DELHI : The World Bank has estimated that India will need to grow 7.8% on an average over the next 22 years to become a high-income economy by 2047…
IMF retains India’s FY25 growth forecast at 6.5% – The Times of India
NEW DELHI: The International Monetary Fund (IMF) on Friday retained India's growth forecast for 2024-25 at 6.5% but said that growth in the country has slowed more than predicted, led…
FM Sitharaman, World Bank chief Ajay Banga discuss private capital participation in Global Public Goods – Times of India
NEW DELHI: Union finance minister Nirmala Sitharaman and World Bank president Ajay Banga held discussions on various topics during their meeting on the sidelines of the World Bank and IMF…
India’s growth rate is among the shiniest parts in the world economy: Ajay Banga – Times of India
NEW DELHI: World Bank president Ajay Banga praised India's growth rate on Thursday, highlighting its resilience in the global economy. He mentioned that much of this growth is fueled by…
World Bank says 26 poorest nations in worst financial shape since 2006 – Times of India
The World Bank building is pictured in Washington, April 5, 2021. WASHINGTON: The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than…
India losing to smaller rivals in manufacturing: World Bank – Times of India
India’s global trade share hasn’t kept pace with its fast growing economy, and the country is losing out to rivals like Bangladesh and Vietnam as low-cost manufacturing export hubs, the…
Good news! World Bank raises India’s GDP growth forecast to 7% for FY25 – Times of India
Indian economy on a strong footing! The World Bank has revised upwards its projection for India's economic growth in the current fiscal year, increasing it to 7% from its previous…
India may take 75 years to reach 1/4th of US income per capita: World Bank – Times of India
NEW DELHI: India may take nearly 75 years just to achieve one-fourth of US income per capita, as per a recent World Bank report that offers the first extensive blueprint…
FDI norms in certain sectors likely to be eased under new government: DPIIT Secretary – Times of India
NEW DELHI: India has recently relaxed foreign direct investment norms in the space sector and there is a possibility of further FDI liberalisation in certain other areas when the new…