World Bank

Friday, Oct 22, 2021 | Last Update : 11:27 AM IST

Bank researchers in 2018 released a report on the impact of climate change on migration in South Asia, Latin America and sub-Saharan Africa, and projected 143 million people in those regions could be forced to move by 2050. (PTI)

Climate change could force 216 million from their homes: World Bank

World Bank's vice president for sustainable development said that the data give a 'global estimate' of the scale of potential migration

14 Sep 2021 3:11 AM

Last year, India had raised "serious reservations" over the Human Capital Index, wherein India was ranked 115 out of 157 countries. This year India finds itself at 116th from among 174 countries. (Representational Image: PTI)

India ranks 116 in World Bank's pre-pandemic human capital index

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

17 Sep 2020 2:46 PM

The World Bank on Monday signed a 750 million dollar agreement with the government for MSME emergency response programme. (AFP Photo)

World Bank, India sign Rs 5,600 crore support to COVID-19 hit MSMEs

The programme will address immediate liquidity and credit needs of nearly 15 lakh viable MSMEs

07 Jul 2020 10:31 AM

An Indian ragpicker collects reusable material from a garbage dump. Coronavirus pandemic could plunge an extra 395 million people into extreme poverty. (AP Photo)

Economic fallout from COVID-19 could push more than billion into ‘extreme poverty’

The outlook for the world’s poorest looks grim unless governments do more and do it quickly, says a UNU report

12 Jun 2020 12:03 PM

Global economy to plunge into worst recession since WW-II, says World Bank. (AFP Photo)

World Bank says global economy to shrink 5.2%, worst recession since WWI

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this year

09 Jun 2020 11:06 AM

Asia shares rise on hopes of rapid economic recovery

Global equities have received a boost this week as governments around the world gradually loosened their coronavirus lockdown restrictions

21 May 2020 8:55 AM

World Bank says covid19 to push 60 million into poverty; 160 billion assistance to 100 countries . (AFP Photo)

World Bank estimates 60 million people may fall into extreme poverty due to covid19

The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly virus

20 May 2020 1:33 PM

Asian equities rally stalls on lingering economic uncertainty

The World Bank warned the crisis could leave about 60 million in extreme poverty

20 May 2020 9:08 AM

World Bank clears $1 billion for India's fight against coronavirus

This takes the total commitment from the World Bank towards emergency COVID-19 response in India to $2 billion.

15 May 2020 12:16 PM

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic. (PTI Photo)

India's remittances likely to decline by 23% due to coronavirus: World Bank

Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis

23 Apr 2020 1:04 PM

Covid19: World Bank approves $1 billion emergency fund for India

The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries

03 Apr 2020 9:44 AM

The aid that the World Bank was giving to some of the world’s poorest countries appeared to be going directly into offshore accounts.

World Bank study points to where most foreign aid for the poorest goes

All these caveats notwithstanding, the conclusion of the paper has turned out to be controversial and damning.

28 Feb 2020 2:09 AM

Global trade growth is expected to improve modestly in 2020 to 1.9 per cent from 1.4 per cent in 2019.

World Bank trims 2020 growth forecast amid slow recovery for trade, investment

The World Bank shaved 0.2 percentage point off of growth for both years.

09 Jan 2020 9:53 AM

As per a release issued by the industry chamber, DPIIT Secretary Guruprasad Mohapatra said a district-wise ease of doing business plan is slowly evolving in which the four local bodies will partake in improving the business climate and ease of living, along with the centre and the state government. (Photo: Representational)

DPIIT optimistic of India breaking into top 50 in 'ease of doing biz' ranking soon

India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.

19 Dec 2019 5:33 PM

Panneerselvam was accompanied by Principal Finance Secretary S Krishnan, the release said. (Photo: File)

TN: O Panneerselvam meets World Bank officials, discusses funding for projects

Panneerselvam is currently on an official tour of the US.

14 Nov 2019 4:41 PM

Attributing slowdown in the Indian economy to the global environment, World Bank President David Malpass on Saturday suggested that further reforms and innovation will help spur growth in the country. (Photo: Twitter/ PMO)

Reforms, innovation to spur Indian growth: World Bank Chief

Appreciating the government move to cut the corporate tax rate, Malpass said, it should add to more growth.

27 Oct 2019 11:47 AM

Finance Minister Nirmala Sitharaman, while talking to reporters, said states too will have to make efforts in improving the business climate in India, especially with regard to property registration. (Photo: File)

Sitharaman promises further GST simplification to help India improve biz ranking

India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.

24 Oct 2019 4:07 PM

I am confident that this momentum of business reforms will be maintained and India will be among top 50 destinations as was envisioned by our PM, said CII Director General Chandrajit Banerjee. (Photo: Representational Image)

Improvement in ease of doing biz ranking outcome of Modi govt's reforms: India Inc

Industry bodies exuded confidence that India will climb the rankings further to be among the top 50 nations.

24 Oct 2019 3:18 PM

The country also figured among the top 10 performers on the list for the third time in a row. (Representational Image)

India moves up 14 spots to 63 on World Bank's ease of doing business ranking

New Zealand, Singapore and Hong Kong topped the list this year.

24 Oct 2019 8:13 AM

Now with the inclusion of Kolkata and Bengaluru, Indian ranking in the World Bank's report will present a much better picture, the official said. (Photo: Representational Image)

Kolkata, Bengaluru to be included in World Bank's doing business report

The report ranks 190 nations based on ten parameters, which includes ease of starting a business, construction permits among others.

23 Oct 2019 5:22 PM

1 of 11

Columns

Abhijit Bhattacharyya

world bank