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RBI kept interest rates unchanged despite calls for lowering it while it slashed the economic growth projection by half a per cent to 7.1 in the first policy review post demonetisation.

India has huge potential, might bypass China in 2018: World Bank

'India has an ambitious government undertaking comprehensive reforms,' said the Director of Development Prospects Group,...

10 Jan 2018 8:08 AM IST

The Prime Minister said that the hopes and aspirations of people of India are at the highest level at this time and today the World Bank and International Monetary Fund (IMF) look at India in a positive way. (Photo: ANI/Twitter)

India is transforming, World Bank, IMF positive towards us now: Modi

Modi also added that considerable change has only taken place in the last three years because of BJP's principal 'reform...

9 Jan 2018 12:21 PM IST

Chinese President Xi Jinping (Photo: AP)

Watch out for Land of Morning Warning'

Japan is universally known as the Land of the Rising Sun and the Korean peninsula as the Land of Morning Calm.

5 Jan 2018 12:10 AM IST

Supreme Court of India (Photo: Asian Age)

Sparks fly in Supreme Court over Aadhaar

It is incorrect to say that Rs 70,000 crores had been saved due to the ceding of Aadhaar, says Divan.

2 Feb 2018 5:22 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India inks USD 125 mn loan pact with World Bank

Objective of the project is to nurture indigenous innovation, foster local product development.

25 April 2018 2:54 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

Prices of energy commodities to rise by 20 pc this year: World Bank

Agricultural commodities, including food commodities and raw materials, are anticipated to see a price rise of over two...

25 April 2018 1:58 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India signs USD 210 million loan pact with World Bank

The project will cover 10,510 km stretch of rural roads in Madhya Pradesh that fall under the CMGSY programme.

24 April 2018 4:32 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India receives USD 69 bn remittances in 2017; retains top slot

India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 billion...

23 April 2018 1:29 PM IST

Pradhan Mantri Jan Dhan Yojana was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.

Deposits in Jan Dhan accounts cross Rs 80,000 crore

India's financial inclusion efforts have won recognition from the World Bank.

22 April 2018 1:56 PM IST

India has pressed the BRICS nations to set up an independent rating agency of the five-member group.

India pitches for BRICS credit rating agency

India has pressed the BRICS nations to set up an independent rating agency of the five-member group.

20 April 2018 4:57 PM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

India contributing to global growth in financial inclusion: World Bank

Report states that about 51.4 crore accounts have been opened globally from 2014 to 2017.

20 April 2018 10:21 AM IST

GDP numbers scheduled to be released on May 31.

World Bank predicts 7.3 per cent growth for India

The apex international financial institution forecasted a rate of growth of 7.5 per cent for 2019 and 2020.

17 April 2018 10:00 AM IST