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Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

India must create 8.1 million jobs annually, says World Bank report

India needs to create 8.1 million jobs a year to maintain its employment rate.

16 April 2018 6:44 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.

World Bank, IFC to host venture capitalists in Goa: Prabhu

He also informed that Goa will observe 'Innovation Day' on April 26.

16 April 2018 4:41 PM IST

According to the last World Bank report 2017, Indias ranking improved by just one notch to 130 from a revised rank of 131 previous year.

World Bank raises 2018 East Asia growth forecast

World Bank raised its growth outlook for China this year to 6.5 per cent from its Oct forecast of 6.4 per cent.

12 April 2018 10:57 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 can do a Silicon Valley in 5 years: World Bank

In developing countries, the concept of national innovation system must be expanded.

3 April 2018 3:25 PM IST

Chief Economic Advisor Arvind Subramanian

Improve common man's standard of living, says CEA Arvind Subramanian

He said the Centre's current priority should be to enhance the standard of living of common man.

20 July 2018 1:05 PM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

India poised to pip Britain to become 5th largest economy next year:...

India's GDP was valued at USD 2.597 trillion at the end of 2017 overtaking the French economy.

13 July 2018 3:29 PM IST

An air-conditioned local train on Western Railway.

MRVC plans to procure AC rakes on lease

These 210 AC rakes will be used on Panvel-Virar corridor, Kalyan-Ashangoan, Kalyan-Balapur, Goregoan-Borivali, and...

12 July 2018 5:07 AM IST

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 IST

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...

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

24 Oct 2019 4:07 PM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

Improvement in ease of doing biz ranking outcome of Modi govt's...

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

24 Oct 2019 3:18 PM IST

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...

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

24 Oct 2019 8:13 AM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

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

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

23 Oct 2019 5:22 PM IST