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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.

Increasing exports can lead to better jobs, higher wages in India:...

India grew at a rate of 7.2 per cent in 2017, at the same time reducing the number of people living in poverty.

28 Feb 2019 3:43 PM IST

Leader of Pakistan Tahreek-e-Insaf party Imran Khan speaks at the National Assembly in Islamabad on Friday, moments before his elction as new Pakistan Prime Minister. AP Aug. 17, 2018. Pakistani lawmakers on Friday elected former cricket star and longtime politician Khan as the countrys next prime minister in a step toward third straight transfer of power from one civilian government to another one. (Photo; AP)

Pakistan to stay on FATF 'grey list' for the time being: Report

Pakistan will most likely stay on the grey list' of The Financial Action task force, that helps stop terror financing.

22 Feb 2019 3:55 PM IST

World Bank CEO Kristalina Georgieva.

WB, Sidbi, UN arm, Tatas launch Women's Livelihood Bonds

The fund to be raised through this bond will be around Rs 300 crore in multiple tranches over the next three months.

20 Feb 2019 12:46 PM IST

Prime Minister Narendra Modi

India to grow at a faster pace; could be second-largest economy by...

India has shown tremendous resilience as an anchor of the world economy, says PM Modi.

11 Feb 2019 12:32 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Rs 3 trillion investment in pvt power plants at risk of turning into...

Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.

24 March 2019 3:05 PM IST

It is the people who comprise the X-factor that makes all the difference in government projects.

Horse sense, and the promise of inclusive development

Equal attention has to be paid to implementation gaps in order to achieve success.

6 March 2019 2:38 AM IST

A farmer carries a paddy for transplantation on the outskirts of Guwahati.

World Bank to provide USD 250 mn to boost rural income

The project will help women in rural households develop viable enterprises for farm and non-farm products.

5 March 2019 7:06 PM IST

Abdul Hafeez Shaikh, who already served as finance minister from 2010-2013, has been appointed as Adviser on Finance but will be heading the finance ministry once again. (Photo:File)

Amid economic crisis, Imran Khan appoints new Finance Minister

Pakistani Prime Minister Imran Khan made a sweeping cabinet reshuffle on Thursday after only seven months in power.

19 April 2019 11:32 AM IST

Formal education, access to growth opportunities help people to upgrade their talent, while standard of living allows the country to hold back the talent (Photo: Representational)

G-20 chiefs: World economic growth to revive later this year

a trade standoff between the United States and China threatens to dim the economic outlook.

13 April 2019 12:26 PM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)

Jaitley addresses global investors on reforms, economic outlook

Economic Affairs Secretary Subhash Chandra Garg also attended the round-table meet.

10 April 2019 9:20 PM IST

The CPSE ETF comprises of 10 Maharatnas and Navratnas, with a firm focus on the energy sector. The Bharat 22 ETF is a lot more diversified, with 22 stocks from six sectors. In both funds, the majority of the underlying stocks are among the biggest corporate entities of India.

India highest recipient of remittances at USD 79 billion in 2018:...

China (USD67 billion), Mexico (USD36 billion), Philippines (USD34 billion), and Egypt (USD29 billion), followed India.

9 April 2019 12:16 PM IST

GDP stands for Gross Domestic Product.

Investment boost: World Bank says India GDP to grow 7.5 per cent this...

With robust growth, and food prices poised to recover, inflation is expected to converge toward 4 per cent.

8 April 2019 7:23 PM IST