US Senators proposes bill to clamp down on World Bank lending to China
Three Republican Senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.
World Bank to reduce lending to China
The bank, which is led by former US Treasury official David Malpass, defended its approach in a brief s...
Government readies plan to push India into top 50 ease of business rankings
The government on Tuesday set out the roadmap to get India to bre...
View: A policy shift away from GDP generation, and towards improving development indicators, is long overdue
For India, there are three key steps we may explore. First, to measure the destruction of natural and social capital.
Narendra Modi meets ex-Union minister Arun Shourie at Pune hospital
Modi said in a tweet: "In Pune, I met former Union Minister Arun Shourie Ji. Enquired about his health and had a wonderful interaction with him. We pray for his long and healthy life".
India still has long way to go on reforms, says World Bank
Rigid land and labor laws and protectionist trade policies are hindering investment in India, it said.
India’s economic fundamentals are not weakening, they are unexploited: Aaditya Mattoo, World Bank
India can take lead in global trade negotiations to revive multilateralism: World Bank chief economist.
Indian growth story based on strong eco fundamentals: Ambassador Shringla
“India is on the march! It became a 3.0 trillion economy this year (IMF World Economic Outlook, Oct 2019). It took us nearly 60 years after independence to reach the 1 trillion mark, only 12 years since then to take it to 3.0 trillion and only 5 years, from 2014-2019, to take it from 2.0 trillion to 3.0 trillion.
Indo-US partnership inherent to India’s growth story: Ambassador Shringla
Indian Ambasador to USA Harsh Vardhan Shringla also suggested that bilateral relationship between India and the United States is evolving fast both in the strategic and economic domains and this is key to India’s growth story. His comments are significant ahead of the 2+2 ministerial level dialogue on December 18.
Global policy uncertainty could push 7 mn in India, 31 mn globally into poverty: World Bank
Highlighting that India's exports could rise by about half a percentage point and income by 0.2% from trade diversion due to trade conflict between other countries, it cautioned worsening trade conflict leading to a slump in investor confidence to push more than 31 million people into poverty.
FM: More reforms to make India better investment destination
The government has taken various steps, including reduction of corporate tax, she said at the India-Sweden Business Summit here. "I only can invite and assure that the government of India is committed for further reforms in various sectors — whether it is banking, mining or insurance and so on," she said.
An off-and-on scourge for India's infra sector is now becoming serious
Maha just joined Andhra in the list of states where political whim is about to set progress back by years.
IFC to invest USD 200 million in Mahindra Finance
"IFC (International Finance Corporation) has invested USD 75 million from its own account and is mobilising another USD 125 million as parallel loans," it said.
Pet Pyari, climate change & Delhi smog: Pamela Anderson writes open letter to PM Modi, urges govt to serve vegan food at meetings
The letter was written by Anderson on behalf of PETA.
Iraq PM says will resign after bloody protests
Iraq's embattled premier announced Friday he would resign in keeping with the wishes of the country's top cleric, as renewed violence added to a soaring death toll in two months of anti-government protests.
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