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World Bank

World Bank Retains India's Economic Growth Forecast At 8.3% For FY 2022

Jan 12, 2022 Press Trust of India

India's economy is expected to expand by 8.3 per cent in the fiscal year 2021-22, unchanged from last June's forecast as the recovery is yet to become broad-based.

India Received $87 Billion In Remittances In 2021: World Bank

Nov 18, 2021 Outlook Business Team

In India, remittances are projected to grow three per cent in 2022 to $89.6 billion, reflecting a drop in overall migrant stock, as a large proportion of returnees from the Arab countries await the return.


India’s Recent Economic Reforms Hailed In US: Nirmala Sitharaman

The Union Finance Minister Nirmala Sitharaman currently on her US visit said Joe Biden administration and US corporates have hailed India’s recent economic reforms.

India’s ‘Maitri’ Played Major Role In Global Covid-19 Fight: Nirmala Sitharaman

Oct 15, 2021 Outlook Web Desk

Union Finance Minister Nirmala Sitharaman said India’s pandemic response has focused on the ‘twin goals of saving both the lives and livelihoods’.


UN, World Bank, IMF Need Urgent Reforms: FM Sitharaman In US

Speaking at Harvard Kennedy School, Finance Minister Nirmala Sitharaman said that these institutions don't speak for countries with issues unattended for years thus, urgent reforms in United Nations, World Bank and International Monetary Fund are needed.

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13 October, 2021

Union Finance Minister Nirmala Sitharaman To Meet Her US Counterpart Yellen For EFP

Outlook Web Desk

Union Finance Minister Nirmala Sitharaman will meet US Treasury Secretary Janet Yellen on the sidelines of the annual meetings of the IMF and World Bank India Economic and Financial Partnership (EFP).


18 September, 2021

EXPLAINER: Why World Bank is under fire over set of rankings

Associated Press (AP)

Many companies and investors around the world use the World Bank’s “Doing Business” report to help decide where to invest money, open manufacturing plants or sell products.


18 September, 2021

News Of Manipulation Of World Bank’s Doing Business Report Shocking: Kaushik Basu

Outlook Business Team

The World Bank had announced on Thursday that it would discontinue publication of its 'Doing Business' report citing irregularities reported in its 2018 and 2020 editions


27 August, 2021

FM Promises Sanction Of Rs 1300 Cr Package For Development Of Tripura's Tribal Belt In 10 Days

Outlook Web Desk

Addressing a meeting after inaugurating a slew of 11 projects at Mohanpur, about 50 km from here, Sitharaman said the Rs. 1300-crore project with World Bank funding would ensure an all-round development in the state's tribal areas.


25 August, 2021

Himachal Pradesh Approves Rs 1,813 Crore World Bank Project To End Shimla's Water Woes

Ashwani Sharma

The Himachal Pradesh cabinet has approved a draft package for a Rs 1,813 crore World Bank-funded project to secure a 24x7 water supply in Shimla.


29 July, 2021

Burundi Government Finally Accepts COVID-19 Vaccines

Associated Press (AP)

Health Minister Thaddee Ndikumana on Wednesday said the vaccines will arrive with the support of the World Bank. It was not immediately clear how many doses the East African country will receive or when.


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09 June, 2021

Covid Second Wave: World Bank Slashes India's Growth Forecast To 8.3% in FY22

Outlook Web Bureau

The global lender projected a 7.5 per cent economic growth for India in the 2022-23 fiscal


05 June, 2021

Maharashtra-Based Teacher Who Won Global Teacher Award Now On World Bank Panel

Outlook Web Bureau

Ranjitsinh Disale, who hails from from Paritewadi in Maharashtra, will join 11 others on the World Bank's recently created Global Coach Programmes' International Technical Advisory Board.


31 March, 2021

India’s GDP Growth Likely To Be 7.5 to 12.5%, World Bank Says ‘Amazing How Far India Has Come’

Outlook Web Bureau

According to the World Bank, India’s economy has bounced back but it is not out of the woods yet.


05 January, 2021

Indian Economy Likely To Contract By 9.6 Percent In 2020-21: World Bank

PTI

‘In India, growth is expected to recover to 5.4 per cent in 2021,’ the World Bank said


06 December, 2020

Banking Industry To Address Cyber Attacks By Upgrading IT Infrastructure

PTI

The sector has been facing several challenges with respect to ensuring data security, says report


15 November, 2020

‘Hunger Rates Are Sky-Rocketing Around The World’

Team Poshan

A new report has found global hunger and population displacement could surge as people on the move and those reliant on a dwindling flow of remittances desperately seek work to support their families.


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21 October, 2020

356 Million Children Living In Extreme Poverty; COVID-19 To Exacerbate: UN

PTI

UNICEF, World Bank Group warn that any progress made in recent years, has been 'slow-paced, unequally distributed, and at risk' due to the economic impact of the pandemic.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

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Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

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Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

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Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

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