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Strengthening ties with US has been Central to PM Modi's agenda since taking office: World Bank President Ajay Banga

Speaking to ANI on the sidelines of the 79th United Nations General Assembly, Ajay Banga said the Prime Minister meeting with the CEOs was an effort to ensure that India remains a strong partner in possible manufacturing opportunities, including semiconductors....
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Bangladesh's interim government requests $1 billion from World Bank for energy crisis

The ongoing financial crisis and political instability have drawn international attention, with the interim government now relying on global support to stabilize the economy and meet critical energy needs....
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Meet TV Somanathan, newy appointed as cabinet secretary of India

The Appointments Committee of the Cabinet confirmed the appointment of TV Somanathan, IAS (TN:87), to the position of Cabinet Secretary. His tenure will last for two years. ...
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World Bank predicts 75-year journey for India to escape from middle-income trap

The middle-income trap occurs when a nation’s per capita income becomes stuck at around 10% of GDP per capita, approximately $8,000....
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Why is India’s gold in Bank of England? What is 'City of London' where world stores its gold?

The Bank of England is located in the 'City of London,' a unique jurisdiction with its own police, laws, and court system. ...
The World Bank

India tops global remittance charts at USD 125 billion in 2023: World Bank

The World Bank report highlights India's significant position as the top remittance recipient, drawing attention to the evolving dynamics in the remit...
Ajay Banga

Israel-Hamas conflict: World Bank chief Ajay Banga warns economic fallout

Ajay Banga raised concerns over the ongoing conflict between Israel and Hamas. ...

World Bank retains India’s 2023-24 GDP growth at 6.3%

The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3% and noted that the country continued to show resil...

G20 Summit: “India’s G20 presidency set path for world,” says Ajay Banga

World Bank President Ajay Banga on Sunday lauded India’s contribution towards G20 declaration that was anonymously adopted by all G20 nations dur...

India’s digital public infrastructure goes beyond financial inclusion during G20

World Bank, ahead of scheduled G20 Summit has made a big claim about India’s financial impact on the economy. The international financial institu...

World Bank President Ajay Banga to attend G20 meeting in India

The G20 Finance Ministers and Central Bank Governors Meeting will be held in Ahmedabad, Gujarat, the week after next, and World Bank President Ajay...

World Bank president Ajay Banga among ‘Great Immigrants’ list 2023

Ajay Banga, president of the World Bank, has been named in the annual ‘Great Immigrants’ list of honorees who have improved and bolster...

Indian American Ajay Banga is the new World Bank President

Indian American Ajay Banga has been selected as President of the World Bank for a five-year term, with an effect from June 2, 2023. Join us in welc...

Ajay Banga to become the new president of the World Bank

Ajay Banga has made history by becoming the World Bank’s first Indian-born president. US President Biden nominated him for the position more ...

World Bank announces Ajay Banga as its new President

The 25-member executive board of the World Bank on Wednesday elected former Mastercard CEO Ajay Banga as president for the term of the next 5 years...

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