The heightened fiscal and external risks as well as the challenging political situation pose significant uncertainty to the economic outlook
26 Apr 2022 1:32 PM
The IMF has commended the steps already taken by the Finance Minister to mitigate the present financial situation in Sri Lanka
20 Apr 2022 1:49 PM
Industrial production in China and India has been negatively impacted by electricity shortages amidst insufficient electricity availability
25 Oct 2021 7:27 AM
World Bank's vice president for sustainable development said that the data give a 'global estimate' of the scale of potential migration
14 Sep 2021 3:11 AM
The Index update includes health and education data for 174 countries covering 98 per cent of the world's population up to March 2020
17 Sep 2020 2:46 PM
The programme will address immediate liquidity and credit needs of nearly 15 lakh viable MSMEs
07 Jul 2020 10:31 AM
The outlook for the world’s poorest looks grim unless governments do more and do it quickly, says a UNU report
12 Jun 2020 12:03 PM
Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this year
09 Jun 2020 11:06 AM
Global equities have received a boost this week as governments around the world gradually loosened their coronavirus lockdown restrictions
21 May 2020 8:55 AM
The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly virus
20 May 2020 1:33 PM
The World Bank warned the crisis could leave about 60 million in extreme poverty
20 May 2020 9:08 AM
This takes the total commitment from the World Bank towards emergency COVID-19 response in India to $2 billion.
15 May 2020 12:16 PM
Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis
23 Apr 2020 1:04 PM
The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries
03 Apr 2020 9:44 AM
All these caveats notwithstanding, the conclusion of the paper has turned out to be controversial and damning.
28 Feb 2020 2:09 AM
The World Bank shaved 0.2 percentage point off of growth for both years.
09 Jan 2020 9:53 AM
India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.
19 Dec 2019 5:33 PM
Panneerselvam is currently on an official tour of the US.
14 Nov 2019 4:41 PM
Appreciating the government move to cut the corporate tax rate, Malpass said, it should add to more growth.
27 Oct 2019 11:47 AM
India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.
24 Oct 2019 4:07 PM