TAG: World Bank
India a standout performer amidst sluggish global growth trends: India's Economic Affairs Secretary tells WB committee
Despite a challenging global scenario, India's economy has shown robust growth over the past year backed by sustained consumption and investment demand, a top Indian official told members of a World Bank committee here.The GDP growth estimate for the fisc...
5 months ago
Shattered glass: Broken and bruised, Bangladesh emerges out of an economic mirage
With over 6 percent growth in a world straggling between 3 percent and 4 percent, Bangladesh's economic miracle was oft cited as a growth story that had gone right.Bangladesh stayed the course to expand 6.6 percent in FY25, with the momentum accelerating ...
2 months ago
World Bank upgrades its estimate of India's growth to 7% from 6.6% for FY25
The World Bank on September 3 upgraded its estimate of India's growth to 7 percent from 6.6 percent for financial year 2024-25.The World Bank expects India's medium term outlook to remain positive. Growth is estimated to remain strong in FY26 and FY27. Wi...
1 month ago
Govt looking to align some indicators of India’s BRAP 2024 index with the World Bank’s B-READY index
The government is aligning state business readiness rankings with the upcoming ease of doing business index of the World Bank, people aware of the development told Moneycontrol.In its next version of rankings, the 2024 Business Reform Action Plan rankings...
1 week ago
India went from 'taking advice' to 'giving advice' to the World Bank: Economist Jagdish Bhagwati
India's economic situation has completely transformed with the country moving from 'taking advice' to 'giving advice' to the World Bank in the present day, said Indian-American economist Jagdish Bhagwati."In the old days, the World Bank used to tell India...
1 week ago
Sri Lankan economy stabilised, says World Bank
Aided by critical structural and policy reforms, the Sri Lankan economy has stabilised after the deep crisis it suffered in 2022 with growth in 2024 expected to be 4.4 per cent up from the previous projections, the World Bank said on Thursday.“The good ne...
6 days ago