Latest World Bank News & Updates

Chennai, Jan 27 (IANS) Chief Minister M.K. Stalin will inaugurate a two-day Global Women’s Summit in Chennai on Tuesday, as the Tamil Nadu government brings together policymakers, international organisations, industry leaders and civil society representatives to deliberate on women’s employment, safety and workplace inclusion.According to an official press release issued by the state government, the summit is being organised under the Tamil Nadu Women Employment and Safety Scheme, implemente…

Davos, Jan 21 (IANS) Karnataka Deputy Chief Minister D.K. Shivakumar on Wednesday extended an invitation to investors at the World Economic Forum (WEF) in Davos to invest in Bengaluru. “Bengaluru is the city of the future. We have excellent weather, culture and human resources. Many global companies are thriving in the city. I welcome you also to our city,” the Deputy CM Shivakumar told the investors in an address at the World Economic Forum.“More than 500 of the top global companies are o…

Chennai, Jan 20 (IANS) The Tamil Nadu government has moved ahead with an ambitious ecological restoration plan by inviting bids for the development of the Kadambur Biodiversity Conservation Park near Chengalpattu. The project will be implemented under the World Bank-aided Tamil Nadu Strengthening Coastal Resilience and Economy (TN-SHORE) programme and is designed to restore degraded landscapes while promoting climate resilience and sustainable eco-tourism.Planned across an expanse of 137.65 hect…

Agartala, Jan 16 (IANS) After Tripura, the Assam government is also keen to supply its surplus electricity to Bangladesh, Tripura Chief Minister Manik Saha said here on Friday, referring to his Assam counterpart Himanta Biswa Sarma.Assam Chief Minister Sarma, who arrived here on Thursday on a two-day visit to Tripura, had dinner with his Tripura counterpart at the latter’s official bungalow on Thursday night, during which they discussed various issues concerning the two states.“During our di…

New Delhi, Jan 16 (IANS) The World Bank on Friday approved a loan of $286 million for a new programme to enhance access to healthcare for over 90 million people in West Bengal.The West Bengal Health System Reform Programme Operation will support delivery of personalised healthcare services across the state for people over 30 years through digital tracking measures for non-communicable diseases (NCDs) such as hypertension and diabetes.It will also bring a patient-centric care approach to the stat…

New Delhi: Pakistan is trying to sell two futures at once — and neither is guaranteed. Even as Islamabad markets the JF-17 as a “budget multirole” fighter to cash-strapped air forces, it is simultaneously advertising its coastline as the next energy frontier, awarding offshore oil and gas blocks after years of exploration disappointment. The spectacle is revealing: a state scrambling to monetise both defence and geology because it lacks the one commodity that matters most — a strong econ…

Washington, Jan 13 (IANS) The global economy is showing greater resilience than expected despite historic trade tensions and policy uncertainty, with growth projected to remain broadly steady over the next two years, the World Bank said on Tuesday.In its latest Global Economic Prospects report, the World Bank said that global growth is projected to ease to 2.6 per cent in 2026 before edging up to 2.7 per cent in 2027, an upward revision from earlier forecasts.The stronger-than-anticipated perfor…

Washington, Jan 13 (IANS) Pakistan’s economy is expected to remain largely stagnant, with growth hovering around 3 per cent, as structural weaknesses and climate shocks continue to weigh on activity, the World Bank said on Tuesday.The World Bank estimates Pakistan’s economy grew 3.0 per cent in FY2024-25 and projects growth to remain at 3.0 per cent in FY2025-26, before edging up modestly to 3.4 per cent in FY2026-27, according to its latest Global Economic Prospects report.The report said r…

Washington, Jan 13 (IANS) India’s economy is projected to remain among the world’s fastest-growing major economies, with growth estimated at 7.2 per cent in FY2025-26, supported by strong domestic demand despite rising global trade tensions, the World Bank said on Tuesday.In its latest Global Economic Prospects report, the World Bank said India’s resilience helped lift overall growth in South Asia in 2025, offsetting the impact of heightened policy uncertainty and global trade frictions.Grow…

Ahmedabad, Jan 11 (IANS) Rwanda’s High Commissioner, Jacqueline Mukangira, lauded the Vibrant Gujarat Regional Conference on Sunday and underlined the warm and growing ties between India and Rwanda. Recalling Prime Minister Narendra Modi’s 2018 visit to Kigali, where he presented 200 Gir cows to economically vulnerable families, she expressed deep appreciation for the gesture.She noted that Rwanda’s President has visited India five times and attended the 2017 Vibrant Gujarat Summit, reflec…