Page 16 - World Bank

World Bank cuts lending to China after Trump objects to long-term loans

"Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don't, they create it. STOP!" Trump wrote on Twitter Friday

Trump calls for World Bank to stop loaning to China, day after lending deal

The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.

World Bank plans $1 billion-plus annual lending to China; US objects

The World Bank said its lending would decline over the 'country partnership framework' plan, in line with reforms agreed under a $13 billion capital increase agreed in 2018

Why isn't manufacturing coming to India? Deficient reforms, says World Bank

Rigid land and labor laws and protectionist trade policies are hindering investment in India even though the government has made strides in improving the ease of doing business, according to the World

IFC to invest $200 mn in Mahindra Finance to fund MSMEs in poor states

At least $100 million will be earmarked for women-owned micro, small and medium enterprises

Andhra govt hopes to get $60 mn loan from World Bank for watershed project

The REWARD project would be implemented in Karnataka and Odisha apart from AP, with the World Bank lending a sum of $178 million for the three states

Economic insecurity of youth to shape India's politics, says report

The issue of unemployment and underemployment has been an unavoidable topic in India's politics and slower economic growth has translated to poor employment numbers

The problem with investment scores

The various reports on investment climate of states do not match the ground reality

IRFC, World Bank may fund govt's Rs 1-trn plan to upgrade railway stations

The government's plan was to redevelop at least 600 stations at an investment of Rs 1 trillion

India and its Brics dilemmas

The five-country group faces challenges arising from bilateral differences and diverse political systems

Randstad's net employee addition could stagnate this year due to slowdown

India's stood addition at 10,000-12,000, as opposed to a 67% growth last year; however, agency says no cause of immediate alarm in job market though economy is muted

Banks must act now or risk becoming a 'footnote', cautions McKinsey

Banks allocate just 35% of their information-technology budgets to innovation, while fintechs spend more than 70%, McKinsey said

The global outlook could be worse than 'low for long'

The surest way out would be for governments to work together, while moving to bolster growth at home

Slowdown pangs: Sep quarter GDP growth may slip below 5%, says govt

This is in-line with most revised estimates by government bodies, research firms and ratings agencies

Economics and good intentions

Good intentions are best left to political parties, governments and religious establishments

Struggling India needs more trade; RCEP may just be the right card to play

Modi has long sought to portray himself as both a reformer and a global statesman. A bold decision would not only shore up his reputation , it would point India in the direction of recovery

Ease of doing business: Creditable progress, but now comes the hard part

India has climbed 14 spots to stand 63rd in World Bank's Ease of Doing Business ranking, but the momentum must be backed by stable policy

India needs more reforms to be competitive: World Bank President Malpass

David Malpass says corporate tax cut should add to more growth

World Bank to continue with $6 bn annual lending support to India

The visiting head of the World Bank earlier in the day met Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman

India rises 14 places to 63rd in global Ease of Doing Business rankings

In the latest report, India managed to better its ranking on seven of the World Bank's 10 parameters