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David Malpass

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India ready to back any effort for better environment, global wellness: Modi

Prime Minister Narendra Modi on Sunday launched the 'Lifestyle for the environment movement', a global initiative, and asserted that its vision is to live a lifestyle that is in tune with our......

World Bank approves $1bn COVID-19 aid for India

In South Asia, the World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka.  IMAGE: Railway police......

Imran Khan in US, will meet Trump on Monday

Pakistan Prime Minister Imran Khan arrived in Washington, DC on his maiden trip to the United States during which he will hold talks with Donald Trump and reboot bilateral ties that were hit after......

World Bank stops all projects in Russia, Belarus with 'immediate effect'

The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the......

Not going for lockdowns in big way, says Sitharaman

Amid surging coronavirus cases in India, Finance Minister Nirmala Sitharaman on Tuesday made it clear that the government would not go for lockdowns in a big way and only resort to local......

Remittances to India likely to see 23% drop: World Bank

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World......

6% growth rate looks like optimism

'Growth would have to be 7% in the October-March period, if the year as a whole is to clock 6%.''Who would bet on that when, in the world of real numbers, both exports and imports have continued to......

US Treasury's David Malpass bags World Bank's top job

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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