In a major report prepared for the World Bank by the Potsdam Institute for Climate Impact Research and Climate Analytics, the rise in temperature will trigger a cascade of cataclysmic changes that include extreme heat-waves, declining global food stocks and a sea-level rise affecting hundreds of millions of people.
About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.
Top Indian athletes, including Animesh Kujur and Praveen Chithravel, are set to compete in the inaugural National Indoor Championships in Bhubaneswar, viewing it as crucial preparation for the Asian Games.
Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.
The Union home ministry has cancelled the Foreign Contribution Regulation Act (FCRA) registration of the Centre for Policy Research (CPR) for alleged violation of laws, a move the public think-tank termed "incomprehensible and disproportionate" and vowed to seek legal recourse against.
For that to happen America does not have to lose. It only has to do the right thing, asserts Aakar Patel.
The World Bank on Tuesday projected India's economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is being hampered by an unprecedented second wave of the COVID-19, the largest outbreak in the world since the beginning of the deadly pandemic. The Washington-based global lender, in its latest issue of Global Economic Prospects released here, noted that in India, an enormous second COVID-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of Fiscal Year 2020/21, especially in services.
The World Bank condoled the Mumbai blasts and expressed "deepest sympathies" to the families of the victims. \n
'Portfolios built in these phases often deliver the strongest outcomes over time.'
What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.
World Bank president James D Wolfensohn will begin his two-day India visit from Wednesday to monitor the bank-funded schemes and discuss with government officials ways to step up lending to the country.
'Portfolios built in these phases often deliver the strongest outcomes over time.'
'When I asked for an amicable separation, I was told that my professional background & achievements were irrelevant & was advised to take up work as a cleaner or in a supermarket in the small village where we lived in Austria, simply to retain the joint custody of my children.'
Top Indian athletes, including Animesh Kujur and Praveen Chithravel, are set to compete in the inaugural National Indoor Championships, using the event as preparation for the Asian Games later this year.
The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.
Paul D Wolfowitz took charge as the World Bank's 10th President on Wednesday.
India's real GDP grew 8.2 percent in the second quarter of 2025-26, up from 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last fiscal.
Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.
Kerala's 2026 assembly election will see a three-cornered contest where religion and communalism have emerged as central themes for the first time, challenging the state's long-celebrated secular fabric.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
Cyber threats aren't always invisible -- sometimes they're right beside you.
Kolkata Knight Riders will be looking for their spinners to rediscover their form against Sunrisers Hyderabad in their IPL match.
The Indian women's hockey team began their FIH World Cup Qualifiers 2026 campaign with a convincing 4-0 victory over Uruguay, showcasing a dominant performance in Hyderabad.
For the remaining projects, it is difficult to arrive at an estimate.
Malhotra said India will be strong contenders to land the title in the showpiece, citing the right blend of youth and experience in the Harmanpreet Kaur-led squad.
One of the notable celebrations includes the Rath Yatra -- a spectacular procession through the streets with Lord Mahavir's idol on a chariot, with followers accompanying it while chanting hymns and performing prayers.
Surprised at the World Bank's decision to appoint a neutral expert, as sought by the Indian government, and at the same time establish a Court of Arbitration as wanted by Pakistan, India said proceeding with both the steps simultaneously "legally untenable".
Piyush Chawla and Irfan Pathan say Sanju Samson could transform Chennai Super Kings in the IPL 2026 season as the team aims for a record sixth title under captain Ruturaj Gaikwad.
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.
In a critical comment on India, one of the fastest-growing economies in the world, the World Bank said that robust economic growth and food security alone would not remove the tag of being 'one of the most malnourished nations'.
Responding to questions, the World Bank president insisted that this slowdown is temporary.
A Varanasi court has remanded 14 people to judicial custody after they allegedly held an Iftar party and consumed chicken biryani on a boat in the Ganga river, sparking outrage and accusations of hurting religious sentiments.
Head coach Santiago Nieva is focusing on technical discipline and a tighter defensive guard for the Indian women's boxing team at the Asian Championships in Ulaanbaatar, Mongolia.
Discovering the stunning land of breathtaking temples.
World Bank resumed financing the Mumbai Urban Transport Project on Thursday lifting the suspension imposed in March.
Even as the World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growing major economy in the world, the World Bank officials said.
By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.
The OnePlus 15T has been officially listed in OnePlus/OPPO's China store and is set to launch on March 24, 2026, marking its entry as a compact flagship focused on performance and battery life.
