Congress general secretary Jairam Ramesh said Modi should take inspiration from former prime minister Indira Gandhi and stand up to the president of the United States.
Making a case for India to relax labour laws, World Bank has said such a move can generate more than eight lakh regular jobs in the manufacturing sector.
If the Bank's numbers are wide of the mark, they will make a difference to the poverty debate.
The outcome of the Doha trade round is more important to poor countries' economies than the US-led war with Iraq, World Bank President James Wolfensohn said on Monday.
Contradicting Pakistan's claims that India has a higher tariff regime, a World Bank report has said Islamabad's tariffs were 10 per cent higher than that of New Delhi and has asked it to reduce the same through a unified trade liberalisation policy.
Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.
Despite outstanding performances in the IPL and on the international stage, several big names failed to make the cut.
On average, Indian women are having fewer children than needed to maintain the population size from one generation to the next, without migration.
A fresh $1-billion (nearly 4,600-crore) loan from the World Bank under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), to be routed through the Union government, would be linked to cities adopting certain efficiency parameters.
The danger today, he said, is no longer, fortunately, one of a collapsing world economy. The danger today is one of complacency.
Taking a dig at India and other countries that believe economic activities must be spread geographically to benefit the poor, a new World Bank report has called for concentration of production, mobility of people and economic integration to lift rural people out of poverty. Population shift from villages to cities is natural and should be encouraged, it said.
The Indus Waters Treaty, brokered by the World Bank, has governed the use of the Indus River and its tributaries between India and Pakistan since 1960.
Jim Yong Kim, president of the International Bank for Reconstruction and Development concluded his three-day visit to India on Wednesday.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
The slowdown in global remittance flows that became evident in the last quarter of 2008 has continued in the first half of 2009. However, South Asian countries like India, Pakistan and Bangladesh have continued to post strong growth till now because of remittances from the Gulf region.
The World Bank will not reduce financial assistance to India for poverty alleviation measures because of the recent official data that showed a decline in the number of poor people in the country.
The multilateral agency had earlier projected that the world economy would expand by 3.6 per cent this year.
The Communist Party of India-Maoist on Tuesday finally broke its silence over the tragic death of Andhra Pradesh Chief Minister Y S Rajasekhara Reddy. The outlawed organisation described his death as the end of an era of a 'dictator, a war lord and an undemocratic World Bank agent'.Koteshwara Rao alias Kishenji, a senior underground leader of the CPI-Maoist, dismissed the outpouring of grief across the state after YSR's demise as an orchestrated show.
Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.
Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.
The World Bank, the United Nations and private sector partners recently launched a competitive development marketplace aimed at identifying and funding innovative approaches to reduce stigma and discrimination associated with HIV and AIDS in India and other South Asian countries. The initiative, called 'Tackling HIV and AIDS Stigma and Discrimination: From Insights to Action,' targets communities across India and the rest of the subcontinent.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
'That way you're not hostage just to US sort of exports to India.'
The new project will concentrate on the states of Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh, the Bank said.
'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'
On the eve of World AIDS Day 2011, the World Bank has released groundbreaking new evidence from India that demonstrates major advances in the understanding and prevention of HIV/AIDS of up to 3 million HIV/AIDS cases.
World Bank President Jim Yong Kim said on Tuesday that he sees much promise in Uttar Pradesh chief minister Akhilesh Yadav, with whom he held an hour-long meeting on Tuesday morning.
The Bank had predicted that China's GDP growth would slow to 8.7 per cent in 2011 in its last quarterly report released last November.
'We wrote to the bank a few weeks ago. We don't expect an immediate response as these things take time but we disagree with the claims they've made,' Australian IT quoted Tech Mahindra executive vice-chairman Vineet Nayyar as saying in Sydney. Satyam was blacklisted last September and a month later was forced to deny reports that its contractors had installed spy software on World Bank computers.
Attributing the growth to an upswing in consumption and investment, the World Bank has said India will continue to be the fastest growing major economy in the world.
Firmly rejecting the contention that rising consumption in developing nations was responsible for the soaring food and fuel prices, India has blamed the policies of World Bank and IMF and 'excessive and unsustainable' demand in developed countries for the crisis.
"Despite a booming economy, India's growth potential is constrained by inadequate electricity services and limited power generation and supply infrastructure... The power sector has improved in recent years, albeit in an environment where demand for electricity continues to outstrip supply," the bank said. The Bank has made three direct loans to Power Grid since 1993.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
India's gross domestic product (GDP) can grow at seven per cent or more, provided the process of reforms is expedited, the World Bank has said.
This was a soaring evening that sent hearts aflutter and for a few brief moments we tasted the breath of pure freedom that has been missing in this country for the past several years.
'Dayanand never needed an occasion to be present -- just a reason. And I've never had to look far when I needed a shoulder,' says Arun Khanna.
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