President Donald Trump talked to the Saudi King, during which the latter flatly denied having any knowledge of the missing journalist.
Nation will not be immune to 2014-15 European banks debt obligations, says Kaushik Basu.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
A report released by the World Bank had indicated that the financial and socio-economic health of Jharkhand may improve earlier than expected.
The World Bank has asked the government to cut a slew of duties, including entertainment tax on broadband Internet connections in some states, on telecom services.
'We do not want people who are air dropped and who fly out once the job is done.' 'Ever since liberalisation started, we keep on hearing that it's going to be jobless growth.' 'This speaks of the failure of the foreign returned policy makers.' 'When questions are raised, answers should be given and not a resignation.'
A year ago, India's GDP was expected to grow at 8.2 per cent. Instead it is growing at 5.3 per cent.
Ruhl, a Dutch national, was previously the Director for Operations Services and Quality in the South Asia Region of the World Bank, the multi-lateral funding agency said in a statement on Monday.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
The ease of doing business has not picked up in a vast number of states and Union Territories.
India may cut its loan pipeline from the World Bank or pre-pay some of the amount as it is running the risk of exceeding the borrowing limit from the global lender in next three years.
Signing a memorandum of understanding in this regard with Confederation of Indian Industry's deputy director general Indrani Kar, World Bank President Robert Zoellick said the India Wildlife Business Council would lead the efforts to save tiger from becoming extinct.
After the World Bank nearly cancelled a $1.2 billion loan for the construction of Padma Bridge in Bangladesh, over charges of corruption, India has sought transparency from Dhaka in the implementation process of projects under the Indian Line of Credit worth US $800 million.
With economic activity buoyed by expectations from the new elected government of "Prime Minister Narendra Modi, India is benefiting from a 'Modi dividend'," the Bank said in its twice-a-year South Asia Economic Focus report on Monday.
Pranab said he had clarified this issue in no uncertain terms with US Treasury Secretary who had brought up this issue during bilateral talks.
Hours after the verdict was announced, Azad visited the dam site in the mountainous Doda district and met the engineers and workers who were jubilant at the verdict by the World Bank appointed arbitrator Prof Raymond Lafitte.
According to the provisions of the treaty, the decision of Professor Lafitte on all matters within his competence is final and binding.
This year's deliberations, on October 9-14, come in the backdrop of the persisting crisis in Europe and the US and its apparent effects on India, China and other countries supposedly driving growth.
Appreciating India's initiatives in containing spread of AIDS, vice president and corporate secretary of the World Bank Ngozi Okonjo-Iweala said the World Bank is working closely with New Delhi to further improve the health scenario in the country.
The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
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.
Most analysts as well as company executives say the rally in commodity prices is ill-timed coming just when firms were recovering from disruptions such as demonetisation & introduction of GST
This arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain IBRD's net exposure within the limit of US$ 17.5 billion established by the IBRD for lending to a large, highly creditworthy borrower like India.
It is time for India to rebalance itself by sorting out its social and health issues and reorganising its soft infrastructure
'The Modi Model we see now is still the old Gujarat Model.' 'But with an acknowledgement that governing India is more challenging than governing Gujarat,' notes Shekhar Gupta.
IMF said in 2017, India is likely to grow at the rate of 7.2 per cent instead of the earlier projected 7.6 per cent.
"We want a drop in interest rate. This (interest rate) is a huge problem now for us. Real interest rate in India today is touching six percent," Ficci chief Pankaj Patel said, arguing that there should be balance between growth, inflation, and interest rates.
The World Bank on Thursday projected Indian economy to grow at 8.7 per cent this year but estimated that the high growth would moderate in 2008 due to tighter financial and fiscal conditions.
When it comes to issue of women's jobs, there is quite a bit of anomaly in India.
If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.
Countries like India, China and the US, which pursued aggressive reforms, have improved their global trade logistics performance despite the slowdown in progress in the sector over the last two years amid the global recession, the World Bank has said.
With almost $ 1.815 billion out of the fund's bucket for the bridge, the fate of Bangladesh's most important bridge has now become uncertain.
Are the political parties in India fooling us on the issue of illicit wealth parked abroad by winking at the obvious.
Ashish Mehrotra, MD and CEO, Max Bupa Health Insurance, explains the changes we can expect in health insurance this year.
International Finance Corporation will put in $200 million and HDFC will contribute $600 million to create $800-mn corpus for affordable homes
There are multiple laws dealing with insolvency in India, which lead to delays.
The weather in Washington is balmy, but Finance Minister Pranab Mukherjee, in the US to attend a meeting of the International Monetary Fund and the World Bank, would feel a distinct chill as he readies to meet corporate America.
At the IMF, India is expected to link announcement of additional resources to the IMF to the implementation of 2012 quota reform.
India is ranked best among the BRICS nations, out of which South Africa is 17th, Brazil 35th and Russia at 100. China is much lower at 132nd place.