India seeks better ranking on World Bank's 'ease of biz' list

Last Updated: Tuesday, June 9, 2015, 21:38

Pitching for a better ranking on ease of doing business for India, government officials Tuesday apprised the World Bank about various reform measures taken in the past one year including relaxation in company laws.

World Bank improves outlook of Russia`s battered economy

Last Updated: Monday, June 1, 2015, 21:06

The World Bank on Monday said it saw some improvement in Russia`s battered economy, predicting it would shrink by 2.7 percent this year and return to growth of 0.7 percent in 2016.

India will do better on ease of doing biz this year: CII

Last Updated: Sunday, May 31, 2015, 12:07

According to CII, the last 12 months have witnessed the drafting of new policies with respect to capital goods, chemicals, steel and textiles which are currently in various stages of finalisation.

No 'big bang' investment by Modi government in first year: CII

Last Updated: Sunday, May 24, 2015, 13:48

The CII President said he would like to see much more action being taken on Ease of Doing Business, to cut out the red tape.

Japan, China may discuss AIIB during finance talks June 6

Last Updated: Thursday, May 21, 2015, 09:43

Japanese and Chinese finance officials will hold talks on June 6 in Beijing to discuss ways to promote cooperation between the two countries and may exchange views on the China-led Asian Infrastructure Investment Bank (AIIB), Japanese officials said.

AIIB founding members to meet in Singapore today

Last Updated: Wednesday, May 20, 2015, 09:12

Founding members of China-led AIIB, including India, will hold a three-day meeting here from Wednesday to discuss operational policies for the establishment of the institution.

World Bank to give $248 mn loan to Punjab for water supply, sanitation

Last Updated: Monday, May 11, 2015, 19:37

The project is expected to benefit about 84.7 lakh rural people in Punjab.

KV Kamath named first President of BRICS New Development Bank

Last Updated: Monday, May 11, 2015, 18:03

Eminent banker K V Kamath will be the first president of USD 100 billion BRICS Bank which will provide infrastructure loans to emerging nations, rivalling multilateral lenders such as World Bank and IMF.

World Bank's pension investments clash with principles

Last Updated: Monday, May 4, 2015, 20:25

The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution`s own calls for ethical and low-carbon investing.

World Bank arm to partner IREDA for energy projects

Last Updated: Thursday, April 30, 2015, 15:07

The International Finance Corporation (IFC), the private financing arm of the World Bank, has said it would partner the Indian Renewable Energy Development Agency (IREDA) to provide infrastructure financing for energy projects in India.

Ukraine`s economy to shrink by a massive 7.5% in 2015: World Bank

Last Updated: Wednesday, April 29, 2015, 18:18

The World Bank sharply cut its outlook for war-torn Ukraine Wednesday, forecasting its economy will shrink by a massive 7.5 percent this year due to the conflict with pro-Russian separatists.

How China is upsetting the old global economic order

Last Updated: Sunday, April 19, 2015, 18:21

With its huge new infrastructure bank and its ambitions for a globalised renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.