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New Delhi: The World Bank has expressed serious concern over Pakistan’s economy as the country has failed to reduce poverty despite massive loans injected by the IMF. The current model of growth has failed to ameliorate the conditions of the poor, and the headcount ratio (HCR) has surged to its highest level of 25.3 per cent…
Born in Mumbai’s Lohar Chawl and forced to quit studies at 15 due to family responsibilities, Inder Jaisinghani rose from a life of struggle and limited means to build a remarkable success story through sheer hard work and determination. In 1968, he started the Polycab company along with his brothers. They began this venture from…
No news Business World Bank Report: India Pulls 27 Crore Out Of Extreme Poverty In 11 Years New Delhi25 minutes ago Copy link In India, in 11 years, 269 million, or about 27 crore people have come out of extreme power. The World Bank has said this in one of its reports. According to the…
Last Updated:June 07, 2025, 00:07 is Only 75.24 million people were living in extreme poverty in India during 2022-23, a drastic reduction from 344.47 million in 2011-12, according to the data The World Bank’s assessment, based on the $3.00 per day international poverty line (using 2021 prices), shows a broad-based reduction across both rural and…
Last Updated:May 24, 2025, 20:43 is The Ministry also said that changing ground realities with respect to climate change and glacial melt calls for a renegotiation of the treaty. Bikers take pictures at the confluence of rivers Zanskar and Indus near Kargil. (IMAGE: AFP) India placed the Indus Waters Treaty on hold, citing Pakistan’s failure…
No news Business India To Take Up Pakistan Funding With World Bank, May Rake Up FATF Grey List Issue New DelhiA few moments ago Copy link India will raise the issue of funding to Pakistan in a meeting with the World Bank in June 2025. Apart from this, the Indian government will also put the…
World Bank President Ajay Banga has said that the multilateral agency has no role to play beyond a facilitator in the Indus Water Treaty signed between India and Pakistan in 1960 for sharing of waters of Indus, Jhelum, and Chenab. India has suspended the decades-old Indus Water Treaty in the wake of the killing of…
New Delhi: India’s fiscal deficit is expected to shrink further, on the back of growing tax revenues, according to a World Bank report. The report noted that this trend is anticipated to contribute to fiscal consolidation policies of the government. “In India, fiscal deficits are expected to continue shrinking, largely on account of growing tax…
New Delhi: As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the government said on Saturday. The January 2025 edition of the World Bank’s Global Economic Prospects…
Last Updated:November 22, 2024, 7:58 PM IST The study is in line with the new National Education Policy (NEP), 2020 that envisages large-scale integration of skills education in schools as a critical agenda Union education minister Dharmendra Pradhan at the event on Friday. (X) Services sector jobs, agriculture, manufacturing, and IT could have large opportunities…