Gender equality is smart economics: World Bank
September 19th, 2011 - 1:20 pm ICT by IANS
Washington, Sep 19 (IANS) Gender equality is smart economics as countries which create better opportunities and conditions for women can raise productivity and improve outcomes for children, the World Bank ... Read more...
Posted in Business |
Rising food prices pose global threat: World Bank president
April 17th, 2011 - 12:35 pm ICT by ANI
Washington, Apr. 17 (ANI): World Bank president Robert Zoellick has warned that rising food prices have pushed the world's poor countries to "one shock away from a full-blown crisis."He said skyrocketing food ... Read more...
Posted in World |
High prices of food, fuel threatening the poor: World Bank
April 14th, 2011 - 10:00 pm ICT by IANS
Washington, April 14 (IANS) Volatile food and fuel prices are threatening the world's poor, World Bank President Robert Zoellick said Thursday.Time should not be wasted in taking measures to tackle ... Read more...
Posted in World |
US asks Bangladesh to compromise with Yunus
March 20th, 2011 - 3:46 pm ICT by IANS
Dhaka, March 20 (IANS) A top US official has asked Bangladesh Prime Minister Sheikh Hasina to compromise on the removal of Muhammad Yunus from the Grameen Bank, saying his ... Read more...
Posted in World |
Mixed reactions to Yunus sacking
March 3rd, 2011 - 1:51 pm ICT by IANS
Dhaka, March 3 (IANS) The removal of Grameen Bank managing director Muhammad Yunus from his duties has drawn mixed reactions from people across the globe, with some saying the ... Read more...
Posted in Politics |
‘Charges against Muhammad Yunus politically motivated’
February 18th, 2011 - 3:54 pm ICT by IANS
Dhaka, Feb 18 (IANS) Eminent people from across the world have formed "Friends of Grameen", vowing to protect the micro-credit pioneer and Nobel laureate Muhammad Yunus from "politically orchestrated" attacks. Over ... Read more...
Posted in Business |
‘Friends of Grameen Bank’ defend Nobel laureate Yunus from aggressive govt attacks
February 17th, 2011 - 2:06 pm ICT by ANI
London, Feb 17 (ANI): A group of charities led by former Irish President Mary Robinson has come to the defence of Nobel laureate Muhammad Yunus after the Bangladeshi government asked the ... Read more...
Posted in World |
World Bank opens public voting on ‘Apps for Development’
February 1st, 2011 - 11:15 am ICT by IANS
Washington, Feb 1 (IANS) The World Bank has opened public voting on the applications submitted to the Apps for Development Competition that challenged software developers to get new perspectives in identifying solutions ... Read more...
Posted in Business |
World Bank to provide $1.5 bn for rural roads in India
January 14th, 2011 - 7:16 pm ICT by IANS
New Delhi, Jan 14 (IANS) The World Bank will provide $1.5 billion to help build 24,000 km of roads in economically backward and hilly areas across seven states of India. "These ... Read more...
Posted in Business |
World Bank to help save Ganga dolphins
January 12th, 2011 - 2:53 pm ICT by IANS
Patna, Jan 12 (IANS) The World Bank will help in conserving the endangered Ganga river dolphins, popularly known as the Gangetic dolphin, the bank's president Robert B. Zoellick said here Wednesday."World ... Read more...
Posted in Environment |
World Bank chief to sign pact for rebuilding flood-hit Bihar
January 11th, 2011 - 1:44 pm ICT by IANS
Patna, Jan 11 (IANS) World Bank president Robert B. Zoellick, who arrives on a two-day visit to Bihar Tuesday, will sign an agreement with the state government for rebuilding areas ... Read more...
Posted in Uncategorized |
India’s growth helping global economy: World Bank chief
January 9th, 2011 - 4:11 pm ICT by IANS
New Delhi, Jan 9 (IANS) India's fast-paced growth is helping the global economy come out of the crisis and its status as a rising financial power is closely connected with its ... Read more...
Posted in Business |
World Bank chief to visit Bihar
December 14th, 2010 - 9:53 pm ICT by IANS
Patna, Dec 14 (IANS) World Bank President Robert B. Zoellick will visit Bihar in January to discuss reconstruction efforts in areas hit by floods in 2008 that killed over 500 people, officials ... Read more...
Posted in Business |
Emerging powers like India should head IMF, World Bank: IMF chief
December 2nd, 2010 - 5:42 pm ICT by IANS
New Delhi, Dec 2 (IANS) Appreciating India's rising stature as an economic power, IMF managing director Dominique Strauss-Kahn Thursday said the next heads of the World Bank and the International Monetary ... Read more...
Posted in Business |
India seeks World Bank loan for road expansion
November 11th, 2010 - 5:02 pm ICT by IANS
New Delhi, Nov 11 (IANS) India has requested the World Bank to provide $2.96 billion loan for expansion of 3,770 km roads.Road Transport and Highways Minister Kamal Nath held discussions with ... Read more...
Posted in Business |
India pioneers global plan to green economy
October 28th, 2010 - 1:40 pm ICT by IANS
By Joydeep Gupta
Nagoya (Japan), Oct 28 (IANS) India will be one of two countries to pioneer "a global partnership that will fundamentally change the way governments value their ecosystems", World Bank President ... Read more...
Posted in Environment |
Countries plan to restore tiger population
October 22nd, 2010 - 8:29 pm ICT by IANS
New Delhi, Oct 22 (IANS) Concerned over the dwindling tiger population, the 13 tiger range countries (TRC) here Friday finalised an ambitious global programme for restoring wild tiger population.The Global Tiger Recovery ... Read more...
Posted in Environment |
China’s growth important for global recovery: World Bank chief
October 8th, 2010 - 7:32 am ICT by IANS
Washington, Oct 8 (IANS) China's growth is a very important factor in the global economic recovery, World Bank President Robert B. Zoellick has said.On being asked what China can contribute to the ... Read more...
Posted in Business |
World Bank links Pak flood aid to responsible and transparent end use
September 20th, 2010 - 4:36 pm ICT by ANI
New York, Sep 20(ANI): The World Bank and the United States have urged Pakistan to take steps to reassure donor countries that it is capable of using their flood aid responsibly and ... Read more...
Posted in South Asia |
World Bank raises aid for flood-hit Pak to one billion dollars
September 2nd, 2010 - 5:31 pm ICT by ANI
Washington, Sep 2(ANI): The World Bank has raised its emergency funding to Pakistan to one billion dollars to help the country cope with the unprecedented disaster caused by the floods.World Bank President ... Read more...
Posted in World |
World Bank increases Pakistan flood support to $1 bn
September 2nd, 2010 - 9:08 am ICT by IANS
Washington, Sep 2 (DPA) The World Bank said Wednesday it was raising its support for flood relief in Pakistan to $1 billion, from $900 million.
The announcement came after a meeting ... Read more...
Posted in South Asia |
India, China’s voting power increased in World Bank’s IBRD
April 26th, 2010 - 8:08 pm ICT by ANI
New Delhi, Apr 26 (ANI): The voting power of developing countries will be increased in the International Bank for Reconstruction and Development (IBRD) by 3.13 percentage points to 47.19 percent after the ... Read more...
Posted in World |
World Bank gets more money, developing nations more say
April 26th, 2010 - 8:16 am ICT by IANS
Washington, April 26 (DPA) Governments Sunday approved nearly $90 billion in extra money for the World Bank and shifted the balance of voting shares in the institution slightly toward developing countries.
Developing countries ... Read more...
Posted in Business |
World Bank, US, Gates launch fund to tackle hunger
April 22nd, 2010 - 11:03 pm ICT by IANS
Washington, April 22 (DPA) The World Bank, United States, Bill Gates and others Thursday launched a billion-dollar fund for small farmers in the developing world to help reduce hunger.
With more than 1 ... Read more...
Posted in Business |
2009 saw end of Third World, says Zoellick
April 15th, 2010 - 1:55 pm ICT by IANS
Washington, April 15 (IANS) The world has entered a new multi-polar economic order and 2009 saw the end of what was known as the Third World, World Bank president Robert B. Zoellick ... Read more...
Posted in Business |
World Bank provides $100 mn for Haiti emergency
January 14th, 2010 - 7:26 am ICT by IANS
Washington, Jan 14 (DPA) The World Bank is providing $100 million in emergency money for Haiti's recovery and reconstruction after a fierce quake devastated the capital city, the bank said Wednesday.
Tuesday's magnitude-7 ... Read more...
Posted in World |
India could be Africa’s rail partner: World Bank
December 7th, 2009 - 6:46 pm ICT by IANS
London, Dec 7 (IANS) Indian Railways, one of the world's largest rail networks, could be expanded to develop transport infrastructure in Africa and other developing regions under an ambitious World Bank plan, ... Read more...
Posted in Business |
World Bank predicts Indian economy could grow by 8-9 pc in two years
December 4th, 2009 - 7:03 pm ICT by ANI
New Delhi, Dec. 4 (ANI): India could return to a higher growth trajectory of 8-9 percent in two years, but it needs to invest more in infrastructure for sustaining such growth, World ... Read more...
Posted in World |
$1-bn World Bank loan sought for urban development
December 4th, 2009 - 6:02 pm ICT by IANS
New Delhi, Dec 4 (IANS) India has approached the World Bank for a $1-billion loan to fund urban development projects, Minister of State for Urban Development Saugata Roy told the Lok Sabha ... Read more...
Posted in Business |
India to grow 8-9 percent in next two years: World Bank
December 4th, 2009 - 5:37 pm ICT by IANS
New Delhi, Dec 4 (IANS) India's growth rate over the next couple of years will be 8-9 percent, World Bank president Robert Zoellick said here Friday.
"India's growth rates could over the ... Read more...
Posted in Business |
India to borrow one billion dollars from World Bank to clean up Ganges
December 3rd, 2009 - 5:08 pm ICT by ANI
New Delhi, Dec.3 (ANI): India is expected to receive a World Bank loan of a billion dollars for cleaning and conserving the River Ganga.Minister of State for Environment Jairam Ramesh revealed this ... Read more...
Posted in National |
Mukherjee meets World Bank President
December 2nd, 2009 - 6:29 pm ICT by ANI
New Delhi, Dec 2 (ANI): World Bank President Robert B. Zoellick today met Finance Minister Pranab Mukherjee to discuss a wide range of issues following the financial crisis.The Finance Minister applauded ... Read more...
Posted in Business |
Yuan as new global currency? It can bode well for India (Comment)
November 15th, 2009 - 2:56 pm ICT by IANS
By Sushma Ramachandran
The fact that World Bank President Robert Zoellick has said that China's yuan may become the global reserve currency over the next 15 years assumes significance not just for the ... Read more...
Posted in Business |
China’s yuan can be alternative reserve currency in 15 years
November 12th, 2009 - 6:56 am ICT by IANS
Singapore, Nov 12 (IANS) World Bank President Robert Zoellick has said in 15 years the Chinese yuan can become an alternative to US dollar as a global reserve currency, with China's fast ... Read more...
Posted in Business |
World Bank president sees risks for global economy in 2010
November 11th, 2009 - 3:04 pm ICT by IANS
Singapore, Nov 11 (DPA) World Bank president Robert Zoellick Wednesday said he was comfortable about the prospects for the world economy in 2009, but advised governments not to remove their stimulus packages ... Read more...
Posted in Business |