
Ministers and central bank governors stated that expanded BRICS membership has enhanced the group’s diversity and commitment to closer economic and financial cooperation
India is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infrastructure and create jobs. The loans will help New Delhi manage its budget after increased spending on subsidies. The gov…
India and the World Bank Group announced an agreement earmarking $8 billion to $10 billion in annual financing over five years

India is said to be in talks with multilateral lenders to secure about $2.5 billion in funding from existing credit lines as New Delhi tees up fresh sources of money after the Middle East conflict crimped its ability to step up spending.


India's dream of becoming a developed country by 2047 faces a climate threat. Wet-bulb heat is rising and could stall worker productivity. Here’s a rescue package the government, IMF, World Bank and other institutions should consider.

* The World Bank Group built a unified data and AI platform on Databricks to connect structured operational data with millions of unstructured documents. * By combining Unity Catalog, Databricks Volumes, Genie and AI Gateway, the organization eliminated manu…

Tata Power secures $515 million from the World Bank for a 1,125 MW hydro project in Bhutan, boosting clean energy exports.

The World Bank has endorsed the idea of industrial policy with some conditions, reversing its stance of the early 1990s. What its new paper doesn’t address, though, is what happens if every country goes for it.