Tue, Nov 07, 2023
An Executive Director at the International Monetary Fund, Krishnamurthy V Subramanian explained why the current unemployment rate is at a five-year low. According to Subramanian If you go by the reliable Periodic Labour Force Survey data put out by the NSSO, it is absolutely clear that both in quantity and in quality, the employment situation had improved before the pandemic and has also improved since then. It is a fact that during the lockdown and during the second wave, the employment situation did worsen and this is something that is very clearly shown in the PLFS data which further enhances the trustworthiness of the PLFS data.
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Thu, Feb 20, 2020
A World Bank bond designed to deliver funding to help the world`s poorest countries to tackle fast-spreading diseases has lost half its value on the coronavirus outbreak in China.
Fri, Dec 06, 2019
Mentioning there are no potholes on Mumbai-Pune Highway which was constructed 25 years ago when he was in Maharashtra government in 1995-2000, the Minister said the design of National Highway now is stronger compared to that.
Tue, Jun 14, 2016
"India recorded a 10-year low in investments, as only six road projects usually a rich source of PPI over the past 10 years reached financial closure," the World Bank said.
Wed, Jun 08, 2016
In its Global Economic Prospects Report released on Tuesday, the Washington-based institution expected the world economy to grow 2.4% in 2016, 0.5 percentage point lower than the bank's forecast in January, Xinhua news agency reported.
Sun, Jun 05, 2016
Indian Railway will seek USD 500 million from World Bank for undertaking redevelopment of some major stations as part of its ambitious station development plan.
Fri, Jun 03, 2016
The World Bank has dropped the use of developing nation tag for India in its specialised reports and instead classifies it as a "lower-middle-income" economy in South Asia, a top official has said.
Tue, May 31, 2016
The International Bank for Reconstruction and Development (IBRD) will be the implementing agency of the GEF for the project.
Wed, May 25, 2016
In order to improve India's ranking in terms of 'Trading Across Borders' the Ministry of Shipping has taken nine steps to facilitate this.
Tue, May 24, 2016
Karnataka Urban Infrastructure Development & Finance Corporation (KUIDFC) is the implementing agency for the project.
Mon, May 23, 2016
"We are going to start the postal payments bank by March 2017. Very soon we will go to the Cabinet and postal payments bank will become operational from March 2017," Prasad told reporters.
Fri, May 20, 2016
The fall in global oil prices has greatly benefitted India in the recovery process.
Mon, May 16, 2016
Financing will be provided to those with sound technical capacity, relevant experience, and creditworthiness as per SBI standards.
Thu, May 05, 2016
Officials and experts say the passing of the legislation before May 31 can help India improve its rankings in the World Bank
Wed, May 04, 2016
Lenskart has previously raised a total of Rs 317 crore from investors including IDG Ventures.
The Middle East could be hardest hit, with its gross domestic product slipping as much as 14% by 2050 unless measures are taken to reallocate water significantly
Fri, Apr 29, 2016
Moody's, which has given for India a credit rating at 'Baa3' -- or just a level above the junk category -- had said on Wednesday that it would consider a rating upgrade after 12-18 months, depending on improvement in macroeconomic parameters in India.
Thu, Apr 28, 2016
In the podcast, which was recorded when Rajan was in the US to participate in the IMF-World Bank Spring Meetings, he spoke about the Global Financial Safety Net.
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