With resources more scarce than ever, it is vital the government implemented the Sachar Committee's recommendations in earnest
With a record capital outflow of $16 bn in March, the biggest in a month, India must be careful about the future, he said
The bank's board of directors has approved a loan to India to strengthen the preparedness of the country's national health system
It is time to shrug off the ideological shackles about the way we work, play and live
Deepak put a lot of premium on evidence, hard evidence, and was a pioneer in thinking about poverty and inequality
World Bank officials warned that developing economies could suffer close to 3% decline in economic output
Due to the global recession caused by Covid-19, remittances to India are likely to drop by 23 per cent from $83 billion last year to $64 billion this year, the report said
More than 2.14 million people in more than 210 countries and territories have been reported to be infected by the coronavirus globally, and as many as 143,744 have died so far
Job losses, destruction of informal sector and inadequate government support could push India back by a decade in poverty-reduction progress
Sitharaman, in her intervention, outlined various measures taken by India to deal with the health emergency
However, a senior government official said on condition of anonymity that the meeting could be held in a matter of few weeks, rather than months
As per the World Bank's latest assessment, India is expected to grow 1.5 per cent to 2.8 per cent during the current fiscal due to the impact of the Covid-19 pandemic and consequent lockdown
An economic relief package from the govt is overdue
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
Warns social distancing to be a challenge among migrant workers, slum dwellers
It estimated India will grow 4.8 per cent to 5 per cent in the 2019-20 fiscal that ended on March 31
The coronavirus pandemic may wipe out all the gains made in poverty alleviation in South Asia, says World Bank
Will China's loss in meeting demand from the US and Europe help Indian businesses like leather, ceramics, and plastics? And if it does, will the gains be sustainable?
We project that economic growth in Sub-Saharan Africa will decline from 2.4 per cent in 2019 to -2.1 to -5.1 per cent in 2020, said World Bank
Here's a selection of Business Standard Opinion pieces for the day