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World Bank projects India’s growth at 6.5% for FY26, flags US tariff risks for FY27

Highlights: World Bank raises India’s FY26 GDP forecast to 6.5%. FY27 growth cut to 6.3% due to US tariffs on $50B of exports. Textiles,...

Biden made an ‘inspired’ choice by nominating Banga to lead World Bank, say Indian Americans

US President Joe Biden has made an "inspired choice" by nominating Ajay Banga to the crucial position of the World Bank president and his...

India halved its poverty rate since 1990s: World Bank

India has halved its poverty rate since the 1990s and achieved a seven plus growth rate over the last 15 years, the World Bank...

Bangladesh, Nepal ahead of India as growth in South Asia slows down: WB report

Bangladesh and Nepal are estimated to grow faster than India in 2019, according to the World Bank, which said that overall growth in South...

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