NEW DELHI: Internet outages It cost India $ 2.8 billion, putting the South Asian nation at the top of a list of 21 countries that restricted citizens’ access to the web in 2020. India, the second most affected country by the Covid-19 pandemic in terms of confirmed infections overall, accounted …
Read More »Rahul Gandhi stands out at the center of IMF projections for India, says even Pak handled Covid better
Rahul Gandhi called the IMF projections another “solid achievement” by the government. (Proceedings) Highlight The IMF has projected that the Indian economy will contract 10.3% this year. “Another solid achievement by the government,” said Rahul Gandhi. India is likely to recover with an impressive growth rate of 8.8% New Delhi: …
Read More »India’s health budget is the fourth lowest in the world: Oxfam | India News
NEW DELHI: Afghanistan and India set aside the same share for health in their budgets, 4%, just over a quarter of recommended spending and a third of what the second poorest country in the world, Burundi, did. And that may have affected the extent to which people were protected from …
Read More »The World Bank expects a steeper cut in India’s GDP for fiscal year 21, estimating a 9.2% drop from 3.2%
NEW DELHI: The World Bank on Thursday projected a 9.2% contraction for the Indian economy, steeper than the 3.2% estimated in June, highlighting the impact of the pandemic-induced lockdown and the income impact experienced by households and small businesses. urban service companies. “However, there is substantial uncertainty related to the …
Read More »Center to challenge the arbitration award of Vodafone, reach global funds
The Ministry of Finance is certain that whenever the company goes to an Indian court with a request for enforcement of the award, it will object. TopicsCenter | Vodafone | foreign funds The Indian government will challenge Vodafone’s arbitration award, but will also approach international pension and insurance funds interested …
Read More »Global Economic Recovery May Take Five Years, Says World Bank Chief Economist
MADRID: The global economic recovery from the crisis caused by the coronavirus pandemic may take up to five years, World Bank chief economist Carmen Reinhart said Thursday. “There will probably be a rapid rebound as all the restriction measures linked to the lockdowns are lifted, but a full recovery will …
Read More »The World Bank will suspend the publication of the Doing Business report
NEW DELHI: The world Bank it has said it is pausing the publication of the Doing Business report, which ranks countries based on their business competitiveness, pending investigation of a “series of irregularities” in its 2018 and 2020 surveys. Stating that the integrity and fairness of its data and analysis …
Read More »India’s Business Climate Ranking May Be Affected by World Bank Research
India’s business climate ranking could be affected if the World Bank (WB) ordered a review of its flagship Doing Business (DB) reports for the past five years, during which India’s ranking soared 67 spots to 63. On Thursday, the World Bank said it had halted publication of the DB report …
Read More »Stimulus module: World Bank approves $ 1 billion to support India’s fight against Covid-19
[ad_1] NEW DELHI: The World Bank on Friday approved the accelerated US $ 1 billion COVID-19 social protection response program to support the country’s efforts to provide social assistance to poor and vulnerable households severely affected by the pandemic. This brings the total commitment of the World Bank towards the …
Read More »World Bank Loan to India: World Bank to Make $ 1 Billion Loans for Social Protection | India Business News
[ad_1] NEW DELHI: After medical care, the world Bank On Friday he said he had approved a $ 1 billion grant for social protection and is in talks with the government to fund initiatives to help micro, small and medium-sized enterprises (MSMEs). World Bank Country Director Junaid Ahmad did not …
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