Outflow from developing nations a matter of concern: Sinha
Expressing concerns over the outflow of funds from developing countries, including India, through money laundering and other ways, Minister of State for Finance Jayant Sinha Wednesday said as much as USD 300-600 billion moves out through such channels.
Sep 02, 2015, 22:02 PM IST
HSBC ends sponsorship of key emerging market indexes
Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday.
Jun 26, 2015, 20:52 PM IST
India leads emerging economies in growth chart, GDP set to surpass China this year
India with an expected growth rate of 7.5 percent this year is set to surpass China and for the first time is leading the World Bank's growth chart of major economies.
Jun 11, 2015, 09:23 AM IST
World Bank sees growth pick-up for developing countries
The World Bank on Tuesday predicted a pick-up in economic growth for developing countries, spurred by falling oil prices and despite a slight slowdown in global engine China.
Jan 14, 2015, 04:17 AM IST
Remittances are more stable than other capital flows:WB
Describing remittances as a significant source of inflows to many developing countries like India, which received maximum remittances in 2013, the World Bank has called for removing impediments to its flows arguing that remittances are more stable than other capital flows.
Jan 08, 2015, 08:47 AM IST
Inequality worst in decades in range of countries: OECD
The gap between the rich and poor in a range of countries has reached its widest in 30 years and the trend has harmed growth, the OECD said on Tuesday.
Dec 09, 2014, 10:31 AM IST
WTO: India seeks Africa's support, says a genuine fight for poor
India Wednesday said its tough stand at WTO is a "genuine fight" to provide food security to poor in the developing countries, while seeking Africa's support in the on the food security issue.
Aug 20, 2014, 23:06 PM IST
Indian economy to grow at 5.5% this fiscal: World Bank
India`s recent growth has been well below potential, which provides space for economic activity to accelerate without building inflationary pressures.
Jun 20, 2014, 20:29 PM IST
WB forecasts disappointing growth for developing countries
Developing countries are headed for a year of disappointing growth, the World Bank said in its Global Economic Prospects (GEP) report, which has lowered its forecasts for developing countries to 4.8 percent growth rate this year from the January estimate of 5.3 percent.
Jun 11, 2014, 11:07 AM IST
India set to grow at 5.5% in FY15: World Bank
The World Bank projected India`s growth at 5.5 percent in fiscal 2014-15, accelerating to 6.3 percent in 2015-16 and 6.6 percent in 2016-17 as it urged developing countries to double down on domestic reforms.
Jun 11, 2014, 10:14 AM IST
