Bank account penetration in India increased from 35 per cent to 53 per cent between 2011 and 2014, but the country also suffers from high dormancy rates, says a World
The World Bank has predicted a GDP growth rate of 8% for India by 2017 and said that a strong expansion in the country, coupled with favourable oil prices, would
Inflation is still uncomfortably high in India and the new government should avoid fiscal slippage as it seeks to revive the economy, the World Bank's India director told Reuters.
Ahead of the Modi-government's first budget, the World Bank today suggested that India should roll out GST, reduce subsidies and broaden tax base to promote growth, projecting it to be
With the new Indian government showing signs of economic reforms and brings in transparency in governance, the World Bank feels that the world's third- largest economy could achieve a growth
The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened economic expansion
The Chinese economy will grow at 7. 6 per cent this year a notch lower than last year's 7
The World Bank today approved nearly $1. 5 billion in financing for three projects in Ukraine to help the embattled country undertake critical reforms and build infrastructure
Stay informed on our latest news!
William D. Green
Chairman & CEO, Accenture