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Banks Recovered Over Rs 10 Lakh Crore Bad Loans In Last 9 Years: Centre
Finance Minister Nirmala Sitharaman said today that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government.
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World Bank Asks Pakistan To Bring Tax Reforms, Remove Sales Tax Exemptions
The World Bank has asked the Pakistani government to make tax reforms and remove the exemptions on duties and sales tax, Pakistan-based ARY News reported.
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Palestine President Mahmud Abbas "Committed" To Reform: Antony Blinken
US top diplomat Antony Blinken on Wednesday said Mahmud Abbas was committed to reforming the Palestinian Authority to potentially reunite war-torn Gaza and the occupied West Bank under its leadership.
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In A World On Fire, How Multilateral Development Banks Can Help
An independent group of experts that was commissioned by the Indian G20 presidency has released the second volume of its report on strengthening multilateral development banks (MDBs), and recommended several steps and a roadmap to reform MDBs.
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G20 Delhi Declaration: What Are MDBs? Why Is Consensus On Them A Big Deal?
NDTV explains: In the New Delhi G20 Declaration is a commitment by global leaders to "pursue reforms for better, bigger and more effective MDBs". What are MDBs, or multilateral development banks?
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At G20, Biden Rallies To Boost World Bank Aid To Low-, Mid-Income Nations
US President Joe Biden rallied G20 nations to agree to collectively mobilise more headroom and concessional finance to boost the World Bank's capacity to support low- and middle-income countries, the White House said on Saturday.
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"Climate Change To Be High On Agenda For PM Modi-Biden Meet": US Official
Climate change, economic cooperation and multilateral development bank reform will be high on the agenda when Prime Minister Narendra Modi and US President Joe Biden hold a bilateral meeting in New Delhi on the sidelines of the G20 summit.
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From World Bank Reform To Climate Change; Biden's Agenda At G20 Summit
U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and infrastructure projects during the G20 leaders summit in India, the White House said on Tuesday.
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Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
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RBI Says Growth Momentum To Continue In FY24, Suggests Structural Reforms
RBI said India's growth momentum is likely to continue in 2023-24 even as it made a case for pushing structural reforms to deal with the geopolitical developments and also to achieve sustained growth in the mid-term.
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Accelerated Implementation Of Reforms To Benefit India's Growth: World Bank Report
India's potential growth could benefit from accelerated implementation of an already ambitious reform agenda, the World Bank said in a report.
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"Trust In International Financial Institutions Has Eroded": PM At G20 Meet
Prime Minister Narendra Modi added his voice Friday to calls for reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.
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India Likely To Propose Expert G20 Group For World Bank Reforms: Report
India is likely to propose forming an expert G20 group to look into reforms at the World Bank and to increase lending capacity of the institution for climate financing in middle and low income countries, three sources told Reuters.
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Structural Reforms Needed For Balanced, Inclusive Growth, Says RBI
Making a strong case for structural reforms, the Reserve Bank on Friday said they are essential for sustained, balanced and inclusive growth, and also to deal with the after-effects of the pandemic.
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World Bank Approves $195 Million Loan For Pakistan
The World Bank's Board of Executive Directors has approved USD 195 million loan for Pakistan in order to improve electricity distribution and implement energy sector reforms to increase service quality for consumers.
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Banks Recovered Over Rs 10 Lakh Crore Bad Loans In Last 9 Years: Centre
Finance Minister Nirmala Sitharaman said today that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government.
-
World Bank Asks Pakistan To Bring Tax Reforms, Remove Sales Tax Exemptions
The World Bank has asked the Pakistani government to make tax reforms and remove the exemptions on duties and sales tax, Pakistan-based ARY News reported.
-
Palestine President Mahmud Abbas "Committed" To Reform: Antony Blinken
US top diplomat Antony Blinken on Wednesday said Mahmud Abbas was committed to reforming the Palestinian Authority to potentially reunite war-torn Gaza and the occupied West Bank under its leadership.
-
In A World On Fire, How Multilateral Development Banks Can Help
An independent group of experts that was commissioned by the Indian G20 presidency has released the second volume of its report on strengthening multilateral development banks (MDBs), and recommended several steps and a roadmap to reform MDBs.
-
G20 Delhi Declaration: What Are MDBs? Why Is Consensus On Them A Big Deal?
NDTV explains: In the New Delhi G20 Declaration is a commitment by global leaders to "pursue reforms for better, bigger and more effective MDBs". What are MDBs, or multilateral development banks?
-
At G20, Biden Rallies To Boost World Bank Aid To Low-, Mid-Income Nations
US President Joe Biden rallied G20 nations to agree to collectively mobilise more headroom and concessional finance to boost the World Bank's capacity to support low- and middle-income countries, the White House said on Saturday.
-
"Climate Change To Be High On Agenda For PM Modi-Biden Meet": US Official
Climate change, economic cooperation and multilateral development bank reform will be high on the agenda when Prime Minister Narendra Modi and US President Joe Biden hold a bilateral meeting in New Delhi on the sidelines of the G20 summit.
-
From World Bank Reform To Climate Change; Biden's Agenda At G20 Summit
U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and infrastructure projects during the G20 leaders summit in India, the White House said on Tuesday.
-
Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
-
RBI Says Growth Momentum To Continue In FY24, Suggests Structural Reforms
RBI said India's growth momentum is likely to continue in 2023-24 even as it made a case for pushing structural reforms to deal with the geopolitical developments and also to achieve sustained growth in the mid-term.
-
Accelerated Implementation Of Reforms To Benefit India's Growth: World Bank Report
India's potential growth could benefit from accelerated implementation of an already ambitious reform agenda, the World Bank said in a report.
-
"Trust In International Financial Institutions Has Eroded": PM At G20 Meet
Prime Minister Narendra Modi added his voice Friday to calls for reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.
-
India Likely To Propose Expert G20 Group For World Bank Reforms: Report
India is likely to propose forming an expert G20 group to look into reforms at the World Bank and to increase lending capacity of the institution for climate financing in middle and low income countries, three sources told Reuters.
-
Structural Reforms Needed For Balanced, Inclusive Growth, Says RBI
Making a strong case for structural reforms, the Reserve Bank on Friday said they are essential for sustained, balanced and inclusive growth, and also to deal with the after-effects of the pandemic.
-
World Bank Approves $195 Million Loan For Pakistan
The World Bank's Board of Executive Directors has approved USD 195 million loan for Pakistan in order to improve electricity distribution and implement energy sector reforms to increase service quality for consumers.
