world bank

Raghuram Rajan: Can India grow rich before growing old?

“By 2047-2050 we are going to start growing old. Are we going to be rich by then? Not at 6-6.5 per cent growth,” he said.

India’s economic triumph is defying sceptics

India’s recent economic performance has once again demonstrated its resilience and dynamism, with a remarkable GDP growth of 8.4% in the October-December quarter of 2023-24, marking the highest growth rate in six quarters. This stellar achievement has firmly established India as the fastest-growing major economy globally, outpacing economic powerhouses like China, the US, and the […]

World Bank president nominee Ajay Banga tests Covid positive in Delhi

The United States nominee for World Bank President, Indian-American Ajay Banga, who arrived in Delhi on a two-day visit on Thursday, tested positive for Covid-19 during a routine testing, according to a spokesperson of the embassy. Banga was scheduled to meet with Prime Minister Narendra Modi as well as the minister of finance Nirmala Sitharaman […]