Showing posts with label WORLD BANK. BANK. Show all posts
Showing posts with label WORLD BANK. BANK. Show all posts

Friday, 29 July 2016

ADB raises Rs 500 cr in rupee-linked bonds


NEW DELHI, July 28:  Multilateral funding agency Asian Development Bank (ADB) has raised Rs 5 billion, or around Rs 500 crore, by issuing five-year offshore Indian rupee-linked bonds. The Asian Development Bank (ADB) has raised Rs 5 billion (about USD 74 million) from its issuance of 5-year offshore Indian rupee (INR) linked bonds, ” it said in a release today. This was, ADB said, its third bond issue in the offshore

Wednesday, 20 July 2016

World Bank Group President Appoints Paul Romer as Chief Economist


WASHINGTON, July 18, 2016—World Bank Group President Jim Yong Kim today announced the appointment of Paul Romer as World Bank Chief Economist. Mr. Romer is a widely respected economist and a successful entrepreneur who joins the Bank at a critical time when the field of development is transforming under the forces of rapid technological change, globalization, and demography. “We're thrilled

Tuesday, 19 July 2016

World Bank Group appoints Paul Romer as Chief Economist


World Bank Group on 18 July 2016 appointed Paul Romer as World Bank Chief Economist with effect from September 2016. Romer is a widely respected economist and a successful entrepreneur. Romer will join the Bank at a critical time when the field of development is transforming under the forces of rapid technological change, globalization, and demography. As Chief Economist, Romer will support the President

Thursday, 7 July 2016

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Scientists has named a newly discovered species of tarantula (a big hairy spider) was named as Kankuamo Marquezi after the famed Colombian novelist and 1982 Nobel Prize in Literature winner Gabriel Garcia Marquez. The species was discovered in large number in an isolated mountain range in Caribbean Colombia.  It was named after him as homage to the country where it was found. It was

Tuesday, 28 June 2016

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Dadasaheb Phalke awardee and senior music-biz journalist Chaitanya D Padukone today on the birth anniversary of music maestro R D Burman launched a book on the interesting anecdotes never known before about the legend. ‘R D BurMania’–PanchaMemoirs’, is a book nothing less than a goldmine for the legion of ardent Pancham Da across the globe as it contains loads of information and never known



Monday, 27 June 2016

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Government decides to bring the provisions of amended RBI Act regarding constitution of MPC into force on 27th June, 2016 so that statutory basis of MPC is made effective;  Rules governing the procedure for Selection of Members of Monetary Policy Committeeand Terms and Conditions of their Appointment and factors constituting failure to meet inflation target under the MPC Framework notified

Saturday, 25 June 2016

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Pune, June 25 : : Prime Minister Narendra Modi will launch 'Smart City' projects, one of the flagship programmes of the NDA Government, at a special function at the Shiv Chhatrapati Sports Complex in Pune on Saturday, reports said. The Smart City project is part of the Governments integrated urban planning and development in the country, The Prime Minister will launch 14 projects for Pune, along

Friday, 24 June 2016

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The Union Textiles Minister Shri Santosh Kumar Gangwar inaugurated today, a 45-day long skill upgradation training programme for Scheduled Caste handloom weavers belonging to Sohlela Block in Bargarh district of Odisha. In the function held in the village Birjam, the Minister also gave away the certificates to pass outs of the first Handloom Entrepreneur training course. The Minister also handed

Thursday, 23 June 2016

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MUMBAI: Former captain Anil Kumble will be head coach for the next year, the country's cricket board (BCCI) said on Thursday. "After discussions we have taken a final call that for one year Anil Kumble will be the head coach," BCCI President Anurag Thakur told reporters in Dharamsala. Former leg-spinner Kumble, 45, is India's most successful bowler and took 619 wickets in 132 tests and 337 from 271 one-day

Wednesday, 22 June 2016

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Health Minister launches mobile app on Diabetes

In view of rising non-communicable diseases across the country, central government has stepped up efforts for fight against diabetes, obesity, hypertension and heart diseases. Union Health Minister J.P. Nadda launched a Mobile App on diabetes. Besides, the health ministry has also launched various magazines. The Health Minister launched the M-Diabetes initiative which harnesses the power and potential of the vast

Monday, 20 June 2016

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The appointment of cricketer Chetan Chauhan as Chairman of premier fashion designing institute(NIFT) drew more condemnation of the Modi government today from opposition parties which said it was “shocking” and that it raised questions on the prime minister’s transparency. Separately, former India cricket captain Bishen Singh Bedi said the appointment “defies all logic”. Sponsored:

Monday, 13 June 2016

Libya SWF trial against Goldman Sachs set to start at London High Court


LONDON, Jun 13: Libya’s 67 billion dollars sovereign wealth fund will go head-to-head with Goldman Sachs in London’s High Court this week over claims that the US investment bank exploited the fund by encouraging it to make risky and ultimately worthless investments. In what will be one of the most closely watched cases in the City of London, the Libyan Investment Authority (LIA) is attempting to claw back

World Bank cuts global growth forecast to 2.4%


The World Bank has lowered its global growth forecast, warning that risks to growth have increased since its earlier projection in January. The world economy will grow at 2.4% in 2016 and at 2.8% in 2017, the World Bank said in its June report on global economic prospects, lower than the earlier forecast of 2.9% and 3.1%, respectively, mainly on account of a slower than expected recovery in advanced economies. India will remain