User: zainab Topic: IFIs
Category: IFIs
Last updated: Jan 29 2020 01:27 IST RSS 2.0
 
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Mkts end settlement day lower; oil & gas, FMCG, au ... 24.3.2028 CNN-IBN Top Stories
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Wuhan coronavirus: Previous pandemics can help us predict the impact on the global economy 28.1.2020 Scroll.in - News that matters
While the world has become better at containment and treatment, it has also become more connected.
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Amaravati and the many dreams that lie shattered with it 27.1.2020 Citizen Matters
Launched amid much fanfare during the previous political regime, the greenfield Amaravati project has fallen apart. With it have disappeared all promises made to farmers who had pooled in land -- rent of Rs. 50,000 per acre for ten years, jobs for family members, reimbursement of children’s education fees etc
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Imran Economic Measures 26.1.2020 Central Chronicle
The Pakistan Prime Minister Mr.Imran Khan is taking urgent measures to salvage the country from the impending economic disaster. The country is facing Greece like financial insolvency and has no money to pay even the interest on the foreign debts. The debt on Pakistan is whopping 28 trillion dollar. Apart from principal amount the Pakistan Government has to borrow afresh more loans to pay the interest over it. It is clear that debt burden on Pakistan will further increase and it will trap the country in vicious circle of loans mounting on it. The economic measures that are being adopted are very good in public sense but very meager to face or clear off debt burden. But Mr.Imran is moving in that direction and further on may succeed in paying off debt on it and maintain the economic viability of the country. The Greece took 8 years to come out of economic and financial mess that too with help of others like nations of European Union giving financial packages and the World Bank and the International ...
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India - Advanced Economy 26.1.2020 Central Chronicle
According to the World Bank updated assessment India has become world’s 6th largest economy replacing France in the list of 7 nations. The calculation on rupee in the list of the nations the America is first with GDP of 1379 lakh crores of rupees, the second is China with GDP of 963 lakh crores, the third is Japan with 351 lakh crores, 4th is Germany 289 lakh crores, the 5th is Britain with 202 lakh crores, 6th is India with 168 lakh crores of rupees and 7th is France with 178 lakh crores. It is a matter of happiness that we are advancing economy but not a matter of satisfaction with the feeling of achievement. Because with France we are very marginally ahead with just one lakh crores. We in no way in economic race with a European country France. In the 7 nation list the China is in second position with GDP of 963 lakh crores ahead of India with massive 785 lakh crores. We are big in size and population of 134 crores people while France is middle size nation with the population of 6.7 crores only. But ...
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Governor Address 26.1.2020 Central Chronicle
The Budget Session of the Madhya Pradesh Vidhan Sabha started with first address of the new Governor Mrs.Anandiben Patel. There were occasional disruptions by the Opposition Congress questioning the Government claims in certain field. The Budget will be presented on February 28 and the session will end on March 28. The Governor in her address said with determined efforts by her Government the state has made progress in all the field. She mentioned the state was self sufficient in the power potential. General consumers getting 24 hour power supply and for agriculture purposes 10 hour power supply being provided. The power generation of the State is 18,043 megawatt and by next year in 2019 it would be 20,000 mega watt. The transmission losses have down 2.71 per cent which is lowest in the country. In every year it will come down 2 to 3 per cent. She said in this very year upto October 2018 all the 35 lakhs house hold not having power, would get power connection. The ultra mega solar power project of ...
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WB Fund for Colleges 26.1.2020 Central Chronicle
The World Bank will provide Rs.204 crores for the development of 152 Government colleges in the Madhya Pradesh. Each college will get Rs.7 to 10 crores in this first phase of the project. The Higher Education Department of Madhya Pradesh will soon sign MOU (Memorandum of Understanding) with the World Bank soon. These 152 colleges selected on the valuation carried on 438 colleges. In the second phase of the project, 50 more colleges will be covered under it. The colleges from capital Bhopal are the Sarojini Naidu Girls College, Gitanjali College, MVM College, MLB College, Hamidia College, Benazir College, Government College of Narela are included. The Colleges from Berasia, Sehore, Ashta, Nazarullahganj, Raisen, Vidisha, Ganj Basoda, Hoshangabad, Itarsi, Piparia, Harda, Timarni, Betul, Bhind, Morena, Rewa, Sidhi, Satna etc are also included. The Government must ensure with this World Bank development fund construction of permanent value and utility are set up. Halls, Toilets, Hostel,extra ...
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High Ways 26.1.2020 Central Chronicle
Under the Central Government Bharatmala Road Yojna the Madhya Pradesh has been given construction of the 5,987 Kilometer long National Highways in the State. The project will develop road transport on a very grand scale between the Capital Bhopal and commercial capital city of Indore. The traffic between Bhopal and Indore is increasing very fast and it requires Express Way formation and under the scheme 6 lane Bhopal-Indore Express Way and Bhopal bypass have been approved. The 1487 kilometer State Highways and 2365 kilometer main district roads of the State are going to be upgraded with the help of the Asian Development Bank at the cost of Rs.6000 crores. The 13,166 kilometer long roads have been constructed by the State Road Development Authority and work is in progress on 5,051 kilometer long roads. Work on Dewas bypass is on progress and there are proposal for 2 lane and capacity enhancement of Damoh-Jabalpur and Sagar-Damoh road.
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GST Most Complicated 26.1.2020 Central Chronicle
The World Bank has assessed and assailed the India’s Goods and Service Tax (GST) as most complicated format. The World Bank is its study report of 115 countries said India’s tax rate is second highest in the world. The Modi Government launched the GST on 1st July 2017 in five stab 0-5-12-18-28 percent taxation on Goods and Services in India. The World Bank mentioned that 49 countries have only one slab in its GST while 28, have 2 slab GST but five countries India, Pakistan, Italy, Laxemburg, and Ghana have 5 slab GST system. The economies of these five countries are unstable. Actually it was Congress led UPA Government that formulated GST scheme but at that time the BJP in Opposition opposed and it could not be implemented. But when BJP Government came to power at the Centre with Modi Ministry they were very keen to implement it and Congress in opposition cooperated and it become law. The aim of the GST is to have one taxation for the whole country one price tag on all the items and one national ...
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Global Economy 25.1.2020 Central Chronicle
The Governor of the Reserve Bank of India Mr Shashikanta Dass has warned the Global Economy was moving in uncertain direction. The solution to its problem was being difficult. In the new unstable phase in the global trade and politics the atmosphere has become tense. In the coming year the economic and financial world institutions like the IMF (International Monetary Fund) and the World Bank would be on testing ground. In may nation the level of foreign debt very high. If financial and economic crisis come such nation are bound to face bankruptcy like situation as few years back Greece was an the verge of financial collapse. It could repay the loan taken from IMF and World Bank. The European Union nations formed consortium to salvage the Greece from economic disaster. The IMF and world gave more time to Greece to repay the loans by extending the time limit and rewriting the loans. Presently the Pakistan is in grave financial mess on assuming the office of Prime Minister Mr Imran Khan in his first ...
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Terror Ultimatum to Pak 25.1.2020 Central Chronicle
International organization the FATF (Financial Action Task Force) has given ultimatum to Pakistan upto October 2019 time limit to destroy terrorist network in its country or the FATF may take action like financial boycott of it. Pakistan is already under heavy financial burden and managing the country by taking nation to nation loan from the Saudi Arabia and the IMF (International Monetary Fund). On assuming the office of the Prime Minister Mr.Imran Khan in euphoria said that he would prefer to commit suicide rather than taking further loans from any nation or the IMF. As austerity measures he moved to a small flat and auctioned 80 luxurious cars maintained by the former Prime Minister Mr.Nawaz Shariff. But the financial situation of Pakistan is in a worst phase. China taking full advantage of it by overburdening the Pakistan with loans. There are apprehensions that days are not far off when China will become financial master of the Pakistan. China was supporting Pakistan against India and ...
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Rs 630-cr WB loan to modernise State’s ferry services 18.1.2020 The Assam Tribune
Rs 630-cr WB loan to modernise State’s ferry services
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Imphal ring road works to begin soon 17.1.2020 Manipur: E-Pao
Imphal ring road works to begin soon
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India lost over $1.3 bn to internet shutdowns in 2019 15.1.2020 Rediff: Business
The total cost of internet shutdowns across the world stood at $8.05 billion in 2019, an increase of 235 per cent since 2015-16.
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India may fall into a middle-income trap, from which no country has been able to bounce back 14.1.2020 Scroll.in
What is a middle-income trap, what causes it and how can it be fixed?
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AIIB to provide funds for Chennai Metro Phase-II corridors 13.1.2020 Projects Monitor

The Asian Infrastructure Investment Bank (AIIB) will provide financial assistance of USD 320 million (nearly Rs 2,306 crore) to start construction of 18 km long elevated Metro corridor of Phase-II of Chennai Metro Rail project. The Metro corridor will be constructed between Meenakshi College in Kodambakkam and Poonamallee Bypass, which is part of the 118.9 […]

The post AIIB to provide funds for Chennai Metro Phase-II corridors appeared first on India's first NewsPortal on Projects.

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Governor Address 11.1.2020 Central Chronicle
The Budget Session of the Madhya Pradesh Vidhan Sabha started with first address of the new Governor Mrs.Anandiben Patel. There were occasional disruptions by the Opposition Congress questioning the Government claims in certain field. The Budget will be presented on February 28 and the session will end on March 28. The Governor in her address said with determined efforts by her Government the state has made progress in all the field. She mentioned the state was self sufficient in the power potential. General consumers getting 24 hour power supply and for agriculture purposes 10 hour power supply being provided. The power generation of the State is 18,043 megawatt and by next year in 2019 it would be 20,000 mega watt. The transmission losses have down 2.71 per cent which is lowest in the country. In every year it will come down 2 to 3 per cent. She said in this very year upto October 2018 all the 35 lakhs house hold not having power, would get power connection. The ultra mega solar power project of ...
Also found in: [+]
Global Economy 11.1.2020 Central Chronicle
The Governor of the Reserve Bank of India Mr Shashikanta Dass has warned the Global Economy was moving in uncertain direction. The solution to its problem was being difficult. In the new unstable phase in the global trade and politics the atmosphere has become tense. In the coming year the economic and financial world institutions like the IMF (International Monetary Fund) and the World Bank would be on testing ground. In may nation the level of foreign debt very high. If financial and economic crisis come such nation are bound to face bankruptcy like situation as few years back Greece was an the verge of financial collapse. It could repay the loan taken from IMF and World Bank. The European Union nations formed consortium to salvage the Greece from economic disaster. The IMF and world gave more time to Greece to repay the loans by extending the time limit and rewriting the loans. Presently the Pakistan is in grave financial mess on assuming the office of Prime Minister Mr Imran Khan in his first ...
Also found in: [+]
Terror Ultimatum to Pak 11.1.2020 Central Chronicle
International organization the FATF (Financial Action Task Force) has given ultimatum to Pakistan upto October 2019 time limit to destroy terrorist network in its country or the FATF may take action like financial boycott of it. Pakistan is already under heavy financial burden and managing the country by taking nation to nation loan from the Saudi Arabia and the IMF (International Monetary Fund). On assuming the office of the Prime Minister Mr.Imran Khan in euphoria said that he would prefer to commit suicide rather than taking further loans from any nation or the IMF. As austerity measures he moved to a small flat and auctioned 80 luxurious cars maintained by the former Prime Minister Mr.Nawaz Shariff. But the financial situation of Pakistan is in a worst phase. China taking full advantage of it by overburdening the Pakistan with loans. There are apprehensions that days are not far off when China will become financial master of the Pakistan. China was supporting Pakistan against India and ...
Also found in: [+]
World Bank projects India's growth at 7.5 pc in FY19-20 11.1.2020 Central Chronicle
Agencies, Washington The World Bank has said in its Global Economic Prospects Report for 2019 that the Indian economy will grow at a rate of 7.5 per cent during the 2019-’20 financial year, and beyond. The report released on Tuesday here stated that India is set to retain its ‘fastest growing emerging economy’ title. The World Bank stated, "India is projected to grow at 7.5 per cent in the next three years, supported by robust investment and private consumption." As against a growth rate of 6.6 per cent in 2018, China’s growth rate in 2019 is projected to slowdown to 6.2 per cent, and then subsequently to 6.1 per cent in 2020 and 6 per cent in 2021, the bank said. With this, India will continue to retain the position of being the fastest growing emerging economy. And by 2021, its growth rate is projected to be 1.5 per cent more than China’s 6 per cent. According to the World Bank, growth in India is projected at 7.5 per cent in Fiscal Year 2019-20 (April 1, 2019 to March 31, 2020), unchanged from ...
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