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BRICS Finance Chiefs Call for Reform of Global Financial Institutions

By Uniquetimesorg September 11, 2026 0

Finance ministers and central bank governors from BRICS countries have called for reforms to global financial institutions such as the International Monetary Fund and World Bank. They said emerging and developing economies should have a stronger voice in global economic decision-making as their contribution to global growth continues to rise. The finance chiefs also Continue Reading

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Private Capital Powers Chennai’s Public Bus Revival: World Bank

By Uniquetimesorg December 26, 2025 0

Chennai has transformed its public bus services in just three years by leveraging private capital and structured reforms, according to a World Bank blog. The turnaround followed a three-stage blueprint—plan, contract and leverage private partners—under the Chennai City Partnership Programme launched in 2022 with support from the World Bank Group and the Asian Continue Reading

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World Bank Clarifies Role Amid India-Pakistan Indus Treaty Row

By Uniquetimesorg May 9, 2025 0

World Bank President Ajay Banga firmly refuted media reports suggesting the organization would intervene in the ongoing India-Pakistan dispute over the Indus Waters Treaty. In a statement shared by the Press Information Bureau (PIB) on X, Banga stated, “We have no role to play beyond a facilitator… it’s all bunk,” emphasizing that the World Bank’s […]Continue Reading

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World Bank commits $1 billion to India for public healthcare infrastructure

By uniquetimes March 4, 2023 0

On Friday, the World Bank and India agreed to two complimentary loans totaling USD 500 million each to support and improve the nation’s healthcare system. The bank will support India’s Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across the nation, through this Continue Reading

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“World Bank Can’t Interpret It For Us”: India On Indus Water Treaty

By uniquetimes February 3, 2023 0

On Thursday, India questioned the World Bank’s choice to establish two different processes—a Court of Arbitration and a neutral expert—to settle disputes between New Delhi and Islamabad on the Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir. Following Islamabad’s “intransigence” in resolving conflicts, India this week sent a notice Continue Reading

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India A Leader In Digitisation That Empowers Social Safety Net: World Bank Chief

By uniquetimes October 8, 2022 0

According to World Bank President David Malpass, one of the pioneers in digitalization that strengthens and widens the social safety net has been India. During a conference call here, Malpass informed reporters that India, like other developing nations, is affected by rising interest rates in the global economy, inflation, and being affected by climate change, […]Continue Reading

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Tata Tea being Investigated by World Bank

By uniquetimes February 14, 2014 0

The World Bank said on Thursday it was investigating claims of labour and human rights abuses at a tea plantation project that it jointly finances with tea giant Tata Global Beverages(TAGL.NS) in Assam. The International Finance Corporation (IFC) – a member of the World Bank Group – said its accountability office decided to probe the […]Continue Reading