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NEW DELHI, April 9, 2026 - Growth in India is projected at 6.6% in FY27, as higher energy prices caused by the Middle East conflict and supply chain disruptions weigh on economic activity. But even with the slowdown, India remains among the fastest-growing major economies in the world, says the World Bank's latest economic update. Released today, the India Development Update says that despite significant downside risks stemming from the conflict, the economy's strong macroeconomic fundamentals ...Read More >
New Delhi: India Infrastructure Finance Company Ltd (IIFCL) plans to mobilise up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty. "We are in the process of seeking approval for mobilising up to USD 1 billi ...Read More >
New Delhi [India], April 2 (ANI): The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have agreed to form a coordination group to maximize their institutions' response to the energy and economic impact of the war in the Middle East. According to a joint statement by the organizations, the decision followed an assessment of the significant disruptions currently affecting global markets. "The Middle East war has caused major disruptions to ...Read More >
Lucknow: World Bank Group president Ajay Banga on Thursday praised Uttar Pradesh's resilient agriculture model for small farmers as a global benchmark for sustainable farming and climate adaptation, a govt official said in a statement.Banga also lauded the Yogi Adityanath govt's initiatives to integrate climate-tolerant seeds, soil-specific fertilisers, regenerative farming techniques, efficient irrigation systems, and robust crop insurance frameworks. "The aim is that one bad season should not ...Read More >
New Delhi [India], October 17 (ANI): World Bank President Ajay Banga has praised the Uttar Pradesh government for presenting a successful model of resilience-based agriculture that supports small farmers. He said the State has effectively demonstrated how digital systems and cooperative frameworks can strengthen the agricultural ecosystem and improve livelihoods. Also Read | 'Jalebi Fafda x Daily Lafda': Samay Raina Meets 'Taarak Mehta Ka Ooltah Chashmah' Actor Dilip Joshi; Netizens Hilariousl ...Read More >
Lucknow: World Bank Group president Ajay Banga on Thursday praised Uttar Pradesh's resilient agriculture model for small farmers as a global benchmark for sustainable farming and climate adaptation, a govt official said in a statement.Banga also lauded the Yogi Adityanath govt's initiatives to integrate climate-tolerant seeds, soil-specific fertilisers, regenerative farming techniques, efficient irrigation systems, and robust crop insurance frameworks. "The aim is that one bad season should not ...Read More >
Lucknow, Oct 16 (PTI) World Bank Group President Ajay Banga has praised Uttar Pradesh's efforts to integrate technology with agriculture, describing the state's "resilient farming model" a global example for small and marginal farmers. Speaking at the AgriConnect Flagship event during the 2025 Annual Meetings of the World Bank, Banga showcased the UP model, having visited the state and seen things for himself in May, said the state's director of information, Vishal Singh. "The World Bank also ...Read More >
The World Bank also raised its FY26 projection to 6.5%. Despite a downgraded global growth outlook, the IMF now considers India a key engine for global growth, affirming its economic significance. New Delhi [India]: The International Monetary Fund (IMF) on Tuesday revised India's growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%. This revision is largely due to India's strong growth momentum in the first quarter ...Read More >
The fund will support purchase and operations of 1,455 e-buses, which will be deployed across Maharashtra, Assam, and Gujarat JBM Ecolife Mobility, a subsidiary of JBM Auto, on Thursday said it has secured a $100 million long-term capital investment from the International Finance Corporation (IFC) to support the purchase and operations of 1,455 electric buses. The buses will be deployed across cities in Maharashtra, Assam and Gujarat. Nishant Arya, Vice Chairman and Managing Director, JBM Auto ...Read More >
BusinessWire India Hyderabad (Telangana) [India], August 4: Rx Propellant, an Actis platform, is proud to announce that 1GV, its flagship life sciences campus located in Genome Valley, Hyderabad, has been awarded the prestigious EDGE Advanced Certification by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition highlights 1GV's exceptional performance in energy efficiency, water conservation, and use of low-carbon materials--cementing its position as o ...Read More >
Hyderabad (Telangana) [India], August 4: Rx Propellant, an Actis platform, is proud to announce that 1GV, its flagship life sciences campus located in Genome Valley, Hyderabad, has been awarded the prestigious EDGE Advanced Certification by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition highlights 1GV's exceptional performance in energy efficiency, water conservation, and use of low-carbon materials--cementing its position as one of the most susta ...Read More >
Hyderabad (Telangana) [India], August 4: Rx Propellant, an Actis platform, is proud to announce that 1GV, its flagship life sciences campus located in Genome Valley, Hyderabad, has been awarded the prestigious EDGE Advanced Certification by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition highlights 1GV exceptional performance in energy efficiency, water conservation, and use of low-carbon materials--cementing its position as one of the most sustain ...Read More >
The International Finance Corporation (IFC) is investing $20 million in Transvolt Mobility, marking its first equity investment in an electric vehicle fleet platform. This investment aims to help Transvolt expand its fleet to 3,500 vehicles, creating 8,200 jobs over the next five years. It also supports India's clean mobility goals by deploying heavy commercial EVs across various sectors. International Finance Corporation (IFC) will provide $20 million equity investment in Transvolt Mobility, m ...Read More >
Chennai : TVS Industrial & Logistics Parks (TVS ILP), India's pioneering developer of Grade A warehousing and industrial infrastructure, marked a major milestone today with the successful listing of its Infrastructure Investment Trust (InvIT) -- TVS Infrastructure Trust -- on the National Stock Exchange (NSE). Speaking at the listing ceremony, Ravi Swaminathan, Founder & Vice Chairman, TVS Industrial & Logistics Parks Private Limited said: "Today is a momentous day for our Infrastructure Invest ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Prime Minister Narendra Modi has emplaned for Namibia -- the final stop of his five-nation visit -- after wrapping up his State Visit to Brasilia where he met Brazil President Luiz Inacio Lula da Silva and also attended the 17th BRICS Summit in the Brazilian city of Rio de Janeiro. Taking to X, the PMO wrote: "PM @narendramodi has boarded for Namibia, the final destination of his tour" Also, External Affairs Ministry spokesperson Randir Jaiswal wrote on X: "P ...Read More >
New Delhi: On a humid Beirut morning, an American envoy left the Lebanese presidential palace holding a confidential seven-page letter. Tasked by Washington to deal with the Syrian crisis, the man had just received Beirut's official reply to a proposal - disarm Hezbollah. The visit came while Israeli warplanes were still bombing what they claimed were Hezbollah targets across southern Lebanon. Civilians had died. A ceasefire signed in November last year was still, technically, in place, but its ...Read More >
TVS Industrial & Logistics Parks (TVS ILP), a part of the TVS Mobility Group and a joint venture between TVS Supply Chain Solutions (TVS SCS) and Ravi Swaminathan & Family, has listed its Infrastructure Investment Trust (InvIT) -- TVS Infrastructure Trust -- on the National Stock Exchange (NSE). The company develops Grade A warehousing and industrial infrastructure. This initiative is backed by marquee global and domestic investors, including the International Finance Corporation (IFC), a membe ...Read More >
New Delhi, Jun 26 (PTI) Singapore-based Cube Mobility Investments on Thursday divested a 3.62 per cent unitholding in Cube Highways Trust for Rs 615 crore through open market transactions. As per the bulk deal data on the BSE and NSE, Cube Mobility Investments Pte sold more than 2.81 crore units of Cube Highways Trust (Cube InvIT) on the BSE and it offloaded 2.01 crore units on the NSE, representing a combined 3.62 per cent unitholding in Cube InvIT . Also Read | What Are the New Metro Compens ...Read More >
New Delhi, Jun 26 (PTI) Singapore-based Cube Mobility Investments on Thursday divested a 3.62 per cent unitholding in Cube Highways Trust for Rs 615 crore through open market transactions. As per the bulk deal data on the BSE and NSE, Cube Mobility Investments Pte sold more than 2.81 crore units of Cube Highways Trust (Cube InvIT) on the BSE and it offloaded 2.01 crore units on the NSE, representing a combined 3.62 per cent unitholding in Cube InvIT . The units were sold at an average price of ...Read More >
New Delhi, Dec 13 (PTI) Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 13, 2024 Declared, Check Winning Numbers a ...Read More >
New Delhi, Dec 13 (PTI) Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. The issue saw strong demand from long-term investors including a mix offerings from institutions, mutual funds, and ...Read More >
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