Neelkanth Mishra noted that the cushion available within the pricing system remains adequate and that earlier fears of significantly larger fuel subsidies have not materialised.
The discussions focused on potential collaboration in areas such as establishment of critical mineral processing parks, manufacturing, investments, logistics infrastructure, industrial corridor development, skill enhancement and technology support.
The World Bank has projected India's growth at 6.6% in the Financial Year 2026-27. India's growth is skewed to the downside, even as ample foreign exchange buffers and a well-capitalised banking system help manage risks, the World Bank said.
A delegation of the state’s housing urban development department undertook an exposure and knowledge-sharing visit to Chennai to glean tips for affordable housing and urban habitat initiatives supported by the World Bank and the Asian Development Bank.
Over the past decade, Indian startups and emerging enterprises have attracted more than $150 billion in private investment, spanning venture capital, private equity, and growth funding, placing India among the largest startup investment destinations globally.
World Bank President Ajay Banga stated that the development of Uttar Pradesh would play an vital role in establishing India as a developed nation on the global platform.
In a landmark moment for Uttar Pradesh's development trajectory, Uttar Pradesh Chief Minister Yogi Adityanath met with World Bank President Ajay Banga and launched two ambitious initiatives – 'UP AGREES' and 'AI Pragya' – geared toward accelerating agricultural innovation and digital transformation in the state.
In a major setback for Islamabad, World Bank President Ajay Banga clarified that his institution has no role in settling the Indus Water Treaty issue between India and Pakistan.
The Centre has launched a revamped Microdata portal, marking a significant step in enhancing data accessibility, user experience, and the integration of advanced technologies in the Official Statistical System.
Among modern economists, the person who completely revolutionized economic thinking and practice during the Great Depression of 1930s had been John Maynard Keynes whose unconventional ideas contained in his book, The General Theory of Employment, Interest and Money, brought new hopes of salvaging war-ravaged European economies.
