IANS- India must undertake financial reforms in three key areas — sound regulations for non-banking financial companies (NBFCs), allow private sector banks in a big way in the banking sector and deepen capital market to aide growth — World Bank group President David Malpass said during a media interaction on Saturday. Malpass, who is […]
Tag: World Bank
India likely to gain $11bn in exports from US-China trade war: UNCTAD
Arul Louis(IANS)- There may be a golden lining for India in the dark clouds of the tariff war waged by US President Donald Trump against China, and it is likely to increase its exports by as much as $11 billion if the proposed tariffs go into effect next month, according to the UN’s trade […]
India takes a giant stride in ‘Ease of doing Business’ index, ranks 77
indica Washington Bureau In what can be called a sign of good economic health, India jumped 23 places to move to 77th position among 190 nations in this year’s global ease of doing business rankings. According to the World Bank’s annual ‘Doing Business 2019: Training for Reform’ report, released on October 31, India carried […]