The United States on Feb 23 nominated Indian-American Ajay Banga to lead the World Bank. Exuding confidence in Banga, President Biden announced that the White House is nominating ex-Mastercard CEO as World Bank head. The Indian-origin and Padma Awardee is currently serving as the vice-chairman at private equity firm General Atlantic. President Biden also said that Banga has a critical experience mobilizing public-private resources to tackle the challenges of current scenario. The decision came after David Malpass, the current President of the World Bank announced his plans to step down.
25 February,2023 12:31 AM IST | Mumbai
Prime Minister Narendra Modi inaugurated Madhya Pradesh Global Investors Summit in Indore today, through video conferencing.The Prime Minister said India has been on the path of ‘Reform, Transform and Perform’ since 2014. “Not just we the Indians but every institution and expert in the world seems to be confident about this. The IMF sees India as a bright spot in the global economy. The World Bank says that India is in a better position to deal with global headwinds than many other countries,” said the PM. Delegations from more than 65 countries are participating in the Global Investors Summit. More than 500 prominent industrialists in the country are also participating in the summit.
11 January,2023 05:34 PM IST | Mumbai
World Bank Chief Jim Yong Kim speaks to NDTV on music and movies in Korea. Video courtesy: NDTV
14 March,2013 04:15 PM ISTADVERTISEMENT
