Pakistan approaches World Bank over Indus treaty

Pakistan approaches World Bank over Indus treaty

Pakistan today approached the World Bank amid reports that India could revoke the 56-year- old Indus Water Treaty, with senior Pakistani officials taking up the matter with the international lender which had mediated the water-sharing deal

Zambia to complete 50 MW World Bank solar project in September

Zambia to complete 50 MW World Bank solar project in September

Zambia will complete its first large-scale 50 megawatt (MW) solar power generation plant in September this year as the nation battles a power deficit which threatens industrial output, a state-owned agency said on Tuesday. The electricity shortfall has forced Africa’s second-largest copper producer to ration power supply to the mines, the biggest consumers. The $60 […]

UP Cabinet Gives Nod To A Number Of Road Projects

UP Cabinet Gives Nod To A Number Of Road Projects

The Uttar Pradesh Cabinet today gave its approval to a number of road projects in the state which would be carried out with the help of Asian Development Bank (ADB) or the World Bank. These projects would be completed in 18 to 24 months.

Could India upend the World Bank’s cosy energy consensus?

Could India upend the World Bank’s cosy energy consensus?

The International Monetary Fund (IMF), and World Bank held their annual spring meetings in Washington DC last week. The issues facing emerging economies figured front and centre—even if much of the outside commentary focused on the fate of global trade.

India consumers, govt face squeeze as World Bank sees oil on the boil

India consumers, govt face squeeze as World Bank sees oil on the boil

The World Bank has projected a 20% jump in global prices of energy commodities – crude oil, gas and coal – this year, indicating a continued squeeze on fuel consumers in India and raising the prospect of cramping the government’s social spending ability as it heads back to people for another mandate.

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