World Bank downgrades global growth in 2016; cites slowdown in major emerging economies

World Bank downgrades global growth in 2016; cites slowdown in major emerging economies

New York, Jan 8 (Just Earth News/IBNS) Global growth disappointed again in 2015 slowing to 2.4 per cent and is expected to recover at a slower pace than previously envisioned, the World Bank Group said on Thursday in a new report, which also warned that a broad-based slowdown across developing countries could pose a threat to hard-won gains in raising people out of poverty.

by IBNS January 08, 2016

World Bank report makes out a lot of positives on West Bengal: Bengal Chamber

World Bank report makes out a lot of positives on West Bengal: Bengal Chamber

Kolkata, Sept 16 (IBNS) The World Bank report, Assessment of State Implementation of Business Reforms, shows that West Bengal is ranked 11th among the 32 States and Union Territories surveyed, but a leading business chamber here says there are lots of positives in the report in favour of the state too.

by IBNS September 16, 2015