Everything you need to know about World Bank: news, reviews, in-depth analysis, opinion and more
World Bank, the largest bank in the world is the international Bank that finances for each and every sector of life and for its development. The bank provides technical as well as financial assistance to all the developing and underdeveloped countries in the world for their all round development and mostly for the elimination of poverty, rise status and per capita income and growth of other aspects. The present attention of the World Bank is on the achievement of Millennium Development Goals providing loans and other financial assistance to the developing and backward countries in the reduction of poverty and the improvement of the standard of life. It offers loans for some basic purposes as-To fight against corruption, Building infrastructure, Developing financial system, Developing consultancy, research and training to boost the economy and make the country able to achieve the growth. The World Bank is funded by various donations from many organizations both govt. and private. It also earns a good deal of finance from its financial share in the international financial market and from the interests of the loan it gives to various countries. The World Bank also takes steps for the educational development of the backward countries of the world. It has 176 countries through out the world as its member states through which its developmental works go on.
Everyone's responsibility is defined and we have to stand up to it: Vandana Kataria
As the Fintro Hockey World League Semi-Final 2015 is set to commence in a few days, India Men Hockey Team is gearing-up for the tournament at Antwerp in Belgium.
India Men Hockey team beat France in their first practice match by 1-0, which was played in Belgium on 13 June 2015.
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BlackBerry 8830 World Edition is the mobile device from Blackberry with 2.5 inches screen and the resolution of the screen is 320 x 240 pixels pixels.
Focus is on our first clash against China at the Hawke's Bay Cup. Will take each game at a time: Sushila Chanu
The Reserve Bank of India is all set to cap banks' large exposure (LE) to each counterparty, including a group of connected counterparties, at 25 per cent of their Tier 1 capital. It has been come into light by the new announcement made by RBI.
One World Trade Center Opens for business 13 years after the 9/11 devastation, 13 years back it was destroyed by the terrorists. The One World Trade Center was reconstructed and now opened after 13 years.
Rome, May 3 (IANS) Antonio Conte, head coach of Italian Serie A club Juventus, has admitted that his side "wasted a bonus" in their 1-1 draw against Lecce at home.
Mumbai, May 3 (IANS) The share price of banking stocks fell sharply Thursday, a day after the Reserve Bank of India (RBI) announced guidelines for implementing Basel III norms that mandate lenders to keep aside a higher percentage of capital that may hit their profits.
Washington, May 3 (ANI): Matt LeBlanc has said that he is against a 'Friends' reunion saying that a movie version of the hit sitcom is a "bad idea."
London, May 3 (ANI): Prince Harry has collaborated with cousin-in-law Mike Tindall in a mission to help military men and women through rugby.
London, May 3 (ANI): Revered soul guitarist, Charles 'Skip' Pitts, died on Tuesday in Memphis after a long struggle with cancer. He was 65.
Los Angeles, May 3 (IANS) Singer Miley Cyrus is reportedly set to judge the American version of singing reality show "The X Factor".
Mumbai, May 3 (IANS) The jeep of a local official cracking down on the sand mafia was set on fire early Thursday in rural Maharashtra, injuring its driver, police said.
Moscow, May 3 (IANS/RIA Novosti) Talks between NATO and Russia over US plans for a projected missile defense system in Europe remain at loggerheads, Russia's Defense Minister Anatoly Serdyukov said Thursday.
London, May 3 (IANS) Celebrity couple Angelina Jolie and Brad Pitt have bought a 10 million pounds mansion here in Richmond area.
Los Angeles, May 3 (IANS) Actress Cameron Diaz says she cried after a hairdresser cut her hair short last year.
Los Angeles, May 3 (IANS) Jessica Alba's three-year-old daughter Honor loves to snatch things, and the actress says her habit is becoming a bit of a problem.
Los Angeles, May 3 (IANS) Actress Scarlett Johansson was honoured with the 2,470th star at the Hollywood Walk of Fame. She says she was over the moon on receiving the accolade.
Los Angeles, May 3 (IANS) British comedian Russell Brand is reportedly dating actor David Hasselhoff's ex-girlfriend.
Washington, May 3 (ANI): How much you enjoy pork meat in a meal may depend on the version of a particular gene you have, according to a new study.
London, May 3 (ANI): Recently engaged celebrity couple Brad Pitt and Angelina Jolie have bought a 10-million-pound mansion for themselves in Richmond, London.
London, May 3(ANI): Tottenham Hotspurs manager Harry Redknapp, who was the popular choice to become new England manager, believes he won't get the opportunity to boss the national team ever again.
Ottawa, May 3 (ANI): Research in Motion's CEO Thorsten Heins has assured BlackBerry users that they are not killing off the physical keyboard from its upcoming smartphone devices.
Kiev, May 3 (ANI): Eugenia Tymoshenko, the daughter of jailed Ukrainian opposition leader Yulia Tymoshenko, has said that her mother is being "brutally beaten" in prison.
Mumbai, May 3 (IANS) A benchmark index for Indian equities markets was trading 126 points down at around noon Thursday, led by selling pressure in auto, realty and banking stocks due to sluggish global cues.
London, May 3 (ANI): A newly discovered postcard from 1916 that had been written by Hitler during World War I shows that the Nazi dictator wasn't great at spelling.
London, May 3 (ANI): A Canadian woman has set a new and unusual land speed record for the fastest motorised toilet.
New Delhi, May 3 (Xinhua-ANI): Britain's Prince Andrew, who is on a week-long visit to India since Sunday, has toured the western naval command headquarters in Mumbai Wednesday, local media reported Thursday.
London, May 3 (ANI): The News Corporation's board of directors have announced its full confidence in Rupert Murdoch's 'fitness' and has vowed to support him to continue 'leading the media firm as its chairman and CEO'.
London, May 3 (ANI): A newly discovered postcard from 1916 that had been written by Hitler during World War I shows that the Nazi dictator wasn't great at spelling.
Music mogul Simon Cowell has said that he "propelled" singer Cheryl Cole into a different league by making her a judge on "The X Factor".
Singapore, May 3 (IANS) Singapore's gaming industry may overtake Las Vegas by the end of this year as the biggest gaming destination in the world, a media report said.
Melbourne, May 3 (IANS) Two British tourists have been fined $1,000 each by a court for becoming drunk and stealing a penguin from a marine park in Australia.
Rome, May 3 (IANS/AKI) Thousands of young Italians are becoming shepherds as a way to make a living after facing the worst employment opportunities in more than a decade, according to a new report.
London, May 3 (IANS/RIA Novosti) Britain has refused to grant political asylum to two former officials of a Moscow bank, after they were placed on the Interpol wanted list on charges of fraud involving government funds.
London, May 3 (IANS) Music mogul Simon Cowell claims that he "propelled" singer Cheryl Cole into a different league when he appointed her as a judge on "The X Factor".
Washington, May 2 (IANS) New orders for US manufactured goods declined in March, after an increase in the previous month, a sign of a bumpy economic recovery, the US Commerce Department said Wednesday.
Abu Dhabi, May 2 (IANS/WAM) The UAE and Finland have discussed ways to boost cooperation, particularly at international forums.
New York, May 2 (ANI): Blogs and websites featuring religious or ideological content are three times more likely than pornographic sites to be infected by malware, according to Symantic's latest Internet security threat report.
Melbourne, May 2 (ANI): Controversial comedian Sacha Baron Cohen recently offered leadership tips to Australian politicians in a bid to promote his upcoming flick 'The Dictator'.
London, May 2 (ANI): Liberace's lover Scott Thorson has sensationally revealed that he shared an intimate relationship with Michael Jackson.
Washington, May 2 (ANI): Rosie Huntington-Whiteley has gone from modelling sexy underwear to designing her own lingerie line.
Nanjing, May 2 (Xinhua-ANI): A shipyard operated by Sinotrans and CSC Holdings Co., Ltd. has signed a memorandum of understanding with Australian billionaire Clive Palmer to build a replica of the Titanic, the shipyard confirmed Wednesday.
Washington, May 2 (ANI): A company in the US is building a laser-based head-up displays, like the ones used in fighter jets, for cars, making them more common and useful.
New Delhi, May 2 (IANS) Finance Minister Pranab Mukherjee is scheduled to visit Manila this week to attend the annual board of governors' meet of Asian Development Bank (ADB).
Monza (Italy), May 2 (IANS) Honda World Superbike Team's Jonathan Rea is geared up to make a podium finish for the first time in Monza during the weekend race.
Dharamsala, May 2 (IANS) The annual Miss Tibet beauty pageant has been cancelled in the wake of renewed tension in Tibet and a series of self-immolations by Tibetans, organisers said here Wednesday.
Dhaka, May 2 (IANS) Bangladesh's foreign currency reserves rose to $10.19 billion in April after the International Monetary Fund (IMF) handed over the first instalment of its loan to the country.
Damascus, May 2 (Xinhua-ANI): Syrian President Bashar al-Assad granted Wednesday a general amnesty that covers only the penalties provided in for some articles of the law of military service and military sanctions, state-run SANA news agency reported.
Damascus, May 2 (Xinhua-ANI): Syrian President Bashar al-Assad granted Wednesday a general amnesty that covers only the penalties provided in for some articles of the law of military service and military sanctions, state-run SANA news agency reported.
London, May 2 (ANI): Beyonce Knowles has revealed that before giving birth to her daughter Blue Ivy, she underwent a thorough beauty session.
London, May 2 (ANI): Leonard Nimoy, who announced his retirement following a final turn as Spock Prime in J.J. Abrams' Star Trek reboot in 2009, may reprise his iconic role in the follow up flick.
London, May 2(ANI): Seven-time snooker world champion Stephen Hendry has announced his retirement, and it has come as a shock to many top snooker figures, who have paid tribute to him.
London, May 2 (ANI): News Corporation has slammed a British lawmaker's key report which said media tycoon Rupert Murdoch is an 'unfit person' to run an international organisation, calling it 'unjustified and highly partisan'.
London, May 2 (IANS) Actor Daniel Radcliffe is set to play a doctor in a yet-to-be-titled TV drama about Russian doctors in World War I.
Myanmar witnessed a memorable day in its history when leader of opposition Aung Saan Sue ki took oath
Washington, May 2 (ANI): Software giant Microsoft has announced that any app containing 'racy' or 'sexual' content will be removed from its phone-app store.
Washington, May 2 (ANI): Lamar Odom is set to take a break from reality TV to focus on making it to the US basketball squad for the London Olympic Games this summer.
Washington, May 2 (ANI): People are ready to do and sacrifice a lot to be able to work from home, according to a new study.
Los Angeles, May 2 (IANS) Actor Jason Statham says singer Jennifer Lopez was fun to work with on the sets of crime thriller "Parker".
Washington, May 2 (ANI): Thousands of tons of American military equipment intended for the Afghan army and police forces is stranded in Pakistan, as Islamabad refuses to reopen ground supply routes for NATO convoys despite increasing pressure from Washington, according to a new Pentagon report.
Oslo, May 2 (ANI): World champion swimmer Alexander Dale Oen passed away after suffering a cardiac arrest. He was 26.
New York, May 2 (ANI): The Dow Jones industrial average reached its highest close in more than four years following an accelerated growth in its manufacturing within 10 months, an industry survey firm has revealed.
London, May 2 (ANI): Lexi Thompson, the American teenager who finished as runner-up at the Mobile Bay LPGA Classic on Sunday, has become an internet sensation after she posted a video offering to take a military man on a prom date next month in Florida.
Melbourne, May 2 (ANI): Lara Bingle has revealed that she felt "violated" and "embarrassed" by the paparazzi photos of her naked on her balcony.
Wellington, May 2 (ANI): New Zealand cricket coach John Wright has cited philosophical differences with Australian John Buchanan as a factor in his decision to step down from his job when his contract expires.
Sheffield (England), May 2 (IANS) Stephen Hendry, widely recognised as the greatest ever snooker player, has announced his retirement from his glittering professional career.
La Paz, May 2 (IANS/EFE) Bolivian President Evo Morales announced Tuesday the nationalization of an electricity distributor owned by Spanish utility REE.
Kabul, May 2 (ANI): US President Barack Obama, on a surprise visit to Afghanistan, has claimed that America's goal to defeat Al-Qaeda and deny the terror group a chance to rebuild was now 'within reach'.
Dubai, May 1 (IANS/WAM) The Emirates Islamic Bank announced Tuesday that its operating profits rose to 138 million dirhams (about $16 million) at the close of the first quarter of 2012.
Dubai, May 1 (IANS/WAM) The UAE environment and water ministry has announced withdrawal of food products manufactured by the Canada-based TWI Food, as they contain almonds and milk which are not declared on the label.
Sydney, May 1 (IANS) Australian coach Mickey Arthur said Tuesday that former captain Ricky Ponting was very much in the reckoning to play in next year's Ashes series in England.
London, May 1 (IANS) Media mogul Rupert Murdoch was not fit to "exercise the stewardship" of a major international company like News Corp, British MPs have said.
Los Angeles, May 1 (IANS) Actress Maggie Gyllenhaal and husband Peter Sarsgaard have become proud parents of a girl.
Washington, May 1 (ANI): Mena Suvari has revealed that she almost walked away from Hollywood forever when she became disillusioned with the movie industry after the huge success of 'American Beauty'.
London, May 1 (IANS) Former Italian prime minister Silvio Berlusconi told two girls wanting a bunga bunga sex party at his home that it would be a quiet evening because he was "mad for it" the night before, a media report said.
Wellington, May 1 (IANS) New Zealand coach Joh Wright has decided to step down from his post after the team's tour of the West Indies next month.
Colombo, May 1 (Xinhua-ANI): Sri Lanka's annual inflation rate rose to 6.1 percent last month reaching a seven-month high compared to 2011, showed latest data on Tuesday.
Colombo, May 1 (Xinhua-ANI): The mobile telephone users in Sri Lanka have increased rapidly over the year 2011 with more than 105 telephone connections for 100 people, a spokesman said on Tuesday.
New Delhi, May 1 (Xinhua-ANI): Britain's Prince Andrew, who is on a week-long tour of India since Sunday, Tuesday visited the northeastern state of Nagaland where he paid homage to martyred soldiers at a World War II cemetery in capital Kohima, sources said.
Washington, May 1(ANI): American golfer Tiger Woods answered questions in a 15-minute video posted on his website instead of interacting through a news conference ahead of this week's Wells Fargo Championship.
London, May 1 (ANI): British lawmakers will publish a report into allegations of phone-hacking at the now defunct tabloid News of the World.
London, May 1 (ANI): A retired soldier from Wales has found out that he has been living with a broken neck for more than 40 years.
Pune, May 1 (ANI): Cricket star Sachin Tendulkar on Tuesday said that it was an honour to be a nominated member of the Rajya Sabha, but his focus would be on playing cricket for the country as long as he could.
Rio De Janerio, May 1 (IANS) Fluminense midfielder Deco has said Brazilian football is suffering from an unhealthy obsession with individual talent.
Colombo, May 1 (IANS) The mobile telephone users in Sri Lanka have increased rapidly over the year 2011 with more than 105 telephone connections for 100 people, authorities said Tuesday.
Los Angeles, May 1 (IANS) Actress Kristen Stewart is set to star as Mya in edgy action movie "Cali" and she would be seen dealing with murder, sex and drugs.
Los Angeles, May 1 (IANS) Actress Cameron Diaz made a strong emotional bond with fellow actress Gwyneth Paltrow after she lost her father due to cancer.
Sydney, May 1 (IANS) The Reserve Bank of Australia (RBA) announced Tuesday that it decided to cut the official interest rate by 50 basis points.
London, May 1 (ANI): Sylvester Stallone, who is writing his fifth 'Rambo' movie, plans to retire his famous alter-ego John Rambo in the final instalment.
Manila, May 1, (Xinhua-ANI): Delegates have begun arriving at the Philippine International Convention Center to register for the Asian Development Bank's (ADB) 45th Annual Meeting of its Board of Governors, which begins Wednesday, a ADB statement said Tuesday.
Washington, May 1 (ANI): The Unites States Government has proposed the introduction of a new bill that would forbid employers from demanding the social networking login and password details of job seekers.
Beijing, May 1 (ANI): Chinese dissident Chen Guangcheng's nephew Chen Kegui has also escaped house arrest in fear of his life.
London, May 1(ANI): England's stylish No 5 batsman Ian Bell believes he is just one knock away from a turnaround in his performance
New York, May 1 (ANI): One World Trade Center, the monolith being built to replace the twin towers destroyed in the 9/11 terror attacks, has become New York's tallest building, overtaking the Empire State Building.
Washington, May 1 (ANI): US President Barack Obama has responded to criticisms that he is engaged in a politicization of the killing of Osama bin Laden, saying there hasn't been 'any excessive celebration' by his administration.
Vienna, May 1 (IANS) China will actively push forward the nuclear disarmament process, said the country's envoy in Vienna Monday.
London, May 1 (IANS) Actor Sylvester Stallone has started working on the fifth instalment of his blockbuster "Rambo" series.
Washington, April 30 (IANS) The US personal consumption expenditures (PCE) rose by 0.3 percent in March, the US Commerce Department said Monday.
