Developing nation's share of global investment to reach $158 t...

1:47 AM [WASHINGTON] CENTRAL banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the International ...

Renegotiating contracts terms with the private sector may be a difficult task for people in the government. But, as the government is increasingly depending on the private sector to develop infrastructure such as roads and ports, it may now have to ...

Vatican City, Rome: The Vatican Bank, a centre of scandals for decades, is to launch its own website and publish its annual report in an effort to increase transparency, its new president said. Ernst von Freyberg told the bank's employees of the ...

25-year-term soft loan is for a low-income housing programme New Delhi, May 17: The World Bank Group has approved a $100 million concessional loan to the National Housing Bank (NHB) for a low-income housing programme. The soft loan is being provided under the ...

Somasundaram P R, World Gold CouncilRising import of gold has been of concern to all be it Reserve Bank of Inida (RBI), finance ministry and others as it has a big role in pushing up India’s Current Account Deficit (CAD) to a record high of around 6.7% ...

They hacked into a database of prepaid debit cards and drained cash machines in one of the worlds biggest ever bank heists. They breached computer systems of a payment processing firm in India for the con job...

More than 1.5 billion people live in places affected by conflict and extreme violence, where governments can't fully function, and progress in achieving basic human development outcomes is stalled. What will it take to end extreme poverty by 2030? ...

World stock markets mostly rose Monday as weaker-than-expected U.S. growth added to expectations that central banks will continue easy monetary policies to support economic recovery.

Developing economies are bound to play a larger role in financial markets as their share of global capital is seen rising to 50 percent by 2030 from less than one-third today, the World Bank's chief economist said. In a report building scenarios for ...