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World Bank

On September 19, 1960, the Indus Water Treaty was signed in Karachi between India and Pakistan, mediated by the World Bank. The agreement established water-sharing rights for the Indus River and its tributaries: Jhelum and Chenab were designated as western rivers for Pakistan, while Ravi, Beas, and Sutlej were declared eastern rivers for India. The treaty included provisions for ongoing negotiations and site inspections, leading to the formation of the Indus Commission to facilitate meetings between the commissioners of both countries. Following the 1947 partition, both nations had laid claim to the Indus River and its tributaries, primarily affecting the Punjab and Sindh regions.
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This Day in History| Indus Water Treaty Signed | Batla House Encounter

World Bank Senior Economist Ran Li stated that an improved monsoon and increasing private consumption have led to an upward revision of India's GDP forecast.
Special Updates

India’s Economic Surge: World Bank and IMF Boost Growth Forecasts for FY25 to 7%

Middle-income trap hinders progress of 108 developing countries; including India, China: World Bank
World

World Bank Report Highlights Challenges for Developing Countries Seeking High-Income Status

World Bank Approves $1.5 Billion Green Energy Financing for India's Low-Carbon Development
World

World Bank Approves $1.5 Billion Green Energy Financing for India’s Low-Carbon Development

World Bank Warns Maldives of High Debt Distress and Financial Vulnerability
World

World Bank Warns Maldives of High Debt Distress and Financial Vulnerability

World Bank Warns: Over 10 Million New Pakistanis Face Poverty Risk
World

World Bank Warns: Over 10 Million New Pakistanis Face Poverty Risk

The World Bank has said that growth in South Asia is expected to be strong at 6.0 % in 2024, driven mainly by robust growth in Bharat.
World

World Bank Projects Bharat’s Growth To Reach 7.5% In FY 23-24

Ukraine Secures $1.5 Billion Funding Tranche Through World Bank Initiative
World

Ukraine Secures $1.5 Billion Funding Tranche Through World Bank Initiative

Pakistani Nationals Rally Outside IMF & World Bank HQ in Washington, Urging Against Loans to Pakistani Government
World

Pakistani Nationals Rally Outside IMF & World Bank HQ in Washington, Urging Against Loans to Pakistani Government

World Bank Urges Urgent Reforms for Pakistan's Economic Revival
Business

World Bank Urges Urgent Reforms for Pakistan’s Economic Revival

Bharat Leads Global Remittances with $125 Billion Inflows: World Bank
Business

Bharat Leads Global Remittances with $125 Billion Inflows: World Bank

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