world bank

India has dismissed the supplemental award issued by the tribunal as illegal, asserting that Pakistan bypassed the Neutral Expert mechanism and used international arbitration to undermine India’s sovereignty and distract from cross-border terrorism.

The World Bank, in its report Poverty and Equity Brief for India, released in April 2025, revealed that Extreme poverty (living on less than USD 2.15 per day) fell from 16.2 per cent in 2011-12 to 2.3 per cent in 2022-23.

In the latest ranking, Mundra Port, developed by Adani Ports and SEZ Ltd, has also risen the index, moving up from 48 last year to 27. Visakhapatnam Port also climbed up the index at 19 from 115th position in 2022.

World Bank Country Director for Pakistan, Najy Benhassine said that Pakistan's economic development is limited to the elite which resulted in the country lagging behind

Highlighting that Pakistan’s economic model has failed completely, World Bank asked Pakistan to tax agriculture and real estate.

The GPFI document, prepared in anticipation of the G20 Summit hosted by India, noted the significant steps taken by the Narendra Modi-led government and the pivotal role of government policies and regulations in shaping the DPI landscape.

India will scale up and accelerate the pace with which it is increasing its share of renewable energy. Further, it will help boost the development of green hydrogen within the country.

India has always been a responsible partner in implementing the IWT. Pakistan's actions, however, have encroached on the provisions of IWT and their implementation and forced India to issue an appropriate notice for modification of IWT, sources said.

The World Bank has raised India's GDP growth prediction due to the country's strong economic performance.

Egypt, the largest importer of Wheat globally, imports over 62% of its total annual wheat needs.