September 2, 2026 10:42 AM

India can clock growth beyond 8%: World Bank’s Ajay Banga

India has the potential to grow beyond its current 7-8 per cent trajectory, World Bank President Ajay Banga has said, describing the country’s latest economic performance as robust despite global energy pressures, trade uncertainty and the impact of El Niño. In an exclusive interview with IANS on the sidelines of the G20 Finance Ministers’ meeting in Asheville, Banga said the latest growth figures reflected the strength of India’s underlying economy. “India is now delivering regularly...

September 2, 2026 10:09 AM

FM Sitharaman meets World Bank chief Ajay Banga, discusses deeper partnership and private capital mobilisation

Union Finance and Corporate Affairs Minister Nirmala Sitharaman met World Bank Group President Ajay Banga on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville on Tuesday, with discussions focusing on further strengthening the India-World Bank partnership. FM Sitharaman appreciated the World Bank Group’s continued engagement with India and acknowledged the speedy processing of $1.5 billion in Development Policy Financing (DPF). She also appreci...

September 2, 2026 10:02 AM

FM Sitharaman meets IMF chief, discusses global outlook and India’s growth trajectory

Union Finance and Corporate Affairs Minister Nirmala Sitharaman met International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville on Tuesday. During the meeting, the two leaders discussed the global economic outlook and India’s evolving growth trajectory. Georgieva appreciated India’s strong economic performance and track record, and noted the resilience and strength built by th...

September 2, 2026 10:26 AM

FM Sitharaman holds wide-ranging bilateral meetings at G20 finance meet, discusses global economic cooperation

Finance Minister Nirmala Sitharaman held a series of high-level bilateral meetings with global financial leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville, discussing ways to deepen economic cooperation, boost investment and strengthen partnerships across infrastructure, technology, trade and emerging sectors. FM Sitharaman met World Bank Group President Ajay Banga and discussed further strengthening the India-World Bank partnership, i...