World Bank  

The discussion on the World Bank's decision to drop the $300 million loan proposal for the Amaravati Sustainable Infrastructure and Institutional Development Project caused a ruckus in Andhra Pradesh Assembly with parties trading charges

Proceedings of the Rajya Sabha were adjourned thrice during the pre-lunch period after repeated protests by Tamil Nadu parties led by the AIADMK over their demand that the exam for postmen be held in Tamil language. The World Bank will extend a $250 million loan for the Resilient Programme in Kerala, which was left devastated after one of the worst floods in nearly a century last August. Watch the top headlines of the day from across the country on MyNation in 100 seconds.

The $250 million loan is aimed at enhancing the state's resilience against impacts of natural calamities and climate change in Kerala.
 

Pakistan Prime Minister, Imran Khan, has communicated his concern about the “shortage of tomatoes” to the Indian Prime Minister Narendra Modi and has requested to export tomatoes to Pakistan

World Bank's current president Jim Yong Kim had earlier this month announced that he would step down from his post in February to join a private infrastructure investment firm. His unexpected departure came nearly three years before the end of his term.

In 2018, the Chinese economy is estimated to have grown by 6.5 per cent as against India's 7.3 per cent . In 2017, China with 6.9 per cent growth was marginally ahead of India's 6.7 per cent , mainly because the slowdown in the Indian economy due to demonetisation and implementation of the Goods and Services Tax (GST), the report said.

In October, India introduced a second set of tariff hikes owing to burgeoning current account deficit and the fall in the rupee. 

In its annual report, the World Bank said India has improved on six of the 10 parameters, which includes ease of starting a business, construction permits, getting electricity, getting credit, paying taxes, trade across borders, enforcing contracts and resolving insolvency

Annual meet of the International Monetary Fund (IMF) event: Students turn vulnerable with lack of opportunity, says 14-year-old, Lakshya Subodh, youngest speaker from Bengaluru. 

Items on the Indian sensitive list can be imported at the most-favoured-nation tariffs from any SAFTA country, including Pakistan, because India accorded Pakistan the status in 1996, soon after the accession of the two countries to the World Trade Organisation (WTO)