World Bank Report News - Latest Updates & Headlines
NRI remittances soar to record $129.4 billion in 2024, India retains top rank
New Delhi, April 1: Indians working abroad sent home a record $129.4 billion in 2024 with the highest-ever inflows of $36 billion in the October-December quarter, according to the latest figures compiled by the Reserve Bank of India (RBI).
India needs to grow by 7.8 pc to reach high-income status by 2047, a possible target: World Bank
New Delhi, Feb 28: A new World Bank report on Friday said that India needs to grow by 7.8 per cent on average over the next 22 years to achieve the country's aspirations of reaching high-income status by 2047 -- a target that is possible to achieve.