India Eyes School Bus Electrification to Transform Private Transit
School buses are identified as the primary catalyst for electrifying India's private bus sector, which comprises 1.6 million vehicles.

School buses are identified as the primary catalyst for electrifying India's private bus sector, which comprises 1.6 million vehicles.

The World Bank has upgraded 2026 growth forecasts for Vietnam, Malaysia, and Thailand, driven by the global surge in demand for AI-related hardware manufacturing.

The World Bank increased its 2026 growth forecast for East Asia and the Pacific to 4.5%, citing strong AI-related exports while warning of risks from over-reliance on the sector.

The World Bank Group raised $69 billion in private capital in fiscal year 2025, as President Ajay Banga shifts the institution toward a securitization-focused business model.

The World Bank will disburse $841 million to Ukraine for pension payments, with the Government of Canada providing a guarantee for the funding.

Global commodity prices have hit record highs, with the World Bank projecting a 16% increase in average costs for 2026 amid persistent inflationary pressures.
