Mumbai, June 6: In a significant development, renowned Indian economist Neelkanth Mishra has been appointed as the Executive Director of the World Bank, effective June 5. He will serve in this role for three years, succeeding Parmeshwaran Aiyar. Mishra began his in 1997 at Hindustan Lever as a Systems Manager and has held various positions, including Senior Technical Architect at Infosys from 2000 to 2023. He has also been a member of the PM Economic Advisory Council and the Telecom Regulatory Authority of India (TRAI), and served as Chief Economist at Axis Bank until recently. The World Bank, established in July 1944, plays a crucial role in global economic diplomacy and infrastructure funding, representing 189 member countries through its 25 Executive Directors.
In sports news, Indian women boxers Meenakshi Hooda and Jasmine Lamboria have made history by achieving the World No. 1 ranking in their respective weight categories as of June 5. Meenakshi secured the top spot in the 48 kg category, while Jasmine excelled in the 57 kg category. This remarkable achievement highlights India’s dominance in women’s boxing, with nine out of the top ten boxers in the International Boxing Association (IBA) rankings being Indian. Both athletes are now key contenders for upcoming events, including the Asian Games and World Championships, following their impressive performances in recent international tournaments.
Additionally, the passing of former Lok Sabha Secretary General Dr. Subhash C. Kashyap on June 4 at the age of 97 has been noted. Dr. Kashyap served as the Secretary General from 1983 to 1990 and was a prominent figure in constitutional law, authoring over 100 books and 500 research papers.
In other news, Shoko Ishikawa has been appointed as the new Country Representative for UN Women in India, presenting her credentials on June 4. She will focus on women’s economic empowerment and safety in the country.
Lastly, Nepal’s Foreign Minister Shishir Khanal is on an official visit to India from June 5 to 7, marking the first ministerial visit since the formation of Nepal’s new government. Discussions during this visit will include trade, investment, and energy cooperation.