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MULTILATERAL DEVELOPMENT BANKS
BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala SitharamanNirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk inves...- World Bank urges developing nations to seize AI opportunityDeveloping nations should embrace artificial intelligence for rapid advancement. AI offers significant improvements in healthcare, educatio...
- India’s BRICS Presidency gathers momentum with key Ministerial meets early AugustIndia will host several BRICS ministerial meetings over the next two weeks. These meetings precede the major summit scheduled for September...
- India could face 100% tariffs under proposed US Russia sanctions billMany Democrats, some Republicans, and industry trade groups are unhappy about a provision in the long-stalled bill that would let Trump imp...
- ADB okays $1.8 billion loans for urban reforms, rooftop solar pushThe urban programme will support implementation of the Urban Challenge Fund by strengthening urban institutions, improving integrated plann...
- Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
- Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
- India's clean energy growth like Tendulkar, Vaibhav Sooryavanshi rolled into one: UN climate chiefIndia possesses strong competitive advantages in the global clean energy race. The nation's tech-savvy workforce and renewable energy growt...
- Explained: Venezuela's complex and contested debt puzzleVenezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...
- World Bank Group commits $890 million to promote solar rooftop project in IndiaThe World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes...
- ADB cuts India FY27 growth forecast to 6.6% on higher oil pricesThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will i...
- ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...
- ADB cuts India's FY27 GDP growth aim to 6.6% on higher energy pricesThe Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purc...
- IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...
- Govt plans fresh policy interventions to strengthen MSME manufacturing ecosystemThe ministry has launched a nationwide consultation exercise to strengthen the MSME ecosystem and their manufacturing base; it has received...
- Middle class to remain India’s growth engine: FM SitharamanIndia's middle class is identified as the primary driver of the nation's robust economic expansion, fueling consumption and ensuring its st...
- World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
- Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
- India remains ADB's largest private sector market; lender eyes USD 1 bn direct support in 2026India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...
- India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
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