India focused on urban infrastructure, e-mobility, and renewable energy for growth: FM SitharamanFinance Minister Nirmala Sitharaman emphasized the need for sustainable infrastructure amid climate change and geopolitical tensions at the...
26 Sep, 2024, 10.14 AM IST
FM Sitharaman discusses strategic partnership with Uzbekistan Dy PM KhodjaevFinance Minister Nirmala Sitharaman met Uzbekistan Deputy Prime Minister Jamshid Khodjaev to discuss strategic partnerships in various sect...
25 Sep, 2024, 07.54 PM IST
JBM Ecolife Mobility secures USD 100 mn funding from ADB, AIIB for electric bus expansionJBM Ecolife Mobility has secured USD 100 million in funding from the Asian Development Bank and the Asian Infrastructure Investment Bank. T...
17 Sep, 2024, 01.39 PM IST
FM suggests AIIB to establish regional presence for effective project managementThe finance minister led a roundtable discussion on the theme ‘AIIB 2030-Supporting Asia’s Development over the Next Decade’, during which ...
28 Jul, 2020, 07.22 PM IST
Asian Infra Bank to invest $575 million in suburban rlys, clean energyThe loan from Asian Infra Investment Bank is priced at 140 bp more than LIBOR with a tenor of 20-25 years
16 Nov, 2019, 08.42 AM IST
AIIB approves investing $575 million in suburban railways and Tata CleantechWith this, the Beijing-headquartered developmental bank's overall commitment to the country has gone up to nearly USD 3 billion, making it ...
15 Nov, 2019, 11.01 PM IST
AIIB to launch local currency financing in India, RussiaHe urged countries to work together on domestic reforms, policy coordination, and holistic thinking about country and regional infrastructu...
12 Jul, 2019, 05.47 PM IST
India's boycott of BRI not to affect trade ties with China: Indian envoyIndia had also boycotted the first BRF held in 2017. New Delhi's reluctance to join the BRI has become a major irritant in the relations be...
03 May, 2019, 05.30 PM IST
Centre committed to fiscal consolidation; India an investor-friendly economy: Modi at AIIB meetThe Government is firmly committed to the path of fiscal consolidation. Government debt as percentage of GDP is consistently declining, sai...
26 Jun, 2018, 02.11 PM IST
Integrated Indian market will help attract FDI in South Asia: Asian Development Bank"India has a strong potential, but its markets should be more integrated. The powers of the state governments must be balanced with the cen...
05 May, 2017, 12.49 AM IST
- China-based AIIB no rival, can co-finance infra projects: ADB President
China-headquartered AIIB was formed in 2015 and has 52 members while the Manila-based ADB has 50 years of lending experience and has 67 mem...
04 May, 2017, 04.45 PM IST
World Bank, AIIB sign co-financing framework agreementThe World Bank and the Asian Infrastructure Investment Bank (AIIB) today signed the first co-financing framework agreement paving the way f...
14 Apr, 2016, 12.23 PM IST
AIIB to become operational this month, to boost infra fundingInfrastructure financial institution Asian Infrastructure Investment Bank (AIIB), in which India is a founder member along with 56 other co...
11 Jan, 2016, 06.55 PM IST
New Development Bank's first loan will be in Chinese currency:KV KamathThe NDB will have an initial authorised capital of $100 billion and initial subscribed capital of $50 billion equally shared among the five...
24 Jul, 2015, 12.56 PM IST
BRICS bank opens for business in ChinaThe opening -- announced in a short despatch -- comes two weeks after a BRICS summit hosted by Russian President Vladimir Putin.
21 Jul, 2015, 07.08 PM IST
BRICS bank, AIIB to break IMF, World Bank monopoly: China think tankA characteristic of the BRICS summit at Ufa was economic and trade cooperation, especially the collaboration of development strategy among ...
14 Jul, 2015, 04.12 AM IST
Xi Jinping's visit should mark new era in Indo-China relationsAs a goodwill gesture, Xi could be invited to address a joint session of the Indian Parliament.
10 Sep, 2014, 04.32 PM IST