IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
Can a weak monsoon slow India's economy? Here's what investors need to knowA 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by...
What is behind South Africa's anti-immigrant protests?South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being ov...
Bangladesh urges China to reduce trade gapBangladesh's Prime Minister Tarique Rahman urged China to reduce the trade gap and diversify exports during his Beijing visit. He sought su...
ADB approves USD 42.2 mln loan to boost bamboo industry in northeast regionThe Asian Development Bank has approved a $42.2 million facility to boost India's northeastern bamboo industry. This initiative aims to enh...
World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
India's biggest space-tech opportunity lies downstream, not just in launchesSpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI driving value. While India's space st...
'Part of our national security': Pakistan threatens war against India over Indus Water TreatyPakistan's Defence Minister has issued a stark warning to India, threatening war if its water security is jeopardized. This comes as Pakist...
Vice President CP Radhakrishnan to participate in International Yoga Day in LadakhVice President CP Radhakrishnan arrived in Leh for a three-day visit to Ladakh, coinciding with International Yoga Day celebrations. He wil...
World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
Seven-fold rise in funds under externally aided projects in northeast under Modi government: Nirmala SitharamanChairing a conference on "Leveraging externally aided projects in the northeastern states" here, she said that assistance under the externa...
Mizoram CM Lalduhoma highlights role of externally aided projects in Northeast development at Shillong seminarMizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...
International Finance Corporation announces $371 million investment in data centre operator SifyThe International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Nav...
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...
World Bank Raises India's FY27 Growth Forecast to 6.6%India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US t...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...