Venezuela earthquake death toll rises to 2,595Venezuela's interim president, Delcy Rodriguez, revealed Friday that twin earthquakes on June 24 have claimed 2,595 lives. This grim update...
Sri Lanka, Vietnam upgraded to 'upper-middle income' statusVietnam and the Philippines have officially joined the upper-middle income bracket, a significant upgrade by the World Bank following years...
Pakistan alleges, yet again, India making efforts to control riversPakistan has strongly refuted India's alleged attempts to control rivers, particularly the Indus basin, by treating water as a "strategic a...
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...
Indus Waters Treaty remains 'valid, binding and operative': Pakistan Deputy PM DarPakistan vehemently rejects India's revocation of the Indus Waters Treaty, asserting its continued validity and binding nature. Deputy Prim...
On This Day in History, July 1: Terminator 2 premiers, Dominion of Canada is formed, Bretton Woods Conference opens, Hong Kong returns to China, Sony Walkman debuts, Princess Diana is born and other key eventsOn This Day in History, July 1 marks a date shaped by major military campaigns, nation-building, scientific breakthroughs and cultural mile...
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...
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...
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...