Government approves senior bureaucrats' postings to IMF, ADBThe Centre has approved several key foreign postings for senior bureaucrats. Satyajit Mohanty will represent India at the International Civ...
Macquarie in advanced talks to buy Fourth Partner EnergyMacquarie Asset Management is close to finalizing a major acquisition of a substantial stake in Fourth Partner Energy, a prominent renewabl...
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...
KKR backed Serentica Renewables secures $1.2 bn fundingSerentica Renewables has secured over $1.19 billion across three financing transactions. This funding will accelerate capacity expansion an...
Bengal CM blames previous TMC govt for loss of Europe air links, mounting debt on state's economyWest Bengal's Chief Minister blamed the prior administration for lost air connectivity and state debt. His government plans to rejuvenate t...
West Bengal CM Suvendu Adhikari outlines ambitious transport plans ranging from new metros & electric buses to greenfield airportWest Bengal will see visible transport changes within one year under the new government. Kolkata will receive a Water Metro and two new int...
Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
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...
Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
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...
Include infra loans in priority sector in absence of vibrant bond market: SBI economistsEconomists propose reviewing priority sector lending guidelines for banks. They note banks struggle to meet targets without certificate pur...
ADB approves USD 230 million loan to modernise water supply and sanitation in ChennaiChennai's water infrastructure is set for a major upgrade with a USD 230 million loan from the Asian Development Bank. This initiative aims...
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 ...
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...
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...