Searched for
MULTILATERAL DEVELOPMENT BANKS
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
Without meaningful reform, effectiveness and credibility of UN will remain constrained: Jaishankar at BRICSIndia is strongly advocating for major changes in global institutions. External Affairs Minister S. Jaishankar stated that the United Natio...
Belarus eyes deeper BRICS partnership, strengthens India ties for multipolar worldBelarus eyes full BRICS membership, seeking a multipolar world order. The nation is deepening its strong relationship with India. Key areas...
NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bondsThe PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development B...
Iran Foreign Minister Araghchi begins 3-day India visitIran's Foreign Minister Abbas Araghchi is in New Delhi for crucial BRICS talks, focusing on the escalating West Asian crisis and its impact...
Crude oil prices likely to stay higher for longer: ADB Chief EconomistCrude oil prices are set to remain high due to the Middle East crisis. This will affect India's economy, lowering GDP growth in FY27. Infla...
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risksThe Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...
Sustained reforms will help India maintain growth momentum, says ADB’s Albert ParkIndia's economy shows strong growth prospects despite global challenges. The Asian Development Bank highlights the need for continued refor...
India urges ADB to scale up lending, push reforms to support developing economiesIndia urged the Asian Development Bank to increase its lending capacity and adopt a more transformative approach to aid developing economie...
ADB should step up capital expansion measures, adopt 'more transformational approach': MoS FinanceIn his address at the ADB Annual Meetings, Pankaj Chaudhary also said that the multilateral funding institution should adopt a "more transf...
ADB calls for accelerating structural reforms in Asia PacificThe Asian Development Bank urges greater regional cooperation and faster reforms in Asia Pacific. The bank warns of overlapping crises incl...
Asia finance leaders say they are ready to act to stem volatility risksFinance leaders from China, Japan, South Korea, and ASEAN nations met in Samarkand. They pledged to watch for excessive financial market vo...
Betting big on Amaravati: Execution, funding and a real trust test aheadThe Andhra Pradesh Reorganisation (Amendment) Act 2026 has formally settled Amaravati as the state’s capital, ending years of political unc...
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
MDBs to deepen collaboration to support nations amid heightened global uncertaintyGlobal development banks are joining forces to help countries navigate economic challenges. They are combining resources and knowledge to m...
Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...