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ISA, MIGA set up multi-donor trust fund to support solar projectsThe Multilateral Investment Guarantee Agency (MIGA) and the International Solar Alliance (ISA) have launched a fund to support solar projec...
MIGA to expand India footprint, help in energy transition: OfficialsMIGA typically promotes cross-border investment in developing countries by providing guarantees and credit enhancement tools to induce inve...
London School of Economics and Political Science awarded N.K. Singh, with an Honorary Fellowship.N.K. Singh, former chairman of the 15th Finance Commission, receives Honorary Fellowship from the London School of Economics. Recognized fo...
Dedicated Freight Corridor Corporation of India Ltd raises $100 million from Japan's MUFGThe loan gas been backed by a credit enchancement guarantee by the Multilateral Investment Guarantee Agency (MIGA), a member of the World B...
Ajay Banga becomes new World Bank President: Anand Mahindra lauds his 'unstoppable kinetic energy', Anil Agarwal thanks him for making India proudAjay Banga, former head of Mastercard, has been appointed President of the World Bank. Congratulatory messages from business leaders and po...
IRFC keen to lend to infra projects linked to railway stations"We have to ensure that our basic strength as a nil non-performing asset (NPA) company is upheld. To ensure that, we will continue our due ...
World Bank appoints its India head as VP, Operations at Multilateral Investment Guarantee AgencyAhmad -- who as Vice President, Operations would head the Multilateral Investment Guarantee Agency (MIGA) -- is the second Bangladeshi nati...
Over USD 157 billion deployed in last 15 months to fight Covid pandemic: World BankThe Bank Group has proven to be a rapid, innovative, and effective platform to support developing countries as they respond to the pandemic...
Estimates suggest much deeper global downturn due to coronavirus pandemic than Great Recession: World BankWorld Bank President David Malpass said while the tragic impacts of the COVID-19 pandemic are being felt globally, this crisis will likely ...
It would take one more year for private investment to pick up: Prashant RuiaSpeaking at the India Economic Summit, he said that huge private investment during the last five years has created a lot of surplus capacit...
IFC provides $165 million financing package to help meet Bangladesh’s energy needsThe financing will be through a combination of a $103-mn loan from IFC’s own account and an additional $62 mn mobilized through partners.
World Bank arm assesses new complaint against Vizhinjam portCAO is assessing a new complaint that alleges the proposed multi-purpose sea port at Vizhinjam in Kerala would adversely impact farm lands.
- CAO's draft audit report on Mundra UMPP likely by March 2013
CAO, which is reviewing the $ 450 million for Tata Power's 4,000 MW Mundra project in Gujarat, is expected to submit its audit report by Ma...
- CAO begins audit of International Finance Corp's $450mn funding in Tata Power's project in Mundra
World Bank's audit arm CAO is reviewing a $450 million funding for Tata Power's power project in Mundra, Gujarat.
- South Sudan joins World Bank, IMF
Oil-rich South Sudan, the world's newest nation and one of the least developed countries, has joined the World Bank Group and the IMF.
- FDI into developing countries to rise 17% in 2010: World Bank
Net private flows are projected to rebound in 2010 and 2011, but to remain substantially lower than their USD 1.2 trillion peak in 2007.
- Govt to float Rs 600-cr fund to cover foreign biz
With India Inc acquiring overseas businesses worth over $5 billion last year and most of it in hot spots like Sudan, Russia and Nepal, the ...