Thomson Reuters | Friday May 22, 2015
Rajan also said that the World Bank and Asian Development bank should be ready to bring in long-term risk capital for infrastructure projects in emerging markets.
World News | Reuters | Thursday May 21, 2015
Japan unveiled a plan on Thursday to provide $110 billion in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.
World News | Agence France-Presse | Saturday May 16, 2015
China's foreign minister worked today to allay concerns that Beijing's new regional infrastructure bank would not meet international standards as he met with US Secretary of State John Kerry.
Wednesday May 6, 2015
With a foreign fund house getting a court stay on the controversial Minimum Alternate Tax (MAT) levy, the Income Tax Department on Tuesday said it will study the Bombay High Court's order before taking a view on the matter.
Thomson Reuters | Monday May 4, 2015
Finance Minister Arun Jaitley on Monday sought "deeper engagement" of the Asian Development Bank (ADB) for development of smart cities, industrial corridors and railways as part of flagship initiatives like 'Make In India' and 'Skill India'.
Saturday April 25, 2015
Multi-lateral lending agency Asian Development Bank (ADB) on Saturday said it will provide a loan worth $2 billion to construct or upgrade over 31,000 kms of rural roads in five states to lend support to Prime Minister's Gram Sadak Yojana (PMGSY).
India News | Press Trust of India | Wednesday April 22, 2015
India is likely to get the Vice-President's post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted as founding members.
India News | Press Trust of India | Monday April 13, 2015
Finance Minister Arun Jaitley is leaving for the US tomorrow night to attend the IMF-World Bank Spring meetings in Washington.
World News | Agence France-Presse | Tuesday April 7, 2015
China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim Yong Kim said today.
World News | Reuters | Wednesday April 1, 2015
China welcomes Taiwan's decision to apply to join the Beijing-led Asian Infrastructure Investment Bank (AIIB) as long as the self-ruled island uses an appropriate name, state news agency Xinhua reported today.
World News | Agence France-Presse | Wednesday April 1, 2015
US Treasury Secretary Jacob Lew said on Tuesday that Washington was "ready to welcome" the China-led Asian Infrastructure Investment Bank (AIIB), easing toward the new development institution after the US expressed early concerns.
Thomson Reuters | Saturday March 28, 2015
Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China's regional and global influ...
World News | Reuters | Wednesday March 25, 2015
Australia is "well and truly" disposed to join the China-led Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said today, but wants to know how much power Bejing would hold in the institution before a formal decision.
Press Trust of India | Tuesday March 24, 2015
India's growth and investor confidence will improve on the back of government's structural reform agenda and improved external demand.
World News | Reuters | Monday March 23, 2015
US President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, The Wall Street Journal reported on Su...
World News | Reuters | Tuesday March 17, 2015
International aid agencies began emergency flights today to some of the remote outer islands of Vanuatu, which they fear have been devastated by a monster cyclone that tore through the South Pacific island nation.
World News | Reuters | Friday March 13, 2015
World Bank President Jim Yong Kim said today that he welcomed the setting up of the China-backed Asian Infrastructure Investment Bank (AIIB), a day after Britain became the first Western nation to embrace the institution.
Tuesday February 3, 2015
The Reserve Bank of India extended the range of collateral that can be used for repo transactions on the country's interbank market to include bonds issued by multilateral financial institutions such as the World Bank and Asian Development Bank.
Tuesday December 23, 2014
Yes Bank on Tuesday said it has raised $200 million in an unsecured loan from Asian Development Bank for on-lending to small farm households and rural womens' self-help groups (SHG).
Wednesday December 17, 2014
The Asian Development Bank (ADB) slightly trimmed its growth forecast for developing Asia for this year and next, but said sliding prices for oil should help economies in the region push through with growth reforms.
World News | Agence France-Presse | Friday October 24, 2014
China, India among 21 countries moved forward on Friday towards setting up an Asian infrastructure lender seen as a counterweight to Western-backed international development banks.
World News | Reuters | Friday October 24, 2014
Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.
Friday September 26, 2014
Asian Development Bank (ADB) sold its entire 5.2 per cent stake in Indian gas supplier Petronet LNG Ltd for Rs 714 crore ($116.8 million) on Friday via block deals, BSE data showed.
Friday September 26, 2014
Traders say the share sale would likely be done at a discount to Thursday's closing price of Rs 192.85.