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.
Thursday September 25, 2014
Asian Development Bank (ADB) has launched a share sale in Indian gas supplier Petronet LNG Ltd to raise up to $120 million (Rs 720 crore at 1 dollar = 60 rupees), three sources with direct knowledge of the deal said on Thursday.
Thursday September 25, 2014
Revising India's GDP growth forecast upwards by 0.3 per cent to 6.3 per cent in 2015, Asian Development Bank (ADB) has said the economy shows a new promise of turnaround after the election brought a stable government in May.
Friday September 12, 2014
India has the potential to become a leading knowledge-based economy with its youth population and growing information technology though it should overcome some barriers in this regard, Manila-based funding agency Asian Development Bank (ADB) said in ...
Wednesday August 27, 2014
Committing to support infrastructure development in India, Asian Development Bank on Wednesday said it will provide up to $9 billion loan to the country over the next three years.
Tuesday August 26, 2014
Multilateral funding agency Asian Development Bank (ADB) has raised Rs 300 crore ($50 million) from its maiden issue of offshore Indian rupee-linked bonds.
Tuesday August 19, 2014
A global failure to respond to climate changes could result in about 8.7 per cent economic loss in India's gross domestic product (GDP) by 2100, Asian Development Bank said on Tuesday.