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ED Raids 6 Sites In Hyderabad Over Rs 621 Crore Scam Linked To Highway Project
The Enforcement Directorate (ED) on Tuesday conducted searches across six locations in Hyderabad in connection with a Rs 621-crore bank-fraud case against the promoters and directors of a company and its associate firms.
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Trump Admin Cancels $4.9 Billion Loan Guarantee For Green Power Project
The Trump administration on Wednesday cancelled a $4.9 billion federal loan guarantee for a new high-voltage transmission line for delivering solar and wind-generated electricity from the Midwest to the eastern US.
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'Pakistan Not Allowed To...': IMF Explains $2.3 Billion Bailout Payments
Amid questions by India over international agencies' aid funding to Pak after the Pahalgam terror attack, the IMF said Pakistan is not allowed to divert financial assistance provided to its central bank.
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Opinion | How China Is Exploiting 'Failed' Projects In India's Neighbourhood
From Pakistan to Nepal to Myanmar, a growing number of Chinese-financed projects in India's neighbourhood are giving a strategic edge to Beijing.
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Meet Jigar Shah, Indian-American Named In TIME Most Influential List
Jigar Shah is the Director of the Loan Programs Office at the US Department of Energy. He has over 25 years of expertise in clean energy and is also an expert in project finance, clean technology, and entrepreneurship.
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Adani Green Secures Additional $1.36 Billion Loan To Develop Renewable Energy Project
India's Adani Green Energy said on Tuesday it has received a follow-on funding of $1.36 billion via a green loan from an international bank consortium to help the company expand its renewable power capacity.
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World Bank Approves $108 Million Loan To Improve Assam's Disaster Preparedness
The project will help strengthen Assam's response to disasters through improved flood forecasting and accurate early warning systems, including mobile alerts.
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Cheap Identities from Black Market Become Dupe Tool for Crypto Scammers: CertiK
As per a report by CertiK, scammers have been purchasing cheap identities of real people from the black market to put names and faces on fishy projects to make them look legitimate. The main aim for the fraudsters is to dodge regulatory requirements to begin projects that expose people to financial risks.
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China May Seize Kenyan Assets Amid Mounting Debts: Report
Since 2014, Kenya has been taking huge loans from China to fund its infrastructure projects such as roads, clean power generation plants, and its biggest project, the Standard Gauge Railway.
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World Bank Approves $562 Million Funding For 3 Projects In India
World Bank has approved three loans totalling $562 million to fund an education project in Gujarat, a social protection programme in Tamil Nadu and a project to help recovery in the fisheries sector post the pandemic.
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Centre Seeks Report From Andhra Pradesh Government On Rs 960 Crore Foreign Loan
The Centre has sought a report from the Andhra Pradesh government on Rs 960 crore received as loans from foreign agencies for various Externally- Aided Projects (EAPs) remaining unutilised.
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Asian Development Bank's $150 Million Loan For Tamil Nadu's Housing Project
Multilateral funding agency Asian Development Bank has approved a USD 150 million (about Rs 1,095 crore) loan for a sustainable housing project for the urban poor in Tamil Nadu.
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Punjab To Seek $210 Million Loan For Canal-Based Water Supply To Two Cities
Punjab will seek a $210 million loan from World Bank or Asian Infrastructure Investment Bank (AIIB) for a canal-based water supply project in Amritsar and Ludhiana, under the Punjab Municipal Service Improvement Project (PMSIP).
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Pak To Seek $ 2.7 Billion From China For Belt And Road Project: Report
Pakistan has decided to seek USD 2.7 billion loan from China for the construction of package-I of the Mainline-1 project of China Pakistan Economic Corridor (CPEC).
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Asian Development Bank To Provide $346 Million Loan For Power Supply Project In Rural Maharashtra
The Asian Development Bank (ADB) and the Government of India on Monday signed a USD 346 million loan pact to help provide efficient and reliable power supply to rural agriculture customers in Maharashtra.
-
ED Raids 6 Sites In Hyderabad Over Rs 621 Crore Scam Linked To Highway Project
The Enforcement Directorate (ED) on Tuesday conducted searches across six locations in Hyderabad in connection with a Rs 621-crore bank-fraud case against the promoters and directors of a company and its associate firms.
-
Trump Admin Cancels $4.9 Billion Loan Guarantee For Green Power Project
The Trump administration on Wednesday cancelled a $4.9 billion federal loan guarantee for a new high-voltage transmission line for delivering solar and wind-generated electricity from the Midwest to the eastern US.
-
'Pakistan Not Allowed To...': IMF Explains $2.3 Billion Bailout Payments
Amid questions by India over international agencies' aid funding to Pak after the Pahalgam terror attack, the IMF said Pakistan is not allowed to divert financial assistance provided to its central bank.
-
Opinion | How China Is Exploiting 'Failed' Projects In India's Neighbourhood
From Pakistan to Nepal to Myanmar, a growing number of Chinese-financed projects in India's neighbourhood are giving a strategic edge to Beijing.
-
Meet Jigar Shah, Indian-American Named In TIME Most Influential List
Jigar Shah is the Director of the Loan Programs Office at the US Department of Energy. He has over 25 years of expertise in clean energy and is also an expert in project finance, clean technology, and entrepreneurship.
-
Adani Green Secures Additional $1.36 Billion Loan To Develop Renewable Energy Project
India's Adani Green Energy said on Tuesday it has received a follow-on funding of $1.36 billion via a green loan from an international bank consortium to help the company expand its renewable power capacity.
-
World Bank Approves $108 Million Loan To Improve Assam's Disaster Preparedness
The project will help strengthen Assam's response to disasters through improved flood forecasting and accurate early warning systems, including mobile alerts.
-
Cheap Identities from Black Market Become Dupe Tool for Crypto Scammers: CertiK
As per a report by CertiK, scammers have been purchasing cheap identities of real people from the black market to put names and faces on fishy projects to make them look legitimate. The main aim for the fraudsters is to dodge regulatory requirements to begin projects that expose people to financial risks.
-
China May Seize Kenyan Assets Amid Mounting Debts: Report
Since 2014, Kenya has been taking huge loans from China to fund its infrastructure projects such as roads, clean power generation plants, and its biggest project, the Standard Gauge Railway.
-
World Bank Approves $562 Million Funding For 3 Projects In India
World Bank has approved three loans totalling $562 million to fund an education project in Gujarat, a social protection programme in Tamil Nadu and a project to help recovery in the fisheries sector post the pandemic.
-
Centre Seeks Report From Andhra Pradesh Government On Rs 960 Crore Foreign Loan
The Centre has sought a report from the Andhra Pradesh government on Rs 960 crore received as loans from foreign agencies for various Externally- Aided Projects (EAPs) remaining unutilised.
-
Asian Development Bank's $150 Million Loan For Tamil Nadu's Housing Project
Multilateral funding agency Asian Development Bank has approved a USD 150 million (about Rs 1,095 crore) loan for a sustainable housing project for the urban poor in Tamil Nadu.
-
Punjab To Seek $210 Million Loan For Canal-Based Water Supply To Two Cities
Punjab will seek a $210 million loan from World Bank or Asian Infrastructure Investment Bank (AIIB) for a canal-based water supply project in Amritsar and Ludhiana, under the Punjab Municipal Service Improvement Project (PMSIP).
-
Pak To Seek $ 2.7 Billion From China For Belt And Road Project: Report
Pakistan has decided to seek USD 2.7 billion loan from China for the construction of package-I of the Mainline-1 project of China Pakistan Economic Corridor (CPEC).
-
Asian Development Bank To Provide $346 Million Loan For Power Supply Project In Rural Maharashtra
The Asian Development Bank (ADB) and the Government of India on Monday signed a USD 346 million loan pact to help provide efficient and reliable power supply to rural agriculture customers in Maharashtra.
