The New Development Bank (NDB) has announced to invest $100 million into the NIIF Fund of Funds (FoF). Highlights With the NDB’s investment of 100 million, the NIIF...
The World Bank recently released the Global Economic Prospects report. What are the key findings of the Global Economic Prospects report? According to the report the Indian economy...
The Asian Development Bank recently signed an agreement of 100 million USD modernize and upgrade the power distribution in Bengaluru city. Key Highlights The 100 million USD loan...
The Asian Development Bank recently launched Asia Pacific Vaccine Access Facility to provide equitable support to the developing countries as they procure and deliver vaccines. The bank has...
The Asian Development Bank recently released the Asian Development Outlook. Under its outlook, the Asian Development Bank projected that Indian economy is to contract by – 8% in...
The Government of India and the Asian Development Bank have recently signed an agreement under which the bank will provide 50 million USD of loan. It is a...
The Government of India recently signed 133 million USD loan Agreement with the Asian Development Bank. Agreement was signed to strengthen the power distribution sector in the state...
The Private secretary of Prime Minister Modi Rajeev Topno was recently appointed as the Senior Advisor to the Executive Director of World Bank. Also, a joint secretary at...
On April 28, 2020, the Asian Development Bank approved 1.5 billion USD loan to support the Indian Government in its actions against the spread of COVID-19 crisis. The...
On April 20, 2020, Finance Minister Smt Nirmala Sitaraman attended the fifth annual meeting of the Board of Governors of the National Development Bank through a video conference....
On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to...
India had earlier approached Asian Development Bank and Asian Infrastructure Investment Bank for loans to fight against COVID-19. With India’s request, the ADB has assured a loan of...
