Aiib

Narendra Modi to inaugurate third AIIB annual meet in Mumbai today: All you need to know about China-led bank

Monsoon rains notwithstanding, the two-day meet will host policy makers, ministers, participants from partner institutions, the private sector and civil society.

Railway minister Piyush Goyal hopeful of getting enough land for bullet train project

Even as protests continue against the bullet train project in pockets of Maharashtra and Gujarat, railway minister Piyush Goyal on Monday exuded confidence that he does not see "any stress" in getting the land needed for the ambitious project

Capital cost for $4.5 trillion infra investment a challenge, says interim finance minister Piyush Goyal

Creating infrastructure will need a whopping $4.5 trillion investments over the next decade and the cost of the money will be a challenge, interim finance minister Piyush Goyal said on Monday

AIIB clears $200-mn infusion into National Infrastructure Investment Fund, to help funnel up to $2.4 bn into infra

The proposed fund will come in two tranches of $100 million each and will go into a fund of funds to be floated by the National Infrastructure Investment Fund

Piyush Goyal credits Arun Jaitley for NPA clean-up; says banks poised for growth now

Piyush Goyal said, crediting Jaitley for the ongoing NPA clean-up, that the banking system is now strengthened to once again start becoming a powerful engine of growth, financing the infrastructure and other credit needs of the economy

At Asian Infrastructure Investment Bank's Mumbai convention, activists set to seek accountability, speak truth to power

Political and social activists from across India are converging in Mumbai for a People’s Convention on Infrastructure Financing which will demand accountability from the Asian Infrastructure Investment Bank

Chinese vice-foreign minister downplays India's refusal to endorse BRI, says both sides agree in principle on connectivity

India and China will enhance policy coordination in their cooperation with neighbouring countries following the just-concluded informal summit in Wuhan between Prime Minister Narendra Modi and President Xi Jinping, a top Chinese official has said

AIIB approves $150 mn equity investment in India

The AIIB was established in 2015 and started operations in January 2016 to provide financing for infrastructure improvement in Asia.

China and South Korea put missile rift on hold to attend AIIB meeting

China and South Korea are attending a meeting of a China-backed Asian lending bank, Putting aside a rift over a U.S. anti-missile system, top officials from

Asian Infra Investment Bank approves $160 mn loan for Indian power project

The 24x7 Power for All is an initiative by the government to ensure availability of 24x7 power supply to all households, industries, commercial businesses, public needs and any other electricity consuming entity and adequate power to agriculture consumers by 2019.