Aiib

Showing 1 of 19 from 19 results
Aiib - Total results - 19
Ex-RBI governor Urjit Patel appointed vice president of Asian Infrastructure Investment Bank
Business

Ex-RBI governor Urjit Patel appointed vice president of Asian Infrastructure Investment Bank

Patel will be one of the five vice presidents of the AIIB with a three-year tenure and is expected to take over his posting next month

Economic development of South Asia hampered due to lack of intra-regional trade, says Niti Aayog CEO Amitabh Kant
Business

Economic development of South Asia hampered due to lack of intra-regional trade, says Niti Aayog CEO Amitabh Kant

Stating that SAARC countries have not been able to work together in the region, Kant said "we have nobody to blame but ourselves".

Sushma Swaraj hosts Uzbekistan's Deputy PM Sukhrob Kholmuradov, discusses bilateral ties, trade, investment
India

Sushma Swaraj hosts Uzbekistan's Deputy PM Sukhrob Kholmuradov, discusses bilateral ties, trade, investment

External Affairs Minister Sushma Swaraj met Uzbekistan's Deputy Prime Minister Sukhrob Kholmuradov in New Delhi on Wednesday and discussed ways to strengthen cooperation in key areas such as connectivity and trade and investment.

Narendra Modi at AIIB meeting: India is one of the most investor-friendly economies in the world, says PM
Business

Narendra Modi at AIIB meeting: India is one of the most investor-friendly economies in the world, says PM

Modi said that interest rates offered by AIIB need to be affordable and sustainable. He asked AIIB to expand its loan book by 10 times to $40 billion by 2020 and $100 billion by 2025.

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

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
Business

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
Business

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
Business

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
Business

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
India

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

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
Business

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
World

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
Business

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.

India needs USD 1.5 trillion to fill up the infrastructure gap: Jaitley
India

India needs USD 1.5 trillion to fill up the infrastructure gap: Jaitley

India needs over USD 1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said on Sunday.

Arun Jaitley to visit China to attend the first meeting of Asian Infrastructure Investment Bank
World

Arun Jaitley to visit China to attend the first meeting of Asian Infrastructure Investment Bank

Finance Minister Arun Jaitley will on Thursday embark on a five-day visit to China, where he will attend the first annual meeting of the board of Governors of the $100-billion Asian Infrastructure Investment Bank.

China-sponsored AIIB to expand its membership to 100 countries by year end
World

China-sponsored AIIB to expand its membership to 100 countries by year end

China-sponsored Asian Infrastructure Investment Bank (AIIB) in which India and 56 other countries joined as founding members said it will expand its membership to nearly 100 countries and regions by year-end as it prepares to announce its first round of investment projects this month.

If Asian Infra Bank means death of World Bank and IMF, so be it
Business

If Asian Infra Bank means death of World Bank and IMF, so be it

If the World Bank it is not reforming, changing and adapting to the realities of 21st century, let it self-destruct. That’s how creative destruction works