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Pak turns to ADB for $7 bn railway funding after China backs out

Pakistan approached the Asian Development Bank for a $7 billion loan to upgrade a major railway line after China apparently declined to support the project, a report said on Thursday. IMAGE:......

Medical college hostels damaged in AI plane crash vacated

Hostels of the BJ Medical College that were damaged in the Air India plane crash in Ahmedabad are being vacated as the Aircraft Accident Investigation Bureau (AIIB) wants to conduct a probe, the......

DGCA flags 100 safety lapses at AI, including 7 critical breaches

Aviation safety regulator Directorate General of Civil Aviation has come across around 100 violations and observations related to Tata Group-owned Air India's training, crew's rest and duty period......

Bias toward pilot error: Pilots' association on AI crash report

Airline Pilots' Association of India on Saturday demanded a fair and fact-based probe into the Air India plane crash as it claimed that the tone and direction of the investigation into the Air......

Shaktikanta Das appointed principal secretary to PM

Former Reserve Bank of India governor Shaktikanta Das was on Saturday appointed the second Principal Secretary to Prime Minister Narendra Modi. IMAGE: Shaktikanta Das. Photograph: ANI Photo P K......

China, India, Russia to be top 3 shareholders of AIIB: Expert

China will be the largest shareholder in the newly floated Asia Infrastructure Investment Bank (AIIB) with a 30.85 per cent stake followed by India and Russia, Chinese officials have said. "Based......

'Our most important client is India'

'We actually have a problem because there may be too much activity in India.''Markets don't like too much concentration. But we are very happy with our collaborations in India.' Illustration:......

Road building in India is cheapest among Asian nations

The results are likely to please the Indian government, which has been trying to impress on domestic and foreign investors about its efforts to improve the ease of doing business. It costs less to......

India eyes loans from China-led Asian Investment Bank

India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB. Image: India eyes loans from AIIB. Photograph: Reuters     India hopes to receive one of......

Asian Infra Investment Bank: An opportunity for India

The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India, notes Akshay Mathur. The announcement by Britain, France,......

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