Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.
Four buildings -- Atulyam 1, 2, 3 and 4 -- which were damaged in the crash are being vacated, and occupants will be given alternative accommodations.
Of these, as many as seven are Level-1 violations, which are considered critical safety risks and require immediate corrective action by the air operator, they said.
Airline Pilots' Association of India demands a fair and fact-based probe into the Air India plane crash, rejecting any bias towards pilot error in the investigation.
P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.
China would be an influential player in the bank
Congress President and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday questioned Union Finance Minister Nirmala Sitharaman over the Union Budget and claimed that the plates of all states except Bihar and Andhra Pradesh were empty in the budget allocation.
The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.
'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.'
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.
The Asian Development Bank has approved a US$ 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
The venture is seen as a rival to the World Bank.
Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.
'Significantly, Foreign Secretary Gokhale was received at very high level in Beijing.' 'It only shows China's keenness to move forward and put the relationship on a 'win-win' footing,' says Ambassador M K Bhadrakumar.
BRICS countries, including India, on Thursday voiced concern over the "fragile recovery" of global growth and the potential spillover effects from the "unconventional monetary policies" of the developed countries.
The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.
Jaitley calls it unfair and false attack on a disciplined civil servant
A feature of this year's BRICS summit was economic cooperation.
India, China must further strengthen business ties for growth.
Prime Minister Narendra Modi on Friday said his government has within 100 days in office steered the economy out of a "difficult situation" and brought stability, and promised to remove roadblocks to foreign investment.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
The NDB will have an initial authorised capital of $100 billion.
Uttar Pradesh chief minister Akhilesh Yadav has written as many as 80 letter to the PM since he took as the reins of the state three years ago.
Thinking big, China is changing the world order; with mixed priorities, we can but tag along, writes T J S George.
'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).
In an oblique reference to China's Belt and Road Initiative, Prime Minister Narendra Modi on Friday cautioned against rolling out connectivity projects without respecting sovereignty and territorial integrity.
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
'The reason why we don't have an escalation of war like in 1962 is because in 1962, we didn't have this connectivity.' 'Whereas today, we have lots of incentives to stay stable and connected to China even though we still have that political rivalry.'
Swamy said Prime Minister Narendra Modi should convene a conference of "insiders" to draw up a new policy especially after the recent Lakhvi episode.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
Outlining eight "pillars" for the future of India-China relations, President Pranab Mukherjee on Wednesday underlined the need for comprehensively resolving challenges including the boundary question through "political acumen" and "civilisational wisdom".
ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
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