The NDB will have an initial authorised capital of $100 billion.
'Modi has visited all these three countries (the UAE more than once, inexplicably) but has left out Kuwait and Oman, the two Gulf countries that are closest to India in their political, cultural and civilisational ethos,' notes Ambassador M K Bhadrakumar.
May issued a statement to indicate the government's next steps a day after the House of Commons once again failed to agree on any specific alternative to her controversial EU divorce bill.
The meeting on the sidelines of the Shanghai Cooperation Organisation Summit in Bishkek is their first interaction after Modi's re-election following the stunning victory of the BJP in the general elections last month.
She, however, did not name a departure date at the at the ruling party's influential 1922 Committee meeting.
India and China have not ruled out a Modi-Xi meeting during the summit.
FIFA president Sepp Blatter endorsed a German proposal for stronger integrity checks to vet top soccer officials as the sport's global governing body grapples with the fallout of a massive corruption scandal.
Says it is ready to show flexibility on all major issues
Atletico Madrid slumped to a 3-0 defeat at resurgent Real Sociedad on Thursday which means Barcelona need one more victory to wrap up a 25th Spanish La Liga title while Malaga were relegated after losing 1-0 at Levante.
In a time of crisis like this, a government needs its people and politics united. A nation of India's size and diversity can't fight a stronger rival with fraying social cohesion, observes Shekhar Gupta.
'His contributions in setting up transparent precedents of governance are still basically intact despite the cynicism of several of his successors,' notes Jamini Bhagwati.
Prime Minister Narendra Modi has said that developing close relations with India's neighbours is a key priority of his government, ahead of his planned visit to Kathmandu on Tuesday afternoon to attend the 18th South Asian Association for Regional Cooperation, Summit.
Ganguly, only the second Indian captain to take charge as the BCCI chief, sounded a pleased man on his first day at his new office at the BCCI head office
Britain's ruling Conservative party on Tuesday began the first round of voting to choose a new party leader who will succeed David Cameron as the prime minister with home secretary Theresa May emerging as a clear front-runner.
Britain is due to leave the European Union by October 31, with Johnson racing against time to strike a deal to meet that deadline.
This time however, the poll panel did not share the overall polling percentage at its briefing.
'We must delink religion from politics' 'Leaders with vested interests have brought religion into politics.' Netaji's grandnephew Chandra Kumar Bose, the BJP candidate against Mamata Banerjee, on the campaign trail.
Modi's visit to Brussels comes eight days after the deadly attacks on the city in which at least 35 people, including an Indian, died and over 300 were wounded.
'The deepening of China-Nepal relations need not cause heartburn in India,' says Ambassador M K Bhadrakumar.
She stepped down after failing to win over her ministers with a revised strategy over her plans for the UK's withdrawal from the European Union.
'This is the first time a majority ruling government is nominating a Dalit for President.' 'So, the moral credibility definitely will go with the BJP, particularly Narendra Modi.'
The All India Congress Committee has barred all ministers and MLAs in Assam from speaking to the media about dissidence in the Assam Congress Legislature Party headed by Chief Minister Tarun Gogoi.
"Very shortly we will come out with a concrete plan," Rao told reporters after meeting the Trinamool Congress president.
May was the clear frontrunner in the race and bagged 165 votes in the first round, which resulted in the first elimination of a candidate with the least votes.
Johnson becomes the 14th Prime Minister to be appointed by Queen Elizabeth II, the 55th to hold the post of British PM and the third in fairly quick succession since Britain voted to leave the EU in June 2016 - following on from David Cameron and Theresa May.
Modi said India will continue its support to ASEAN for a rules-based security architecture for the region.
Narendra Modi's success at the BRICS summit is the best Diwali gift for India's diplomacy and marks her ascendancy to global leadership, says Tarun Vijay.
It alleged that the decision by India to 'derail the summit' effectively 'contradicts' Prime Minister Narendra Modi's own call to fight against poverty in the region.
To claim that Tamil Nadu was waiting for a messiah of the 'spiritual' Rajini kind is misplaced, if not mischievous, says N Sathiya Moorthy.
The meeting, which lasted for nearly 50-minutes, comes in the backdrop of stiff Chinese opposition to India's entry into the NSG, which looks after critical issues relating to nuclear sector, including trade and export of nuclear technology.
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
Rishi Sunak, Sailesh Vara and Suella Fernandes were the three new Indian-origin MPs to be inducted into the Theresa May govt.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
India's new high commissioner in Islamabad goes to Pakistan at a time when the country is set to face much internal tumult.
'Political elites need to feel that these are our children dying, that this is a crisis for us, a tragedy for our community, we must take immediate action to save the lives of our people.'
Almost every country in the world just signed on to the #ParisAgreement on climate change
Syria has agreed with the Russian proposal to place its chemical weapons stocks under international control to "uproot US aggression", hours after President Barack Obama said he would "absolutely" put on hold any military strike on the country if it does so.
Other candidates emerging in the fray include United Kingdom's longest-serving home secretaries in history, Theresa May, who turns 60 later this year and has reportedly gathered strong support, followed by UK health secretary Jeremy Hunt.
Prime Minister Narendra Modi arrived in Kathmandu on Tuesday to attend his first SAARC Summit, being hosted by the Government of Nepal.
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.