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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:......

Vehemently opposed ADB's loan to Pakistan: Govt sources

India had vehemently opposed Asian Development Bank's decision to grant $800 million loan to Pakistan saying the fund could be misused for increasing expenditure on its military, government sources......

Pakistan Boosts Military Spending By 20%

India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and......

Mumbai's Lilavati Hospital trust alleges Rs 1,500 cr fraud by ex-trustees

The charitable trust that runs Mumbai's well-known Lilavati Hospital on Tuesday alleged that funds to the tune of over Rs 1,500 crore were misappropriated by its former trustees and other related......

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......

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will......

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to......

Fitch raises India's FY26 GDP forecast to 6.9%

Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9 per cent for current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led......

Higher US tariffs may trim GDP growth by 30 bps: Barclays

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect......

ADB marginally lowers India's growth projection to 6.3%

The Asian Development Bank (ADB) on Wednesday marginally lowered India's growth forecast to 6.3 per cent for the current financial year from its earlier projection of 6.4 per cent on account of......

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