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Asian Infrastructure Investment Bank

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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:......

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.' IMAGE: Nitish Kumar takes the oath as Bihar's chief......

Why Modi Needs Mission-Mode Bureaucrats

Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra. Illustration:......

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......

Trump's Tariffs: India's Second 1991 Moment

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta. Illustration: Dominic Xavier/Rediff   In an unexpected development, India now faces a......

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,......

Gopichand Hinduja dies in London at 85

Gopichand P Hinduja, chairman of globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Photograph: Kind courtesy, TheAsianAwards Fondly known as 'GP' in......

Sensex jumps 410 pts on buying in banking shares

Benchmark stock indices Sensex and Nifty rebounded sharply on Wednesday, snapping their three-day falling streak on the back of buying in blue-chips HDFC Bank and ICICI Bank and a firm trend in......

India falls out of favour, optimism returns for China: BofA survey

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three......

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