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PM Modi extends lockdown to May 3 as coronavirus cases cross 10,000
Prime Minister Narendra Modi on Tuesday extended a nationwide lockdown until May 3 as the number of coronavirus cases crossed...
Finance
India's GDP growth may slump to 1.5% in FY21, warns World Bank
India and other South Asian countries are likely to record their worst growth performance in four decades this year due ......
Finance
How was IFC's partial exit from AU Small Finance Bank?
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has made a partial sale of its stake...
Finance
World Bank cuts global growth forecast, expects India prospects to improve
The World Bank on Wednesday trimmed its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery...
General
Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions
Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange...
General
India jumps 14 places on World Bank's ease of doing business list
Faster bankruptcy resolution and issuance of construction permits helped India jump 14 places in the World Bank’s annual...
Finance
How IFC bumped up India exposure as shadow banking crisis worsened
International Finance Corporation (IFC) increased its annual commitment to India almost four times for the year through June 2019,...
Economy
World Bank slashes India's growth forecast to 6% for this fiscal year
The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......
Finance
AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections
The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the...
Finance
Government seeks to tap foreign lenders for loans to small firms
India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......
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