NewsRack: 'india' news in 'IFIs' topic for user ifinews

China funding Pakistan's mega dam in Pak-occupied Kashmir?	22.6.2017	Zee News : World
The Asian Development Bank, World Bank have already refused to commit funds for Pakistan’s project.
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Subhash Garg, the new Economic Affairs secretary: All you need to know	22.6.2017	News
Garg's stint in World Bank will come in handy as he takes charge of the department
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US announces $7.5 mn to advance India's power grid	21.6.2017	Business Standard: News Now
Ministry of Science & Technology and industry will match the commitment of US' Department of Energy
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Season’s first heavy shower betrays sorry state of drainage in Behala	21.6.2017	TOI: Calcutta Times

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EESL plans Rs 6,000 crore capex during 2017-18 fiscal	21.6.2017	All News-IANS Stories
State-run Energy Efficiency Services Limited (EESL) plans to invest Rs 6,000 crore as capital expenditure during the 2017-18 fiscal year.
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India to protest China-funded Pak project on Indus	20.6.2017	Deccan Herald - News
India will protest China's new offer to fund a controversial hydro-electric-cum-irrigation project, which Pakistan wants to build on the Indus River in an area it has illegally occupied. Though New Delhi's strong objection in the past had prompted the World Bank and the Asian Development Bank to reject Islamabad's plea for funding the Diamer-Bhasha dam, Beijing has of late offered to support it by making it a part of the proposed China-Pakistan Economic Corridor (CPEC). New Delhi took note of the media reports from Islamabad, quoting chairman of the Water and Power Development Authority of Pakistan Muzammil Hussain as saying Beijing had offered to fund the Diamer-Bhasha project. Hussain apparently told the Standing Committee on Planning, Development and Reforms of the National Assembly of Pakistan that Beijing and Islamabad had been seriously considering making the project a part of CPEC. The Diamer-Bhasha dam is proposed to be built on the Indus River in Gilgit Baltistan, which is part of the areas ...
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ADB to give $275 mn loan for urban services ugrade in MP	20.6.2017	All News-IANS Stories
The Indian government has signed an agreement with the Asian Development Bank whereby the lender will provide a $275 million loan to upgrade piped water supply and municipal services in 64 small towns in Madhya Pradesh.
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Government of India and the Asian Development Bank (ADB) Sign $275 Million Loan for Upgrading Urban Services in 64 Small Towns in Madhya Pradesh	20.6.2017	Govt of india: PIB
The Asian Development Bank (ADB) and the Government of India signed a $275 million loan on 19th June, 2017 for improving urban services in 64 small towns in the State of Madhya Pradesh.
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ADB to provide $275 mn loan for water supply project in MP	20.6.2017	News
Govt will provide $124 mn counterpart support for the project, which will be completed by June 2022
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'China to make dam India objects to part of CPEC'	20.6.2017	TOI: Home
Pakistan claimed on Monday that China has offered to make a dam project on the Indus River that India objects to, a part of the China-Pakistan Economic Corridor (CPEC), said the state-run Radio Pakistan.
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Pune raises Rs 200 cr in first municipal bond issue in 14 years	19.6.2017	Business Standard: News Now
The proceeds, raised at a coupon of 7.59%, will be used for a Rs 2,300-cr water project
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Natural calamities in Asia, Pacific threat to infra: ADB	18.6.2017	ET: Infrastructure
India's future infrastructure investment requirements rise to 8.8 per cent of the gross domestic product (GDP) when adjusted for climate resilience, ADB said.
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Natural calamities in Asia, Pacific threat to infra: ADB	18.6.2017	DNA: Evolutions
Asia and Pacific countries, including India, Sri Lanka and Bangladesh, need to thwart challenges posed by natural calamities that have been taking toll on their infrastructure, ADB has said.
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Doors open for US, Japan for bank membership: AIIB President	17.6.2017	Business Standard: News Now
Till now, AIIB have 80 members along with recent addition of Argentina, Madagascar, Tonga
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AIIB approves $150 mn equity investment in India	15.6.2017	All News-IANS Stories
The Asian Infrastructure Investment Bank (AIIB) on Thursday approved its first-ever equity investment, worth $150 million, to catalyze private capital for infrastructure projects in India.
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MF investor base grows 19 lakh in Apr-May to record 5.72 cr	15.6.2017	ET: Mutual Funds
The number of retail investor accounts surged to 4.60 crore in May-end from 4.4 crore at the end of March.
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French company to review project report of Metro-II	9.6.2017	TOI: Jaipur
French firm EGIS Rail has been selected to review the detailed project report (DPR) of Jaipur Metro phase-II proposed between Ambabari and Sitapura.
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World Bank forecasts global economy growing 2.7% this year amid key risks	5.6.2017	All International Stories
Rising trade protectionism & policy uncertainty in US under Trump pose cautions for economic outlook
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Gaurav urges ADB to step up anti-erosion work at Kaziranga	4.6.2017	The Assam Tribune
Gaurav urges ADB to step up anti-erosion work at Kaziranga
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GDP figures don't reflect note ban's impact on informal sector: Pronab Sen	2.6.2017	Latest News
He adds that real impact will be known only by 2018-end
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