Union minister of ports, shipping and waterways Sarbananda Sonowal on Monday announced government plans to invest ₹5,000 crore to boost the waterways and maritime sector in the Northeast. He said …
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India NewsPolitics
Amid China stranglehold, Modi tells Brics to secure critical mineral supplies
by AutoTrendlyby AutoTrendlyNew Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is …
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India NewsPolitics
India makes a push for cheaper foreign loans in yen, rupee
by AutoTrendlyby AutoTrendlyNew Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and the rupee’s appreciation against the Japanese currency. Many of these …
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India NewsPolitics
Pakistan, Afghanistan no longer part of World Bank’s South Asia region; Johannes Zutt to be new head
by AutoTrendlyby AutoTrendlyThe people cited above said Pakistan and Afghanistan will now be grouped under the bank’s Middle East and North Africa (Mena) region, which would leave the South Asia group with …
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India NewsPolitics
Reading same script? Pak Army spokesman’s remark mirrors terrorist Hafiz Saeed’s rhetoric over Indus Waters Treaty
by AutoTrendlyby AutoTrendlyPakistani military spokesperson Lieutenant General Ahmed Sharif Chaudhry criticised India’s suspension of the Indus Waters Treaty during a public address at a university in Pakistan. Referring to the move, he …
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India NewsPolitics
Bangladesh set to receive $1.3 billion from IMF next month after exchange rate agreement
by AutoTrendlyby AutoTrendlyThe International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth review of its $4.7-billion loan programme and a key breakthrough in …
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India NewsPolitics
‘No role to play beyond…’: World Bank President Ajay Banga on Indus Waters Treaty suspension
by AutoTrendlyby AutoTrendlyDismissing media speculation about the World Bank’s involvement in resolving the suspension of the Indus Waters Treaty, World Bank President Ajay Banga said that the institution’s role is strictly as …
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India NewsPolitics
World Bank announces $1 billion package for Sri Lanka
by AutoTrendlyby AutoTrendlyThe World Bank on Wednesday announced a package of $1 billion over three years to support job creation and develop private sector growth in Sri Lanka, a press release said. …
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India NewsPolitics
India to fast-track hydropower plans on Pakistan-bound rivers after treaty suspension
by AutoTrendlyby AutoTrendlyThe Indus Water Treaty, which was signed in 1960 through the mediation of the World Bank for sharing of river waters between India and Pakistan, was suspended by India following …