Andhra Pradesh to seek Rs 1,000-crore World Bank aid

Last Updated: Friday, September 20, 2013, 19:31

Andhra Pradesh government has decided to seek financial assistance of Rs 1,000 crore from the World Bank for reconstruction works in cyclone-devastated districts of the state.

Govt approves buying $4.3 billion World Bank bonds

Last Updated: Thursday, September 12, 2013, 19:29

The government Thursday approved a proposal to invest USD 4.3 billion in World Bank bonds, which will help the country secure additional funding from the multilateral agency for infrastructure projects.

Cabinet to consider $4.3 bn loans from World Bank arm

Last Updated: Wednesday, September 11, 2013, 18:43

The cabinet will on Thursday consider a finance ministry proposal to borrow an additional USD 4.3 billion from an arm of the World Bank, according to a cabinet agenda document.

Fresh landslips in Chamoli, road clearance work on

Last Updated: Tuesday, September 3, 2013, 19:45

With the weather permitting, Border Road Organisation men on Tuesday fast-tracked their efforts to clear various roads in Uttarakhand.

CM seeks entrepreneurs` help in Uttarakhand reconstruction

Last Updated: Friday, August 23, 2013, 21:13

Seeking cooperation from entrepreneurs in Uttarakhand`s reconstruction, Chief Minister Vijay Bahuguna asked them to come forward and set up industries in the remote hill areas of the rain-ravaged state.

BJP alleges scam in distribution of relief in Uttarakhand

Last Updated: Tuesday, August 20, 2013, 20:11

Alleging a scam running into crores of rupees in distribution of relief in Uttarakhand, BJP said the Vijay Bahuguna government should step down.

RBI hikes FDI cap in Asset Reconstruction Companies to 74%

Last Updated: Monday, August 19, 2013, 22:21

The Reserve Bank on Monday hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) to 74 percent from the earlier cap of 49 percent.

U`khand seeks Rs 13,800 cr for reconstruction work

Last Updated: Wednesday, July 31, 2013, 16:09

Uttarakhand Wednesday sought Rs 13,800 crore from the Centre for reconstruction and relief work in the flood-ravaged state.

Reconstruction Authority to come up in U`khand: CM

Last Updated: Monday, July 1, 2013, 17:11

Uttarakhand Chief Minister Vijay Bahuguna today announced setting up of Rehabilitation and Reconstruction Authority to look into planning and development of the flood-hit areas of the state.

Foreign investment ceiling in ARCs raised to 74%

Last Updated: Friday, December 21, 2012, 21:17

Foreign investment ceiling in Asset Reconstruction Companies (ARCs) has been increased to 74 percent from 49 percent, a move aimed at bringing more foreign expertise in the segment.

US to provide Pak 70 mn dollars for NATO supply road reconstruction

Last Updated: Tuesday, September 11, 2012, 16:52

The United States will provide up to 70 million dollars as assistance in the reconstruction of the Peshawar-Torkham Highway, which is used by NATO to supply material to its troops in Afghanistan.

India-born Suma Chakrabarti to head European development bank

Last Updated: Monday, May 21, 2012, 11:36

India-born Suma Chakrabarti will succeed Germany’s Thomas Mirow as the President of the European Bank for Reconstruction and Development (EBRD), which has been supporting economic transition in former Eastern Bloc countries and Soviet republics for the last two decades.