Four years later, Kosi flood victims fight for survival
August 20th, 2012 - 1:33 pm ICT by IANS
Patna, Aug 20 (IANS) Four years after Bihar's Kosi region was ravaged by floods, an ambitious programme to rebuild a new-look Kosi region with World Bank help is yet to ... Read more...
Posted in Uncategorized |
$200 mn World Bank loan to Himachal for green development
July 27th, 2012 - 7:35 pm ICT by IANS
Shimla, July 27 (IANS) The World Bank has granted a $200 million (Rs.1,100 crore) loan to Himachal Pradesh to promote green initiatives and sustainable development in the state, an official ... Read more...
Posted in Environment |
India’s banking industry hit by nationwide staff strike
August 5th, 2011 - 12:01 pm ICT by IANS
Chennai/New Delhi, Aug 5 (IANS) Majority of banking transactions across India were hit Friday as some one million staff struck work to protest proposals to divest government stake in state-run ... Read more...
Posted in Business |
World Bank loan to clean the Ganga
June 13th, 2011 - 10:41 pm ICT by IANS
New Delhi, June 13 (IANS) India will sign an agreement with the World Bank Tuesday for a $801-million loan to fund cleaning up of the Ganga, whose pollution levels have ... Read more...
Posted in Environment |
Bangladesh gets $1.2bn World Bank loan for bridge
April 28th, 2011 - 3:31 pm ICT by IANS
Dhaka, April 28 (IANS) Bangladesh Thursday signed a $1.2 billion loan deal with the World Bank for the construction of a bridge over river Padma.The Padma Multipurpose Bridge would connect ... Read more...
Posted in World |
$350 million World Bank loan for Karnataka’s roads
March 25th, 2011 - 1:43 pm ICT by IANS
Washington, March 25 (IANS) The World Bank has approved a $350 million loan to India to accelerate the development of Karnataka's core road network through the Second Karnataka State Highway ... Read more...
Posted in Business |
India seeks World Bank loan for road expansion
November 11th, 2010 - 5:02 pm ICT by IANS
New Delhi, Nov 11 (IANS) India has requested the World Bank to provide $2.96 billion loan for expansion of 3,770 km roads.Road Transport and Highways Minister Kamal Nath held discussions with ... Read more...
Posted in Business |
World Bank approves $430 mn loan for Mumbai rail project
August 19th, 2010 - 3:41 pm ICT by IANS
New Delhi, Aug 19 (IANS) The World Bank has approved a $430 million loan to Indian Railways for part funding of its Mumbai Urban Transport Project II (MUTP II), aimed at improving ... Read more...
Posted in Business |
World Bank loan for Nagarjuna Sagar’s modernisation
August 14th, 2010 - 10:29 pm ICT by IANS
Hyderabad, Aug 14 (IANS) The World Bank will provide Rs.2,025 crore as a loan for the modernisation project of Nagarjuna Sagar, a major multi-purpose reservoir in Andhra Pradesh.
The loan agreement was signed ... Read more...
Posted in Business |
World Bank loan to improve Mumbai suburban railways
July 23rd, 2010 - 8:32 pm ICT by IANS
Mumbai, July 23 (IANS) A $430 million (Rs.2,000 crore)loan agreement to improve the suburban railway system of the city was signed here Friday.
Representatives of the central and state governments, the Mumbai Railway ... Read more...
Posted in Business |
$780 Mn World Bank loan for improving Mumbai train system
June 30th, 2010 - 1:04 pm ICT by IANS
Washington, June 30 (IANS) The World Bank has approved $430 million to finance further improvement of Mumbai's suburban railway system, considered the lifeline of the megacity with a population of nearly 15 ... Read more...
Posted in Business |
World Bank loan to India to be $9.3 billion by June
June 23rd, 2010 - 9:29 pm ICT by IANS
Mumbai, June 23 (IANS) The World Bank said Wednesday its total loan support to India will reach $9.3 billion by the end of the bank's financial year in June.
The World Bank follows ... Read more...
Posted in Business |
World Bank loan to help India battle natural disasters
June 23rd, 2010 - 11:59 am ICT by IANS
Washington, June 23 (IANS) The World Bank has approved a $255 million assistance to India to help mitigate the risks and vulnerability of people to natural disasters.
The first phase of India's National ... Read more...
Posted in Business |
World Bank loan to improve West Bengal panchayats
June 9th, 2010 - 3:03 pm ICT by IANS
By Arun Kumar
Washington, June 9 (IANS) The rural poor in West Bengal stand to benefit from a $200 million (Rs.9.4 billion) World Bank credit that the state will use to improve the ... Read more...
Posted in Business |
World Cup gets the green light
May 25th, 2010 - 7:49 pm ICT by IANS
By Joydeep Gupta
Punta del Este (Uruguay), May 25 (IANS) When thousands gather at the new stadium in South Africa's Cape Town next month for the football World Cup, authorities will make sure ... Read more...
Posted in Sports |
World Bank loan to improve Tamil Nadu’s health systems
April 30th, 2010 - 10:16 am ICT by IANS
Washington, April 30 (IANS) The World Bank has approved a $117.70 million loan from the International Development Association (IDA) to India designed to improve quality of and access to health services in ... Read more...
Posted in Health |
World Bank loan for improving Tamil Nadu roads
March 31st, 2010 - 10:49 am ICT by IANS
Washington, March 31 (IANS) The World Bank has approved a $50.7 million loan to India for improving quality and sustainability of the road network in Tamil Nadu. Through this, 1,380 km of ... Read more...
Posted in Business |
Government of India to spend 6500 million on strengthening statistics
March 22nd, 2010 - 8:55 pm ICT by ANI
New Delhi, Mar 22 (ANI): The Union Government on Monday approved a new centrally sponsored scheme --"India Statistical Strengthening Project(ISSP)" to strengthen the capacity and operations of the Indian Statistical Systems.The scheme ... Read more...
Posted in National |
India gets $1 bn World Bank loan to improve education
March 19th, 2010 - 1:46 pm ICT by IANS
Washington, March 19 (IANS) The World Bank has approved two education projects worth $1.05 billion for India, designed to boost the number of children enrolling in and completing elementary school, and to ... Read more...
Posted in Business |
$300 mn World Bank loan for urban development in Andhra
January 3rd, 2010 - 10:03 pm ICT by IANS
Hyderabad, Jan 3 (IANS) The World Bank has approved a loan of $300 million (Rs.1,400 crore) for urban infrastructure development in Andhra Pradesh, Chief Minister K. Rosaiah said here Sunday.
Rosaiah said ... Read more...
Posted in Business |
$100 mn World Bank loan for Andhra poverty reduction project
December 23rd, 2009 - 12:53 pm ICT by IANS
By Arun Kumar
Washington, Dec 23 (IANS) The World Bank has approved an IDA credit of $100 million in additional financing for a poverty reduction programme in Andhra Pradesh that has raised incomes ... Read more...
Posted in Business |
$1-bn World Bank loan sought for urban development
December 4th, 2009 - 6:02 pm ICT by IANS
New Delhi, Dec 4 (IANS) India has approached the World Bank for a $1-billion loan to fund urban development projects, Minister of State for Urban Development Saugata Roy told the Lok Sabha ... Read more...
Posted in Business |
India to borrow one billion dollars from World Bank to clean up Ganges
December 3rd, 2009 - 5:08 pm ICT by ANI
New Delhi, Dec.3 (ANI): India is expected to receive a World Bank loan of a billion dollars for cleaning and conserving the River Ganga.Minister of State for Environment Jairam Ramesh revealed this ... Read more...
Posted in National |
Mexico gets $1.5 bn World Bank loan for environment
October 22nd, 2009 - 3:03 pm ICT by IANS
Washington, Oct 22 (EFE) The World Bank has announced a $1.5 billion loan to Mexico to fund environmental protection efforts.
Mexico has pledged to do more to reduce emissions of greenhouse gases, regarded ... Read more...
Posted in Business |
India to get $4.2-bn World Bank loan
October 13th, 2009 - 6:09 pm ICT by IANS
New Delhi, Oct 13 (IANS) The World Bank will extend loans worth $4.2 billion to India for three projects, the multilateral lender said Tuesday.
The pact was signed Tuesday by representatives of the ... Read more...
Posted in Business |
Suzlon promoters offload 4.5 percent stake in company (Business Capsule)
September 23rd, 2009 - 4:43 pm ICT by IANS
Mumbai, Sep 23 (IANS) Three promoters of wind power major Suzlon Energy have sold approximately 70 million equity shares, representing 4.5 percent of the paid-up capital of the company.
As per Wednesday's ... Read more...
Posted in Business |
$4.3-bn World Bank loan for India (Lead)
September 23rd, 2009 - 4:43 pm ICT by IANS
New Delhi, Sep 23 (IANS) The World Bank has approved $4.3 billion in loans for India to help finance infrastructure projects and support its economic stimulus programme.
"This money will be directed towards ... Read more...
Posted in Business |
$100-mn World Bank loan for Madhya Pradesh
June 25th, 2009 - 1:49 pm ICT by IANS
Washington, June 25 (IANS) The World Bank has approved a $100-million IDA credit to address rural poverty in Madhya Pradesh, one of India's poorest states with the lowest rate of poverty reduction.
The ... Read more...
Posted in Business |
$400-mn World Bank loan for India’s small, medium enterprises
May 1st, 2009 - 2:11 pm ICT by IANS
Washington, May 1 (IANS) The World Bank has approved a $400 million additional financing loan to the Small Industries Development Bank of India (SIDBI), designed to improve access to finance for small ... Read more...
Posted in Business |
$500 mn World Bank loan for India’s Power Grid Corporation
October 22nd, 2008 - 10:12 am ICT by IANS
Washington, Oct 22 (IANS) The World Bank has approved a $400 million loan to the Power Grid Corporation of India, designed to increase reliable power exchange between regions and states. Power Grid ... Read more...
Posted in Uncategorized |
Pakistan to ask Saudi Arabia to defer oil payments
June 7th, 2008 - 5:08 pm ICT by ANI
London, June 7 (ANI): Pakistan is to ask Saudi Arabia if it can defer paying for oil imports worth two billion dollars as it grapples with a deteriorating economic situation fuelled ... Read more...
Posted in National |
$502 mn World Bank loan for Vietnam’s infrastructure
May 23rd, 2008 - 2:10 pm ICT by admin
Xinhua
Hanoi, May 23 (Xinhua) The World Bank has approved a loan of over $502 million to help Vietnam improve its urban infrastructure, expand the rural electricity network and facilitate the accession to ... Read more...
Posted in World |
New infrastructure projects to give Mumbai new shape
March 15th, 2008 - 11:56 pm ICT by admin
Mumbai, March 15 (IANS) As many as 16 flyovers, a proposed monorail project and several other infrastructure undertakings are going to give Mumbai a new shape as the Maharashtra government sanctioned Rs.66.43 ... Read more...
Posted in Business |
Danish Road Directorate to define road safety policy
March 13th, 2008 - 10:02 pm ICT by admin
New Delhi, March 13 (IANS) The National Highway Authority of India (NHAI) has appointed the Danish Road Directorate (DRD) to define road safety policy and develop action plans, said K.H. Muniyappa, Minister ... Read more...
Posted in Business |