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India, Russia ink MoU for cooperation in smart cities scheme

India today signed an agreement with Russia for cooperation in the implementation of 'smart cities' programme and use of IT solutions of the Russian companies.

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NDB Sanctions USD 250 mn For India's Renewable Energy Scheme

The project will result in generation of 500 MWs of renewable energy and savings of about 800,000 tonnes of carbon emissions

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China ratifies AIIB agreement

The 60-article Asian Infrastructure Investment Bank (AIIB) agreement outlines financial shares of founding members, rules for policymaking, governance structure and business and operational systems

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India seeks investment from BRICS partners

BRICS investment in flagship programmes like 'Make in India', 'Skill India' has been invited, with a strong pitch being made to remove structural impediments to boost trade

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Open for Business: New Development Bank by BRICS

Floated by the BRICS nations to help step up infrastructure funding in the emerging economies, it formally commenced operations at its China headquarters

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ADB to increase India lending by 50 percent to $12 bn by 2018

India's track record in repayment of loans was very clean and ADB would be looking forward to increasing its exposure in infrastructure, skill development and urban services, said Asian Development Bank President Takehiko Nakao

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