Both the exercises were done at the insistence of the Asian Development Bank (ADB) that had pumped in funds to modernise the water supply system in the city. In Salt Lake, a civic official pointed ou...

The Asian Development Bank has revised downwards its growth forecast for India for the current fiscal to 10 per cent from 11 per cent predicted earlier, citing the adverse impact of the second wave of...

A tripartite loan agreement of Rs 1,168 crore was signed between Jharkhand urban development department, Asian Development Bank and the Union government to develop water supply infrastructure and stre...

Multilateral funding agency Asian Development Bank has approved a USD 150 million (about Rs 1,095 crore) loan for a sustainable housing project for the urban poor in Tamil Nadu. The loan to provide a...

Union Road Transport and Highways minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India's rising foreign exchange reserves for funding road proje...

Finance minister Nirmala Sitharaman on Tuesday sought Parliament’s approval to spend Rs 1.87 lakh crore as gross additional expenditure. Of this, the actual cash outgo will only be Rs 23,675 cro...

Global credit rating agency Standard and Poor’s (S&P) on Wednesday warned of downside risks for the Indian economy if the second wave of the pandemic persists. A long-drawn outbreak will imp...

The worst effect of the pandemic on the Indian economy has been the widespread loss of jobs, substantial pay cuts, and disruptions in education and training programmes. A recent survey published by th...

As many as 41 lakh youths in India lost their jobs due to the Covid-19 pandemic, the majority of them in the construction and farm sectors, according to a joint report by the International Labour Orga...

The election commissioner who repeatedly dissented against clean chits to Narendra Modi and Amit Shah for their controversial Lok Sabha campaign speeches last year and who was in line to become the ne...