Articles for tag: AIIB, Booming, Economy, Indias, LowIncome, Nations, Nirmala, Qatar, Sitharaman, Strengthens, Support, Ties, Urges

September 25, 2024

Nirmala Sitharaman urges AIIB to support low-income nations, strengthens ties with Qatar amid India’s booming economy.

Union Finance Minister Nirmala Sitharaman urged the Asian Infrastructure Investment Bank (AIIB) to maintain a client-centric approach, especially for low-income countries, to access financial resources and technical assistance. During a meeting with AIIB President Jin Liqun prior to the 9th Annual Meeting of Board of Governors, she praised the bank’s rapid growth over nine years. ...

September 3, 2024

Market News

Business

India Strengthens Defense: Major Acquisition of Combat Vehicles and Radars Approved

The Indian Defence Ministry has approved significant acquisitions to modernize the Army’s capabilities, including the procurement of future-ready combat vehicles (FRCVs) and air defence fire control radars. In a meeting chaired by Defence Minister Rajnath Singh, the Defence Acquisition Council cleared ten proposals totaling Rs 1,44,716 crore, with 99 percent sourced from indigenous manufacturers. The ...