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IFC is adviser to Vizhinjam project16-NOV-09
The International Finance Corporation (IFC), a member of the World Bank Group, will act as the principal adviser to the proposed Vizhinjam International Seaport, near Thiruvananthapuram.
Govt to assess regulators' actions16-NOV-09
The government is considering to put in place a mechanism for assessing the impact of actions of three regulators — Sebi for capital markets, PFRDA in pensions and Irda in insurance — as part of efforts to deepen the financial market.
'We are World Bank's largest borrower'14-NOV-09
Power Grid Corporation of India (PGCIL), the state-owned power transmission company, is planning a capex of Rs 85,000 crore to Rs 1 lakh crore for the 12th Five-Year Plan (2012-17). The Navratna PSU is also eyeing a follow-on public offer (FPO) for the proposed expansion. Already, the corporation has become the single-largest borrower from the World Bank. So far, it has drawn $5 billion from the Bank.
Inflation a risk to recovery: World Bank13-NOV-09
Asian economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilising inflation, World Bank President Robert Zoellick said today. The US and European economies, which are barely starting to recover from the global meltdown, are less at risk, but in Asia, the massive liquidity flowing into regional markets could push asset prices up dangerously high, Zoellick said.
Google routes World Bank data to fact seekers12-NOV-09
Google is adding World Bank figures to Internet results in a bid to make hard facts about countries worldwide easier to find.
World Bank official calls on Tamil Nadu CM05-NOV-09
A top World Bank official today called on Tamil Nadu Chief Minister M Karunanidhi to review ongoing projects in the state.
PowerGrid to raise Rs 3,000 cr via bond sale04-NOV-09
Central transmission utility PowerGrid today said it would raise Rs 3,000 crore through bonds by January next year.
World Bank launches catastrophe bonds for emerging countries04-NOV-09
The bonds will help economies get cheaper insurance against natural disasters.
IFC to promote PPP in healthcare04-NOV-09
The International Finance Corporation (IFC), a member of the World Bank group, will work with the Andhra Pradesh government to enable three public hospitals in Kurnool, Vishakhapatnam, and Warangal to offer advanced diagnostics services like dialysis to low and middle income people.
IISR project to use mass media to motivate farmers31-OCT-09
The Indian Institute of Spices Research (IISR) here is coming out with a major project to share agriculture information at the grassroot level, among stakeholders and policy planners through the mass media.
PowerGrid seeks Rs 8,750 cr from WB, ADB30-OCT-09
PowerGrid Corporation is seeking loans of Rs 8,750 crore from the World Bank and the Asian Development Bank (ADB) to fund upcoming transmission projects in the country.
Himachal highways work hit as Chinese leave27-OCT-09
Building of two major roads in Himachal Pradesh has come to a halt after the Centre imposed new visa restrictions for foreigners working in India. All the 96 workers of Lonjian Road and Bridge Ltd, a Chinese company, have returned to China after the Indian government recently asked all foreigners working in India to apply for work visas instead of business visas, sources said.
JNNURM lifeline likely26-OCT-09
The UPA government's flagship infrastructure scheme, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), could be extended beyond its 2012 termination time line, although the Centre was yet to take a concrete decision on the matter.
Mahesh Vyas: 'Landing' the investment opportunity26-OCT-09
Fears that the investments boom that began in 2004 would be decimated by the global liquidity crisis have been proved wrong.
India invites Pak for talks on Kishenganga project15-OCT-09
India has invited Pakistan for talks over Kishenganga power project in Jammu and Kashmir, an issue over which Pakistan has threatened to move the World Bank for arbitration.
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