aiib

India's second-largest shareholder, the Asian Infrastructure Investment Bank (aiib), has launched a $10 billion fund to aid member nations grappling with the Middle East conflict's economic fallout. This facility offers crucial support for energy and food security, alongside economic resilience, through fast-disbursing aid and liquidity for affected countries and businesses.

India has eased foreign investment rules, allowing up to 100% FDI in insurance and relaxing norms for investments from neighbouring countries. Companies with up to 10% Chinese holding can now invest via the automatic route, though entities registered in China itself are excluded. These changes aim to boost capital inflows amidst a weakening rupee.

Beijing-backed Asian Infrastructure Investment Bank (aiib) has approved a loan of $750 million to help India battle the impact of the coronavirus pandemic on vulnerable households, the bank said on Wednesday.

New Delhi, Feb 27 () Asian Infrastructure Investment Bank (aiib) will invest around USD 200 million in India's first sovereign wealth fund NIIF, said aiib president Jin Liqun here today.

India on Wednesday asked Beijing-based multilateral lending agency aiib to scale up investments in priority areas like clean energy and infrastructure sector with a special focus on education and health.

The Asian Infrastructure Investment Bank (aiib) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is driven by a focus on private sector projects, particularly in renewable energy, green mobility, and affordable housing.

New Delhi, Dec 12 () India will host the 3rd annual meeting of the Board of Governors of Asian Infrastructure Investment Bank (aiib) at Mumbai on June 25-26 next year, an official statement today said.

New Delhi, Feb 28 () The Asian Infrastructure Investment Bank (aiib) will provide a loan of USD 455 million to finance the Andhra Pradesh Rural Roads Project, which will connect about 3,300 habitations with a population of more than 250, and benefit around two million people.

New Delhi, Jul 5 () China-led Asian Infrastructure Investment Bank (aiib) today said its board has approved USD 329 million loan to build access roads to 4,000 villages in Gujarat.

The Asian Infrastructure Investment Bank (aiib) will pump $200 million into the National Investment & Infrastructure Fund (NIIF). The funding was announced by economic affairs secretary Subash Chandra Garg ahead of the third aiib annual meeting which will be attended by Prime Minister Narendra Modi on Tuesday.

New Delhi, Jun 13 () Finance Minister Arun Jaitley will leave tonight on a four-day visit to South Korea to participate in the economic dialogue between the two countries and the 2nd Annual Meeting of Board of Governors of the Asian Infrastructure Investment Bank (aiib).