At ₹2,797 crore, State’s share second highest; nil funding for coal-based projects Tamil Nadu is among the States which saw significant lending to renewable energy projects and nil lending to coal projects in 2017,...
Protest mounts against bank’s $200-million offer for proposed $2.1-billion NIIF With the Asian Infrastructure Investment Bank (AIIB) board getting ready to hold its third annual general meeting in the city on June 25 and...
The Centre for Financial Accountability said coal received $9.4bn last year, compared to clean technologies receiving $3.5bn India’s public-owned banks and finance groups lent more money to coal projects than renewables in 2017. That’s according...
The report, prepared by Delhi-based Centre for Financial Accountability (CFA), finds that coal received Rs 60,767 crore ($9.35 billion) in lending whereas renewable energy received Rs 22,913 crore ($3.50 billion). New Delhi: A majority...
The three-day people’s convention on infrastructure financing will be held on June 21, 22 and 23, before the AIIB meets in Mumbai on June 25 and 26. Ahead of the third annual meeting of...
India Wants More Renewables, but its Banks are Pouring Billions into Coal Even as the Narendra Modi government pushes for renewable energy, Indian financiers are backing coal-based power projects. Around 73% of all funding...
A majority of government-owned banks and financial institutions continued to fund coal projects in India in 2017, an analysis of energy project lending said on Tuesday. It also reveals that comparatively, private financial companies...
‘Easy loans by international banks damaging national policies’ Staff Reporter, Vijayawada: Bharat Jan Vigyan Jatha national convener Soumya Dutta has said that the loans borrowed from international banks like the China-based Asian Infrastructure Investment...
Express News Service, VIJAYAWADA: Expressing concern over the unchecked borrowing from different banks and funding agencies across the globe by the TDP Government in the State, experts from National Association of People’s Movements (NAPM)...
Over 100 trader organisations today opposed the USD 16-billion Walmart-Flipkart deal stating it would cause “irreversible damage” to small traders and endanger jobs for thousands. PTI | New Delhi | Over 100 trader organisations today opposed...
BloombergQuint The Fineprint | Are Gujarat farmers likely to succeed against World Bank’s lending arm IFC – International Finance Corporation? Vermont Law School’s John Echeverria & CFA’s Joe Athialy share their views.
The sudden ATM cash crunch in several States points to the government’s ham-handed approach to currency management and evokes suspicions of plans to weaken public sector banks. By PURNIMA S. TRIPATHI THE ghost of...
The 2017 Global Findex Database of the World Bank Group portrays India in a remarkably favourable light owing to the sharp increase in the number of bank account holders in the country, but the...
MANILA — The Asian Development Bank will finalize its new long-term strategy in July, but Strategy 2030 still needs plenty of tweaking, according to civil society organizations present at ADB’s 51st Annual Meeting in...
Nearly 100 major groups and several prominent experts have attacked the NDA government for the manner in which the banks and economy are being wrecked due to the impact of demonetisation followed by the...
