New Delhi [India], April 27 (ANI): After a record-breaking six billion dollars in Q4 19, venture capital (VC) investment in India fell sharply to just 2.2 billion dollars in Q1 20 in part due to economic uncertainty, professional services firm KPMG said on Monday.
Islamabad [Pakistan], April 24 (ANI): The Asian Development Bank (ADB) will give USD 1.7 billion dollars to Pakistan to help the nation in containing the coronavirus outbreak and to mitigate the economic impact of it.
Geneva [Switzerland], April 24 (ANI): The potential revenue loss by European carriers in 2020 has grown to 89 billion dollars and passenger demand measured in revenue passenger kilometres) is projected to be 55 per cent below 2019 levels, according to the International Air Transport Associat
Singapore, April 24 (ANI): Airlines in India are likely to suffer a revenue loss of 11.2 billion dollars this year leading to 2.9 million jobs at risk as passenger demand falls by 47 per cent due to COVID-19 crisis, the International Air Transport Association (IATA) said on Friday.
Mumbai (Maharashtra) [India], April 22 (ANI): Equity benchmark indices rose by 2.4 per cent on Wednesday as index heavyweight Reliance Industries surged by 9.8 per cent with Facebook picking up nearly 10 per cent stake in India's largest private sector company's digital business for 5.7 bill
Manila [The Philippines], April 22 (ANI): The Asian Development Bank (ADB) returned to the US dollar bond market on Wednesday with the pricing of a 4.5 billion dollars five-year global benchmark bond issue proceeds of which will be part of ADB's ordinary capital resources.
Manila [The Philippines], April 13 (ANI): The Asian Development Bank (ADB) on Monday tripled the size of its response to novel coronavirus disease (COVID-19) pandemic to 20 billion dollars and approved measures to streamline its operations for quicker and more flexible delivery of assista
Manila [The Philippines], April 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
Mumbai (Maharashtra) [India], April 9 (ANI): The National Real Estate Development Council (NAREDCO) has sought 200 billion dollars (about Rs 15 lakh crore) from the government as a relief package to minimise the economic impact of COVID-19 and called for a partial lifting of the lockdown on
New Delhi [India], Apr 8 (ANI): Industry bodies FICCI and ASSOCHAM on Wednesday called for phased opening up of the economy and re-starting growth with a stimulus package of 200 billion to 300 billion dollars (about Rs 15 lakh crore to 22 lakh crore).
Manila [The Philippines], Apr 1 (ANI): The Asian Development Bank (ADB) has returned to the US dollar bond market with the pricing of a two-year global bond with a principal amount of 4.5 billion dollars, proceeds of which will be part of ADB's ordinary capital resources.
Kuala Lumpur [Malaysia], Mar 19 (ANI): Asian airlines are facing revenue shortfalls of over 60 billion dollars this year as a result of sharp falls in demand which have already forced grounding of over half the fleet, the Association of Asia Pacific Airlines (AAPA) said on Thursday.