Asian Infrastructure Investment Bank News

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Why did Canada halt ties with China's answer to World Bank | Mint Primer | Mint

Canada’s government has announced it will halt its work at the China-led Asian Infrastructure Investment Bank (AIIB). The dramatic move comes after allegations surfaced that the Chinese Communist Party interfered substantially in the organisation’s work. India’s voting power in the AIIB is second only to China’s and the country has been a key beneficiary of the bank's loans.

3 Jul 2023
Politics

Narendra Modi at AIIB: With $2.8 trillion size, Indian economy is the 7th largest in the world

Indian economy is the third largest in terms of purchasing power parity, says PM Narendra Modi said at the third annual general meeting of AIIB in Mumbai

3 min read26 Jun 2018
Politics

India won’t stop fund flow to CPEC: Piyush Goyal

India was isolated in its criticism of CPEC and was the only country at this month's SCO summit in Qingdao in China that refused to endorse the Belt and Road Initiative (BRI)

2 min read25 Jun 2018
Politics

Capital cost for $4.5 trillion infra investment a challenge: Piyush Goyal

Interim finance minister Piyush Goyal also said that capacity building to handle big infra projects is also a challenge

2 min read25 Jun 2018
Industry

India seeks $2.4 billion funding from AIIB

The Asian Infrastructure Investment Bank (AIIB) will also invest $200 million in India's National Investment and Infrastructure Fund (NIIF), says economic affairs secretary Subhash Chandra Garg

1 min read25 Jun 2018
Politics

PM Narendra Modi to address AIIB meeting in Mumbai on Tuesday

This year's AIIB meet theme is Mobilizing Finance for Infrastructure: Innovation and Collaboration, given the private sector's vital role in bridging the infrastructure gap

2 min read25 Jun 2018
Opinion

Taking stock two years after AIIB’s opening

It appears to be well on its way to becoming a credible institution that promises to make an important contribution in providing regional and global public goods

4 min read1 Mar 2018
Industry

AIIB approves $1.5 billion of loans to India for infrastructure projects

China-based Asian Infrastructure Investment Bank (AIIB) approves $1.5 billion in loans to India for infrastructure-related projects in 2018, says a senior AIIB official

1 min read27 Feb 2018
News

Japan could still join China Infrastructure Bank, says Shinzo Abe ally

Japan could consider joining China's Asian Infrastructure Investment Bank if it makes some changes, says Yoshihisa Inoue, secretary general of Shinzo Abe's coalition partner, Komeito

1 min read7 Dec 2017
Industry

India will be largest borrower for AIIB: Sir Danny Alexander

Asian Infrastructure Investment Bank is open to fund financially viable projects in India's infrastructure sector, says Sir Danny Alexander, vice president and corporate secretary at AIlB

2 min read24 Aug 2017
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