India Formally Becomes Shareholder of European Development Bank

London: India was today formally announced as the 69th shareholder of the European Bank for Reconstruction and Development (EBRD), paving the way for more joint investment with Indian companies across the bank’s regions of operation. The Indian government had applied for EBRD membership in December 2017. The EBRD board of governors, which represents all the existing […]

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India is growing faster than China again

Growth accelerated in the quarter ended December to 7.2%, the government said Wednesday. That’s faster than China’s growth over the same period, and a big jump from the 6.5% India recorded the previous quarter. India is expected to further widen the gap over China in 2018, with the International Monetary Fund predicting last month that it will grow […]

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