Jin Liqun has been elected to a second term as President of the Asian Infrastructure Investment Bank (AIIB) by the bank’s board of governors. The election result was announced by the chair of AIIB’s board of governors during the bank’s fifth annual meeting on Tuesday.

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman, on Thursday, reviewed the performance of Special Window for Affordable and Mid Income Housing (SWAMIH) with ministry officials and senior management team of the State Bank of India, SBI Capital Markets Ltd and SBICAPS Ventures Limited (SVL).

India is among one of the key producers and consumers of steel pipes and tubes in the Asia-Pacific region. Growth in various end-use industries, especially oil & gas and water, is expected to further propel the demand for these products. By DR. RAMESH CHANDRA MANSUKHANI

In an important move on Wednesday evening, the Union Cabinet, chaired by Prime Minister Narendra Modi, gave its approval for the development of Affordable Rental Housing Complexes (AHRCs) for urban migrants and poor as a sub-scheme under Pradhan Mantri Awas Yojana-Urban (PMAY-U).

This especially included the transmission of the repo rate cuts to consumers in terms of reduced interest rates.

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman today said that the COVID emergency credit facility covers all companies and not just MSMEs.

Union Human Resource Development Minister, Ramesh Pokhriyal ‘Nishank’ and Minister of State (Independent Charge), Housing & Urban Affairs, Hardeep Singh Puri jointly launched the maiden initiative, ‘The Urban Learning Internship Programme (TULIP)’ in New Delhi on Thursday.

CW’s webinar discusses the current economic scenario, the stimulus package, what can be done to revive the economy, and more...

The finance minister announces affordable rental accommodation for migrant workers and urban poor and extends subsidy under the prime minister’s housing programme.