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Monthly Archives: January 2018

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ADB lends US$250M for all-weather road

Road design to cover heavy rainfall and storm surges The Asian Development Bank (ADB) is lending US$250 million for the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal.

Western Union opens Pune tech centre

Investment for fintech and innovation strategy Western Union (NYSE: WU) has launched a new Technology Engineering Centre (WUTEC) at Pune, reinforcing the company’s commitment to global innovation and investment in engineering resources.

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Export prospects good but FIEO wants more

Oil price hike main risk for Indian economy   The prospects for India’s External Sector in this and coming year look bright with world trade projected to grow at 4.2% and 4% in 2017 and 2018, respectively, up from 2.4% percent in 2016, says the