ADB pledges $5 billion for India’s growth

The Asian Development Bank (ADB) pledged $5 billion in loans and grants to India in 2024, along with $2.2 billion in cofinancing, to support key developmental projects. Funding is directed towards healthcare, education, and infrastructure improvements across multiple states. Maharashtra…

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Nokia sells stake in Vi, raises Rs 785.67 crore

Nokia Solutions and Networks India divested its 0.95% stake in Vodafone Idea (Vi) through a bulk deal, raising Rs 785.67 crore. Goldman Sachs (Singapore) Pte was a major buyer, acquiring a 0.55% stake. This sale follows Vi’s allotment of shares…

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China is weighing tariff exemptions on some U.S. imports

Amid escalating trade tensions, China is considering excluding essential U.S. products from retaliatory tariffs, particularly in healthcare and semiconductors, to mitigate supply chain disruptions. The American Chamber of Commerce in China reported that some businesses may exit China if the…

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