The projects are expected to add 410 km to the railway network, connect 6,448 villages and enable 76 million tonnes of additional freight traffic annually. The Union Cabinet on Tuesday approved five infrastructure projects worth a total of Rs 13,041 crore, including four railway multitracking projects costing Rs 9,450 crore and the four-laning of an…

A man navigates through a mud-covered street next to damaged houses following the flash floods and mudslide in Nepal Nepal may need between $4 billion and $5 billion to rebuild after this week’s devastating floods, finance minister Swarnim Wagle told Reuters on Saturday, as authorities continued to assess the scale of loss and damage.“The initial…

India’s economy is projected to grow at 6.4 per cent in 2026 and 6.6 per cent in 2027, according to a United Nations report, indicating the country’s continued position as a key driver of growth in the Asia-Pacific region.The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in its latest Economic…

India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s overall reserves had dropped by $11.683 billion to $716.81 billion. The reserves had earlier touched an all-time high of…

India expects a US delegation to visit the country for the next round of bilateral trade talks, though dates for the meetings are yet to be finalised, an official told news agency PTI on Monday.The development comes after Indian officials travelled to Washington DC in April for in-person discussions with their US counterparts to advance…