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World Bank approves $800 million loan for Amaravati construction

IndiaTimes Friday, 20 December 2024 ()
The World Bank approved an $800 million loan to develop Amaravati, Andhra Pradesh's new capital city. The funding will support infrastructure development and establish Amaravati as a well-managed, climate-resilient economic hub, creating jobs and improving residents' lives. The loan has a 29-year maturity period, including a six-year grace period.
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Amaravati Amaravati Capital city in Andhra Pradesh, India


World Bank World Bank International financial institution

Heavy Israeli airstrikes hit southern suburbs of Beirut [Video]

Heavy Israeli airstrikes hit southern suburbs of Beirut

The World Bank estimates the 13-month Israel-Hezbollah conflict has caused over €8 billion in losses, with €3.2 billion in infrastructure damage and €4.8 billion in economic impact.

Credit: euronews (in English)    Duration: 01:01Published
Starmer thanks president of World Bank for his support [Video]

Starmer thanks president of World Bank for his support

Sir Keir Starmer meets president of the World Bank Ajay Banga on the fringes of the COP29 climate change summit in Azerbaijan – and thanks him for his support as he launches the CIF Capital Market Mechanism. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:39Published

Andhra Pradesh Andhra Pradesh State in southern India

'One nation, one poll' not before 2029, says Chandrababu Naidu

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NDA candidates elected unopposed in Andhra Rajya Sabha by-elections

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Cyclone Fengal LIVE Updates: Red Alert Issued for Tamil Nadu, Andhra Pradesh, Kerala & Karnataka. [Video]

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Cyclone Fengal is set to make landfall today, November 30, near Tamil Nadu and Puducherry, bringing winds of 70-90 km/h and heavy rainfall. Red alerts are in effect for Tamil Nadu, South Andhra Pradesh, Puducherry, and Kerala. Schools are closed, and airports, including Chennai, are facing potential disruptions. Fishermen are advised to stay ashore, and emergency teams are deployed. #CycloneFengal #TamilNadu #Puducherry #IMD #WeatherAlert #Rainfall #WindSpeed #SchoolsClosed #TravelDisruptions #EmergencyResponse #Oneindia #OneindiaNews ~HT.178~GR.125~PR.362~ED.155~

Credit: Oneindia    Duration: 03:21Published

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