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New India-Bangldesh waterway operational; enhances transit and connectivity

The first consignment of goods from Bangladesh arrived in Tripura by waterway on Saturday as part of a trial run for shipping of goods from other parts of India to the northeast region via Bangladesh formally making operational of new waterways between the two neighbours

More on Cooperation/Trade

ADB approves USD 20 mn for Bhutan’s COVID-19 response

The Asian Development Bank (ADB) on May 4 approved a USD 20 million loans to mitigate the effects of the novel coronavirus (COVID-19) pandemic and stimulate the Bhutanese economy

Over 30 Indian COVID 19 vaccines being developed, some set to enter trial stage

With the focus shifting from containment to treatment of Covid-19, Prime Minister Narendra Modi conducted a detailed review of the current status of India's efforts in vaccine development, drug discovery, diagnosis and testing

Nepal economy in tatters as foreign remittances start dwindling

Pradeep Raj Lamsal, who works in Dubai, was in for a rude shock when his company asked him not to come to the office for at least six months after he was told to stay home without pay in March when a coronavirus lockdown was enforced in the United Arab Emirates

Pakistan, ADB finalise $305m emergency loan

Pakistan and the Asian Development Bank (ADB) have finalised negotiations for a $305 million emergency loan to procure health equipment and disburse cash assistance among the needy women aimed at coping with the health and economic crises stemming from the coronavirus (Covid-19) pandemic

8.5pc GDP growth set for fiscal 2020-21 on hopes of V-shaped recovery

The government is gunning for an 8.5 per cent GDP growth next fiscal year in the hope the economy would be springing back to a higher expansion trajectory once the coronavirus outbreak has been quelled

Sri Lanka tea production, exports lowest in March 2020

Sri Lanka’s tea production in March and the first quarter has declined to the lowest level in many decades, a Tea Exporters Association report said

Indian medical research institutes collaborating for corona vaccine

The King George's Medical University (KGMU) is collaborating with the Central Drug Research Institute (CDRI) in Lucknow for three major research projects, including the development of a vaccine for the coronavirus

Pakistan formally applies for G20 debt relief

Pakistan has formally requested members of G20 nations for debt relief with a commitment of not contracting new non-concessional loans, except those allowed under the International Monetary Fund (IMF) and World Bank guidelines

IIT-Madras startup creating nanoparticle coating material to tackle corona

An Indian Institute of Technology (IIT) Madras-incubated startup Muse Wearables is developing novel and scalable methods for coating textiles with nanoparticles-based antimicrobial agents that can inactivate the human coronavirus on contact, the Institute said on Monday

US private equity Silver Lake to invest Rs 5,655.75 cr in India's Jio Platforms

Reliance Industries Limited and Jio Platforms Limited  announced on Monday morning that US private equity Silver Lake will invest Rs 5,655.75 crore for a 1.15 percent stake into Jio Platforms

World Bank prepares $247.5m PREP to help Pakistan fight virus

The World Bank (WB) has said that it has prepared a $247.5 million programme to support Pakistan’s frontline healthcare staff and those whose lives have been affected by the novel coronavirus pandemic, which has aggravated the human and economic sufferings across the globe

The Economist sees Bangladesh ninth strongest among emerging economies in coronavirus peril

The Economist magazine has placed Bangladesh on the ninth position in terms of different indicators of financial strength among 66 emerging markets in peril over the coronavirus crisis

Amidst pandemic, BRO ensures remote connectivity across India

Truly and most justifiably, India's Border Roads Organisation (BRO) is in the essential services list through the COVID-19 lockdown, with not a day’s rest, connecting to remote border areas in the crisis, true to their motto, ‘BRO creates, connects and cares’

India-Bangladesh trade resumes through Petrapole border

After a month's gap, India-Bangladesh trade through the land border of Petrapole in West Bengal's 24 Parganas North district began on Thursday, an official said

It is a wake-up call: India's top scientific adviser

"It is a wake-up call," said K. Vijay Raghavan, Principal Scientific Adviser to the Indian government, whose role is very significant in the current COVID-19 scenario. Raghavan has stressed the need to reinvent to create a national structure that can deal with such extraordinary situations.