Finance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank President Zou Jiay in New Delhi on the sidelines of the BRICS Summit, with both sides reviewing ways to deepen their partnership. The discussions focused on infrastructure priorities, transport connectivity, local-currency financing, and greater private-sector participation in India’s development agenda.
"Sitharaman, AIIB Chief Discuss Deeper India Partnership, Infrastructure Push"
Finance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank President Zou Jiay in New Delhi on the sidelines of the BRICS Summit, with both sides reviewing ways to deepen their partnership. The discussions focused on infrastructure priorities, transport connectivity, local-currency financing, and greater private-sector participation in India’s development agenda.
Sitharaman, AIIB Chief Discuss Deeper India Partnership, Infrastructure Push
RDU Global Wire
Automotive, EVs & Mobility Desk
Finance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank President Zou Jiay in New Delhi on the sidelines of the BRICS Summit, with both sides reviewing ways to deepen their partnership. The discussions focused on infrastructure priorities, transport connectivity, local-currency financing, and greater private-sector participation in India’s development agenda.
Editorial & Verification Notice
Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
Related Coverage
Rapido Booked in Pune Over Alleged Unlicensed Bike-Taxi Operations
Rapido has been booked in Pune for allegedly operating bike taxis without the required licence, intensifying scrutiny of app-based two-wheeler mobility services in Maharashtra. The case lands amid continuing regulatory uncertainty over bike-taxi operations across Indian states, where enforcement and policy frameworks remain uneven.
Supreme Court Says Tax Must Follow Product’s Form at Sale, Not Its End Use
The Supreme Court has held that a product’s tax classification must be determined by its physical form at the point of sale, not by how it may ultimately be used. The ruling came as the court dismissed revenue appeals seeking to classify Cadila Healthcare’s GRD Powder and GRD Mix as non-alcoholic beverages taxable at 10%.
India’s August balance of payments flips to $45.4 billion surplus as capital inflows surge
India posted a sharply stronger balance of payments surplus of $45.4 billion in August, reversing a $5.6 billion deficit a year earlier even as the current account remained in deficit. The swing was driven by a jump in capital-account inflows to $50.6 billion, alongside higher net transfers, underscoring the impact of policy measures aimed at attracting foreign currency into the financial system.
