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Japan to provide Rs 5,536 crore loan for metro projects in India

India and Japan today exchanged notes for Japan’s Official Development Loan Assistance (ODA) worth Rs 5,536 crore for Chennai and Ahmedabad metro rail projects, said officials from Finance Ministry. The estimated base cost of the Chennai Metro Rail project is about Rs 14,600 crore and Ahmedabad Metro Rail project is ...

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Japan offers $15 billion for bullet train project in India

Japan has offered financial support besides technology for India’s ambitious rail project, estimated to cost about Rs 90,000 crore at an interest rate of less than one per cent. This 505 km project will link Mumbai with Ahmedabad. Japan’s decision to give virtually free finance for Modi’s pet programme is ...

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India, US, Japan to collaborate on maritime security

India, US and Japan have agreed to work together to maintain maritime security through greater collaboration. US Secretary of State John Kerry hosted the dialogue with Indian External Affairs Minister Sushma Swaraj and Japanese Foreign Minister Fumio Kishida, highlighted their shared support for peace, democracy, prosperity, and a rules-based international ...

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