Japan will give a fresh loan of about $22.6 billion for the second phase of Dedicated Freight Corridor and an infrastructure project in south India, Prime Minister Yoshihiko Noda on Tuesday told his Indian counterpart Manmohan Singh as they met here, making up for an opportunity lost a few days ago. Singh, while welcoming the announcement of loan, emphasised to Noda that India’s priority was investments by Japanese companies in infrastructure projects like Delhi Metro Rail, which was a “fine example” other cities want to emulate. Read More