Other large recipients are China ($64 billion), the Philippines ($28 billion), Mexico ($24 billion), Nigeria ($21 billion), Egypt ($18 billion), Pakistan ($17 billion), Bangladesh ($15 billion), Vietnam ($11 billion) and Ukraine ($9 billion).
If you can name it, someone collects it. Here's a gallery of collectors and their (unusual) obsessions.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Gaganjeet Bhullar charged into a two-shot lead at the Indonesia Open after an opening seven-under-par 64 on Thursday.
'China, which had earlier blockaded New Delhi's bid to join the Nuclear Suppliers Group by citing the nuclear non-proliferation law, finds itself in an awkward position and international isolation.' 'India needs to pursue a policy of mediation between China and the Southeast Asian countries for regional security,' says Srikanth Kondapalli.
Oscar 2015 host Neil Patrick Harris has several big shoes to fill in.
'Foreign aid to Pakistan. Forget it, bye bye...' 'F-16s to Pakistan. Forget it.' Shalabh Kumar, the desi who knows Donald Trump best, speaks to Rediff.com's Vaihayasi Pande Daniel.
'Every Ali obituary I read made the point that he 'transcended his sport' -- a reference to the many battles he fought with America even as he fought in America.' 'What the obituaries leave out is that Ali equally transcended the boundaries of geography and of information -- as witness the Chennai teen who assimilated that most mobile of fighters through still images shorn of context.'
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
The venture is seen as a rival to the World Bank.
The death of Muhammad Ali, the former heavyweight champion known as much for his political activism as his boxing brilliance, triggered a worldwide outpouring of affection and admiration for one of the best-known figures of the 20th century.
In anticipation of a verdict to be delivered by the International Tribunal of the Permanent Court of Arbitration in The Hague on Tuesday, China has orchestrated a worldwide campaign to defuse its findings.
Dozens of farmers have already committed suicide in India after damage from unseasonal rains this year.
The White House on Wednesday released its annual collection of some of the most interesting photographs of President Barack Obama and his family.
Rediff.com brings you a collection of some of the best sports images from around the world...
Here's a collection of images of the past week.
Ramping up globally, the Indian restaurant search service is going as local as possible in its markets to improve its brand's stickiness.
Former editor of Femina magazine, Sathya Saran looks back at the Miss India pageant that changed the lives of two young women.
An international tribunal in the Hague has ruled in favour of the Philippines.
Some stunning moments of the week that was
A hard, unrelenting film that doesn't give in to over-sentimentality, Citylights is like the city of Mumbai -- it beats you down and when you are broken, takes you in its arms and loves you. Suparn Verma, who has directed films like Aatma, Acid Factory and Ek Khiladi and Ek Haseena, raves about the film.
If an elected government had been sworn in, Jung's tenure and the government would have been more or less co-terminus and Jung would have been just the ceremonial head of Delhi. Now, he will run Delhi, pending another round of assembly elections, says Aditi Phadnis
Six of the most memorable bouts to have ever taken place in the history of boxing.
More than 60 years ago, a bicycle thief in Louisville, Kentucky, unknowingly set in motion one of the most amazing sports careers in history.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Bikash Mohapatra salutes boxing legend Muhammad Ali.
While Calcutta has transitioned to Kolkata, Satyajit Ray's detective, Feluda, has remained unchanged in the Bengali consciousness
The company has become very big in the past 10 years -- it has grown almost 10 times; that is an unbelievable pace of growth, said the Infosys CEO.
Dr P K Menon, Chief Scientist and CEO, Optimal Synthesis Inc, who worked with Dr A P J Abdul Kalam early on in his career, recalls what it was like working for his first boss.
The year saw some standout performances from lesser known actors.
Here's a glimpse at what happened around the world last week
Transcript of the Ganesh Natarajan chat on rediff on Friday.