ADB

ADB cuts India's FY22 economic growth forecast to 10%; inflation rising marginally to 5.5%

ADB cuts India's FY22 economic growth forecast to 10%; inflation rising marginally to 5.5%

The Asian Development Bank (ADB) has downgraded India's economic growth forecast for the current financial year to 10 per cent on Tuesday...Read More

Help nations to prevent health crisis from becoming economic crisis: FM to ADB

Help nations to prevent health crisis from becoming economic crisis: FM to ADB

India on Wednesday asked multilateral lending institutions like the Asian Development Bank (ADB) to extend support to developing countrie...Read More

India's GDP to grow at 11% this fiscal, surge in COVID cases may put economic recovery at risk: ADB

India's GDP to grow at 11% this fiscal, surge in COVID cases may put economic recovery at risk: ADB

The Indian economy is projected to grow at 11 percent in the current financial year amid the 'strong' vaccine drive, said ADB on Wednesda...Read More

ADB to give Rs 2100-cr loan to Tripura Govt for Urban & tourism development

ADB to give Rs 2100-cr loan to Tripura Govt for Urban & tourism development

Of this Rs 2,100 crore loan, Rs 1600 crore will be for urban development and Rs 500 crore for the tourism sector development

India's recovery faster than expected; ADB cuts contraction projection to 8% for FY21

India's recovery faster than expected; ADB cuts contraction projection to 8% for FY21

Observing that the economy has begun to normalise, the Asian Development Outlook (ADO) Supplement said the second quarter contraction at ...Read More

Madhya Pradesh: ADB, India sign $270 million loans to improve urban services in 64 small cities

Madhya Pradesh: ADB, India sign $270 million loans to improve urban services in 64 small cities

The Asian Development Bank (ADB) and the Government of India on Monday signed a $270 million loan to develop water supply and integrated ...Read More

India's youth unemployment rate for 2020 at 32%: Report

India's youth unemployment rate for 2020 at 32%: Report

Predicting a grim picture of India's employment scenario, a report jointly prepared by the Asian Development Bank (ADB) and International...Read More

State gets $177million ADB loan for 13 state highways, district roads

State gets $177million ADB loan for 13 state highways, district roads

The Asian Development Bank (ADB) and the Government of India, on Thursday, signed a $177 million loan to upgrade 450 kilometers (km) of 1...Read More

Global economy could witness losses worth up to USD 8.8 trillion due to COVID-19: ADB

Global economy could witness losses worth up to USD 8.8 trillion due to COVID-19: ADB

Of this, the impact on south Asian gross domestic product (GDP) will be to the tune of USD 142-218 billion.

ADB to invest $100 mn in Indian infrastructure sector via NIIF

ADB to invest $100 mn in Indian infrastructure sector via NIIF

Multilateral institution Asian Development Bank (ADB) on Monday announced a USD 100 million funding for the Indian infrastructure sector ...Read More

ADB approves USD 1billion emergency loan for Pakistan

ADB approves USD 1billion emergency loan for Pakistan

The quick dispersing loan is part of a multi-donor economic reform programme spearheaded by the International Monetary Fund

Economic Slowdown: Moody's cuts India’s FY'20 GDP growth forecast to 5.8%

Economic Slowdown: Moody's cuts India’s FY'20 GDP growth forecast to 5.8%

New Delhi: Moody's Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earl...Read More

Asia's economic outlook dims as trade and investment weaken: ADB

Asia's economic outlook dims as trade and investment weaken: ADB

Tokyo [Japan]: Economic growth in developing Asia remains robust but prospects have further dimmed and risks to the region's economies ar...Read More

ADB sharply cuts India's GDP growth forecast to 6.5 pc for FY20

ADB sharply cuts India's GDP growth forecast to 6.5 pc for FY20

"India's growth forecast for fiscal year 2019 (FY20) is lowered to 6.5 per cent after growth slowed markedly to 5 per cent in the first...Read More

ADB to provide USD 200 million to upgrade Maharashtra rural roads

ADB to provide USD 200 million to upgrade Maharashtra rural roads

Mumbai: The Asian Development Bank (ADB) will provide $200 million (about Rs1,400 crore) to upgrade rural roads to all-weather standards ...Read More

ADB has approved a $500 million loan for budgetary support to Pakistan

ADB has approved a $500 million loan for budgetary support to Pakistan

The loan approval was pegged with introduction of a new legislation and approval of e-commerce policy by the federal cabinet

India is the biggest recipient of funds from ADB for 2018

India is the biggest recipient of funds from ADB for 2018

Nadi (Fiji): India was the biggest recipient of funds from Asian Development Bank last year and would continue to get sovereign loans in ...Read More

India fastest growing economy in Asia; on track to meet FY18 target: ADB

India fastest growing economy in Asia; on track to meet FY18 target: ADB

New Delhi: Led by India, South Asia will continue to be the fastest growing economic area despite new trade tensions in Asia and Pacific ...Read More

India uses AIIB to diversify its funding sources

India uses AIIB to diversify its funding sources

India has already begun diversifying its funding sources by looking for more financial support from the three year old Asia Infrastructur...Read More

Asian Development Bank projects India’s economic growth to pick up to 7.3% this fiscal, 7.6% in next

Asian Development Bank projects India’s economic growth to pick up to 7.3% this fiscal, 7.6% in next

New Delhi: India’s economic growth is expected to rebound to 7.3 per cent this fiscal and further to 7.6 per cent in 2019-20 with increas...Read More

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