Asian Development Bank: News
Asian Development Bank pledges $10B investment for India's growth
The Asian Development Bank (ADB) has announced a massive investment plan of up to $10 billion for the transformation of urban areas in India.
India asks IMF, others to review Pakistan funding
India will raise its concerns over Pakistan's funding with all multilateral development banks (MDBs), including the International Monetary Fund (IMF), World Bank, and the Asian Development Bank (ADB), a senior government official said.
India's economy will contract at slower pace of 8%: ADB
The Indian economy will contract at a slower pace in FY21, the Asian Development Bank (ADB) predicted on Thursday. Revising India's growth for the aforementioned period, the bank said the economy will contract by 8%, a minimal improvement from the earlier de-growth estimate of 9%.
It's depressing: Pakistan's Chief Justice on World Cup loss, economy
After Indian cricket team thrashed Pakistan to register an important win in the ongoing World Cup tournament, social media was abuzz with reactions.
India's economy continues on robust growth path: Asian Development Bank
India's economy continues on a robust growth path, the Asian Development Bank (ADB) said today while maintaining the growth forecast for the current fiscal at 7.3%.
Govt trying to start 5 river inter-linking projects in FY19
The government is trying to start work on five river inter-linking projects in the current fiscal and secure financial assistance from World Bank and Asian Development Bank for the Rs. 2 lakh crore project, Union Minister Nitin Gadkari said.
India fastest growing economy; on track to meet FY18-target: ADB
South Asia continues to be the fastest growing sub-region, led by India, whose economy is on track to meet the fiscal year 2018 projected growth of 7.3% and further accelerating to 7.6% in 2019, as measures taken to strengthen the banking system and tax reform boost investment, Asian Development Bank (ADB) said.
India's projected growth rate to double economy in 10 years
India's projected GDP growth of over 7% for the current fiscal is "amazingly fast" and if this momentum is maintained the size of the economy can double within a decade, Asian Development Bank (ADB) Chief Economist Yasuyuki Sawada said.
India to grow 7.3% this fiscal, 7.6% in next: ADB
India's economic growth is expected to rebound to 7.3% this fiscal and further to 7.6% in 2019-20 with increased productivity post-GST and investment revival due to banking reform said the Asian Development Bank (ADB).
Pakistan says no to Chinese funding on PoK dam
Pakistan occupies a central place in China's schemes for its One-belt One-road (OBOR) initiative.
China to fund Pakistan's dam in PoK under CPEC
Radio Pakistan revealed that China has offered to fund the construction of Diamer-Bhasha dam on the Indus basin in Gilgit-Baltistan under the China Pakistan Economic Corridor.
Asian Development Bank declines funding for Pakistan dam
Asian Development Bank (ADB) has refused to provide funding for Pakistan's $14 billion Diamer-Bhasha dam project on Indus river located in Pakistan-Occupied-Kashmir (PoK).