close
This ad will auto close in 10 seconds

ADB

Indian market should be more deregulated, FDI friendly: ADB

The Asian Development Bank (ADB) today lauded Prime Minister Narendra Modi's effort of integrating indirect taxes through the GST, even as it wants the Indian market to be more "deregulated" and FDI friendly to realise the true potential.

ADB lending hits record high

ADB lending hits record high

The Asian Development Bank (ADB) operations exceeded the $30 billion mark for the first time in its 50-year history as regional demand for development finance and knowledge continues to grow, a report said on Tuesday.

India's growth to accelerate to 7.4% in 2017-18: ADB

India's growth to accelerate to 7.4% in 2017-18: ADB

The Asian Development Bank (ADB) on Thursday said that India's growth rate will improve to 7.4 percent during 2017-18 and go up further to 7.6 percent in the next fiscal, remaining ahead of China.

ADB's to provide $48 mn loan to help Assam improve power distribution

Asian Development Bank will provide the second tranche loan of USD 48 million to Assam to help the state expanding and upgrading its power distribution system.

Highway across nations: India approves $1 billion connectivity project

Highway across nations: India approves $1 billion connectivity project

India has approved an ambitious $1.04-billion project for constructing and upgrading 558 km of roads to link it with Bangladesh, Bhutan and Nepal and ease the movement of passengers and cargo, as part of the larger effort to increase intra-regional trade by 60 per cent.

ADB says developing Asian economies to grow 5.6% in 2016

The Manila-based lender's report said the growth forecast for 2017 of 5.7 percent made in March remains unchanged.

ADB trims developing Asia growth forecast; India on track

ADB trims developing Asia growth forecast; India on track

ADB on Monday marginally cut economic growth projection for Asia and Pacific region for 2016, though India is likely to meet 7.4 percent and 7.8 percent growth forecast for this and the following year.

Strong Indian growth to push up Asian economy to 5.7%: ADB

Strong Indian growth to push up Asian economy to 5.7%: ADB

Asian Development Bank (ADB) President Takehiko Nakao today said strong GDP expansion in some of the countries, including India, is expected to push up Asia's economic growth rate to 5.7 percent in 2016.

TAPI project: Pact inked for $200 million investment in studies

TAPI project: Pact inked for $200 million investment in studies

Shareholders of the Turkmenistan- Afghanistan-Pakistan-India (TAPI) Pipeline Company Limited on Saturday signed an agreement to invest USD 200 million in studies and engineering for the USD 10 billion project to transport natural gas to energy-hungry countries like India.

China overcapacity darkens Asia's 2016 growth prospects: ADB

China overcapacity darkens Asia's 2016 growth prospects: ADB

Huge industrial overcapacity in China will drag on both the country`s and the region`s growth this year, the Asian Development Bank said Wednesday, cutting its forecast for the world`s second-largest economy.

 

ADB cuts India's growth forecast to 7.4% for 2016-17

ADB cuts India's growth forecast to 7.4% for 2016-17

The Asian Development Bank's (ADB) growth forecast of 7.4 percent for 2016-17 is substantially lower than its earlier projection of 7.8 percent.

GST will integrate Indian economy, help attract FDI: ADB

GST will integrate Indian economy, help attract FDI: ADB

ADB president Takehiko Nakao has pitched for roll out of the Goods and Services Tax saying that its introduction will integrate India as "truly one single economy" and help attract more foreign investments.

ADB to lend $1 bn to Power Grid Corp

Multilateral lending agency Asian Development Bank will provide $1 billion loan to central transmission utility Power Grid Corp for renewable energy transmission and grid expansion in India.

China's economy to grow slightly faster than expected: ADB

China's economy to grow slightly faster than expected: ADB

China's economy will grow slightly faster than expected this year at 6.9 percent and its shift to fostering services and private consumption is helping to support regional growth, the Asian Development Bank said Thursday.

ADB to double annual climate financing to $6 billion

ADB to double annual climate financing to $6 billion

The Asian Development Bank is to double its annual lending for climate change adaptation to USD 6 billion by 2020, the Philippines-based lender said.

India to grow at 7.8%; land, tax reforms delay a risk: ADB

ADB on Thursday retained India's growth projection for the current fiscal at 7.8 percent, making it the fastest growing economy, but cautioned that delay in land and taxation reforms could hinder growth.

ADB pegs India's GDP at 7.8%, sees reforms delay as risks

ADB pegs India's GDP at 7.8%, sees reforms delay as risks

Indian economy grew 7.3 percent in 2014-15.

Asian Development Bank cuts Asia, China growth forecasts

Developing Asia is now expected to grow 6.1 percent and 6.2 percent this year and in 2016 against the ADB`s March forecast of 6.3 percent for both years.

ADB to increase India lending by 50% to $12 bn by 2018

Answering question on India's growth prospects, Nakao said the country's growth rate is expected to exceed that of China in this year.

ADB to give $300 mn loan to improve urban healthcare service

"The ADB has approved a USD 300 million loan to support India's NUHM ," an ADB statement said.