ADB

ADB lowers India's GDP forecast for FY-18 to 6.7%

ADB lowers India's GDP forecast for FY-18 to 6.7%

India rebounded to 6.3 percent growth in the second quarter ended in September for this fiscal.

Dec 13, 2017, 08:50 AM IST
Scope for RBI rate cut; fiscal stimulus 'less likely': ADB

Scope for RBI rate cut; fiscal stimulus 'less likely': ADB

The committee is scheduled to come out with next bi-monthly monetary policy decision on October 4.

Sep 26, 2017, 18:26 PM IST
ADB trims India growth forecast to 7% for current year

ADB trims India growth forecast to 7% for current year

Developing Asia is expected to grow by 5.9 and 5.8 percent in 2017 and 2018, respectively, the Manila-based lender said.

Sep 26, 2017, 11:37 AM IST
India on track to grow at 7.4% in 2017: ADB report

India on track to grow at 7.4% in 2017: ADB report

India is expected to achieve the projected growth rate of 7.4 percent in 2017 and further up 7.6 percent next year on strong consumption demand, with South Asia leading the growth chart in Asia and the Pacific, an ADB supplement report said on Thursday.

Jul 20, 2017, 11:18 AM IST

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.

May 04, 2017, 12:55 PM IST
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.

Apr 25, 2017, 18:15 PM IST
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.

Apr 06, 2017, 12:06 PM IST

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.

Nov 08, 2016, 14:29 PM IST
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.

Sep 18, 2016, 19:22 PM IST

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.

Jul 18, 2016, 21:30 PM IST
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.

Jul 18, 2016, 08:54 AM IST
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.

May 02, 2016, 23:00 PM IST
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.

Apr 08, 2016, 17:57 PM IST
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.

 

Mar 30, 2016, 15:36 PM IST
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.

Mar 30, 2016, 12:22 PM IST
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.

Mar 14, 2016, 16:20 PM IST

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.

Dec 10, 2015, 15:01 PM IST
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.

Dec 03, 2015, 22:33 PM IST
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.

Sep 26, 2015, 18:33 PM IST

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.

Jul 16, 2015, 17:33 PM IST