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ADB to grant loan of Rs 1200 cr for reconstruction of Uttarakhand

Last Updated: Wednesday, February 05, 2014, 21:14

The ADB will grant a loan of Rs 1,200 crore to Uttarakhand government for the reconstruction of damaged infrastructure in disaster-hit areas of the state.

ADB to lend $176 mn for Jaipur's metro expansion

Last Updated: Wednesday, December 18, 2013, 16:17

Asian Development Bank (ADB) today said it will lend USD 176 million for the expansion of the metro line in Jaipur.

ADB to give $150 mn loan to Petronet

Last Updated: Tuesday, December 17, 2013, 19:19

Petronet, the nation's largest importer of gas in its liquid form (liquefied natural gas or LNG), is expanding its 10 million tonne per annum Dahej terminal to 15 million tonnes at an estimated cost of about Rs 2,950 crore by end 2016.

ADB sees India growing 4.7 percent in 2013

Last Updated: Wednesday, December 11, 2013, 08:49

The Asian Development Bank (ADB) on Wednesday kept its growth forecast for India at 4.7 percent for this year, and sees the country growing at 5.7 percent in 2014.

Climate change to cause economic losses to Pacific countries

Last Updated: Tuesday, November 26, 2013, 21:03

Climate change could cause countries in the Pacific region to lose as much as 12.7 percent of their gross domestic product (GDP), the Asian Development Bank (ADB) said Tuesday.

ADB to provide $10 bn assistance to India over 5 years

Last Updated: Wednesday, November 06, 2013, 15:29

Multilateral lending agency Asian Development Bank (ADB) will provide loan of USD 2 billion annually for five years till 2017 to India to create jobs, enhance investment reforms, and improve infrastructure.

East Asian giants must work together on climate change: ADB

Last Updated: Wednesday, October 23, 2013, 21:36

The Asian Development Bank on Wednesday called on China and Japan to band together in fighting the disastrous effects of climate change, despite their diplomatic hostilities.

Developing Asia can weather Fed's tapering, says ADB

Last Updated: Wednesday, October 02, 2013, 15:53

The bank said developing Asia's current account surplus is expected to narrow to 1.6 percent of GDP in both 2013 and 2014 from 1.8 percent last year.

ADB cuts Asia growth forecasts as India, China slow

Last Updated: Wednesday, October 02, 2013, 12:46

India is seen growing 4.7 percent this year, compared with six percent forecast previously, with the ADB blaming a depreciation in the rupee -- it hit a record low against the dollar last month.

ADB to provide $100 mn loan to improve education in Meghalaya

Last Updated: Tuesday, October 01, 2013, 17:18

The project to support human capital development will be it's first loan in India to boost education and skills.

ADB to lend India $500 million for renewable energy project

Last Updated: Friday, September 27, 2013, 13:56

The loans from the Manila-based bank come at a time when India is looking to boost dollar inflows to prop up the sagging rupee.

ADB's $400 mn loan to improve water, sanitation in Kolkata

Last Updated: Thursday, September 26, 2013, 15:02

Multilateral funding agency ADB will provide USD 400 million loan to improve water and sanitation system in peripheral areas in Kolkata.