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Asian Development Bank

China led AIIB could overtake ADB as major financier of infra projects:Experts

With China continuing its financial assertiveness across the globe through its various infrastructure projects like the One Belt One Road (OBOR) strategic initiative, the AIIB funding is the logical next step for them, the experts opined.

Jun 13, 2019, 18:06 PM IST

India set to grow at 7.2% this fiscal on rising consumption: ADB

India is expected to rebound to 7.2 percent in 2019 and 7.3 percent in 2020.

Apr 03, 2019, 09:48 AM IST

Sri Lankan President signs 3 loan agreements with Asian Development Bank

Sirisena signed the agreements during his first tour to the ADB headquarters while conducting a five-day state visit to the Philippines.

Jan 17, 2019, 16:05 PM IST

ADB to scale up India lending to $4.5 bn in 2019

ADB committed USD 3.03 billion in sovereign loans to India in 2018, the highest ever annual lending commitment, he said, adding that USD 557 million loan was for the private sector.

Jan 11, 2019, 18:02 PM IST

ADB signs $31 million loan agreement with government to develop tourism, boost jobs in Tamil Nadu

The activities under the project would also boost economic opportunities for the local people.

Dec 12, 2018, 11:31 AM IST

ADB retains Indian growth forecast at 7.3% for FY19

India is maintaining growth momentum on rebounding exports and higher industrial and agricultural output, ADB said in its Asian Development Bank Outlook Supplement.

Dec 12, 2018, 10:45 AM IST

ADB to lend $75 million for 24-hour water supply in Karnataka towns

The project finances would be used to, among others, augment water treatment production capacity by about 16 millions liters per day.

Nov 27, 2018, 20:56 PM IST

Ahead of China, India to remain fastest growing economy in FY19 and FY20: ADB

India will continue to be the world's fastest-growing major economy, ahead of China, with 7.3 percent growth rate in 2018-19 and 7.6 percent in 2019-20, the Asian Development Bank (ADB) said today.

Jul 19, 2018, 22:46 PM IST

India to grow 7.3% this fiscal, 7.6% in next: ADB

The ADB's growth projection of 7.3 percent this fiscal is in line with that of rating agency Fitch, but a tad lower than RBI's forecast of 7.4 percent.

Apr 11, 2018, 09:27 AM IST

Assam keen to start flights to ASEAN countries, says CM Sonowal

He also urged ASEAN countries to set up consulates in Guwahati, besides boosting economic ties.

Feb 04, 2018, 21:09 PM IST

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

ADB, IndusInd Bank partner to provide finance to women borrowers

The seven-year senior loan will go toward IndusInd Bank`s microfinance activities.

Sep 15, 2017, 19:04 PM IST

Natural calamities in Asia, Pacific threat to infra: ADB

Asia and Pacific countries, including India, Sri Lanka and Bangladesh, need to thwart challenges posed by natural calamities that have been taking toll on their infrastructure, ADB has said.

Jun 18, 2017, 12:39 PM IST

Jaitley invites Japanese firms to manufacture in India

Finance Minister Arun Jaitley has invited Japanese companies to set up manufacturing facilities in India to produce `rolling stock` for Metro rail projects.

May 07, 2017, 16:31 PM IST

Give primacy to views of developing nations: FM Jaitley to ADB

Finance Minister Arun Jaitley on Sunday asked Asian Development Bank (ADB) to ensure primacy is accorded to views of developing countries in operations of the multilateral lending agency.

May 07, 2017, 12:40 PM IST

Arun Jaitley, Pakistan counterpart lock horns over China's 'One Belt, One Road' proposal

Indian Finance Minister Arun Jaitley and his Pakistan counterpart Ishaq Dar exchanged cold vibes over China's 'One Belt, One Road'(OBOR) proposal during a round table discussion on Asia's economic outlook organized by the Asian Development Bank.

May 07, 2017, 00:24 AM IST

Jaitley rules out any surprise in GST rates on roll-out

Finance Minister Arun Jaitley ruled out any surprises in the tax rates in the Goods and Services Tax (GST) that is proposed to be rolled out on July 1 and also asserted that there will be no cascading in goods and commodities, which can even see tax rates coming down a little.

May 06, 2017, 21:34 PM IST

Protectionism can blunt US firms' efficiency, says Jaitley

While the global economy impacted India, the country's large market and domestic demand kept its economy going, helping it clock 7.5 percent plus growth even during global slowdown.

May 06, 2017, 20:13 PM 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

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