Asian Development-bank

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Asian Development-bank - Total results - 106
India's economy wasn't hit as hard as anticipated; scope to boost farm employment: veteran banker KV Kamath tells Network18
India

India's economy wasn't hit as hard as anticipated; scope to boost farm employment: veteran banker KV Kamath tells Network18

Indicating there is a big scope for enhancing farm employment, KV Kamath said that agriculture has come back very quickly and rural India has been less affected by the challenges presented by the COVID-19 pandemic.

ADB approves $177 mn loan to upgrade 450 km of state highways, major district roads in Maharashtra
Business

ADB approves $177 mn loan to upgrade 450 km of state highways, major district roads in Maharashtra

The Asian Development Bank (ADB) on Thursday signed a $177 million loan to upgrade 450 km of state highways and major district roads in Maharashtra

Coronavirus pandemic could inflict up to $8.8 trillion losses in global economy, says ADB
Business

Coronavirus pandemic could inflict up to $8.8 trillion losses in global economy, says ADB

The global economy is expected to suffer USD 5.8-8.8 trillion in losses due to the coronavirus pandemic, Asian Development Bank (ADB) said on Friday

Asian Development Bank gives over Rs 2,600 cr loan for power sector in rural Maharashtra
Business

Asian Development Bank gives over Rs 2,600 cr loan for power sector in rural Maharashtra

The Asian Development Bank (ADB) on Wednesday said it has approved a $346 million (around Rs 2,616 crore) loan to the Indian government to provide reliable power connection in rural areas of Maharashtra

Coronavirus Outbreak: ADB approves $1.5 bn loan to India to fight COVID-19 pandemic
Business

Coronavirus Outbreak: ADB approves $1.5 bn loan to India to fight COVID-19 pandemic

The Asian Development Bank (ADB) on Tuesday said it has approved $1.5 billion loan to India to help fund its fight against coronavirus pandemic

Stock Markets Today Latest Updates: Sensex plunges over 450 points, Nifty below 9,000-mark at close; realty, auto, bank index decline
Business

Stock Markets Today Latest Updates: Sensex plunges over 450 points, Nifty below 9,000-mark at close; realty, auto, bank index decline

Stock Markets Today LIVE Updates: Sensex down over 600 points, Nifty down 185 points; Rupee slips 8 paise against dollar

Coronavirus Outbreak: ADB expects India's economic growth to slow down to 4% in FY21
Business

Coronavirus Outbreak: ADB expects India's economic growth to slow down to 4% in FY21

India's economic growth is likely to slow down to 4 percent this fiscal on the back of the current global health emergency, Asian Development Bank said in its outlook for the financial year 2020-21 on Friday

ADB to invest $100 million in Indian infrastructure sector via government-promoted NIIF
Business

ADB to invest $100 million in Indian infrastructure sector via government-promoted NIIF

Multilateral institution Asian Development Bank (ADB) on Monday announced a $100 million funding for the Indian infrastructure sector through the government-promoted NIIF

Coronavirus pandemic: ADB announces $6.5 billion package for developing member countries
Business

Coronavirus pandemic: ADB announces $6.5 billion package for developing member countries

The Asian Development Bank (ADB) on Wednesday announced a $6.5 billion package for its developing member countries to fight the coronavirus pandemic

ADB to give $200 mn to companies manufacturing products to combat coronavirus
Business

ADB to give $200 mn to companies manufacturing products to combat coronavirus

The Asian Development Bank (ADB) on Thursday said it will provide $200 million (about Rs 1,480 crore) to companies manufacturing and distributing medicines, and other items needed to combat the novel coronavirus (COVID-19)

ADB trims India's GDP growth forecast to 5.1% in current fiscal; says consumption affected by slow job growth, rural distress
Business

ADB trims India's GDP growth forecast to 5.1% in current fiscal; says consumption affected by slow job growth, rural distress

The Asian Development Bank (ADB) on Wednesday trimmed its forecast for India's economic growth in 2019-20 to 5.1 percent saying consumption was affected by slow job growth and rural distress aggravated by poor harvest

Pakistan's ailing economy gets $1.3-billion infusion from Asian Development Bank; loan comes after Moody's upgrades country's outlook
World

Pakistan's ailing economy gets $1.3-billion infusion from Asian Development Bank; loan comes after Moody's upgrades country's outlook

The ADB loan comes just days after financial service company Moody's changed Pakistan's outlook from negative to stable.

ADB sharply cuts India's GDP growth forecast to 6.5% for FY20, citing decline in manufacturing, investment
Business

ADB sharply cuts India's GDP growth forecast to 6.5% for FY20, citing decline in manufacturing, investment

The Asian Development Bank on Wednesday sharply cut India's growth forecast to 6.5 percent for the current fiscal, weighed down by the GDP growth rate dipping to a six-year low in the first quarter

ADB president Takehiko Nakao resigns, to continue in office till January next year
Business

ADB president Takehiko Nakao resigns, to continue in office till January next year

Asian Development Bank (ADB) on Tuesday said its President Takehiko Nakao has announced his resignation which will be effective from 16 January next year

Asian Development Bank pledges $12 bn to govt's initiatives like piped water, road safety over next 3 years
Business

Asian Development Bank pledges $12 bn to govt's initiatives like piped water, road safety over next 3 years

The Asian Development Bank (ADB) on Thursday committed $12 billion to the government’s new flagship initiatives like piped water for all and road safety over the next three years, the multilateral bank said after its President Takehiko Nakao met Prime Minister Narendra Modi in Delhi

ADB cuts India's GDP growth forecast to 7% for FY20; retains fastest growing major economy tag
Business

ADB cuts India's GDP growth forecast to 7% for FY20; retains fastest growing major economy tag

Asian Development Bank (ADB) on Thursday lowered the growth forecast for India from 7.2 to 7 percent for the current fiscal, due to moderation in growth prospects for the advanced economies which could adversely affect tradable services

Asian Development Bank cuts India's GDP growth forecast to 7%
Business

Asian Development Bank cuts India's GDP growth forecast to 7%

Earlier in April this year too, Asian Development Bank had lowered India's growth forecast for FY20 to 7.2% from 7.6% estimated previously

Arunachal Pradesh CM Pema Khandu hints at China's role in blocking foreign funds for flood protection schemes in northeastern state
India

Arunachal Pradesh CM Pema Khandu hints at China's role in blocking foreign funds for flood protection schemes in northeastern state

Pema Khandu claimed the proposed funding for flood protection measures in the border state was being withdrawn due to objections by a "neighbour".

Pakistan's IMF bailout to attract additional $38 billion from lenders, says Prime Minister's Advisor on Finance Abdul Hafeez Shaikh
World

Pakistan's IMF bailout to attract additional $38 billion from lenders, says Prime Minister's Advisor on Finance Abdul Hafeez Shaikh

The International Monetary Fund's (IMF) decision to provide a 6 billion dollars bailout package to Pakistan has improved the cash-strapped country's standing and it would attract 38 billion more from other lenders

New credit scheme for small, medium enterprises to encourage job creation; special focus on tribals, agri-related activities: Nitin Gadkari
Business

New credit scheme for small, medium enterprises to encourage job creation; special focus on tribals, agri-related activities: Nitin Gadkari

He said the portal is helpful as it integrates the income tax, GST and bank accounts of those seeking loans that lend credibility to the credit giving system.