Asian Development Bank
Asian Development Bank News
Nirmala Sitharaman holds bilateral meeting with Korean FM, highlights investment opportunities in India
Sitharaman met Choo Kyung-ho, Deputy PM & Minister of Economy and Finance, South Korea, on the sidelines of 56th ADB Annual Meeting in Incheon
Finance Minister Nirmala Sitharaman in South Korea to attend ADB annual meeting
She is leading an Indian delegation to attend the 56th Annual General Meeting of the Board of Governors of the Asian Development Bank (ADB) along with Investor/ Bilateral and other associated meetings in Incheon from May 2-5
Government repays IL&FS loans to fulfil commitment: Report
In order to meet its commitments as guarantors, on 30 June 2022, the government made payments totalling Rs 1,109 crore to ADB and Rs 29 crore to KfW
Economic activity still below pre-pandemic level; RBI to slow down on rate hikes till next year: Asian Development Bank
The Manila-based multilateral funding agency has raised the inflation forecast for the current fiscal year ending in March 2023 to 6.7 per cent from its earlier projection of 5.8 per cent
Is Pakistan next? Country faces serious economic crisis amid fast-depleting forex reserves
The country's external debt servicing rose to $10.886 billion in the first three quarters of 2021-22 compared to $13.38 billion in the entire FY21
World Bank rules out bridge financing or new loan commitments to crisis-hit Sri Lanka
The World Bank said that they are reshuffling the already allocated resources to provide essential medicines and other cash assistance to the vulnerable
Asian Development Bank pegs India's economic growth at 7.5% for 2022-23
Large public infrastructure investments planned over the next two years will encourage more private investment
India takes bold steps to revive BIMSTEC, ball now with other members to take it forward
Confidence building and funding should not be only at Indian initiatives. The next steps must be to move from oft-expressed aspirations to small achievements
Pakistan does have a debt problem but it's not because of China, says planning minister Asad Umar
He was responding to a report by a US-based think tank, which alleged that Pakistan's debt was rising to a dangerous level because of CPEC
Online platform SPIN to usher India's rooftop solar programme onto fast track
The programme will be implemented with the total central financial support of Rs 11,814 crore
Significant progress on FATF's first action plan: US on Pakistan's grey list status for terror financing
The global body against money laundering and terror financing had also asked Pakistan to work to address its strategically important deficiencies
Explained: As G7 plans Build Back Better World, here's how much China has spent on Belt And Road Initiative
Compared to the post-World War domination that the US achieved, China may appear relatively new to the game. But the dragon has already made big strides; it is the US that may appear like it needs to play catch-up
Growing convergence between India, G7 on China threat makes Cornwall meet crucial for New Delhi
The references to China, direct and indirect, at the G7 Summit are helpful from India’s point of view in taking cognisance of the mounting Chinese threat with which the country is now confronted more openly and durably
In Bangladesh, abuse of Madhupur's indigenous people persists amidst government's 'social forestry' programmes
The Garos of Madhupur Sal forest have been struggling for the right to access the forest since 1962, when the Madhupur forest was declared a national park by the Pakistan government, which then administered the land.
Ex-finance secretary Rajiv Kumar assumes charge as election commissioner, replaces Ashok Lavasa
Kumar, a retired 1984-batch IAS officer of the Jharkhand cadre, will have a five-year tenure and retire in 2025. He will preside over the next Lok Sabha polls in 2024
Ashok Lavasa resigns as Election Commissioner, set to join ADB as vice-president
Lavasa joined as Election Commissioner in January 2018 and had more than two more years left in his tenure
Asian Development Bank provides $3 mn grant to India to combat COVID-19 pandemic
The grant will be used to procure thermal scanners and essential commodities to strengthen India's COVID-19 response, said the funding agency
Asian Development Bank appoints Election Commissioner Ashok Lavasa as vice-president
Lavasa will succeed Diwakar Gupta as vice-president for private sector operations and public-private partnerships of the bank
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
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