Tag: ADB
17 Results
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ADB: China’s economy to stay resilient
There is a combination of issues that many countries in developing Asia are facing but we do see the Chinese government responding quite strongly to some of these headwinds through a combination of fiscal and monetary policy measures," said Safdar Parvez, advisor at the East Asia Department of the ADB, during a virtual media briefing.
September 30, 2022 -
ADB to provide $14 billion to ease food crisis in Asia-Pacific
Last week, the ADB revised down its growth forecast from 5.2 percent to 4.3 percent for 2022 and 5.3 percent to 4.9 percent for 2023 for developing economies in the Asia-Pacific region.
September 28, 2022 -
ADB pledges USD 14 billion for food security in Asia and Pacific by 2025
The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.
September 28, 2022 -
ADB cuts India’s GDP growth forecast to 7% on higher inflation and monetary tightening
The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
September 21, 2022 -
ADB financing to support urban development in Nagaland
The PRF loan will help design water supply, sanitation, solid waste management and urban roads in 16 DTHs with climate-resilient features and improved access to the poor and vulnerable.
April 13, 2022 -
HP to develop lesser known tourist spots with ADB infra fund: Jai Ram
Addressing a public meeting at Chhota Bhangal in Baijnath area of Kangra district, Thakur said Barot area has immense tourism potential and if explored properly it could emerge as one of the most popular destinations for the tourists.
December 6, 2021 -
Centre grants in-principle approval for Rs 2095 crore ADB tourism project for HP
Informing about this, Chief Minister Jai Ram Thakur said the state government has succeeded in getting in-principle approval of Rs 2095 crore in ADB infrastructure development project for the state.
December 1, 2021 -
ADB approves $250 million loan to support India’s National Industrial Corridor Development Program
The government has launched the “Skill India” and “Digital India” programs to attract the youth and create high-value jobs in the manufacturing industry.
November 2, 2021 -
India, ADB sign $500 mn loan to expand Bengaluru metro network
The project will construct two new metro lines, mostly elevated, along Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport with 30 stations.
August 24, 2021 -
ADB expects India’s economy to contract 9% in 2020-21; Projects recovery in next fiscal
The ADB expects that the inflation to fall in the remainder of FY2020 to 4.5 per cent with tamed food prices and decreased economic activity.
September 15, 2020 -
ADB forecasts developing Asian economies in recession in ’20
The report said that China, where the pandemic began, has already begun to recover and will see its economy grow 1.8% this year and 7.7% in 2021.
September 15, 2020 -
ADB, India sign $177 million loan to upgrade roads in Maharashtra
The project will also focus on training the Maharashtra Public Works Department project staff to build their capacity in climate change adaptation and disaster-resilient features in road design, road maintenance planning and road safety.
May 28, 2020 -
ADB approves $1.5 billion loan to India to support its fight against COVID-19 crisis
The loan amount will focus on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups.
April 28, 2020 -
ADB to give Rs 1,540 cr for Tripura power projects
Tripura State Electricity Corporation Limited (TSECL) Chairman and Managing Director Murhari Sopanrao Kele said the ADB would provide 80 per cent of the Rs 1,925 crore ($275 million) Tripura power generation upgradation and distribution reliability improvement projects.
July 18, 2019 -
ADB cuts India’s GDP growth forecast to 7 per cent for FY20
Overall, the South Asian outlook remains robust, with growth projected at 6.6% in 2019 and 6.7% in 2020.
July 18, 2019 -
India fastest growing economy in Asia; on track to meet FY18 target: ADB
The ADO published in April said that India's economic growth will rise to 7.3 per cent this fiscal and further to 7.6 per cent in the next financial year
July 19, 2018 -
ADB projects 7.4pc growth for India in 2017
The Asian Development Bank on Thursday predicted Asia's economy to expand faster in 2017; South Asia to remain the fastest growing of all sub-regions and India to achieve a 7.4 per cent growth due to strong consumption. In its latest report, the ADB projected a 5.9 per cent growth for the developing Asian economy riding …
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July 20, 2017