Asian Development Bank

Pakistan has highest living cost in all of Asia with 25% inflation rate: ADB report

The State Bank of Pakistan (SBP) and federal government had set the inflation target at 21 per cent for this fiscal year but they are going to miss it despite inflicting huge losses in the shape of a 22 per cent interest rate.

13 April 2024, 08:43 IST

Pakistan has highest living cost in all of Asia with 25% inflation rate: ADB report

13 April 2024, 08:43 IST

Govt, ADB ink $23 million loan pact to strengthen fintech ecosystem in India

As per the loan agreement, a fintech institute will be set up at GIFT City. The pact was signed by Finance Ministry Joint Secretary Juhi Mukherjee and Officer-in Charge of ADB’s India Resident Mission Rajesh Vasudevan.

14 March 2024, 14:44 IST

Govt, ADB ink $23 million loan pact to strengthen fintech ecosystem in India

14 March 2024, 14:44 IST

Asian Development Bank ups India's growth projection to 6.7% for FY24

The second quarter of FY24 saw higher-than-expected GDP growth of 7.6 per cent, causing growth in the first half (April-September) to expand by a strong 7.7 per cent.

14 December 2023, 09:19 IST

Asian Development Bank ups India's growth projection to 6.7% for FY24

14 December 2023, 09:19 IST

L&T Finance signs first financing pact with ADB for Rs 1,041 cr

At least 40 per cent of the proceeds are allocated for women borrowers, while the rest will support farmers, Micro, Small and Medium-sized Enterprises (MSMEs), as well as loans to purchase new two-wheeled vehicles.

23 November 2023, 13:42 IST

L&T Finance signs first financing pact with ADB for Rs 1,041 cr

23 November 2023, 13:42 IST

Asian Development Bank to study, support Bengal’s economic corridors projects

A stakeholder-consultation meeting, directed by Chief Minister Mamata Banerjee, took place on Friday. It was held by Chief Secretary HK Dwivedi, and had representation of key industries on the Industrial and Economic Corridor Project.

14 October 2023, 16:28 IST

Asian Development Bank to study, support Bengal’s economic corridors projects

14 October 2023, 16:28 IST

ADB says Pakistan's adherence to economic adjustment programme key for growth recovery

The report said that gross domestic product (GDP) growth was projected to reach a moderate 1.9 per cent in FY2024, with price pressures remaining elevated.

20 September 2023, 10:00 IST

ADB says Pakistan's adherence to economic adjustment programme key for growth recovery

20 September 2023, 10:00 IST

ADB retains India's growth forecast at 6.4% for FY24

The Indian economy grew 7.2% in the 2022-23 fiscal ended March 2023.

19 July 2023, 08:52 IST

ADB retains India's growth forecast at 6.4% for current fiscal

ADB retains India's growth forecast at 6.4% for FY24

19 July 2023, 08:52 IST

Debt-ridden Sri Lanka gets $350 mn loan boost from ADB

The programme is part of a broader package of financial assistance anchored by the IMF

29 May 2023, 09:17 IST

Debt-ridden Sri Lanka gets $350 mn loan boost from Asian Development Bank

Debt-ridden Sri Lanka gets $350 mn loan boost from ADB

29 May 2023, 09:17 IST

Need robust ADB for resilient regional development: FM

Climate finance can have a huge positive impact on the region and beyond as it will lead to reduction of carbon emission, she said

04 May 2023, 08:43 IST

Need robust ADB that adopts transformational approach for regional development, says FM Sitharaman

Need robust ADB for resilient regional development: FM

04 May 2023, 08:43 IST

ADB mulling fresh issuance of rupee-denominated bonds

Raising funds in local currency reduces forex volatility, ADB president Masatsugu Asakawa said on April 2

02 May 2023, 10:26 IST

ADB may look at fresh issuance of rupee-denominated bonds

ADB mulling fresh issuance of rupee-denominated bonds

02 May 2023, 10:26 IST