July 20, 2021 11:03 am
On South Asia, ADB said the economic outlook for the subregion is dampened by new waves of COVID-19 hitting the subregion from March to June 2021.
April 28, 2021 11:30 am
However, the Asian Development Bank (ADB) cautioned that the surge in COVID-19 cases may put the country's economic recovery at risk.
September 15, 2020 12:52 pm
In its Asian Development Outlook (ADO) 2020 Update, ADB forecasts a strong recovery for the economy in FY2021, with gross domestic product (GDP) growing by 8 per cent as mobility and business activities resume more widely.
September 09, 2020 12:41 am
This is the first tranche of a total $1 billion facility, which will support construction of the first of three priority rail corridors planned under the NCR Regional Plan 2021 to connect Delhi to other cities in adjoining states.
August 31, 2020 9:49 am
Much of this funding is being frontloaded for disbursal in the current year as an emergency response to the impact of the pandemic; some of the loan will likely come in 2021-22, government sources said.
April 10, 2020 2:00 pm
Weakening global economic growth is causing disruptions in India's trade and manufacturing supply chains, along with the slowdown in tourism and other economic activities.
April 03, 2020 11:57 am
A shorter containment period could limit the damage to $2 trillion, or 2.3 per cent of world output, the Manila-based lender said in its Asian Development Outlook report released Friday.
March 30, 2020 11:33 am
The investment announcement comes at a critical time for India, as the already sagging economic growth is feared to be taking a heavy hit due to the coronavirus pandemic.
January 19, 2020 6:57 am
The Community-Based tourism project is the brainchild of Ankit Sood, 46, a former professor of tourism at the government college in Kullu who first pitched the idea to a visiting team from the Bank.
December 11, 2019 12:41 pm
ADB said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.