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Friday, Oct 07, 2022

Asian Development Bank

ASIAN DEVELOPMENT BANK NEWS

Bangladesh faces power blackout after national grid fails

October 04, 2022 6:09 pm

Bangladesh's recent impressive economic growth has been threatened by power shortages since the government suspended operations of all diesel-run power plants to reduce costs for imports as prices have soared.

ADB cuts India's GDP growth forecast for FY23 to 7% on high inflation, monetary tightening

September 21, 2022 11:20 am

India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its flagship ADO report on Wednesday.

ADB projects India's economy to grow by 7.5% in FY23; to pick-up to 8% next fiscal

April 06, 2022 9:56 am

"Economies in developing Asia are starting to find their footing as they slowly emerge from the worst of the Covid-19 pandemic," said ADB Chief Economist Albert Park.

Boost for school learning: ADB nod to $500-million loan

December 03, 2021 4:45 am

🔴 About 1,800 government schools will be transformed into exemplar schools in Assam, Gujarat, Jharkhand, Tamil Nadu, and Uttarakhand

For 66.7 crore jabs, ADB greenlights $1.5-billion loan

November 26, 2021 1:48 am

The loan from ADB will fund at least 66.7 crore Covid-19 vaccine doses for an estimated 31.7 crore people.

Mumbai: BJP-backed lawyer files complaint against comedian Vir Das for ‘defaming’ India, Modi

November 17, 2021 2:13 pm

Citing the video as “venomous and inflammatory”, the lawyer, Ashutosh Dubey, wrote an email to the Mumbai Police Commissioner seeking registration of an FIR against Das.

ADB lowers India's economic growth forecast for this fiscal to 10 per cent

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.

India's GDP to grow at 11% this fiscal, surge in COVID cases may put economic recovery at risk: ADB

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.

Indian economy to shrink 9% in FY21, says ADB

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.

ADB, govt ink $500-mn loan pact for Delhi-Meerut corridor

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.

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