Asian Development Bank: News

10 Dec 2020

India

India's economy will contract at slower pace of 8%: ADB

The Indian economy will contract at a slower pace in FY21, the Asian Development Bank (ADB) predicted on Thursday. Revising India's growth for the aforementioned period, the bank said the economy will contract by 8%, a minimal improvement from the earlier de-growth estimate of 9%.

20 Jun 2019

Pakistan News

It's depressing: Pakistan's Chief Justice on World Cup loss, economy

After Indian cricket team thrashed Pakistan to register an important win in the ongoing World Cup tournament, social media was abuzz with reactions.

26 Sep 2018

India

India's economy continues on robust growth path: Asian Development Bank

India's economy continues on a robust growth path, the Asian Development Bank (ADB) said today while maintaining the growth forecast for the current fiscal at 7.3%.

06 Aug 2018

Karnataka

Govt trying to start 5 river inter-linking projects in FY19

The government is trying to start work on five river inter-linking projects in the current fiscal and secure financial assistance from World Bank and Asian Development Bank for the Rs. 2 lakh crore project, Union Minister Nitin Gadkari said.

19 Jul 2018

India

India fastest growing economy; on track to meet FY18-target: ADB

South Asia continues to be the fastest growing sub-region, led by India, whose economy is on track to meet the fiscal year 2018 projected growth of 7.3% and further accelerating to 7.6% in 2019, as measures taken to strengthen the banking system and tax reform boost investment, Asian Development Bank (ADB) said.

06 May 2018

India

India's projected growth rate to double economy in 10 years

India's projected GDP growth of over 7% for the current fiscal is "amazingly fast" and if this momentum is maintained the size of the economy can double within a decade, Asian Development Bank (ADB) Chief Economist Yasuyuki Sawada said.

11 Apr 2018

India

India to grow 7.3% this fiscal, 7.6% in next: ADB

India's economic growth is expected to rebound to 7.3% this fiscal and further to 7.6% in 2019-20 with increased productivity post-GST and investment revival due to banking reform said the Asian Development Bank (ADB).

17 Nov 2017

Pakistan News

Pakistan says no to Chinese funding on PoK dam

Pakistan occupies a central place in China's schemes for its One-belt One-road (OBOR) initiative.

20 Jun 2017

India

China to fund Pakistan's dam in PoK under CPEC

Radio Pakistan revealed that China has offered to fund the construction of Diamer-Bhasha dam on the Indus basin in Gilgit-Baltistan under the China Pakistan Economic Corridor.

29 Oct 2016

Pakistan News

Asian Development Bank declines funding for Pakistan dam

Asian Development Bank (ADB) has refused to provide funding for Pakistan's $14 billion Diamer-Bhasha dam project on Indus river located in Pakistan-Occupied-Kashmir (PoK).