
The Asian Development Bank (ADB) has lowered India’s GDP growth forecast for FY26 to 6.5% from 6.7%, attributing the revision…
The Asian Development Bank (ADB), led by president Masato Kanda, has announced a landmark five-year initiative to invest $10 billion…
India has also called on the International Monetary Fund (IMF) to review its disbursements to Pakistan.
The Asian Development Bank has revised India’s GDP growth forecast for the current fiscal to 7 per cent from 6.7…
As per the loan agreement, a fintech institute will be set up at GIFT City. The pact was signed by…
The ADB approved the financing package under three different loans. These include USD 300 million for improving domestic resource mobilisation;…
According to ADB, the funding package, consisting of a USD 125 million loan from ADB and an agreement to syndicate…
As per the report, the average lending to MSMEs in these countries was 10.6 per cent of the country’s gross…
ADB cited three main risks to the outlook — impact of the weakness in China’s property sector, sporadic supply disruptions…
The statement assumes significance given that India’s G20 presidency has accorded high priority to the plan to bolster capital base…
The survey noted that the demand for trade finance surged on the back of a sharp recovery in global goods…
In an update to its Asian Development Outlook, the ADB said inflation is expected to continue to fall, approaching pre-pandemic…
About $500 million of the funds will be allocated for budgetary support while the remaining $200 million will be for…
Weidong met President Wickremesinghe on Tuesday and expressed keen interest in exploring opportunities to strengthen the bilateral relations while reiterating…
India is the founding member as well as the fourth largest shareholder of multilateral funding agency founded in 1966 with…
Banga, 63, will take over as the President of the World Bank on June 2. He will succeed President David…
Earlier in the day ADB president announced the bank’s newest climate finance programme: the Innovative Finance Facility for Climate in…
“It is important… to be vigilant against potential risks such as El Nino conditions creating drought conditions and lowering agricultural…