Asian Development Bank

ADB forecasts India’s GDP growth at 6.5% for FY26 and FY27

ADB projects India’s growth at 6.5% for FY26 and FY27 amid global trade uncertainty

The Asian Development Bank (ADB) projects India’s economy to grow 6.5% in FY26 and FY27, supported by strong investment and…

September 30, 2025 10:18 IST

ADB Trims India's FY26 Growth Forecast to 6.5% Citing US Tariffs, Trade Uncertainty. (Image Source: Twitter)

ADB cuts India’s FY26 growth forecast to 6.5%

The Asian Development Bank (ADB) has lowered India’s GDP growth forecast for FY26 to 6.5% from 6.7%, attributing the revision…

July 23, 2025 23:29 IST

ADB Pledges $10 Billion for India's Urban Transformation Over Five Years. (Image Source: Freepik)

ADB announces $10 billion funding for India’s urban projects

The Asian Development Bank (ADB), led by president Masato Kanda, has announced a landmark five-year initiative to invest $10 billion…

June 2, 2025 09:10 IST

india, pakistan, pahalgam attack, pakistan economy, asian development bank, adb, fatf, imf loans to pakistan

India seeks suspension of financial aid by Asian Development Bank to Pakistan: Report

India has also called on the International Monetary Fund (IMF) to review its disbursements to Pakistan.

May 5, 2025 16:22 IST

ADB revises India’s growth outlook higher to 7%, inline with RBI’s FY25 projection

The Asian Development Bank has revised India’s GDP growth forecast for the current fiscal to 7 per cent from 6.7…

Updated: April 11, 2024 13:11 IST

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Govt, ADB ink USD 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…

March 14, 2024 18:50 IST

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Cash-strapped Pakistan secures $658M ADB package

The ADB approved the financing package under three different loans. These include USD 300 million for improving domestic resource mobilisation;…

December 7, 2023 16:21 IST

funding, investment, startup, NRI investment, returns, social impact, market fluctuations, Pre-IPOs, SMEs, unicorns, angel investors, venture capital funds, direct investment, taxation

ADB’s USD 125 million loan to L&T Finance aims at empowering women, farmers and MSMEs in India

According to ADB, the funding package, consisting of a USD 125 million loan from ADB and an agreement to syndicate…

November 24, 2023 17:37 IST

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Policy and data support can boost MSMEs’ role as drivers of future growth: ADB report

As per the report, the average lending to MSMEs in these countries was 10.6 per cent of the country’s gross…

October 24, 2023 18:41 IST

Asian Development Bank, economic growth, global demand, El Nino, investment, inflation

ADB sees developing Asia’s growth remaining solid amid risks

ADB cited three main risks to the outlook — impact of the weakness in China’s property sector, sporadic supply disruptions…

September 20, 2023 10:26 IST

Bold reforms underway for new challenges, says ADB president

The statement assumes significance given that India’s G20 presidency has accorded high priority to the plan to bolster capital base…

September 8, 2023 04:45 IST

trade finance, asian development bank, trade finance gap, msme exports, interest rates, inflation, geopolitical volatility, banks, trade financing

Global trade finance gap at record $2.5 trillion amid rising interest rates, inflation, geopolitical volatility: ADB

The survey noted that the demand for trade finance surged on the back of a sharp recovery in global goods…

September 6, 2023 11:59 IST

ADB retains India’s growth forecast at 6.4 per cent for current fiscal

In an update to its Asian Development Outlook, the ADB said inflation is expected to continue to fall, approaching pre-pandemic…

Updated: July 19, 2023 09:36 IST

World Bank approves $700 million for crisis-hit Sri Lanka

About $500 million of the funds will be allocated for budgetary support while the remaining $200 million will be for…

Updated: June 29, 2023 07:24 IST

China assures Sri Lanka of ‘steadfast support’ on its road to economic recover

Weidong met President Wickremesinghe on Tuesday and expressed keen interest in exploring opportunities to strengthen the bilateral relations while reiterating…

Updated: May 31, 2023 14:44 IST

Need robust ADB that adopts transformational approach for regional development: Nirmala Sitharaman

India is the founding member as well as the fourth largest shareholder of multilateral funding agency founded in 1966 with…

Updated: May 4, 2023 11:45 IST

Nirmala Sitharaman confident Ajay Banga will use corporate experience in pursuing World Bank goals

Banga, 63, will take over as the President of the World Bank on June 2. He will succeed President David…

Updated: May 4, 2023 11:17 IST

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FM Sitharaman asks ADB to support India with more concessional climate finance

Earlier in the day ADB president announced the bank’s newest climate finance programme: the Innovative Finance Facility for Climate in…

May 2, 2023 15:30 IST

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Techie discusses move back to India amid Green Card concerns.

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Is LeBron James linked to the NBA Mafia betting scandal?

World News1 hr ago

LeBron James has been dragged into a massive NBA scandal involving two gambling operations, with over 30 people arrested and prominent players. While James himself is not involved, his long-running ties with Jones have made him a focus of the issue. The scandal involves rigged poker games and leaking insider information about NBA stars, with the Mafia allegedly involved as well.

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