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ADB ups India's growth forecast to 7.2% for FY26, from earlier 6.5%
Updated : 3 months, 2 weeks ago IST
The Asian Development Bank (ADB) has raised its growth forecast for India by 0.7 percentage points from 6.5 per cent to 7.2 per cent for 2025-26, days after India registered robust July-September quarter growth and prospects of a stronger fiscal.
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India, ADB sign $800 million loan for projects, grant of $1 million; in 4
Updated : 3 months, 3 weeks ago IST
The Government of India and the Asian Development Bank (ADB) have signed agreements for three loans worth over USD 800 million for projects in Maharashtra, Madhya Pradesh and Gujarat.
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ADB raises growth forecast for developing Asia to 5.0 per cent, calls Indi
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian Development Outlook.
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India inks USD 170 million policy-based loan with ADB to strengthen pandem
Updated : 1 year, 8 months ago IST
The signed loan agreement is named 'Strengthened and Measurable Actions for Resilient and Transformative Health Systems Programme (Subprogramme 1)'. It was signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India and
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ADB pledges continued support for India's infrastructure and inclusive eco
Updated : 1 year, 10 months ago IST
The Asian Development Bank has once again affirmed its the support to India, stating it will continue to focus on "projects and programs that accelerate India's structural transformation."
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Chinese economy to moderate in 2024: ADB
Updated : 1 year, 11 months ago IST
Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB).
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ADB raises India's growth forecast
Updated : 1 year, 11 months ago IST
The Asian Development Bank (ADB) has upgraded India's gross domestic product (GDP) growth forecast for financial year 2024 from 6.7 per cent to 7 per cent and 7.2 per cent in financial year 2025.
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India scaling renewable energy capacity but challenges remain: ADB
Updated : 2 years, 11 months ago IST
India has scaled up its renewable energy capacity by 250 per cent between 2014 and 2021. It now ranks fourth in renewable energy capacity in the world but attempting a clean energy transition at the scale that India requires faces many challenges, according to Asian Development Bank
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ADB president meets PM Modi, proposes up to USD 25 billion support for Ind
Updated : 3 years, 1 month ago IST
After the meeting with PM Modi, ADB said in a release that president Asakawa conveyed its intention to provide USD 20-25 billion in support over the next five years to advance the country's aspirations for fast, inclusive, and green growth.
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ADB, India sign USD 300 million loan to improve connectivity in Assam
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, the Ministry of Finance, and Nilaya Mitash, Officer-in-Charge, India Resident Mission, ADB, have signed the agreement of the Assam South Asia Subregional Economic Cooperation (SASEC) Corridor Connectivity Improvement p
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ADB, India sign USD 220 million loan to strengthen power sector in Tripura
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, the ministry of finance, and Hoe Yun Jeong, Officer-in-Charge, India Resident Mission, ADB, have signed an agreement of the Tripura Power Distribution Strengthening and Generation Efficiency Improvement Project.
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ADB, India sign USD 350 million loan to expand metro rail network in Chenn
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance, and Nilaya Mitash, Officer-in-Charge, India Resident Mission, ADB, have signed the agreement of the tranche 1 loan for the Chennai Metro Rail Investment Project. The tranche 1 loan is part of the U
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