Search For "adb"
IBISA raises USD 3 million to scale parametric insurance solutions, streng
Updated : 1 year, 8 months ago IST
Luxembourg City [Luxembourg], June 25: IBISA, a Climate Insurtech company, has closed a USD 3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, alongsi
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ADB sanctions USD 170 mn loan to reinforce India's health infrastructure f
Updated : 1 year, 8 months ago IST
According to ADB, the loan, part of the Strengthened and Measurable Actions for Resilient and Transformative Health Systems (SMART Health) Subprogram 1, is designed to support the Indian government's National Health Policy 2017.
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ADB commits USD 50 million to accelerate energy transition in Asia-Pacific
Updated : 1 year, 8 months ago IST
In order to address development challenges resulting from the effects of climate change in Asia and the Pacific, the Asian Development Bank (ADB) has committed USD 50 million to the Actis Asia Climate Transition Fund, the ADB said in a news release.
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ADB pledges continued support for India's infrastructure and inclusive eco
Updated : 1 year, 9 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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Over USD 16 billion from partners push ADB's focus on climate action, sust
Updated : 1 year, 10 months ago IST
The Asian Development Bank (ADB)'s partners committed USD 16.4 billion in cofinancing in 2023, up by 44 per cent from the previous year.
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Revamping Tripura's Power infrastructure: Major projects aim to enhance re
Updated : 1 year, 10 months ago IST
Tripura is witnessing a significant transformation in its power infrastructure with two central government-funded projects underway, aiming to enhance system reliability and reduce power losses. The initiatives, supported by the Asian Development Bank (ADB) and the RDS project, align with th
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ADB Governors approve USD 1.42 billion in 2023 allocable net income
Updated : 1 year, 10 months ago IST
USD 1.005 billion to ADB's ordinary reserve to support the bank's capital growth and provide an earnings base to generate income;
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ADB operations reach USD23.6 billion in 2023, achieve record climate finan
Updated : 1 year, 10 months ago IST
The Asian Development Bank (ADB) committed USD 23.6 billion from its own resources in 2023, including USD 9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development.
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ADB charts course for sustainable growth with strategy 2030, unveils strat
Updated : 1 year, 10 months ago IST
According to ADB, under its Strategy 2030, ADB continues to sustain efforts to address the changing needs of the region through innovative initiatives and strategic reforms.
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Rameshwaram cafe blast: NIA arrests mastermind, bomber from Kolkata
Updated : 1 year, 11 months ago IST
The two key absconders in the Rameswaram Cafe blast case, identified as Adbul Matheen Taha and Mussavir Hussain Shazeb, were traced out to their hide out near Kolkata and were apprehended by the NIA team on Friday.
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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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