Search For "asian development bank"
India's economy to shrink by 9 pc this year: ADB
Updated : 5 years, 6 months ago IST
Manila [The Philippines], September 15 (ANI): India's economy is expected to contract by 9 per cent this year -- worse than the 4 per cent contraction it had forecast three months ago, the Asian Development Bank (ADB) said on Tuesday.
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Partnerships critical to overcome COVID-19 crisis: ADB President
Updated : 5 years, 6 months ago IST
Manila [The Philippines], September 14 (ANI): The coronavirus disease (COVID-19) pandemic has reinforced the need for stronger and more strategic partnerships in Asia and the Pacific, Asian Development Bank (ADB) President Masatsugu Asakawa said at the launch of a new report released on Mond
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India, ADB sign $500 million loan for Delhi-Meerut RRTS corridor
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 8 (ANI): India and Asian Development Bank (ADB) on Tuesday signed a 500 million dollar loan, the first tranche of a total one billion dollar facility, to build a modern, high-speed 82-km Delhi-Meerut regional rapid transit system (RRTS) corridor that will improve regio
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EESL to procure 250 EVs from Tata Motors, Hyundai
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Energy Efficiency Services Ltd (EESL) will procure 250 electric vehicles from Tata Motors and Hyundai Motor India following an international competitive bidding process.
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ADB issues $3 billion five-year global benchmark bond
Updated : 5 years, 6 months ago IST
Manila [The Philippines], Aug 26 (ANI): The Asian Development Bank (ADB) returned to US dollar bond market with the pricing of a three billion dollars five-year global bond proceeds of which will be part of ADB's ordinary capital resources.
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New ADB VP Ashok Lavasa meets Vice President Naidu
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 21 (ANI): The outgoing Election Commissioner and newly-appointed Vice President of Asian Development Bank, Ashok Lavasa called on Vice President M Venkaiah Naidu in New Delhi on Friday.
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ADB approves USD 1 billion package for rapid transit system in India
Updated : 5 years, 7 months ago IST
Manila [The Philippines], August 18 (ANI): The Asian Development Bank (ADB) has approved a USD 1 billion (about Rs 7,485 crore) loan to support the construction of the modern, high-speed Delhi-Meerut regional rapid transit system, a first of its kind in India.
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Election commissioner Ashok Lavasa resigns, to join ADB as vice president
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 18 (ANI): Election Commissioner Ashok Lavasa has resigned from his post today as he is set to join as Vice President of Asian Development Bank (ADB).
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Global economy could lose $108 billion in remittances: ADB
Updated : 5 years, 7 months ago IST
Manila [The Philippines], Aug 3 (ANI): Global remittances will fall by 108.6 billion dollars if the Covid-19 economic impact persists throughout the year, the Asian Development Bank (ADB) said on Monday.
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ADB, GCF commit to partnership to boost green recovery from COVID-19
Updated : 5 years, 8 months ago IST
Manila [The Philippines], July 22 (ANI): The Asian Development Bank (ADB) and the Green Climate Fund (GCF) on Wednesday agreed to partner toward a 'green recovery' for members confronting the harsh economic impact of the coronavirus disease (COVID-19) pandemic.
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COVID-19 exposes Asian banks' vulnerability to US dollar funding: ADB
Updated : 5 years, 8 months ago IST
Manila [The Philippines], July 21 (ANI): The COVID-19 pandemic has yet again unravelled global financial markets, putting Asia's financial resilience to the test, the Asian Development Bank (ADB) said on Tuesday.
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Ashok Lavasa appointed as Vice-President of Asian Development Bank
Updated : 5 years, 8 months ago IST
New Delhi [India], July 15 (ANI): Asian Development Bank (ADB) has appointed Election Commissioner Ashok Lavasa, 1980 Batch retired IAS officer as its Vice-President.
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