Search For "asian development"
ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP rat
Updated : 3 years, 1 month ago IST
ADB Director General, Central and West Asia Department Yevgeniy Zhukov and Country Director Pakistan Resident Mission Yong Ye stressed on the importance of targeted subsidies to assist downtrodden segments of the society and effective mobilization of domestic resources to help improve the ec
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Google-backed seed fund to sponsor India innovators of AI-based solutions
Updated : 3 years, 1 month ago IST
According to the statement, AVPN is the world's largest social investor network in Asia-Pacific, and founded the APAC Sustainability Seed Fund with support from Google.org and Asian Development Bank to enable local organisations developing solutions
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Sitharaman stresses need for robust ADB that adopts transformational appro
Updated : 3 years, 1 month ago IST
The Union finance minister was participating and representing the governor for India in the Business Session of the Asian Development Bank's annual meeting in Incheon, South Korea, on Thursday.
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India scaling renewable energy capacity but challenges remain: ADB
Updated : 3 years, 1 month 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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Benefits of global net-zero transition can be 5 times the costs in develop
Updated : 3 years, 1 month ago IST
The benefits--including avoided economic losses from climate change, as well as improved health thanks to cleaner air--are achievable through targeted policy reforms, according to the Asian Development Outlook Thematic Report: Asia in the Global Transition to Net Zero, released today.
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ADB, Tata Power Delhi Distribution sign deal to enhance power distribution
Updated : 3 years, 2 months ago IST
Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, entered into an agreement to subscribe to non-convertible debentures for 1.5 billion rupees (equivalent to USD 18.2 million) to enhance Delhi's power distribution through grid
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Pakistan raises benchmark interest rate to 21 pc
Updated : 3 years, 2 months ago IST
On Wednesday, the State Bank of Pakistan's Monetary Policy Committee increased the benchmark interest rate by 100 basis points, to 21 per cent.
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Four million people will fall below the poverty line in Pakistan in FY23,
Updated : 3 years, 2 months ago IST
The World Bank has forecast about four million people falling below the lower middle-income poverty line amid economic growth plummeting to just 0.4 per cent against a budgeted target of 5pc
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Asia Pacific region to grow faster on easing pandemic restrictions: ADB
Updated : 3 years, 2 months ago IST
Economic growth in developing economies in Asia and the Pacific in 2023 is going to be faster as the continued easing of pandemic restrictions boosts consumption, tourism, and investment, according to Asian Development Bank (ADB).
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Sri Lanka to see degrowth in 2023, gradual recovery expected next year: AD
Updated : 3 years, 2 months ago IST
Sri Lanka's economy is estimated to contract again in 2023 before it begins a gradual recovery in 2024, as the country navigates an unprecedented economic crisis, according to Asian Development Bank.
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ADB says India's growth to moderate to 6.4 pc in FY24
Updated : 3 years, 2 months ago IST
Growth will moderate slightly this year and rise next year, buoyed by private consumption and investment as the global economy improves, ADB said
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G20: Discussion on diversification to renewable sources for energy transi
Updated : 3 years, 2 months ago IST
The event, supported by the Asian Development Bank (ADB) and the Council on Energy, Environment and Water (CEEW), will focus on diversifying and securing renewable energy and critical mineral supply chains for energy transitions, including promoting circularity in value chains.
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