ADB recommends Pakistan to provide targeted subsidies

ADB Director General, Central and West Asia Department Yevgeniy Zhukov and Country Director Pakistan Resident...

Seed fund to sponsor India innovators of AI-based solutions

According to the statement, AVPN is the world's largest social investor network in Asia-Pacific, and founded the...

FM on need for robust ADB, adopting transformational approach

The Union finance minister was participating and representing the governor for India in the Business Session of the...

'India scaling renewable energy capacity but challenges remain'

India has scaled up its renewable energy capacity by 250 per cent between 2014 and 2021. It now ranks fourth in...

Global net-zero transition's benefits can cost more in Asia

The benefits--including avoided economic losses from climate change, as well as improved health thanks to cleaner...

ADB, Tata Power sign deal to enhance Delhi's power distribution

Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power,...

Pakistan raises benchmark interest rate to 21 pc

On Wednesday, the State Bank of Pakistan's Monetary Policy Committee increased the benchmark interest rate by 100...

Lenders trim Pakistan's growth forecast to 0.4pc

The World Bank has forecast about four million people falling below the lower middle-income poverty line amid...

Asia Pacific region to grow faster on easing pandemic curbs: ADB

Economic growth in developing economies in Asia and the Pacific in 2023 is going to be faster as the continued...

Sri Lanka to see degrowth in 2023, recovery seen next year: ADB

Sri Lanka's economy is estimated to contract again in 2023 before it begins a gradual recovery in 2024, as the...

ADB says India's growth to moderate to 6.4 pc in FY24

Growth will moderate slightly this year and rise next year, buoyed by private consumption and investment as the...

G20: Discussion on diversification to renewable energy sources

The event, supported by the Asian Development Bank (ADB) and the Council on Energy, Environment and Water (CEEW),...