Nepal drowning in Chinese debt trap

Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM...

Efficient logistics to drive India to become Atmanirbhar: Goyal

The minister participated in the one-day workshop on "Logistics Cost Framework" organized by DPIIT, Ministry of...

Sri Lanka govt debt rose to 115.2 pc of GDP by 2022-end: Report

The gross debt of Sri Lanka's central bank was roughly 4.66 per cent of the GDP. Moreover, the central bank used...

Sri Lankan President welcomes financial assurances from creditors

Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He...

257 clusters selected under phase one of HP Shiva main project

Sunae Kim, head of the Asian Development Bank's Project Readiness Financing Mission team and also the team leader of...

In 4 yrs, Chinese company finishes only 25% road expansion work

Owing to the lacklustre attitude of the responsible agencies to monitor and disinterest in implementation, the work...

ADB agrees to provide Rs 1311.20 funds for Himchal Tourism infra

The multi-crore project comes under Phase-1 of the proposed infrastructure development program said CM Sukhu, adding...

ADB president meets PM Modi, proposes up to USD 25 bn support

After the meeting with PM Modi, ADB said in a release that president Asakawa conveyed its intention to provide USD...

Chinese company fined for "delayed damages" in Pakistan

According to a Pakistani newspaper, Punjab Intermediate Cities Improvement and Investment Project under the Asian...

ADB approves USD 130 million loan for horticulture in Himachal

The Asian Development Bank (ADB) has approved a USD 130 million loan to increase agricultural productivity and...

India's 2023-24 GDP growth in real terms projected at 6.5 pc

The Economic Survey document said the growth projection is broadly comparable to the estimates provided by...

Road project delay by China causing casualties in Nepal: Report

The road widening project of the Butwal- Narayanghat Highway that started in 2019, has made just 23 per cent...