Search For "development bank"
ADB president meets PM Modi, proposes up to USD 25 billion support for Ind
Updated : 3 years ago IST
After the meeting with PM Modi, ADB said in a release that president Asakawa conveyed its intention to provide USD 20-25 billion in support over the next five years to advance the country's aspirations for fast, inclusive, and green growth.
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Chinese company fined for "delayed damages" in Pakistan
Updated : 3 years ago IST
According to a Pakistani newspaper, Punjab Intermediate Cities Improvement and Investment Project under the Asian Development Bank asked to pay a fine of Rs 1 million.
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ADB approves USD 130 million loan for horticulture sector in Himachal Prad
Updated : 3 years, 1 month ago IST
The Asian Development Bank (ADB) has approved a USD 130 million loan to increase agricultural productivity and promote horticulture agribusinesses to raise farmers' income in Himachal Pradesh.
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Economic Survey: India's 2023-24 GDP growth in real terms projected at 6.5
Updated : 3 years, 1 month ago IST
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.
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Road project delay by China causing casualties in Nepal: Report
Updated : 3 years, 1 month ago IST
The road widening project of the Butwal- Narayanghat Highway that started in 2019, has made just 23 per cent progress in 48 months. Now the incomplete project by a Chinese contractor is resulting in road accidents
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China's lending debacle: Development loans hit 13-year low
Updated : 3 years, 1 month ago IST
China's Belt and Road Initiative (BRI) has left scores of Lower and Middle-Income Countries (LMIC) saddled with "hidden debts." China is using debt rather than aid to establish a dominant position in the international development finance market.
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Shimla ropeway project will benefit locals, tourists, says former HP minis
Updated : 3 years, 2 months ago IST
Former Urban Development Minister Suresh Bhardwaj congratulated the Shimla people on the New Development bank's nod to fund the ropeway project. He urged the present dispensation to prepare the DPR so that the project meets the deadline.
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UN seeks funds for Pakistan after last year's devastating floods
Updated : 3 years, 2 months ago IST
United Nations Secretary-General Antonio Guterres on Monday sought "massive investments" for Pakistan to help it recover from damage caused by devastating floods that ravaged the country last year.
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ADB, India sign USD 300 million loan to improve connectivity in Assam
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, the Ministry of Finance, and Nilaya Mitash, Officer-in-Charge, India Resident Mission, ADB, have signed the agreement of the Assam South Asia Subregional Economic Cooperation (SASEC) Corridor Connectivity Improvement p
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ADB, India sign USD 220 million loan to strengthen power sector in Tripura
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, the ministry of finance, and Hoe Yun Jeong, Officer-in-Charge, India Resident Mission, ADB, have signed an agreement of the Tripura Power Distribution Strengthening and Generation Efficiency Improvement Project.
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ADB, India sign USD 350 million loan to expand metro rail network in Chenn
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance, and Nilaya Mitash, Officer-in-Charge, India Resident Mission, ADB, have signed the agreement of the tranche 1 loan for the Chennai Metro Rail Investment Project. The tranche 1 loan is part of the U
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ADB, India sign USD 350-million loan to improve connectivity in Maharashtr
Updated : 3 years, 2 months ago IST
Rajat Kumar Mishra, Additional Secretary, department of economic affairs in the ministry of finance, and Hoe Yun Jeong, Officer-in-Charge, India Resident Mission, ADB, have signed the project for Connecting Economic Clusters for Inclusive Growth in Maharashtra.
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