India Signs $126.4 Million Loan Agreement With ADB To Promote Sustainable Tourism In Uttarakhand
Key interventions include institutional strengthening, climate-resilient infrastructure, nature-based solutions to mitigate landslide and flood risks, and inclusive tourism services led by women, youth, and the private sector.
Sep 11, 2025, 15:46 PM IST
ADB Raises India's GDP Growth Forecast For FY25 To 7% On Robust Investment, Consumer Demand
The ADB's growth forecast for FY25 is in line with the projections made by the Reserve Bank of India (RBI).
ADB cuts India's GDP growth forecast for FY23 to 7 pc on high inflation, monetary tightening
The ADB expects the Chinese economy to expand by 3.3 per cent in 2022 rather than the 5 per cent forecast earlier. Lockdowns from the zero-COVID strategy, problems in the property sector, and weaker external demand continue weighing on the economic activity in China, said the report.
Sep 21, 2022, 14:38 PM IST
COVID-19 pandemic sends 4.7 mn more people into extreme poverty in Southeast Asia: ADB
The number of people in extreme poverty - defined as those living on less than $1.90 a day - was 24.3 million last year, or 3.7% of Southeast Asia`s collective 650 million population, the ADB said in a report.
Mar 16, 2022, 07:30 AM IST
IIFL Home to get Rs 500 cr loan from ADB for lending to lower-income women borrowers
ADB said women often find it difficult to obtain mortgage loans in India.
Feb 21, 2022, 18:52 PM IST
ADB lowers India's economic growth forecast for this fiscal to 10%
India's GDP growth recovered to 1.6 per cent in the last quarter of fiscal year ended March 2021, narrowing contraction in the whole fiscal year from 8 per cent estimated in April to a revised 7.3 per cent, the multilateral funding agency said in the Asian Development Outlook (ADO) Supplement.
Jul 20, 2021, 10:38 AM IST
Deshhit: Pakistan in big trouble with FATF, fails to complete FATF points
Pakistan has failed to complete 25 of the 27 action points given by the international terror financing watchdog FATF to check funding to terrorist groups such as LeT and JeM and frontal groups like Jamat-ud-Dawah and Falah-e-Insaniat Foundation.
Jun 17, 2019, 21:20 PM IST
ADB to scale up India lending to $4.5 bn in 2019
ADB committed USD 3.03 billion in sovereign loans to India in 2018, the highest ever annual lending commitment, he said, adding that USD 557 million loan was for the private sector.
Jan 11, 2019, 18:02 PM IST
ADB signs $31 million loan agreement with government to develop tourism, boost jobs in Tamil Nadu
The activities under the project would also boost economic opportunities for the local people.
Dec 12, 2018, 11:31 AM IST
ADB to lend $75 million for 24-hour water supply in Karnataka towns
The project finances would be used to, among others, augment water treatment production capacity by about 16 millions liters per day.
Nov 27, 2018, 20:56 PM IST
India's economy continues on robust growth path: ADB
Growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices and a consolidation of India's growth rebound, it said.
Sep 26, 2018, 18:34 PM IST
Ahead of China, India to remain fastest growing economy in FY19 and FY20: ADB
India will continue to be the world's fastest-growing major economy, ahead of China, with 7.3 percent growth rate in 2018-19 and 7.6 percent in 2019-20, the Asian Development Bank (ADB) said today.
Jul 19, 2018, 22:46 PM IST
India fastest growing economy in Asia; on track to meet FY18 target: ADB
ADO published in April had said that India's economic growth will rise to 7.3 percent this fiscal and further to 7.6 percent in the next financial year
Jul 19, 2018, 09:29 AM IST
Assam keen to start flights to ASEAN countries, says CM Sonowal
He also urged ASEAN countries to set up consulates in Guwahati, besides boosting economic ties.
Feb 04, 2018, 21:09 PM IST
ADB lowers India's GDP forecast for FY-18 to 6.7%
India rebounded to 6.3 percent growth in the second quarter ended in September for this fiscal.
Dec 13, 2017, 08:50 AM IST
Scope for RBI rate cut; fiscal stimulus 'less likely': ADB
The committee is scheduled to come out with next bi-monthly monetary policy decision on October 4.
Sep 26, 2017, 18:26 PM IST
ADB trims India growth forecast to 7% for current year
Developing Asia is expected to grow by 5.9 and 5.8 percent in 2017 and 2018, respectively, the Manila-based lender said.
Sep 26, 2017, 11:37 AM IST
India on track to grow at 7.4% in 2017: ADB report
India is expected to achieve the projected growth rate of 7.4 percent in 2017 and further up 7.6 percent next year on strong consumption demand, with South Asia leading the growth chart in Asia and the Pacific, an ADB supplement report said on Thursday.
Jul 20, 2017, 11:18 AM IST
Indian market should be more deregulated, FDI friendly: ADB
The Asian Development Bank (ADB) today lauded Prime Minister Narendra Modi's effort of integrating indirect taxes through the GST, even as it wants the Indian market to be more "deregulated" and FDI friendly to realise the true potential.
May 04, 2017, 12:55 PM IST
ADB lending hits record high
The Asian Development Bank (ADB) operations exceeded the $30 billion mark for the first time in its 50-year history as regional demand for development finance and knowledge continues to grow, a report said on Tuesday.
Apr 25, 2017, 18:15 PM IST