The Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5% for the current financial year due to lower-than-expected growth in private investment and housing demand. Earlier it estimated the growth of 7%.
The Sri Lankan cabinet approved a proposal to sign two agreements with the Asian Development Bank (ADB) for strengthening its power system and integration of renewable energy projects, according to a statement from the government's information department on Tuesday.
In a bid to help India strengthen and modernise its logistics sector, the Asian Development Bank (ADB) has approved a $350 million policy-based loan to support wide-ranging reforms in the sector.
The Indian government and the Asian Development Bank (ADB) on Thursday signed a $50 million loan to build a climate-adaptive water harvesting project in Meghalaya.
The Centre and the Asian Development Bank (ADB) on Thursday signed a USD 50 million loan aimed at enhancing water security in Meghalaya.
The Asian Development Bank (ADB) has provided a grant of more than $1.8 million to support an urban renewal project in Vangvieng, a tourism town in Laos' Vientiane province, aiming to develop the city as a green and clean visitor destination.
The Asian Development Bank (ADB) forecast a 7 per cent increase in India's gross domestic product (GDP) for the financial year 2024 and 7.2 per cent for FY 2025.
The Asian Development Bank (ADB), citing robust expansion in the industrial sector and strong demand in construction led by housing, kept India’s gross domestic product (GDP) growth projection for FY25 unchanged at 7 per cent.
In a significant development, the Asian Development Bank (ADB) on Wednesday sanctioned a $200 million loan to the Government of India to improve the quality
According to a release, trade and industry contributed 14.1 per cent to Nepal's gross domestic product (GDP) in the financial year 2022.
