asian development bank

The Asian Development Bank (ADB) has revised India's growth forecast for the current financial year to 6.9 percent from 6.5 percent. According to the ADB's Asian Development Outlook, India's growth is expected to remain strong this fiscal year, driven by strong domestic demand, improved...

Mumbai, April 10 The rupee reversed initial gains and closed the day 32 paise lower at 92.83 against the US dollar on Friday, weighed down by risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee experienced high volatility as the deadline for the...

Karachi, April 10 Easing geopolitical tensions led to a gain of 1,400 points in the Pakistan Stock Exchange (PSX) KSE-100 Index on Friday, bringing it to around 166,961 points.Strong trading activity pushed the index to a high of 168,290 during the day before settling in positive territory...

April 10, New Delhi: The Asian Development Bank projected on Friday that India's GDP growth would remain "robust" at 6.9% in the current fiscal year, and rise to 7.3% in the next fiscal year, driven by strong domestic demand and supported by easing financing conditions and lower US tariffs on...

Mumbai, April 10 The rupee reversed initial gains and closed the day 17 paise lower at 92.68 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee witnessed high volatility as the...

Kathmandu, April 10 – The Asian Development Bank (ADB) has projected that Nepal's economic growth will significantly decelerate in the current fiscal year 2025–26 due to the impact of last year's civil unrest and the ongoing conflict in West Asia involving the United States, Iran, and Israel...

New Delhi, April 10 The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal year, and rise to 7.3 per cent in the next fiscal year, driven by strong domestic demand, and supported by easing financing conditions and lower US...

Manila, April 10 – The ongoing conflict in the Middle East has heightened global geopolitical risks and intensified downside risks for economic growth in developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.The Asian Development...

New Delhi, April 10 The Asian Development Bank (ADB) said on Friday that India can strengthen its social protection efforts by adopting an "integrated social protection framework" that aims to reduce duplication of benefits, improve targeting, and free up fiscal resources for long-term growth...

New Delhi, April 10 The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal, and rise to 7.3 per cent in the next fiscal, driven by strong domestic demand, and supported by easing financing conditions and lower US tariffs...

Shimla, April 3 A major hotel worth Rs 180 crore will be developed in the Kangra district under an Asian Development Bank project, R S Bali, Chairman of the Himachal Pradesh Tourism Development Corporation, said on Friday.Addressing a press conference here, Bali said the decision was taken...

Kathmandu, March 31 India emerged as the largest bilateral donor to Nepal in the fiscal year 2024–25, which ended in mid-July 2025, with the southern neighbor disbursing US$107.8 million, according to a government report.According to the Development Cooperation Report 2024–25 released by the...

Islamabad, March 19 The Asian Development Bank (ADB) is expected to provide approximately USD 10 billion in financing to Pakistan over the next five years, according to a media report on Thursday.The Manila-based lending agency said the facility is part of its 2026-30 Country Partnership...

Hyderabad, March 18 Alleging corruption and an unsystematic approach by the Congress government in the proposed Musi river rejuvenation project, the BRS staged a walkout from the Telangana Legislative Assembly on Wednesday, even as the government accused the opposition party of "mud-slinging"...

Hyderabad, March 18 – Bharat Rashtra Samithi (BRS) working president and MLA, K.T. Rama Rao, on Wednesday alleged that the Telangana government was carrying out a ₹1.5 lakh crore financial scam in the name of the Musi Riverfront development project.Speaking in the Assembly during Question...

Aizawl, March 16 Chief Minister Lalduhoma launched the upgraded version of the Mizoram Universal Health Care Scheme and a dedicated 24-hour call centre on Monday.The new version of the scheme, which will come into effect from April 1, introduces stricter emergency protocols and expanded...

Aizawl, March 16, 2026: The Chief Minister of Mizoram, Mr. Lalduhoma, today launched the Mizoram Universal Health Care Scheme (MUHCS) 2.0 and the MUHCS Call Centre at the Assembly Annex Conference Hall during the lunch break of the Assembly session.At the launch programme, Health Minister...

Mumbai, March 14 Water technology company VA TECH WABAG announced on Saturday that it has secured a Rs 1,000 crore order from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), funded by the Asian Development Bank (ADB).The order involves developing a looped transmission...

Bengaluru, March 11 Karnataka Rural Development and Panchayat Raj Minister Priyank Kharge said on Wednesday that the state government aims to complete all 7,110 km of rural roads being rebuilt under the ‘Pragathi Patha’ scheme within the next 1.5 years.Responding to a question raised by...

New Delhi, March 9 State-owned India Infrastructure Finance Company Ltd (IIFCL) is set to cross the Rs 1 lakh crore loan book milestone in FY2026-27, driven by a strong project pipeline, its Managing Director Rohit Rishi has said."As of December 31, 2025, IIFCL's loan book stood at Rs 80,515...