Asian Development Bank | The Asian Age

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India will grow faster than China, with 7.3 per cent growth rate in FY19 and 7.6 per cent in FY20, the Asian Development Bank (ADB) said.

Indian economy set to grow fastest

On India, it said: "In sum, the GDP growth forecast for FY19 is maintained at 7.3 per cent.

20 Jul 2018 5:07 AM

India will continue to be the fastest growing major economy, ahead of China, with 7.3 per cent growth rate in 2018-19 and 7.6 per cent in 2019-20, the Asian Development Bank (ADB) said on Thursday.

India to remain fastest growing economy in FY19 and FY20, says ADB

Economic growth in China will decelerate to 6.6 per cent in 2018 and further to 6.4 per cent in 2019.

19 Jul 2018 5:57 PM

Indonesia growing 5.2 per cent this year, instead of 5.3 per cent, and has raised its forecast for Thailand to 4.2 per cent from 4.0 per cent.

ADB maintains 2018, 2019 GDP growth forecasts for developing Asia

Asian Development Outlook kept its 2018 and 2019 economic growth estimates for the region at 6.0 per cent and 5.9 per cent

19 Jul 2018 9:56 AM

India's projected GDP growth of over 7 per cent for the current fiscal is "amazingly fast".

India can double its economy in 10 years: Asian Development Bank

The Indian economy is forecast to grow at 6.6 per cent in the 2017-18 fiscal ended March 31.

06 May 2018 12:01 PM

Asian Development Bank chief Takehiko Nakao. (Photo: AFP)

India nudges ADB to invest in fintech, health startups

ADB may also need to post more international staff from headquarters to resident missions.

05 May 2018 2:32 PM

India wants the Asian Development Bank (ADB) to increase lending to the world's fastest growing economy. (Photo: AFP)

India to pitch for increased lending from Asian Development Bank

Subhash Chandra Garg would meet ADB president, where he would push for increasing the ADB's lending commitment to India.

03 May 2018 7:27 PM

The board of governors of the Asian Development Bank (ADB) will later this week discuss its long term strategy for 2030 to keep up with changing needs of the region.

ADB board to discuss 'Strategy 2030' to build 'prosperous' Asia

Economic Affairs Secretary Subhash Chandra Garg will represent India at the meet.

02 May 2018 1:03 PM

Mumbai got its first international arbitration centre last year, which was inaugurated by chief minister Devendra Fadnavis.

ADB rejects Mumbai as arbitration centre

An arbitration centre is where disputes between companies or individuals are resolved sans litigation.

20 Apr 2018 1:39 AM

MRDA floated tenders to buy rolling stock for three metro lines.

MMRDA floats bid for 3 Metro line coaches

A total of 378 coaches will be required for the three metro lines.

20 Apr 2018 1:37 AM

ADB sees 6 pc Asia growth but warns on risks from trade tensions

Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export.

11 Apr 2018 12:04 PM

$\The state will need more than 5,00,000 skilled workers by 2022 across various trades.$

Centre, ADB ink USD 80 million loan deal

Deal to help modernise technical and vocational education and training institutions and improve the skills ecosystem.

29 Mar 2018 10:49 AM

The Metro 2A and 7 are expected to be thrown open to the public by December 2019. The MMRDA had written to central ministry as well as the department of economic affairs (DEA) to seek assistance in the matter.

Major setback for ‘Make in India’ policy

Provision of manufacturing 75% metro coaches relaxed.

25 Feb 2018 6:19 AM

The loan will finance water supply improvements and expansion in Bhagalpur and Gaya towns in Bihar.

ADB to give USD 84 million loan for water projects in Bihar

Investment programme will assist ULBs in designing affordable tariffs for operations and maintenance cost recovery.

23 Feb 2018 1:27 PM

India, the largest economy South Asia, rebounded to 6.3 per cent growth in the second quarter ended in September for this fiscal from 5.7 per cent in first quarter.

ADB lowers India's GDP forecast for FY-18 to 6.7 per cent

GDP outlook for next fiscal beginning from March 2018 to 7.3 per cent from 7.4 per cent.

13 Dec 2017 9:39 AM

ADBs partnership with Reliance Power will help Bangladesh scale up its energy infrastructure to sustain and support the countrys economic growth.

ADB approves USD 583 mn loan facility to Reliance Power's project

ADB's support will help Reliance Power Ltd to develop an initial approximately 750 MW of gross power generation.

05 Dec 2017 2:48 PM

A representational image of an electric vehicle.

Battery swapping can push electric car revolution: ADB blog

In India, tenders to procure 10,000 high-performance electric cars have already been announced.

23 Oct 2017 6:26 PM

ADB cuts India’s growth forecast

ADB also said that it now expects India to grow by 7.4 per cent in the next fiscal year against its earlier projection of 7.6 per cent.

27 Sep 2017 4:07 AM

India's GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

ADB lowers India growth outlook to 7 per cent for 2017-18

India's growth fell to a 3-year low of 5.7 per cent in the April-June quarter of 2017-18.

26 Sep 2017 1:12 PM

This will help bank to expand its efforts to finance underserved people of country in less developed states.

IndusInd Bank secures $200 mn loan from ADB for microlending

As per the loan agreement, about 95 per cent of the ADB funding is to go towards credit to women borrowers.

15 Sep 2017 2:24 PM

China's new Silk Road initiative is ramping up as President Donald Trump focuses on domestic issues, downplaying foreign affairs. (Photo: AP)

Why China’s ‘Silk Road’ plan has spelt unease for India, US, Russia?

The work is part of a sprawling Chinese initiative to build a “new Silk Road” of ports, railways and roads to expand trade.

12 May 2017 8:35 AM

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Shobhaa De