Page 10 - Asian Development Bank

Top headlines: World Bank's $1 bn aid for India as ADB cuts growth estimate

Business Standard brings to you the top headlines of the day

Asian Development Bank to invest $100 million in NIIF's fund of funds

With ADB's investment into the NIIF platform, the FoF has now secured $700 million in commitments

Covid-19: US, ADB, World Bank extend aid to help Pakistan fight coronavirus

The number of confirmed coronavirus cases in Pakistan have increased to 454

Asian Development Bank lists masala bonds worth Rs 850 crore on India INX

ADB's masala bonds are listed on both Luxembourg exchange and India INX

ADB issues $250 mn loan to India to expand energy efficiency investments

In addition to this, USD 46 million financing will be provided from the Clean Technology Fund (CTF) that will be administered by the ADB

ADB scales down India's GDP growth forecast from 6.5% to 5.1% for FY20

The ADB said growth would pick up to 6.5 per cent in 2020-21 with "supportive" policies, but also said it would be lower than its earlier forecast of 7.2 per cent for the fiscal year

ADB trims India's FY20 growth forecast to 5.1%, cites consumption slowdown

ADB said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies

ADB clears $1-bn emergency loan to Pakistan for supporting public finance

Back in July this year, the IMF had approved a three-year $6 billion Extended Fund Facility (EFF) to finance the government's economic reform program

ADB extends $451 million loan for Chennai-Kanyakumari Industrial Corridor

The Chennai-Kanyakumari Industrial Corridor is part of the East Coast Economic Corridor in Tamil Nadu

Best of BS Opinion: India & India Inc's search of growth amid fiscal woes

From Kulbhushan Jadhav's reprieve to bank nationalisation, here are the best of Business Standard Opinions for the day

US-China trade tensions to dampen Asia's growth prospects, says ADB

ADB also slashed its growth estimate for India to 6.5 per cent from 7 per cent

ADB paints gloomy picture; cuts India FY20 GDP growth forecast to 6.5%

Abrupt declines in manufacturing and investment reflect uncertainty ahead of general elections, subdued lending by banks and other financial institutions, ADB said.

Pakistan to get $7 bn in fresh assistance from ADB for development projects

The decision was taken during the meeting between ADB Vice President Shixin Chen and Pakistan Prime Minister Imran Khan here on Thursday

Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB

India will be the main driver to lower the inflation for the South Asian region, ADB said in a supplement to Asian Development Outlook (ADO) 2019

ADB cuts India growth outlook, says trade war, Brexit biggest global risks

India's economy to expand 7.2%, down from 7.6% previously

ADB to lend $75 million for 24-hour water supply in four Karnataka towns

The $75-million tranche-one loan is being used to strengthen urban water supply and sanitation services

Asian Development Bank signs agreement to lend $169 mn loan to Tamil Nadu

Though Tamil Nadu is the most urbanized of India's large states, urban service levels remain low

ADB's Strategy 2030: The social angle

The Asian Development Bank's focus on inequality and poverty alleviation has special significance for India

India asks ADB to invest in fintech, health startups to improve quality

ADB should also introduce more targeted intervention in low income and poverty-concentrated geographic pockets, Garg said

India requests $4 bn assistance from ADB to expand sovereign operations

The delegation also held bilateral meetings with the official delegations of Hong Kong and Germany