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ADB to give Rs 1,540 cr for Tripura power projects

ADB to give Rs 1,540 cr for Tripura power projects

🕔17:47, 18.Jul 2019

Agartala, July 18  The Asian Development Bank (ADB) would provide Rs 1,540 crore for upgradation of power generation, transmission and distribution projects in Tripura, said a top official here on Thursday. Tripura State Electricity Corporation Limited (TSECL) Chairman and Managing

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ADB approves Rs 1,650 cr infra projects in Tripura

ADB approves Rs 1,650 cr infra projects in Tripura

🕔10:49, 17.Jun 2019

Agartala, June 17  The Asian Development Bank (ADB) has approved projects for infrastructure development worth Rs 1,650 crore ($235 million) in seven of the eight district headquarter towns in Tripura, an official release said here on Sunday. The release said

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

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

🕔23:17, 27.Nov 2018

New Delhi, Nov 27 (IANS) India on Tuesday signed a $75-million loan agreement with the Asian Development Bank (ADB) to provide round-the-clock water supply to Karnataka’s four coastal towns of Kundapura, Mangalore Puttur and Udupi, and to improve sanitation infrastructure in

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ADB to lend $300 mn to boost infra funding by IIFCL

ADB to lend $300 mn to boost infra funding by IIFCL

🕔07:01, 17.Nov 2018

New Delhi, Nov 17  India and the Asian Development Bank (ADB) on Friday signed a $300-million loan agreement to support state-run India Infrastructure Finance Company Ltd (IIFCL) that provides long-term finance to infrastructure projects. The multilateral lending agency signed two

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ADB pledges $1bn fund for Indonesia’s earthquake, tsunami

ADB pledges $1bn fund for Indonesia’s earthquake, tsunami

🕔07:23, 13.Oct 2018

Jakarta, Oct 13  The Asian Development Bank (ADB) pledged up to $1 billion of emergency assistance fund to support Indonesia’s immediate budgetary needs and reconstruction efforts in areas affected by earthquakes and tsunami on Sulawesi Island. The ADB assistance fund

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ADB to lend $150 mn for India’s first multi-skills park in MP

ADB to lend $150 mn for India’s first multi-skills park in MP

🕔10:55, 4.Oct 2018

New Delhi, Oct 4 India and Asian Development Bank (ADB) on Wednesday signed a $150 million loan agreement to establish the country’s first multi-skills park in Madhya Pradesh to create a more skilled workforce, an official statement said. The Global Skills

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ADB to lend $100 mn for Kolkata’s sewerage, drainage

ADB to lend $100 mn for Kolkata’s sewerage, drainage

🕔10:46, 4.Oct 2018

New Delhi, Oct 4  India and Asian Development Bank (ADB) on Wednesday signed $100 million loan agreement to strengthen capacity of Kolkata Municipal Corporation (KMC) for resilient urban services, an official statement said. The $100 million loan is the third

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ADB approves $100m grant for displaced people in Bangladesh

ADB approves $100m grant for displaced people in Bangladesh

🕔14:00, 6.Jul 2018

Manila, July 6  The Asian Development Bank (ADB) said on Friday that it has approved a grant assistance of $100 million to help displaced people sheltered in 32 camps in Bangladesh. The ADB said the grant was the first of

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India seeks $4 bn assistance from ADB

India seeks $4 bn assistance from ADB

🕔09:29, 5.May 2018

New Delhi, May 5  India on Friday requested the Asian Development Bank (ADB) to expand its sovereign and non-sovereign operations in the country by providing financial assistance worth $4 billion a year and support its sustainable growth. Economic Affairs Secretary Subhash

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Nepal’s economy to grow by 4.9% in FY2018: ADB

Nepal’s economy to grow by 4.9% in FY2018: ADB

🕔19:03, 11.Apr 2018

Kathmandu, April 11 The Asian Development Bank (ADB) has projected that Nepal’s economy will grow at a slower pace of 4.9 per cent in Fiscal Year (FY) 2018 from 6.9 per cent in 2017. In its “Macro-Economic Update Report” released here

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Pakistan, ADB ink loan accord to improve power transmission

Pakistan, ADB ink loan accord to improve power transmission

🕔10:18, 21.Mar 2018

Islamabad, March 21  Pakistan and the Asian Development Bank (ADB) on Tuesday signed a loan agreement worth $260 million to improve the country’s power transmission network. The agreement was signed by ADB Country Director Yang Xiaohong and Pakistani Economic Affairs Division’s

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ADB to lend $120 mn for improving Indian rail infrastructure

ADB to lend $120 mn for improving Indian rail infrastructure

🕔19:56, 16.Mar 2018

New Delhi, March 16 The Asian Development Bank (ADB) on Friday signed a $120 million loan agreement with India to improve operational efficiency of Indian railways by double-tracking and electrification of tracks along high-density corridors. The loan is part of

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ADB lowers India’s GDP forecast to 6.7%

ADB lowers India’s GDP forecast to 6.7%

🕔14:11, 13.Dec 2017

New Delhi, Dec 13  The Asian Development Bank (ADB) on Wednesday lowered its Indian GDP forecast for the current financial year to 6.7 per cent citing tepid growth in the first half, demonetisation and transitory challenges posed by implementation of

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GST regime will reduce costs for lower income section : ADB

GST regime will reduce costs for lower income section : ADB

🕔20:42, 22.Aug 2017

New Delhi, Aug 22 (IANS) The Goods and Services Tax (GST) regime in India will tend to lessen the burden on the lower income section of the society but at the same time, increase the costs for higher income households, according

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ADB cuts India’s growth forecast to 7% post-demonetisation

ADB cuts India’s growth forecast to 7% post-demonetisation

🕔15:04, 13.Dec 2016

Manila, Dec 13  The Asian Development Bank on Tuesday lowered India’s growth forecast for this year from 7.4 per cent to 7 per cent due to a slight slowdown in the economy following the central government’s demonetisation move.The Manila-headquartered ADB’s

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ADB to give India $500 mn loan to erect solar rooftop systems

ADB to give India $500 mn loan to erect solar rooftop systems

🕔11:13, 5.Oct 2016

New Delhi, Oct 45 The Asian Development Bank (ADB) said on Tuesday it will extend a $500 million loan for augmenting installation of solar rooftop systems in India.“ADB is set to provide $500 million in financing for rooftop solar systems that

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Nepal gets $220 mn aid for reconstruction from ADB, EU

Nepal gets $220 mn aid for reconstruction from ADB, EU

🕔10:20, 5.May 2015

Kathmandu, May 5  Two leading donors – the Asian Development Bank (ADB) and the European Union (EU) – on Monday pledged an additional $200 million and 16.6 million euro ($18.5 million) respectively to help in rehabilitation and reconstruction efforts in

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ADB fast-tracks over $200-mn emergency aid for Nepal

ADB fast-tracks over $200-mn emergency aid for Nepal

🕔15:34, 27.Apr 2015

Manila, April 27  The Asian Development Bank (ADB) announced on Monday more than $200 million in aid for Nepal in response to a 7.9-magnitude earthquake that has caused more than 3,300 deaths and widespread destruction, Efe news agency reported. ADB

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ADB’s $300 mn loan to improve road connectivity

ADB’s $300 mn loan to improve road connectivity

🕔11:43, 27.Mar 2015

New Delhi, March 27  The government on Thursday signed a $300 million loan agreement with the Asian Development Bank (ADB) for improving road connectivity and increasing domestic and regional trade in north Bengal and the north eastern region (NER) of

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India to grow at 7.8 percent, surpass China : ADB

India to grow at 7.8 percent, surpass China : ADB

🕔19:36, 24.Mar 2015

Manila, March 24 India will lead in the Asian region with growth at 7.8 percent in the next fiscal and at 8.2 percent in 2016-17, as China’s economy slows, the Asian Development Bank (ADB) said on Tuesday. The bank’s Asian

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