Tag: adb

India growth forecast: ADB retains India's growth forecast at 7%; govt spending, agriculture to boost economy
Posted in Economy

India growth forecast: ADB retains India’s growth forecast at 7%; govt spending, agriculture to boost economy

The Asian Development Bank (ADB) on Wednesday retained India’s growth forecast for the current fiscal at 7 per cent and said that the economy is…

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ADB warns China it risks wasting money on state-led growth
Posted in China News

ADB warns China it risks wasting money on state-led growth

BEIJING: China needs to level the playing field between private and state owned firms, the Asian Development Bank‘s chief economist said on Thursday, adding that…

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adb: ADB needs to explore innovative, risk-factored approach for lending to developing countries: FM Nirmala Sitharaman
Posted in Economy

adb: ADB needs to explore innovative, risk-factored approach for lending to developing countries: FM Nirmala Sitharaman

Finance minister Nirmala Sitharaman on Thursday said India encourages ADB to explore adopting innovative, risk-factored approach for lending to the developing member countries (DMCs). During…

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Nirmala Sitharaman: WTO needs to look at farm subsidy issue with open mind: Nirmala Sitharaman
Posted in Economy

Nirmala Sitharaman: WTO needs to look at farm subsidy issue with open mind: Nirmala Sitharaman

The World Trade Organisation (WTO) should look at the issue of farm subsidies with an open mind as it impacts the food security needs of…

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adb: FM Nirmala Sitharaman asks ADB to support India with more concessional climate finance
Posted in Economy

adb: FM Nirmala Sitharaman asks ADB to support India with more concessional climate finance

Finance minister Nirmala Sitharaman on Tuesday met ADB president Masatsugu Asakawa and urged the multilateral funding agency to support India with more concessional climate finance,…

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Posted in Economy

adb: ADB lowers India growth estimate to 6.4%

Global slowdown, tight monetary conditions, and elevated oil prices are expected to moderate India‘s growth to 6.4% in 2023-24 from 6.8% in FY23, Asian Development…

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Window for India to be linked to global value chains deeply: ADB
Posted in Economy

Window for India to be linked to global value chains deeply: ADB

India has an opportunity to integrate more deeply into the global supply chains as more foreign investment is being redirected to it amid tensions between…

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Posted in Economy

adb: ADB pledges $25 billion for India’s infra, social and green needs

The Asian Development Bank (ADB) Tuesday committed up to $25 billion for the next five years to fund India’s infrastructure creation under the PM Gati…

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