Tag: asian development bank
Poverty: Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB
MANILA: The coronavirus pandemic and rise in cost of living have pushed close to 70 million more people in developing Asia into extreme poverty as…
credit rating mechanism: Finance Ministry, ADB organise workshop on Expected Loss-based Credit Rating Mechanism
The Ministry of Finance and Asian Development Bank (ADB) on Monday organised a workshop on Expected Loss-based Credit Rating Mechanism. The workshop was addressed by…
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…
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…
Nirmala Sitharaman: Need to focus on infra, investment, innovation, inclusivity for sustainable growth: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday underlined the need for focussing on four Is — infrastructure, investment, innovation and inclusivity — to achieve sustainable growth…
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…
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,…
South Korea: South Korea and Japan’s finance ministers to hold first bilateral talks in 7 years
SEOUL: South Korea and Japan’s finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation…
India GDP Forecast: IMF cuts India’s FY24 GDP forecast to 5.9%
The International Monetary Fund pared its forecast for India’s growth to 5.9% from 6.1% for the current fiscal year, while painting a bleak picture for…
Asian Development Bank: India’s growth to moderate to 6.4 pc in FY24 : ADB
The Asian Development Bank on Tuesday said India‘s economic growth is expected to moderate to 6.4 per cent in the current financial year due to…