Tag: asian development bank
FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist
New Delhi: Free Trade Agreements (FTAs), reduction in import tariffs and improvement in business environment would encourage higher net foreign capital inflows into India, which…
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risks
The Asian Development Bank on Wednesday warned Asian economies against implementing broad fuel subsidies and cutting excise duties, noting that such measures could strain public…
Sustained reforms will help India maintain growth momentum, says ADB’s Albert Park
Samarkand: India’s growth outlook remains “relatively robust,” but risks have increased due to global disruptions, particularly energy market volatility linked to geopolitical tensions, Asian Development…
ADB raises India’s FY27 growth forecast to 6.9%
New Delhi: The Asian Development Bank (ADB) on Friday raised India’s FY27 growth forecast to 6.9% from 6.5% earlier, citing rising consumption, higher investment, supportive…
ADB ups India’s FY26 growth projection to 6.9% on strong domestic demand, lower US tariffs
Asian Development Bank (ADB) on Friday raised India’s economic growth projection to 6.9 per cent for financial year 2026, citing strong domestic demand and lower…
Asian Development Bank approves $846 mln loan to India for skill-building and employment
The Asian Development Bank (ADB) on Friday approved an $846 million loan to India in order to help build a future-ready workforce for the country’s…
ADB approves $400 million for climate-resilient roads in Maharashtra
New Delhi: The Asian Development Bank (ADB) approved a $400 million results-based lending (RBL) programme to help Maharashtra develop climate-resilient, low-carbon, safe and inclusive road…
India must avoid retaliation, boost competitiveness: ADB
Asian Development Bank chief economist Albert Park said there is further scope for the Reserve Bank of India (RBI) to cut the interest rates. In…
ADB projects India growth at 6.5% for two fiscal years
New Delhi: The Asian Development Bank (ADB) on Tuesday projected India‘s economic growth at 6.5% each for this fiscal year and the next. The latest…
ADB lowers India’s FY26 growth forecast to 6.5% on US tariffs
The Indian economy is expected to expand by 6.5% in the current financial year despite a strong 7.8% growth in the first quarter of FY26,…