The ADB, in its Asian Development Outlook September 2025, released on September 30, 2025, also reduced its growth forecast for developing Asia to 4.8% for the current year 2025 from its forecast in April of 4.9% | Photo Credit: Reuters The Asian Development Bank (ADB) has downgraded India’s growth outlook for the current financial year […]
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On June 3, 2025, the ADB announced that it had approved funding of $800 million to Pakistan under its Resource Mobilisation Reform Programme. File. | Photo Credit: Reuters In continuation of its efforts in various multinational fora to curb funding to Pakistan, the Indian government “vehemently opposed” the Asian Development Bank’s latest decision to provide […]
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Prime Minister Narendra Modi with Asian Development Bank president Masatsugu Asakawa during a meeting in New Delhi on Wednesday, February 22, 2023. | Photo Credit: The Hindu Asian Development Bank president Masatsugu Asakawa on Tuesday, February 22, 2023 called on Prime Minister Narendra Modi and conveyed ADB’s intention to provide USD 20-25 billion resources over five […]
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S&P projected inflation to average 6.8% in current fiscal year and RBI’s benchmark interest rate to rise to 6.25% by March 2023. S&P Global Ratings on November 28 cut India’s economic growth forecast for current fiscal year to 7%, but said the domestic demand-led economy will be less impacted by the global slowdown. S&P had in September […]
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While $3.3 billion will be spent in 2022, $10.7 billion is to be utilised between 2023-25 While $3.3 billion will be spent in 2022, $10.7 billion is to be utilised between 2023-25 The ADB on Tuesday announced a $14 billion financial support towards the Asia Pacific region’s food security, which is threatened by Russia-Ukraine war […]
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India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7% from 7.2% earlier, citing higher than expected inflation […]
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High inflation and monetary tightening cited. High inflation and monetary tightening cited. The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening. India’s economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, […]
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Bank enhances inflation forecast to 6.7% this year, frets about erosion of consumers’ purchasing power Bank enhances inflation forecast to 6.7% this year, frets about erosion of consumers’ purchasing power The Asian Development Bank (ADB) has lowered its growth forecast for India to 7.2% for 2022-23 from a 7.5% projection made in April, citing higher […]
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