ADB lends $2 bn to India for road construction in 5 states

Last Updated: Saturday, April 25, 2015, 15:37

ADB-supported Rural Roads Sector Investment Programmes (RRS-I and II) built or upgraded more than 22,000 kms of rural roads.

ADB to give $300 million loan to India

Last Updated: Thursday, March 26, 2015, 20:05

The Asian Development Bank (ADB) will extend a loan of USD 300 million to India for improving road connectivity and increasing the domestic and regional trade along the North Bengal-North Eastern Region (NER).

Myanmar set for 8.3% growth spurt: ADB

Last Updated: Tuesday, March 24, 2015, 19:10

The Asian Development Bank Tuesday predicted economic growth in Myanmar will surge by over eight percent for the next two years as it urged the nation to press on with reforms before landmark elections.

India to lead Asia's economic growth: ADB

Last Updated: Tuesday, March 24, 2015, 16:19

Projecting a slowdown in Chinese economy, the Asian Development Bank (ADB) on Tuesday said the economic growth in Asia would be led by India for the next couple of fiscals.

India to grow at 7.8% in 2015-16; surpass China: ADB

Last Updated: Tuesday, March 24, 2015, 09:24

ADB said India's growth and investor confidence will improve on the back of government's structural reform agenda and improved external demand.

ADB lends $350 mn for road upgradation in Madhya Pradesh

Last Updated: Friday, February 20, 2015, 15:23

Asian Development Bank will provide USD 350 million loan to government for upgradation of roads in Madhya Pradesh.

ADB says committed to supporting smart cities in India

Last Updated: Thursday, February 5, 2015, 22:17

Manila-based Asian Development Bank (ADB) today said it is committed to supporting India's ambitious plan to build 100 smart cities in the country.

RBI allows repos in debt issued by multilateral bodies

Last Updated: Tuesday, February 3, 2015, 22:36

To boost the tepid corporate bonds market, RBI on Tuesday allowed bonds issued in Indian market by multilateral agencies such as World Bank Group, ADB and African Development Bank to be considered as eligible underlying for repo in corporate debts.

Reforms brought by PM Modi to help India grow to 5.5% in 2014: ADB

Last Updated: Wednesday, December 17, 2014, 12:29

ADB said reforms brought by Indian Prime Minister Narendra Modi will help his country grow 5.5 percent this year.

ADB to lend $176 mn for Jaipur's metro expansion

Last Updated: Wednesday, December 18, 2013, 16:17

Asian Development Bank (ADB) today said it will lend USD 176 million for the expansion of the metro line in Jaipur.

ADB to give $150 mn loan to Petronet

Last Updated: Tuesday, December 17, 2013, 19:19

Petronet, the nation's largest importer of gas in its liquid form (liquefied natural gas or LNG), is expanding its 10 million tonne per annum Dahej terminal to 15 million tonnes at an estimated cost of about Rs 2,950 crore by end 2016.

ADB sees India growing 4.7 percent in 2013

Last Updated: Wednesday, December 11, 2013, 08:49

The Asian Development Bank (ADB) on Wednesday kept its growth forecast for India at 4.7 percent for this year, and sees the country growing at 5.7 percent in 2014.