India to grow at 7.8%; land, tax reforms delay a risk: ADB

Last Updated: Thursday, July 16, 2015, 17:33

ADB on Thursday retained India's growth projection for the current fiscal at 7.8 percent, making it the fastest growing economy, but cautioned that delay in land and taxation reforms could hinder growth.

ADB pegs India's GDP at 7.8%, sees reforms delay as risks

Last Updated: Thursday, July 16, 2015, 14:46

Indian economy grew 7.3 percent in 2014-15.

Asian Development Bank cuts Asia, China growth forecasts

Last Updated: Thursday, July 16, 2015, 09:45

Developing Asia is now expected to grow 6.1 percent and 6.2 percent this year and in 2016 against the ADB`s March forecast of 6.3 percent for both years.

ADB to increase India lending by 50% to $12 bn by 2018

Last Updated: Tuesday, June 16, 2015, 18:18

Answering question on India's growth prospects, Nakao said the country's growth rate is expected to exceed that of China in this year.

ADB appoints two vice-presidents in different roles

Last Updated: Monday, June 8, 2015, 14:10

Philippines-based Asian Development Bank (ADB) has appointed Diwakar Gupta and Bambang Susantono as vice-president in two different roles.

ADB to give $300 mn loan to improve urban healthcare service

Last Updated: Thursday, May 28, 2015, 18:55

"The ADB has approved a USD 300 million loan to support India's NUHM ," an ADB statement said.

Coal, medicine, trains top Tokyo's Asia infrastructure plan

Last Updated: Friday, May 22, 2015, 15:24

Abe announced the commitment, topping the USD 100 billion China set for its newly created Asian Infrastructure Investment Bank, yesterday with an explicit pledge to make a "treasure trove" of Mongolia's vast reserves of brown coal, regarded as too polluting for power generation.

ADB to finance $6 billion in Pakistan infrastructure projects

Last Updated: Tuesday, May 12, 2015, 19:33

The Asian Development Bank on Tuesday approved a $6 billion loan to help build up Pakistan`s dilapidated power network and other key infrastructure, Islamabad said.

India has potential to grow at 9-10%: FM Jaitley

Last Updated: Tuesday, May 5, 2015, 12:20

"I do believe that India has a 9 or 10 percent growth potential. To achieve that we have to invest a lot into rural infrastructure and irrigation that's one area we can move up," he said.

India for deeper engagement of ADB for smart cities, railways

Last Updated: Monday, May 4, 2015, 18:57

Finance Minister Arun Jaitley on Monday sought "deeper engagement" of the ADB for development of smart cities, industrial corridors and railways as part of flagship initiatives like 'Make In India' and 'Skill India'.

FM Jaitley to leave for Azerbaijan on Sunday to attend ADB meet

Last Updated: Saturday, May 2, 2015, 17:09

The four-day 48th annual meeting of the ADB began on Saturday.

ADB says will maintain standards when cooperating with AIIB

Last Updated: Saturday, May 2, 2015, 16:04

The Asian Development Bank (ADB) said on Saturday that it was ready to work with the China-led Asian Infrastructure Investment Bank (AIIB) so long as standards were met, while also announcing changes to boost its own lending capacity by billions of dollars.