World News | Agence France-Presse | Friday November 27, 2015
Climate disasters may double in the next two decades unless the world cuts its carbon dioxide emissions, the Asian Development Bank said today, with "high risk" nations in Asia set to be hard hit.
World News | Reuters | Monday November 23, 2015
A new road linking the Afghan capital with a trade hub near Pakistan has been stuck in the slow lane since a state-owned Chinese company took the contract to build it two years ago, bedevilled by militant attacks and accusations of mismanagement.
Press Trust of India | Friday November 20, 2015
Indian-American politician Swati Dandekar has been nominated as executive director to Asian Development Bank with ambassadorial rank by US President Barack Obama.
Indians Abroad | Press Trust of India | Friday November 20, 2015
Indian-American politician from Iowa Swati Dandekar has been nominated as Executive Director to Asian Development Bank with ambassadorial rank by US president Barack Obama.
World News | Reuters | Wednesday November 11, 2015
Pakistan's government, struggling to fulfil election promises to end daily power cuts, is shifting from big generation projects to less splashy reforms including new transmission systems, privatisation and better management.
Agence France-Presse | Saturday September 26, 2015
The Asian Development Bank (ADB) is to double its annual lending for climate change adaptation to $6 billion by 2020, the Philippines-based lender said.
World News | Agence France-Presse | Wednesday September 23, 2015
US aerospace giant Boeing has signed deals with Chinese firms to sell 300 aircraft and open a completion centre in the Asian country, China's official Xinhua news agency reported, as President Xi Jinping began his first state visit to the United States.
Press Trust of India | Tuesday September 22, 2015
The markets lost ground heavily on Tuesday as the Sensex crashed below the 26,000 mark by tumbling 541 points and the rupee slipped to test the 66 level against dollar after Asian Development Bank lowered India's growth forecast, while steep losses in Europe and lingering growth concerns also weighed.
Thomson Reuters | Tuesday September 22, 2015
Growth in China is seen cooling to 6.8 per cent this year from 7.3 per cent in 2014, and slow further to 6.7 per cent in 2016.
India News | Press Trust of India | Monday September 7, 2015
The Centre would recommend loans from international agencies for reform-oriented and performing cities which have repaying capacity, Union Urban Development Minister M Venkaiah Naidu said today.
India News | Press Trust of India | Wednesday August 5, 2015
India has said it would consider providing a new Line of Credit to Nepal for the construction of a 76-km long fast track road that connects the Himalayan country with the Indian border.
World News | Reuters | Wednesday August 5, 2015
The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms.
Press Trust of India | Monday July 27, 2015
The loan will help bolster bank's efforts to improve farm efficiency by extending customised and affordable agriculture credit, that will help leverage its semi-urban and rural branch network to deliver agriculture credit, the city-headquartered lender said in a statement.
World News | Reuters | Thursday July 23, 2015
Sri Lanka plans to store and use a billion cubic metres of rainwater per year, which would otherwise drain into the sea, in an ambitious effort to boost irrigation and power production.
Thomson Reuters | Tuesday July 21, 2015
Officials from the world's largest emerging nations launched the New Development Bank (NDB) on Tuesday, the second of two new policy banks heavily backed by Beijing that are being pitched as alternatives to existing institutions such as the World Bank.
World News | Reuters | Tuesday July 21, 2015
Officials from the world's largest emerging nations launched the New Development Bank (NDB) today, the second of two new policy banks heavily backed by Beijing that are being pitched as alternatives to existing institutions such as the World Bank.
Press Trust of India | Thursday July 16, 2015
The Supplement to the Asian Development Outlook 2015, which was released in March, lowered the growth projections for China to 7 per cent for 2015, from the earlier 7.2 per cent.
India News | Press Trust of India | Thursday July 9, 2015
In a major shift from the way multilateral lenders functions, borrowers' interest will be paramount for the $100-billion BRICS Bank as against the common practice of lenders' view getting preference, the first chief on the new institution KV Kamath has said.
Press Trust of India | Wednesday July 8, 2015
Stating that funding requirements are huge at $1-2 trillion for each BRICS country, including India, Kamath said he sees other multilateral lending institutions such as IMF, World Bank and Asian Development Bank (ADB) as "partners, not rivals" in working for growth of the developing world.
India News | Press Trust of India | Friday July 3, 2015
With focus on enhancing strategic, economic and energy ties, Prime Minister Narendra Modi will travel from July 6 to 13 to five Central Asian countries as also Russia where he will attend the summits of BRICS and Shanghai Cooperation Organisation (SCO).
Thomson Reuters | Monday June 29, 2015
China will hold a 30.34 per cent stake in the Asian Infrastructure Investment Bank (AIIB), its finance ministry said on Monday, making Beijing the largest shareholder in a multilateral institution that will project the country's growing soft power.
World News | Reuters | Sunday June 28, 2015
One of China's biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.
India News | Press Trust of India | Thursday June 25, 2015
The New Development Bank (NDB), promoted by BRICS nations, is expected to begin operations by April next year, its first President KV Kamath said today.
World News | Agence France-Presse | Thursday June 25, 2015
Nepal is to host a major meeting of donors Thursday to raise funds to rebuild the quake-devastated country, hoping to dispel doubts that money will be lost to corruption and reconstruction hamstrung by red tape.