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UN Climate Bank Bets On Underfunded Clean Tech In India
The Asian Development Bank and the UN Green Climate Fund are set to launch a financial facility to bolster emerging clean technologies in India.
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India Red-Flags $800 Million Asian Development Bank Aid Package To Pakistan
India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position.
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Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
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"Not True": Centre Rejects Reports On Minister-ADB Chief Talks On Pak
The Finance Ministry this evening denied media reports that claimed Union Finance Minister Nirmala Sitharaman discussed issues related to Pakistan with Asian Development Bank chief Masato Kanda, and her Italian counterpart Giancarlo Giogetti.
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This Country Has Highest Living Cost In All Of Asia. Inflation Rate At 25%
This country has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report.
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Asian Development Bank Raises India's Growth Forecast To 7%
The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier.
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World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
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Centre To Give Funds For Computerisation Of All State, UT Cooperatives
In a historic decision and for the first time, registrar of cooperatives of States and Union Territories (UTs) and Agriculture and Rural Development Banks (ARDBs) are being given funds by the Center for computerisation, Ministry of Cooperation said.
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Pakistan to Get CBDC by 2025, State Bank of Pakistan Commits to Adopt Blockchain Technology
Pakistan is accelerating efforts to roll-out its CBDC in the next two years, by 2025. The development was confirmed by the nation’s finance minister, Asad Umar. The State Bank of Pakistan (SBP) has called the country’s initiative to test its CBDC has been called a ‘testament’ to the nation’s openness towards newer technologies.
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Pakistan To Get $500 Million From Asian Bank For Development Program
Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment Bank (AIIB), the country's finance minister Ishaq Dar said on Wednesday.
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World Bank, UN Body Sign $20 Million Partnership To Support Afghanistan
The United Nations Development Progamme (UNDP) has signed a USD 20 million partnership agreement with the World Bank to support humanitarian, economic, and social development initiatives across all eight regions and 34 provinces of Afghanistan.
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Russia-Ukraine War Threatens India's Economic Recovery: RBI Deputy Governor
The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.
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‘Nothing Grows as Fast as Cryptocurrency’: Kyrgyzstan Deputy of Parliament Bats for Crypto
Karim Xanzheza, Deputy of the Parliament of Kyrgyzstan, has called for a sincere consideration of legalising cryptocurrency in the central Asian nation. The politician has urged financial authorities to consider research and development on a national digital currency as well.
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Pakistan Accumulates Over $10 Billion In New Debt During Covid: Report
Asian Development Bank released a report which states that Pakistan has accumulated over USD10 billion in new debt during the Covid-19 pandemic.
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Asian Bank Tracks Projects In India From Space Amid Covid Travel Bans
In a world of Covid travel bans, the Asia Infrastructure Investment Bank has found an unusual way of keeping tabs on major development projects in places like India and Turkey that staff can't visit: tracking progress from space.
-
UN Climate Bank Bets On Underfunded Clean Tech In India
The Asian Development Bank and the UN Green Climate Fund are set to launch a financial facility to bolster emerging clean technologies in India.
-
India Red-Flags $800 Million Asian Development Bank Aid Package To Pakistan
India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position.
-
Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
-
"Not True": Centre Rejects Reports On Minister-ADB Chief Talks On Pak
The Finance Ministry this evening denied media reports that claimed Union Finance Minister Nirmala Sitharaman discussed issues related to Pakistan with Asian Development Bank chief Masato Kanda, and her Italian counterpart Giancarlo Giogetti.
-
This Country Has Highest Living Cost In All Of Asia. Inflation Rate At 25%
This country has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report.
-
Asian Development Bank Raises India's Growth Forecast To 7%
The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier.
-
World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
-
Centre To Give Funds For Computerisation Of All State, UT Cooperatives
In a historic decision and for the first time, registrar of cooperatives of States and Union Territories (UTs) and Agriculture and Rural Development Banks (ARDBs) are being given funds by the Center for computerisation, Ministry of Cooperation said.
-
Pakistan to Get CBDC by 2025, State Bank of Pakistan Commits to Adopt Blockchain Technology
Pakistan is accelerating efforts to roll-out its CBDC in the next two years, by 2025. The development was confirmed by the nation’s finance minister, Asad Umar. The State Bank of Pakistan (SBP) has called the country’s initiative to test its CBDC has been called a ‘testament’ to the nation’s openness towards newer technologies.
-
Pakistan To Get $500 Million From Asian Bank For Development Program
Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment Bank (AIIB), the country's finance minister Ishaq Dar said on Wednesday.
-
World Bank, UN Body Sign $20 Million Partnership To Support Afghanistan
The United Nations Development Progamme (UNDP) has signed a USD 20 million partnership agreement with the World Bank to support humanitarian, economic, and social development initiatives across all eight regions and 34 provinces of Afghanistan.
-
Russia-Ukraine War Threatens India's Economic Recovery: RBI Deputy Governor
The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.
-
‘Nothing Grows as Fast as Cryptocurrency’: Kyrgyzstan Deputy of Parliament Bats for Crypto
Karim Xanzheza, Deputy of the Parliament of Kyrgyzstan, has called for a sincere consideration of legalising cryptocurrency in the central Asian nation. The politician has urged financial authorities to consider research and development on a national digital currency as well.
-
Pakistan Accumulates Over $10 Billion In New Debt During Covid: Report
Asian Development Bank released a report which states that Pakistan has accumulated over USD10 billion in new debt during the Covid-19 pandemic.
-
Asian Bank Tracks Projects In India From Space Amid Covid Travel Bans
In a world of Covid travel bans, the Asia Infrastructure Investment Bank has found an unusual way of keeping tabs on major development projects in places like India and Turkey that staff can't visit: tracking progress from space.
