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Pakistan no to seeking NOC on dam from India


August 14th, 2012 - 12:58 pm ICT by IANS
Islamabad, Aug 14 (IANS) Islamabad has refused to ask India for a no-objection certificate (NOC) needed to get multilateral funding for a dam in the disputed Gilgit-Baltistan region, a media ... Read more...

Posted in South Asia |

Lack of contractors hitting northeast projects: ADB


August 8th, 2012 - 1:09 pm ICT by IANS
Shillong, Aug 8 (IANS) The biggest hurdle in implementing infrastructure projects in the northeastern states is the lack of competent contractors, an Asian Development Bank (ADB) official said Wednesday."One of ... Read more...

Posted in Business |

ADB offers $150 mn loan to improve railway system


July 10th, 2012 - 5:58 pm ICT by IANS
New Delhi, July 10 (IANS) The Asian Development Bank (ADB) has offered $150 million loan for expansion of railway tracks and improving overall service.The programme will help India improve rail ... Read more...

Posted in Business |

Heritage sites in ‘Queen of Hills’ set for facelift (Letter from Shimla)


June 19th, 2012 - 11:06 am ICT by IANS
Shimla, June 19 (IANS) If all goes well, the historic Town Hall here could be restored to its Gothic glory and people will be able to saunter on cobblestones on ... Read more...

Posted in Life Style |

‘Public private partnerships to boost infrastructure in Asia’


May 30th, 2012 - 4:24 pm ICT by IANS
Manila, May 30 (IANS) More public private partnerships (PPP) are needed to boost infrastructure development in Asia Pacific, according to a study commissioned by the Asian Development Bank (ADB)."In order ... Read more...

Posted in Business |

India to cut subsidies to 1.75 percent of GDP in 3 years: Mukherjee


May 5th, 2012 - 8:21 pm ICT by IANS
Manila, May 5 (IANS) The Indian government is committed to bringing down subsidies to below two percent of the country's gross domestic product (GDP) in the current fiscal ... Read more...

Posted in Business |

India assumes ADB board of governors’ chair


May 5th, 2012 - 8:21 pm ICT by IANS
Manila, May 5 (IANS) IndianFinance Minister Pranab Mukherjee was Saturday elected chairman of the board of governors of the Asian Development Bank (ADB) for a year.Mukherjee will hold the ... Read more...

Posted in World |

India will grow at 8-10 percent in coming years: Mukherjee


May 4th, 2012 - 9:53 pm ICT by IANS
Manila, May 4 (IANS) Dismissing all talk of policy inertia, Finance Minister Pranab Mukherjee Friday asserted that the government is focussed on recovering the growth momentum in the economy ... Read more...

Posted in Uncategorized |

ADB urges Asian countries to undertake more reforms


May 4th, 2012 - 4:17 pm ICT by IANS
Manila, May 4 (IANS) The Asian Development Bank (ADB) Friday urged Asian countries to undertake more reforms to support the region's long-term growth.In his speech at the formal opening of ... Read more...

Posted in Business |

Mukherjee to attend ADB meet in Manila


May 2nd, 2012 - 9:53 pm ICT by IANS
New Delhi, May 2 (IANS) Finance Minister Pranab Mukherjee is scheduled to visit Manila this week to attend the annual board of governors' meet of Asian Development Bank (ADB).During ... Read more...

Posted in South Asia |

Delhi to host ADB board meet in 2013


April 28th, 2012 - 5:00 pm ICT by IANS
New Delhi, April 28 (IANS) Delhi will host the 46th annual meeting of the board of governors of the Asian Development Bank (ADB) in May 2013, Finance Minister Pranab ... Read more...

Posted in Business |

Bihar’s hydel project gets Central Water Commission’s nod


April 26th, 2012 - 4:38 pm ICT by IANS
Patna, April 26 (IANS) Power-starved Bihar's 126 MW capacity Dagmara hydro power project in Supaul district has got clearance from the Central Water Commission (CWC), and the state government is ... Read more...

Posted in Environment |

ADB aid to developing countries tops $21.7 bn in 2011


April 26th, 2012 - 2:10 pm ICT by IANS
Manila, April 26 (IANS) The Asian Development Bank (ADB) approved $21.72 billion in financing operations to Asian developing countries in 2011, a 14.5 percent year-on-year increase, according to its 2011 ... Read more...

Posted in Business |

South Korea’s economic growth to slow in 2012: ADB


April 13th, 2012 - 1:35 pm ICT by IANS
Seoul, April 13 (IANS) South Korea's economic growth was expected to slow to 3.4 percent this year as economic downturn in advanced nations may hamper the country's exports, which account ... Read more...

Posted in Uncategorized |

Myanmar to see robust growth: ADB


April 12th, 2012 - 7:15 am ICT by IANS
Bangkok, April 12 (IANS) Myanmar will witness a robust growth as Western countries start to ease sanctions, an Asian Development Bank (ADB) official has said.The ADB projected a six-percent GDP ... Read more...

Posted in Business |

ADB sees Indian economy growing at 7 percent


April 11th, 2012 - 7:38 pm ICT by IANS
New Delhi, April 11 (IANS) India's economic growth is likely to rise marginally to 7 percent this fiscal from 6.9 logged in 2011-12 as global conditions stabilise, the Asian Development ... Read more...

Posted in Business |

China’s GDP growth to hit 8.5 percent this year: ADB (Lead)


April 11th, 2012 - 3:00 pm ICT by IANS
Beijing, April 11 (IANS) China's economic growth is set to moderate slightly over the next two years but will exceed 8 percent on the back of strong investment, rising private ... Read more...

Posted in Business |

ADB says China’s GDP growth to hit 8.5 percent


April 11th, 2012 - 1:55 pm ICT by IANS
Beijing, April 11 (IANS) China's economic growth is set to moderate slightly over the next two years but will exceed 8 percent, on the back of strong investment, rising private ... Read more...

Posted in Business |

Pacific region’s economic growth to slow down: ADB


March 13th, 2012 - 2:58 pm ICT by IANS
Manila, March 13 (IANS) Economic growth in the Pacific region is expected to slow to 6.0 percent this year from 7.0 percent in 2011, the Asian Development Bank (ADB) said.The ... Read more...

Posted in Business |

ADB to be tapped for funding Jammu water scheme


January 4th, 2012 - 7:09 pm ICT by IANS
Jammu, January 4 (IANS) The Jammu and Kashmir government will approach the Asian Development Bank (ADB) to seek monetary assistance for the launch of a major water supply scheme.Chief Minister ... Read more...

Posted in National |

Food security bill not sustainable: ADB official


December 20th, 2011 - 10:00 pm ICT by IANS
New Delhi, Dec 20 (IANS) The food security bill, that seeks to legally entitle majority of India's population to cheaper foodgrains, is not sustainable as it would put further ... Read more...

Posted in Business |

China gets $800 mn loan to clean up lake


December 20th, 2011 - 5:45 pm ICT by IANS
Beijing, Dec 20 (IANS) The Asian Development Bank (ADB) has approved loans worth $800 million to China's east Anhui province to improve the water and surrounding environment of a major ... Read more...

Posted in Environment |

`Rising risk of Eurozone-US recession threaten Asian economies’


December 6th, 2011 - 2:53 pm ICT by IANS
Manila, Dec 6 (IANS) Economic growth in emerging East Asia will continue to moderate in 2012 as growing sovereign debt problems in Europe and an anaemic US economy raise the ... Read more...

Posted in Business |

Indonesian economy may rise 6.7 percent in Q4


November 25th, 2011 - 1:27 pm ICT by IANS
Jakarta, Nov 25 (IANS) Indonesia's economy could grow by 6.7 percent in the fourth quarter should the government speed up spending amid high investment and consumption, Asian Development Bank (ADB) ... Read more...

Posted in Business |

Welcome CPI-M’s discussions on re-looking ideology: Chandy


November 18th, 2011 - 4:55 pm ICT by IANS
Thiruvananthapuram, Nov 18 (IANS) Kerala Chief Minister Oommen Chandy Friday welcomed discussions within Communist Party of India-Marxist's (CPI-M) re-looking its ideology."I whole-heartedly welcome their discussions on the revamp of their ... Read more...

Posted in Uncategorized |

Bengal warns businessmen of action for not paying taxes


November 15th, 2011 - 6:02 pm ICT by IANS
Kolkata, Nov 15 (IANS) Observing that West Bengal had a low tax compliance rate, state Finance Minister Amit Mitra Tuesday urged the business community to cooperate with the government in ... Read more...

Posted in Business |

$3 mn ADB flood aid for Pakistan


October 28th, 2011 - 3:19 am ICT by IANS
Islamabad, Oct 28 (IANS) The Asian Development Bank (ADB) will give $3 million in flood aid to Pakistan, it said Thursday.The fund will help the National Disaster Management Authority (NDMA) ... Read more...

Posted in Uncategorized |

Europe must find solution to its debt crisis: Pranab


October 17th, 2011 - 9:47 pm ICT by IANS
New Delhi, Oct 17 (IANS) Finance Minister Pranab Mukherjee said Monday that Europe will have to find its own solutions to the sovereign debt crisis that some countries ... Read more...

Posted in Business |

India, ADB mark 25 years of partnership


October 11th, 2011 - 5:09 pm ICT by IANS
New Delhi, Oct 11 (IANS) India and the Asian Development Bank (ADB) will next week mark 25 years of partnership and discuss ways to keep up the momentum of ... Read more...

Posted in Business |

ADB to fund Chhattisgarh road projects


October 11th, 2011 - 3:05 pm ICT by IANS
Raipur, Oct 11 (IANS) The Asian Development Bank (ADB) will provide over Rs.354 crore to Chhattisgarh, India's key mineral-rich state, for renovation and reconstruction of its six major roads, the ... Read more...

Posted in Business |

ADB to fund two flyovers in Kashmir


October 8th, 2011 - 9:22 pm ICT by IANS
Srinagar, Oct 8 (IANS) The Asian Development Bank (ADB) has agreed to fund two flyovers in the two capital cities of Jammu and Kashmir, at a cost of Rs.350 ... Read more...

Posted in National |

Zero tolerance for graft: Patil


September 28th, 2011 - 6:51 pm ICT by IANS
New Delhi, Sep 28 (IANS) India is committed to greater accountability in governance and follows a policy of "zero tolerance" towards corruption, President Pratibha Patil said here Wednesday."We are ... Read more...

Posted in Uncategorized |

Government getting information on black money: Khurshid


September 26th, 2011 - 5:52 pm ICT by IANS
New Delhi, Sep 26 (IANS) Through bilateral treaties, the Indian government has received crucial information on black money from Switzerland and other tax havens and would take action to ... Read more...

Posted in Uncategorized |

Economic slowdown may dent capital flows in Asia: ADB


September 1st, 2011 - 2:28 pm ICT by IANS
Seoul, Sep 1 (IANS) Severe economic slowdown in major economies such as the US and Europe could destabilise capital flows in East Asian economies, a senior Asian Development Bank (ADB) ... Read more...

Posted in Business |

ADB offers $52 mn loan to curb coastal erosion in India


August 17th, 2011 - 8:32 pm ICT by IANS
New Delhi, Aug 17 (IANS) The Asian Development Bank (ADB) Wednesday offered a $51.55 million loan to help curb coastal erosion in Karnataka and Maharashtra.This is the first tranche of ... Read more...

Posted in Business |

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