asian development bank

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 |

Venu Rajamony to be President Mukherjee’s press secretary


July 28th, 2012 - 7:07 pm ICT by IANS
New Delhi, July 28 (IANS) Venu Rajamony, joint secretary in the finance ministry and an officer of the 1986 batch of the Indian Foreign Service (IFS), is all set ... Read more...

Posted in Politics |

Bangladesh urges World Bank to release funds for bridge


July 26th, 2012 - 7:28 pm ICT by IANS
Dhaka, July 26 (IANS) Bangladesh has urged the World Bank to release funds for a stalled 10-km bridge across the Padma river in the country, an official said Thursday.The government ... Read more...

Posted in Business |

Over 38 percent of Himachal’s hydropower potential tapped


July 23rd, 2012 - 3:39 pm ICT by IANS
Shimla, July 23 (IANS) Public and private sector companies have harnessed 8,824 MW of hydropower of the estimated potential of 23,000 MW in Himachal Pradesh, a government official said Monday.The ... 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 |

Afghanistan faces existential threat from terror: India (Lead)


July 8th, 2012 - 3:58 pm ICT by IANS
Tokyo, July 8 (IANS) In a veiled reference to Pakistan, India Sunday said Afghanistan faces an "existential threat" from terror emanating from across its borders and urged the world to ... Read more...

Posted in South Asia |

India reminds world of cross-border terror faced by Kabul


July 8th, 2012 - 2:21 pm ICT by IANS
Tokyo, July 8 (IANS) In a veiled reference to Pakistan, India Sunday told the international community of the "existential threat" Afghanistan faces from terrorism emanating from across its borders.It also ... Read more...

Posted in World |

Development banks pledge $175 bn for sustainable transport


June 21st, 2012 - 8:11 am ICT by IANS
Rio de Janeiro, June 21 (IANS) Eight largest multilateral development banks (MDBs) Wednesday announced that they will invest $175 billion to finance more sustainable transportation systems over the coming decade.Rapid ... Read more...

Posted in Business |

Fraud uncovered in Chinese projects with foreign loans


June 19th, 2012 - 4:12 pm ICT by IANS
Beijing, June 19 (IANS) China has uncovered fraud worth 237 million yuan (around $37 million) in projects that used loans from foreign organisations, including the World Bank, Asian Development Bank, ... Read more...

Posted in World |

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 |

Assam to reclaim land lost in erosion


May 23rd, 2012 - 5:56 pm ICT by IANS
Guwahati, May 23 (IANS) The Assam government is launching a mega project to reclaim the land the state has lost over the years due to erosion.A pilot project to reclaim ... Read more...

Posted in Environment |

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 |

World Bank to open office in Myanmar


April 27th, 2012 - 6:53 am ICT by IANS
Washington, April 27 (IANS) The World Bank will open an office in Myanmar in June, a bank official said Thursday."In early June, we will be opening an office in Myanmar, ... 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 |

China’s economy to grow 8.2 percent in 2012: WB (Lead)


April 12th, 2012 - 1:56 pm ICT by IANS
Beijing, April 12 (IANS) China's economy is expected to expand at 8.2 percent in 2012 and 8.6 percent in 2013 as domestic demand will continue to boost the world's second-largest ... Read more...

Posted in Business |

China’s economy to grow 8.2 percent this year: World Bank


April 12th, 2012 - 1:18 pm ICT by IANS
Beijing, April 12 (IANS) China's economy is expected to expand at 8.2 percent in 2012 and 8.6 percent in 2013 as domestic demand will continue to boost the world's second-largest ... 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 |

$826 million ADB loan to India for power transmission


March 30th, 2012 - 8:20 pm ICT by IANS
New Delhi, March 30 (IANS) The Asian Development Bank (ADB) Friday offered $826 million in loans to India for improving the power transmission systems in the country.The money will be ... Read more...

Posted in Business |

Himachal taps 7,923 MW of hydropower


March 29th, 2012 - 3:43 pm ICT by IANS
Shimla, March 29 (IANS) More than 7,000 MW of power has been tapped by hydro projects in Himachal Pradesh, Chief Minister Prem Kumar Dhumal said here Thursday.Till date 7,923 MW ... 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 |

Himachal governor vows to check corruption


March 9th, 2012 - 6:24 pm ICT by IANS
Shimla, March 9 (IANS) The 29-day budget session of the Himachal Pradesh assembly began here Friday with Governor Urmila Singh reiterating the government's commitment to accountability.Addressing the legislators, she said ... Read more...

Posted in Politics |

Pakistan to have water management panel


March 3rd, 2012 - 5:12 pm ICT by IANS
Islamabad, March 3 (IANS) Pakistan plans to set up a "National Water Council" to focus on flood control, irrigation strategies, construction of dams and introduction of water-efficient crops in the ... Read more...

Posted in Business |

ADB loan to improve power distribution in India


February 27th, 2012 - 8:19 pm ICT by IANS
New Delhi, Feb 27 (IANS) The Asian Development Bank (ADB) Monday offered a $350 million loan to improve the power distribution system in Madhya Pradesh, Gujarat and Assam.The Manila-headquartered ADB ... Read more...

Posted in Business |

« Previous Entries

Subscribe