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GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...- ADB report flags Pakistan’s slow digital trade growth, cites poor policy coordination and gaps in infrastructurePakistan lags in digital trade, says Asian Development Bank. Fragmented rules and poor infrastructure are the main causes. Pakistan's digit...
- ADB comes to Pakistan’s rescue after China financing stallsThe Asian Development Bank will fund a $2 billion upgrade of a key 500-km railway stretch in Pakistan, replacing delayed Chinese financing....
- ADB to back Pakistan rail upgrade as China financing stalls, sources sayThe Asian Development Bank (ADB) is set to finance upgrades to a crucial section of Pakistan's railway system, stepping in after delays in ...
- Cash-strapped Pakistan secures USD 655 ADB packageThe ADB approved a financing package for Pakistan under three different loans. Among other components, these include USD 300 million for im...
- India's growth to moderate to 6.4 pc in FY24 : ADBIndia's economy, meanwhile, is expected to grow at a slower pace of 6.4% this year. That follows a 9.1% annual pace of expansion in 2021 as...
- Eco activity still below pre-pandemic level; RBI to slow down on rate cuts till next year: ADBWith economic activity still to reach pre-pandemic levels, the RBI may slow down the pace of rate hikes until next year to quell soaring in...
- ADB cuts India's GDP growth forecast for FY23 to 7% on high inflation, monetary tighteningHigher than expected inflation and monetary tightening will slow down Indian economy's pace of growth, said the Asian Development Bank (ADB...
- Sri Lanka misses ADB payment, PM tells ParliamentThe ADB as well as the World Bank had just promised around 160 million each to Sri Lanka, Wickremesinghe said, but the loan from the Manila...
- Asia deepens regional ties as disruptions roil global tradeForeign direct investment into the region also remained resilient, slipping only 1.3% in 2020 compared to a decline of nearly 35% globally.
- ADB distances itself from Pakistan's 'premature' claim of $3.4 billion loanThe US has serious reservations over global lenders like the IMF providing a bailout to Pakistan to pay off Chinese debts.
- PM Narendra Modi wants Asian Development Bank to take up railway sector, make 'impact'Modi invited Asian Development Bank to take up India's railway sector as priority and complete one transformational project which will "cre...
- Punjab to get $200 million Asian Development Bank loanADB is also providing a technical assistance grant of $400,000 to raise fiscal management skills of key institutions overseeing reforms in ...
- ADB invests $2 mn in Simpa NetworksMultilateral funding agency ADB today said it has made an investment of USD 2 mn in Simpa Networks, which offers a prepaid payment platform...
- IIFCL, ADB to provide part-guarantee for road projects led by GMR in Andhra PradeshA GMR floated SPV for construction of roads in Andhra Pradesh will raise Rs 316 crore from the bond market on the back of guarantee.
- Exim Bank negotiating $100 million loan from ADB for SME units in backward statesThe problem began after RBI on December 23 last year did away with the ACU mechanism for paying for Iranian crude oil imports.
- ADB plans Rupee-bonds to fund private infrastructure projectsMultilateral institution Asian Development Bank (ADB) could take the lead in routing long-term insurance and pension funds into India’s inf...
- NTPC's $1 bn ADB loan faces tax joltThe country’s leading power utility NTPC, which is taking a $1-billion loan from the Asian Development Bank (ADB), will have to pay withhol...
- ADB approves 620 mn dlr in loans to IndiaIndia is to get two Asian Development Bank loans totalling 620 million dollars to improve rural roads and basic urban services in two state...
- ADB may go for currency swap in Indian mktDemonstrating its support for development of the currency market in India, the Asian Development Bank (ADB) is likely to go in for currency...
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