The Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...

The Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purc...

Chennai's water infrastructure is set for a major upgrade with a USD 230 million loan from the Asian Development Bank. This initiative aims...

The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...

The Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...

The Asian Development Bank has approved a $42.2 million facility to boost India's northeastern bamboo industry. This initiative aims to enh...

India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...

Mizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...

India is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...

Pakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....

Many Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...

Thirty-seven years ago, China's military violently ended pro-democracy protests in Beijing's Tiananmen Square. The government has never rel...

Tashkent will host a major investment forum from June 16-19. This event aims to establish Central Asia as a new hub for economic growth. Th...

The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-shari...

Mission Karmayogi's next phase, Karmayogi 2.0, will institutionalize capacity building reforms across government systems, with a focus on s...

Supplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...