ADB has approved USD 500 million (about Rs 3,752 crore) loan to help the government of India improve the quality of the country's school ed...

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement. "ADB tod...

As per an official release by the Ministry of Finance, "Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs in the Min...

"The forecast, for the 12 months ending 31 March 2022, takes into account disruptions in economic activity caused by the second COVID-19 pa...

India's GDP growth recovered to 1.6 per cent in the last quarter of fiscal year ended March 2021, narrowing contraction in the whole fiscal...

The government had in May announced a nearly Rs 21 lakh crore stimulus package to help the nation tide over the economic crisis induced by ...

India's growth outlook remains highly vulnerable to either a prolonged outbreak or a resurgence of cases, with the country now having one o...

China will buck the trend and is forecast to expand 1.8% this year -- unchanged from June’s projection -- as successful public health measu...

President Ram Nath Kovind has accepted the resignation of Ashok Lavasa as Election Commissioner, a notification by the Ministry of Law and ...

Lavasa, the sources said, has sent his resignation to Rashtrapati Bhavan and has requested to be relieved on August 31.

The countries likely to face more severe effects from the pandemic-induced decline in remittance inflows are the ones where remittance shar...

Developing Asia will barely grow in 2020, as containment measures to address the coronavirus disease (COVID-19) pandemic is expected to ham...

ADB President Masatsugu Asakawa commended government's $23 bn relief package to help the poor.

India's economic growth for 2019-20 has been estimated at 5 per cent by the National Statistics Office (NSO). The Manila-headquartered agen...

The global Covid-19 tally has gone well past a million now and casualties are well over 50,000. In view of the deepening crisis, the World ...

The Luxembourg-headquartered company is the world's largest steel producer with steel-making operations in 18 countries on four continents,...

The Asian Development Bank (ADB) on Friday said the COVID-19 could reduce global gross domestic product (GDP) by 0.1-0.4%, with financial l...