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Searched Tag: asian development bank
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ADB cuts India’s FY27 GDP growth forecast to 6.6 pc

July 9, 2026, 06:20 PM - 3 min read

The report said the growth outlook for FY2027 is unchanged from April and is supported by improving global conditions, export competitiveness achieved through trade agreements with different partners

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ADB cuts Asia-Pacific growth forecast to 4.9 pc for 2026

July 9, 2026, 04:24 PM - 3 min read

ADB attributed the downgrade largely to prolonged disruptions in global energy markets caused by the continuing conflict in the Middle East, which have weighed more heavily on the region's economic prospects than previously expected.

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The government’s objective in the near future includes installing 30 gigawatts of rooftop solar capacity to achieve annual reductions of 28.8 million tonnes of CO2 emissions, and delivering affordable solar energy to millions of households, which the loan will help in, the bank said

ADB loan to support India’s clean energy mission

December 2, 2025, 07:45 PM - 3 min read

Manila-based Asian Development Bank (ADB) has approved a $650 million loan to India to help the country accelerate its rooftop solar adoption programme

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Govt, ADB ink USD 800 mn loans for projects in three states

November 29, 2025, 07:25 PM - 3 min read

The government of India and the Asian Development Bank signed loan agreements worth over USD 800 million to fund projects in Maharashtra, Madhya Pradesh and Gujarat. The initiatives aim to boost rural power, urban mobility, workforce skills, and promote sustainable development across key sectors.

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The sustainable tourism development initiative will include both a policy-based loan and an investment loan

ADB approves USD 300-mn loan to Sri Lanka

November 18, 2025, 02:59 PM - 2 min read

The funds will be disbursed in three tranches of USD 100 million each for financial sector stability and reform, strengthening macroeconomic resilience and transparency, and a sustainable tourism sector development programme, the Sri Lankan finance ministry said in a press release

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