New Delhi: Finance Minister Pranab Mukherjee will leave on Thursday for Manila to attend 45th annual conference of the Asian Development Bank (ADB) which will discuss the global economic problems and deliberate on steps to promote growth and improve governance. During his stay in Philippines, Mukherjee will hold bilateral talks with Akihiko Tanaka, President, Japan International Cooperation Agency (JICA) as well as with his counterparts from Bangladesh and Bhutan and...
03:01 AM, May 03, 2012
Manila: India has some leeway to get reforms back on track with its long-term growth prospects firm, Tom Byrne, a senior vice president of rating agency Moody's Investors Service, said on Wednesday. "There is no imminent funding crisis because of policy slippages," Byrne told reporters at the Asian Development Bank's annual meeting in Manila, explaining the rating agency's stable outlook for India. Standard & Poor's last week cut India's outlook...10:21 AM, May 02, 2012
Hong Kong: Growing worries about weak demand from key trading partners including the US and Europe prompted the Asian Development Bank to announce on Wednesday that it is trimming its forecast for economic growth in developing Asian countries. The ADB said on Wednesday it is lowering its 2011 growth forecast slightly to 7.5 per cent from 7.8 per cent previously for 45 developing or newly industrializing Asian countries, excluding Japan....08:44 AM, Sep 14, 2011
Hong Kong: China's economy is expected to grow 9.6 per cent in 2011 as fixed asset investment remains a key driver, the Asian Development Bank (ADB) said in a report released in Hong Kong on Wednesday. With inflationary pressures building and a tightened monetary policy, China's GDP growth was forecast moderate this year, compared with a growth of 10.3 per cent in 2010, said the ADB in its 2011 Asian...02:15 PM, Apr 06, 2011
The ADB report said that India will grow at seven per cent in 2010. ...02:19 PM, Sep 22, 2009
The plan was discussed earlier but no action has been taken. ...12:25 PM, Jul 02, 2009
ADB is involved in improving municipal water supply situation in India. ...08:33 PM, Jun 25, 2009
Growth for 2008-09 has been kept at 7.1 per cent with downward risk. ...10:42 PM, Mar 31, 2009
Nations rank low when it comes living standards of citizens. ...07:09 PM, Jul 31, 2007
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