ADB Report On Growth

Private investment will soften due to higher cost of borrowing for firms, says development bank's outlook

The Indian economy is projected to grow at 11 per cent in the current financial year amid the "strong" vaccine drive, said ADB on Wednesday

Hit hard by Covid-19, South Asia is forecast to contract by 3 per cent in 2020, compared to 4.1 per cent growth predicted in April

According to the report, South Asia will be the fastest growing of all subregions in Asia, Pacific