Page 4 - Adb

ADB distances itself from Pakistan's 'premature' claim of $3.4 billion loan

In its statement, the ADB confirmed the meetings with the government members and discussions on loans

ADB backs govt's basic income plan, but cautions against loan waivers

ADB warned that the loan waivers will scale up lending to over Rs 30,000 cr

ADB to give $31 mn loan to develop tourism and boost jobs in Tamil Nadu

This loan is a part of Infrastructure Development Investment Program for Tourism (IDIPT)

ADB inks 3 loan pacts with India worth $574 mn for infrastructure projects

As part of the loan agreements, ADB will provide $ 300 million to support lending by India Infrastructure Finance Company Ltd

Will raise annual lending to India by $4 bn during 2018-22: ADB

It'll be complemented by technical assistance to undertake strategic studies, build capacities and prepare projects

ADB lowers India growth forecast for FY18

Demonetisation and GST have dented consumer spending and business investment, the multilateral lender stated

ADB proposes $10-bn loan for India over next 5 years

Further reforms in the Foreign Direct Investment norms as well as labour rules are needed in India, Asian Development Bank (ADB) President Takehiko Nakao has told the government.In the country on a three day trip, Nakao on Thursday told the press that India's investment norms as well as domestic industrial policies need to be reviewed further to better integrate the economy with the larger region. He has met Finance Minister Arun Jaitley as well as Commerce and Industry Minister Nirmala Sitharaman.Commenting on the multiplicity of tax rates under the new Goods and Services Tax regime, Nakao said the government will need to be careful to reconcile the rates carefully. He also pointed out that the relationship between the two different tax enforcement authorities - at the central and state level - need to be made clearer.Nakao's visit also included consultations with the government on greater lending by the multilateral agency to India - to the tune of $ 10 billion. Of this amount, ...

ADB to provide $275 mn loan for water supply project in MP

Govt will provide $124 mn counterpart support for the project, which will be completed by June 2022

ADB approves $175 mn loan to Power Grid Corp

The project funding will improve the capacity and efficiency of interstate transmission networks

ADB operations reach a record $31.5 bn in 2016

Non-concessional loans from ADB's Ordinary Capital Resources amounted to $14.4 billion

ADB to fund millions of LED lights, pumps across India

The entire exercise could save energy to the tune of 3,800 gigawatt-hours per year

ADB to loan $631 mn to first coastal corridor

The loan includes $500 mn for financing infrastructure and a $125 million component to help policy interventions by the government

Coastal industrial corridor: ADB approves $631 mn loan

The fund will help develop the first key 800-km section of the planned 2,500-km East Coast Economic Corridor

ADB trims developing Asia growth forecast; India on track

The Asian Development Bank said South Asia is expected to be the fastest growing subregion led by India

ADB trims 2016 growth forecast for developing Asia on Brexit vote

Is now expected to expand 5.6% this year

ADB to give $100 mn loan for water projects in Tamil Nadu

Lack of investment over many years has left irrigation systems unable to meet user demand and increasingly vulnerable to floods and droughts

ADB extends $500-million loan for river bridge in Bihar

The 9.8 km road bridge in the state will be country's longest river bridge

ADB approves $100 million loan for irrigation system in Tamil Nadu

Project will strengthen embankments of six major water channels in Vennar system to make them more resilient to floods

India, ADB sign $120 million loan pact for irrigation in Odisha

Selected areas for investment program are Baitarani, Brahmani, Budhabalanga and Subernarekha river basins and parts of Mahanadi delta