Page 5 - Asian Development Bank

A better alternative to Trump's WeChat ban

By opting for a ban, the US has prioritised optics over sound policymaking, with costs to America that are all too predictable

Asian Development Bank approves Rs 22-cr grant to India to combat Covid-19

The grant will be used to procure thermal scanners and essential commodities to strengthen the India's Covid-19 response

Covid-19 exposes Asian banks' vulnerability to US dollar funding: ADB

US dollar-denominated lending has increased across banks in high-income Asian economies, notes ADB briefing paper

Election Commissioner Ashok Lavasa appointed vice-president of ADB

When contacted, Lavasa said: "I have no information regarding this. The decision will be taken by the bank."

ADB raises $4 billion via bonds to help nations fight coronavirus

Manila-based lender plans to raise around $30 billion to $35 billion from the capital markets in 2020

Beyond the gloom and doom of Covid-19

There is a sharp decline in resistance to change that is catalysing some long pending reforms and transformations in both industry and society

Coronavirus-hit Indian economy to contract by 4% in FY21: ADB forecast

For the countries in developing Asia, ADB forecasts growth of 0.1 per cent for the region in 2020

Developing Asia to 'barely grow' in 2020; India's GDP to shrink by 4%: ADB

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

Asian countries need to focus on PPP to support infrastructure: ADB

PPPs can help by bringing in private sector capital and technical expertise as governments continue to look for value for money in infrastructure provision, the authors said.

Between a stimulus package and a hard place

So, while we have achieved some success on the health front, are the steps taken to revive the economy adequate?

Top headlines: Govt to set up Rs 1-trn agri infra fund, job cuts at Zomato

Business Standard brings to you the top headlines of the day

ADB approves $1.5 billion loan for India to fight coronavirus pandemic

The loan has been sanctioned with a view to support immediate priorities such as disease containment and prevention

ADB triples financial aid for members to $20 billion to fight virus

The Asian Development Bank said it has also approved measures to streamline its operations for quicker and more flexible delivery of assistance

70 vaccines in the works, with three leading candidates, says WHO

The drug industry is hoping to compress the time it takes to get a vaccine to market - usually about 10 to 15 years - to within the next year

ADB pledges $2.2 bn to bolster India's health infrastructure, MSMEs

The ADB president on Friday called Finance Minister Nirmala Sitharaman to discuss the issue and assured support to India in its fight against the coronavirus disease

Coronavirus outbreak: India tally jumps to 2,547 with 478 new cases

The number of active cases stands at 2,322, while 162 people were either cured or discharged and one had migrated, the ministry stated.

Top headlines: World Bank's $1 bn aid for India as ADB cuts growth estimate

Business Standard brings to you the top headlines of the day

Asian Development Bank to invest $100 million in NIIF's fund of funds

With ADB's investment into the NIIF platform, the FoF has now secured $700 million in commitments

Covid-19: US, ADB, World Bank extend aid to help Pakistan fight coronavirus

The number of confirmed coronavirus cases in Pakistan have increased to 454

Asian Development Bank lists masala bonds worth Rs 850 crore on India INX

ADB's masala bonds are listed on both Luxembourg exchange and India INX