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This Country Has Highest Living Cost In All Of Asia. Inflation Rate At 25%
This country has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report.
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Asian Development Bank Raises India's Growth Forecast To 7%
The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier.
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World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
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Centre To Give Funds For Computerisation Of All State, UT Cooperatives
In a historic decision and for the first time, registrar of cooperatives of States and Union Territories (UTs) and Agriculture and Rural Development Banks (ARDBs) are being given funds by the Center for computerisation, Ministry of Cooperation said.
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Asian Development Bank Keeps India's Growth Forecast Unchanged At 6.4%
The Asian Development Bank (ADB) on Wednesday retained India's economic growth forecast at 6.4 per cent for the current financial year and 6.7 per cent for the next, saying robust domestic demand will continue to support the region's recovery.
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Asian Development Bank Commits Rs 150 Crore To Tata Power Delhi
Multilateral funding agency ADB today said it proposes to subscribe non-convertible debentures worth Rs 150 crore of Tata Power Delhi Distribution Ltd (TPDDL), to enhance Delhi's power distribution through grid enhancements.
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India's Growth To Slow To 6.4% In 2023-24: Asian Development Bank
The Asian Development Bank today said India's economic growth is expected to moderate to 6.4 per cent in the current financial year due to tight monetary conditions and elevated oil prices.
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World Bank Cuts India's Growth Forecast For 2023-24 To 6.3%
World Bank in its latest India Development Update report has cut India's growth forecast for 2023-24 to 6.3 per cent from earlier 6.6 per cent.
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Major Central Banks Diversifying Away From Dollar: Report
Efforts to develop mutual insurance schemes against shocks resulting from shifts in the US monetary policy too may lead to a more multipolar monetary system, Credit Suisse said in a report.
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India, Asian Development Bank Sign $220 Million Loan To Improve Power Sector In Tripura
The Additional Secretary, Department of Economic Affairs, stated that the project would support the government of Tripura's efforts to strengthen its power sector through replacement of inefficient power plants, strengthening of the distribution network.
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Shriram Finance Secures $100 Million Loan From Asian Development Bank
Shriram Finance Ltd will use the funds to finance its purchase of new and used vehicles across India.
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Asian Development Bank Keeps India's Growth Forecast Unchanged At 7%
Asian Development Bank (ADB): For 2023-24, the GDP growth has been kept unchanged at 7.2 per cent.
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Pakistan to Get CBDC by 2025, State Bank of Pakistan Commits to Adopt Blockchain Technology
Pakistan is accelerating efforts to roll-out its CBDC in the next two years, by 2025. The development was confirmed by the nation’s finance minister, Asad Umar. The State Bank of Pakistan (SBP) has called the country’s initiative to test its CBDC has been called a ‘testament’ to the nation’s openness towards newer technologies.
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RBI Governor-Headed Committee Reviews Global, Domestic Economic Developments
Reserve Bank of India Governor Shaktikanta Das chaired a meeting of the subcommittee of the Financial Stability and Development Council, in which major developments in the global and domestic economy were reviewed.
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Pakistan To Get $500 Million From Asian Bank For Development Program
Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment Bank (AIIB), the country's finance minister Ishaq Dar said on Wednesday.
-
This Country Has Highest Living Cost In All Of Asia. Inflation Rate At 25%
This country has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report.
-
Asian Development Bank Raises India's Growth Forecast To 7%
The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier.
-
World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
-
Centre To Give Funds For Computerisation Of All State, UT Cooperatives
In a historic decision and for the first time, registrar of cooperatives of States and Union Territories (UTs) and Agriculture and Rural Development Banks (ARDBs) are being given funds by the Center for computerisation, Ministry of Cooperation said.
-
Asian Development Bank Keeps India's Growth Forecast Unchanged At 6.4%
The Asian Development Bank (ADB) on Wednesday retained India's economic growth forecast at 6.4 per cent for the current financial year and 6.7 per cent for the next, saying robust domestic demand will continue to support the region's recovery.
-
Asian Development Bank Commits Rs 150 Crore To Tata Power Delhi
Multilateral funding agency ADB today said it proposes to subscribe non-convertible debentures worth Rs 150 crore of Tata Power Delhi Distribution Ltd (TPDDL), to enhance Delhi's power distribution through grid enhancements.
-
India's Growth To Slow To 6.4% In 2023-24: Asian Development Bank
The Asian Development Bank today said India's economic growth is expected to moderate to 6.4 per cent in the current financial year due to tight monetary conditions and elevated oil prices.
-
World Bank Cuts India's Growth Forecast For 2023-24 To 6.3%
World Bank in its latest India Development Update report has cut India's growth forecast for 2023-24 to 6.3 per cent from earlier 6.6 per cent.
-
Major Central Banks Diversifying Away From Dollar: Report
Efforts to develop mutual insurance schemes against shocks resulting from shifts in the US monetary policy too may lead to a more multipolar monetary system, Credit Suisse said in a report.
-
India, Asian Development Bank Sign $220 Million Loan To Improve Power Sector In Tripura
The Additional Secretary, Department of Economic Affairs, stated that the project would support the government of Tripura's efforts to strengthen its power sector through replacement of inefficient power plants, strengthening of the distribution network.
-
Shriram Finance Secures $100 Million Loan From Asian Development Bank
Shriram Finance Ltd will use the funds to finance its purchase of new and used vehicles across India.
-
Asian Development Bank Keeps India's Growth Forecast Unchanged At 7%
Asian Development Bank (ADB): For 2023-24, the GDP growth has been kept unchanged at 7.2 per cent.
-
Pakistan to Get CBDC by 2025, State Bank of Pakistan Commits to Adopt Blockchain Technology
Pakistan is accelerating efforts to roll-out its CBDC in the next two years, by 2025. The development was confirmed by the nation’s finance minister, Asad Umar. The State Bank of Pakistan (SBP) has called the country’s initiative to test its CBDC has been called a ‘testament’ to the nation’s openness towards newer technologies.
-
RBI Governor-Headed Committee Reviews Global, Domestic Economic Developments
Reserve Bank of India Governor Shaktikanta Das chaired a meeting of the subcommittee of the Financial Stability and Development Council, in which major developments in the global and domestic economy were reviewed.
-
Pakistan To Get $500 Million From Asian Bank For Development Program
Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment Bank (AIIB), the country's finance minister Ishaq Dar said on Wednesday.
