Asian Development Bank (ADB)

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

ADB may aid State tourism projects

Tourism in Assam is set to get a boost with the Asian Development Bank (ADB) likely to include the State in its financial assistance programme for tourism infrastructure development. The State Government has submitted a proposal to this effect to ADB. Official sources told The Assam Tribune that the State …

ADB to provide $23m for transport projects

The Asian Development Bank has made a pledge of $23 million to Bangladesh as technical assistance loan for a series of regional transport projects. Under the proposed Sub-regional Transport Project Preparatory Facility, the loan will facilitate the scheme for cross-border routes identified in Saarc's Regional Multimodal Transport Study, ADB officials …

Centres sanctions road project for NE

The Cabinet Committee on Economic Affairs today sanctioned a project

24x7 water supply plan in pipeline for MCC

The project is likely to cost about ` 137.42 crore Mangalore, The Crisil Infrastructure Advisory Ltd presented report on the preliminary study on the implementation of 24X7 water supply in MCC limits at MCC hall here on Wednesday. Presenting the report, the official from the Crisil Infrastructure said that the …

Scheme to revive an idle sewerage network

KOLLAM: For almost 30 years a sewerage network laid for the western parts of Kollam city had been lying idle and forgotten. No one remembers the exact cost at which it was laid. But now, a scheme has been evolved to assess whether the network can be utilised. The Kerala …

Food inflation eases to 8.53 per cent

After a consistent rise in the past two weeks, food inflation dipped to 8.53 per cent for the week ending April 23 compared with 8.76 per cent in the previous week. The fall has come on the back of a downward slide of 7.39 per cent in prices of pulses, …

ADB team in Valley to finalise project

SRINAGAR, Asian Development Bank (ADB) Mission, currently on a 5 day visit to the State to finalize sub-projects to be taken up under the Tranche-2 of Loan-II (J&K; Urban Sector Infrastructure Development Program - JKUSDIP) being executed by J&K; Economic Reconstruction Agency (ERA), held extensive discussions here today with a …

Pakistan may have 335 million souls in 2050, says ADB report

Pakistan is projected to have 335 million population by 2050 that is 81.4 percent more than the existing population, an Asian Development Report 'Asia 2050, Realizing the Asian Century' says. According to the report, Asia in 2050 will be heavily influenced by the relative demographic weight of South Asia. By …

By 30, every 5th person in world will be an Indian

Population Will Fall After Peak Of 1.7 B In 2060 India

AJK can provide 20,000mw power on cheap rates

The Azad Jammu and Kashmir government can provide 20,000 mw cheaper electricity to Pakistan to get rid of the chronic problem of load shedding of power permanently, said AJK Prime Minister Attique Ahmad Khan here on Sunday. Talking to reporters, he said that Pakistan and AJK have vast potential of …

Rising food prices to affect India's growth next year: ADB

Rising global food prices in 2011 are likely to have greater repercussions on India

High food prices a new threat to Asia

Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) warned on Tuesday. In …

Pricey Food & Fuel to Singe India: ADB

Inflation to bog down growth, push lakhs into poverty Rising food and fuel prices could hurt growth in India and push millions of countrymen into extreme poverty, Asian Development Bank said on Tuesday. India will be badly affected by high food prices as a 10% increase could push close to …

India likely to extend TAPI pact deadline

Ministerial discussions between the four countries to start tomorrow. India is likely to extend the deadline for signing a gas sales and purchase agreement for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. Under the gas transportation agreement, signed by the four countries, the GSPA between India and Turkmenistan had to be signed by …

Fluorescent lamps project: ADB to provide $40 million

The Asian Development Bank (ADB) will provide $40 million for "National Compact Fluorescent Lamps (CFLs) Project." In a written reply to the National Assembly, Finance Minister Hafeez Sheikh said the ADB was providing Pakistan a Multi-tranche Financing Facility for Energy Efficiency Investment Programme. He said at present, there was only …

$150m ADB aid to scale up solar power use

In a bid to diversify India's energy mix towards renewable sources, the Asian Development Bank (ADB) will provide up to $150 million in credit guarantees to local and foreign commercial banks in the country that finance private sector solar power plants. The guarantees will help mobilise long-term funding for solar …

$150 million ADB guarantee to support solar power

The Asian Development Bank (ADB) will provide up to $150 million in credit guarantees to help India scale up use of solar power as a major renewable energy source. The guarantees, according to an ADB statement here, will be available to local and foreign commercial banks that finance private sector …

Dispur yet to sign loan papers - Move to speed up agreement for adb funds

Guwahati, April 17: Dispur is expediting the signing of the $120-million loan agreement for the Assam integrated flood and riverbank erosion risk management investment programme to stop the Asian Development Bank

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