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 …
NEW DELHI: Even as innovative and cheaply priced products targeted at India's booming middle class are helping to spur domestic consumption and growth, this segment of the population remains vulnerable to economic shocks and carefully calibrated policy measures will be needed to sustain income gains in the longer-term, the Asian …
NEW DELHI: The Asian Development Bank (ADB) is extending a $150 million financing facility to India to develop urban infrastructure in the National Capital Region (NCR).The Manila-based bank's board, according to an ADB statement here, approved the
Ranchi, July 16: In an immense impetus to its communication infrastructure, Jharkhand today signed a $ 200 million (approximately Rs 920 crore) loan agreement with Asian Development Bank (ADB) for a two-lane road stretching 311km between Govindpur near Dhanbad and Sahebganj. The road
Resentment prevails among the river engineers here over the persistent pressure from a powerful lobby in the Asian Development Bank (ADB) for use of geo-bags to resist Brahmaputra erosion in Palasbari-Gumi and Dibrugarh. It needs mention here that the State Government is working on a scheme to protect Palasbari, Bankuwal …
The quantum leap in wind power in Asia will come from India as all favourable conditions in terms of potential, technical and support facilities, policy and regulatory environment, a robust manufacturing base and investor confidence are available here. This was stated by Union Minister for New & Renewable Energy Farooq …
Out of the Rs 911 crore project cost including ADB loan, for construction of sea walls in various coastal regions, a sum of Rs 223 crore will be utilised for steps to prevent sea erosion in Ullal region, said District-in-Charge Minister Krishna J Palemar on Sunday. Speaking to media persons …
The Asian Development Bank will provide Bangladesh $266 million in loans to help address natural gas supply constraints. To this end, an agreement was signed by M Musharraf Hossain Bhuiyan, secretary of Economic Relations Division, and Thevakumar Kandiah, ADB's country director, in Dhaka yesterday, according to a press statement. The …
Media Minister and Cabinet Spokesman Keheliya Rambukwella said US $ 183.9 million has been allocated for road development in several areas. US $ 100 million out of this amount comes from World Bank Funds while the balance is from the Asian Development Bank and the International Development Authority. (IDA) Speaking …
The government is projected to allocate Rs 114 billion for the power sector during the coming financial year 2010-11, 28 percent lower than what was allocated in 2009-10. Sources told Business Recorder that the Water and Power Development Authority (Wapda) and Pakistan Electric Power Company (Pepco) are projected to generate …
International banks that funded French company Lafarge’s cement factory in Bangladesh are putting pressure on the Indian government to allow the company to continue mining limestone in Meghalaya. The limestone was being quarried from East Khasi Hills and transported via a conveyor belt to the Lafarge Surma Cement Plant in …
Jammu: Realising the gravity of the situation, the government has decided to explore the possibility of lifting water from the Chenab as a long-term measure to meet the increasing requirement of potable water in the ever-expanding winter capital. In this regard, Deputy Chief Minister Tara Chand yesterday issued instructions to …
Ahmedabad: An Asian Development Bank (ADB) survey for 2007-08 indicates that each Amdavadi consumes 171 to 200 litres of water a day. This is in stark contrast with the official 143 litres per person per day supplied everyday. The fault lies in mindless use of precious resource like washing vehicles …
Construction may soon begin on the West Seti Hydroelectric Project (WSHP) in the western region of Nepal. The 750-megawatt facility, which will produce power primarily for export to India, involves construction of a 195-meter high dam on the Seti River that will inundate over 2000 hectares of land. The resulting …
The Asian Development Bank (ADB) and the government of Pakistan on Thursday signed an agreement to invest $40 million in energy-efficient and cost-effective compact fluorescent lamps (CFLs). The agreement is part of $1.18 billion Energy Efficiency Investment Programme that underpins Pakistan
Ullal unit of Democratic Youth Federation of India (DYFI) staged a protest in front of Ullal Town Municipal Council on Monday condemning hike in water tariff and disconnecting public taps. The protesters alleged that the TMC is trying to make water a commodity of the rich owing to the conditions …
JAIPUR: The utilisation of external assistance for various projects being implemented in Rajasthan was reviewed at a high-level meeting here on Tuesday with a call to ensure full use of the money received and convert the schemes into
SHILLONG: While other colleagues are busy haggling with the AICC, Finance Minister Dr Mukul Sangma, also in-charge of Health, is vigorously pursuing with the Ministry of Finance and Asian Development Bank for a 150-million dollar loan. Speaking to The Shillong Times from New Delhi, Dr Sangma said the 'Programme Loan' …
