The society needs a proper balance between the state, market and voluntary organisations to proceed on the path of balanced development, Asian Development Bank deputy country director Sudipto Mundle said.
A huge market for private equity investment is waiting to be tapped in India and China, the two rapidly growing economies of the world, speakers at the ongoing annual general meeting of Asian Development Bank (ADB) said.
The Asian Development Bank has given a loan of $313.6 million to the Indian Railways for strengthening its golden quadrilateral project, an official release said on Wednesday.
A Dubai government supported company has awarded a sub-contract to India-based Larsen and Toubro for constructing a 108 million Dirham convention centre in Hyderabad.
Amid criticism over engaging experts from multilateral agencies like World Bank, Planning Commission on Wednesday asserted that none of the "outside bodies"
The Asian Development Bank has approved a $400 million loan to build roads in Madhya Pradesh and Chhattisgarh, the bank said in a statement in Manila on Monday.
Finding "sense" in the Common Minimum Programme of the United Progressive Alliance government, the World Bank on Thursday said India could at least grow by 6 per cent over the long term, but containing fiscal deficit was important.
India and Pakistan may require more than two pipeline schemes for importing gas from countries like Iran, Turkmenistan
Asian Development Bank will double its annual assistance to over $2 billion and is expected to lend India $7.3 billion in the next three years.
The Indian economy is likely to slow down a little to 7.6 per cent in the fiscal year 2006 and 7.8 per cent in 2007 as consumption and investment may get affected due to higher inflation, Asian Development Bank said on Thursday.
Highlighting India Inc's drive for fresh investments, FICCI on Thursday called for the revival of development finance institutions by allowing agencies like IFC and ADB to play strategic roles in DFIs.
Asian Development Bank on Monday said India needs to increase investment rate and improve productivity on a massive scale if its economy was to expand beyond 7-8 per cent.
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
Jammu and Kashmir will receive 'liberal financial support' for modernisation projects from the Asian Development Bank, the government said on Thursday.
Haruhiko Kuroda, Japan's former vice-minister of finance for international affairs, has been unanimously elected president of the Asian Development Bank by its Board of Governors.
The bank will have initial authorised capital of $100 billion
The two-day ministerial meeting of Afghanistan, Pakistan and Turkmenistan to formally invite Indian participation in the transnational pipeline project originating from Dauletabad fields in Turkmenistan was cancelled.
Afghanistan, Pakistan and Turkmenistan will meet in Manila on Tuesday to formally invite Indian participation in the transnational pipeline project originating from Dauletabad fields in Turkmenistan.
Expecting India to sustain a high 8.2 per cent GDP growth in next three years, Asian Development Bank on Thursday offered up to $6.47 billion assistance during 2005-07 with special emphasis on agriculture and poor states.
Finance Commission has got new team who are committed to growth initiatives.
India, whose economy is tipped to grow by 7 to 7.5 per cent in 2005-06, on Monday said the projection was not an outcome of mere wishful thinking, but based on aggressive agenda for economic reforms.
India offers a better chance than China to investors to pump money into non-performing assets restructuring as it has a better environment for recovery, according to consulting firm PricewaterhouseCoopers.
ADB would clear the amount by September 2005 and loans would be sanctioned by March 2006.
This will be External Affairs Minister K Natwar Singh's first visit to Pakistan after assuming office.
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