Asian Development Outlook: GK, General Studies and Current Affairs

ADB signs USD 200 million deal with Reliance for power plant in Bangladesh

The Asian Development Bank (ADB) has signed a $200 million financing deal with the Reliance Bangladesh LNG and Power Limited to build and operate a 718-megawatt combined-cycle-gas-fired power plant in Bangladesh. Highlights As per the ..

ADB slashes Developing Asia growth estimates for 2020

According to the updated Asian Development Outlook report published by Asian Development Bank (ADB), developing Asia, a group of 45 countries in Asia-Pacific region, is expected to post growth of just 0.1% in 2020. This ..

ADB projects India’s GDP growth to 7.3%

According to Asian Development Bank (ADB)’s latest report “Asian Development Outlook (ADO)”, India’s GDP growth has been projected to rise 7.3% in current fiscal year FY19 (2018-19). The report, which was published in April 2018, ..

ADB projects India’s economic growth to 7.3% in 2018-19

In its latest Asian Development Outlook (ADO) 2018, the Manila-based Asian Development Bank (ADB) has stated that India’s economic growth is set to rise to 7.3% in 2018-19 and grow at 7.6% further in FY20 ..

The Asian Development Bank (ADB) downgraded India’s GDP growth forecast for FY18 from 7.4% to 7%

The Asian Development Bank (ADB) has downgraded India’s GDP growth forecast to 7% from 7.4% for financial year 2017-18 due to weakness in private consumption, manufacturing output and business investment. Further, in its latest Asian ..