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ADB lowers India’s GDP to 5.8%

Slow progress of economic reforms is expected to pull down India’s growth to 5.8 per cent in the 2013 calendar year from six per cent projected earlier, an Asian Development Bank (ADB) report said on Tuesday.

ADB lowers India's growth projection to 5.6 pc

Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for the current fiscal to 5.6 per cent, from 7 per cent projected earlier, citing falling global demand and impact of delayed

India GDP growth seen at 6.5 % in 2012: ADB

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The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot.

New Delhi to host ADB board meet in 2013

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Delhi will host the 46th annual meeting of the board of governors of the Asian Development Bank (ADB) in May 2013, Finance Minister Pranab Mukherjee said while releasing the logo of the event in the n

Rising income inequality a threat to Asia's growth

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Developing Asia's rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region's growth and stability, but governments can address the problem via

ADB projects moderate increase in GDP to 7% in 2012-13

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Projecting a moderate increase in growth rate for India to 7 per cent in 2012-13, the Asian Development Bank (ADB) on Wednesday said strong economic performance would depend on the country’s abilit

Rising risk of Eurozone-US recession threaten Asian economies: ADB

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Economic growth in emerging East Asia will continue to moderate in 2012 as growing sovereign debt problems in Europe and an anaemic US economy raise the spectre of a deep global economic downturn, the

ADB trims India's growth forecast

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Asia's emerging economies will grow robustly into 2012, led once again by China, although troubles in the United States, Europe and Japan will clip their momentum, the Asian Development Bank said in a

Indian, Chinese middle class could boost global consumption: ADB

Amid sluggishness in demand in the developed world, the Asian Development Bank (ADB) has said that emerging middle class in India and China could become the next leading global consumers.

"The emergi

ADB prods emerging Asia to take inflation threat seriously

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Emerging Asia needs to adapt to a 'new reality' of persistently high commodity prices and cannot let up on fighting inflation despite weak growth in advanced economies, the Asian Development Bank said

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