Asian Development Bank

What is Hazratbal Shrine? PM Modi Boosts It’s Development

Amid the 'Viksit Bharat Viksit Jammu Kashmir' program held in Srinagar on March 7, Prime Minister Narendra Modi inaugurated several projects remotely, including a developmental initiative centered on the Hazratbal Shrine. As per the Prime Minister's Office statement, the 'Integrated Development of Hazratbal Shrine' project has resulted in the enhancement...

Pakistan seeks USD 300 million loan from Asian Development Bank for water project

Pakistan has requested the Asian Development Bank (ADB) for a USD 300 million loan for the water project, Dawn reported. The cash-strapped country had already secured a USD 3 billion bailout plan from the International Monetary Fund in July, and still, Pakistan is looking for a loan for the Kurram Tangi...

RBI decides to keep repo rate unchanged at 6.5 pc

The Reserve Bank of India has opted to hold the important benchmark interest rate - repo rate - steady at 6.5 percent, with Governor Shaktikanta Das indicating his willingness to move should the situation justify it. Five of the six members of the MPC voted on Thursday to keep the...