The Asian Development Bank and Singapore Partner Up to Encourage Investment and Innovation Across the Asia-Pacific

Singapore and the Asian Development Bank (ADB) are working alongside each other to stimulate greater investment in the APAC region and to acknowledge the significance of private sector finance. They also aim to achieve inclusive and sustainable development by catalyzing the public sector resource...

ADB PROJECTS CONTRACTION OF 4% IN THE INDIAN ECONOMY IN FY21

Highlights

• As per the report made by ADB, though the petrol prices declined in May, the food inflation went up by 7.4 percent YoY 

• ADB states that Indian economy will jump 5 percent in FY22

• On Friday, Fitch revised its outlook on IDR to nega...

2019 has turned out to be a bad year for the economy of India

With the recession, job loss and companies winding up operations, 2019 has turned out to be a bad year for the economy of India. In the second quarter, the GDP growth rate fell to its lowest for six years. The estimates released by the Central Statistics Office (CSO) revealed that India's GDP...