News Releases

ADB Invests in Clean Fuels Company in India

ADB has invested in a joint venture company that will introduce clean fuels for vehicles and piped natural gas for domestic, industrial, and commercial users in the city of Kanpur, state of Uttar Pradesh, in India.

ADB Record $1 Billion Loan to Help Reform Rural Finance in India

ADB is lending US$1 billion - its biggest ever regular loan - to promote inclusive growth and help improve the quality of life of India’s rural poor through the provision of affordable financial services.

ADB Financing to Improve Urban Infrastructure in Northern Region of India's Karnataka State

ADB will help the Indian state government of Karnataka rehabilitate existing and construct new urban infrastructure in the north of the state, through a multitranche financing facility of up to US$270 million.

Closer Economic Ties Will Help South Asia Tap Full Economic Potential, Senior ADB Official Says

India's economic performance in the past two decades has been remarkable, but closer subregional integration would help the country and its neighbors to achieve their full economic potential, a senior ADB official told a press briefing today.

Improved Governance, Infrastructure Key to Higher South Asia Growth, Says ADB Report

A new ADB report says that improved governance, better quality of regulation and infrastructure can help South Asian economies emerge as the "New Tigers" of Asia.

Many Asian Countries Falling Short of MDG Targets, Joint Report Says

The Asian and Pacific region as a whole is on track to achieve most of the Millennium Development Goals, but progress in many individual countries is slow and performance on some vital targets is unsatisfactory, according to a new report released today.

South Asia MDG Forum Opens with Urgent Call to Cut Down Maternal Mortality and Reduce Poverty

Over 100 experts gathered in Kathmandu, Nepal, yesterday to try to build a clear and workable road map toward realizing the Millennium Development Goals which are in need of revitalization.

ADB Conference Aiming to Boost Investment to Meet Asia's Water Challenges

A Water Financing Program Conference opened yesterday at ADB's Manila Headquarters aiming to accelerate water investments for the five participating countries.

Visiting ADB DG Discusses Raising Assistance Levels to India

ADB's Director General for South Asia, Kunio Senga, concluded a week-long visit to India today, during which he discussed raising ADB's assistance program to India through 2009.