New Delhi, Sep 22 (IANS) Owing to increased public spending and improved business confidence, the Asian Development Bank (ADB) has hiked its growth forecast for India from 5 percent to 6 percent this fiscal.
The update to ADB’s Asian Development Outlook (ADO) 2009 report released Tuesday said that India will grow at 7 percent in 2010, [...]
Manila, Sep 22 (Xinhua) The overall economic expansion of developing Asia this year was expected to rise to 3.9 percent, sustained by the region’s larger economies like China and India, the Asian Development Bank said in a report Tuesday.
The update to ADB’s flagship annual economic publication Asian Development Outlook, upgraded its forecast of the region’s [...]
Manila, Sep 22 (Xinhua) China’s economy rebounded stronger than expected and was now forecast to expand by 8.2 percent in 2009, the Asian Development Bank (ADB) said in a report released Tuesday.
The Asian Development Outlook 2009 Update forecast that a surge in bank lending and fixed asset investments would push growth 1.2 percentage points higher [...]
Manila, Sep 22 (Xinhua) The Indian economy is expected to grow by 6 percent in 2009 as capital inflows, industrial production and business confidence soar, the Asian Development Bank (ADB) said Tuesday.
In the Asian Development Outlook 2009 Update, the bank said that while agricultural output for 2009 was expected to remain stunted and exports weak, [...]
