New Delhi: Asian Development Bank (ADB) on Wednesday trimmed growth forecast for India to 7.9% for the current fiscal, from 8.2%, in the wake of subdued growth of major world economies and rising c

KOLKATA, 8 SEPT: The Asian Development Bank (ADB) today cleared the Kolkata Municipal Corporation's proposal to augment the city's water supply and upgrade of sewerage and drainage system.

Underscoring that the growth of a State would be judged best by the quality of well-connected roads, Chief Minister Jayalalithaa on Wednesday announced various projects, including the development of three Chennai roads to international standards and extension of East Coast Road (ECR) up to Kanyakumari.

The National Water Policy 2002 is up for a revision and the Planning Commission is drafting India’s Twelfth Five Year Plan. A country which is fast turning into a “water stressed” nation, one can no more be complacent on water planning. India cannot afford a short-term vision of water resources management anymore.

The US is considering financial support for a $12 billion Diamer Bhasha Dam in an attempt to improve its battered image in the country, reports Guardian.

JAMMU: Minister for Revenue, Relief and Rehabilitation Raman Bhalla has said that Government has sanctioned Rs. 10 crore for immediate restoration of damages caused due to flash floods and incessant rains in Jammu division.

The Asian Development Bank (ADB) would extend loans of up to $500 million to Indian Railways to help improve its services along some of the busiest freight and passenger transport routes.

The State government will implement a Rs.450-crore special tourism development project for the beautification of tourist centres and improvement of basic facilities along the east coast corridor and southern tourist circuit, Tourism Minister Gokula Indira told the Assembly on Tuesday.

China has agreed to provide loan worth $1.6 billion for the much talked about West Seti Hydropower Project.

Prime Minister Syed Yousuf Raza Gilani has appreciated the role of the Asian Development Bank in undertaking the projects in various sectors in Pakistan and expected that this partnership would con