Gita Gopinath, the India-born, first female chief economist of the International Monetary Fund (IMF), is set to take over as the first deputy managing director (FDMD).
ADB has approved USD 500 million (about Rs 3,752 crore) loan to help the government of India improve the quality of the country's school education and mitigate the impact of the COVID-19 pandemic on students' learning.
Paris-based Organisation for Economic Co-operation and Development (OECD) decreased India's growth forecast to 9.4% for FY22 from 9.7% estimated in September 2021.
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