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International Monetary Fund (IMF)

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Tue, Oct 22, 2024

India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.

Open to exploring more ways to increase India's collaboration with IMF: FM Nirmala Sitharaman

Open to exploring more ways to increase India's collaboration with IMF: FM Nirmala Sitharaman

Sat, Aug 17, 2024

During the meeting, Gopinath congratulated the Finance Minister on policy continuity in the fiscal consolidation path being followed by the Government of India.

IMF releases $336 million tranche to Sri Lanka amid 'knife-edged' path to debt sustainability

IMF releases $336 million tranche to Sri Lanka amid 'knife-edged' path to debt sustainability

Thu, Jun 13, 2024

The IMF has disbursed the third tranche of USD 336 million from its USD 2.9 billion bailout package to Sri Lanka, despite the caution that the economy of the cash-strapped nation remains vulnerable.

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India's economic recovery progressing well, says Aditya Birla Group Chairman Kumar Mangalam Birla

India's economic recovery progressing well, says Aditya Birla Group Chairman Kumar Mangalam Birla

Mon, Jul 25, 2022

On the world economy, Birla said growth forecasts have been slashed.

Lay-offs rise as stagflation worries mount; Zee Business' research explains impact

Lay-offs rise as stagflation worries mount; Zee Business' research explains impact

Thu, Jun 30, 2022

Institutions such as the World bank and International Monetary Fund (IMF) expect the growth rate to be slow worldwide

Pakistan hikes prices of petroleum products by Rs 30 per litre, Check why?

Pakistan hikes prices of petroleum products by Rs 30 per litre, Check why?

Fri, May 27, 2022

The government hiked fuel prices so that it can resume receiving aid from a $6 billion package signed with the International Monetary Fund (IMF) in 2019, the country`s finance minister Miftah Ismail said.

FM Nirmala Sitharaman US Visit: IMF chief hails India for its well-targeted policy mix to keep economy resilient

FM Nirmala Sitharaman US Visit: IMF chief hails India for its well-targeted policy mix to keep economy resilient

Tue, Apr 19, 2022

During her conversation with the finance minister, the IMF MD stressed India’s commitment to support economic growth through capital expenditure. She also praised India for its nuclear policy.

Days after Taliban take over, International Monetary Fund blocks Afghanistan’s access to emergency reserves

Days after Taliban take over, International Monetary Fund blocks Afghanistan’s access to emergency reserves

Thu, Aug 19, 2021

The International Monetary Fund (IMF) has announced to block Afghanistan`s access to the emergency reserve worth USD 460 million as the Taliban`s control over the country has drawn uncertainty for the country`s future, a media report said.

Youth inactivity highest in India among emerging markets: IMF economist

Youth inactivity highest in India among emerging markets: IMF economist

Wed, Mar 06, 2019

Bluedorn was speaking on labour market in emerging and developing economies at an event organised by Brookings India.

Not dissatisfied with functioning of RBI, Arun Jaitley says in Lok Sabha

Not dissatisfied with functioning of RBI, Arun Jaitley says in Lok Sabha

Sat, Dec 29, 2018

"No, madam," Jaitley said to a question whether the government is not satisfied about the functioning of the RBI.

IMF warns storms clouds gathering for global economy

IMF warns storms clouds gathering for global economy

Tue, Dec 11, 2018

"But like many of you, I see storm clouds building, and fear the work on crisis prevention is incomplete," he said at banking conference hosted by Bloomberg.

Important for Indian govt to heed RBI's message on financial stability, says IMF Chief Economist

Important for Indian govt to heed RBI's message on financial stability, says IMF Chief Economist

Mon, Dec 10, 2018

It is important for the Indian government to heed the RBI's message on financial stability, IMF's Chief Economist Maurice Obstfeld said Sunday, amidst reports of friction between the central bank and the Finance Ministry.

Structural reforms helping India absorb global shocks, official says

Structural reforms helping India absorb global shocks, official says

Mon, Oct 15, 2018

Addressing the annual meeting of the International Monetary Fund (IMF) in Bali on Saturday, Economic Affairs Secretary S.C. Garg expressed hope that prudent policy measures being undertaken in India would also help it contain the stress triggered by the high oil prices.

'India would also be adversely affected by a slowdown in global trade'

'India would also be adversely affected by a slowdown in global trade'

Wed, Sep 26, 2018

International Monetary Fund (IMF) hints that rising global trade tensions could have a negative impact on growth by creating uncertainty and thereby dampening investment, including foreign direct investment (FDI). However, IMF observes that a slowdown in global trade and lower oil prices could obviate the need to further rate hikes in India.

FPIs continue bullish stance on India, infuse Rs 5,100-cr in Aug

FPIs continue bullish stance on India, infuse Rs 5,100-cr in Aug

Sun, Sep 02, 2018

According to the latest depository data, foreign portfolio investors (FPIs) pumped in a net sum of Rs 1,775 crore into equities in August and a net amount of Rs 3,414 crore into the debt market, taking the total to Rs 5,189 crore.

Series of reforms transformed economy: Arun Jaitley

Series of reforms transformed economy: Arun Jaitley

Mon, Aug 27, 2018

The finance minister said the International Monetary Fund (IMF) holds bilateral discussions with its members usually every year.

Germany to trump Japan again with world''s largest current account surplus: Ifo

Germany to trump Japan again with world''s largest current account surplus: Ifo

Mon, Aug 20, 2018

The International Monetary Fund and the European Commission have for years urged Germany to do more to lift domestic demand and imports as a way to reduce global economic imbalances and stimulate growth elsewhere. Since his election, U.S. President Donald Trump has also criticised Germany`s export strength.

More RBI rate hikes on way? Will IMF get what it wants?

More RBI rate hikes on way? Will IMF get what it wants?

Thu, Aug 09, 2018

With demand recovering and rising oil prices, medium-term headline inflation has risen to 4.9 per cent in May 2018, above the mid-point of the RBI's headline inflation target band, said the Washington-headquartered multilateral lending agency.

India on track to stay among fastest growing economies: IMF

India on track to stay among fastest growing economies: IMF

Thu, Aug 09, 2018

IMF mission chief for India Ranil Salgado said the Indian economy at present is like "an elephant starting to run".

Proud moment! 'This elephant has started to run'

Proud moment! 'This elephant has started to run'

Thu, Aug 09, 2018

In its annual assessment of the Indian economy, the International Monetary Fund (IMF) sees all engines of growth – investment, consumption and exports – revving up and charging towards a 7.3% growth this fiscal despite the shadows of trade war and firm global crude prices looming large.

Here's how banks can save themselves from NPA stress

Here's how banks can save themselves from NPA stress

Wed, May 03, 2017

Bad loans are one of the reasons why banks are currently suffering through higher provisions, deterioration in asset quality, higher slippages and thus lower earnings.

Demonetisation sucked in cash like vacuum cleaner: IMF official

Demonetisation sucked in cash like vacuum cleaner: IMF official

Fri, Feb 24, 2017

Real GDP growth is projected to slow to 6.6% in FY2016/17 and then rebound to 7.2% in FY2017/18.

India's foreign exchange reserves over $371 billion

India's foreign exchange reserves over $371 billion

Sat, Oct 08, 2016

According to data released by the RBI on Friday, the reserves stood at around $371.99 billion as on September 30, as against $370.76 billion as on September 23.

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