Tag: Imf

United Nations: The International Monetary Fund (IMF) on Tuesday acknowledged the economic reforms carried out under Prime Minister Narendra Modi and projected India to be the world’s fastest growing major economy this year and next. The World Economic Outlook (WEO) released ahead of the IMF annual meeting in Bali said, “In India, important reforms have […]

United Nations: The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive. The IMF’s Asia and Pacific Regional Economic Outlook report said that India was […]

United Nations: The International Monetary Fund (IMF) on Monday reaffirmed that India’s economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world’s fastest-growing large economy as China slows down. Like India’s improving economic performance, the global economy was also on the uptick, estimated to have grown by […]

Washington: The International Monetary Fund has hailed the strength of the global economy at the close of the annual meetings of the World Bank Group and the IMF. “The outlook is strengthening with a notable pickup in investment, trade and industrial production, together with rising confidence,” the IMF’s International Monetary and Financial Committee said in […]

Washington: IMF Managing Director Christine Lagarde has said the European Union and Britain need to show progress in talks on Britain’s exit from the European bloc to ease concerns about the effects of Brexit. “Brexit is an ongoing process and our hope is that it be conducted promptly to reduce the level of uncertainty and […]

Washington: The International Monetary Fund (IMF) on Tuesday raised its global growth forecast for 2017 and 2018 due to a broad-based recovery in Europe, China, Japan and the US. In its latest World Economic Outlook, the IMF forecast that the global economy will grow by 3.6 per cent in 2017 and 3.7 per cent in […]

Washington: India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said today, as it suggested the country to take steps towards more structural reforms. “India now contributes, in purchasing power parity measures, 15 per cent of […]

Washington: The IMF has suggested a three- pronged approach for structural reform in India that includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets. Deputy Director Asia Pacific Department of IMF, Kenneth Kang, said the favorable outlook for Asia was an […]

New Delhi: Former RBI Governor Raghuram Rajan features in the list of probables for this year’s Nobel Prize in Economics, The Wall Street Journal has reported. He is one of the six economists on the list of probable winners complied by Clarivate Analytics, a company that does academic and scientific research and maintains a list […]

New Delhi: US President Barack Obama today affirmed his commitment to enhancing India’s ‘voice and vote’ in global financial institutions like IMF. Obama and Prime Minister Narendra Modi emphasised the importance of strengthening international financial institutions, including the International Monetary Fund (IMF), said a joint statement issued after a meeting between the two leaders here. […]

The G20 countries on Sunday said they "deeply regret" delay in IMF quota reforms and asked the US to make it effective before April, while India's central bank Governor Raghuram Rajan asserted that emerging countries cannot wait for long for the reform to go through

After a marginal pick up last week, India's foreign exchange reserves fell sharply by USD 1.208 billion to USD 292.08 billion for the week to Janaury 17 on the back of drop in core currency assets, RBI said on Friday

The International Monetary Fund (IMF) has proposed to set up an international carbon price floor to help limit global warming and achieve the transition toward low carbon growth over this decade.

The International Monetary Fund (IMF) has proposed $50 billion to speed up vaccinations, boost testing and tracing, and maintain adequate stocks of therapeutics, urging coordinated global action to end the Covid-19 pandemic.

Washington: RBI Governor Shaktikanta Das on Friday proposed to his peers on the sidelines of an International Monetory Fund (IMF) event here that the monetary policy can be well served by calibrating the size of the policy rate, instead of the 25 basis points (bps) unit. Das said that “if the unit of 25 basis […]