India to overtake Germany as world's 4th largest economy by 2022: IMF
India is all set to overtake Germany as world's fourth largest economy by 2022, according to a IMF study.
Apr 28, 2017, 13:58 PM IST
GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF
The ambitious Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight percent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.
Apr 28, 2017, 10:54 AM IST
IMF members delete anti-protectionism pledge, keep currency commitments
Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism.
Apr 22, 2017, 23:51 PM IST
Global economic integration benefits must be shared by all:IMF
The IMF acknowledged on Saturday that a prolonged period of low growth has brought to the fore the concerns of those who have been "left behind" and said it was important that global economic integration benefits everyone.
Apr 22, 2017, 23:49 PM IST
'Rising anti-globalisation pose challenges to global growth'
China has said that political and policy uncertainties, the rising anti-globalisation and protectionism sentiment against international trade and investment pose challenges to global growth.
Apr 22, 2017, 17:30 PM IST
IMF ratchets up call to address anti-globalisation anger
As the global recovery gathers pace, the IMF is turning up the volume on its call for wealthy countries to address popular anger over the impact of globalization and head off the threat of protectionism.
Apr 21, 2017, 21:59 PM IST
India records impressive growth in recent years: IMF
India's growth has been "impressive" in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official.
Apr 20, 2017, 15:06 PM IST
IMF worried over credit boom in China which can be 'dangerous'
The IMF has raised concerns over China's credit boom which has more than doubled in less than a decade, saying this can be "dangerous" for the world's second largest economy.
Apr 20, 2017, 13:44 PM IST
India returned to fiscal consolidation in 2016-17: IMF
Notwithstanding the impact of demonetisation, India returned to fiscal consolidation in the fiscal year 2016-17 largely due to the near-elimination of fuel subsidies and enhanced targeting of social benefits, the IMF said on Wednesday.
Apr 19, 2017, 20:42 PM IST
Greece probing how parcel bombs got to France, Germany
Greek authorities on Friday were trying to determine how a near-defunct militant group was able to sneak at least two parcel bombs through airport security.
Mar 17, 2017, 19:14 PM IST
IMF says reforms lagging behind timelines in Sri Lanka
The IMF on Tuesday said Sri Lanka should take "decisive" actions to maintain reform momentum after it was found that the country's progress on implementing structural benchmarks were "somewhat uneven".
Mar 07, 2017, 18:37 PM IST
Indian economy remains a bright spot in global landscape: IMF official
Despite temporary setback due to demonetisation, India economy will grow strongly and remain a bright spot in the global landscape said a senior IMF official.
Feb 23, 2017, 10:32 AM IST
Forex reserves down $360.9 million to $362.78 billion
India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.
Feb 17, 2017, 20:46 PM IST
Five reasons the Greek debt crisis is back
Greece, the eurozone and IMF are in a three-way Mexican stand-off over a review of the country`s 86 billion bailout agreed in July 2015, its third since 2010.
Feb 15, 2017, 16:42 PM IST
IMF's Christine Lagarde 'optimistic' about US economy
International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world.
Feb 12, 2017, 18:24 PM IST
Egypt inflation hit 29.6% in January
Egypt's annual inflation rate hit 29.6 percent in January, official figures showed today, three months after the government floated the pound in line with an International Monetary Fund bailout.
Feb 11, 2017, 17:32 PM IST
Eurozone, IMF agree on a common stance on Greece: Official
Eurozone lenders and the International Monetary Fund have reached agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take, Eurozone officials said.
Feb 10, 2017, 17:57 PM IST
Rating agencies several notches behind India's reality: Shaktikanta Das
Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.
Feb 05, 2017, 15:41 PM IST
India's economy to grow at 7.8% in 2018 against China's growth rate of 6%: IMF
The International Monetary Fund (IMF) on Monday forecast India's economic growth at 7.8 percent for the financial year 2018, way ahead of China's 6 percent growth for the same period.
Jan 16, 2017, 22:24 PM IST
IMF cuts India's growth rate to 6.6% from 7.6% due to impact of demonetisation
The International Monetary Fund (IMF) on Monday cuts India's growth rate to 6.6 percent from 7.6 percent due to impact of demonetisation taken by the Modi government in November.
Jan 16, 2017, 19:41 PM IST
