Economic crisis in Pakistan: After fuel hike, Sharif-govt hikes electricity prices by Rs 7
The Pakistani government is increasing electricity prices by Rs 7 per unit, in yet another setback to the common man in the country.
May 27, 2022, 17:00 PM IST
DNA: Go Gota Go -- Will a makeshift Prime Minister benefit Sri Lanka?
The new Prime Minister Ranil Wickremesinghe has taken oath in Sri Lanka. This is Ranil Wickremesinghe's fourth term as Sri Lankan Prime Minister. The big question is whether Sri Lanka will be able to get back on track with Wickremesinghe's experience.
May 13, 2022, 01:40 AM IST
FM Nirmala Sitharaman meets IMF’s Gita Gopinath, discusses wide range of issues
The meeting took place on the sidelines of the IMF-WB Spring Meetings 2022 in Washington, the Finance Ministry said in a tweet.
Apr 21, 2022, 22:49 PM IST
Russia-Ukraine war has increased global financial stability risks, warns IMF
Emerging and frontier markets are facing tighter financial conditions and "a higher probability of portfolio outflows," the IMF report has warned.
Apr 20, 2022, 07:37 AM IST
IMF slashes India's growth forecast for FY23 to 8.2%
The fund had earlier projected 9.5 per cent growth for the Indian economy in 2022. It slashed it by 0.5 percentage points in its January report and it has further reduced it now by 0.8 point.
Apr 19, 2022, 22:08 PM IST
Sithraman meets IMF chief; discusses impact of geopolitical situation on global growth
During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund (IMF) and the World Bank, the IMF chief highlighted India's well-targeted policy mix that has helped the country's economy remain resilient even with a limited fiscal space.
Apr 19, 2022, 10:34 AM IST
DNA: IMF praises PM Modi's food security scheme
The IMF has praised the Modi government's plan to provide free food during Covid. IMF said that PM Modi saved crores of people from going below the poverty line.
Apr 07, 2022, 23:44 PM IST
IMF urges El Salvador to scale back $150 million Bitcoin trust fund, drop crypto plans
The IMF also recommended eliminating the offer of $30 as an incentive for people to start using the digital wallet ‘Chivo’.
Jan 29, 2022, 08:32 AM IST
US economy grew 5.7% in 2021 in a rebound from the 2020 recession
For all of 2022, the International Monetary Fund has forecast that US' GDP growth will slow to 4% for 2022.
Jan 27, 2022, 19:54 PM IST
Budget 2022: IMF’s Gita Gopinath expects Nirmala Sitharaman to address unequal recovery, focus on health
Gopinath said that she also expects the government to focus more on healthcare spending and increase education expenditure.
Jan 26, 2022, 22:07 PM IST
IMF projects India's growth rate at 9%, highest among major economies
India and Japan are the only major economies to have their growth projections raised from that made in October last.
Jan 25, 2022, 20:23 PM IST
From Karnataka's Mysuru to becoming the first ever woman deputy MD of IMF --Here's all about Gita Gopinath
Gopinath was the first woman to serve as the head economist of the International Monetary Fund, and she has now created history once more, making Indians proud of her accomplishments.
Dec 03, 2021, 13:05 PM IST
IMF Chief Economist Gita Gopinath to leave job and return to Harvard University
Mysuru-born Gita Gopinath is the first-ever woman Chief Economist of the IMF.
Oct 20, 2021, 09:31 AM IST
Pakistan in deep economic crisis, needs USD 51.6 billion external financing
Pakistan's gross external financing requirement stands at USD 23.6 billion in 2021-22 and USD 28 billion in 2022-23.
Oct 19, 2021, 13:33 PM IST
Opportunities galore in India for investors and industry stakeholders: Nirmala Sitharaman
Sitharaman arrived here late Friday after her visit to Washington DC where she participated in the annual meetings of the World Bank and the International Monetary Fund.
Oct 17, 2021, 09:54 AM IST
COVID-19 third wave risk looms large even after 50% vaccination in India: IMF's Gita Gopinath
India is doing well in terms of COVID-19 vaccination rates but India faces many challenges, Gita Gopinath said.
Oct 14, 2021, 08:54 AM IST
IMF projects India to be fastest growing economy in the world, keeps India's 2021-22 GDP growth at 9.5%
The global economy is projected to grow 5.9 per cent in 2021 and 4.9 per cent in 2022 - a 0.1 percentage point lower for 2021 than in the July forecast.
Oct 12, 2021, 22:23 PM IST
FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings
As part of official visit to the US, she will also address investors including large pension funds and private equity players and will invite them to participate in India's growth story.
Oct 11, 2021, 11:20 AM IST
IMF head Kristalina Georgieva called out for applying ‘undue pressure’ to boost China’s ranking in Doing Business report
The report, prepared by law firm WilmerHale, raises concerns about China`s influence at the World Bank, and the judgment of Georgieva - now managing director of the IMF - and then-World Bank President Jim Yong Kim.
Sep 17, 2021, 18:10 PM IST
Afghanistan Crisis: Taliban will not be able to use IMF resources, says IMF
Taliban terrorists may have occupied Afghanistan, but now the International Monetary Fund (IMF) has given a big statement. The IMF said that the leadership of the Taliban would not get any help.
Aug 19, 2021, 10:14 AM IST
