IMF chief urges Arab states to slash spending
IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable growth and create jobs.
Feb 10, 2018, 15:33 PM IST
Eurozone economy growth hits highest in decade
Economic growth in the Eurozone hit 2.5%, far ahead of the 1.8% reached a year earlier.
Jan 30, 2018, 16:24 PM IST
At Davos summit, delegates talk down Donald Trump but bet big on US
Trump`s $1.5 trillion tax plan unveiled in December slashed the corporate rate from 35% to 21%.
Jan 25, 2018, 14:43 PM IST
Nifty closes above 11,000 mark, Sensex ends above 36,000 level
However, the BSE market breadth was bearish as 1,545 stocks declined as against 1,380 advances.
Jan 23, 2018, 16:21 PM IST
Nifty crosses 11,000, Sensex breaches 36,000 on IMF cheer
Both indexes clocked record high levels 11 times this year.
Jan 23, 2018, 13:31 PM IST
India to grow at 7.4% in 2018 as against China's 6.8%: International Monetary Fund
In its latest World Economic Outlook update, the International Monetary Fund has projected a 7.8 percent growth rate for India in 2019.
Jan 22, 2018, 20:30 PM IST
IMF says demonetisation, GST brought short-term pain but long-term benefits: Report
The IMF is slated to come out with an update of its projections of India's growth rate along with the rest of the world in January.
Dec 22, 2017, 14:32 PM IST
India's financial sector facing considerable challenges: IMF
The IMF said the Indian authorities have been pursuing policies to accelerate the process of NPA resolution.
Dec 21, 2017, 22:18 PM IST
Zimbabwe's economic situation 'very difficult': IMF official
Zimbabwe`s economic situation remains "very difficult" as sustainable growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International Monetary Fund (IMF) official said.
Nov 23, 2017, 14:03 PM IST
IMF tells Gulf states to speed up switch from oil
In its Regional Economic Outlook, the International Monetary Fund on Tuesday projected GCC economic growth at just 0.5 per cent this year, the worst since the 0.3 per cent growth in 2009 following the global financial crisis.
Oct 31, 2017, 12:25 PM IST
After IMF slashes growth forecast, its chief says Indian economy on 'solid track'
IMF chief Christine Lagarde said the Indian economy is on a "very solid track" in the mid-term.
Oct 15, 2017, 09:35 AM IST
World praising India for reforms like demonetisation, GST: Jaitley
Union Finance Minister Arun Jaitley on Saturday said that countries across the world are lauding India for having the guts to bring in major structural reforms like demonetisation and Goods and Services Tax (GST).
Oct 15, 2017, 08:21 AM IST
IMF favors three structural reforms in India
Structural reforms include addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets.
Oct 14, 2017, 09:31 AM IST
Arun Jaitley makes strong case for reforms in H1-B/L1 visa processes
The Finance Minister highlighted the structural reforms India has undertaken through a series of bold measures, including the Goods and Service Tax (GST), financial inclusion and action against the shadow economy, the statement said.
Oct 13, 2017, 14:25 PM IST
A different India ready to benefit from economic recovery: Finance Minister
In a separate news conference, Lagarde later said she expects higher global growth this year and next.
Oct 13, 2017, 12:51 PM IST
Take decisions to make economic recovery sustainable: Lagarde
Last year, 47 countries experienced negative growth on a per capita basis, including many small and fragile economies.
Oct 13, 2017, 08:22 AM IST
Inequality increased in China, India and US: IMF
In fact, inequality has declined in almost half the countries for which data are available, the report noted.
Oct 12, 2017, 06:59 AM IST
Transparency over note ban would have been instrument of fraud: Arun Jaitley
Finance Minister Arun Jaitley said that announcing the demonetisation initiative in advance could have resulted in people buying gold, diamond and land and going through various kinds of transactions with the cash they had.
Oct 11, 2017, 13:46 PM IST
Japan’s Nikkei closes at 21-year high on positive US cues
Sentiment was boosted after the International Monetary Fund upgraded its global economic growth forecast for 2017 and 2018, driven by a pickup in trade, investment, and consumer confidence.
Oct 11, 2017, 11:52 AM IST
World Bank lowers India's growth forecast, warns govt on internal bottlenecks
India's economic momentum has been affected by disruptions from the withdrawal of banknotes and uncertainties around the Goods and Services Tax (GST), the World Bank said in its South Asia Economic Focus, a biannual economic update.
Oct 11, 2017, 10:59 AM IST
