IMF Deputy Director hails India's direct cash transfer scheme, calls it a ‘A logistical marvel’
Addressing a Fiscal Monitor Press Briefing, IMF`s Deputy Director of Fiscal Affairs Department Paolo Mauro said the global lender has several examples of how companies deploy cash transfers and "there is a lot to learn" from India.
Oct 13, 2022, 07:43 AM IST
Sri Lanka Economic Crisis: India to help country to print school textbooks
Financially broke with no dollars to import printing material, education was one of the main victims of the current economic crisis in Sri Lanka.
Sep 10, 2022, 19:21 PM IST
'Breaking the trend': Gita Gopinath 1st woman to feature on IMF's all men 'wall of former chief economists'
Gita Gopinath became the first woman and second Indian to feature on the 'wall of former chief economists' of the International Monetary Fund (IMF).
Jul 08, 2022, 13:26 PM IST
Pakistan raises tax rates for salaried class on IMF demands
IMF has withdrawn relief provided to the salaried class on June 10.
Jun 25, 2022, 13:39 PM IST
Krishna Srinivasan to head IMF's Asia and Pacific Department Director
According to an IMF announcement, Srinivasan will succeed Changyong Rhee whose retirement from the organisation was announced on March 23.
Jun 09, 2022, 11:12 AM IST
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
In numbers: How financial crisis has forced Pakistan to knock on India’s door
Three years after walking out of trade relations with India over abrogation of Article 370 from Jammu & Kashmir, a dire economic crisis has forced Pakistan to return crawling to New Delhi for resumption of commercial ties.
May 12, 2022, 16:46 PM 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
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
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
Indian-American Gita Gopinath being promoted as IMF's First Deputy Managing Director
Gita Gopinath, who was scheduled to return to her academic position at Harvard University in January 2022, has served as the IMF's chief economist for three years.
Dec 03, 2021, 06:51 AM IST
FM Nirmala Sitharaman discusses post-pandemic economic recovery with CMs, state Finance Ministers
Projections of the International Monetary Fund (IMF) and World Bank peg India`s GDP growth at about 9.5 per cent and 8.3 per cent respectively.
Nov 15, 2021, 22:38 PM 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
Indian economy to grow at historic 12.5%: IMF
The WEO projected India`s gross domestic product (GDP) growth to moderate to 6.9 percent in the next fiscal year, while still retaining the top growth rate spot. Any elation over the historically high rate is, however, moderated by the fact of India`s negative growth rate of 8 percent during 2020-21.
Apr 06, 2021, 22:05 PM IST
IMF projects impressive 11.5 per cent growth rate for India in 2021, China to grow by 8.1 per cent
In its latest update, the IMF projected a 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register double-digit growth in 2021, it said. China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).
Jan 26, 2021, 22:45 PM IST
International Monetary Fund: New Agricultural Laws an important step towards agricultural reforms
The IMF praised India's new agricultural laws. The IMF praised the agricultural laws and said that this is an important step towards agricultural reforms. This will reduce the role of jobbers and rural development will take place.
Jan 15, 2021, 07:46 AM IST
Climate change poses 'profound threat' to global growth: IMF chief
IMF Managing Director Kristalina Georgieva told finance ministers meeting on climate change that countries should also ensure their stimulus funding aimed at halting the COVID-19 pandemic should target green investments.
Oct 13, 2020, 00:06 AM IST
Pakistan's economy contracts for first time in 68 years by -0.38% amid COVID-19 pandemic
For the first time in 68 years, Pakistan's economy has marginally contracted by 0.38 per cent in the outgoing fiscal year due to adverse impacts of novel coronavirus coupled with economic stabilisation policies that had hit the industrial sector much before the deadly pandemic.
Jun 11, 2020, 21:10 PM IST
India's GDP may grow at 7.4% in 2021-22, best among G20 nations: RBI Governor
Reserve Bank of India Governor Shaktikanta Das addressed the media amid the ongoing coronavirus crisis the country is going through.
Apr 17, 2020, 10:30 AM IST
Urgent need for policy action by India, stimulus package a step in right direction: IMF on COVID-19 pandemic
There is more scope for more "urgent" policy actions in India as the economic toll from the coronavirus pandemic is likely to be "large", a top IMF official said, noting that the fiscal stimulus package unveiled by the government to mitigate the impact of the COVID-19 is a step in the right direction.
Apr 16, 2020, 00:37 AM IST
