Home » imf

You Searched For "IMF"

Indias economy is set to contract this year. (AFP)

Why IMF's latest projection on India's economic growth must not come...

Coronavirus and the consequent lockdown have dealt a body blow to India's economic recovery

27 Jun 2020 9:40 AM GMT

IMF chief Kristalina Georgieva. (AFP Photo)

Not out of the woods yet: IMF chief warns second wave of virus could...

Activity has started to gradually strengthen, but we are not out of the woods yet, Georgieva said in a message to G20...

16 July 2020 5:16 AM GMT

Union Finance Minister Nirmala Sitharaman during the investors roundtable meeting hosted by FICCI and US-India Strategic Partnership Forum (USISPF), in Boston. (Photo: PTI)

UN, World Bank, IMF in need of urgent reforms: Finance Minister...

Sitharaman arrived in the US Monday for a week-long trip to attend the annual meet of the World Bank and IMF in...

13 Oct 2021 5:46 AM GMT

A member of Sri Lankas opposition political party National Peoples Power waves countrys national flag as he participates in an anti-government protest rally in Colombo, Sri Lanka. (AP Photo/Eranga Jayawardena)

World Bank ready to provide emergency support to Sri Lanka: Report

The IMF has commended the steps already taken by the Finance Minister to mitigate the present financial situation in Sri...

20 April 2022 8:19 AM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Important for Indian govt to heed RBI's message on financial...

Central bank does have to be intimately concerned with financial stability to some degree and with the payment system.

10 Dec 2018 8:54 AM GMT

Prime Minister Narendra Modi at an election campaign rally in Hyderabad. (Photo: AP)

IMF chief economist lauds Modi govt for 'very solid' growth, GST

'India under the government of Prime Minister Narendra Modi has carried out some really fundamental reforms,' IMF chief...

10 Dec 2018 2:29 AM GMT

Tata Communications Ltd is set to invest about USD 100 million in the the Internet of Things (IoT) in the next few years. (Photo: Pixabay)

Tech-enabled alternative lending bridging the gaps in India's credit...

Indian economy has been on an upward growth trajectory over the past few years and is now pegged at $2.6 trillion.

7 Dec 2018 8:43 AM GMT

Chinas ambitious One Belt One Road initiative is an important project that can foster regional cooperation, but entails risks like debt sustainability, the IMF said. (Photo: AFP)

OBOR important project for regional cooperation, but entails risks...

The OBOR initiative focuses on improving connectivity and cooperation among Asian countries, Africa, China and Europe.

30 March 2018 3:06 PM GMT

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

IMF urges countries to work together to reduce trade barriers

For the first time in a long time, trade is growing faster than global GDP, and spreading recovery around the world.

1 Jun 2018 3:01 AM GMT

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

Important for India to address banking crisis to support investment:...

Indian banks have made progress in addressing stock of NPAs and were taking further measures to deal with flow problem.

8 Jun 2018 4:29 AM GMT

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

IMF welcomes RBI decision to hike interest rates

In January 2014 RBI had increased the repo rate to eight per cent to keep the inflation under check.

8 Jun 2018 4:11 AM GMT

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

IMF forecasts India's GDP to grow at 7.5 per cent in 2019-20

Current account deficit is projected to widen further to 2.6 pc of GDP on rising oil prices and strong demand for...

9 Aug 2018 3:59 AM GMT