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The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

India slides to 7th largest GDP

Close behind France is India, the seventh largest economy worth $2.69 trillion, which is just $100 billion less than...

23 Nov 2018 7:32 PM

Indias forex reserves have shot up considerably.

Forex reserves up by USD 1.96 billion to USD 421.720 billion

The reserves had touched a life-time high of USD 421.914 billion on February 9, FY18.

23 Feb 2018 12:41 PM

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe.

IMF sees solid near-term global growth but risks beyond

The IMF raised its US forecast by two tenths for both years, to 2.9 per cent for 2018 and 2.7 per cent for 2019.

18 April 2018 7:39 AM

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

India's forex reserves rise to life-time high of USD 424.361 billion

In the previous week, the reserves had increased by USD 1.197 billion to USD 422.532 billion.

6 April 2018 1:52 PM

This is about keeping Pakistan: first, safe; second, strong; third, prosperous; and maybe eventually all three at the same time.

IMF bailout of USD 3 bn of Pak would be a bad idea, says ex-US...

While Babbin expresses confidence that IMF would bail out Pak, he opines that there are 2 reasons why such action is not...

30 July 2018 4:19 PM

International Monetary Fund

IMF slashes India's growth prediction to 7.3 per cent for 2018

Further, the international financial organisation forecasted a rate of growth of 7.8 per cent for 2019.

17 July 2018 5:18 AM

Gold reserves rose by $38 million to $21.369 billion in the reporting week.

India's forex reserve dips to $406b

The country's reserve position with the IMF also declined by $8.7 million to $2.484 billion, the apex bank said.

7 July 2018 1:58 AM

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Debunking a ghost town story

A new six-month visa will be introduced for job-seekers who overstayed their visa but wish to work in the country.

1 July 2018 11:42 PM

Indias forex reserves have shot up considerably.

Forex reserves cross USD 440 billion mark, up by USD 1.04 billion

The value of the gold reserves increased by USD 82 million to USD 26.861 billion for the week, the RBI said.

25 Oct 2019 2:25 PM

Gopinath had on Friday said that the regulatory uncertainty has played a major role in the economic slowdown in India. (Photo: Twitter)

IMF economist Gita Gopinath meets PM, lists factor in economic...

The Prime Minister's Office (PMO) posted pictures of Prime Minister Modi with Gopinath on its Twitter handle.

24 Dec 2019 5:18 AM

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)

Greater efforts will be needed to reduce fiscal deficit: IMF mission...

Interim budget envisages a slower pace of fiscal consolidation than previously planned: IMF mission chief for India

6 Feb 2019 4:55 AM

Pakistan Prime Minister Imran Khan (Photo: AP)

Pakistan to receive USD 2.1 billion loan from China by Monday:...

Islamabad is also in talks with the International Monetary Fund (IMF) for a bailout package.

22 March 2019 11:07 AM