Back to homepage

Tag "international monetary fund"

MANAGING DIRECTOR OF IMF CALLS ON THE PRESIDENT

MANAGING DIRECTOR OF IMF CALLS ON THE PRESIDENT

🕔17:54, 9.Sep 2022

New Delhi, Sept 09: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) called on the President of India, Droupadi Murmu at Rashtrapati Bhavan today (September 9, 2022). Welcoming Georgieva to Rashtrapati Bhavan, the President said that the world

Read Full Article
Ex-CEA K. Subramanian to be India’s Executive Director at IMF

Ex-CEA K. Subramanian to be India’s Executive Director at IMF

🕔07:22, 26.Aug 2022

New Delhi, Aug 26 (IANS) Former Chief Economic Adviser (CEA) Krishnamurthy Subramanian will be the Executive Director for India at the International Monetary Fund (IMF) from November onwards. The Appointments Committee of Cabinet (ACC), in an order issued on Thursday, said

Read Full Article
IMF slashes global growth forecast for the next 18 months

IMF slashes global growth forecast for the next 18 months

🕔05:14, 27.Jul 2022

London, July 27 (IANS) The International Monetary Fund has slashed its growth forecasts for the next 18 months after warning that the world’s three biggest economies are all stalling, The Guardian reported. In a downbeat update to its April World Economic

Read Full Article
India offers additional $500 million after China’s muted response to Sri Lanka’s request

India offers additional $500 million after China’s muted response to Sri Lanka’s request

🕔17:03, 27.Apr 2022

“A friend in need is a friend indeed” is the saying as it goes. The dictum is in full play as India has offered Sri Lanka an additional $500 million to help it to import fuel while it is in

Read Full Article
IMF, World Bank to boost financial & policy support to Ukraine

IMF, World Bank to boost financial & policy support to Ukraine

🕔11:34, 2.Mar 2022

Washington, March 2 (IANS) World Bank and the International Monetary Fund (IMF) has announced that they are working together to support Ukraine on the financing and policy fronts and are urgently increasing that support. IMF Managing Director Kristalina Georgieva and World

Read Full Article
IMF projects India’s growth rate at 9%, highest among major economies

IMF projects India’s growth rate at 9%, highest among major economies

🕔07:15, 26.Jan 2022

United Nations, Jan 26 (IANS) India’s economy is projected to grow by 9 per cent in the next financial year (FY23), retaining its position as the fastest-growing major economy, the International Monetary Fund (IMF) reported on Tuesday citing its expectations of

Read Full Article
Gita Gopinath to replace Okamoto as IMF’s First Deputy Managing Director

Gita Gopinath to replace Okamoto as IMF’s First Deputy Managing Director

🕔07:46, 3.Dec 2021

Washington, Dec 3 (IANS) The International Monetary Fund (IMF) has announced that Gita Gopinath, currently chief economist of the IMF, is set to succeed Geoffrey Okamoto as the institution’s First Deputy Managing Director (FDMD) early next year. “Especially given that the

Read Full Article
IMF revises down Asia economy growth forecast to 6.5%

IMF revises down Asia economy growth forecast to 6.5%

🕔09:56, 21.Oct 2021

Washington, Oct 21 (IANS) The International Monetary Fund (IMF) has revised down its 2021 economic growth forecast for Asia to 6.5 per cent, down by 1.1 percentage points from its April projection, according to a newly released regional economic outlook. “The

Read Full Article
Emerging from ‘very tough’ 2nd wave, India keeps top global spot with 9.5% GDP growth

Emerging from ‘very tough’ 2nd wave, India keeps top global spot with 9.5% GDP growth

🕔21:09, 12.Oct 2021

United Nations, Oct 12 (IANS) India has emerged from a “very tough second wave” of Covid-19, Gita Gopinath, the International Monetary Fund’s (IMF) Chief Economist, said on Tuesday at the release of the flagship report that showed India continuing to

Read Full Article
IMF keeps India’s 2021-22 GDP growth at 9.5%, retains top global spot

IMF keeps India’s 2021-22 GDP growth at 9.5%, retains top global spot

🕔18:56, 12.Oct 2021

United Nations, Oct 12 (IANS) India will continue to be the world’s fastest growing major economy, clocking a growth rate of 9.5 per cent this fiscal year and 8.5 per cent in the next, according to the International Monetary Fund (IMF)

Read Full Article
Afghan banking system close to collapse

Afghan banking system close to collapse

🕔08:23, 29.Sep 2021

New Delhi, Sep 29  Afghanistan’s banking system is close to collapse. Syed Moosa Kaleem Al-Falahi, the Chief Executive of the Islamic Bank of Afghanistan, said the country’s financial industry is in the grip of an “existential crisis” as customers panic,

Read Full Article
India’s forex reserves rise by over $880 mn

India’s forex reserves rise by over $880 mn

🕔07:11, 14.Aug 2021

Mumbai, Aug 14  India’s foreign exchange reserves rose by $889 million, during the week ended August 6. According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $621.464 billion from $620.576 billion reported for the

Read Full Article
IMF approves largest SDR allocation in history

IMF approves largest SDR allocation in history

🕔17:19, 3.Aug 2021

Washington, Aug 3  The International Monetary Fund’s (IMF) board of governors has approved a new general allocation of Special Drawing Rights (SDR) equivalent to $650 billion, the largest ever in the organisation’s history, in an effort to boost global liquidity

Read Full Article
IMF cuts India growth to 9.5% due to Covid Delta, but it retains top spot

IMF cuts India growth to 9.5% due to Covid Delta, but it retains top spot

🕔18:48, 27.Jul 2021

United Nations, July 27  The Delta variant-spurred Covid-19 second wave has shaved off 3 per cent from the International Monetary Fund’s (IMF) previous projection for India’s economic growth for fiscal year 2021-22, pegging it now at 9.5 per cent, but

Read Full Article
IMF board approves policy reforms to support low-income nations

IMF board approves policy reforms to support low-income nations

🕔13:11, 23.Jul 2021

Washington, July 23  The executive board of the International Monetary Fund (IMF) has approved a set of policy reforms to the concessional lending facilities to better support the recovery of low-income countries (LICs) from the Covid-19 pandemic. “These reforms are

Read Full Article
IMF proposes setting up of an int’l carbon price floor

IMF proposes setting up of an int’l carbon price floor

🕔13:31, 19.Jun 2021

Washington, June 19  The International Monetary Fund (IMF) has proposed to set up an international carbon price floor to help limit global warming and achieve the transition toward low carbon growth over this decade. “Gradually increasing price on carbon encourages

Read Full Article
India’s forex reserves rise by over $3 bn

India’s forex reserves rise by over $3 bn

🕔07:39, 19.Jun 2021

Mumbai, June 19  India’s foreign exchange reserves rose by $3.074 billion during the week ended June 11. According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the

Read Full Article
Indian economy to grow at historic 12.5%, but COVID wave ‘concerning’: IMF

Indian economy to grow at historic 12.5%, but COVID wave ‘concerning’: IMF

🕔07:00, 7.Apr 2021

United Nations, April 7  India’s economy is projected to grow at the historically high level of 12.5 per cent this fiscal year, but the International Monetary Fund’s (IMF) Chief Economist Gita Gopinath cautioned that the current wave of the pandemic

Read Full Article
IMF warns on massive fiscal response, soaring public debt

IMF warns on massive fiscal response, soaring public debt

🕔19:25, 11.Jul 2020

New Delhi [India], July 11 — The global public debt is expected to exceed 100 per cent of the GDP in 2020-21 and the average overall fiscal deficit is expected to soar to 14 per cent of the GDP, the

Read Full Article
IMF deploys emergency financing for 70 nations amid COVID-19

IMF deploys emergency financing for 70 nations amid COVID-19

🕔07:27, 20.Jun 2020

Washington, June 20  The International Monetary Fund (IMF) has said it is expected to deploy emergency financing for 70 countries by Friday as the COVID-19 pandemic continues to ripple across the globe. IMF spokesperson Gerry Rice said at a virtual

Read Full Article