IMF

64 Results

  • May the farce be with you: Rahul mocks Jaitley's on growth forecast

    May the farce be with you: Rahul mocks Jaitley's on growth forecast

    Congress Vice President Rahul Gandhi on Wednesday again mocked the government over its growth forecast, terming as a "farce" the Modi government's statements on its economic performance. Attaching a tweet posted on Tuesday by the Press Information Bureau, the government's......

    October 25, 2017
  • Sensex retakes 32k, gains 152 points on festive week

    Sensex retakes 32k, gains 152 points on festive week

    The BSE Benchmark started the holiday truncated week with heavy gains, as both indices made fresh highs on positive trade data and encouraging comments from the IMF chief on the outlook for Indian economy cheered investors. Sentiment was also cheerful......

    October 21, 2017
  • India's Forex reserves up $1.5 bn, reclaim $400 bn mark

    India's Forex reserves up $1.5 bn, reclaim $400 bn mark

    India's foreign exchange (Forex) reserves kitty increased by $1.50 billion as on October 13, 2017, official data showed on Friday. The Reserve Bank of India's (RBI) weekly statistical supplement released on Friday showed that the overall Forex reserves rose to......

    October 20, 2017
  • Jobs, slowing investment, US Fed hike policy challenges: Jaitley

    Jobs, slowing investment, US Fed hike policy challenges: Jaitley

    Employment creation, the global slowdown in investments and the possible impact that the US Federal Reserves move normalise monetary conditions can have on emerging economies are three major policy challenges, Finance Minister Arun Jaitley has said. "The risks posed to......

    October 15, 2017
  • No change in IMF policy on loans to Iran

    No change in IMF policy on loans to Iran

    IMF Managing Director Christine Lagarde on Sunday said that there is no change in its policy with regard to funds to Iran based on cues from the US. "We see no reason to change anything in the guidelines that we......

    October 15, 2017
  • Global economic recovery incomplete, IMFC warns against complacency

    Global economic recovery incomplete, IMFC warns against complacency

    Despite the global upswing in economic activity, the IMF's steering committee has told policymakers to guard against complacency, citing medium-term economic risks and rising geo-political tensions. The International Monetary and Finance Committee (IMFC), in a communique issued on Sunday, said......

    October 15, 2017
  • Indian economy on 'very solid track': IMF chief Lagarde

    Indian economy on 'very solid track': IMF chief Lagarde

    Days after the International Monetary Fund lowered its growth forecast for the current and the next year, IMF chief Christine Lagarde on Sunday said the Indian economy is on a "very solid track" in the mid-term. "Turning to India...we have......

    October 15, 2017
  • IMF favours three structural reforms in India 

    IMF favours three structural reforms in India 

    The IMF has suggested a three- pronged approach for structural reform in India that includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets. Deputy Director Asia......

    October 14, 2017
  • Trump administration rejects World Bank capital increase

    Trump administration rejects World Bank capital increase

    The Trump administration today rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission. Treasury Secretary Steven Mnuchin said the huge Washington-based institution is inefficient and can be more effective......

    October 14, 2017
  • Global fallout of domestic policy needs studying: Arun Jaitley

    Global fallout of domestic policy needs studying: Arun Jaitley

    Washington: India has underlined the need to understand the global spillovers of domestic policy actions, especially in the area of trade and financial regulations, Finance Minister Arun Jaitley said on Friday. "It is important to understand the global spill-overs of......

    October 13, 2017
  • Shaping new global architecture

    Shaping new global architecture

    By all accounts, Asia’s stock of economic power has been expanding in the last two decades. This has occurred on the back of the rapid and sustained growth of regional economies, not least of which are China and India, whose......

    October 11, 2017
  • BRICS nations call for more representation to emerging markets

    BRICS nations call for more representation to emerging markets

    The BRICS nations have called for a global economic architecture reflective of the present landscape giving more representation to the emerging markets and developing countries. The declaration adopted at the ninth BRICS summit here emphasised the importance of an open......

    September 4, 2017
  • Forex reserves surge to record $392.86 bn

    Forex reserves surge to record $392.86 bn

    <p>FCAs include effect of appreciation or depreciation of non-US currencies </p>

    August 4, 2017