Tag: International Monetary Fund
17 Results
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Shriram Finance offers recession proof products for 2023
Small and Medium-Sized enterprises account for 29 per cent of the nation's GDP, 49 per cent of exports, and more than 63 million businesses nationwide says Umesh Revankar, Executive Vice Chairman, Shriram Finance.
March 15, 2023 -
Economic Outlook
The International Monetary Fund report titled ‘World Economic Outlook 2022: Countering the Cost-of-Living Crisis,’ released in October 2022, warns all countries, including India, of an impending economic downturn.
October 18, 2022 -
“A logistical marvel”: IMF on India’s direct cash transfer scheme
This praise for India's cash transfer scheme comes as the country continues to maintain its position as the fastest-growing major economy in the world.
October 13, 2022 -
Nirmala Sitharaman to visit USA to attend annual meetings of IMF-World Bank
During her visit to the US from October 11 to 16, the Finance Minister would meet US Treasury Secretary Janet Yellen and World Bank President David Malpass separately to discuss issues of mutual interest.
October 11, 2022 -
Former CEA K Subramanian appointed as an Executive Director for India at IMF
Former Chief Economic Adviser (CEA) Krishnamurthy Subramanian will be the Executive Director for India at the International Monetary Fund (IMF).
August 26, 2022 -
IMF slashes global growth forecast for the next 18 months
The IMF said by the fourth quarter of 2022 it was forecasting global inflation of 8.3 per cent, up from its April estimate of 6.9 per cent.
July 27, 2022 -
IMF chief sees ‘narrowing path’ to avoiding US recession
Last week, the central bank raised rates by 75 basis points, marking the sharpest rate hike since 1994.
June 25, 2022 -
Ukraine seeks to get $5bn from IMF per month: PM
Ukraine is seeking to receive $5 billion from the International Monetary Fund (IMF) per month, Ukraine’s media outlet Hromadske reported, citing the country’s Prime Minister Denys Shmyhal. “We are talking about 5 billion dollars a month — the need for this amount has been confirmed by both the IMF and the World Bank. These are...
April 28, 2022 -
IMF projects India’s growth rate at 9%, highest among major economies
The IMF cut US growth projection for this year by 1.2 per cent from the 5.2 per cent in the October WEO to 4 per cent.
January 25, 2022 -
Pak to approach IMF for 2nd bailout package
The premier said the strict conditions of the IMF could not be applied on the people, who he said are already suffering because of the pandemic.
April 7, 2021 -
India’s FY21 GDP outlook worsens, IMF sees 10.3% contraction
Global economy is now projected to contract 4.4 per cent in 2020, as per IMF's latest estimate.
October 14, 2020 -
Benefits of Emigration
The fact is that a brain sitting in an uncongenial environment can drain away faster than if it goes to a stimulating interference-free environment abroad. It is decades of Nehruvian socialism which forced the best brains to migrate abroad. The critics seldom appreciated that the emigrants went because of paucity of career scope in India at the time.
July 28, 2020 -
GDP to contract 4.5% in current FY due to impact of coronavirus: Centre agrees with IMF’s prediction
'The economic growth of pre-COVID times, as and when restored through fuller unlocking of the economy, will heavily lean on the reforms undertaken today to enhance its potential tomorrow.'
July 6, 2020 -
COVID-19 induced economic loss forces Saudi Arabia to triple VAT
Riyadh could lose half of its oil income, which contributes about 70 percent of public revenues, as oil prices have fallen two-thirds since the start of the year.
May 11, 2020 -
This crisis like no other: IMF proposes USD 1 trillion for COVID-19-hit nations
The IMF on Thursday also projected that growth in Asia is expected to stall at zero percent in 2020.
April 16, 2020 -
International Monetary Fund approves debt relief for 25 poor countries amid COVID-19
The IMF board approved the debt relief for the countries, nearly all in Africa, but also Afghanistan, Yemen, Nepal and Haiti.
April 14, 2020 -
Coronavirus LIVE | India cases cross 10,000-mark, 339 dead; flights, trains cancelled till May 3
The International Monetary Fund would provide immediate debt relief to 25 member countries under its Catastrophe Containment and Relief Trust to recover from the economic repercussions of COVID-19 pandemic.
April 14, 2020