International Monetary Fund

IMF says demonetisation, GST brought short-term pain but long-term benefits: Report

IMF says demonetisation, GST brought short-term pain but long-term benefits: Report

The IMF is slated to come out with an update of its projections of India's growth rate along with the rest of the world in January.

Dec 22, 2017, 14:32 PM IST
India's financial sector facing considerable challenges: IMF

India's financial sector facing considerable challenges: IMF

The IMF said the Indian authorities have been pursuing policies to accelerate the process of NPA resolution.

Dec 21, 2017, 22:18 PM IST
IMF to update India's growth rate forecast in January

IMF to update India's growth rate forecast in January

Recently, the US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2.

Dec 01, 2017, 09:56 AM IST

Zimbabwe's economic situation 'very difficult': IMF official

Zimbabwe`s economic situation remains "very difficult" as sustainable growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International Monetary Fund (IMF) official said.

Nov 23, 2017, 14:03 PM IST
IMF suggests India to set up independent fiscal council

IMF suggests India to set up independent fiscal council

"India has accepted a public debt anchor at 60 per cent of GDP. We think that is appropriate. And that's something that will help India establish its public debt as a safe asset," he said.

Oct 16, 2017, 16:50 PM IST
After IMF slashes growth forecast, its chief says Indian economy on 'solid track'

After IMF slashes growth forecast, its chief says Indian economy on 'solid track'

IMF chief Christine Lagarde said the Indian economy is on a "very solid track" in the mid-term.

Oct 15, 2017, 09:35 AM IST
India not biggest threat to CPEC, it's corruption in Pakistan: Expert

India not biggest threat to CPEC, it's corruption in Pakistan: Expert

Corruption, and not India, is the biggest threat for the multi-billion-dollar project, the China Pakistan Economic Corridor (CPEC), says an expert.

Oct 13, 2017, 11:37 AM IST
Working on plan to rebuild capacity of banking sector: Jaitley

Working on plan to rebuild capacity of banking sector: Jaitley

Jaitley, who is on a week-long visit to the US to attend the annual meetings of the International Monetary Fund and the World Bank, also said that reforming the banking system is the top agenda of the government.

Oct 12, 2017, 09:55 AM IST
India's growth downgrade a blip in much positive long-term picture: IMF

India's growth downgrade a blip in much positive long-term picture: IMF

The latest IMF report lowered India's growth projection to 6.7 percent in 2017, 0.5 percentage points less than its previous two forecasts and attributed it to demonetisation and introduction of the GST.

Oct 11, 2017, 08:50 AM IST
Arun Jaitley says transition to GST 'fairly smooth', calls opposition 'ill-informed'

Arun Jaitley says transition to GST 'fairly smooth', calls opposition 'ill-informed'

Jaitley, who is on a week-long visit to the US to attend the annual meetings of the International Monetary Fund and World Bank, said under the GST the government has unveiled attractive schemes to ensure that the non-compliant in India become compliant.

Oct 10, 2017, 21:47 PM IST
IMF lowers India's growth forecast over demonetisation, GST

IMF lowers India's growth forecast over demonetisation, GST

It also lowered the country's growth for 2018 to 7.4 per cent, 0.3 percentage points less than its previous two projections in July and April.

Oct 10, 2017, 18:45 PM IST
India's transition to GST fairly smooth despite attempts to derail it: Arun Jaitley

India's transition to GST fairly smooth despite attempts to derail it: Arun Jaitley

Jaitley, who is on a week-long visit to the US to attend the annual meetings of the International Monetary Fund and World Bank, said under the GST the government has unveiled attractive schemes to ensure that the non-compliant in India become compliant.

Oct 10, 2017, 12:42 PM IST
Chinese Yuan exchange rate in line with fundamentals: IMF

Chinese Yuan exchange rate in line with fundamentals: IMF

The IMF expected that China`s current account surplus will continue to be narrowed if the country continues to implement reforms.

Jul 29, 2017, 16:21 PM IST
IMF could be based in Beijing in a decade, says chief

IMF could be based in Beijing in a decade, says chief

The International Monetary Fund (IMF) could be based in Beijing in ten years if the Chinese economy continues its growth momentum, IMF Managing Director Christine Lagarde has said.

Jul 25, 2017, 13:53 PM IST
IMF keeps India's growth forecast at 7.2% for 2017-18

IMF keeps India's growth forecast at 7.2% for 2017-18

According to IMF's World Economic Outlook Update, India's growth is projected to accelerate to 7.7 percent in 2018-19, from 7.2 percent forecast for 2017-18.

Jul 24, 2017, 15:26 PM IST
IMF keeps global growth forecasts; China, eurozone revised higher

IMF keeps global growth forecasts; China, eurozone revised higher

In its updated World Economic Outlook, the IMF said global gross domestic product would be 3.5 percent in 2017 and 3.6 percent in 2018.

Jul 24, 2017, 11:09 AM IST

Angela Merkel overshadows party ahead of September election

Challenger Martin Schulz of the centre-left Social Democratic Party (SPD) is leading his campaign with "more social justice", promising reforms to tax, unemployment benefits and childcare after having just succeeded with a push to legalise same-sex marriage.

Jul 03, 2017, 11:19 AM IST
IMF to participate for 'last time' in Greek bailout: Schaeuble

IMF to participate for 'last time' in Greek bailout: Schaeuble

The German finance chief has been inflexible on the issue of Greek debt relief, in opposition to the IMF which says it needs to be done to breathe new life into Greece's floundering economy.

Jul 01, 2017, 19:56 PM IST
IMF cuts U.S. growth forecasts, cites Trump fiscal plan uncertainty

IMF cuts U.S. growth forecasts, cites Trump fiscal plan uncertainty

The assumed stimulus from expected tax cuts and new federal spending spurred the IMF earlier this year to bump up its U.S. growth forecasts to 2.3 percent in 2017 and 2.5 percent in 2018. 

 

Jun 27, 2017, 21:16 PM IST

Mongolians pick president after scandal-plagued campaign

From its sprawling steppes to its capital and even in yurts serving as polling stations, people began to vote in the landlocked country sandwiched between Russia and China that was once viewed as an oasis of democracy full of economic promise.

Jun 26, 2017, 12:12 PM IST