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Rise in interest rates dependent on growth of India, China: Finance Minister Nirmala Sitharaman

Talking about the IMF and WB meetings, Union Finance Minister Nirmala Sitharaman said the discussions were mostly focused on the economic slowdown.

Oct 20, 2019, 09:38 AM IST

Nirmala Sitharaman calls for 'concerted action' against economic slowdown at IMF

Union Finance Minister Nirmala Sitharaman on Friday gave a clarion call for ‘concerted action’ to mitigate the disruption on account of synchronous slowdown and to invoke the spirit of multilateralism for global growth during an annual meeting plenary session of the International Monetary Fund (IMF) and the World Bank Group held in US.

Oct 19, 2019, 14:44 PM IST

US-China trade war will drag down global growth, warns IMF

Both China and the US have had their growth forecasts lowered.

Oct 16, 2019, 08:13 AM IST

Taal Thok Ke: Pakistan faces heat from FATF group over failing to act on terror funding

In a big blow to Pakistan, Islamabad has been given a warning by Financial Action Task Force's (FATF) subgroup Asia Pacific Group APG on failing to meet its commitments on the issue of dealing with the financing of terror.#PakistanKaBlackFriday #PMModiFranceVisit #FATF

Aug 23, 2019, 20:04 PM IST

Former RBI Deputy Governor Subir Vithal Gokarn dead

A noted economist, Gokarn joined the IMF Executive Board as ED (India) in December 2015 and was to complete his term in October this year.

Jul 31, 2019, 17:00 PM IST

IMF cuts India's GDP growth forecast to 7% for FY20

The growth is expected to rise to 7.2 percent points in FY21, down by the projected growth rate of 7.5 in the earlier report."India`s economy is set to grow at 7.0 percent in 2019, picking up to 7.2 percent in 2020.

Jul 24, 2019, 11:05 AM IST

IMF predicts Indian economy to grow at 7.2 per cent in 2020

The International Monetary Fund (IMF) has taken note of robust strides taken by the Indian economy in recent years and predicts it to grow at 7.2 per cent in 2020.

Jul 23, 2019, 18:55 PM IST

US pushes for 'conditionality' in IMF bailout package to Pakistan

Pakistan last month reached an agreement with IMF for a USD 6 billion bailout package aimed at shoring up its finances and strengthening a slowing economy as tries to overcome a ballooning balance-of-payments crisis.

Jun 19, 2019, 10:09 AM IST

Pakistan to miss all key economic targets: Report

Livestock is the only sector with a positive story. Every other major sector - industrial, manufacturing, agricultural and service - is faring far below the intended targets.

Jun 09, 2019, 13:59 PM IST

Looking forward to working with new govt of PM Modi: IMF

"The IMF looks forward to working with Prime Minister Modi's new government," Gerry Rice said when asked about the election results in India.

May 24, 2019, 20:05 PM IST

One dollar equals 146 Rupees: How Pakistani currency is at its crumbling worst

The Pakistani government has maintained there is no need to panic because an IMF bailout package, it says, will normalise the situation.

May 15, 2019, 18:14 PM IST

Pakistan secures bailout package from IMF but is reminded of combating terror financing

The IMF has said Pakistani authorities understand the need to address challenges facing the country's dwindling economy.

May 12, 2019, 23:08 PM IST

Pakistan reaches 'agreement in principle' with IMF over bailout

The long-delayed rescue package would be Pakistan`s 13th IMF bailout programme since the late 1980s and comes at a time of worsening economic outlook for the South Asian nation of 208 million people.

Apr 15, 2019, 20:40 PM IST

Slowdown in global growth, trade to hit emerging market economies: RBI Governor Shaktikanta Das

The RBI Governor made this remark while addressing an event `Governor Talks` on the sidelines of International Monetary Fund-World Bank Spring Meetings.

Apr 13, 2019, 18:02 PM IST

Brexit delay better than no-deal outcome: International Monetary Fund IMF Managing Director Christine Lagarde

"A no-deal Brexit would have been a terrible outcome."


Apr 12, 2019, 05:28 AM IST

Jaitley discusses India's economic reforms with investors in US

Jaitley is visiting the US to attend the IMF-World Bank meeting in Washington from April 12 to 14.

Apr 11, 2019, 12:06 PM IST

International Monetary Fund lowers global growth forecast to 3.3% for 2019, warns of economic slowdown

The global lender cut said key risks included a US-China trade war and a potentially disorderly Brexit.


Apr 10, 2019, 06:25 AM IST

India one of world's fastest growing large economies: International Monetary Fund

IMF communications director Gerry Rice Thursday said, "India has of course been one of the world's fastest growing large economies of late, with growth averaging about seven per cent over the past five years."

Mar 22, 2019, 08:37 AM IST

Economy in shambles but Pakistan wants to increase its defence budget

The Pakistan government says the country's defence budget is already one of the lowest 'when compared to other states in the region, including India.'

Feb 08, 2019, 12:51 PM IST

IMF says India has done well, calls for more reforms ahead of Budget

The IMF top representative hoped for a fiscal consolidation in the upcoming budget.

Jan 31, 2019, 14:41 PM IST