IMF cuts India growth to 9.5%, but it remains fastest-growing large economy
Jul 28, 2021, at 02:40 pm
New Delhi: The 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 this fiscal year, pegging it now at 9.5 per cent, but the country still remains the world's fastest-growing large economy.
COVID: IMF proposes vaccination of 40 per cent of population in all countries by 2021 end
May 22, 2021, at 07:16 pm
New Delhi/IBNS: Amid the devastation of the economy due to COVID-19 pandemic, the International Monetary Fund (IMF) has proposed the vaccination of 40 per cent of the total population in all countries by the end of 2021.
India to grow at 12.5 pc in FY 22, predicts IMF
Apr 07, 2021, at 01:27 am
New Delhi/UNI: The International Monetary Fund on Tuesday revised upward its growth projection for India to 12.5 per cent for financial year 2021-22 from 11.5 per cent estimated in January.
IMF urges Euro zone governments to continue fiscal support amid pandemic
Dec 01, 2020, at 02:18 pm
Washington/Sputnik: The International Monetary Fund (IMF) is calling on governments in the euro zone to continue providing fiscal support until the COVID-19 crisis is over, Managing Director Kristalina Georgieva told reporters on Monday.
India set to trail behind Bangladesh in per capita GDP: IMF
Oct 14, 2020, at 07:29 pm
New Delhi/IBNS: In a shocker for India, the financial condition of which has taken a beating due to Coronavirus pandemic, the International Monetary Fund (IMF) has forecasted that the per capita Gross Domestic Product (GDP) of the Asian giant could trail behind its neighbour Bangladesh this year.
COVID-19: Recovery will be slower following ‘crisis like no other’, IMF predicts
Jun 25, 2020, at 09:59 am
New York/IBNS: Economic recovery from the COVID-19 pandemic is projected to be more gradual than previously forecast, according to a report published on Wednesday by the International Monetary Fund (IMF).
RBI cuts repo rate from 4 pct to 3.75 pct
Apr 17, 2020, at 10:38 am
New Delhi/IBNS: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced reducing the reverse repo rate from 4 percent to 3.75 percent.
Apr 15, 2020, at 01:18 pm
New York/IBNS: Forecasting the “worst economic downturn since the Great Depression”, the International Monetary Fund said on Tuesday that growth for the year was likely to end up at minus three per cent, with a dramatic change evident since the last World Economic Outlook report in January.
World economy is now in recession, worse than 2008 crisis: IMF
Apr 04, 2020, at 10:29 am
Washington/IBNS: International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Friday warned that the world economy is currently in 'recession' and it is worse than the 2008 scenario.
Indian economy on a temporary slowdown, expected to pick up soon: IMF chief Kristalina Georgieva
Jan 25, 2020, at 12:17 am
Davos/IBNS: IMF chief Kristalina Georgieva on Friday said India's economic slowdown seemed temporary and the growth momentum is likely to pick up in future, media reported.
Urgent policies needed to address India's slowdown: IMF
Dec 24, 2019, at 07:28 pm
New Delhi/UNI: India needs to take urgent policy actions to address the significant economic slowdown and return the country to a high growth path, the International Monetary Fund has said.
IMF cuts India's growth estimate to 6.1%
Oct 18, 2019, at 11:49 am
New Delhi: The International Monetary Fund (IMF) has cut its 2019 year growth projection for India to 6.1% from 7% in July, urging India to resort to monetary policy and broad- based structural reforms to eliminate weaknesses and boost confidence among Investors.
India to grow at 7 percent in 2019: IMF
Jul 24, 2019, at 09:00 am
Mumbai, July 24 (IBNS): The International Monetary Fund (IMF) on Tuesday said the growth rate of India will touch 7 percent for the current fiscal.
IMF chief urges governments to avoid wrong trade policies
Apr 12, 2019, at 09:42 am
Washington, Apr 12 (Xinhua/UNI) The International Monetary Fund (IMF) chief on Thursday urged policy makers to "do no harm" and avoid wrong trade policies, as the global economy experiences broad-based slowdown with a prospect of a "precarious" rebound.
IMF cuts global growth outlook, but predicts pick up later in 2019
Apr 10, 2019, at 08:04 am
New York, Apr 10 (IBNS): The outlook for global growth is at its lowest since the financial crisis, but expected to pick up in the second half of 2019, the International Monetary Fund reported on Tuesday, so long as “policy missteps that could harm economic activity” are avoided.
IMF forecasts 5.5 per cent GDP growth for Uzbekistan in 2019
Mar 09, 2019, at 01:25 pm
Tashkent, Mar 8 (IBNS): International Monetary Fund (IMF) forecasts GDP growth at 5.5 per cent in Uzbekistan in 2019 due to the investment boom in the country but export is likely to weaken, head of IMF mission, reported the media quoting head of IMF mission, Albert Eger.
IMF projects India's growth rate at 7.3 percent in 2018, at 7.4 percent next year
Oct 09, 2018, at 09:36 am
New York, Oct 9 (IBNS): The International Monetary Fund (IMF) on Tuesday predicted that India might be witnessing a 7.4 percent growth rate in 2019.
India born Gita Gopinath appointed as Chief Economist of IMF
Oct 01, 2018, at 10:26 pm
New Delhi, Oct 1 (IBNS): In a proud moment for India, Gita Gopinath has been appointed as Chief Economist of International Monetary Fund (IMF).
Argentina seeks quick release of $50bn loan from IMF as inflation soars
Aug 30, 2018, at 01:15 pm
Buenos Aires, Aug 30 (IBNS): Argentina has asked for a quick release of $50 billion loan from the International Monetary Fund (IMF) in order to battle its soaring inflation.
IMF forecasts 7.4 pct growth for India in FY19
Jan 23, 2018, at 03:02 pm
New Delhi, Jan 23 (IBNS): Giving positive report, the International Monetary Fund (IMF) on Monday forecast that India will grow at 7.4% in FY19.
Apr 23, 2017, at 06:02 pm
Washington, Apr 23 (IBNS): Union Minister of Finance, Defence and Corporate Affairs of India, Arun Jaitley participated in the Restricted Session of the International Monetary and Finance Committee (IMFC) and the Plenary Session of World Economic Leaders (IMFC Plenary) in Washington D.C. on Saturday.
IMF cuts India's growth rate following demonetisation stress
Jan 17, 2017, at 04:32 pm
Washington, Jan 17 (IBNS): In a setback for the Indian government, the International Monetary Fund (IMF) has cut India's growth rate to 6.6 percent for the current fiscal year, a decrease by one percent from its previous estimate.
IMF projects India's growth rate for this fiscal at 7.3 per cent
Mar 03, 2016, at 01:25 am
London, Mar 2 (IBNS) The International Monetary Fund (IMF) on Wednesday projected that India will witness a growth of 7.3 per cent for fiscal year FY2015/16.
IMF forecasts lower global growth this year
Oct 07, 2015, at 04:05 am
Washington, Oct 6 (IBNS): The Indian Monetary Fund (IMF) on Tuesday predicted a lower global growth compared to last year, with modest pickup in advanced economies.