Imf
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India surpasses France to become world's sixth largest economy
Business | Jul 11, 2018, 06:50 PM ISTWith GDP of USD 19,390,604 million, United States has topped the list, followed by China with USD 12,237,700 million.
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India fastest growing economy at 7.4 per cent in 2018: IMF
Business | May 09, 2018, 11:00 AM ISTHowever, it added a note of caution: "In India, given increased inflation pressure, monetary policy should maintain a tightening bias."
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Better policy management, inclusive growth-oriented reforms can make India powerhouse economy: IMF
Business | Apr 20, 2018, 04:51 PM ISTDavid Lipton, the International Monetary Fund’s First Deputy Managing Director, also expressed hope that India’s growth will be reflected in poverty reduction statistics and eventually in a measurement of metrics of inclusion.
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India’s reforms bearing fruits, benefitting people: IMF
Business | Apr 20, 2018, 10:59 AM ISTA top IMF official pointed out that the success of reforms carried out by India makes a strong case for more steps.
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India using 'right policies' to lower high debt level, says IMF
Business | Apr 19, 2018, 07:48 AM ISTIndia has "quite a high" debt to GDP ratio, but New Delhi is trying to lower it using "the right policies", the International Monetary Fund has said.
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India must ensure privacy of biometric info: IMF on Aadhaar
India | Apr 13, 2018, 06:01 PM ISTIdentifying India as a leader in the biometric identification system, the IMF in its fiscal monitor report on digital governance released here on Thursday said digitalisation can facilitate stronger governance, fiscal transparency and better scrutiny of the budget process.
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OBOR important initiative to foster regional cooperation, but entails risks as well: IMF
World | Mar 30, 2018, 08:53 PM ISTChinese President Xi Jinping's multi-billion project, the initiative focuses on improving connectivity and cooperation among Asian countries, Africa, China and Europe.
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IMF chief Christine Lagarde warns against trade war; says it's unwinnable
Business | Mar 15, 2018, 09:26 PM ISTChristine Lagarde in a blog said that policymakers should ensure that import tariffs recently announced by the US do not lead to a wider escalation of protectionism.
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Indian economy seems to be on way to recovering from demonetisation disruptions: IMF
Business | Mar 11, 2018, 11:41 AM ISTCalling this development a "welcome change", an IMF official said the growth prospects remain positive.
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US steel, aluminum tariffs to likely hurt economies: IMF
Business | Mar 03, 2018, 03:38 PM ISTTrump on Thursday said that he would impose a 25 per cent import tariff on steel and 10 per cent on aluminium to protect US producers.
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With 7.4% growth rate, India to overtake China as fastest growing economy in FY 2018-19: IMF
Business | Jan 23, 2018, 01:39 PM ISTThe IMF estimates for India are slightly better than the World Bank’s estimate of 7.3% for the next fiscal year made earlier this month.
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Salutary benefits from demonetisation exercise in medium-term: IMF
Business | Dec 15, 2017, 08:23 AM ISTWilliam Murray said the demonetisation did cause some temporary disruptions in economic activity, primarily, private consumption and small businesses due to cash shortages.
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IMF to update India’s growth rate forecast on encouraging September GDP data
Business | Dec 01, 2017, 01:57 PM ISTThe IMF statement came as the latest figures showed that India grew at 6.3 per cent in the September quarter compared to 5.7 per cent in the June quarter, reflecting an improvement in the Indian economy.
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Not endorsing Universal Basic Income in India, says IMF official
Business | Oct 15, 2017, 10:01 AM ISTAn IMF official said it is not endorsing the replacement of Public Distribution System (PDS) with the Universal Basic Income (UBI) in India.
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India carried out structural reforms like demonetisation, GST at the right time: Arun Jaitley
Business | Nov 03, 2017, 02:09 PM ISTIndia carried out key structural reforms like demonetisation and the GST at the right time and it will serve the country well in the days to come, Finance Minister Arun Jaitley today said.
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Indian economy on 'very solid track' in mid-term: IMF chief
Business | Oct 15, 2017, 07:45 AM ISTIMF chief Christine Lagarde today said the Indian economy is on a "very solid track" in the mid-term.
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Urgent need to revise quota share in IMF: Arun Jaitley
National | Oct 14, 2017, 11:31 PM ISTUnion Finance Minister Arun Jaitley also expressed hope that this can be done as part of the 15th General Review of Quotas (GRQ).
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IMF favours three-pronged approach for structural reforms in India
Business | Oct 14, 2017, 02:04 PM ISTDeputy Director Asia Pacific Department of IMF, Kenneth Kang, said the favourable outlook for Asia was an important opportunity for India to push forward with difficult reforms.
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Modi government working on plan to rebuild capacity of banking sector: Arun Jaitley
Business | Oct 12, 2017, 11:51 AM ISTFinance Minister Arun Jaitley has said the Indian government is working on a plan to rebuild the capacity of the banking sector.
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IMF lowers India's growth forecast to 6.7% in 2017 over demonetisation, GST
Business | Nov 03, 2017, 02:55 PM ISTThis year's growth projection is 0.5 percentage points less than its previous two forecasts in April and July, attributing it to demonetisation and introduction of the GST.