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Financial markets have rallied this year on hopes that United States and China will reach a settlement. (Representational Image)

G-20 chiefs: World economic growth to revive later this year

a trade standoff between the United States and China threatens to dim the economic outlook.

13 Apr 2019 12:26 PM

Arun Jaitley will travel to Washington for attending the Spring Meetings of the World Bank and the International Monetary Fund (IMF) from April 12 to 14.

Jaitley addresses global investors on reforms, economic outlook

Economic Affairs Secretary Subhash Chandra Garg also attended the round-table meet.

10 Apr 2019 9:20 PM

Pakistan officials said Islamabad would seek around $8 billion from the IMF which would be the biggest package by the Fund for Islamabad. (Photo: AP)

Pakistan to receive USD 2.1 billion loan from China by Monday: Official

Islamabad is also in talks with the International Monetary Fund (IMF) for a bailout package.

22 Mar 2019 4:37 PM

International Monetary Fund. (Photo: AFP)

Greater efforts will be needed to reduce fiscal deficit: IMF mission chief for India

Interim budget envisages a slower pace of fiscal consolidation than previously planned: IMF mission chief for India

06 Feb 2019 10:25 AM

India slides to 7th largest GDP

Close behind France is India, the seventh largest economy worth $2.69 trillion, which is just $100 billion less than French economy.

24 Nov 2018 1:02 AM

State Bank of India, the country’s largest lender, sees its provision for bad loans remaining high for at least the next two quarters, after which it will start softening as it steps up efforts to improve asset quality, its chairman said on Friday.

SBI chief sees bad loan provision falling after two quarters

India’s banks have been plagued by a surge in non-performing loans which hit a record USD 150 billion at the end of March.

12 Oct 2018 5:23 PM

To be sure, the financial system is stronger today than before the global financial crisis, thanks to a decade of reform and recovery. (Representational Image)

IMF flags financial stability

India’s debt is lower than the best or emerging market economies in the world, a top IMF official has said.

10 Oct 2018 11:56 PM

New Prime Minister Imran Khan had earlier sought alternatives to a second bailout program in five years from the IMF as it impose austerity and limit his vision of an Islamic welfare state. (Photo: File)

IMF says Pakistan hasn't approached it for financial assistance

Pak's Finance Ministry said on Monday government would seek to open talks with the IMF in Bali this week for emergency financial assistance.

09 Oct 2018 2:25 PM

If projections are true, then India would regain the tag of fastest growing major economies of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019. (Photo: Pixabay)

Lauding GST, bankruptcy code, IMF forecasts India's 2018 growth at 7.3 pc

IMF predicts India's growth rate at 7.4 per cent in 2019, cuts China's growth forecast.

09 Oct 2018 8:33 AM

Prominent Indian-American economist Gita Gopinath.

Gita Gopinath new IMF chief economist

Gopinath is co-editor of current Handbook of International Economics with former IMF economic counsellor Kenneth Rogoff.

02 Oct 2018 8:32 AM

Gita Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University. (Photo: File)

Harvard professor Gita Gopinath appointed IMF chief economist

Gopinath will succeed Maurice (Maury) Obstfeld, who would retire at the end of 2018, the IMF said.

01 Oct 2018 8:47 PM

Newly elected PM believes the move will help the country stave off a USD 12 million bailout from the International Monetary Fund. (Photo: AP/ Pixabay)

Bizarre: Imran Khan to ban cheese to boost Pakistan's economy, Twitter goes berserk

Pakistan PM has suggested import ban of cheese in bid to boost country’s struggling economy - prompting outrage from nation's pizza lovers.

15 Sep 2018 2:53 PM

Pakistan has invited a team of IMF experts to visit the country by the end of this month as its economy faced a balance-of-payments crisis, a media report said Tuesday.

Cash-strapped Pakistan eyeing IMF bailout?

Pakistan needed USD 11.7 billion to service its external debt in current fiscal year 2018-19.

11 Sep 2018 7:08 PM

One of the key factors contributing to this struggle is the early marriage of women. (Photo: AFP)

India will get 27 per cent richer by increasing women workforce

The Indian economy has grown around seven percent for the last two decades.

17 Aug 2018 1:20 PM

The GST is an indirect tax levied on the supply of goods and services in India. It came into effect on July 1, 2017. (Representational Image)

GST ‘milestone reform’ but India should consider simpler rate structure: IMF

In its annual country report, IMF said that a dual rate structure can be progressive and preserve revenue neutrality.

08 Aug 2018 1:37 PM

In an editorial titled 'Bailing out Pakistan', that appeared in The Washington Times, Jed Babbin writes that Pakistan requires financial assistance to avoid defaulting on loans from China, World Bank and the IMF. (Photo: File)

IMF bailout of USD 3 bn of Pak would be a bad idea, says ex-US official

While Babbin expresses confidence that IMF would bail out Pak, he opines that there are 2 reasons why such action is not to be taken.

30 Jul 2018 9:49 PM

The International Monetary Fund on Monday slashed India's growth rate prediction to 7.3 per cent for 2018 and 7.5 per cent for 2019.

IMF slashes India's growth prediction to 7.3 per cent for 2018

Further, the international financial organisation forecasted a rate of growth of 7.8 per cent for 2019.

17 Jul 2018 10:48 AM

Gold reserves rose by $38 million to $21.369 billion in the reporting week.

India’s forex reserve dips to $406b

The country’s reserve position with the IMF also declined by $8.7 million to $2.484 billion, the apex bank said.

07 Jul 2018 7:28 AM

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Debunking a ghost town story

A new six-month visa will be introduced for job-seekers who overstayed their visa but wish to work in the country.

02 Jul 2018 5:12 AM

India's growth accelerated to 7.7 per cent in the fourth quarter of Financial Year (FY) 2017-18. That was up from 7 per cent in the previous quarter. (Photo: AFP | File)

IMF suggests 3 steps for India to sustain its high growth rate

The IMF Board is tentatively scheduled to meet on July 18 for its annual India meeting.

29 Jun 2018 9:11 AM

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Sunil Gatade