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With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

IMF says 'real' depreciation of Indian rupee only 6-7 per cent

The Indian currency has since the beginning of the year lost almost 13 per cent in value vis a vis the US dollar.

18 Sept 2018 4:20 PM IST

IMF approves debt relief for 25 poor countries. (PTI Photo)

IMF sent Myanmar $350 million in emergency aid; no precedent for...

The State Department said it would review its foreign assistance to the southeast Asian country

3 Feb 2021 5:41 PM IST

Hassan Rouhani (AFP photo)

Iran seeks IMF nod for $5bn loan after toll nears 4000

Iran is battling one of the deadliest coronavirus outbreaks which it says has killed close to 4,000 people and infected...

8 April 2020 6:08 PM IST

Pakistan approached the IMF in August 2018 for a bailout package. (Photo- AFP)

IMF postpones approval of second review $6 billion bailout package for...

Pakistan approached the IMF in August 2018 for a bailout package after Prime Minister Imran Khan's government took over

7 April 2020 1:21 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Arun Jaitley-led panel takes note of economic headwinds

Council in its 17th meeting also took note of progress of Financial Sector Assessment Programme for India.

22 Aug 2017 4:09 PM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

Note ban to have limited impact on Nepal: IMF

A IMF team, led by Geert Almekinders, visited Nepal from January 11-23, to hold discussions.

24 Jan 2017 10:42 AM IST

Deepak Parekh of HDFC.

Deepak Parekh slams poor ratings to India's economy

Parekh wonders how country with strong fundamentals on economic and political fronts can be rated so low.

1 May 2017 6:52 PM IST

Pakistans Prime Minister Nawaz Sharif with Chinese President Xi Jinping

China to invest extra $8.5 billion in Pakistan

The country's gross external financing needs would rise to $15.1 billion in 2018/2019.

24 Nov 2016 8:12 AM IST

In the previous week, the reserves had increased by USD 1.074 billion to USD 368.231 billion.

Forex reserves down $1.19 billion to $367 billion

India's reserve position with the fund dipped by USD 21.5 million to USD 2.346 billion.

18 Nov 2016 5:59 PM IST

Indias forex reserves have shot up considerably.

Forex reserves at life-time peak of USD 375.71 bn

Country's reserve position with the Fund, too, declined by USD 58.4 million to USD 2.288 billion.

12 May 2017 7:07 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India will clock over 7.5 pc growth in 2017-18: Finance Secretary

International Monetary Fund last month projected India's growth at 7.2 per cent in the fiscal 2017-18.

12 May 2017 12:35 PM IST

Arvind Mayaram (Photo: Bunny Smith)

Economy takes a hit if faith in the paper we called currency is...

In India, 70-80 per cent of the cash economy is legitimate, says Arvind Mayaram

13 Nov 2016 1:02 AM IST