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IMF
Indian economy resilient as manufacturing activity hits 8-month high despite concerns over interest rate hike
Mon, Aug 01, 2022
While both new orders and output grew at their fastest pace since November, both input and output prices increased at their slowest rate in several months in a further boost to demand.
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Recession inevitable in Europe? What IMF says on Russian gas shutdown to EU countries
Wed, Jul 20, 2022
The IMF said Europe's energy infrastructure and global supply had coped so far with a 60 per cent drop in Russian gas deliveries since June last year, but underlined the potential costs should the Kremlin respond to Western sanctions by "weaponising" energy supplies, The Guardian reported.
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Gita Gopinath creates history! Breaking the trend, she becomes first woman to feature on IMF's wall
Fri, Jul 08, 2022
Breaking the trend, Indian Origin Gita Gopinath, the Deputy Managing Director of the International Monetary Fund (IMF), became the first woman to feature on IMF's 'Wall Of Former Chief Economists'.
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World Bank readies Sri Lanka aid package, IMF calls loan talks ''fruitful''
Sun, Apr 24, 2022
The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
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IMF cuts India's FY 23 growth forecast: How it impacts market, stocks, foreign flows, currency? Experts' take
Wed, Apr 20, 2022
The International Monetary Fund (IMF) has slashed India’s economic growth forecast to 8.2% for Financial Year (FY23) from 9% estimated in January, 2022, citing the impact of high oil prices on consumer demand and private investments
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IMF cuts India's 2022 growth prospects to 8.2% from 9%; says global economy will suffer significantly from Russia-Ukraine war
Wed, Apr 20, 2022
The International Monetary Fund has further slashed India`s economic growth prospects for 2022 to 8.2 per cent from its earlier projection of 9 per cent, which in itself was lowered from 9.5 per cent.
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Explainer-Sri Lanka's reluctance to tap IMF helped push it into an economic abyss
Mon, Apr 18, 2022
Sri Lanka`s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power cuts and a shortage of essentials, including fuel and medicines.
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Gita Gopinath takes charge as IMF’s first Deputy MD; downgrades global economic outlook for 2022 in her swansong as chief economist
Wed, Jan 26, 2022
Gita Gopinath takes over as International Monetary Fund’s (IMF) first Deputy Managing Director today as she stepped down for the position of Chief Economist. She will be succeeded by Pierre-Olivier Gourinchas, a French economist
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IMF cuts India's economic forecast to 9% for FY22- Here is why
Wed, Jan 26, 2022
The IMF on Tuesday cut India's economic growth forecast by 0.5 percentage points to 9 per cent for the current fiscal year, with its Chief Economist Gita Gopinath saying that the slight downgrade is mainly due to the impact of the spread of the Omicron variant.
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IMF chief urges global cooperation to control pandemic, support economic recovery
Tue, Dec 07, 2021
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has urged for global cooperation to control the raging Covid-19 pandemic and support the economic recovery as the new Omicron variant has spread to over 40 countries around the world.
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IMF revises down Asia economy growth forecast to 6.5%
Wed, Oct 20, 2021
The International Monetary Fund (IMF) on Tuesday revised down its 2021 economic growth forecast for Asia to 6.5 per cent, down by 1.1 percentage points from its April projection, according to a newly released regional economic outlook.
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Indian economy to grow at 9.5% this year and 8.5% in 2022: IMF
Tue, Oct 12, 2021
India's economy, which contracted by 7.3 per cent due to the COVID-19 pandemic, is expected to grow by 9.5 per cent in 2021 and 8.5 per cent in 2022, according to latest projections released by the International Monetary Fund on Tuesday.
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