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India should focus on women's inclusion in economy: IMF Chief
Tue, Jan 23, 2018
Lagarde also said that India should continue with reforms with special focus on financial services sector.
IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt
Tue, Jan 23, 2018
IMF in its World Economic Outlook update, January 2018, said that India will grow 7.4% and 7.8% in FY19 and FY20, respectively.
World economy gathering speed, but growth momentum unlikely to last long: IMF
Mon, Jan 22, 2018
The world economy is gathering speed with growth forecast for 2018 and 2019 pegged at 3.9 per cent, the IMF said today but warned that the present economic momentum reflects a "confluence of factors" that is unlikely to last for long.
India reclaiming place at growth leader, says IMF
Tue, Jan 16, 2018
After a short period of slowdown in the economy, India is reclaiming its place as a growth leader, first deputy managing director of the International Monetary Fund (IMF) David Lipton said.
Reforms pave the way for India's stronger medium-term growth: Report
Mon, Jan 08, 2018
NPA problem can be gauged by absolute level of impaired assets: CARE Ratings
Wed, Dec 27, 2017
The NPA ratios for countries has been categorized under four headings: very low NPAs which are less than 1%, low level 1-2%, medium 2-5% and high levels above 5%, the agency said.
Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018
Wed, Dec 27, 2017
The value-added tax, or VAT, will apply to a range of items like food, clothes, electronics and gasoline, as well as phone, water and electricity bills, and hotel reservations.
IMF warns on brewing risks in China's financial system
Thu, Dec 07, 2017
The IMF report comes a day after regulators in Beijing drafted new rules to strengthen bank funding, and follows a number of alerts about a ballooning debt problem in the world's number-two economy.
IMF to update India growth rate forecast in January
Fri, Dec 01, 2017
The International Monetary Fund (IMF) today said it will update its growth rate forecast for India in January next year.
India moves up one notch to 126 in GDP per capita terms
Sun, Nov 19, 2017
The data, which forms part of the latest World Economic Outlook report of the International Monetary Fund, ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP).
Mumbai to host Asian Bankers Association summit for first time
Sun, Nov 12, 2017
The two-day conference will be held in the megapolis from November 16 and will be hosted by State Bank, with the theme of 'Asia's turn to transform', SBI said.
International Monetary Fund not endorsing Universal Basic Income in India: Official
Sun, Oct 15, 2017
The IMF today shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced by the Universal Basic Income (UBI) in India.
IMF favours three structural reforms in India
Sat, Oct 14, 2017
The IMF has suggested a three- pronged approach for structural reform in India that includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets.
India should prioritise public banking sector reforms: IMF
Fri, Oct 13, 2017
The country's growth is expected to accelerate in the medium-term as temporary disruptions due to demonetisation and the Goods and Services Tax (GST) fade, the International Monetary Fund said in its Asia and Pacific Regional Economic Outlook Update.
Demonetisation, GST uncertainties affected India's economic momentum: World Bank
Wed, Oct 11, 2017
A slowdown in India's growth rate, the bank said, has also affected the growth rate of South Asia. As a result, South Asia has fallen to second place after East Asia and the Pacific.
IMF downgrades India's growth, but says a blip in much positive long-term
Wed, Oct 11, 2017
"The downgrade for this year's looks like a blip in a much positive longer-term picture," Maurice Obstfeld, Economic Counsellor and Director of Research Department at IMF.
India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%
Tue, Oct 10, 2017
But according to the report, it is only a temporary setback for India, and it projected India to regain the top spot next year with a 7.4% growth rate for the gross domestic product (GDP) even though that estimate was also down from the 7.7% made in July.
India's foreign exchange reserves surge by over $4 billion
Sat, May 27, 2017
The foreign exchange (Forex) reserves of India have risen by over $4 billion as on May 19 this year.
Indian economy to grow at 7.4% this year, FICCI Survey finds
Mon, May 15, 2017
KEY HIGHLIGHTS: 1. Indian economy to grow between 7% to 7.6% this year. 2. Agricultural sector is estimated to growth at 3.5% in 2017-18 3. Majority of economists surveyed supported Universal Basic Income
India's growth to rebound to 7.2% after demonetisation disruptions: IMF
Tue, May 09, 2017
"In India, growth is projected to rebound to 7.2 per cent in FY2017-18 and further to 7.7 per cent in FY2018-19," the IMF said.