You Searched For "The International Monetary Fund" and got 20 results
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1 min read
Forex reserves fall to $562 billion during period ending Dec 23: RBI data
India's foreign exchange reserves fell by $691 million to $562.808 billion as on December 23, accor…
2 mins read
IMF praises RBI for tightening the monetary policy to curb inflation
"The RBI has appropriately been tightening to fight inflation as the inflation is above target, …
PTI
2 mins read
Pakistan's FDI plunges 52% in four months says a Dawn report
On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 millio…
ANI
2 mins read
Pakistan's default risk soars amid political turmoil says a Dawn news report
Pakistans default risk as measured by five-year credit-default swaps (CDS), insurance contracts tha…
2 mins read
IMF downgrades 2023 global growth forecast to 2.7%
The International Monetary Fund (IMF) has projected the global economy to grow by 3.2 per cent in 2…
4 mins read
World Bank downgrades India's economic growth forecast to 6.5% for FY23
The Indian economy grew by 8.7 per cent in the previous year. "The Indian economy has done …
PTI
3 mins read
Globalized inflation is a threat to global economy itself, says RBI guv Das
RBI governor Shaktikanta Das sounded a cautionary note for the global economy, underlining that glo…
3 mins read
Pak floods: WHO concerned about water-borne diseases
In a statement issued by WHO chief Tedros Adhanom Ghebreyesus, the global health watchdog said w…
PTI
1 min read
Former chief economic adviser Krishnamurthy Subramanian to be India's ED at IMF
Former Chief Economic Adviser (CEA) Krishnamurthy Subramanian will be the Executive Director for In…
1 min read
Sri Lanka bans import of 300 items including chocolates, perfumes and shampoos
Sri Lanka has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shamp…
PTI
3 mins read
IMF slashes India's growth forecast by 0.8 percentage points to 7.4 per cent for 2022
The 2022 cut for India "reflects mainly less favorable external conditions and more rapid policy ti…
1 min read
A Russian gas cutoff would send Europe into recession unless nations around the world pooled their dwindling supplies together, IMF says
Under a best-case scenario, the EU's economy would contract by 0.4%, but shrink by more than 2% in …
Phil Rosen
1 min read
The IMF is about to slash its global growth forecast for the 2nd time in 3 months as high inflation, China lockdowns, and war in Ukraine hammer economies
World leaders need to unite and foster closer ties to boost global economic growth, the IMF's Krist…
Brian Evans
2 mins read
De-dollarizing global trade is a great move but will take decades to play out says Motilal Oswal
The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Serv…
1 min read
Economic tension on all-time high as Pakistani rupee breaches 200-mark in interbank trading
The value of the dollar appreciated by Rs 1.81, or 0.91 per cent and was trading at Rs 200.20 at 11…
2 mins read
Iran has shut down nearly 7,000 illegal crypto mining operations as it looks to solve its energy crisis
Iran has shut down nearly 7,000 illegal crypto mining operations since the crackdown began in 2020.…
3 mins read
Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says
Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside tra…
Hamza Fareed Malik
2 mins read
The IMF slashes its 2022 global growth forecast as the Russia-Ukraine war inflicts significant economic damage
The IMF sees Ukraine's economy contracting by 35% and Russia's economy shrinking by 8.5% in 2022.
Carla Mozée
4 mins read
SIMPLY PUT: Why Sri Lanka is going through an economic meltdown
India’s southern neighbour is now struggling to provide electricity, fuel and basic essent…
2 mins read
There is no universal approach for central bank digital currencies and countries must focus on privacy, IMF says
"There is no universal case for CBDCs because each economy is different," said IMF Managing Directo…