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3 mins read
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
1 min read
Argentina devalues the peso by 54% as it kicks off radical economic reform plan
President Milei is rolling out shock measures for the economy, including cratering the value of the…
Phil Rosen
1 min read
Pakistani rupee sees highest one-day fall in 20 years
The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This …
ANI
3 mins read
Inflation may be past peak but cost of living crisis is far from over, say experts
Gita Gopinath, Deputy Managing Director of the International Monetary Fund, said, "we do believe th…
PTI
2 mins read
Three of the world’s leading financial institutions band together for international trade reforms
The functions of the World Trade Organisation (WTO), International Monetary Fund (IMF) and the Worl…
3 mins read
IMF backs new taxes on corporations and the wealthy, furthering organization's historic shift
The IMF used to be criticized for backing the interests of wealthy, developed countries and their m…
Ben Winck,Juliana Kaplan
2 mins read
IMF projects 11.5% growth rate for India in 2021, only major economy to record double digit growth
In its latest update, the IMF projected a 11.5 per cent growth rate for India in 2021. This ma…
PTI
3 mins read
IMF projects India's public debt ratio to hit 90% of GDP because of COVID-19 expenditure
"Going forward it is projected to stabilise in 2021, before slowly declining up to the end of the p…
PTI
3 mins read
IMF pegs India's economic growth to dip by 10.3% this year — will recover from coronavirus crisis with right policies
The International Monetary Fund in its annual World Economic Outlook significantly downgrades India…
PTI
3 mins read
India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist
India has emerged as "a bright light" at a time when the world is facing imminent prospects of a re…
PTI
1 min read
India gets more voting rights as IMF reforms quota
In the last IMF-World Bank meeting which was held at Lima, Peru, in October last year, India’s fina…
2 mins read
Investment blockage will adversely affect job creation, says FM Arun Jaitley
"If we stop the fountain of investment, then employment will not increase, then economic acti…
2 mins read
The US dollar is ticking higher on the 'prospects of both tax reform and additional monetary tightening by the Fed'
"The Dollar Index is flirting with important resistance in the 94.00-94.25 area, which corresponds …
Elena Holodny
3 mins read
India's Gita Gopinath just took over as the chief economist of the IMF— here are 5 things you should know about her
Prior to stepping into the role, the Indian-born Gita Gopinath was a tenured economics professor…
2 mins read
After a terrible start to the year, India’s foreign investment inflows have finally rebounded
The reasons for this had to do with a pessimistic view of India’s short-term growth trajectory, …
2 mins read
India’s large and young labour force could become a huge disadvantage by 2030
A new report by the the research arm of the State Bank of India (SBI), India’s largest bank, has a…
2 mins read
Ministry of Finance is hiring interns with a maximum stipend of ₹20,000 per month
The Ministry of Finance is recruiting 15 paid and 10 unpaid interns for a duration of 3-6 months. T…
3 mins read
India's demand for the yellow metal rises 43% in Q2: World Gold Council
Coming out of the grip of economic slump brought in by the coronavirus pandemic, Indias gold demand…
4 mins read
Russia once had ambitions of making Moscow an international finance hub. Putin's war has crushed the dream.
At a conference in 2010, Russian President Dmitry Medvedev said the country's interest to be come a…
Huileng Tan
1 min read
Jaitley forecasts 7.5% GDP in current fiscal year
Among emerging economies, "India has been a major driver of global economic growth with an …