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Saturday, May 15, 2021

IMF

Covid surge in India ‘worrisome’, threatens growth prospects: IMF

By Arul Louis (IANS) The new wave of Covid-19 infections sweeping parts of India is "worrisome" and threatens the 12.5 per cent growth projection, an International Monetary Fund expert for the region said on Tuesday. Jonathan Otry, the Deputy Director...

IMF chief urges policymakers to foster fair recovery

Washington, April 8 (IANS) The International Monetary Fund (IMF) Managing Director Kristalina Georgieva urged policymakers to take the right actions by giving everyone a fair shot, as global economy is seeing a multi-speed recovery. "The good news is that there...

Indian economy to grow by historic high level of 12.5%: IMF

By Arul Louis (IANS) Emerging from the Covid-19 disruptions, India's economic growth is projected to reach the historically high level of 12.5 per cent this fiscal year and also regain its status as the world's fastest-growing economy, the International...

Decisive gov’t actions necessary for extensive vaccine rollouts: IMF

Washington, Jan 29 (IANS) Decisive government actions are necessary to ensure swift and extensive vaccine rollout, protect the most vulnerable households and otherwise viable firms, and foster a durable and inclusive recovery, the International Monetary Fund (IMF) said. "The Covid-19...

Faster recovery from Covid restrictions to boost India’s growth to 11%: Gopinath

By Arul Louis (IANS) India is coming back much faster than expected from the Covid-19 restrictions leading to a hike in projections for its economic growth rate to 11.5 per cent for the next fiscal year, Gita Gopinath, the...

IMF projects Indian economy to be fastest-growing next financial year at 11.5%

By Arul Louis (IANS): The International Monetary Fund (IMF) projects India's economy to bounce back by 11.5 per cent in the next financial year, making it the fastest-growing major economy, and attributed it to the effect of easing of lockdown...

India’s FY21 GDP outlook worsens, IMF sees 10.3% contraction

With the coronavirus pandemic still to be contained and the central government’s stimulus measures having limited impact on economic activities and consumer demand, the outlook for the Indian economy for the current financial year has only worsened. In its latest global outlook,...

IMF MD cautions against premature withdrawal of policy support

New Delhi, Oct 6 (IANS) As economies limp back to normalcy amid the coronavirus pandemic, International Monetary Fund (IMF) Managing Director Kristalina Georgieva has advised countries to avoid premature withdrawal of policy support for businesses and employees. Speaking at the...

PM Modi’s ‘Aatmanirbhar Bharat’ is a important initiative: IMF

By Lalit K Jha Sep 25 (PTI) Prime Minister Narendra Modi''s call for an "Aatmanirbhar Bharat" (self-reliant India) is an important initiative, the International Monetary Fund (IMF) said on Thursday. "The economic package under this self-reliant India initiative, which was...

India’s economy projected to contract by 4.5% in FY21: IMF

New Delhi/Washington, June 24 (IANS) Covid-19 battered India''s economy is projected to contract by 4.5 per cent this fiscal, said the International Monetary Fund. In the World Economic Outlook (WEO) forecast report, the IMF said that India''s economy is expected...

Latest News

Covid can trigger blood clots in arms, finds NRI scientist

New York, May 15 (IANS) A team of US researchers led by an Indian American scientist has reported the...