Tag: imf

A Covid-weary world is facing a distressing reality check

Just a few weeks ago, much of the world seemed poised to leave Covid behind. U.S. President Joe Biden declared the U.S. close to independence...

India growth forecast: IMF slashes India’s growth forecast for FY22 to 9.5% from its previous projection of 12.5%

The International Monetary Fund (IMF) has slashed India’s growth forecast for FY22 to 9.5% from its previous projection of 12.5% citing the severe second Covid-19...

G20 finance chiefs back global tax crackdown

Finance chiefs of the G20 club of large economies have backed a landmark move to stop multinationals shifting profits into low-tax havens and win back...

We can sustainably end the pandemic with 7.2 billion vaccine courses a year: Chicago Booth’s Eric Budish

Eric Budish teaches economics at Chicago University’s Booth School of Business. Speaking to Srijana Mitra Das, Budish discusses the costs and benefits of building swift...

India opposes vaccine nationalism; calls for greater support to joint proposal with S Africa

India on Friday vehemently opposed ‘vaccine nationalism’ – or the attempts by some developed countries to hoard vaccines and not sharing them or the related...

Hiring to grow by 7% in April-June if further lockdowns not imposed: Report

The intent to hire in the current quarter is likely to rise by 7 per cent over the previous three months if further lockdowns and...

IMF projects India’s growth rate to jump to impressive 12.5 per cent in 2021

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy...

Abbas, Amphan, local strong men: Buzz words among voters in Diamond Harbour, S24 Parganas

Over the past few years, Bhangar, a constituency in TMC’s stronghold of S24 Parganas, has been notorious for political violence –– it has seen hundreds...

View: Why India cannot apply rich countries’ current orthodoxy of running on debt

How things change! In just one decade, fiscal austerity has gone from being a virtue to a vice. The IMF, which used to hold fiscal...

Follow China, Bangladesh’s cue or try something new? Here’s a budget idea to settle the growth debate

Economic comparisons between India and its bordering countries have generally yielded a fixed hierarchy of the top three rankings in the last couple of years...

Global economic recovery from Covid-19 ‘remains difficult’: IMF

Washington: The global economy faces a hard road back from the Covid-19 downturn, and nations should remove trade barriers on medical technologies to aid the...

V-shaped recovery seen in several high-frequency indicators: Finance Minister Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said V-shaped pattern of recovery is being seen in several high-frequency indicators, driven by various measures taken...

Indian economy will recover from coronavirus crisis with right policies: IMF official

WASHINGTON: The Indian economy, severely hit by the coronavirus pandemic, would be well placed to start recovering from the “horrible crisis” with the government making...

Pakistan on the losing side of history

New Delhi: Pakistani leadership across spectrum including men in uniform appears to be delusionary state of mind as it referred to “India’s humiliation” in military...

economy: View: Sharp fall in the latest growth estimates is a wake-up call to GoI to ramp up its stimulus package

For all its shortcomings, both at a conceptual and statistical level, gross domestic product (GDP) — or the money value of goods and services produced...

India GDP: Deficit monetisation: Is it really as simple as RBI printing more money?

By Deepthi Mary Mathew The Indian economy is passing through an unprecedented phase, and so is the fiscal health of the country. It is pretty...

Foreign investors pull out $26 bn from Asian economies; $16 bn from India

Amidst global economic recession due to coronavirus, foreign investors have pulled out an estimated USD 26 billion from developing Asian economies and over USD 16...

Indian market outlook: Indian market won’t test March lows but expect a big correction: Mark Mobius

Are things getting much better in Europe? How difficult is the ground activity and economic activity in Europe? It is very difficult in Europe. Despite...

iip: India seeks IMF, World Bank help to deal with IIP, CPI data gaps

NEW DELHI: Faced with the challenge of data inadequacy caused by the Covid-19 pandemic and lockdown, India has approached multilateral agencies including the International Monetary...

raghuram rajan: Spend where you need to, spend what it takes: Raghuram Rajan

Low oil prices are normally very good news for India given our huge dependence on imported oil but low oil prices if they are a...

Guardians of global economy come up short in fight against virus

By Rich Miller and Eric Martin The guardians of the global economy came up short. Facing what the International Monetary Fund says is a crisis...

gdp: India GDP projections by World Bank, IMF too optimistic: Ex-CEA Subramanian

New Delhi: Former chief economic adviser Arvind Subramanian on Wednesday said the GDP numbers being projected by the World Bank and IMF for India are...

Market is trying to find a balance between hope and fear: Nilesh Shah

Things were looking great till about 12 o’clock and now the sudden reversal has come in. What is your sense? Do you think in the...

IMF Warns ‘Great Lockdown’ Global Recession Will Be Worst Since Great Depression

Global gross domestic product will shrink by 3% in 2020 before recovering by 5.8% in 2021, according to the International Montetary Fund’s base case. April...

india gdp growth: IMF projects India’s growth rate at 1.9% in 2020, forecasts global recession due to COVID-19

The IMF on Tuesday projected a GDP growth of 1.9 per cent for India in 2020, as the global economy hits the worst recession since...