india

Indian economy poised to pick up in 2019, says IMF

IMF in its January World Economy Outlook update said India would remain the fastest growing major economies of the world. India is projected to grow at 7.5 per cent in 2019 and 7.7 per cent in 2020, an impressive over one percentage point ahead of China’s estimated growth of 6.2 per cent in these two […]

india

IMF-World Bank ends meetings with call to brace for risks

IMF members also pledged to avoid devaluing currencies to seek a trade advantage by making a country's exports relatively cheaper. Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank on Saturday by urging countries to brace for potential risks from trade disputes and other tensions. The meetings in […]

india

IMF projects India’s growth at 7.3 per cent in 2018

India is projected to grow at 7.3 per cent in 2018 and 7.4 per cent next year, the IMF said Tuesday, predicting that the country will regain the tag of the world’s fastest growing major economy this year, surpassing China with more than 0.7 percentage points. In 2017, India had clocked a 6.7 per cent […]

india

Pakistan to seek IMF loan to avert meltdown

Washington, which recently suspended military aid to Pakistan over its alleged failure to crack down on the Taliban, has expressed concern about IMF funds being used to repay Chinese loans. Pakistan says it will seek a bailout loan from the International Monetary Fund to address a mounting balance of payments crisis, Finance Minister Asad Umar […]