Gita Gopinath

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Gita Gopinath - Total results - 47
Farm laws have potential to raise agricultural incomes, but social safety net needed, says IMF’s Gita Gopinath
India

Farm laws have potential to raise agricultural incomes, but social safety net needed, says IMF’s Gita Gopinath

The IMF chief economist said Indian agriculture is in need of reforms and the new laws are capable of widening the market for cultivators

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF
Business

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so

Indian economy to contract by 4.5% in 2020 due to longer lockdown, slow recovery, says IMF
Business

Indian economy to contract by 4.5% in 2020 due to longer lockdown, slow recovery, says IMF

The IMF on Wednesday projected a sharp contraction of 4.5 percent for the Indian economy in 2020, a 'historic low', citing the unprecedented coronavirus pandemic that has nearly stalled all economic activities

Coronavirus Outbreak: IMF calls on all countries to refrain from putting restrictions on exporting medical supplies
Business

Coronavirus Outbreak: IMF calls on all countries to refrain from putting restrictions on exporting medical supplies

The IMF has called on all countries to refrain from putting restrictions on exporting medical supplies in view of their massive requirement across the globe to combat the coronavirus pandemic that has killed at least 119,000 people and infected nearly two million

IMF projects India's GDP growth at 1.9% in 2020, forecasts global recession due to coronavirus
Business

IMF projects India's GDP growth at 1.9% in 2020, forecasts global recession due to coronavirus

The IMF on Tuesday projected a GDP growth of 1.9 percent for India in 2020, as the global economy hits the worst recession since the Great Depression in the 1930s due to the raging coronavirus pandemic that has nearly stalled all economic activities across the world

IMF chief economist Gita Gopinath says a very credible challenger necessary to displace US dollar's dominance
Business

IMF chief economist Gita Gopinath says a very credible challenger necessary to displace US dollar's dominance

Speaking here at a WEF 2020 session on dollar's dominance, Gopinath said historically one currency has always dominated the global trade.

No harm in disputing IMF projections on India, but cannot ignore hard realities on growth front
Business

No harm in disputing IMF projections on India, but cannot ignore hard realities on growth front

In January 2019, IMF’s forecast for India was 7.5 percent. This was revised down to 7.3 percent in April, further down to 7 percent in July, 6.1 percent in October and now to 4.8 percent.

Budget 2020 needs a Fiscal Operation Twist to balance short-term growth revival with long-term disicipline
Business

Budget 2020 needs a Fiscal Operation Twist to balance short-term growth revival with long-term disicipline

A Fiscal Operation Twist may be a formula to get there with enhanced spending in some areas and a clear will to tighten the belt elsewhere.

India needs a 'lot of investment', environment must be created for it: IMF chief economist Gita Gopinath
Business

India needs a 'lot of investment', environment must be created for it: IMF chief economist Gita Gopinath

On Monday, Gopinath said growth in India slowed sharply owing to stress in the non-banking financial sector and weak rural income growth.

India's lower than expected GDP numbers 'biggest drag' on global growth forecast for two years, says IMF's Gita Gopinath
Business

India's lower than expected GDP numbers 'biggest drag' on global growth forecast for two years, says IMF's Gita Gopinath

India-born IMF Chief Economist Gita Gopinath said growth in India slowed sharply owing to stress in the non-bank financial sector and weak rural income growth

IMF calls for 'urgent' action by India to reverse economic slowdown; says govt has limited options to boost spending amid high debt levels
Business

IMF calls for 'urgent' action by India to reverse economic slowdown; says govt has limited options to boost spending amid high debt levels

The IMF in October slashed its forecast for 2019 by nearly a full point to 6.1 percent, while cutting the outlook for 2020 to 7.0 percent.

For India's $5 trillion dream to materialise, high quantity investments are in order; govt must acknowledge this reality
Business

For India's $5 trillion dream to materialise, high quantity investments are in order; govt must acknowledge this reality

For India to reach the $5 trillion economy target, it needs to grow at 9 percent per annum, which is out of the question now

Citizenship mayhem is perfect smokescreen for government to hide real economic issues, but the clock is ticking
Business

Citizenship mayhem is perfect smokescreen for government to hide real economic issues, but the clock is ticking

Gita Gopinath’s comment should serve as a big warning to the Narendra Modi government to get its focus back on economy.

IMF may downgrade India's growth forecast significantly in January, says Gita Gopinath; country only emerging market to throw a 'surprise of this kind'
Business

IMF may downgrade India's growth forecast significantly in January, says Gita Gopinath; country only emerging market to throw a 'surprise of this kind'

Gita Gopinath warned that the fiscal situation in India is "challenging" and the country will certainly breach the 3.4 percent deficit target

India should focus on structural reforms, clean-up of banks and labour reforms: IMF Chief Economist Gita Gopinath
Business

India should focus on structural reforms, clean-up of banks and labour reforms: IMF Chief Economist Gita Gopinath

With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand

Mocking Abhijit Banerjee's work ethic is bad form, govt must seek Nobel winner's counsel instead
Business

Mocking Abhijit Banerjee's work ethic is bad form, govt must seek Nobel winner's counsel instead

Over the years, Abhijit Banerjee, along with his wife Esther Duflo has done commendable work in identifying reasons for poverty on the ground through the Abdul Latif Jameel Poverty Action Lab (J-PAL), which they co-founded with Sendhil Mullainathan in 2003

India should keep fiscal deficit in check, economy may pick up at 7% in 2020; revenue projections look optimistic: Gita Gopinath
Business

India should keep fiscal deficit in check, economy may pick up at 7% in 2020; revenue projections look optimistic: Gita Gopinath

On the projections in the World Economic Outlook report, Gopinath said appropriate steps have been taken.

IMF says global economy is in a synchronised slowdown; cuts growth forecast to 3% in 2019
World

IMF says global economy is in a synchronised slowdown; cuts growth forecast to 3% in 2019

The global economy is in a "synchronised slowdown" amidst growing trade barriers and heightened geopolitical tensions, the IMF warned on Tuesday as it downgraded the 2019 growth rate to three percent, the slowest pace since the global financial crisis

IMF cuts India's GDP growth by 30 bps for 2019, 2020; downward revision reflects weaker-than-expected outlook for domestic demand
Business

IMF cuts India's GDP growth by 30 bps for 2019, 2020; downward revision reflects weaker-than-expected outlook for domestic demand

This is a downward revision of 0.3 percent for both the years as compared to the International Monetary Fund's (IMF) previous projections early this year, it said.