Imf

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Imf - Total results - 722
India's debt ratio to GDP increases from 74% to 90% during COVID-19: IMF
India

India's debt ratio to GDP increases from 74% to 90% during COVID-19: IMF

Vitor Gaspar, Director of IMF's Fiscal Affairs Department, said that widening deficits and contraction in economic activity, debt worldwide increased sharply to 97% of GDP in 2020

Evidence of normalisation of India’s economic activity, says IMF chief economist Gita Gopinath
India

Evidence of normalisation of India’s economic activity, says IMF chief economist Gita Gopinath

In its annual World Economic Outlook, the Washington-based global financial institution said that the Indian economy is expected to grow by 6.9 percent in 2022

IMF projects India’s growth rate to jump to 12.5% for 2021, stronger than that of China
Business

IMF projects India’s growth rate to jump to 12.5% for 2021, stronger than that of China

The Washington-based global financial institution said that the Indian economy is expected to grow by 6.9 percent in 2022

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report
India

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday

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

IMF projects impressive 11.5% growth rate for India in 2021, says economic activities revitalised 'quite significantly'
India

IMF projects impressive 11.5% growth rate for India in 2021, says economic activities revitalised 'quite significantly'

This makes India the only major world economy projected to register double-digit growth in 2021. As per the IMF, the next closest nations are China (8.1 percent), Spain (5.9 percent) and France (5.5 percent)

Farmers' protest is 'about politics, not economics', India's IMF executive director Surjit Bhalla tells CNN-News18
India

Farmers' protest is 'about politics, not economics', India's IMF executive director Surjit Bhalla tells CNN-News18

About the mandi system, the economist said that the government should be able to acquire food for the PDS system from the marketplace instead of the mandis

COVID-19 could push over 1 billion into extreme poverty by 2030, says UN study
World

COVID-19 could push over 1 billion into extreme poverty by 2030, says UN study

The study assesses the impact of different COVID-19 recovery scenarios on the Sustainable Development Goals, evaluating the multidimensional effects of the pandemic over the next decade

BRICS Summit: Nations supporting terrorism must be held to account, says Narendra Modi
India

BRICS Summit: Nations supporting terrorism must be held to account, says Narendra Modi

In his address, the prime minister also underlined the need for UN Security Council reform as well as multilateral bodies such as the WTO and the IMF

'Solid achievement of BJP's hate-filled cultural nationalism': Rahul Gandhi slams Centre over IMF data
Politics

'Solid achievement of BJP's hate-filled cultural nationalism': Rahul Gandhi slams Centre over IMF data

Rahul shared a graph which showed Bangladesh closing in on India and almost catching up with it in terms of per capita GDP this year

Indian economy may contract by 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF
Business

Indian economy may contract by 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF

Revisions to the growth forecast are particularly large for India, where GDP contracted much more severely than expected in the second quarter

India's GDP expected to contract by 9.6% this fiscal, says World Bank report
India

India's GDP expected to contract by 9.6% this fiscal, says World Bank report

The spread of COVID-19 and containment measures have severely disrupted supply and demand conditions in India, the World Bank said in its latest South Asia Economic Focus report

Downturn from pandemic offers path to green, climate resilient economies: IMF
World

Downturn from pandemic offers path to green, climate resilient economies: IMF

A fiscal stimulus could be an opportunity to boost green and resilient public infrastructure, the IMF said.

Centre issues SOPs for approaching festival season; India's COVID-19 cases rise to 66.8 lakh
India

Centre issues SOPs for approaching festival season; India's COVID-19 cases rise to 66.8 lakh

As per the new guidelines, organisers will be required to provide adequate area for an event along with a detailed site map of the venue and proper markings to maintain social distancing

Day after French President Macron's visit, Lebanese leaders begin talks to form new crisis govt
World

Day after French President Macron's visit, Lebanese leaders begin talks to form new crisis govt

France and the international community have said they will not provide financial assistance to Lebanon unless it implements radical changes

'Inequality starts at top': UN chief pushes for reform of global institutions in speech to world leaders
World

'Inequality starts at top': UN chief pushes for reform of global institutions in speech to world leaders

Antonio Guterres pushed for a so-called New Global Deal to ensure power, wealth and opportunity are shared more broadly and fairly.

India's economy wasn't hit as hard as anticipated; scope to boost farm employment: veteran banker KV Kamath tells Network18
India

India's economy wasn't hit as hard as anticipated; scope to boost farm employment: veteran banker KV Kamath tells Network18

Indicating there is a big scope for enhancing farm employment, KV Kamath said that agriculture has come back very quickly and rural India has been less affected by the challenges presented by the COVID-19 pandemic.

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

COVID-19 Impact: Foreign investors pull out $26 billion from Asian economies, over $16 billion from India
Business

COVID-19 Impact: Foreign investors pull out $26 billion from Asian economies, over $16 billion from India

“Foreign investors have pulled an estimated $26 billion out of developing Asian economies and more than $16 billion out of India, increasing concerns of a major economic recession in Asia,” independent Congressional Research Center said in its latest report on global economic effects of COVID-19.

Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain
Business

Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain

There is plenty to celebrate for MSMEs and other entities covered under Nirmala Sitharaman's first package of details to flesh out Prime Minister Narendra Modi's Rs 20-lakh-crore stimulus