Page 2 - Imf On India

India continues to be a source of growth for the global economy, says IMF

IMF Executive Board has forecast India's growth to rise to 7.3 per cent in FY2018/19 and 7.5 per cent in FY2019/20, on strengthening investment and robust private consumption

Consider simpler GST rate structure to avoid low compliance: IMF to India

The IMF also said that a dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality

IMF gives three tips to India for high growth, bank reforms among them

The IMF Board is tentatively scheduled to meet on July 18 for its annual India meeting

IMF maintains India's FY19 growth at 7.4%; cautions govt on fiscal deficit

Projected to overtake China to be fastest-growing large economy again

India should see growth picking up after GST and note ban shockers: IMF

The IMF said the recent recovery in investment can add to potential output growth, after downward revisions over the past years

Will update growth rate forecast for India in January: IMF

The International Monetary Fund (IMF) today said it will update its growth rate forecast for India in January next year. Recently, the US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2, with 'stable' outlook, from Baa3 earlier, citing improved growth prospects driven by economic and institutional reforms. This was followed by S&P Global Rating, which kept India's sovereign rating unchanged at BBB- with stable outlook saying vulnerabilities stemming from low per capita income and high government debt balances strong GDP growth. "We will be updating the forecast for India, including the growth rate, and that will be coming January with the update of our World Economic Outlook," IMF spokesman Gerry Rice told reporters at a news conference held at its headquarters here. The IMF statement came as the latest figures revealed that India grew at 6.3 per cent in the September quarter compared to 5.7 per cent in the June quarter, reflecting an

GST a monumental effort; Indian economy on very solid track: IMF chief

Lagarde described demonetisation and Goods and Services Tax as monumental

IMF for 3-pronged approach for structural reforms in India

India told to continue with fiscal consolidation through revenue measures, along with making further reductions in subsidies