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Page 34 - Imf

The IMF's growth downgrade math

India comprises just 3.2 per cent of the global economy at Market Exchange Rates, and a 1 per cent or so downgrade in its growth may appear too insignificant to impact global growth

The IMF's growth downgrade math
Updated On : 09 Feb 2020 | 9:21 PM IST

India's fiscal gap one of the highest in emerging markets: Report

Central & state govts combined expenditure exceeded revenues by around 7.5% of GDP in 2019

India's fiscal gap one of the highest in emerging markets: Report
Updated On : 08 Feb 2020 | 8:37 PM IST

Indian economy faced abrupt slowdown in 2019; it's not in recession: IMF MD

Kristalina Georgieva said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact

Indian economy faced abrupt slowdown in 2019; it's not in recession: IMF MD
Updated On : 01 Feb 2020 | 8:12 AM IST

Too soon to quantify potential economic impact of coronavirus, says IMF

IMF spokesman Gerry Rice added that China has enough fiscal space to support its economy though the crisis

Too soon to quantify potential economic impact of coronavirus, says IMF
Updated On : 30 Jan 2020 | 11:02 PM IST

IMF sees medium-term risks to global economy; more easing not the answer

The IMF said that global growth would have been 0.5 percentage point lower without last year's actions

IMF sees medium-term risks to global economy; more easing not the answer
Updated On : 29 Jan 2020 | 2:09 AM IST

Trends in the new year

Just about a month old and 2020 is turning out to be an interesting, even momentous, year for businesses in India

Image
Updated On : 27 Jan 2020 | 9:28 PM IST

Budget 2020 will have plan of action on economy: Prakash Javadekar

Javadekar also slammed critics of the National Popular Register exercise, saying that it was done during the Congress-led govt as well

Budget 2020 will have plan of action on economy: Prakash Javadekar
Updated On : 22 Jan 2020 | 6:33 PM IST

IMF blames India for global slowdown, lowers 2019 growth forecast to 4.8%

The IMF projection, 1.3 percentage point lower than its earlier estimates, is less than the five per cent projected by the official advance estimates

IMF blames India for global slowdown, lowers 2019 growth forecast to 4.8%
Updated On : 21 Jan 2020 | 11:13 AM IST

IMF, Gopinath will draw govt's ire, warns Chidambaram after growth forecast

"I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath," Chidambaram said.

IMF, Gopinath will draw govt's ire, warns Chidambaram after growth forecast
Updated On : 21 Jan 2020 | 11:12 AM IST

Need to focus on reducing inequality, IMF cites risks to global economy

Georgieva, who served as the World Bank's chief executive officer before moving to the IMF in October, has made reversing inequalities one of her top priorities

Need to focus on reducing inequality, IMF cites risks to global economy
Updated On : 18 Jan 2020 | 7:52 PM IST

IMF raises questions over methodology to calculate GDP growth in India

IMF also said there were weaknesses in the deflation method used to derive value added. Deflators are used to convert GDP at current prices to constant prices

IMF raises questions over methodology to calculate GDP growth in India
Updated On : 31 Dec 2019 | 11:49 PM IST

IMF cautions India against fiscal stimulus, says govt should go for reforms

The Budget projected the Centre's fiscal deficit to come down to 3.3 per cent of the country's gross domestic product (GDP) in 2019-20 against 3.4 per cent a year ago

IMF cautions India against fiscal stimulus, says govt should go for reforms
Updated On : 31 Dec 2019 | 11:49 PM IST

Reviving economic growth

The IMF has some useful suggestions

Reviving economic growth
Updated On : 31 Dec 2019 | 11:48 PM IST

Finance Commission chief N K Singh questions 'discriminatory' IMF scrutiny

This comes days after IMF Chief Economist Gita Gopinath cautioned the Fund may revise India's growth forecast 'significant downward'

Finance Commission chief N K Singh questions 'discriminatory' IMF scrutiny
Updated On : 28 Dec 2019 | 1:38 AM IST

India should recommit to debt reduction, focus on fiscal transparency: IMF

Despite some improvement in reported fiscal deficits, debt as a share of GDP remains little changed over the past decade partly due to increases in off-budget financing, IMF said

India should recommit to debt reduction, focus on fiscal transparency: IMF
Updated On : 24 Dec 2019 | 7:55 PM IST

IMF retains India's FY20 GDP growth rate forecast at 6.1%

IMF's projection is much higher than those by most agencies. RBI's latest projection pegged growth at 5 per cent, Standard & Poor's at 5.1 per cent, Moody's at 4.9 per cent and Fitch' at 4.6 per cent.

IMF retains India's FY20 GDP growth rate forecast at 6.1%
Updated On : 24 Dec 2019 | 10:46 AM IST

India should avoid fiscal stimulus and reduce public debt, IMF says

Government needs a credible consolidation path to rein in debt, including reducing subsidies and boosting the tax base, says IMF.

India should avoid fiscal stimulus and reduce public debt, IMF says
Updated On : 24 Dec 2019 | 10:26 AM IST

India in midst of significant economic slowdown, needs policy actions: IMF

"India is now in the midst of a significant economic slowdown," Salgado told reporters

India in midst of significant economic slowdown, needs policy actions: IMF
Updated On : 24 Dec 2019 | 9:57 AM IST

India must stick to fiscal consolidation in medium-term, says Gita Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among G20 nations, she added. "So, it's not a free lunch and this has to be very carefully managed," she said

India must stick to fiscal consolidation in medium-term, says Gita Gopinath
Updated On : 21 Dec 2019 | 12:26 AM IST

IMF may downgrade India's growth forecast significantly in Jan: Gopinath

A fall in consumption, lack of private investments and sluggish exports are being blamed for a slower GDP growth

IMF may downgrade India's growth forecast significantly in Jan: Gopinath
Updated On : 18 Dec 2019 | 1:38 AM IST