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Economist Surjit Bhalla appointed executive director for India at IMF

Bhalla's appointment comes at a time when India is facing an economic slowdown and the government is struggling hard to revive it

Economist Surjit Bhalla appointed executive director for India at IMF
Updated On : 02 Oct 2019 | 12:21 AM IST

Economist Surjit S Bhalla appointed as executive director for India at IMF

His appointment has been cleared by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi

Economist Surjit S Bhalla appointed as executive director for India at IMF
Updated On : 01 Oct 2019 | 10:07 PM IST

IMF team in Pak to review economic progress, use of first tranche of loan

According to reports, Pakistan is likely to miss the IMF's condition to refund Rs 75 billion to taxpayers in the first quarter despite an incentive by the global lender

IMF team in Pak to review economic progress, use of first tranche of loan
Updated On : 17 Sep 2019 | 3:36 PM IST

IMF says India's growth 'much weaker' than expected; cuts FY20 projection

The economic growth slowed to a seven-year low to 5% in April to June quarter from 8% a year ago

IMF says India's growth 'much weaker' than expected; cuts FY20 projection
Updated On : 14 Sep 2019 | 3:13 AM IST

World Bank's Kristalina Georgieva poised to become second female IMF chief

In recent days, the long-time World Bank economist has pressed the flesh in world capitals to advance her candidacy

World Bank's Kristalina Georgieva poised to become second female IMF chief
Updated On : 10 Sep 2019 | 12:01 AM IST

Pakistan fiscal deficit rises to highest level in 28 yrs, risks IMF bailout

The deficit increased to 8.9 per cent of the nation's gross domestic product in the year ended June compared with 6.6 per cent a year earlier.

Pakistan fiscal deficit rises to highest level in 28 yrs, risks IMF bailout
Updated On : 27 Aug 2019 | 4:29 PM IST

Unemployment major challenge for India but reforms would create jobs:IMF

IMF exuded confidence that the reforms being carried out in India in the last few years would end up creating new jobs in the country

Unemployment major challenge for India but reforms would create jobs:IMF
Updated On : 23 Aug 2019 | 4:50 PM IST

US-China trade war: Additional tariffs may lower Chinese growth, warns IMF

The International Monetary Fund trimmed its growth forecast for China to 6.2 percent this year, assuming no new tariffs are imposed

US-China trade war: Additional tariffs may lower Chinese growth, warns IMF
Updated On : 10 Aug 2019 | 12:34 PM IST

NCAER sees GDP growth at 6.2% on flat agriculture gross value added

The IMF projected the growth rate at 7% for FY20, while the World Bank saw it at 7.5%

NCAER sees GDP growth at 6.2% on flat agriculture gross value added
Updated On : 07 Aug 2019 | 3:01 AM IST

EU's IMF race down to two as Bank of Finland chief Olli Rehn withdraws

A second round of voting is now underway to choose between Dijsselbloem and Georgieva

EU's IMF race down to two as Bank of Finland chief Olli Rehn withdraws
Updated On : 03 Aug 2019 | 2:15 AM IST

Global policy conundrum

More monetary accommodation can lead to higher risks

Global policy conundrum
Updated On : 30 Jul 2019 | 2:25 AM IST

Currency manipulation charges reek of bilateral hegemony: Shaktikanta Das

Das' statement comes in the wake of the US treasury department's recent currency report to the Congress

Currency manipulation charges reek of bilateral hegemony: Shaktikanta Das
Updated On : 26 Jul 2019 | 7:19 PM IST

It's time to pick the best person as IMF head even if it isn't a European

The IMF needs a managing director of the highest caliber, chosen through an open competition not evidently tainted by national politics

It's time to pick the best person as IMF head even if it isn't a European
Updated On : 22 Jul 2019 | 4:37 PM IST

IMF issues fresh warning, says trade war risks weighing on global economy

While the US trade war with China has cooled with a recent truce and renewed talks, the world's second-largest economy has slowed amid President Donald Trump's tariffs

IMF issues fresh warning, says trade war risks weighing on global economy
Updated On : 18 Jul 2019 | 3:22 AM IST

Better business climate, trade norms will help India attract FDI: IMF

Further, the IMF has suggested for gradual liberalisation of portfolio investments, while monitoring risks of portfolio flow reversals

Better business climate, trade norms will help India attract FDI: IMF
Updated On : 17 Jul 2019 | 11:06 PM IST

Thousands of Pak businesses launch protest against new IMF-backed sales tax

Saturday's strike is happening in shopping malls and wholesale commodity markets, small shops and electronics stores

Thousands of Pak businesses launch protest against new IMF-backed sales tax
Updated On : 13 Jul 2019 | 3:55 PM IST

Pakistan economy critical, facing major challenges due to weak growth: IMF

Cash-strapped Pakistan, which currently has a currency reserve of less than $8 billion, approached the Washington-based IMF in August 2018 for a bailout package

Pakistan economy critical, facing major challenges due to weak growth: IMF
Updated On : 09 Jul 2019 | 10:55 AM IST

IMF appoints economist David Lipton as interim leader, replacing Lagarde

"We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF" the board said

IMF appoints economist David Lipton as interim leader, replacing Lagarde
Updated On : 04 Jul 2019 | 2:49 AM IST

EU leaders considering IMF chief Christine Lagarde as new central bank head

Lagarde's name is one of the key pieces in the latest slate of candidates for the EU's top jobs which leaders, lawmakers and parties have been wrangling over since Sunday

EU leaders considering IMF chief Christine Lagarde as new central bank head
Updated On : 02 Jul 2019 | 10:13 PM IST

Pakistan raises gas tariffs to meet its IMF bailout commitments

Prime Minister Imran Khan's adminsitration reached an accord for a bailout package with the IMF in May, in which it committed to curtail energy-sector losses

Pakistan raises gas tariffs to meet its IMF bailout commitments
Updated On : 01 Jul 2019 | 2:20 AM IST