Page 18 - International Monetary Fund

PM Modi's 'Atmanirbhar Bharat' an important initiative, says IMF

India would need to gradually increase its total spending in the healthcare sector from the current 3.7 per cent of the GDP, said IMF

IMF official warns coronavirus will weigh on some economies for years

The Fund has provided some $90 billion in total financing to 79 countries, including 20 in Latin America, since the start of the health crisis

Beyond the boundaries

Book review of Breaking Through: A Memoir

Simanchala Dash appointed as new advisor to IMF Executive Director

The government has approved the proposal to appoint Simanchala Dash as an advisor to Executive Director, International Monetary Fund (IMF) in Washington.

Whatever the calculation, India's Q1 GDP contraction is severest among all

Irrespective of whether it is sequential or year-on-year, the inference remains the same; South Africa's 50% contraction is "annualised" and is incomparable to India's 24% fall

India needs coordinated policy response, more stimulus to battle Covid: IMF

The impact of COVID-19 pandemic is significant on India's development and the immediate priority is a coordinated policy response, the International Monetary Fund (IMF) has said

Recovery: A long hard road

Real GDP in 2021-22 will be lower than in 2019-20

Gita Gopinath confirms India's GDP most affected among G-20 countries

The IMF chief in a tweet showed India's internationally comparable quarter-on-quarter GDP shrank the most among G-20 countries at 25.6%

Former President Pranab Mukherjee passes away at 84

Mukherjee had served as the President of India from 2012 to 2017, and held several important portfolios previously in various Congress-led governments from the 1970s to 2012

China and the United States of America: The 21st Century's Great Game

For China, the global war for influence is about trading partners. For the US, it could mean something more volatile

Forex reserves hit an all-time high of $534.5 bn in week ended July 31

While announcing the monetary policy on Thursday, Reserve Bank of India Governor Shaktikanta Das said the reserves at $534.6 billion are equivalent to 13.4 months of imports

Clean up balance sheets of corporates, banks to rein in fiscal deficit: IMF

In its external sector report, IMF also called upon India to strengthen the governance of public sector banks

India has more scope for policy support despite limited fiscal space: IMF

Says the country's measures are tilted towards 'below-the-line' support such as food subsidy and other measures, rather than direct fiscal spending

We urgently need new tools to measure economic recovery after coronavirus

The IMF has revised downward its forecast for global economic growth from -3% to -4.9% this year

What will coronavirus pandemic look like to geologists in the far future?

The pandemic won't leave a direct record of the viruses for geologists of the far future to investigate, as viruses don't fossilise

Fiscal response to the Covid crisis

Tax deferrals by extending filing deadlines and reduction in interest for late payments provide minor relief

RBI's Hamletian dilemma

The relationship between monetary policy and inflation is not reliable in a crisis, creating a classical problem for the central bank

India's forex reserves climb $1.27 bn to record peak of $517.64 bn

Gold reserves were up by $13 million to $34.743 billion, as per the data

Managing public debt

India needs structural changes in economic management

US economy to shrink by 6.6% in 2020, faces significant risks: IMF staff

The coronavirus has infected more than 3.5 million Americans and killed nearly 140,000, both figures leading the world