Page 2 - Imf On India

G20 India doing excellent job with focus on global community: IMF

As G-20 President India is doing an excellent job by focusing on issues that matters the most for the global community, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday. India assumed the year-long presidency of the G20 in December last year and aims to host a leaders' summit in New Delhi in early September. The G20 is an important forum of the world's 20 major developed and developing economies. "India is doing an excellent job in focusing the work of the G-20 on what matters the most. What matters the most is to move through very complex policy challenges, comparing notes and coming up with the right policy actions, Georgieva told reporters at a news conference here on the sidelines of the annual meetings of the International Monetary Fund and the World Bank. What matters the most is to re-energize global growth and here India brings its fantastic track record on digitalisation and how digitalisation can reenergize the economy," she sai

IMF chief says India 'a bright spot' in an uncertain global economy

Both the leaders shared concerns on key downside risks to the global economy and the cross-border effects due to the geopolitical situation and tighter financial conditions

Former CEA Krishnamurthy V Subramanian appointed as next India ED at IMF

An order stated that the Appointments Committee of the Cabinet has approved the appointment of Subramanian, who is currently professor (finance) at the Indian School of Business

Top headlines: Govt warns cab aggregators, volatility in power stocks

Here are the top business stories on Wednesday

IMF revising India's growth forecast is 'gross under estimation': N K Singh

N K Singh, Chairman of the 15th Finance Commission, on Tuesday said the IMF's decision to revise India's potential growth forecast downwards to 6 per cent

LIVE: US to lift curbs from Nov 8 for fully vaccinated foreign visitors

Live news updates: Carlyle and other investors will withdraw their open offer to its shareholders; Zee accuses Invesco of double standards.

IMF says it's ready to scale up collaboration with India during pandemic

The International Monetary Fund stands ready to strengthen its dialogue and scale-up its technical collaboration with India, spokesperson Gerry Rice has said

Evidence of normalisation of economic activity in India, says 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% in 2022

India's economy on path of gradual recovery: International Monetary Fund

India's economy is on the path of gradual recovery, real GDP growth, return to positive territory in fourth quarter of 2020, IMF's spokesperson Gerry Rice said

India's new agri laws have potential to raise farm income: IMF's Gopinath

But there is a need to provide a social safety net to the vulnerable cultivators, IMF's Chief Economist Gita Gopinath has said

India took 'decisive' steps to deal with coronavirus pandemic: IMF chief

IMF Managing Director Kristalina Georgieva asked the country to do more this year to support an accelerated transformation of the economy

India took 'very decisive' steps to deal with coronavirus: IMF chief

IMF chief Kristalina Georgieva has praised India for taking "very decisive" steps to deal with the coronavirus pandemic and its economic consequences

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.

Covid-19 impact: IMF projects Indian economy to contract by 4.5% in FY21

In comparison, emerging markets and developing countries group saw a 2 percentage reduction in outlook while the world outlook was only cut by 1.9 percentage points

We support India's proactive Covid-19 response in a crisis like this: IMF

The impact of the coronavirus on the Asia-Pacific region will be severe, across the board, said IMF

Best of BS Opinion: Reviving economic growth, containing China, and more

Judicial intervention, though effective, is one step away from being an arrangement in which the people have a say.

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

IMF wants govt to be more credible, transparent on fiscal numbers

The comments come amid allegations of the budget math not adding up with some pointing to a Rs 1.7 trillion hole in the estimates

Statsguru: IMF expects India to grow at 7.3% in FY19, 7.5% in FY20

Separately, the IMF has projected the inflation rate to rise to 5.2% in FY19

IMF lauds India's reforms, forecasts country's GDP to grow at 7.5% in FY20

The International Monetary Fund said the near-term macroeconomic outlook for India is 'broadly favourable'