Page 28 - International Monetary Fund

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

Small- and mid-sized business bankruptcies may triple, warns IMF

A staff analysis of 17 countries suggests that bankruptcies for the firms could surge to 12 per cent, from 4 per cent before the pandemic, the IMF said in a report on Thursday.

IMF chief warns global economy 'not out of the woods,' dangers lurk

In a report to the G20, the IMF warned that rising protectionism and renewed trade tensions endangered the recovery

Covid-19 pandemic to trigger deglobalisation. Can India be the next China?

According to Nomura, unconventional monetary policies will be the new normal, reducing the urgency for fiscal austerity

Statsguru: State govts' debt on a risky path amid Covid-19 crisis

Debt levels in many states are already way above the recommended 20 per cent of GDP mark

IMF, World Bank confirm plans for 'primarily virtual' annual meetings

Malpass first disclosed the plans for virtual annual meetings in a letter to the Bank's governors on Monday