Page 30 - International Monetary Fund

Priorities for the Covid-19 economy

The most urgent policy priorities have been obvious since the beginning, but they will require a show of political will

Continued spread of Covid-19 poses risk to Indian economy: IMF official

According to him, the near-term growth outlook in India continues to be clouded by the global and domestic slowdown and uncertainties relating to the evolution of the coronavirus pandemic

IMF says coronavirus crisis could ultimately test $1 trillion war chest

The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries

Don't repeat this crisis error

Asia's policy makers need to remember that when plotting the path ahead as economies emerge from lockdowns

Disconnect between markets, real economy can pose threat to recovery: IMF

The disconnect between financial markets and the real economy can be illustrated by the recent decoupling between the soaring US equity markets and plunging consumer confidence

F&O expiry: Mkts end flat after a choppy session; Nifty settles at 10,289

All that happened in the markets today

IMF sees 'profound uncertainty' about global recovery: Gita Gopinath

Gopinath said the economic crisis triggered by the novel coronavirus pandemic was more global and playing out differently than past crises

World coronavirus dispatch: Will economy bear lingering scars of pandemic?

From rising Covid-19 infections in India, Bangladesh and Pakistan, to Twitter cracking down on Chinese propaganda, and Japan's $298-billion stimulus - read these and more in today's world dispatch

Citizens' right to minimum economic security

Look at UBI primarily as a means of relieving economic insecurity, not economic inequality

Top headlines: ED raids Cox & Kings offices, weak aviation sector and more

From fuel price hikes for the second day in a row to Moody's report on air passenger traffic in 2021, here are the top headlines of the day

Asia needs India for post-Covid cooperation

India's pivotal position in South Asia, its strong economic ties with ASEAN+6 countries and its presence in the G20 make its participation critical

Needed: Global Risk Pooling Reserve Fund

According to the World Bank, 60 million people worldwide will fall back into extreme poverty as a result of the severe economic crisis unleashed by Sars-CoV-2

Covid's economic toll on Maharashtra

Maharashtra can expect to get additional funding from the increased allocation of Rs 40,000 crore to the Mahatma Gandhi National Rural Employment Guarantee Act announced by the Centre

The economic crisis and India's role in post-coronavirus multilateralism

The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty

Between a stimulus package and a hard place

So, while we have achieved some success on the health front, are the steps taken to revive the economy adequate?

In search of the right prescription

Policy predictability and an unambiguous long-term blueprint are essential for private investors

A lot more needs to be done

While the measures over the last two days focus on some of the structural changes, the economy is now looking forward to steps that would lead to an increase in demand

The case for deeply negative interest rates

Such a policy, backed up by measures to prevent cash hoarding by financial firms, can solve many of today's problems

Saudi Arabia triples taxes, cuts $26 bn in costs amid Covid-19 pandemic

Despite efforts to diversify the economy, the kingdom continues to rely heavily on oil for revenue.

Statsguru: Migrant workers' exit to job crisis, victory over Covid-19 tough

Joblessness is rising, migrants are returning home in India, and macroeconomic fundamentals are deteriorating