However, a senior government official said on condition of anonymity that the meeting could be held in a matter of few weeks, rather than months
In view of coronavirus crisis, the spring meeting is being held virtually-- the first one in the history of IMF and the World Bank.
The economic impact of Covid-19 is expected to be substantial, but recovery should take hold once the virus has been contained, says Salgado
ICMR has also issued a list of 176 government laboratories and 78 private laboratories for the coronavirus testing
The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems
Tech giant Tata Consultancy Services is scheduled to release its March quarter numbers and analysts see some erosion in the company's revenue due to the nationwide lockdown
Once the current economic situation improves, a more ambitious, credible medium-term fiscal consolidation path is needed to bring debt and interest expenditure down, the report said
Subramanian, along with public policy expert Devesh Kapur of Johns Hopkins University, was speaking at a webinar organised by National Council of Applied Economic Research.
As per the World Bank's latest assessment, India is expected to grow 1.5 per cent to 2.8 per cent during the current fiscal due to the impact of the Covid-19 pandemic and consequent lockdown
Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent
An economic relief package from the govt is overdue
The countries benefitting are nearly all in Africa, but also include Afghanistan, Yemen and Haiti
Many workers in the gig economy, dominated by service sector start-ups, are poorly protected against income losses in a recession
To serve our membership well in this context, we need top-notch input and expertise from the widest range of sources, inside and outside the Fund, IMF MD said
Will China's loss in meeting demand from the US and Europe help Indian businesses like leather, ceramics, and plastics? And if it does, will the gains be sustainable?
If the international community wants to avoid a wave of defaults, it must develop a rescue plan immediately
World Bank and IMF must step up to protect pvt sector, govts
More than 1 million people worldwide have been infected with Covid-19
Leading regulators and bank chief executives, particularly in the United States, have said lenders are robust enough to withstand the unfolding economic crisis.
Read what extrapolated policy prescriptions are predicated on. Uddalok Bhattacharya sums up