Page 34 - International Monetary Fund

Indian economy faced abrupt slowdown in 2019; it's not in recession: IMF MD

Kristalina Georgieva said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact

IMF sees medium-term risks to global economy; more easing not the answer

The IMF said that global growth would have been 0.5 percentage point lower without last year's actions

Trends in the new year

Just about a month old and 2020 is turning out to be an interesting, even momentous, year for businesses in India

Budgetary over-reach: There is a price for trying to do too much in Budgets

The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan

It is all about global risk mitigation

Anemic condition, or slowing down factors of different nature, continue to prevail in all major economies

Budget 2020: Prakash Javadekar hints at 'action plan' for economic revival

Markets to open for regular trading on February 1

Budget 2020 will have plan of action on economy: Prakash Javadekar

Javadekar also slammed critics of the National Popular Register exercise, saying that it was done during the Congress-led govt as well

Economic slump to hit insurance premium growth over next 3 years: Moody's

The International Monetary Fund has pegged the number at 4.8 per cent and expects it to pull down global growth as well.

Market Ahead, January 21: All you need to know before the Opening Bell

A total of 25 companies including Havells, Polycab, ICICI Pru Life, and Zee Entertainment Ènterprises Ltd. are scheduled to announce their results later in the day

Need to focus on reducing inequality, IMF cites risks to global economy

Georgieva, who served as the World Bank's chief executive officer before moving to the IMF in October, has made reversing inequalities one of her top priorities

Forex reserves at record high of $457 bn on gain in foreign currency assets

During the week, gold reserves increased by $260 million to $27.392 billion

IMF raises questions over methodology to calculate GDP growth in India

IMF also said there were weaknesses in the deflation method used to derive value added. Deflators are used to convert GDP at current prices to constant prices

IMF cautions India against fiscal stimulus, says govt should go for reforms

The Budget projected the Centre's fiscal deficit to come down to 3.3 per cent of the country's gross domestic product (GDP) in 2019-20 against 3.4 per cent a year ago

Reviving economic growth

The IMF has some useful suggestions

Guinea Prez, world's longest-serving ruler must reveal assets for IMF aid

The central African country needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year

After swelling, India's forex reserves climb $456 mn to record $455 bn

During the reporting week, gold reserves increased by USD 164 million to USD 27.132 billion

Letter to BS: IMF suggestions, not protectionism, will push $5-trn dream

This is a wider national cause and any buoyancy in the collections will benefit both the Centre and the states

Top headlines: Cabinet nod to CDS, ex-Maruti MD accused of fraud, and more

CBI has accused ex-Maruti MD Jagdish Khattar of fraud, while the Union Cabinet has approved the creation Chief of Defence Staff

India must stick to fiscal consolidation in medium-term, says Gita Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among G20 nations, she added. "So, it's not a free lunch and this has to be very carefully managed," she said

Forex reserves at record high of $454.49 bn as foreign currency assets rise

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in forex reserves.