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
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
The IMF has some useful suggestions
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
During the reporting week, gold reserves increased by USD 164 million to USD 27.132 billion
This is a wider national cause and any buoyancy in the collections will benefit both the Centre and the states
CBI has accused ex-Maruti MD Jagdish Khattar of fraud, while the Union Cabinet has approved the creation Chief of Defence Staff
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
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.
If China is already off the mark with its digital currency, who will the future belong to when this ultimate goal is achieved?
It may be hard to square data with the revival being forecast, but economic soothsayers may well be right when they predict 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4, T N Ninan explains why
Fiscal hawks argue such proposals will merely sow the seeds for more trouble. But the needle seems to be shifting on how much debt an economy can safely carry
Beijing said it will continue to work with Pakistan for progress of the project
That is up from the previous record of $164 trillion in 2016, according to IMF figures
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
Lagarde takes office at a time when the ECB's governing council is divided as rarely before over its latest round of monetary stimulus.
This is in-line with most revised estimates by government bodies, research firms and ratings agencies
The IMF slashed its outlook for the region's three largest economies -- Saudi Arabia, Iran and the United Arab Emirates
IMF and World Bank meetings were expected to be dominated by the trade disputes which were triggered by the Trump administration's get-tough policies aimed at lowering America's huge trade deficits
The minister is in Washington to attend the annual meeting of the IMF and the World Bank