Imf

Important For India To Address Banking Crisis: IMF

Business | Press Trust of India | Friday June 8, 2018

The authorities have made progress in addressing the stock of non-performing assets and were taking further measures to deal with the flow problem, IMF Spokesman Gerry Rice said, speaking on India's banking crisis.

IMF Releases $250 Million Of Sri Lanka Loan, Seeks Airline Shake-Up

World News | Agence France-Presse | Saturday June 2, 2018

The International Monetary Fund announced the release of the latest instalment of Sri Lanka's $1.5 billion bailout on Saturday, but warned that restructuring the loss-making national airline was essential to sustain economic recovery.

Italy's President Calls In Former IMF Official Amid Political Turmoil

World News | Reuters | Monday May 28, 2018

President Sergio Mattarella summoned Carlo Cottarelli to his office after two anti-establishment parties angrily abandoned their plans to form a coalition in the face of a veto from the head of state over their choice of economy minister.

Italy Plunges Into Political Crisis, PM-Designate Gives Up Government Formation Bid

World News | Agence France-Presse | Monday May 28, 2018

Italy could be forced to hold new elections after Giuseppe Conte gave up his bid to form a government following the collapse of talks with the president over including a eurosceptic economy minister in his cabinet.

India Fastest Growing Economy At 7.4 Per Cent In 2018: International Monetary Fund

India News | Indo-Asian News Service | Wednesday May 9, 2018

The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.

Central Bankers Can't Agree on Cryptocurrencies

Ferdinando Giugliano, Bloomberg | Friday April 27, 2018

It's clear that the cross-border nature of digital currencies means coordination on the regulatory front is required; but there is little consensus over how to do this.

RBI Governor Urjit Patel Says Economy Could Grow At 7.4% This Fiscal, Subject To Crude Price Risk

Business | Thomson Reuters | Sunday April 22, 2018

Economy likely grew at 6.6 percent in the 2017-18 fiscal year against 7.1 percent a year earlier, said RBI governor Urjit Patel

India's Role Expected To Rise In Indo-Pacific Region, Says IMF

India News | Indo-Asian News Service | Saturday April 21, 2018

The International Monetary Fund expects India's role in the Indo-Pacific region's development to continue to expand because of its robust growth, but it has to carry out more trade reforms, Ken Kang, the deputy director in IMF's Asia Pacific Department said on Friday.

India Can Become Powerhouse Economy If Policies Managed Well, Says IMF

India News | Press Trust of India | Friday April 20, 2018

India can become a powerhouse economy if policies are managed well and reforms are supportive of inclusive growth, a top IMF official has said.

On Women, PM Modi Served An Uncomfortable Message By IMF Boss

India News | Edited By Aloke Tikku | Friday April 20, 2018

Indian authorities, starting with Prime Minister Narendra Modi, should pay more attention to women in the country, Christine Lagarde, the IMF chief, said at a media conference in Washington on Thursday.

IMF Cautions China, Praises India For "Right Policies" To Lower Debt

India News | Edited by Abhishek Chakraborty (with inputs from PTI) | Thursday April 19, 2018

The International Monetary Fund or IMF has praised India for using "the right policies" to lower its level of debt. Highlighting India's debt to GDP ratio - the ratio between a country's government debt (a cumulative amount) and its gross domestic product or GDP (measured in years) - IMF said, India's share is "quite high", but New Delhi is trying ...

India Must Fully Implement GST To Avoid Tax Revenue Under-Performance: IMF

India News | Press Trust of India | Thursday April 19, 2018

India, which has recovered from disruptions caused by the notes ban and the rollout of the GST, must fully implement the new nationwide indirect tax to avoid tax revenue under performance resulting in cuts to capital expenditures, the IMF said today.

Full GST Implementation Must To Avoid Tax Revenue Underperformance: IMF

Business | Press Trust of India | Wednesday April 18, 2018

Fiscal consolidation was paused in 2017/18 as the economy recovered from disruptions related to notes ban, GST, IMF says.

Improve Bank's Ability To Go After Debtors: International Monetary Fund To India

India News | Indo-Asian News Service | Wednesday April 18, 2018

The International Monetary Fund (IMF) has urged India to strengthen the ability of banks to go after debtors and warned that debts negatively impact investments.

India To Grow At 7.4 Per Cent In 2018, Will Leave China Behind In 2 Years: IMF

India News | Press Trust of India | Tuesday April 17, 2018

India is expected to grow at 7.4 per cent in 2018 and 7.8 per cent in 2019, leaving its nearest rival China behind respectively at 6.6 and 6.4 per cent in the two years, the IMF said today.