Imf

Coronavirus Could Damage Global Growth In 2020, Says IMF

World News | Agence France-Presse | Sunday February 16, 2020

The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.

India Needs Urgent Structural, Financial Sector Reforms: IMF

India News | Press Trust of India | Friday February 14, 2020

India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while ensuring a more accommodative fiscal stance in the budget, the IMF has said.

Middle East's $2 Trillion Wealth Could Be Gone by 2034, Says IMF

World News | Anthony DiPaola, Bloomberg | Friday February 7, 2020

The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil demand nears peak levels, according to the International Monetary Fund.

Synchronised Action Of Central Banks Helped World Economy, Says IMF Chief

World News | Press Trust of India | Saturday February 1, 2020

Synchronised action of central banks and accommodative monetary policy have delivered half a percentage boost to global growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said, cautioning that the Coronavirus outbreak in China posed a major threat to the global economy.

Indian Economy Faced Abrupt Slowdown In 2019, But Far From Recession: IMF

India News | Press Trust of India | Saturday February 1, 2020

The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

The Crisis That Shattered India's Economic Dreams

Business | Vrishti Beniwal, Rahul Satija, Dhwani Pandya and Anirban Nag, Bloomberg | Friday January 31, 2020

A sprawling 1,063-acre property development located in Noida, just outside New Delhi, Wish Town was supposed to give would-be home buyers sparkling shopping malls, pristine golf courses and modern medical clinics. Apartments that should have been delivered by 2012 were billed in the media as "global homes with an Indian address."

Growth Slowdown In India Temporary, Expect Momentum To Improve Going Ahead: IMF Chief

India News | Press Trust of India | Friday January 24, 2020

IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead.

"Not Surprising", Says Kiran Shaw On IMF Prediction Of India Slowdown

India News | Reported by Nidhi Razdan, Edited by Anindita Sanyal | Tuesday January 21, 2020

Biocon chief Kiran Shaw today said the International Monetary Fund's markdown of India's growth story is not surprising and the government needs to focus on investments and exports. There is also a need to bridge the trust deficit to bring back investment.

Sensex, Nifty Decline For Second Day After IMF Cuts India's Growth Target

Business | Written by Abhishek Vasudev | Tuesday January 21, 2020

International Monetary Fund (IMF) on Monday lowered growth estimate for India to 4.8 per cent for financial year 2019-20, citing stress in the non-bank financial sector

'India Needs Investment': IMF's Gita Gopinath On Snub To Jeff Bezos

India News | Reported by Vishnu Som, Edited by Deepshikha Ghosh | Tuesday January 21, 2020

India needs a lot of investment and it is important to encourage it, Gita Gopinath, Chief Economist of the International Monetary Fund or IMF told NDTV on Monday, in reference to the government's cold-shoulder to Amazon CEO Jeff Bezos during his visit last week.

Sensex Falls Over 200 Points, Nifty Below 12,200 After IMF Trims Growth Forecasts: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday January 21, 2020

Domestic stock markets opened lower on Tuesday tracking weakness in global peers, a day after the International Monetary Fund (IMF) cut its growth estimate for India to 4.8 per cent for the current financial year. The S&P BSE Sensex index fell as much as 227.28 points to hit 41,301.63 in early trade and the broader NSE Nifty benchmark declined to a...

"Prepare For Attack On IMF, Gita Gopinath": P Chidambaram's Forecast

India News | Edited by Divyanshu Dutta Roy | Tuesday January 21, 2020

Congress leader P Chidambaram on Tuesday said that an attack on the International Monetary Fund (IMF) and its Chief Economist Gita Gopinath by government ministers was imminent following the organisation's downward revision of the Indian economy's growth.

IMF To Track India Protests, Assessment In April: Gita Gopinath To NDTV

India News | Reported by Vishnu Som, Edited by Anindita Sanyal | Tuesday January 21, 2020

The International Monetary Fund will keep an eye on the widespread protests over the citizenship law and National Register of Citizens and factor it in the next assessment in April, Gita Gopinath, the Chief Economist of the International Monetary Fund or IMF, told NDTV in an exclusive interview today.

"India Slowdown Will Push Down Global Growth": IMF's Gita Gopinath To NDTV

India News | Written by Vishnu Som | Tuesday January 21, 2020

The slowdown in India will have an effect on the global growth story and it has pushed down the global forecast by "0.1 per cent", Gita Gopinath, the Chief Economist of the International Monetary Fund or IMF told NDTV in an exclusive interview on Monday.

IMF Lowers India Growth Forecast To 4.8% For Current Financial Year

Business | Press Trust of India | Monday January 20, 2020

IMF Chief Economist Gita Gopinath said growth in India slowed sharply owing to stress in the non-bank financial sector and weak rural income growth.