International Monetary Fund

"Positive Impact On Investment": IMF Supports India's Corporate Tax Cut

India News | Press Trust of India | Saturday October 19, 2019

The International Monetary Fund on Friday supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment.

Despite IMF's Projections, India Still Among Fastest Growing Economies: Nirmala Sitharaman

India News | Press Trust of India | Friday October 18, 2019

India remains among the fastest growing economies of the world and efforts are being made to make it grow faster, Union Finance Minister Nirmala Sitharaman has said.

India Has Worked On Fundamentals, But Problems Need To Be Addressed: IMF

India News | Press Trust of India | Friday October 18, 2019

The International Monetary Fund on Thursday said though India has worked on the fundamentals of its economy, there are problems, including the long-term drivers of growth, that need to be addressed.

"Changed GDP Figures, Lied": Priyanka Gandhi Attacks Centre Over Economy

India News | Press Trust of India | Wednesday October 16, 2019

Congress leader Priyanka Gandhi Vadra today took a swipe at the Centre over the International Monetary Fund slashing India's growth forecast, saying the BJP "changed GDP figures, concealed facts, lied" but nothing seems to be working.

"Need Coordinated Policy Action": IMF After Cutting Growth Forecasts

World News | Press Trust of India | Thursday October 17, 2019

The International Monetary Fund today appealed to the world's largest economies, including India, to be prepared to engage in a coordinated policy action a day after it downgraded the 2019 global growth rate to 3 per cent - the slowest pace since the 2008 global financial crisis.

Important For India To Keep Fiscal Deficit In Check: IMF Chief Economist Gita Gopinath

India News | Press Trust of India | Wednesday October 16, 2019

It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, Chief Economist of the International Monetary Fund or IMF Gita Gopinath has said.

IMF Cuts India's Growth Forecast, Still Fastest Growing Economy: 10 Facts

Business | Edited By Anshul (With inputs from IANS) | Tuesday October 15, 2019

India's growth forecast has been slashed by the International Monetary Fund or IMF for the financial year 2019-20, however the country still retains its rank as the world's fastest-growing major economy, tying with China. The IMF said the Indian economy is set to grow 6.1 per cent in 2019 and 7 per cent in 2020, stating that the downward revision f...

India Is World's Fastest-Growing Economy, Shares Tag With China: IMF

India News | Indo-Asian News Service | Tuesday October 15, 2019

In the gloomy global economic picture painted by the International Monetary Fund (IMF), India retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year, despite an almost one per cent cut in the forecast.

Ecuador President Lenin Moreno's Austerity Drive Dented By Protests

World News | Agence France-Presse | Tuesday October 15, 2019

Ecuador began counting the cost Monday of 12 days of indigenous protests against fuel hikes that left eight demonstrators dead and severely dented President Lenin Moreno's austerity program.

Effects Of Global Economic Slowdown "More Pronounced" In India: IMF Chief

India News | ANI | Wednesday October 9, 2019

As the global economy is witnessing "synchronized slowdown", the effect is "more pronounced" this year in some of the largest emerging market economies like India, said the new International Monetary Fund (IMF) Managing Director, Kristalina Georgieva.

Economist Surjit Bhalla Appointed As Executive Director Of International Monetary Fund

Business | Indo-Asian News Service | Tuesday October 1, 2019

The key post of Executive Director at the multilateral agency had fallen vacant after the death of Dr Subir Gokarn in July this year.

World Bank's Kristalina Georgieva To Be First IMF Chief From Emerging Economy

World News | Reuters | Thursday September 26, 2019

Bulgarian economist Kristalina Georgieva was confirmed on Wednesday as managing director of the International Monetary Fund, the first person from an emerging-market economy to head the world's crisis lender with its $1 trillion in resources.

"India A Unique Combination Of 4 D's": PM At Business Summit - Highlights

India News | Edited by Stela Dey | Wednesday September 25, 2019

Prime Minister Narendra Modi is a keynote speaker at a business summit today, attended by eminent business and political leaders including Bill Clinton, former International Monetary Fund chief Christine Lagarde and several top CEOs of Fortune 500 companies. PM Modi will speak over "Restoring Global Stability" at the Bloomberg Global Business Forum...

"Corporate Tax Cuts Revolutionary," says PM Modi: Updates

India News | Edited by Anuj Pant | Wednesday September 25, 2019

Prime Minister Narendra Modi will be a keynote speaker at a business summit today, which is set to be attended by eminent business and political leaders including Bill Clinton, former International Monetary Fund chief Christine Lagarde and several top CEOs of Fortune 500 companies.

Global Growth Is "Under Threat", Says Former IMF Chief Christine Lagarde

World News | Agence France-Presse | Friday September 20, 2019

The former head of the International Monetary Fund, Christine Lagarde, warned Thursday that global growth is "fragile" and "under threat" and policymakers should work to reduce manmade vulnerabilities.