International Monetary Policy
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IMF Tightens Noose On Pakistan's $7 Billion Bailout, Imposes New Conditions
Troubles seem to be chasing the cash-strapped Pakistan, with the International Monetary Fund (IMF) slapping 11 new conditions on Islamabad under its $7 billion bailout programme to crack down on corruption.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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IMF's Gita Gopinath Praises Centre's Policy Continuity In Fiscal Consolidation Path
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), met Union Finance Minister Nirmala Sitharaman on Saturday and lauded the continuity in "fiscal consolidation path" being followed by the Government.
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In A Very Real Way, India Is Reaching For the Moon: IMF Chief To NDTV
The International Monetary Fund has revised India's growth estimate to 6% from 5.4% and its Managing Director has said good policies are helping the country outperform.
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Pakistan Central Bank Hikes Interest Rate To Record High Level Amid Inflation
The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.
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Pakistan's Latest Move To Please IMF May Take Loan Interest Rate Up To 19%
Pakistan's government has agreed to increase the policy interest rate which stands at 17 per cent by two per cent or 200 basis points to meet another condition set by the International Monetary Fund.
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RBI Proposes Allowing All Inbound Travellers to Use UPI for Merchant Payments in India
The RBI has proposed permitting all inbound travellers to use the unified payments interface (UPI) for merchant payments in India, RBI Governor Shaktikanta Das said on Wednesday. UPI payments for inbound passengers will be extended to travellers from G20 countries arriving at select international airports, he added.
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IMF Praises China's "Decisive" Move Away From Zero-Covid Policy
The managing director of the International Monetary Fund praised China's "decisive" move away from its hardline zero-Covid policy at a press briefing with the heads of other major economic institutions on Friday.
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MiCA Approved: All 27 EU States May Soon Create One Crypto Framework
The European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the MiCA legislation. Stefan Berger, the member of ECON has confirmed the development on Twitter. The tuning and execution of the crypto policies could go into effect starting in 2024.
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Cryptocurrency Adoption in Emerging Markets Can Threaten Financial Stability, Says IMF
Cryptocurrencies being rapidly adopted in emerging markets threatens financial stability, IMF has said, adding that unsound macroeconomic policies and inefficient payment systems were among the drivers.
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IMF Tightens Noose On Pakistan's $7 Billion Bailout, Imposes New Conditions
Troubles seem to be chasing the cash-strapped Pakistan, with the International Monetary Fund (IMF) slapping 11 new conditions on Islamabad under its $7 billion bailout programme to crack down on corruption.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
IMF's Gita Gopinath Praises Centre's Policy Continuity In Fiscal Consolidation Path
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), met Union Finance Minister Nirmala Sitharaman on Saturday and lauded the continuity in "fiscal consolidation path" being followed by the Government.
-
In A Very Real Way, India Is Reaching For the Moon: IMF Chief To NDTV
The International Monetary Fund has revised India's growth estimate to 6% from 5.4% and its Managing Director has said good policies are helping the country outperform.
-
Pakistan Central Bank Hikes Interest Rate To Record High Level Amid Inflation
The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.
-
Pakistan's Latest Move To Please IMF May Take Loan Interest Rate Up To 19%
Pakistan's government has agreed to increase the policy interest rate which stands at 17 per cent by two per cent or 200 basis points to meet another condition set by the International Monetary Fund.
-
RBI Proposes Allowing All Inbound Travellers to Use UPI for Merchant Payments in India
The RBI has proposed permitting all inbound travellers to use the unified payments interface (UPI) for merchant payments in India, RBI Governor Shaktikanta Das said on Wednesday. UPI payments for inbound passengers will be extended to travellers from G20 countries arriving at select international airports, he added.
-
IMF Praises China's "Decisive" Move Away From Zero-Covid Policy
The managing director of the International Monetary Fund praised China's "decisive" move away from its hardline zero-Covid policy at a press briefing with the heads of other major economic institutions on Friday.
-
MiCA Approved: All 27 EU States May Soon Create One Crypto Framework
The European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the MiCA legislation. Stefan Berger, the member of ECON has confirmed the development on Twitter. The tuning and execution of the crypto policies could go into effect starting in 2024.
-
Cryptocurrency Adoption in Emerging Markets Can Threaten Financial Stability, Says IMF
Cryptocurrencies being rapidly adopted in emerging markets threatens financial stability, IMF has said, adding that unsound macroeconomic policies and inefficient payment systems were among the drivers.
