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The International Monetary Fund (IMF) on Monday increased India’s GDP growth forecast by 0.7% to 7.3 percent for the financial year 2025-26. Earlier in October, IMF had estimated it to be 6.6%. IMF has said in its World Economic Outlook report that the growth rate in India has been much better than expected. Especially in…
The International Monetary Fund (IMF) on Monday increased India’s GDP growth forecast by 0.7% to 7.3 percent for the financial year 2025-26. Earlier in October, IMF had estimated it to be 6.6%. IMF has said in its World Economic Outlook report that the growth rate in India has been much better than expected. Especially in…
New Delhi: The International Monetary Fund’s Executive Board has paradoxically approved another $1.29 billion as financial support for Pakistan despite the multilateral institution’s own report highlighting the corruption in the debt-ridden country, which is coming in the way of repaying these loans. The IMF has just released a 186-page “Governance and Corruption Diagnostic Assessment” that…
Last Updated:December 26, 2025, 01:55 IST Critics and sources close to the deal told News18 that the IMF pressure served as a convenient shield for the transaction While the winning consortium, led by Arif Habib Corporation, has committed to an additional investment of PKR 80 billion over five years, the immediate financial relief for the…
Washington: The International Monetary Fund (IMF) on Thursday said that India’s economic fundamentals remain “pretty strong” with lower inflation and “well-managed” fiscal deficit. “India continues to be the fastest-growing major, major economy. We have India going at 6.6% this year. If you look at India’s fundamentals…pretty strong. Growth is good…Inflation is coming down. Fiscal deficit…well-managed….
The International Monetary Fund has raised India’s growth projection to 6.6 per cent, an upward trend of 0.2 percentage points, in its latest Global Economic Outlook report. The IMF, in its report released in Washington on Tuesday, said that India’s strong growth in the first quarter of 2025 is “offsetting” the US tariff increase on…
New Delhi: The International Monetary Fund (IMF) on Tuesday raised India’s GDP growth forecast to 6.6 per cent for 2025-26 from 6.4 per cent earlier despite the punitive tariffs slapped by the US on the country’s exports. The upward revision was on “carryover from a strong first quarter, more than offsetting the increase in the…
New Delhi: IMF Executive Director India: Former RBI Governor and economist Urjit Patel has been appointed the IMF Executive Director for a period of three years. Patel has succeeded Krishnamurthy Subramanian. “The Appointments Committee of the Cabinet has approved the appointment of Dr. Urjit Patel, Economist and Former RBI Governor, to the post of Executive…
New Delhi: India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday. The rise was led by higher foreign currency assets, which went up by $1.31 billion to $588.93 billion. These assets, expressed in…
Mumbai: India’s foreign exchange reserves fell by USD 3.06 billion to USD 696.67 billion for the week ending July 11, marking the second consecutive week of decline, according to official data released by the Reserve Bank of India (RBI). In the previous reporting week ending July 4, the country’s forex reserves had slipped by USD…