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New Delhi: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said that the Iran conflict will push inflation higher and lead to slower global growth. The IMF will formally present its revised outlook in the World Economic Outlook on April 14, she told Reuters. Global oil supply has shrunk by 13 per cent. Gas…
Washington: The International Monetary Fund on Monday raised India’s economic growth projection for 2025 by a sharp 0.7 percentage point to 7.3 per cent, citing stronger-than-expected performance in the second half of the year, even as it expects growth to moderate in the coming years. In its World Economic Outlook Update, the IMF said the…
Pakistan’s Defence Minister Khawaja Asif has claimed that Islamabad has seen a record surge in orders for Chinese-origin JF-17 Thunder jets following the May 2025 military conflict with India and that it may not need bailouts from the International Monetary Fund (IMF) after six months. The remarks came months after Pakistan was forced to sell…
New Delhi1 hour ago copy link The total value of gold held by Indian households has crossed $5 trillion (₹450 lakh crore). This figure is more than the country’s total GDP of 4.1 trillion dollars i.e. Rs 370 lakh crore. This has happened due to gold prices reaching record high. According to a report by…
New Delhi: Pakistan’s reliance on International Monetary Fund (IMF) support underscores both the scale of its vulnerabilities and the lack of sustained reform, according to a new report on Saturday, underlining the fact that IMF loans will continue to finance short-term survival rather than long-term recovery, leaving Pakistan trapped in a cycle of financing without…
New Delhi: Thanks to the massive adoption of unified payments interface (UPI) based digital transactions, India now makes faster payments than any other country in the world, an International Monetary Fund (IMF) note has emphasised. Since its launch in 2016, UPI has grown quickly, while some proxies for cash usage have begun to decline. UPI…
No news Business India To Take Up Pakistan Funding With World Bank, May Rake Up FATF Grey List Issue New DelhiA few moments ago Copy link India will raise the issue of funding to Pakistan in a meeting with the World Bank in June 2025. Apart from this, the Indian government will also put the…
New Delhi: Amid India’s objections to the International Monetary Fund bailout package to Pakistan, the IMF has said the debt-ridden country “met all the required targets” to receive the latest loan instalment. The IMF recently gave the nod to a $ 1 billion (over Rs 8,000 crore) bailout package to Pakistan even as India expressed…
Amid stress from India, the International Monetary Fund (IMF) has given a fund of $ 1 billion to Pakistan. Despite wanting, India could not vote against this bailout package given to Pakistan. However, India opposed the funding citing Pakistan’s bad track record and said that the financial assistance that Pakistan had received earlier also did…
Pakistan has sought a $1.3 billion bailout package from the International Monetary Fund. India is seeking a pause on Pakistan’s attempt to get funds, citing Pakistan’s failure to crack down on terror. The IMF will make a decision on the loan at 7:30pm. India’s representative, Parameswaran Iyer, will be on the IMF board for this…