#IMF

Mumbai, Apr 9 (PTI) The country's foreign exchange reserves declined by USD 2.415 billion to stand at USD 576.869 billion in the week ended April 2, RBI data showed on Friday.    In the ...

9 April.New York, NY, USA
Large technology companies were mostly higher. (Representational/Pixabay)

  • The broad-based S&P 500 climbed 0.4% to 4,097.17
  • The Dow Jones Industrial Average gained 0.2% to 33,503.57
  • The tech-rich Nasdaq Composite Index jumped 1.0% to 13,829.31

8 April.New Delhi, Delhi, India
The debt to GDP ratio of India may drop to 80% if the country's economy recovers. (Photo Credit: Representational Image/Pixabay)

  • IMF said that its immediate priorities are to continue supporting people and firms
  • It is important that public finance remains under control, it said
  • IMF stated that debt worldwide increased sharply to 97% of GDP in 2020

8 April.Washington D.C., DC, USA
IMF has predicted the global economy to grow by 6% this year. (Photo Credit: Representational Image/Pixabay)

  • As per IMF's forecast, India's economy will grow by 12.5% in this financial year
  • China and the US will grow by 8.4% and 6.4%, respectively
  • Last year, the global economy contracted by 3.3%

IMF has forecast global growth of 6% for this year. (Photo Credit: Pixabay)

  • IMF MD Christine Georgieva asserted that the outlook was brighter as millions were benefitting from vaccinations
  • It was also boosted by policy support, especially in the US
  • Without fiscal and monetary measures, there would have been another Great Depression, Georgieva said 

Washington, Apr 8 (PTI) India's debt to GDP ratio increased from 74 per cent to 90 per cent during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to ...

Beijing, Apr 7 (PTI) The IMF has increased China's GDP projection to 8.4 per cent for this year, a 10-year high, but its chief economist Gita Gopinath cautioned that economic growth in the ...

Washington, Apr 7 (PTI) There is evidence of normalisation of economic activities in India, IMF Chief Economist Gita Gopinath has said ahead of the annual spring meeting of the International ...

7 April.New York, NY, USA
Both the Dow and S&P 500 ended at records on Monday. (Representational Image: Pixabay)

  • The Dow Jones Industrial Average shed 0.3% to end the day at 33,430.24
  • The broad-based S&P 500 declined 0.1% to 4,073.94
  • The tech-rich Nasdaq Composite Index slipped 0.1% to 13,698.38

6 April.Washington D.C., DC, USA
The International Monetary Fund (IMF) on Tuesday projected an impressive growth for India in 2022.(Photo credit:PTI)

  • The IMF 12.5% growth rate for India in the year 2021
  • It said the Indian economy is expected to grow by 6.9% in the next financial year
  • This growth rate is better than China, the only economy to achieve growth in 2020