IMF Names India Global Growth Engine, BJP Hits Back at Rahul
The IMF praises India's strong economic momentum, calling it the world's growth engine. BJP leaders use this global endorsement to counter Rahul Gandhi's criticism of the economy.
The IMF praises India's strong economic momentum, calling it the world's growth engine. BJP leaders use this global endorsement to counter Rahul Gandhi's criticism of the economy.
The IMF highlights India's crucial role in global growth, projecting 6.6% expansion for 2025-26 and signaling potential upward revision after strong Q3 performance.
The International Monetary Fund calls India's economy 'strong and resilient,' highlighting it as a key global growth engine. An upward revision to its forecast is likely soon.
An IMF assessment team will visit Sri Lanka from January 22-28 to evaluate Cyclone Ditwah's impact and discuss recovery support, including resuming the Extended Fund Facility program.
An IMF assessment team will visit Sri Lanka from January 22-28 to evaluate Cyclone Ditwah's impact and discuss recovery assistance, including resuming the Extended Fund Facility program.
PM Modi warns against 'merchants of appeasement' at Somnath rally, highlights India's economic strength at Vibrant Gujarat meet. Read about his call for unity and global confidence in India.
US Treasury Secretary Scott Bessent reveals plans to lift Venezuela oil sanctions, enabling sales and unlocking $5bn IMF assets for recovery. Details inside.
US Treasury Secretary hints at easing Venezuela oil sanctions & unlocking $5 billion in IMF funds after Maduro's arrest. Major shift in US-Venezuela relations detailed.
Pakistan's Foreign Minister predicts independence from IMF aid within six months, citing aircraft orders. However, experts warn the country's massive external debt tells a different story. Read the full analysis.
India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.
The IMF has sharply criticised Pakistan's powerful SIFC for its unchecked authority, warning it undermines governance and economic stability. Read the full analysis.
Pakistan's defence minister claimed booming jet sales would end IMF dependence in six months. Data reveals a starkly different economic reality. Read the full analysis.
Pakistan's defence minister claims surge in JF-17 fighter jet orders after May 2025 standoff with India could end IMF reliance. Details on Bangladesh, Saudi deals inside.
India's foreign exchange reserves surged by $3.293 billion to $696.61 billion as of December 26, RBI data shows. Gold holdings led the increase. Read the full analysis.
India overtakes Japan to become the fourth-largest economy globally, aiming for third place by 2027. Read the full economic review and growth projections.
Lebanon's Cabinet approves a draft 'financial gap law' to return funds to depositors after the 2019 financial collapse. The plan prioritises small depositors and uses bonds for larger sums.
India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.
Top officials predict a significant upgrade in IMF's assessment of India's official statistics after ongoing data reforms. New CPI & GDP series, aligned with global standards, to be launched in Feb 2026.
Discover the top 10 wealthiest nations for 2025 based on GDP per capita (PPP). See which countries lead in prosperity and the key factors behind their economic success.
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion for the week ending December 12, RBI data shows. Gold and foreign currency assets saw significant growth. Read the full analysis.
IMF data shows India's $5 trillion GDP target is delayed by 3-4 years. We analyze the impact on jobs, EMIs, investments, and daily costs for Indian households.
Former IMF deputy MD Gita Gopinath predicts the Fund will upgrade India's growth forecast closer to 7% for the current fiscal, citing strong Q2 data and global AI spending offsetting tariff impacts.
Pakistan's economy avoids collapse via IMF bailouts & Chinese loans, but structural flaws, elite corruption & regional tensions threaten long-term stability. Explore the full analysis.
India's foreign exchange reserves declined by $1.88 billion for the week ending November 29, 2024, settling at $686.23 billion. Explore the key factors behind the drop and its implications for the economy.
RBI Deputy Governor Poonam Gupta clarifies IMF's procedural concerns on India's growth data quality and the rupee's 'crawling peg' classification, affirming India's managed float stance. Read the full details.
RBI Deputy Governor Poonam Gupta clarifies IMF's procedural concerns on India's data quality and the rupee's 'crawling peg' tag. Get the full story on the economic debate.
IMF is assessing options to aid Sri Lanka's recovery from Cyclone Ditwah's devastation. Read about the economic impact and the crucial $3 billion bailout's next steps.
Pakistan initiates bidding to privatise loss-making Pakistan International Airlines (PIA), a key step under its $7 billion IMF programme. Read the full details and implications.
Finance Minister Nirmala Sitharaman announced India will update its GDP calculation base year to 2022-23. New data series, reflecting modern consumption, will be released on Feb 27. Read the full story.
Finance Minister Nirmala Sitharaman clarifies IMF's 'C' rating stems from an old 2011-12 base year, not growth data. India to adopt new 2022-23 base from 2026. Read details.