Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief
"We expect momentum to improve (in India) further going ahead," IMF chief Kristalina Georgieva said.
Forex reserve hits lifetime high of $462.16 billion
In the previous week, the reserves had increased by $58 million to $461.21 billion.
Growth slowdown in India is temporary: IMF Chief
IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going...
India likely to fund some $28 billion of 2020/21 expenditure via off-budget borrowings: Sources
Off-budget borrowings are a means by which the government keeps its fiscal deficit in check by making quasi-government entities borrow on its behalf, to partly fund its expenditure plan for the year. This would mark a roughly 13.8% increase in so-called off-budget borrowings from an estimated 1.75 trillion rupees ($24.6 billion) in the ongoing fiscal year.
Prepare for attack by govt ministers on IMF, Gita Gopinath: Chidambaram on growth forecast
He also alleged that the growth figure of 4.8 per cent given by the International Monetary Fund (IMF) is after some "window dressing" and he won't be surprised if it goes even lower.
No turning point in sight as IMF predicts sluggish global growth
The IMF trimmed back its global growth forecasts, mostly due to a slowdown in India.
IMF lowers India’s FY20 growth estimate to 4.8%
The International Monetary Fund has slashed its estimate on India’s 2019 economic growth to 4.8% from the 6.1% expansion it projected in Oct...
IMF cuts India’s FY20 growth forecast to 4.8%
The IMF cut its estimate citing a sharper-than-expected slowdown in local demand and stress in NBFC sector.
India's GDP to grow at 5.5% in FY21, says India Ratings
In recent months, the government has announced a number of steps to shore up the economic growth including a corporate tax rate cut.
Donald Trump rejects climate 'prophets of doom' as Thunberg warns Davos
Thunberg was in the audience in the Swiss Alps to hear a typically bullish speech by Trump, delivered just before the start of his Senate impeachment trial in Washington.
Rupee trips for 4th day, down 10 paise at 71.21
Weaker greenback overseas and easing crude oil prices helped the rupee restrict its losses to some extent.
Economic slowdown to hit insurance premium collections: Moody's
Despite low penetration, the ongoing economic slowdown will impact insurance premium collections over the next two to three years, global ratings agency Moody's Investors Service said.
Modi, Shah are a drag on Indian democracy: Sibal
Congress leader Kapil Sibal on Tuesday said the nationwide protests against the amended citizenship law reflected that Prime Minister Narendra Modi and Union Home Minister Amit Shah were a "drag on Indian democracy".
Commodity outlook: Agri counters slip; here’s how others may trade today
Here is how SMC Global expects commodities to trade today.
It will require a very credible challenger to displace dollar's dominance: IMF chief economist Gita Gopinath
She said euro has been around for a long time but it has not reached the level yet that it was initially expected to achieve, while China has also been trying to internationalise its currency for long without much success. Speaking here at a WEF 2020 session on dollar's dominance, Gopinath said historically one currency has always dominated the global trade.
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