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International Monetary Fund

IMF slashes India growth forecast for FY24

Economy

11 April, 2023

IMF slashes India growth forecast for FY24

The International Monetary Fund (IMF) said on Tuesday that it expects India's economy to grow 5.9% in the current fiscal ......

Markets eye muted start to 2023 on weak cues, oil rise

Finance

02 January, 2023

Markets eye muted start to 2023 on weak cues, oil rise

Indian shares were set to kick-start 2023 on a muted note due to higher oil prices and a surge in ......

IMF cuts Asia's growth forecast, warns of supply chain risks

Finance

19 October, 2021

IMF cuts Asia's growth forecast, warns of supply chain risks

The International Monetary Fund on Tuesday slashed this year's economic growth forecast for Asia and warned that a fresh wave ......

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

Economy

31 December, 2020

Flashback 2020: COVID-19 shook, rattled and rolled the global economy

When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists ......

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

Economy

12 November, 2020

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

The Indian government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and ......

IMF cuts Asia's growth forecast on sharper India contraction

Economy

21 October, 2020

IMF cuts Asia's growth forecast on sharper India contraction

The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a ......

IMF sees trouble in emerging markets but less severe global contraction

Economy

14 October, 2020

IMF sees trouble in emerging markets but less severe global contraction

Forecasts for the global economy are "somewhat less dire" as rich nations and China have rebounded quicker than expected from ......

Nifty, Sensex decline on dour IMF outlook

Markets

25 June, 2020

Nifty, Sensex decline on dour IMF outlook

Indian shares closed slightly lower on Thursday after a volatile session, as investors weighed a downbeat growth outlook from the ......

IMF predicts deeper global recession due to coronavirus pandemic

Economy

25 June, 2020

IMF predicts deeper global recession due to coronavirus pandemic

The coronavirus pandemic has caused wider and deeper damage to economic activity than first thought, the International Monetary Fund said ......

IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath

Economy

17 June, 2020

IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath

The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020 and ......