BRICS pitches for using local currencies in international trade A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations,… Updated: June 2, 2023 16:44 IST
Sri Lanka economy shows ‘tentative signs of improvement’: IMF These remarks were made by International Monetary Fund Deputy Managing Director Kenji Okamura on Thursday at the end of his… Updated: June 2, 2023 13:43 IST
China assures Sri Lanka of ‘steadfast support’ on its road to economic recover Weidong met President Wickremesinghe on Tuesday and expressed keen interest in exploring opportunities to strengthen the bilateral relations while reiterating… Updated: May 31, 2023 14:44 IST
India can help beat global debt distress As G20 the president, it should support reforms that let all countries in debt distress into the G20 Common Framework.… May 29, 2023 04:15 IST
Germany economy shrinks in first quarter, signalling one definition of recession Data released Thursday by the Federal Statistical Office shows Germany’s gross domestic product, or GDP, declined by 0.3 per cent… Updated: May 25, 2023 15:56 IST
Pakistan PM Shahbaz Sharif orders those involved in violence tracked down and arrested Pakistan’s Prime Minister Shahbaz Sharif ordered authorities on Saturday to identify and arrest all those involved in violent acts after… May 13, 2023 18:03 IST
IMF asks RBI, other Asian central banks to keep policy tight China pivot of Asia growth in 2023, India key driver too May 3, 2023 02:45 IST
IMF raises Asia’s economic forecast on China recovery, warns of risks The reopening of China’s economy will be pivotal for the region with the spillover to Asia seen focused on consumption… Updated: May 2, 2023 09:50 IST
India’s G20 Presidency and leadership in governing VDAs The G20 works to address major issues related to the global economy, such as international financial stability, climate change mitigation,… April 29, 2023 09:03 IST
Premium An expensive conflict The economic interests of a savings-short America are tightly aligned with its outsized imbalances of trade and capital flows Updated: April 26, 2023 07:59 IST
Pakistan lacks ammunition, economic strength to fight India: Ex-army Chief Gen Bajwa to journalists n a revelation, Pakistan’s former Army chief General Qamar Javed Bajwa had reportedly told two senior journalists that Pakistan lacked… April 24, 2023 17:14 IST
Pakistan government shares plan with IMF to secure additional $3 billion support: Report The Washington-based global lender had asked Pakistan to arrange USD 6 billion in external financing but so far only USD… Updated: April 19, 2023 12:00 IST
China’s consumer-driven growth gives boost to global economy The upbeat data provide a foundation for China’s government to meet or exceed its GDP growth target of about 5%… April 18, 2023 14:40 IST
China on a prowl It was pretty apparent that China will use technology, diplomacy and its military to revive its economy and also use… Updated: April 18, 2023 14:45 IST
Navigating a crisis As IMF’s global outlook turns dimmer, India must reinforce the focus on stability April 17, 2023 04:45 IST
Nirmala Sitharaman attends high-level meeting on Sri Lankan debt issues She emphasised that a collaboration among creditors is important to ensure transparency and equality in treatment of all creditors in… Updated: April 14, 2023 12:34 IST
Modest downgrading of India’s growth due to slowness of domestic consumption, data revisions: IMF official The International Monetary Fund (IMF) on Tuesday lowered India’s economic growth projection for the current fiscal to 5.9 per cent… Updated: April 14, 2023 11:24 IST
India’s general govt fiscal deficit pegged at 8.9% in 2023: IMF The report has projected India’s general government debt to remain largely stable at 83.2% of the GDP in 2023 as… April 13, 2023 04:40 IST
India to have stable debt-to-GDP ratio: IMF After the pandemic broke out in early 2020, the Centre’s ballooning deficit in FY21 pushed its debt-to-GDP to also reach… April 13, 2023 01:00 IST
IMF sees slowing consumption hitting India’s growth momentum The IMF slashed its growth outlook for India to 5.9% for the current fiscal year that started this month from… April 12, 2023 15:31 IST
FM Nirmala Sitharaman meets Saudi Arabia counterpart; global debt crisis, G20 agenda discussed “H.E. Minister Nirmala Sitharaman and I discussed the #G20 agenda, and the progress made,” Aljadaan said in a tweet after… Updated: April 12, 2023 10:37 IST
IMF lowers India growth forecast to 5.9% for FY24 As per the second advance estimate by the National Statistical Office, India’s economy likely grew 7% in real terms in… April 12, 2023 02:30 IST
