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Sri Lanka, Sri Lanka news, Sri Lanka financial crisis, India, Colombo, IMF

India holds debt restructuring talks with Sri Lanka

The discussions symbolise India’s support to early conclusion and approval of a suitable IMF Programme for Sri Lanka

Updated: September 21, 2022 19:45 IST

Asian markets weaken as IMF, World Bank flag recession risks

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% on Friday, after U.S. stocks ended the previous session…

September 16, 2022 08:09 IST

IMF eyes expanded access to emergency aid for food shocks, say sources

It would allow the IMF to help Ukraine and other countries hit hard by Russia’s war in Ukraine without imposing…

September 12, 2022 10:01 IST

Role of external players in Sri Lanka

Sri Lanka will be subject to a lot of pressure and pulls from foreign players. In the current conditions, as…

September 2, 2022 16:58 IST

IMF provisionally agrees on USD 2.9 billion loan for crisis-hit Sri Lanka

Sri Lanka is going through its worst economic crisis since its independence in 1948 which was triggered by a severe…

September 1, 2022 13:15 IST

Outlining the manifestations of the precipitous downturn in the Bangladeshi Taka: Its ramifications on the South Asian region

Bangladesh has applied for a loan from the IMF, Sheikh Hasina’s administration is making headway with the country’s plan to…

Updated: August 31, 2022 15:04 IST

These steps, the Fund said, should also be accompanied by further liberalisation of the investment regime and a reduction in tariffs, especially on intermediate goods.

India needs to roll back monetary, fiscal stimulus gradually, says IMF

India’s CAD, however, is “broadly consistent” with its per capita income level, favourable growth prospects, demographic trends, and development needs,…

August 5, 2022 04:40 IST

USDD on Tron, USDN on the Near Protocol, and Ethereum's Frax, which is partially algorithmic and partially collateralised, are the three notable algorithmic stablecoins now in use, said the report.

IMF warns of more crypto pain ahead

The IMF director said that the knock-on effect of an economic downturn could see the failure of coin offerings, as…

July 29, 2022 13:52 IST

Share Market Highlights: Bulls push Sensex 547 pts higher, Nifty ends at 16641; Sun Pharma, SBI top gainers

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Bulls overpowered bears on Wednesday, taking Sensex and Nifty higher.

Updated: July 27, 2022 16:11 IST

IMF slashes global growth forecasts

China is now projected to grow 3.3% in 2022, the slowest pace in four decades, except for the Covid-induced downturn…

July 27, 2022 06:00 IST

Wickremesinghe in his previous capacity as prime minister and finance minister has been involved in the negotiations with the Washington-based International Monetary Fund (IMF).

IMF chief Georgieva hopes to complete Sri Lanka aid talks ‘as quickly as possible’

Sri Lanka has been gripped by severe shortages of fuel, food and other essentials after its foreign reserves dried up.…

July 20, 2022 17:15 IST

Sri Lanka crisis a warning to countries with high debt and limited policy space: IMF chief

Maldives and Bangladesh are two nations which are on the verge of witnessing an economic crisis if situations are not…

July 18, 2022 19:05 IST

IMF wants stability in Sri Lanka to resume talks on bailout deal

Sri Lanka is going through the worst economic crisis since its independence from Britain in 1948 and needs to obtain…

July 15, 2022 13:08 IST

Gita Gopinath becomes first woman and 2nd Indian to feature on IMF’s ‘wall of former chief economists’

“Breaking the trend I joined the wall of former Chief Economists of the IMF,” she said in a tweet, which…

Updated: July 7, 2022 20:52 IST

IMF sets tough conditions for Pakistan to revive USD 6 billion loan facility: Report

The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing…

June 29, 2022 12:42 IST

IMF delegation visits crisis-hit Sri Lanka with time running out

Sri Lanka is battling its worst financial crisis since independence in 1948, as decades of economic mismanagement and recent policy…

Updated: June 20, 2022 09:27 IST

IMF says it is concerned by food, fertilizer export restrictions; welcomes India’s decision to relax ban on wheat exports

A senior International Monetary Fund official observed that some 30 countries have curtailed exports of commodity goods including food and…

June 10, 2022 10:24 IST

“IMF is currently revising India's growth forecast for 2022, which may be lower than 8.2 per cent. This is work in progress at the moment," IMF Senior Resident Representative in India Luis Breuer said at an interactive session on ‘World Economic Outlook' organised by the MCC here.

India’s growth projection being revised, might be lower than earlier forecast: IMF official

In April, the International Monetary Fund had lowered India’s growth projection to 8.2 per cent as compared to 9 per…

May 31, 2022 17:09 IST

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