Reports indicate that India is already a $4 trillion economy, but no official word yet

Reports indicate that India is already a $4 trillion economy, but no official word yet

20 Nov 2023

The reports are based on GDP feed for all countries compiled by the International Monetary Fund and the Reserve Bank’s optimism that the domestic economy is in better shape.

IMF cuts India's FY24 GDP forecast to 5.9%

17 Apr 2023

Despite a significant drop in growth rate projections from 6.8 per cent in 2022 to 5.9 per cent in 2023, the latest World Economic Outlook figures show that India continues to be the fastest-growing major economy in the world

India, well placed to lead G20 towards `One Earth, One Family, One Future’

06 Mar 2023

“In a world facing multiple challenges and rising geopolitical tensions, India’s G20 presidency is critical — and beautifully captured in the theme: One Earth, One Family, One Future,” the IMF MD said in a blog post

Rising debt could undermine South Asia’s growth: RBI governor

10 Jan 2023

Multiple external shocks in the form of Covid related global supply chain disruptions, food and energy crisis following the war in Ukraine, and financial market volatility arising from the aggressive monetary policy tightening have exerted sustained price pressures in the South Asian economies, RBI governor Shaktikanta Das told a meeting of the International Monetary Fund

World Bank’s role crucial in ensuring food, energy and climate finance: Nirmala Sitharaman

25 Oct 2022

IMF lowers 2021 growth forecast for India to 9.5%

28 Jul 2021

Based on the trends in the post-pandemic recovery and vaccine economics, the IMF’s update on its World Economic Outlook has lowered the growth forecast for India by 3 percentage points while raising it for the US and the UK to levels around 7 per cent

IMF sees Indian economy growing at 11.5% in 2021

28 Jan 2021

While raising India’s growth projection for the coming fiscal to 11.5 per cent from 8.8 per cent projected in its October report, IMF also revised outlook for the current fiscal's contraction to 8 per cent from 10.3 per cent

IMF backs India’s farm laws but wants govt to take care of jobs

21 Jan 2021

The measures will enable farmers to directly contract with sellers, allow them to retain a greater share of the surplus by reducing the role of middle men, the director of IMF’s communications department, Gerry Rice, said

IMF sees India’s GDP contracting 10.3% this year, projects 8.8% growth in 2021

15 Oct 2020

IMF has projected India's 2020 GDP to decline at a faster rate of 10.3 per cent, against the 4.5 per cent decline forecast in June this year, as the country struggles to recover from the economic strains brought about by the Wuhan virus

GCC economies could lose $2 trillion of wealth by 2034, says IMF

10 Feb 2020

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