'Looks optimistic but...': IMF chief Gita Gopinath says Important for India to keep fiscal deficit in check
5 years, 2 months ago

'Looks optimistic but...': IMF chief Gita Gopinath says Important for India to keep fiscal deficit in check

India TV News  

It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, Chief Economist of the International Monetary Fund Gita Gopinath has said. As against India's real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook, released on Tuesday, projected the country's growth rate at 6.1 per cent in 2019 and noted that the Indian economy is expected to pick up at 7 per cent in 2020. Responding to a question, Deputy Director in the IMF Research Department Gian Maria Milesi-Ferretti said the overall growth remains very strong in India by the standards of the world economy. At the same time, there are many macroeconomic challenges the deputy director said as he emphasized the need to keep fiscal deficit under control.

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History of this topic

India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs
1 day, 21 hours ago

India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs

Live Mint  

New Delhi: India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday. The central government's “fiscal impulse will remain a drag on growth in the next fiscal year”, said the report titled ‘Asia in Focus—Union Budget Preview: Policy Choices in a Cyclical Growth Slowdown’. "We continue …

Prudent policy: India should not let public debt eclipse the fiscal deficit
1 week, 2 days ago

Prudent policy: India should not let public debt eclipse the fiscal deficit

Live Mint  

In a 2020 address to the nation soon after the outbreak of covid, Prime Minister Narendra Modi cited age-old wisdom that advised against losing control of three things: fire, debt and disease. To cushion India’s economy from the pandemic’s shock, though, government spending had to vastly exceed its inflows, taking its fiscal deficit to 9% plus of GDP in 2020-21. …

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year
2 weeks, 6 days ago

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year

Deccan Chronicle  

New Delhi: India's economy is likely to grow by 6.5 per cent in the current and the next financial year, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. The economy continued to be negative even in October 2024 at 8.4 per cent, implying that in the first seven …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 2 weeks ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 3 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

Govt may revise fiscal deficit target to 5% of GDP in Budget
7 months ago

Govt may revise fiscal deficit target to 5% of GDP in Budget

Hindustan Times  

NEW DELHI: The full budget for FY25 may see a downward revision of India’s fiscal deficit target for the current financial year from previous target of 5.1% of the gross domestic product to at least 5% or less as North Block swings into action to translate Prime Minister Narendra Modi’s development agenda into budget proposals, three people aware of the …

India should bring back fiscal positions to pre-pandemic levels: IMF
7 months, 1 week ago

India should bring back fiscal positions to pre-pandemic levels: IMF

Deccan Chronicle  

Chennai: The International Monetary Fund has advised countries, including India, which have elections this year, to begin fiscal consolidation in order to bring fiscal positions back to pre-pandemic levels. When asked about the concern IMF expressed about the governments being tempted to increase public spending during election years in countries, including Mexico and India, Julie Kozack, Director of the Communications …

IMF predicts India’s GDP growth to be 7% in 2024, 6.5% in 2025 as pent-up demand fades
7 months, 1 week ago

IMF predicts India’s GDP growth to be 7% in 2024, 6.5% in 2025 as pent-up demand fades

Firstpost  

“In India, the outlook is for GDP growth to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025, because pent-up demand accumulated during the pandemic has been exhausted” the IMF said in the World Economic Outlook The IMF on Tuesday said India's GDP would grow 7% in 2024-25. India’s GDP …

IMF forecasts India’s economy to grow 6.8% this fiscal year
8 months, 4 weeks ago

IMF forecasts India’s economy to grow 6.8% this fiscal year

The Hindu  

The International Monetary Fund on Tuesday raised its growth projection for India’s GDP in the current fiscal year 2024/25 to 6.8%, and forecast a 6.5% expansion next year. The global economy had remained “remarkably resilient” with steady growth and inflation returning to target and had “defied expectations of stagflation and global recession” in the wake of the post-pandemic supply disruptions, …

IMF pegs India’s growth at 6.7% in FY24
11 months, 2 weeks ago

IMF pegs India’s growth at 6.7% in FY24

New Indian Express  

NEW DELHI: The International Monetary Fund on Tuesday increased its gross domestic product growth forecast for India in 2023-2024 to 6.7% from an earlier projection of 6.3% in October last year. “Growth in India is projected to remain strong at 6.5% in both 2024 and 2025, with an upgrade from October of 0.2 percentage point for both years, reflecting resilience …

IMF commends India’s economic resilience and growth amid global challenges, projects 6.3% growth in 2023-24
1 year ago

IMF commends India’s economic resilience and growth amid global challenges, projects 6.3% growth in 2023-24

Op India  

The Executive Board of the International Monetary Fund came up with a ringing endorsement of India’s growth story after concluding the Article IV consultation with New Delhi, commending the nation’s robust economic growth, resilient financial sector, and notable progress in formalisation and digital infrastructure. The IMF projects a continued strong growth trajectory for India, with real Gross Domestic Product expected …

India’s GDP grew by 7.6 per cent during July-September quarter
1 year, 1 month ago

India’s GDP grew by 7.6 per cent during July-September quarter

Op India  

The Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, remaining the fastest-growing major economy. The Reserve Bank of India had maintained real GDP growth for 2023-24 at 6.5 per cent with Q2 at 6.5 per cent; Q3 at 6.0 per cent; and Q4 at 5.7 per cent. The International Monetary Fund had …

IMF says India to account for 18% of global growth by 2028
1 year, 2 months ago

IMF says India to account for 18% of global growth by 2028

Op India  

The International Monetary Fund forecasts India to further boost its contribution to global growth over the course of the next five years as the Indian economy continues to grow fast. However, the IMF made no adjustments to its forecast for the subsequent year, maintaining India’s GDP growth rate of 6.3% for fiscal year 2024-25. IMF forecasts for India before 2014 …

IMF raises India’s growth forecast to 6.3% for 2023-24, cites strong consumption
1 year, 3 months ago

IMF raises India’s growth forecast to 6.3% for 2023-24, cites strong consumption

India TV News  

The International Monetary Fund has revised its GDP growth projection for India for the financial year 2023-24 to 6.3%, marking the second upward revision since April. Inflation and global growth outlook The IMF estimated India's consumer inflation for the fiscal year at 5.5%, slightly above the Reserve Bank of India's forecast of 5.4%. Globally, the IMF predicts a slowdown in …

IMF raises India’s 2023 GDP growth forecast to 6.1%
1 year, 5 months ago

IMF raises India’s 2023 GDP growth forecast to 6.1%

Live Mint  

The International Monetary Fund on Tuesday revised India’s GDP growth forecast to 6.1% for 2023, up from 5.9% projected by the financial institution earlier this year as a result of stronger domestic investment. “Growth in India is projected at 6.1% in 2023, a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the …

IMF Raises India's GDP Forecast To 6.1% For FY24, Lowers Global Economy Growth Projection
1 year, 5 months ago

IMF Raises India's GDP Forecast To 6.1% For FY24, Lowers Global Economy Growth Projection

ABP News  

The International Monetary Fund has raised India's GDP growth forecast for the financial year 2023-24 to 6.1 per cent from earlier 5.9 per cent after the country's stronger-than-expected growth in the fourth quarter of 2022. The global lender in its latest World Economic Outlook on Tuesday also revised its projection for the growth of the global economy in 2023 to …

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN
1 year, 7 months ago

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN

News 18  

India’s economy is expected to grow by 6.7 per cent in the calendar year 2024, supported by resilient domestic demand, according to a UN report which said higher interest rates and weaker external demand will continue to weigh on investment and exports this year for the country. The World Economic Situation and Prospects as of mid-2023 released on Tuesday said …

Indian economy to grow at around 6.5 pc in FY24 despite US, Europe bank crisis: NITI Aayog
1 year, 8 months ago

Indian economy to grow at around 6.5 pc in FY24 despite US, Europe bank crisis: NITI Aayog

India TV News  

Indian economy: The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said. "So in the current fiscal year because of all the changes which have happened in the last year, I have reduced my India's economic growth forecast by 0.5 per …

India will stay on course; projected to grow at 7% in 2022-23: FM Sitharaman
1 year, 9 months ago

India will stay on course; projected to grow at 7% in 2022-23: FM Sitharaman

The Hindu  

Observing that the International Monetary Fund and World Bank have estimated India to be the fastest-growing major economy in 2023, Finance Minister Nirmala Sitharaman has said the Indian economy will stay on course and is likely to grow at 7% in 2022-23. Attending the Plenary Meeting of the International Monetary and Financial Committee at the IMF Headquarters here on Friday …

India likely to have stable debt-to-GDP ratio going forward, says IMF official
1 year, 9 months ago

India likely to have stable debt-to-GDP ratio going forward, says IMF official

Deccan Chronicle  

WASHINGTON: India is expected to have a stable debt-to-GDP ratio going forward, a senior official from the International Monetary Fund said on Wednesday and recommended rationalization and simplification of Goods and Services Tax. According to Paolo Mauro, Deputy Director of the IMF Fiscal Affairs Department, there will be a gradual resumption of the rise in the global public debt-to-GDP ratio …

‘Very strong economy’, IMF on India’s growth trajectory
1 year, 9 months ago

‘Very strong economy’, IMF on India’s growth trajectory

Live Mint  

International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy." The statement has come at a time when the IMF has lowered its projection growth for India during 2023-24 to 5.9 per cent from 6.1 per cent earlier. Then we go up to 6.3 next year …

"Very strong economy...': IMF division chief Daniel Leigh on India's growth trajectory
1 year, 9 months ago

"Very strong economy...': IMF division chief Daniel Leigh on India's growth trajectory

Firstpost  

Washington: International Monetary Fund division chief Daniel Leigh on Tuesday said that India is a very “very strong economy” and one of the bright spots in the global economy. #WATCH | Growth rate for India which is 6.8 in 2022, this is one of the bright spots in the Global Economy.we go up to 6.3 next year, again a very …

India set to grow by 5.9% this fiscal: IMF
1 year, 9 months ago

India set to grow by 5.9% this fiscal: IMF

The Hindu  

The International Monetary Fund has projected that India’s economy will grow by 5.9% for the current fiscal year April 2023 - March 2024, a downward revision of 0.2 percentage points since the January forecast. Gradual recovery “The global economy’s gradual recovery from both the pandemic and Russia’s invasion of Ukraine remains on track,” IMF Chief Economist Pierre-Olivier Gourinchas said, adding …

Indian economy to perform well, remain one of the fastest growing in world: IMF
1 year, 9 months ago

Indian economy to perform well, remain one of the fastest growing in world: IMF

Live Mint  

Surpassing the global uncertainty and headwinds, Indian economy will continue to perform well and maintain its position of being one of the fastest growing economy in the world, said a top official of the International Monetary Fund on Tuesday. "The Indian economy continues to perform well and remains the fastest growing Asian economy, and one of the fastest growing in …

India one of the bright spots in crisis-ridden world economy: IMF chief
1 year, 9 months ago

India one of the bright spots in crisis-ridden world economy: IMF chief

India TV News  

International Monetary Fund managing director Kristalina Georgiva has said that India and China are predicted to contribute for half of global growth in 2023. According to the IMF’s chief, this is “our lowest medium-term growth prediction since 1990, and significantly below the two-decade average of 3.8 percent”. Georgieva remarked that while the global banking system has “come a long way," …

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
1 year, 10 months ago

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD

The Hindu  

India continues to remain a relative "bright spot" in the world economy, and will alone contribute 15% of the global growth in 2023, International Monetary Fund Managing Director Kristalina Georgieva said. And in that way, India is providing about 15% of global growth in 2023," Ms. Georgieva told PTI in an interview. India remains a bright spot at a time …

RBI projects economic growth at 6.4% for next fiscal
1 year, 11 months ago

RBI projects economic growth at 6.4% for next fiscal

Firstpost  

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the RBI’s internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook New Delhi: The Reserve Bank of India has projected India’s economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal, citing risks from geo-political …

Explained | Is the government on track on fiscal deficit targets?
1 year, 11 months ago

Explained | Is the government on track on fiscal deficit targets?

The Hindu  

The story so far: In the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman chose the path of relative fiscal prudence and projected a decline in fiscal deficit to 5.9% of gross domestic product in FY24, compared with 6.4% in FY23. In Union Budget 2023-24, the fiscal deficit to GDP is pegged at 5.9% in FY24. The primary deficit, which …

India to face challenges in meeting fiscal deficit target: Report
1 year, 11 months ago

India to face challenges in meeting fiscal deficit target: Report

Hindustan Times  

India could find it challenging to meet the fiscal deficit target of 4.5% of GDP in 2025-26, an analyst at Fitch Ratings said on Wednesday, adding that the country's sovereign rating continues to remain stable. Earlier in the day, an official at Moody's Investors Service had also said that the government's fiscal deficit target for 2025/26 could see some risks. …

The world is looking at India as a destination for investment: Gita Gopinath
2 years, 1 month ago

The world is looking at India as a destination for investment: Gita Gopinath

Live Mint  

While the IMF has forecast a lower growth rate for the global economy in 2023 compared with this fiscal, a positive trend for India is that countries that are looking to diversify their supply chains are looking at India as an option, said International Monetary Fund’s First Deputy Managing Director Gita Gopinath in an interview with Mint. In a wide-ranging …

What the GDP numbers say
2 years, 1 month ago

What the GDP numbers say

Hindustan Times  

September quarter Gross Domestic Product numbers, which were released on November 30, are in perfect sync with the Reserve Bank of India ’s projection of 6.3%. If inflation continues to moderate — most forecasters, including RBI, believe that it will — and there is a sincere, even if gradual step towards fiscal consolidation in the forthcoming Budget, India will continue …

India should choose fiscal, monetary policy carefully to support ‘bright spot’ growth forecast: IMF
2 years, 3 months ago

India should choose fiscal, monetary policy carefully to support ‘bright spot’ growth forecast: IMF

The Hindu  

Even as it praised India’s growth rate forecasts of 6.8% in FY22-23 and 6.1% in FY23-24, the International Monetary Fund cautioned that there was limited policy space given overall global conditions. With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, Anne-Marie …

Winter is coming: The Hindu Editorial on IMF’s warning
2 years, 3 months ago

Winter is coming: The Hindu Editorial on IMF’s warning

The Hindu  

The International Monetary Fund, in its latest World Economic Outlook report, has retained global growth hopes for 2022 at 3.2%, and lowered next year’s projection to 2.7% from 2.9%. The year 2023 will feel like a recession for many people in the world, the Fund has cautioned, as ‘the worst is yet to come’ amid tighter monetary policies to curb …

India Is Doing Better And In Relative Bright Spot Compared To Other Countries: IMF
2 years, 3 months ago

India Is Doing Better And In Relative Bright Spot Compared To Other Countries: IMF

ABP News  

A top official of International Monetary Fund has said that India is doing better and is in a relatively bright spot compared to other countries when everyone is slowing down in terms of economic growth, the PTI reported. In that context, India is doing better and is in a relative bright spot compared to the other countries in the region.” …

India is doing better and in relatively bright spot compared to others: IMF
2 years, 3 months ago

India is doing better and in relatively bright spot compared to others: IMF

Deccan Chronicle  

Washington: When everyone is slowing down in terms of economic growth, India has not remained unimpacted, but is doing better and is in a relatively bright spot compared to other countries, a top International Monetary Fund official said on Tuesday. In that context, India is doing better and is in a relative bright spot compared to the other countries in …

'When everyone is slowing, India is doing better in economic growth…', says IMF
2 years, 3 months ago

'When everyone is slowing, India is doing better in economic growth…', says IMF

Hindustan Times  

When everyone is slowing down in terms of economic growth, India has not remained unimpacted, but is doing better and is in a relatively bright spot compared to other countries, a top International Monetary Fund official said on Tuesday. 'When everyone is slowing, India is doing better in economic growth…', says IMF Just look at the global conjuncture right now, …

Most nations' economy slowing but India in relative bright spot: Top IMF official
2 years, 3 months ago

Most nations' economy slowing but India in relative bright spot: Top IMF official

India Today  

A top official at the International Monetary Fund has said at a time when most countries’ economic growth is slowing, India is doing better and is at a relatively brighter spot, despite several hiccups. The International Monetary Fund on Tuesday, October 11, revised its projection of India's economic growth in 2022 to 6.1 per cent, joining other international agencies that …

IMF cuts India’s FY 2022-23 growth forecast to 6.8%
2 years, 3 months ago

IMF cuts India’s FY 2022-23 growth forecast to 6.8%

The Hindu  

The world, including India, will experience an overall slowdown in the next year owing to the impact of the Russia-Ukraine war, tightening monetary conditions globally, the highest inflation in decades, and lingering effects of the pandemic, according to the International Monetary Fund. India is projected to grow at 6.8% in the current fiscal year, following 8.7% growth in the fiscal …

IMF cuts India's economic growth forecast to 6.8% in 2022
2 years, 3 months ago

IMF cuts India's economic growth forecast to 6.8% in 2022

Firstpost  

The IMF had in July projected a gross domestic product growth of 7.4 per cent for India in the fiscal year that started in April 2022. Even that forecast was lower than 8.2 per cent projected in January this year Washington: The International Monetary Fund on Tuesday cut its projection of India’s economic growth in 2022 to 6.8 per cent, …

IMF lowers India’s growth forecast to 6.8% for 2022-23
2 years, 3 months ago

IMF lowers India’s growth forecast to 6.8% for 2022-23

Live Mint  

The International Monetary Fund on Tuesday sharply lowered India’s economic growth forecast to 6.8% in its latest World Economic Outlook, compared to 7.4% it had estimated earlier in July, citing the impact of external headwinds and weaker than expected second quarter growth. The multilateral agency retained India’s growth forecast for 2022-23 at 6.1%, despite lingering downside risks. “The outlook for …

India to grow at 6.1% in 2023, world's fastest among major economies: IMF
2 years, 3 months ago

India to grow at 6.1% in 2023, world's fastest among major economies: IMF

India Today  

The International Monetary Fund on Tuesday, October 11, revised its projection of India's economic growth in 2022 to 6.1 per cent, joining other international agencies that have also cut India's growth forecast. Despite the revision, India's growth is projected to be the fastest among major economies. In July, the IMF had said that India would grow at 7.4% in the …

Nirmala Sitharaman's projection for India's GDP: ‘7.4% economic growth in current, next fiscal’
2 years, 4 months ago

Nirmala Sitharaman's projection for India's GDP: ‘7.4% economic growth in current, next fiscal’

Hindustan Times  

India's gross domestic product would grow at 7.4% in the current fiscal and continue at the same level in the next fiscal as well, Union finance minister Nirmala Sitharaman projected on Friday. "Our own estimates have also shown based on the developments, that we are definitely at that range.7.4%, and that level would continue even next year," Sitharaman said in …

India to grow at 7.4% in FY23, continue at same level next year as well: FM
2 years, 4 months ago

India to grow at 7.4% in FY23, continue at same level next year as well: FM

Deccan Chronicle  

MUMBAI: Union Finance Minister Nirmala Sitharaman on Friday said the Indian economy will grow at 7.4 per cent in this fiscal and continue at the same level in the next fiscal as well. "Our own estimates have also shown based on the developments, that we are definitely at that range.7.4 and that level will continue even next year," Sitharaman said, …

Where is India's economy headed after FinMin's twin deficit warning?
2 years, 6 months ago

Where is India's economy headed after FinMin's twin deficit warning?

Business Standard  

The World Bank recently cut its FY23 real GDP growth forecast for India to 7.5 per cent from 8 per cent, which is slightly more bullish than the Reserve Bank of India’s forecast of 7.2 per cent. However, a paper co-authored by Reserve Bank of India’s deputy governor Michael Debabrata Patra says that there is only a five per cent …

Economy Might See Slowing Growth But Still Better Than Other Emerging Economies: FinMin
2 years, 6 months ago

Economy Might See Slowing Growth But Still Better Than Other Emerging Economies: FinMin

News 18  

As various international agencies have projected slowing of global economic growth due to rising commodity prices, supply chain bottlenecks and faster than the projected withdrawal of monetary accommodation, India’s economy is also expected to witness slowing growth, though still higher than the other emerging market economies, said a finance ministry report released on Monday. “High-wire balancing act between maintaining growth …

Indian Economy Better Placed To Strengthen Recovery Despite Adverse Global Events: RBI Annual Report
2 years, 7 months ago

Indian Economy Better Placed To Strengthen Recovery Despite Adverse Global Events: RBI Annual Report

News 18  

The Indian economy is relatively better placed to strengthen the recovery that is underway and improve macroeconomic prospects going forward despite adverse international developments including the geopolitical conflict in Europe, surging commodity prices and the coronavirus pandemic, the Reserve Bank of India on Friday said in its Annual Report 2021-22. India’s gross domestic product grew 5.4 per cent in the …

India will become a $5 trillion economy by 2026-27, IMF revises its prediction
2 years, 7 months ago

India will become a $5 trillion economy by 2026-27, IMF revises its prediction

Op India  

The International Monetary Fund, which predicted in April this year that India can not become a $5 trillion economy until 2028-2029, has reworked its forecast in the World Economic Outlook database, reported Swarajya. Along with that, IMF revised predictions now say that India’s per capita GDP will remain ahead of Bangladesh till 2027. — Abhishek May 16, 2022 While speaking …

India’s high growth rate 'positive news' for world: IMF
2 years, 8 months ago

India’s high growth rate 'positive news' for world: IMF

Hindustan Times  

International Monetary Fund chief Kristalina Georgieva on Wednesday lauded India's high growth rate, as projected in the latest World Economic Outlook, saying that it is positive news for the world. Even with the small downgrade, growth is projected for this year to be 8.2 per cent," said Georgieva, adding, "healthy for India, but also positive in a world where growth …

Finance Minister Sitharaman meets IMF chief, discusses impact of recent 'geopolitical developments' on global economy
2 years, 8 months ago

Finance Minister Sitharaman meets IMF chief, discusses impact of recent 'geopolitical developments' on global economy

Firstpost  

During the meeting, IMF Chief Kristalina Georgieva highlighted India’s well-targeted policy mix that has helped the Indian economy remain resilient even with a limited fiscal space Washington: Finance Minister Nirmala Sitharaman on Tuesday held talks with IMF chief Kristalina Georgieva during which they voiced concern over the impact of the recent “geopolitical developments” on the global economy and the challenges …

India projected to grow at 8% this fiscal: World Bank
2 years, 9 months ago

India projected to grow at 8% this fiscal: World Bank

The Hindu  

India is projected to grow at 8% over the current fiscal year, and 7.1% over the next fiscal year, the World Bank said in its twice yearly South Asia Economic Focus Reshaping Norms: A New Way Forward, released on Wednesday, in the run-up to the World Bank IMF Spring Meetings. External shocks “Given these challenges, governments need to carefully plan …

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