Cash-Strapped Pakistan Makes Formal Request To IMF For Another Bailout
Finance Minister Aurangzeb told the World Bank in Washington that Pakistan's economy could potentially reach USD 3 trillion by 2047 if key reforms are fully implemented.
Apr 21, 2024, 14:32 PM IST
IMF Backs Modi Government's Economic Policies; Expects India To Rev Up Global Growth As China Falters
The IMF’s World Economic Outlook report, released on Tuesday, has not only raised India's growth forecast by 0.3 percentage points to 6.8 per cent for 2024-25 but also sees the country as a bright spot "supporting global growth over the medium term and spill over to other countries".
Apr 18, 2024, 08:33 AM IST
India's Forex Reserves Rise By USD 140 Million To Hit Fresh Peak Of USD 642.63 Billion
Gold reserves increased by USD 347 million to USD 51.487 billion during the week, the RBI said.
Mar 30, 2024, 15:52 PM IST
Indian Economy Can Grow At 8% Till 2047, Says Subramanian
The growth rate in October-December helped take the estimate for the current fiscal to 7.6 percent.
Mar 28, 2024, 18:06 PM IST
Forex Reserves Decline USD 5.24 Bn To USD 617.23 Bn
The forex kitty stood at USD 622.5 billion for the week ended February 2.
Feb 23, 2024, 19:47 PM IST
IMF Says Asia On Track To Again Deliver Two-Thirds To Global Growth In 2024
For 2023, IMF has estimated growth at 4.7 percent, compared to its 4.6 percent projection it had made in October.
Feb 02, 2024, 09:23 AM IST
Pakistan got loan from IMF!
Prime Minister of Pakistan Shahbaz Sharif has got alms. Pakistan has got a big relief. The Government of Pakistan and the IMF have reached an agreement of three billion dollars.
Jul 01, 2023, 12:14 PM IST
Cash Strapped Pakistan Faces Forex Crisis, Puts Public Assets On Sale
Saudi Arabia is no longer willing to bail out Islamabad as it is getting frustrated while watching their financial assistance evaporate in struggling economies without any positive outcome.
Jul 01, 2023, 09:54 AM IST
Forex Reserves Jump USD 5.9 Bn To USD 595 Bn
The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
Jun 09, 2023, 20:55 PM IST
Pakistan came on its knees begging for help, IMF put this condition
IMF has brought Pakistan to its knees before helping it. Now the Prime Minister of Pakistan Shehbaz Sharif has sought help from the IMF. IMF said that for the loan, Pakistan will have to end the instability in the country only then it will get the loan.
Jun 02, 2023, 23:26 PM IST
Pakistan came on its knees begging for help, IMF put this condition
On the completion of 350 years of Chhatrapati Shivaji Maharaj's coronation day, PM Modi said that Shivaji Maharaj ended the mentality of slavery, Shivaji Maharaj instilled the belief in the public that Swaraj is also possible.
Jun 02, 2023, 23:24 PM IST
Argentina Raises Interest Rate To 97%, Inflation Rate At 100%
That's the highest level since the early 1990s, and currently, Venezuela and Zimbabwe are the only two countries experiencing higher inflation than Argentina, according to International Monetary Fund data.
May 16, 2023, 13:48 PM IST
India's World-Class Digital Infra Like Aadhaar, UPI Worth Emulating By Many Nations: IMF Paper
The government of India estimates that, up to March 2021, about 1.1 per cent of GDP in expenditure was saved due to the digital infrastructure and other governance reforms.
May 06, 2023, 07:51 AM IST
Indian Economy To Grow At Around 6.5% In FY24: NITI Aayog Member Virmani
The International Monetary Fund (IMF) also lowered India's economic growth projection for the current fiscal to 5.9 percent from 6.1 percent earlier.
Apr 30, 2023, 16:06 PM IST
India Remains Concerned About Global Economic Outlook, Says FM Nirmala Sitharaman
In her address to IMF and World Bank, FM said India has moved on beyond the pandemic, staging a full recovery in FY22-23, ahead of many countries.
Apr 13, 2023, 08:57 AM IST
IMF Division Chief Daniel Leigh Reposes Faith In Indian Economy, Says Country Remains A 'Bright Spot'
IMF on Tuesday lowered its growth projection for 2023-24 to 5.9 per cent from 6.1 per cent earlier but despite a significant drop, India continues to be the fastest-growing economy in the world, the World Economic Outlook figures revealed.
Apr 12, 2023, 08:04 AM IST
Pakistan Finance Minister Ishaq Dar Says IMF Deal Well On Track
Pakistan, currently in the throes of a major economic crisis, is grappling with high external debt, a weak local currency, and dwindling foreign exchange reserves.
Apr 08, 2023, 21:05 PM IST
Pakistan Economic Crisis: Onions Prices Rise By 228%, Wheat Rates Up By 120% - Check Rates Of Other Kitchen Items Here
According to a report by pkrevenue, the price of onions in Pakistan has increased by 228,28 percent, and the price of wheat flour has increased by 120,66 percent.
Mar 26, 2023, 21:47 PM IST
Pakistan Economic Crisis: We Are 'Begging' IMF Because Of Imran Khan, Says Maryam Nawaz
Pakistan's economy is in dire straits and the country is awaiting a much-needed USD 1.1 billion tranche of funding from the International Monetary Fund (IMF).
Mar 14, 2023, 13:10 PM IST
DNA: When the financial functioning of IMF started in 1947
This segment of DNA brings you information related to today's history.
Mar 01, 2023, 23:42 PM IST
