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Emerging economies must get equitable voice in global financial governance
Updated : 1 year, 4 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the need for reforms in the international financial system to address challenges faced by emerging economies and to adapt to the evolving global economic landscape.
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FM Sitharaman calls for fair and accurate sovereign ratings to ensure capi
Updated : 1 year, 4 months ago IST
Union Finance Minister Nirmala Sitharaman called for governance reforms in the (International Monetary Fund) IMF and other global institutions.
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Nirmala Sitharaman highlights Global South's contributions to foundations
Updated : 1 year, 4 months ago IST
Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.
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UAE signs two agreements with IMF to support Poverty Reduction and Sustain
Updated : 1 year, 5 months ago IST
The signing took place on the sidelines of the annual meetings of the World Bank Group (WBG) and the IMF in Washington DC where the UAE is participating until October 26.
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FM Nirmala Sitharaman engages with bank-fund staff India club members at W
Updated : 1 year, 5 months ago IST
Ministry of Finance posted on X, "Union Minister for Finance and Corporate Affairs @nsitharaman interacted with the members and family of Bank-Fund Staff India club working in @WorldBank and @IMFNews in Washington DC, today."
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FM Nirmala Sitharaman advocates for debt restructuring and resilient infra
Updated : 1 year, 5 months ago IST
Ministry of finance posted on X, "Union Minister for Finance and Corporate Affairs @nsitharaman participated in the Global Sovereign Debt Roundtable #GSDR on the sidelines of the World Bank and IMF #AnnualMeetings2024, in Washington DC, today. In her intervention, FM @nsitharaman congratu
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FM Sitharaman, World Bank President discuss issues related to private capi
Updated : 1 year, 5 months ago IST
Sitharaman said that she is looking forward to the World Bank taking forward the Independent Evaluation Group's (IEG) recommendations on MDBs reforms from India.
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India provided financial support to its neighbours much before IMF: Nirmal
Updated : 1 year, 5 months ago IST
While participating in a panel discussion on the 'Bretton Woods Institutions at 80: Priorities for the Next Decade', organised by the Center for Global Development, Sitharaman spoke on how India has extended a line of credit to many African nations to build their institutions, bridges, se
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No country, US far away or China very close to us, cannot ignore India: Ni
Updated : 1 year, 5 months ago IST
While participating in a panel discussion on the 'Bretton Woods Institutions at 80: Priorities for the Next Decade', organised by the Center for Global Development on the sidelines of the World Bank and International Annual Meetings 2024 in Washington, DC, Sitharaman stated that no countr
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Global manufacturing production rapidly moving toward emerging market econ
Updated : 1 year, 5 months ago IST
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted a significant global shift in manufacturing production towards emerging markets like India and China, as advanced economies lose competitiveness.
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IMF retains India's GDP growth at 7 pc for FY25, says worldwide inflation
Updated : 1 year, 5 months ago IST
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
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Pakistan seeks additional $2 billion from IMF to combat climate change
Updated : 1 year, 5 months ago IST
Pakistan is seeking an additional USD2 billion from the International Monetary Fund (IMF) to tackle the devastating impacts of climate change, a report by ARY News said, citing sources.
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