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
In the past week, Indian airlines have received more than 100 hoax bomb threats resulting in inconvenience to passengers and monetary loss to the airlines . Most of the threats were posted on accounts on X and the accounts were created by using a virtual private network (VPN) or dark web br
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.
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).
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.
Pakistan Finance Minister Muhammad Aurangzeb is set to arrive in Washington DC today to participate in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group, taking place from October 21 to 26, according to a report by Dawn.
According to the IMF, Pakistan's external financing requirements are projected to reach USD 62.6 billion over the next three years under the Extended Fund Facility (EFF) program. This amount is expected to further increase to USD 110.5 billion over a five-year period, from 2024-2025 to 2028-
The International Monetary Fund (IMF) has emphasised the urgent need for policy reforms in Pakistan, highlighting that the country has not kept pace with its regional peers in living standards, according to a report by The News International.
Pakistan has been cautioned by the International Monetary Fund (IMF) to take prompt actions against corruption and political harassments related to corruption cases in the country, ARY News reported on Friday.
Joshi said, "This signals circumspection, it also underscores the likelihood of a rate cut in December. The outsized US Federal Reserve rate cut of 50 basis points in September marked complete and a decisive turn in monetary policy among major central banks. Yet, for emerging market peers, d
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
Das said, "Real GDP growth for 2024-25 is projected at 7.2 per cent. With Q2 at 7 per cent, Q3 at 7.4 per cent and Q4 7.4 per cent. Real GDP growth for Q1 of next financial year that is 2025-26 is projected at 7.3 per cent and the risks are evenly balanced."