Search For "monetary"
IMF raises India's growth projections for 2024; fastest among developing n
Updated : 1 year, 11 months ago IST
The International Monetary Fund (IMF) in its latest outlook raised India's growth projections for 2024 from 6.5 per cent to 6.8 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies.
Read More
Pakistan delegation to appeal for new multi-billion-dollar agreement with
Updated : 1 year, 11 months ago IST
Finance Minister Muhammad Aurangzeb, on his visit to Washington, will attend the spring meetings organised by the IMF and World Bank, beginning on Tuesday.
Read More
Amid crippling economy, Pak delegation reaches US to negotiate with IMF fo
Updated : 1 year, 11 months ago IST
A delegation from Pakistan, headed by Finance Minister Muhammad Aurangzeb, has arrived in Washington, D.C., to take part in the World Bank and International Monetary Fund's spring meetings, ARY News reported on Monday.
Read More
India's wholesale inflation inches up marginally in March
Updated : 1 year, 11 months ago IST
The annual rate of inflation based on all India Wholesale Price Index (WPI) numbers is 0.53 per cent (Provisional) for March 2024 (over March 2023), showed official data on Monday.
Read More
Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 1 year, 11 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
Read More
Kristalina Georgieva gets selected as managing director of IMF for second
Updated : 1 year, 11 months ago IST
Kristalina Georgiva was selected as the managing director of International Monetary Fund (IMF) for the second term on Friday by the Executive Board of the organization.
Read More
UAE to participate in 2024 Spring Meetings of IMF and World Bank Group
Updated : 1 year, 11 months ago IST
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Washington DC, from 15th to 20th April 2024
Read More
US interest rate cut in June seems off the table: Moody's
Updated : 1 year, 11 months ago IST
Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely off the table given stubborn inflation in the country.
Read More
US Fed officials feel interest rate cut appropriate at some point in 2024:
Updated : 1 year, 11 months ago IST
US Federal Reserve officials felt that the key interest rate was likely at its peak and it would be appropriate to loosen the monetary policy stance at some point this year, Minutes of its latest policy review meeting showed.
Read More
US Fed wants more confidence that inflation moving towards target: Minutes
Updated : 1 year, 11 months ago IST
US Federal Reserve officials expect it would not be appropriate to reduce the key interest rate until they gain "greater confidence" that inflation is moving sustainably toward a comfortable 2 per cent, minutes of its latest monetary policy meeting showed.
Read More
Pakistan to formally approach IMF for fresh bailout package in upcoming an
Updated : 1 year, 11 months ago IST
Pakistan has decided to formally approach the global lender, the International Monetary Fund (IMF) for the medium-term Extended Fund Facility (EFF) during the upcoming annual spring meetings of the Bretton Wood Institutions (BWIs).
Read More
Central banks likely to cut rates from June-July, align with pre-Covid ran
Updated : 1 year, 11 months ago IST
entral banks the world over are likely to cut interest rates from June-July this year to bring real rates closer to the pre-Covid range, according to Morgan Stanley.
Read More