Search For "monetary"
RBI imposes monetary penalty on Kotak Mahindra Bank over non-compliance
Updated : 2 years, 5 months ago IST
The Reserve Bank of India (RBI) has imposed a monetary penalty to the tune of Rs 3.95 crore on Kotak Mahindra Bank Limited for various non-compliance.
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Pakistan's annual expenditure on public servants is over PKR 8 trillion, r
Updated : 2 years, 5 months ago IST
Despite this extensive expenditure, little is known about the overall contribution, outcomes, and impact of these public servants on taxpayers.
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UAE allocates US$200 million to boost growth in low-income countries and r
Updated : 2 years, 5 months ago IST
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, announced the UAE's initiative during the International Monetary and Financial Committee (IMFC) Meeting
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UAE participates in final meeting of G20 Finance Ministers, Central Bank G
Updated : 2 years, 5 months ago IST
The UAE Ministry of Finance participated in the fourth and final G20 Finance Ministers and Central Bank Governors meeting under the Indian Presidency, which took place on the sidelines of the World Bank Group and the International Monetary Fund annual meetings, held in Marrakech, from Octobe
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Bangladesh's economy on right track, inflation under control: IMF
Updated : 2 years, 5 months ago IST
"I think the economy is on the right track in terms of meeting the objective of the program, getting inflation under control and addressing macroeconomic challenges given the difficult global environment," IMF Director for the Asia and Pacific Department (APD) Krishna Srinivasan said on Frid
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India's macroeconomy sound, fiscally disciplined: IMF
Updated : 2 years, 5 months ago IST
The overall macroeconomic environment in India is "pretty sound", it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund (IMF).
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G20 adopts roadmap proposed in IMF-FSB paper on crypto assets
Updated : 2 years, 5 months ago IST
Finance Ministers and Central Bank Governors (FMCBGs) of G20 nations under India's Presidency have adopted the roadmap for crypto regulation as was proposed by the International Monetary Fund (IMF) and Financial Stability Board (FSB) before the New Delhi Summit in September.
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IMF Annual Meetings: MD Kristalina Georgieva sets out policy priorities fo
Updated : 2 years, 5 months ago IST
In a world marked by severe shocks, slow growth, and economic fragmentation, Georgieva unveiled her Global Policy Agenda, emphasizing that many nations and communities are grappling with the consequences of natural disasters and conflicts, such as the ongoing war in Ukraine and the Middle Ea
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"New cloud" darkening the horizon of world economy: IMF on Israel-Gaza vio
Updated : 2 years, 5 months ago IST
Calling the deadly Hamas attack on Israel "heartbreaking", the International Monetary Fund said that the attack is a new cloud "darkening" the horizon of the world economy.
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World Bank and Japan collaborate to boost mineral investments and clean en
Updated : 2 years, 5 months ago IST
The Resilient and Inclusive Supply-chain Enhancement, known as the RISE initiative, will focus on assisting emerging markets and developing countries in expanding their clean-energy product manufacturing and increasing their involvement in the minerals industry.
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Sri Lanka's economic challenges amid Chinese pressure
Updated : 2 years, 5 months ago IST
Sri Lanka's total external debt exceeds USD 50 billion, with a significant portion, roughly 10 per cent, owed to China.
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IMF cuts China growth forecast amidst its real estate crisis
Updated : 2 years, 5 months ago IST
Many emerging market economies proved quite resilient and surprised on the upside, with China an exception, which was facing growing headwinds from its real estate crisis and weakening confidence, IMF noted in its latest World Economic Outlook report, released on Tuesday.
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