India leads global growth with robust investment and consumption: IMF Report
New Delhi: India continues to lead as the world’s fastest-growing economy, driven by strong investment and private consumption, according to the International Monetary Fund's (IMF) Asia-Pacific Regional Economic Outlook released on Friday.
IMF highlights significant manufacturing shift towards India and China
New Delhi/IBNS: The International Monetary Fund (IMF), in its latest "World Economic Outlook" report, has highlighted a notable shift in global manufacturing towards emerging markets like India and China, as advanced economies face declining competitiveness.
IMF keeps India's FY25 growth forecast unchanged at 7%
New Delhi: The International Monetary Fund (IMF) has maintained India's GDP growth forecast for FY25 at 7 percent, according to its latest World Economic Outlook released on October 22.
'Rationalise and simplify': IMF's Gita Gopinath gives tips to increase GST revenue
New Delhi: Emphasising that structural reforms should be continuous, Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath said that India should continue to rationalise and simplify its Goods and Services Tax (GST) system to boost revenue, media reports said.
IMF raises India's FY25 GDP growth forecast to 7%
New Delhi: Amid rising private consumption, particularly in rural areas, the International Monetary Fund (IMF) on Tuesday in its economic outlook projected India's growth at 7 percent for 2024-25, up from 6.8 percent.
IMF revises China's 2024 growth forecast to 5%, predicts slowdown to 3.3% by 2029
Beijing: The IMF on Wednesday revised its projection for China's economic growth to 5 percent in 2024, up from its previous estimate of 4.6 percent, media reports said.
Debt-ridden Pakistan readies to privatise all state-run companies, except strategic ones: Reports
Islamabad: Debt-ridden Pakistan has decided to privatise all state-run enterprises, except strategic ones, broadening its earlier decision to offload stakes only in loss-making companies, media reports said.
IMF Chief says AI impact on labour forces to be like 'tsunami': Report
Zurich (Switzerland): Artificial intelligence (AI) is geared up to change the global labour market in a significant manner, comparable to a “tsunami”, said International Monetary Fund Managing Director Kristalina Georgieva, media reported.
IMF revises India's FY25 GDP growth by 30 bps to 6.8% on buoyant domestic demand
New Delhi: The International Monetary Fund (IMF) revised India's GDP growth projection for 2024-25 upward by 30 basis points to 6.8% in its update to the World Economic Outlook (WEO) on the back of buoyant domestic demand in the country.
India to remain driver for global growth in the foreseeable future, says IMF Executive Director
IMF Executive Director has said India will remain a driver for global growth in the foreseeable future.
IMF raises India's FY25 GDP growth forecast by 30 bps to 6.8%
New Delhi: The International Monetary Fund (IMF) increased its forecast for India's GDP growth in 2024-25 by 30 basis points to 6.8%, it said in an update to the World Economic Outlook (WEO).
Ahead of Budget, IMF raises India's GDP growth forecast to 6.5%
New Delhi: The International Monetary Fund (IMF) has increased its GDP growth prediction for India in the 2024-25 fiscal year by 20 basis points to 6.5 percent.
On IMF's warning on debt, Centre says India's borrowings still below 2002 level
New Delhi: In response to the International Monetary Fund's (IMF) warning about alleged government debt vulnerabilities in India, the Central government stated on Friday that certain assumptions have been made which do not accurately represent the actual situation.
India likely to achieve fiscal deficit target despite high expenses: IMF
New Delhi: The International Monetary Fund (IMF) stated on Thursday that India has the capacity to incorporate additional spending on subsidies and rural employment initiatives without surpassing the current fiscal deficit target of 5.9% set for this financial year.
Washington/New Delhi: India is expected to be the world's fastest-growing economy, despite facing significant challenges like financial sector turbulence, inflationary pressures, the impact of the Russia-Ukraine conflict, and the continued effects of the Covid-19 pandemic in the last three years, according to the International Monetary Fund's World Economic Outlook report.