Saturday, 23 January, 2021
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File image of IMF Chief Economist Gita Gopinath | Photo: Andrew Harrer | Bloomberg

Targeted policies, managing debt, ‘green’ economies — Gita Gopinath’s Covid survival guide

IMF's chief economist Gita Gopinath talks about how countries can handle the consequences to economies, environment, and health systems. Read the full interview here.
Gita Gopinath

India spends 1% GDP on Covid relief, can do more: IMF chief economist Gita Gopinath

Speaking at the digital Off The Cuff, Gita Gopinath also said there was a lot of uncertainty around DGP forecasts, which are being revised based on ground realities. Read the full text here.
File image of IMF Chief Economist Gita Gopinath | Photo: Andrew Harrer | Bloomberg

India can spend more to combat economic fallout of Covid: IMF chief economist Gita Gopinath

IMF Chief Economist Gita Gopinath says India is spending around 1% of its GDP to combat the economic impact of Covid-19, but emerging markets on average are spending 2.5%.
File image of IMF Chief Economist Gita Gopinath | Photo: Andrew Harrer | Bloomberg

Don’t make Depression-era mistake, world needs post-pandemic stimulus: IMF’s Gita Gopinath

Once recovery has happened & we are past pandemic phase, advanced economies must undertake a broad-based stimulus, Gita Gopinath says.
Economy_Stocks

Coronavirus advice from leading economists: Bring out the big artillery

Economists say it’s still too early to tell how bad the economic damage from COVID-19 will be, but it will be large. They suggest bringing on fiscal firepower.

Amit Shah’s ‘kaagaz nahi dikhaayenge’ moment & India’s pulling the world down

The best cartoons of the day, chosen by the editors at ThePrint.

Has IMF’s Gita Gopinath made India a convenient scapegoat by blaming it for global slowdown?

The IMF has pegged India’s economic growth forecast to 4.8 per cent for 2019-2020, much less than its October 2019 projection of 6.1 per cent.
File image of IMF Chief Economist Gita Gopinath | Photo: Andrew Harrer | Bloomberg

IMF cuts India growth forecast to 4.8%, flags stress in non-bank financial sector

IMF chief economist Gita Gopinath cites decline in rural demand growth and an overall credit sluggishness for lowering of India forecasts.
Gita Gopinath

Gita Gopinath asks India to stick to fiscal consolidation as Q3, Q4 recovery could be lower

At FICCI event, Gita Gopinath says IMF is likely to revise India's growth forecast downwards in its January outlook.
File image of IMF Chief Economist Gita Gopinath | Photo: Andrew Harrer | Bloomberg

India needs bank clean-up, labour reforms to address slowdown: IMF’s Gita Gopinath

Economist Gita Gopinath said that the extent of India's economic slowdown had surprised many, including the IMF.

On Camera

Russian opposition leader Alexey Navalny

Putin critic Alexey Navalny dares to expose Russian president’s ‘weakness’

Navalny’s campaign to expose the nature of Russian power has been successful. He’s shown that one extraordinarily brave person can focus attention on the iniquity of an entire system.
The Reserve Bank of India (RBI) logo | Vivek Prakash | Bloomberg

RBI proposes to regulate big NBFCs just like it regulates banks, classify them into 4 groups

Reserve Bank of India's proposed four categories for NBFCs will be based on different parameters including the size of assets.

Defence

The P-8I is equipped for long range anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance | Photo: Boeing

With P8I aircraft, Navy takes part in Quad anti-submarine warfare exercise in Guam

The exercise, Sea Dragon 2021, began in Guam earlier this month and will continue till 28 January. Along with India, Japan, US & Australia, Canada is also participating.

Neither ‘udta’ nor ‘padhta’ Punjab. Question is how India’s no. 1 state in 2003 fell to 13

Punjab, once India’s richest state, has slipped and fallen behind. MSP and subsidies should continue, but it needs to rediscover its entrepreneurial impulse.