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The Chinese flag. | Wikimedia Commons

New study shows China’s stark influence in 70 global institutions in charts

According to the Centre for Global Development, US shouldn’t be alarmed. But it should see where China is at odds with it.
File image of Gita Gopinath | Photo: Andrew Harrer | Bloomberg

IMF’s first female chief economist Gita Gopinath will return to Harvard in January

Harvard University had extended her leave of absence on an exceptional basis by 1 year, which allowed her to serve as chief economist at the International Monetary Fund for 3 years.

IMF cuts Asia-Pacific growth forecast to 6.5% on Delta variant, slow vaccine pace

IMF says much of the downgrade was due to slower growth in India, which is now forecast to expand 9.5% this year, and South East Asia, where the virus continues to wreak havoc.
An Air India Ltd. aircraft on the tarmac at the Indira Gandhi International Airport in New Delhi | Bloomberg

Sale of Air India an ‘important milestone’ in India’s privatisation efforts: IMF official

IMF official Alfred Schipke said that to maximise the benefits from privatisation, medium-term privatisation plans, solid regulatory frameworks, competitive markets are important.
Finance Minister Nirmala Sitharaman during a meeting with World Bank Group chief David Malpass in Washington D.C on 15 October 2021 | Twitter/@FinMinIndia

Climate financing still area of worry, says Sitharaman, flags questions on $100 bn pledge

The remarks came ahead of the upcoming COP-26 Summit to be held in UK. Leaders of nearly 200 countries will gather at the summit in Glasgow to discuss climate action.
Finance Minister Nirmala Sitharaman during a meeting with World Bank Group David Malpass in Washington D.C on 15 October 2021

Too early to conclude on lessons India learnt from Covid crisis, Sitharaman says

Concluded her meetings at the IMF and World Bank in US, Finance Minister Nirmala Sitharaman said assessing the Covid crisis in a short period of 1.5 years may be limiting its scope.
Signage displayed outside the IMF | Alex Wroblewski | Bloomberg

India must focus on green public investment for inclusive recovery, IMF says

An IMF official said India's debt is at a ratio of about 90%, and it is important to signal to investors to that the ratio will decline in the medium term.
Signage displayed outside the IMF | Alex Wroblewski | Bloomberg

Global debt jumps to $226 trillion, India’s dues projected to rise to 90.6% in 2021 — IMF

According to IMF, debt levels increased fast due to Covid and the policies put in place to respond to it.
Finance Minister Nirmala Sitharaman during a conversation at Harvard Kennedy School in Boston, on 13 October 2021

UN, World Bank, IMF need to be urgently reformed, made more transparent, Sitharaman says

During a talk at the Harvard Kennedy School, Finance Minister Nirmala Sitharaman also said that these institutions need to speak for countries that don't get adequate representation.
Signage displayed outside the IMF | Alex Wroblewski | Bloomberg

Indian economy expected to grow by 9.5% this year, 8.5% in 2022, IMF says

India’s growth projection released by the latest World Economic Outlook remains unchanged from the previous update in July but is a 1.6% drop from April projection.

Twitter has an India-born CEO Parag Agrawal. In Pakistan, it has caused a burn

We look forward to overseas Pakistanis cooking on wood, explaining gas shortage in Pakistan. These are inflation CEOs. Unmatchable against Google, Twitter CEOs.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.