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Friday, April 26, 2024
TopicIMF

Topic: IMF

IMF’s Gita Gopinath says there’s no free lunch in modern monetary theory

Gita Gopinath is latest big-name economist to weigh in on MMT theory, which is seeking to shift debate on limits to how much countries can spend.

India’s forex reserves soar over $5 billion to reach $421 billion 

The maiden dollar-rupee swap conducted by the RBI last week helped foreign exchange reserves swell by a healthy $5.237 billion to $411.905 billion in the week to 29 March. 

In first-of-its-kind deal, OxyContin maker reaches $270 mn settlement with Oklahoma

Mexican mogul criticises Lopez Obrador’s economic policies, and New York County declares measles emergency.

India is one of world’s fastest growing economies, says International Monetary Fund

Indian economy details would be revealed in the upcoming World Economic Outlook survey report, which will be released by the IMF in April.

Theresa May loses crucial Brexit vote, US-China trade deal looking uncertain

A former Vatican treasurer has been convicted for child sexual abuse in Australia, and IMF has hailed Greece’s economic performance.

India has the second worst NPA ratio among large economies

New IMF data ranks India 33 among 137 nations with bad NPA ratio in descending order. Of the 32 countries with worse ratio, 16 are in Africa.

Trump attacks the World Bank by nominating an unconventional chief

Donald Trump's nominee for the post of World Bank president has been a critic of multilateral institutions.

Why in once-prosperous Venezuela, its citizens are now eating cats to survive

IMF expects hyper-inflation in Venezuela to hit 10 million per cent in 2019, nearly 10 times more than the 1.37 million per cent inflation rate predicted for 2018.

Nothing’s taboo for Gita Gopinath, IMF’s new chief economist & first woman in job

More than a decade since IMF failed to predict the financial crisis, Gita Gopinath plans to use “broadest lens possible” to find economic solutions.

What’s different about this year’s Davos?

From a focus on mental health to the participation of more women, Davos is set for a makeover this year. Here’s what else is happening around the world.

On Camera

Every time the Congress thinks it has a ‘revolutionary’ idea, it shoots its own foot

From Sam Pitroda talking about inheritance tax to Goan candidate saying the Indian Constitution was 'forced' on Goa, Congress has been having its own foot-in-the-mouth moments.

JP Morgan CEO praises ‘tough leader’ Modi — ‘has taken 400 million people out of poverty’

Jamie Dimon also lauded India's Aadhaar recognition system, broad availability of banking services & country's 'unbelievable' education system & infrastructure.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.