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Friday, May 10, 2024
TopicIMF

Topic: IMF

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.

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.

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.

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.

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.

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.

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.

IMF says US, China remain vital engines of growth in global economy despite slowing momentum

Ahead of the release of the updated World Economic Outlook next week, IMF MD Kristalina Georgieva says she now expects growth to moderate slightly this year.

Rapid growth, increasing adoption of crypto assets pose financial stability challenges: IMF

Cryptocurrencies have encryption techniques, which are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.

How the World Bank scandal is linked to Xi Jinping regime’s growing sense of entitlement

The Ease of Doing Business report and its deserved demise should not worry us. Concern about what will follow next.

On Camera

US campus protests shows up Western media hypocrisy. Compare how they covered JNU stir

To understand the depth of bias against India or the lack of understanding of ground reality in India, one only needs to examine the headlines from Western media covering the protests in colleges of both countries.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.