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Sunday, August 31, 2025
TopicInternational Monetary Fund

Topic: International Monetary Fund

Congress alleges govt sacked IMF ED Subramanian over ‘impropriety’; Union Bank probes Rs 7.25 cr lapses

The opposition also claimed the public bore the cost for this 'blatant propaganda,' alleging Subramanian justified every economic blunder and flawed policy of the government.

Krishnamurthy Subramanian had 6 months still left in his tenure at IMF. Why did Modi govt recall him

Subramanian's removal as IMF executive director has not come as a surprise to govt insiders, it is learnt. His tenure was to end in November.

IMF suggestions on fiscal, financial, labour reforms amid global risks are notable. India must pay heed

While IMF welcomes India's shift towards debt-based fiscal anchor, it recommends improvements to the framework, besides endorsing ​​​​​​​​​​​​​​​exchange rate flexibility & other steps.

US representatives introduce bipartisan bill for Taiwan’s inclusion in IMF

The bill highlights Taiwan's status as the world's 21st-largest economy and its position as the US's 10th-largest trading partner.

China’s loans worth $48.1 bn to South Asian nations 5 times that of India’s, Pakistan largest recipient

World Bank's International Debt Report 2024 finds Afghanistan, Pakistan, Nepal, Bhutan, Bangladesh, Myanmar, Sri Lanka & Maldives together owe $324.6 bn to external lenders.

RBI sold $26 bn of reserves in a month to halt rupee depreciation, but Trump effect eventually won

Central banks can intervene in forex market to influence exchange rate. Analysis by ThePrint shows RBI has been doing this for months, but last week saw rupee fall sharply nevertheless. 

Recession has been averted, inflation is down. But latest IMF reports sound alarm on global debt

For India, IMF has maintained its growth estimate at 7% for 2024-25, followed by 6.5 per cent next year. Slowdown from 8.2% growth in 2023 is attributed to exhaustion of pent-up demand.

IMF, Ukraine finalise relief assistance deal worth $1.1 billion

The agreement follows what Kyiv said Tuesday were 'difficult' talks and is subject to approval by the fund's executive board, which the IMF said is expected to happen in coming weeks.

Implementing labour codes, simplifying GST key to ‘developed’ India by 2047, says IMF’s Gita Gopinath

Speaking at an event at Delhi School of Economics, IMF's First Deputy Managing Director also points out that reforms like investment in education, infra, health should be increased.

IMF lauds Serbia’s economic progress, warns of risks

In a statement issued Tuesday, the IMF said the Serbian authorities had successfully implemented the third review under the Stand-By Arrangement (SBA).

On Camera

From Vedanta, India turned to Nehruvian socialism and buried its liberal roots: Sharad Joshi

An Indian Hitler will have to be exceptionally lucky to survive for any length of time. This much hope ought to be enough for seekers of liberty and equality, wrote Sharad Anantrao Joshi, president of Swatantra Bharat Paksh party, in 1995.

Easy loans, uneasy ‘debt traps’. Women harassed by private lenders ask ‘who will restore lost dignity?’

A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.

Ahead of SCO meet, Russia & China stage maiden joint submarine patrol in Sea of Japan, East China Sea

Joint submarine patrol ‘covered more than 2,000 nautical miles’ and was joined by Russian support vessels. Beijing maintains exercise ‘not directed against any third party’.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.