Thursday, 27 January, 2022
TopicInternational Monetary Fund

Topic: International Monetary Fund

Off The Cuff with Gita Gopinath

In the latest edition of ThePrint 'Off The Cuff', Gita Gopinath, Chief Economist of the International Monetary Fund (IMF), was in conversation with our...

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.

Indian economy needs to fire on 4 engines to grow. But Modi govt is betting on just 2

Steep jump in medium-term growth rates, of the kind projected, needs strong private & govt investment, domestic demand & exports. Govt has bet on growth in own investment, while exports are doing well.

India set for record steel consumption as economy begins to revive

Demand for steel is expected to surge 17% to 110 mn tonnes this financial year due to rising power consumption & mining activity, and higher tractor & passenger vehicles sales.

Ready to strengthen dialogue, scale-up tech collaboration with India amid pandemic: IMF

IMF spokesperson Gerry Rice said it sees speeding vaccination campaign, providing fiscal resources to the health sector and social support as immediate policy priorities for India.

Why IMF evaluators want India-style capital controls to be adopted around the world

While capital controls may be useful in maintaining financial stability, Indian experience suggests IMF should focus on yardsticks of transparency, rule of law.

China is growing, but rest of Asian economy will take a while to recover, IMF says

In its latest assessment, IMF warned of significant downside risks and economic scarring as labor market participation falls with the most vulnerable likely to be the hardest hit.

Don’t go by IMF prediction, Bangladesh hasn’t beaten India as South Asia’s economic champion

India’s economy and trade mix are more diversified. So unless you believe India will continue to under-perform, don’t bet on Bangladesh just yet.

IMF gives a more pessimistic projection of global economy, expects GDP to shrink 4.9%

IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.

IMF revises India’s growth rate to -4.5%, says projected contraction ‘a historic low’

The IMF's record reveals that this is the lowest for India since 1961. However, it said that India's economy is expected to bounce back in 2021 with 6% growth.

On Camera

YourTurn

Imran Khan, chairman of Pakistan Tehreek-e-Insaf, in Lahore | Asad Zaidi/Bloomberg

Imran Khan is losing the plot. Someone’s chair is about to be pulled again

There is ‘tamasha’ going on in Pakistan. And Imran Khan is having a visible meltdown, while Nawaz Sharif is bemoaning a dead leopard.
Representational image | Photo: Pixabay

India’s economic indicators flash early warning signs for rebound

While the needle on a dial measuring the so-called ‘Animal Spirits’ remained stable, top producers signaled weakness as 2021 wound down.

Defence

The photo of former PM Indira Gandhi with the three former service chiefs | Photo: Wikimedia Commons

‘Mystery’ brochure on 1971 War crops Indira Gandhi, Jagjivan Ram from images, courts controversy

Both images show the then service chiefs, but the former PM and defence minister is removed from them.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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