Findings are of relevance for RBI, which has followed inflation targeting policies since 2016 but had to write to govt in December 2022 explaining why inflation had overshot target.
Watch Dr. Krishnamurthy Subramanian, India's former Chief Economic Advisor & Executive Director at the IMF, talk about the state of Indian economy, RBI, nuances...
In past 4 decades, India's economy multiplied about 16-fold, and even if its growth numbers turn out to be less flattering in 2022 and 2023, IMF thinks its future remains bright.
Dar, 72, is a chartered accountant who had served as finance minister thrice in the past. He faces the daunting task of stabilising Pakistan's economy which has been in a tailspin.
IMF says agreement is subject to approval by its management and executive board. Sri Lankan govt is yet to come up with debt restructuring plan, say observers.
The global financial body eyes creditor assurances as it prepares a visit to the island nation, and says the country's 'public debt is assessed as unsustainable'.
President’s Office also reportedly issues statement saying negotiations with IMF are ‘highly successful’, and so are political negotiations to form an all-party government.
'There is a condition in relation to the months of import cover that we need to have in order to be able to draw on that money,' Indrajit Coomaraswamy, advisor of the Sri Lankan govt Thursday.
The government is seeking a loan of about Rs 31,000 crore this year from the International Monetary Fund and creditors including China and Japan to help pay for food and fuel.
SRK's impromptu party looked refreshingly ‘normal’ and as cool as the Birthday Boy himself. King of Kool could be another tag for the man who once declared himself 'the last of the stars'.
The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.
ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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