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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
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"26% Of India's Workforce Exposed To AI, But...": Gita Gopinath At Davos
An estimated 26 per cent of India's workforce, across all industries and sectors, is "exposed" to Artificial Intelligence, or AI, Gita Gopinath, the Deputy Managing Director of the IMF, told NDTV at the World Economic Forum in Davos.
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IMF Chief Expects Global Uncertainty In 2025. Here's What She Said On India
TheIndian economy is expected to be "a little weaker" in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said.
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IMF Urges Kenya to Align Crypto Regulations with Global Standards
In a recently released 43-page Technical Assistance Report, the IMF has advised Kenya to align its crypto guidelines with global policies. The report outlines key areas for enhancing safety and regulation in the country's crypto sector.
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Manmohan Singh's Reforms Inspired Countless Young Economists: Gita Gopinath
IMF Deputy Director Gita Gopinath stating that the economic reforms Manmohan Singh ushered in as finance minister in 1991 had inspired countless young economists.
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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
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IMF Chief Seeks More Details On BRICS Payments System Plans
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.
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Nirmala Sitharaman's Mexico, US Visit To Focus On G20, IMF, World Bank Meetings
Finance Minister Nirmala Sitharaman will embark on an official visit to Mexico and the USA to participate in the G20 Finance Ministers and Central Bank Governor (FMCBG) and fund bank annual meeting.
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Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
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Russia Urges BRICS Partners To Create IMF Alternative Amid Western Pressure
Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations ahead of the BRICS summit later this month.
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IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
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Israel-Hamas War Causes Nearly 90% Drop In Gaza GDP: IMF
A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP.
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"Would Have Given More Money Than IMF If...": Rajnath Singh's Jibe At Pak
Defence Minister Rajnath Singh on Sunday said that the assembly elections in Jammu and Kashmir is not just any ordinary election, but it is a demonstration of India's democracy and its strength.
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Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
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Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
-
"26% Of India's Workforce Exposed To AI, But...": Gita Gopinath At Davos
An estimated 26 per cent of India's workforce, across all industries and sectors, is "exposed" to Artificial Intelligence, or AI, Gita Gopinath, the Deputy Managing Director of the IMF, told NDTV at the World Economic Forum in Davos.
-
IMF Chief Expects Global Uncertainty In 2025. Here's What She Said On India
TheIndian economy is expected to be "a little weaker" in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said.
-
IMF Urges Kenya to Align Crypto Regulations with Global Standards
In a recently released 43-page Technical Assistance Report, the IMF has advised Kenya to align its crypto guidelines with global policies. The report outlines key areas for enhancing safety and regulation in the country's crypto sector.
-
Manmohan Singh's Reforms Inspired Countless Young Economists: Gita Gopinath
IMF Deputy Director Gita Gopinath stating that the economic reforms Manmohan Singh ushered in as finance minister in 1991 had inspired countless young economists.
-
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
IMF Chief Seeks More Details On BRICS Payments System Plans
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.
-
Nirmala Sitharaman's Mexico, US Visit To Focus On G20, IMF, World Bank Meetings
Finance Minister Nirmala Sitharaman will embark on an official visit to Mexico and the USA to participate in the G20 Finance Ministers and Central Bank Governor (FMCBG) and fund bank annual meeting.
-
Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
-
Russia Urges BRICS Partners To Create IMF Alternative Amid Western Pressure
Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations ahead of the BRICS summit later this month.
-
IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
-
Israel-Hamas War Causes Nearly 90% Drop In Gaza GDP: IMF
A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP.
-
"Would Have Given More Money Than IMF If...": Rajnath Singh's Jibe At Pak
Defence Minister Rajnath Singh on Sunday said that the assembly elections in Jammu and Kashmir is not just any ordinary election, but it is a demonstration of India's democracy and its strength.
-
Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
-
Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
