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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
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International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
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First Shockwaves Of Trump's Tariffs Are About To Hit World Economy
Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.
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IMF Sees US-China Trade Grievances, Welcomes India Tariff Cuts
IMF said that the US and China both have trade grievances, but the world's two largest economies needed to reduce uncertainty and agree on a fairer trading system.
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Global Economy Likely To Avoid Recession Despite Tariffs: IMF Chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
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Ex-Minister Suresh Prabhu Only Indian On Bloomberg New Economy Advisory Board
Former Union Minister Suresh Prabhu has been appointed to the Bloomberg New Economy advisory board, making him the only Indian on the list, which includes the former President of Indonesia, First Deputy Managing Director of the IMF, Gita Gopinath.
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US Tariffs Pose "Significant Risk To Global Outlook", Warns IMF
Following US President Donald Trump's announcement of reciprocal tariffs, International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concern over the impact on the global economy.
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IMF Agrees On New $1.3 Billion Loan Program For Pakistan
The IMF said Tuesday it has reached agreement with Pakistan on a new $1.3 billion loan program and reviewed an existing bailout that would, if approved, unlock an additional $1 billion.
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At $4.3 Trillion, India's GDP Doubles In 10 Years, Outpaces World With 105% Rise
India has been the fastest growing major economy in the world for the last ten years, with the latest data from the International Monetary Fund or IMF showing a staggering 105 per cent growth in the last decade.
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"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
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India To Remain Fastest Growing Major Economy With 6.5% Growth In FY26: IMF
Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26.
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Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
-
IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
-
International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
-
First Shockwaves Of Trump's Tariffs Are About To Hit World Economy
Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.
-
IMF Sees US-China Trade Grievances, Welcomes India Tariff Cuts
IMF said that the US and China both have trade grievances, but the world's two largest economies needed to reduce uncertainty and agree on a fairer trading system.
-
Global Economy Likely To Avoid Recession Despite Tariffs: IMF Chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
-
Ex-Minister Suresh Prabhu Only Indian On Bloomberg New Economy Advisory Board
Former Union Minister Suresh Prabhu has been appointed to the Bloomberg New Economy advisory board, making him the only Indian on the list, which includes the former President of Indonesia, First Deputy Managing Director of the IMF, Gita Gopinath.
-
US Tariffs Pose "Significant Risk To Global Outlook", Warns IMF
Following US President Donald Trump's announcement of reciprocal tariffs, International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concern over the impact on the global economy.
-
IMF Agrees On New $1.3 Billion Loan Program For Pakistan
The IMF said Tuesday it has reached agreement with Pakistan on a new $1.3 billion loan program and reviewed an existing bailout that would, if approved, unlock an additional $1 billion.
-
At $4.3 Trillion, India's GDP Doubles In 10 Years, Outpaces World With 105% Rise
India has been the fastest growing major economy in the world for the last ten years, with the latest data from the International Monetary Fund or IMF showing a staggering 105 per cent growth in the last decade.
-
"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
-
India To Remain Fastest Growing Major Economy With 6.5% Growth In FY26: IMF
Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26.
-
Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
