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On Goods And Services Tax, IMF Chief Economist Flags Execution Worries
Proper implementation of the Goods and Services Tax is a work in progress, Gita Gopinath, the Chief Economist of the International Monetary Fund said today. In an interview to NDTV, Ms Gopinath said, "The indirect tax revenues which have come in are weaker than were expected, which is partly a reflection of how it was rolled out and the implementat...
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IMF Chief Economist Praises Modi Government For "Very Solid" Growth, GST
India's growth has been "very solid" over the past four years, IMF's Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.
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IMF Predicts 7.3% Growth For India In 2018, Praises GST, Bankruptcy Code
The International Monetary Fund or IMF on Tuesday predicted a growth rate of 7.3 per cent for India in the current year and 7.4 per cent in 2019.
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"World Says Sleeping Elephant Has Woken UP": PM Lauds Pace Of Reforms
Prime Minister Narendra Modi today on the occasion of 72nd Independence Day said India will be the engine of growth for the world economy for the next three decades as the "sleeping elephant" has started to run on the back of structural reforms like GST.
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"Milestone" GST Reform Should Be Further Simplifed, Says IMF
A dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality, IMF said.
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IMF Advises 3 Steps For India To Sustain Its High Growth Rate
To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund or IMF said today.
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India Fastest Growing Economy At 7.4 Per Cent In 2018: International Monetary Fund
The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.
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Indian Economy On A "Very Solid Track" Says IMF Chief Lagarde
Christine Lagarde described demonetisation and Goods and Services Tax (GST) - as a monumental effort by India.
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'Pessimists Are Going Global': Rahul Gandhi On PM Modi Jab
After the International Monetary Fund and World Bank downgraded India's growth forecast in their latest reports, Congress vice president Rahul Gandhi said "pessimists" who criticise the government's policies are not only confined to the country.
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IMF Cuts India's Growth Forecast But Sees Slowdown As 'Blip'
Last week, the World Bank had termed the slowdown in the economy as "aberration" mainly due to the temporary disruptions in preparation for the GST.
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Demonetisation Impact Fading, Reforms To Pay Off: IMF On Indian Economy
The IMF flagged the vulnerability of India's banking system, which is grappling with high levels of bad assets, and high corporate debt levels.
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Goods And Services Tax To Help Push Growth Above 8%, Says IMF: 10 Points
The Goods and Services Tax regime that the government targets to roll out from 1 July could help push India's growth rate to above the eight per cent-mark in the medium term, the International Monetary Fund has said, painting a bright outlook for the Indian economy. Tao Zhang, the IMF's Deputy Managing Director believes India has made significant p...
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India On Track To Knock Britain Out Of World's Top 5 Economies
India's economy is still recovering from a cash ban that sucked out 86 percent of currency in circulation near the end of last year.
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GST To Push Indian Growth To Over 8 Per Cent: International Monetary Fund
The Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight per cent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.
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IMF Says Indian Economy To Pick Up Once Notes Ban Impact Fades
PM Modi had on November 8 announced scrapping of old Rs 500 and Rs 1,000 notes, pulling out 86 per cent of the total currency in circulation.
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On Goods And Services Tax, IMF Chief Economist Flags Execution Worries
Proper implementation of the Goods and Services Tax is a work in progress, Gita Gopinath, the Chief Economist of the International Monetary Fund said today. In an interview to NDTV, Ms Gopinath said, "The indirect tax revenues which have come in are weaker than were expected, which is partly a reflection of how it was rolled out and the implementat...
-
IMF Chief Economist Praises Modi Government For "Very Solid" Growth, GST
India's growth has been "very solid" over the past four years, IMF's Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.
-
IMF Predicts 7.3% Growth For India In 2018, Praises GST, Bankruptcy Code
The International Monetary Fund or IMF on Tuesday predicted a growth rate of 7.3 per cent for India in the current year and 7.4 per cent in 2019.
-
"World Says Sleeping Elephant Has Woken UP": PM Lauds Pace Of Reforms
Prime Minister Narendra Modi today on the occasion of 72nd Independence Day said India will be the engine of growth for the world economy for the next three decades as the "sleeping elephant" has started to run on the back of structural reforms like GST.
-
"Milestone" GST Reform Should Be Further Simplifed, Says IMF
A dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality, IMF said.
-
IMF Advises 3 Steps For India To Sustain Its High Growth Rate
To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund or IMF said today.
-
India Fastest Growing Economy At 7.4 Per Cent In 2018: International Monetary Fund
The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.
-
Indian Economy On A "Very Solid Track" Says IMF Chief Lagarde
Christine Lagarde described demonetisation and Goods and Services Tax (GST) - as a monumental effort by India.
-
'Pessimists Are Going Global': Rahul Gandhi On PM Modi Jab
After the International Monetary Fund and World Bank downgraded India's growth forecast in their latest reports, Congress vice president Rahul Gandhi said "pessimists" who criticise the government's policies are not only confined to the country.
-
IMF Cuts India's Growth Forecast But Sees Slowdown As 'Blip'
Last week, the World Bank had termed the slowdown in the economy as "aberration" mainly due to the temporary disruptions in preparation for the GST.
-
Demonetisation Impact Fading, Reforms To Pay Off: IMF On Indian Economy
The IMF flagged the vulnerability of India's banking system, which is grappling with high levels of bad assets, and high corporate debt levels.
-
Goods And Services Tax To Help Push Growth Above 8%, Says IMF: 10 Points
The Goods and Services Tax regime that the government targets to roll out from 1 July could help push India's growth rate to above the eight per cent-mark in the medium term, the International Monetary Fund has said, painting a bright outlook for the Indian economy. Tao Zhang, the IMF's Deputy Managing Director believes India has made significant p...
-
India On Track To Knock Britain Out Of World's Top 5 Economies
India's economy is still recovering from a cash ban that sucked out 86 percent of currency in circulation near the end of last year.
-
GST To Push Indian Growth To Over 8 Per Cent: International Monetary Fund
The Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight per cent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.
-
IMF Says Indian Economy To Pick Up Once Notes Ban Impact Fades
PM Modi had on November 8 announced scrapping of old Rs 500 and Rs 1,000 notes, pulling out 86 per cent of the total currency in circulation.
