IMF cuts India’s FY23 economic growth forecast by 80 bps to 7.4%
For India, IMF says revision reflects mainly less favourable external conditions and more rapid policy tightening
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July 2022
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Amidst global recession threat, India finds hope!
IMF says global growth prospects have “darkened significantly” as inflation “broadened” beyond food and energy, but FinMin says recession fears have done the opposite – softened inflation pressure
IMF appoints Krishna Srinivasan as director of Asia and Pacific Department
Srinivasan's appointment as APD director will be effective from June 22.
OECD slashes India’s GDP growth forecast to 6.9% in FY23
India recorded strongest rebound from COVID but momentum is dissipating due to weaker external conditions, rising global food and energy prices tightening monetary policy, says OECD.
India to be $5 tn economy by FY29 — not FY25 — suggests IMF data
This is contrary to the govt's aim of achieving the target by FY26; the rupee is also seen depreciating to 94.4 per dollar by FY28.
How many are poor in India?
While the IMF and World Bank reports are counter-intuitive, India has no data on household consumption expenditure since 2011-12, its poverty line was last fixed in 2004-05.
Global growth dampened by inflation, volatility in energy markets: FM
Nirmala Sitharaman raised concerns on dampening global growth momentum.
After World Bank, IMF cuts India’s FY23 GDP forecast to 8.2%
Russia’s invasion of Ukraine and high inflation have forced the IMF to slash global growth forecast from 6.1% in 2021 to 3.6% in 2022 and 2023.
US dollar losing currency among world's central banks; guess who's gaining
An IMF research report shows a strong negative correlation between the reserve issuer's public debt and reserve shares.
Under fire, World Bank’s ease of doing business revamped to BEEP, but…
World Bank is mired in controversies. Replacing DBP with BEEP may not really change much until the underlying problems are fixed.
