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Centre plans first nationwide Household Income Survey in 2026; MoSPI sets up expert panelIndia is set to conduct its first full-scale household income distribution survey in 2026, overseen by a newly formed Technical Expert Grou...
On IMF’s lifeline, Pakistan struggles as India wields its economic power to block handoutsPakistan's reliance on IMF bailouts continues as it seeks another $2 billion amid economic struggles. India is leveraging its economic stre...
Conflict, creditors and a car crash: How Ukraine clinched a wartime debt restructuringUkraine has finalised a major $20 billion debt restructuring, facilitated by financial adviser Rothschild & Co, to save $11.4 billion over ...
India’s remittance tax under LRS is a regressive step that threatens liberalisation gains, writes Urjit PatelRecent introduction of a transfer tax on remittances complicates the legacy of liberalisation. The tax, potentially an attempt to conserve ...
How bad is Pakistan's debt crisis and can the IMF save it?Negotiations for a new government in Pakistan have calmed fears of instability following inconclusive elections, but the risk of an economi...
India-Sri Lanka ministerial meet on the cardsNewly-appointed Sri Lanka finance minister Ali Sabry is expected to meet an Indian ministerial delegation in Washington next week, on the s...
IMF: Nearly all Mideast economies hit by pandemic recessionThis comes as the IMF estimates that the global economy will shrink 4.4% this year, marking the worst annual plunge since the Great Depress...
The golden era for yellow metal is here to stayAlthough international markets and Indian gold prices move in tandem, the rupee depreciation of around 6 per cent boosted the returns of go...
Pakistan's China debt at $6.6 billion in past 10 months; funds mostly used on two nuclear plantsChina gave $628.4 million for the construction of two ongoing nuclear power plants in the past 10 months, Pakistan finance ministry statist...
Global economy is in sweet spot, but risks remain: IMFBank of England Governor Mark Carney said the global recovery is getting stronger and broader, with wages firming and economies moving to f...
IMF warns Pakistan of looming China-Pak Economic Corridor billGross external financing needs will jump almost 60 per cent by then, from a projected $11 billion for the current fiscal year, to $17.5 bil...
IMF: China should step up fiscal policy if GDP growth slows sharplyThe IMF expects China's annual economic growth to be 6.8 percent this year, before slowing further to 6.25 percent in 2016.
India disappointed over non-implementation of IMF reforms: Arun JaitleyJaitley said governance reforms are required to ensure the International Monetary Fund's credibility, legitimacy and effectiveness.
Implications of IMF's disruptive proposal for debt-ridden countriesSuch a policy shift would probably disrupt markets, increase episodes of default, raise borrowing costs & discourage countries from seeking...
- India defers announcement on contribution to IMF
India has decided to defer its announcement on making its contribution to the IMF as part of effort to maintain consensus among members of ...
The IMF and global coordinationIf the financial crisis has produced one clear winner, it is the IMF, which has acquired new salience as a repository of macroeconomic expe...
- Eurozone moves towards IMF-led aid deal for Greece
Eurozone leaders moved to confront the Greek debt crisis with plans for a summit as divisions over a bailout for Athens shook the bloc's un...