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IMF REASSESS GDP DATA
AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...- PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
- Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth, says IMFIndia's economic growth faces significant risks from a widening Middle East conflict. Rising oil prices and a potentially weak monsoon pose...
- Apple unseats Nvidia to become world's most valuable company as AI bets shiftIn a remarkable turn of events, Apple has dethroned Nvidia to reclaim its status as the world's most valuable company. This change undersco...
- IMF approves $690 million for Ukraine after reviewThe International Monetary Fund board approved $690 million for Ukraine's loan program. This funding brings total disbursements to about $2...
- BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
- Dr Reddy's Foundation soil testing lab set to hit 1-lakh sample mark ahead of 2026 rabi seasonDr Reddy's Foundation is expanding its soil testing operations significantly. The Hyderabad lab aims to process one lakh samples before the...
- Death toll from Venezuela's twin earthquakes rises above 5,000 as IMF announces emergency fundsVenezuela's death toll from twin earthquakes now exceeds five thousand. The International Monetary Fund has provided emergency financial su...
- The economic goal that never came: World Cup falls short of boosting MexicoThe recent World Cup brought excitement but did not significantly boost Mexico's economy. Weak investment and trade agreement uncertainty c...
- Apple unseats Nvidia to become world's most valuable company as AI bets shiftApple was last valued at $4.88 trillion as its shares held steady, while Nvidia was roughly at $4.86 trillion, following a 3.5% decline. Th...
- India's forex reserves rise $964 million to $675.16 billion for week ended July 10India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $93...
- Saudi Arabia rolls over $3 billion loan to Pakistan: ReportSaudi Arabia has rolled over its USD 3 billion debt to Pakistan. Pakistan's finance minister confirmed the debt rollover was completed. The...
- US Stock Market: Fed's Jefferson signals openness to rate hike if inflation stays elevatedFederal Reserve Vice Chair Philip Jefferson indicated potential interest rate hikes if inflation fails to improve. Current policy remains a...
- Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
- IMF lowers 2026 global growth outlook to 3%, projects 3.4% growth in 2027The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid tec...
- IMF's Georgieva, Venezuelan acting president discuss use of SDRs for earthquake needsThe International Monetary Fund discussed Venezuela's reserve tranche with acting President Delcy Rodriguez. This fund can address urgent h...
- Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
- IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service ...
- IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...
- In Pakistan, not just living but dying too is getting more expensiveFuneral expenses in Rawalpindi are becoming unaffordable for many families. Low-income households now borrow money for burial rites and ser...
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