Pakistan to chair IMF, World Bank boards next year for first time since 1953Islamabad has been named the incoming chair of the IMF and World Bank Group for 2027. This marks the first time since 1953 that Pakistan wi...
16 Oct, 2026, 02.42 PM IST
BoE's Bailey says energy price pass-through remains limited, rate risks persistBank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that seco...
16 Oct, 2026, 01.19 PM IST
Global Market: Yuan holds steady, set for third weekly gain on robust Chinese exportsChina’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its...
16 Oct, 2026, 09.50 AM IST
IMF stands ready to support Sri Lanka as economy improves, debt restructuring nears completionThe International Monetary Fund has expressed readiness to support Sri Lanka in its economic recovery efforts. Sri Lanka's macroeconomic si...
15 Oct, 2026, 01.20 PM IST
IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentalsThe International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamental...
15 Oct, 2026, 01.19 PM IST
Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stabilityAsia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been im...
15 Oct, 2026, 01.19 PM IST
Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
15 Oct, 2026, 01.04 PM IST
- Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next year
Bank of England Chief Economist Huw Pill has questioned market expectations for four quarter-point rate hikes over the next 12 months as po...
14 Oct, 2026, 07.50 PM IST
Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
14 Oct, 2026, 01.16 PM IST
What if AI boom busts? 22% of assets would be with 110 weak lenders: IMFThe IMF's latest stress test examined how banks would cope with an AI crash, soaring government bond yields and an economic slowdown. Under...
14 Oct, 2026, 12.50 AM IST
Surging bond yields wreak havoc on Dalal Street, but IMF sees more pain ahead. Why AI is one of the culpritsThe IMF has flagged three risks to global financial stability: an AI-driven market correction, rising sovereign bond yields and cyberattack...
13 Oct, 2026, 01.28 PM IST
Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enoughBank of England policymaker Megan Greene said the IMF’s upward revision to the UK’s economic growth forecast supports her view that monetar...
13 Oct, 2026, 12.53 PM IST
Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
12 Oct, 2026, 02.07 PM IST
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
12 Oct, 2026, 11.57 AM IST
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
09 Oct, 2026, 03.05 PM IST
China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
08 Oct, 2026, 06.58 PM IST
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
08 Oct, 2026, 06.47 AM IST