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Total 153 results found. Search for [ IMF forecast latest ]

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BusinessToday.In
April 8, 2021
IMF this week raised its growth forecast for the Indian economy by 100 basis points to 12.5 per cent for the fiscal year 2021-22. It expects India's GDP to grow 12.5 per cent in FY22, the highest among emerging and advanced economies


Rashi Bisaria
New Delhi, April 8, 2021
Global recovery underway after worst recession since WW-2: IMF head A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Kristalina Georgieva has said that after the worst global recession since the Second World War, the recovery is underway. The outlook, she asserted, is brighter because millions of people are benefitting from vaccinations and because of further policy support, especially in the US. SEBI fines Mukesh Am...


BusinessToday.In
New Delhi, April 7, 2021
Ahead of the annual spring meeting of the International Monetary Fund (IMF) and the World Bank, IMF Chief Economist Gita Gopinath acknowledged there is evidence of normalisation of economic activities in India. The change in the 2021 forecast for India is minuscule compared to earlier projections, the IMF chief economist said. Earlier this week, the IMF raised its growth forecast for India to 12.5 per cent for 2021-22 in its latest edition of the World Economic Outlook. However, the Washington-based global lender pegged India's GDP growth at 6.9 per cent for FY23 and noted that India is the only Asian country expected to register double-digit growth in the current fiscal. Watch the video for more.Also Read: IT skills in top demand! Jobs aplenty for professionals with these expertise


BusinessToday.In
April 7, 2021
The change in the 2021 forecast for India is minuscule compared to earlier projections, IMF chief economist Gita Gopinath said


Rashi Bisaria
New Delhi, April 7, 2021
Oxford-AstraZeneca pauses COVID-19 vaccine trial in children The University of Oxford said on Tuesday it had paused a small UK trial testing the Covid-19 vaccine it developed with AstraZeneca Plc in children and teenagers, as it waits for more data on rare blood clotting issues in adults who received the shot. The trial disruption is the latest blow to the vaccine, once hailed as a milestone in the fight against the pandemic IMF raises India's growth forecast for FY22 to 12.5% Internat...


BusinessToday.In
April 6, 2021
India is the only country expected to register a double-digit growth this fiscal.


BusinessToday.In
January 29, 2021
Gopinath says government should carry on cash support to poor people in this financial year as well. She says Centre should focus on expanding employment guarantee scheme MGNREGA


PTI
November 22, 2020
Ashima Goyal, who has been appointed as member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), said there is progress on many reforms and that will make higher long-run growth sustainable


PTI
October 15, 2020
Speaking at a news conference here during the ongoing annual meeting of the IMF and the World Bank, Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India


Rupa Burman Roy
October 14, 2020
Overseas, Asian equities were trading mixed tracking overnight fall in US markets as investors awaited Chinese President's speech. Investors sentiment was hit after select drug-makers faced setbacks in vaccine trials of COVID-19


Joe C Mathew
October 14, 2020
IMF estimates that the per capita GDP of India will increase from $1,876 in 2020 to $2,729 in 2025, while Bangladesh's per capita GDP, $1,887 in 2020, will rise to $2,756 by 2025


Reuters
October 14, 2020
The IMF forecast a 2020 global contraction of 4.4% in its latest World Economic Outlook, an improvement over a 5.2% contraction predicted in June, when pandemic-related business closures reached their peak


BusinessToday.In
October 13, 2020
IMF, however, projected that the Indian economy will deliver an impressive recovery with 8.8 per cent growth rate in the next fiscal, higher than the 6 per cent growth it had predicted in June


Reuters
September 25, 2020
IMF spokesman Gerry Rice told reporters the overall global outlook remained challenging as a result of the coronavirus pandemic and its impact on many economic sectors


BusinessToday.In
July 6, 2020
Citigroup also said that the business sentiment will remain on a lower note in Q2 of the running fiscal


BusinessToday.In
July 6, 2020
The projection was 6.4 percentage points lower than what the government had estimated in April this year, the Ministry of Finance said


Reuters
June 27, 2020
The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries. It now anticipates a global GDP contraction of 4.9% this year


Associated Press
June 25, 2020
For 2021, the IMF envisions a rebound in growth, so long as the viral pandemic doesn't erupt in a second major wave


BusinessToday.In
June 13, 2020
In April, the IMF had predicted that the coronavirus pandemic could cause a global economic contraction of 3 per cent. Gopinath now says that the updated forecast expected to be released in June paints an even darker picture


BusinessToday.In
New Delhi, May 19, 2020
Coronavirus effect: Uber cuts 3,000 jobs as demand tumblesUber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two . Coronavirus has obviously slashed demand for rides. The San Francisco company has cut a quarter of its workforce since the year began, eliminating 3,700 people from the payroll earlier this month. It is trying to rejig its strategy by re-focusing on its core business, moving people and delivering food and groceries, said CEO Dara Khosrow...


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