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Total 169 results found. Search for [ gita gopinath ]

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BusinessToday.In
New Delhi, January 20, 2020
IMF's chief economist Gita Gopinath spoke exclusively to Rahul Kanwal, News Director, India Today and Aajtak at the WEF meet in Davos. She elaborated on the global fallout of India's slowdown. She said the financial sector was most stressed and there was a sharp decline in credit growth. She stated that there needs to be an urgency in addressing weakness in credit growth. But she also pointed out that significant recovery was coming in due to the monetary stimulus in the system. But the government should come up with reforms and there should be quicker recapitalisation of banks in order to bring about quick recovery. She also indicated that countries which witnessed social unrest also suffered economically. Watch the video for more.Also read: Federal Bank posts record net profit of Rs 441 crore in December quarterAlso read: Jeff Bezos rides electric rickshaw; Amazon rolls out new vehicle in India  


BusinessToday.In
New Delhi, January 20, 2020
The IMF has slashed India's growth forecast further by more than a percentage point. Gita Gopinath cited stress in the non-banking financial sector  and weak rural income growth as a major reason. The IMF has also trimmed back 2020 global growth forecast due to a sharp slowdown in India and other emerging markets. Watch the video for more.Also read: New law to protect foreign investors to exclude tax demands, reveal documentsAlso read: Airtel partners with Google Cloud to offer G Suite to SMBs  


PTI
New Delhi, January 12, 2020
India $5 trillion economy: India's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors


BusinessToday.In
New Delhi, January 7, 2020
Interestingly, Chandrasekhar was also among 108 academicians who signed a joint statement in March 2019, flagging serious concerns over increasing \"political interference\" in the handling of economic data


PTI
New Delhi, December 28, 2019
Commerce Secretary Anup Wadhawan says the current slowdown in exports is mainly due to a decline in petroleum products, which constitute 13.42 per cent of the overall outward shipments


BusinessToday.In
New Delhi, December 28, 2019
The newly formed Standing Committee on Economic Statistics comprises three academicians, who were among 108 academicians who signed a joint statement in March flagging concerns over increasing \"political interference\" in the handling of economic data


BusinessToday.In
New Delhi, December 26, 2019
The International Monetary Fund in its latest report has pointed out discrepancies in calculating deflation, which is used to convert GDP at current prices to constant prices


PTI
New Delhi, December 24, 2019
With risks to the outlook tilted to the downside, the IMF Directors called for continued sound macroeconomic management


BusinessToday.In
New Delhi, December 18, 2019
The world's biggest cryptocurrency Bitcoin extended losing streak, slipping below the psychological $7,000 mark once again, wiping millions of dollars from the cryptocurrency market capitalization. The International Monetary Fund is set to join other downbeat analysts and cut the growth estimate for India \"significantly\", its India-born chief economist Gita Gopinath said. The Finance Ministry aims to bring in Rs 1.1 lakh crore as monthly GST collection for the next four months, sources said. The ministry wants one of these four months to have a GST mop-up of Rs 1.25 lakh crore. Pakistan Prime Minister Imran Khan said on Tuesday that millions of Muslims could flee India due to the curfew in the disputed territory of Kashmir and India's new citizenship law and more news on News Blast.


BusinessToday.In
New Delhi, December 18, 2019
Crypto markets lose millions as Bitcoin slips below $7,000The world's biggest cryptocurrency Bitcoin extended losing streak on Tuesday, slipping below the psychological $7,000 mark once again, wiping millions of dollars from the cryptocurrency market capitalisation. The cryptocurrency has fallen more than 50 per cent from its 2019 high of $13,879.21 touched in June.IMF economist Gita Gopinath hints India's dream to achieve $5 trillion economy doubtfulThe International Monetary Fun...


PTI
Mumbai, December 18, 2019
Gopinath said India will have to grow at 10.5 per cent in nominal terms as against 6 per cent in the last six years, and 8-9 per cent in real terms in order to achieve the target


BusinessToday.In
New Delhi, December 17, 2019
Mukesh Ambani-led Reliance Industries has ended state-owned Indian Oil Corporation's 10-year reign as India's largest company to top Fortune India 500 list. RIL is the first privately-held company to become the largest corporation in India in 10 years, said Fortune India. Global ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand and more news on News Blast.


BusinessToday.In
New Delhi, December 17, 2019
Moody's slashes India GDP forecast to 4.9% for FY20 citing weak consumptionGlobal ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. Moody's said that India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors.Reliance Industries ends IOC's 10-year rei...


BusinessToday.In
New Delhi, December 17, 2019
India ranked lower than many of its international peers, and some of its neighbours like China (106th), Sri Lanka (102nd), Nepal (101st), Brazil (92nd), Indonesia (85th) and Bangladesh (50th)


PTI
Washington, December 17, 2019
Gopinath rooted for government policies focusing on managing a slowdown in domestic demand, and on boosting productivity growth


Reuters
New Delhi, October 17, 2019
Finance Minister Nirmala Sitharaman has said she will relook the fiscal calculations before the next budget in February before announcing the fiscal deficit target for the year


PTI
New Delhi, October 16, 2019
Speaking at an event Women, Work, and Leadership: One-on-One Conversation on Tuesday, she said, \"Women just don't feel safe to go to school or to go to work.\"


BusinessToday.In
New Delhi, October 16, 2019
Chief Economist of the International Monetary Fund (IMF), Gita Gopinath has warned that the global economy is in a synchronised slowdown amid trade barriers and geopolitical tensions. She also made some suggestions. Watch the video for more.


Reuters
New Delhi, October 16, 2019
Sitharaman said the Indian government has expressed its view to the United States. \"We value the strong partnership with the USA, but we should equally be allowed to be a strong economy,\" she said.


PTI
October 16, 2019
Appreciative of the recent steps being taken by FM Sitharaman to address the economic challenges being faced by India, Gopinath said there is still a lot more that needs to be done


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