Ex-IMF Chief Rodrigo Rato Sentenced To Nearly Five Years For Corruption
The 75-year-old, who held key roles in Spain's government from 1996 to 2004 under Jose Maria Aznar, was convicted of hiding assets in offshore accounts.
India’s Economy Poised For 6.8% Growth In 2024, Driven By Strong Investment And Exports: UNCTAD Report
According to the UNCTAD report, India's rising exports, especially in services, chemicals, and pharmaceuticals, contribute significantly to this growth
IMF Approves $820 Million Disbursement To Egypt Amid Ongoing Economic Challenges
The International Monetary Fund (IMF) has approved an $820 million disbursement to Egypt. This payment is part of an $8 billion loan program initiated to support Egypt's economy.
India Poised To Become Third-Largest Economy By 2027, IMF Projects
Dr. Gita Gopinath, Deputy Managing Director of the IMF has projected that India will become the third-largest global economy by 2027.
IMF: India And China To Drive Nearly Half Of Global Growth In 2024
India's growth forecast for this year has been revised to 7.0 percent, reflecting upward revisions for 2023 and improved prospects for private consumption, particularly in rural areas.
IMF Criticizes US Secretary Of State: “USCIRF’s Understanding Of India’s Religious Freedom Is Weak
IMF pointed out that India's federal system grants states autonomy on matters such as law, allowing them the constitutional freedom to create and implement their own laws.
IMF Warns AI Will Affect Jobs And Deepen The Inequality
IMF chief urged states to tackle this “troubling trend” and to take steps “to prevent the technology from further stoking social tensions.”
Riding On Young Population, India’s Wealth Will Increase 10 Times: NSE CEO Ashish Chauhan
Addressing a convocation near Ahmedabad NSE CEO Ashish Chauhan Said that in the next 50 years, we can be in the league of rich nations.
UK Recovering Faster Than Expected After Slipping Into Technical Recession: IMF
The UK economy is approaching a soft landing, with a recovery in growth expected in 2024, strengthening in 2025, IMF said.
Pakistan Set To Seek Fresh IMF Bailout Package In Spring Meeting, Focus On Climate Finance: Report
The Bretton Woods Institutions are the World Bank and the International Monetary Fund (IMF) called so as both were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944.
