Tag: international monetary fund
Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yield
New Delhi: The finance ministry estimates India’s economic growth at 7.35% in the quarter ended September, citing favourable trends across high-frequency indicators including industrial output,…
IMF applauds India’s GDP data revamp, says country entered energy shock with strong fundamentals
At a press briefing in Bangkok on Thursday, the International Monetary Fund (IMF) said India entered the energy shock with strong fundamentals and has responded…
India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical framework
India has so far shown considerable resilience to the rise in energy prices, the International Monetary Fund (IMF) said, even as it monitors the impact…
IMF says India remains growth engine for world, monitoring impact of higher oil prices
India remains a growth engine for the global economy, the spokesperson for the International Monetary Fund said on Thursday, noting that India’s second-quarter growth of…
Finance ministry asks ministries to move from WPI to PPI in future contracts
New Delhi: The finance ministry has nudged all ministries and departments to move to Producer Price Index (PPI), from the current Wholesale Price Index (WPI),…
PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?
The government has kicked off the retirement of the Wholesale Price Index (WPI), rolling out India’s first set of Producer Price Index (PPI) data on…
CEA defends India’s GDP data, says country does not use methodology changes to inflate growth numbers
New Delhi: Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India’s GDP statistics, saying the country does not use revisions…
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22
India’s foreign exchange reserves dropped again by $7.51 billion to stand at $681.38 billion in the week ended May 22, according to data released by…
India’s forex reserves fall $4.82 billion to $698.49 billion as of April 24
India’s foreign exchange reserves fell by $4.82 billion to $698.49 billion in the week ended April 24, data released by the Reserve Bank of India…
ET Graphics: India to become world’s third-largest economy by 2031
India is expected to become the world’s third-largest economy by 2031, according to the latest International Monetary Fund (IMF) data, even as it is projected…