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India’s fiscal position ‘solid’ amid global headwinds: Finance ministry

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The global economy is facing fresh challenges in the form of “adverse geopolitical turns and volatile crude oil prices”, and if these risks...
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Business

RBI Governor Shaktikanta Das sticks to stand on crypto assets ban

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Reserve Bank of India (RBI) Governor Shaktikanta Das sought to reaffirm on Friday that the central bank’s stance on banning crypto assets remained...
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Business

World’s higher-for-longer rate era stokes worry among finance officials

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By Craig Stirling and Eric Martin Now that the higher-for-longer interest-rate era has arrived, global finance officials are getting worried about the consequences. Rising long-term...
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Business

India’s debt to GDP ratio to peak at 82.3% in FY25, fall in FY29, says IMF

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India’s debt-to-GDP ratio is projected to peak at 82.3 per cent in FY25, and then it may gradually ease to touch 80.5 per...
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Business

IMF raises India FY24 GDP growth forecast by 20 basis points to 6.3%

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The International Monetary Fund (IMF) on Tuesday raised its FY24 growth projection for India by 20 basis points to 6.3 per cent, citing...
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Business

Private sector must cover 90% of climate investment in EMs, says IMF

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The private sector needs to cover 90 per cent of climate mitigation investment needs in emerging market and developing economies (EMDEs) excluding China,...
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Business

Global debt fell as share of GDP in 2022, may resume rising trend: IMF

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The International Monetary Fund on Wednesday said that the global debt as a share of economic output fell significantly in 2022 for the...
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Business

PM Narendra Modi’s G20 Summit signoff

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After the two most important announcements on Saturday – the inclusion of the African Union into the G20 club and a consensus on...
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Business

IMF, FSB to lay down crypto regulation framework for G20 discussion

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Crypto common framework may emerge as one of the major achievements of India's presidency of G20, which has been agreed upon by the...
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Business

Employment in India registered V-shaped recovery post-pandemic: Former CEA

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Employment in India has registered a robust V-shaped recovery after being adversely impacted between April and June 2020 during the Covid-19 induced lockdown...
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