The International Monetary Fund (IMF) has revised India’s growth forecast upward by 0.2 percentage points, projecting a 6.6 per cent expansion for the 2025-26 fiscal year. The revision reflects the country’s strong growth momentum, which is helping offset the impact of high US tariffs on Indian exports. India’s economy grew at a surprising 7.8 per…
Pakistan’s heavy reliance on International Monetary Fund (IMF) support highlights the scale of its economic vulnerabilities and the lack of sustained reforms, according to a new report cited by IANS on Saturday. The analysis stressed that IMF loans will always provide cash for short-term survival rather than long-term recovery, thus making the country continue to be in…
India’s GDP is expected to grow between 6.8 per cent-7 per cent in the first quarter this fiscal (Q1 FY26), due to higher discretionary spending which will drive demand-led growth in the country, a report said on Thursday. The gross value added (GVA) growth is estimated at 6.5 per cent for the quarter, SBI Research…
India’s economy is growing steadily at an annual rate of 6.5 per cent and is on track to become an $8 trillion economy in the coming years, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Wednesday. In an interview with IANS, the minister said, “India has already grown from a $2…
Union Minister of Commerce and Industry Piyush Goyal said on Thursday that India is on track to become the world’s third largest economy by the end of 2027. Citing multilateral lender International Monetary Fund’s projections, the Union Minister exuded confidence that the domestic economy is progressing in this regard and will reach the milestone within…
At a key executive board meeting of multilateral lender International Monetary Fund (IMF) on Friday, India raised serious concerns over Pakistan’s poor record and the possibility that the country could be misusing the funds for “state-sponsored cross border terrorism”. The IMF was conducting a scheduled review of its Extended Fund Facility (EFF) lending programme to the tune…