The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr Urjit Patel as the Executive Director at the International Monetary Fund (IMF) for a period of three years. The government has appointed the new executive director for India at IMF following the abrupt termination of Krishnamurthy V Subramanian’s services, which…
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…
In the wake of the Pahalgam terrorist attack that claimed the lives of 25 Indian citizens and one Nepali tourist, India launched Operation Sindoor, targeting terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK). This decisive military action has also been matched with strong diplomatic messaging on international platforms like the International Monetary Fund…
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…