IMF
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World News
After Sri Lanka and Pakistan- another Indian neighbour seeks IMF’s help
Due to skyrocketing inflation, trade deficit and depleting forex reserve- Bangladesh becomes another Indian neighbour to seek a $4.5 billion…
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World News
One-fifth of world may soon be facing extreme hunger and poverty due to Ukraine crisis, says UN chief
Up to 1.7 billion people will soon be suffering as a repercussion of Ukraine Crisis.
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Main News
Sri Lanka declares state of emergency due to economic crisis: Violent protests & Army on streets erupt Civil war-like situation
The island nation of 22 million people is on the verge of collapse, due to heavy debt and negligible forex…
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World News
Sri Lanka postpones exams indefinitely for millions of students, faces worst economic crisis since independence
The cash-strapped nation’s situation could hold up tests for around two-thirds thirds of the country’s 4.5 million students, President requests…
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Economy
IMF Projects India to grow at 9.5% in 2021 and 8.5% in 2022, after a 7.3% contraction due to Covid-19
In a yet another change by IMF in India’s economic projections, India is expected to grow at 9.5% instead of…
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Infrastructure
India’s core sector Infrastructure June output grows at 8.9% YoY
India's infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial…
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Economy
World Bank and IMF forecast India’s GDP to grow highest in the world during 2021 and 2022
Not just these top monetary institutions, but even Moody's and Goldman Sachs suggested the same that Indian GDP will grow…
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Economy
India to be the fastest-growing economy in the world at 11.5% GDP growth in 2021: IMF’s World Outlook Report
Up from -8% GDP in 2020, this will be the highest ever economical rise for any country in known history,…
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