Photo: The Jakarta Post

IMF Forecasts 12.5% Growth For India; Stronger Than China's 8.6%

The International Monetary Fund has projected India’s growth rate higher than China for 2021. Extrapolating India’s growth at 12.5% for this year, the Washington-based body expected Indian economy to grow at 6.9% in 2022. Moreover, projecting 8.6% growth rate for China in 2021, the IMF, in its World Economic Outlook report estimated 5.6% growth for dragon in 2022. Interestingly, China was the only country to have positive growth rate in 2020… read-more

Wed, 07 Apr 2021 - 12:51 PM / by Nikita Thakur

Tags: IMF, Growth, China, India, World Economic Outlook

Courtesy: The Tribune

Representational Image

Photo: Mettis Global News

IMF Suggests Postive Signs For Indian Economy; Hints Gradual Revival

The International Monetary Fund ahead of the Spring meeting with the World Bank has apprised that the Indian economy is en route to gradual revival. Remarkably, in a first since the pandemic's advent, India's economy, through advancements in gross, fixed capital formation, witnessed substantive GDP growth and improved performance in the fourth quarter of 2020. Moreover, the IMF spokesperson Gerry Rice suggested that although high-frequency… read-more

Fri, 26 Mar 2021 - 07:44 PM / by Ashly Ann Varghese

Tags: IMF, Indian Economy, GDP growth, World Bank, Covid-19, Lockdown

Courtesy: The Indian Express


Photo: The Economic Times

IMF Expert Projects 11.5% Growth In Indian GDP By 2021; Targets $5 Trillion Economy

The International Monetary Fund has projected a growth of 11.5% in the GDP of India for the year 2021. The growth will support India firmly in reaching its target of $5 Trillion economy. Moreover, the IMF in its World Economic Outlook expects much better growth in the Indian economy as compared to china (8.1%). Wishing luck for the projections, Commerce and Industry Minister Piyush Goyal termed India as "Bright start in the Global Market".… read-more

Wed, 27 Jan 2021 - 02:10 PM / by Nikita Thakur

Tags: India, GDP, 5 Trillion Economy, IMF

IMF chief

Photo: NDTV

IMF Chief Hails India's Efforts Towards COVID-19, Economic Recovery

Lauding India’s strategies against the COVID-19 pandemic, the International Monetary Fund (IMF) has hailed the country's "decisive steps" taken to tackle the economy. The IMF chief Kristalina Georgieva, during the global media roundtable, stated that India has managed to do a good job despite of high population. Kristalina said that with "targeted restrictions" and other timely steps, India has performed "slightly above" than the average 6%… read-more

Fri, 15 Jan 2021 - 10:46 AM / by Bhavyata Kagrana

Tags: IMF, Kristalina Georgieva, Covid-19, India

Courtesy: Times of India


Photo: Business Today

IMF Predicts Rebound In Indian Economy In 2021; Over 10% Dip In 2020

International Monetary Fund's 'World Economic Outlook' report has suggested that Indian economy is likely to have a positive growth of 8.8% in 2021 after a contraction of 10.3% in 2020. It indicated the similar trend for other countries as well with US economy expected to grow by 3.9% in 2021 after contracting 5.8% this year. However, the report suggested that only China showed a growth of 1.9% in 2020.

Tue, 13 Oct 2020 - 07:33 PM / by Sneha Ramesh

Tags: IMF, India, United States Of America, China, Economy

Courtesy: The Times Of India