India’s Forex Reserves Surge By $4.5 bn To Cross $702 bn Mark
India’s gold reserves held by the RBI as part of the country’s foreign exchange reserves surged by USD 6.2 billion to surpass the USD 108.5 mark for the first time on the back of a sharp rise in the price of the precious metal and increased purchases by the central bank.
Oct 24, 2025, 18:32 PM IST
IMF Debt List: Which Countries Owe The IMF The Most In 2025 And Why It Matters
From Argentina to Egypt, at least 86 countries collectively owe the International Monetary Fund more than $162 billion.
Oct 17, 2025, 01:22 AM IST
IMF Loans Leave Pak Trapped In Cycle Of Financing Sans Fixing Amid Discrepancies: Report
The inconsistencies in meeting goals have heightened concerns about the credibility of Pakistan’s external sector statistics, “leading the IMF to demand corrective measures and a clear communication strategy to restore investor confidence,” according to the report in Khaama Press, an online news service covering events in Afghanistan.
Oct 11, 2025, 14:47 PM IST
UPI Impact: India Now Makes Faster Payments Than Any Other Country, Says IMF
Since its launch in 2016, UPI has grown quickly, while some proxies for cash usage have begun to decline. UPI now processes more than 18 billion transactions per month and dominates other electronic retail payments in India, according to the note titled ‘Growing Retail Digital Payments: The Value of Interoperability.’
Jul 11, 2025, 12:00 PM IST
After India's Objections, IMF Justifies Bailout Package To Pakistan; Says THIS
The IMF recently gave the nod to a $ 1 billion (over Rs 8,000 crore) bailout package to Pakistan even as India expressed reservations.
May 23, 2025, 11:59 AM IST
Pakistan's Economic Woes Worsens? FBR Tax Shortfall Swells To Rs 833 Billion
As per details, the Pakistan's tax shortfall exceeded the limit set by the International Monetary Fund (IMF) by at least Rs 190 billion.
May 02, 2025, 11:34 AM IST
IMF Gives Rs 15 Trillion Shocker To Pakistan Ahead Of Next Budget
The new budget is expected to increase the tax-to-GDP ratio to 13 per cent and collect Rs 2,745 billion in non-tax revenue.
Mar 22, 2025, 20:25 PM IST
India’s GDP Doubles In 10 Years, Set To Surpass Japan And Germany By 2027
The GDP growth rate is the fastest among major economies, significantly outpacing advanced nations.
Mar 22, 2025, 19:15 PM IST
IMF To Begin Discussions On Pakistan's Request For Climate Resilience Loan
Earlier Pakistan had requested USD 1 billion to address the impact of climate change.
Feb 24, 2025, 12:44 PM IST
IMF Approves Reviews For Kenya To Receive 606 Million USD
The funds will support Kenya's efforts to rebuild fiscal and external buffers as well as enhance resilience to climate shocks, the IMF said in a statement issued Wednesday evening.
Oct 31, 2024, 20:06 PM IST
Pakistan Staring At Bankruptcy Like Situation? Country's Financial Conditions May Turn Worst: Report
Pakistan's Deputy Finance Minister Ali Pervaiz Malik on Thursday revealed that in the coming four years, Pakistan will have to repay USD 100 billion to external moneylenders.
Sep 20, 2024, 21:34 PM IST
IMF Backs Modi Government's Economic Policies; Expects India To Rev Up Global Growth As China Falters
The IMF’s World Economic Outlook report, released on Tuesday, has not only raised India's growth forecast by 0.3 percentage points to 6.8 per cent for 2024-25 but also sees the country as a bright spot "supporting global growth over the medium term and spill over to other countries".
Apr 18, 2024, 08:33 AM IST
How much impact will Iran-Israel war have on International markets?
Iran Attack on Israel: Signs of weakness are being seen in markets around the world due to the fear of increasing tension between Iran and Israel.
Apr 15, 2024, 09:50 AM IST
Japan Loses Its Position As The World's Third-Largest Economy To Germany
For the latest October-December quarter, the Japanese economy shrank at an annual rate of 0.4 percent, and minus 0.1 percent from the previous quarter.
Feb 15, 2024, 15:19 PM IST
IMF Says Asia On Track To Again Deliver Two-Thirds To Global Growth In 2024
For 2023, IMF has estimated growth at 4.7 percent, compared to its 4.6 percent projection it had made in October.
Feb 02, 2024, 09:23 AM IST
Indian Economy To Grow At Around 6.5% In FY24: NITI Aayog Member Virmani
The International Monetary Fund (IMF) also lowered India's economic growth projection for the current fiscal to 5.9 percent from 6.1 percent earlier.
Apr 30, 2023, 16:06 PM IST
FM Sitharaman To Embark On US Tour From Today; To Attend WB Group, IMF Meets
FM will also be attending the G20 meetings and other associated meetings, which are scheduled to take place from April 10 to April 16.
Apr 10, 2023, 09:00 AM IST
Cash-Strapped Pakistan Fail To Strike Deal With IMF On Bailout Package As 'Painful' Reforms Awaited
Pakistan inked a USD 6 billion IMF programme in 2019, which last year expanded to USD 7 billion.
Mar 10, 2023, 09:51 AM IST
Take steps to function as a country: IMF tells cash-starved Pakistan
The IMF chief's statement came days after the two sides concluded the ninth review of the USD 6.5 billion bailout package without a staff-level agreement after 10 days of talks. However, both sides agreed to a set of measures that could still help clinch the deal.
Feb 20, 2023, 12:32 PM IST
'Treatment of Cancer With Aspirin': Imran Khan's Dig at IMF Loan Deal Amid Pakistan's Economic Crisis
Former Pakistan Prime Minister Imran Khan said that Pakistan is plunging into a financial crisis and more chaos like Sri Lanka is expected.
Feb 17, 2023, 13:42 PM IST