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imf news

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Who is KV Subramanian, IMF Executive Director sacked by India?

Krishnamurthy V Subramanian served as the 17th and the youngest Chief Economic Advisor to Government of India from 2018-2021.
Updated on May 04, 2025 12:24 PM IST

IMF's Indian executive director fired six months before his term ends

Dr Krishnamurthy Subramaniam's term as the Indian executive director for the IMF was cut short by the Appointments Committee of the Cabinet.
Updated on May 04, 2025 11:29 AM IST

India looks to undercut Pakistan on world stage

India is working towards seeking global support as tensions with Pakistan continue to worse following the terror attack in Pahalgam.
Updated on May 03, 2025 04:43 AM IST

'PM Modi's leadership is making a difference': Nirmala Sitharaman in US

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman addresses the Indian diaspora during a gathering at the India Community Centre, in San Francisco.
Published on Apr 21, 2025 11:17 AM IST

IMF sees US-China trade grievances, welcomes India tariff cuts

IMF sees US-China trade grievances, welcomes India tariff cuts
Updated on Apr 17, 2025 11:53 PM IST

Gita Gopinath, husband Iqbal Dhaliwal host Vishu sadya at US home

Gita Gopinath took to X to share her Vishu celebration.
Updated on Apr 14, 2025 03:55 PM IST

84% returns! Pakistan stocks attract global investors: ‘Don’t have to stretch…'

Pakistan's stock market has surprised several people, attracting global investors
Updated on Feb 12, 2025 06:07 PM IST

White House band plays Om Jai Jagdish rendition on Diwali, Gita Gopinath reacts

Washington: First Deputy Managing Director of the IMF Gita Gopinath during Diwali festival celebrations at the White House, in Washington DC, USA.
Published on Oct 31, 2024 12:03 PM IST

Soft landing of global economy is increasingly a possibility: Sitharaman

Observing that better days are ahead primarily because of the coordinated action between countries and multilateral financial institutions, the finance minister at the same time sounded a note of caution that economies are not really picking up that much yet
Published on Oct 26, 2024 07:28 AM IST

IMF cuts penalty surcharge for world’s most indebted nations like Ukraine, Egypt

A participant stands near a logo of IMF at the International Monetary Fund-World Bank annual meeting at ,Bali, Indonesia.
Published on Oct 12, 2024 01:24 PM IST

IMF has a new demand for Pakistan which China will not like at all

Pakistan's plans to create industrial zones with tax breaks are challenged by the IMF, which seeks a level playing field for investments. This may impact efforts to draw Chinese industries amid ongoing development under the China-Pakistan Economic Corridor.
Published on Oct 11, 2024 11:13 AM IST

Pakistan cuts 150,000 government jobs. It's IMF's order

Pakistan will eliminate 150,000 government jobs and consolidate ministries as part of IMF-required reforms for a USD 7 billion loan. The finance minister highlighted a growing economy, increased foreign reserves, and a significant rise in new taxpayers.
Published on Sep 30, 2024 08:45 AM IST

IMF approves $7 billion loan as Pakistan faces economic losses

.Pakistan said it would have to go through "transitional pain" after the IMF agreed to a new relief package of $7 billion (Photo by Amna YASEEN / AFP)
Published on Sep 27, 2024 05:58 AM IST

HT This Day: September 17, 1992 — India seeks $5 billion loan from IMF

HT This Day: September 17, 1992 — India seeks $ 5 billion loan from IMF (HT)
Published on Sep 16, 2024 10:53 AM IST

Stocks and currencies muted; Nigeria, Mexico in focus

Stocks and currencies muted; Nigeria, Mexico in focus
Updated on Sep 11, 2024 03:17 PM IST

Revolution over, Dhaka seeks $8 billion from IMF, World Bank and ADB

Bangladesh interim government head Muhammad Yunus
Updated on Aug 29, 2024 01:15 PM IST

Skilled workforce must for a developed India: Gopinath

IMF deputy managing director Gita Gopinath (L) with NK Singh, chairman of 15th Finance Commission, at the diamond jubilee conference of Delhi School of Economics. (Delhi School of Economics)
Updated on Aug 18, 2024 07:20 AM IST

India's forex reserves drop by $4.8 billion to $670.11 billion

India's forex reserves dropped by USD 4.8 billion to USD 670.119 billion for the week ended August 9 (Representational Image)
Published on Aug 16, 2024 07:23 PM IST

Pakistan has paid over $3.5 billion in interest to IMF in 40 years

 A participant stands near a logo of IMF at the International Monetary Fund - World Bank annual meeting  in Nusa Dua, Bali, Indonesia.
Published on Aug 02, 2024 01:07 PM IST

World Bank approves $1 billion in financing for Ethiopia

World Bank approves $1 billion in financing for Ethiopia
Published on Jul 31, 2024 12:27 AM IST

Egypt unlocks $820 million in IMF funding after review

The IMF deal along with a mammoth United Arab Emirates investment are the cornerstones of a $57 billion global bailout for Egypt (Pixabay)
Published on Jul 30, 2024 03:16 PM IST

Ethiopia gets IMF relief after easing forex curbs

Ethiopia gets IMF relief after easing forex curbs
Published on Jul 30, 2024 03:19 AM IST

Fitch Upgrades Pakistan Credit Rating on Better External Funding

Fitch upgraded Pakistan to CCC+ from CCC, suggesting while the nation remains below investment grade, there is a lower chance of a default now. (Pixabay)
Published on Jul 29, 2024 07:08 PM IST

Ethiopia currency slides as central bank eases forex curbs

Ethiopia currency slides as central bank eases forex curbs
Updated on Jul 29, 2024 01:45 PM IST

Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework

Ukraine reaches preliminary deal with bondholder group on $20 bln debt rework
Updated on Jul 22, 2024 01:37 PM IST

From political fog, world growth doubts creep back in: Mike Dolan

From political fog, world growth doubts creep back in: Mike Dolan
Published on Jul 17, 2024 11:32 AM IST

Pakistan to receive yet another loan from the IMF, $7 billion this time

A participant stands near a logo of IMF at the International Monetary Fund - World Bank annual meeting in Bali, Indonesia (Reuters)
Published on Jul 13, 2024 05:31 PM IST

Pak Finance Minister Aurangzeb says new IMF deal to help country’s macroeconomic stability

Pak Finance Minister Aurangzeb says new IMF deal to help country’s macroeconomic stability
Published on Jul 13, 2024 02:42 PM IST

Pakistan has met all requirements for IMF bailout deal, finance official says

A dark street in a commercial area in Lahore, Pakistan.
Published on Jul 03, 2024 11:55 AM IST

Sri Lanka finalises debt restructure agreement with official creditor committee

A woman walks past posters pasted on a roadside wall saying 'good news' in Sinhala language, in Colombo on June 25, 2024, as President Ranil Wickremesinghe is expected to announce a debt restructure deal with bilateral lenders after a sovereign default in April 2022. (Ishara S.Kodikara / AFP)
Published on Jun 26, 2024 09:07 PM IST