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Forex reserves cross $600 billion mark for first time
The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets
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India’s $3 trillion market capitalisation makes for a compelling global allocation
The paradox, if any, is not the brute force of these investments that have taken valuations higher, but the strengthening of the underlying companies
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India’s forex reserves near $600 billion, increase $563 million to $590.028 billion
Most of the reserves are usually held in US dollars given the currency’s importance in the international financial and trading system
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Covid crisis in India a warning of possible events in other low- and middle-income countries: IMF
The report said under the business-as-usual scenario, the vaccine coverage in India is expected to remain under 35% of the population by the end of 20
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China records 18.3% GDP growth in Jan-Mar, 2.97 million new jobs created
This is the highest quarterly growth rate since China first began publishing GDP data in 1993
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IMF lauds India’s policy innovations, payments systems progress
“We are in the technological revolution in payment space. And I think India has been path-breaking in many of these technologies and payment systems
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India needs to grow faster to make up for contraction during COVID-19 pandemic: IMF
IMF Deputy Chief Economist Petya Koeva Brooks said IMF welcomes the measures that were announced by the government during the Budget
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This IMF red flag may worry Indian investors
The International Monetary Fund (IMF), stated in a latest press briefing that the Covid-19 pandemic has hurt India and other emerging markets very har
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Hits and misses in IMF predictions about the Indian economy in the past four years
IMF's optimism is music to the ears of policymakers, especially when a second wave of the pandemic is threatening to sweep the country
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IMF projects India’s growth rate to jump to impressive 12.5% in 2021
The International Monetary Fund said the Indian economy is expected to grow by 6.9% in 2022
