IMF

Climate Action Network seeks climate justice for Africa at CoP 27

Climate Action Network seeks climate justice for Africa at CoP 27

October 17, 2022

One of the most divisive issues that is set to dominate the discussions when global leaders assemble in the Egyptian Red Sea resort town of Sharm El Sheikh would be climate finance. For over a decade, the rich world, that has been responsible for an overwhelming proportion of tot...

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Developing countries ignoring cryptocurrency at their own risk: UN

Developing countries ignoring cryptocurrency at their own risk: UN

August 17, 2022

Despite the warnings by the Reserve Bank of India about cryptocurrencies and the ambivalent response of the Indian government towards cryptocurrencies, a large number of Indians have already acquired these digital assets, says a report by the United Nations. The United Nations Co...

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GDP growth data hides deep potholes on road to recovery

GDP growth data hides deep potholes on road to recovery

December 1, 2021

The growth in Indian economy in the second quarter of the current year was more or less as per expectation of analysts. With 8.4 pc growth in the quarter ending September 30, added to the 20.1 pc growth registered in first quarter of the fiscal year, Indian Gross Domestic Product...

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India on the backfoot at WEF 2020 in Davos

India on the backfoot at WEF 2020 in Davos

January 29, 2020

At the recently concluded Annual Meeting of the World Economic Forum in Davos, the usual star of the show, India, was on the defensive, unlike the previous years and notably in 2018 when Prime Minister Narendra Modi gave the plenary speech, becoming the first Indian leader to del...

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IMF appoints Gita Gopinath as the first woman chief economist

IMF appoints Gita Gopinath as the first woman chief economist

October 4, 2018

Born and brought up in India, Gita Gopinath is a tenured professor at Harvard University's department of economics. She has published close to 40 research works and was chosen as a Young Global Leader by the World Economic Forum in 2011.

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BRICS -Missing the mortar for a strong edifice

BRICS -Missing the mortar for a strong edifice

August 8, 2018

The recently concluded 10th BRICS summit in Johannesburg struck all the right notes expected from a gathering of global leaders. But 15 years after it was first talked of as a bloc, has BRICS under-delivered on its promise?

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Jacob Frenkel

Jacob Frenkel

May 31, 2018

Jacob Frenkel, chairman, J P Morgan Chase International, spoke to Biz@India about the fair trade policies, the world economy in 2018 and the importance of social security. What do you make of the world in 2018? Well, the world in 2018 was analysed very well by International Monet...

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Indian economy overtakes British: Another Take

Indian economy overtakes British: Another Take

December 22, 2016

Forbes magazine has caused a frenzy by reporting that the Indian economy has grown a notch, leaving the United Kingdom behind in its wake. While the Indian press has vivaciously welcomed the report, it might be a tad early to reach conclusions.

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Demonetisation of currency bills causes chaos within India and beyond

Demonetisation of currency bills causes chaos within India and beyond

November 11, 2016

The sudden announcement by Indian Prime Minister Narendra Modi on the new measure of demonetisation to deal with black money and fake currency bills has left the country divided.

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BRICS 2016 Summit sees modest results

BRICS 2016 Summit sees modest results

October 18, 2016

The 8th BRICS (Brazil, Russia, India, China, South Africa) summit, organised this weekend in Goa, India, has not recorded any significant results in order to develop the political and economic cohesion of this group of countries that is still very disparate and often having diver...

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Urjit Patel appointed India’s new Reserve Bank of India Governor

Urjit Patel appointed India’s new Reserve Bank of India Governor

August 22, 2016

The current #Deputy Governor of the #Reserve Bank of India (RBI), Urjit Patel, will become the 24th Governor of the Indian central bank on 4th September this year. He succeeds #Raghuram Rajan. His appointment will end two months’ speculation about Raghuram Rajan’s successor.

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Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?

Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?

June 27, 2016

After a series of tirades launched by Dr Subramanian Swamy, BJP Rajya Sabha (Upper House) member recently against him, Raghuram Rajan, the Governor of Reserve Bank of India decided not to seek a second term in office.

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