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August 29, 2025, 11:21 AM - 2 min read
Patel had taken over as 24th Governor of Reserve Bank of India (RBI) on September 4, 2016
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July 2, 2025, 05:46 PM - 2 min read
The International Monetary Fund (IMF) completed its fourth review of Sri Lanka’s bailout programme; to release almost $350 million tranche from the four-year facility
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May 25, 2025, 09:36 AM - 4 min read
India has emerged as the world’s fourth-largest economy, surpassing Japan with a GDP of USD 4 trillion, according to IMF data. NITI Aayog CEO B.V.R. Subrahmanyam announced the milestone, noting India could soon become the third-largest economy if current reforms stay on course.
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May 18, 2025, 03:28 PM - 5 min read
The latest conditions include the parliamentary approval of a new ₹17.6 trillion budget, an increase in the debt servicing surcharge on electricity bills and lifting restrictions on import of more than three-year-old used cars.
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May 8, 2025, 02:18 PM - 3 min read
In its statement following the attack, an IMF spokesperson expressed concern over the deteriorating situation between South Asian neighbours.
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April 6, 2025, 10:31 AM - 3 min read
India’s foreign exchange reserves saw a robust surge of USD 6.6 billion, reaching USD 665.396 billion in the week ending March 28, as per RBI data. This marks the sharpest weekly increase in nearly five months and the fourth consecutive week of gains, signalling renewed investor confidence.
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March 26, 2025, 10:29 AM - 2 min read
India's GDP has doubled in the past decade, reaching USD 4.27 trillion by 2025, according to the IMF. The country remains one of the fastest-growing economies, with inflation and public debt as key challenges.
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December 5, 2024, 10:08 PM - 2 min read
India added 27 tonnes of gold in October, bringing its total gold purchases to 77 tonnes from January to October, according WGC data based on reported monthly data from the International Monetary Fund (IMF).
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September 26, 2024, 04:40 PM - 2 min read
The International Monetary Fund approved a USD 7 billion Extended Fund Facility for Pakistan, with the first tranche of USD 1.1 billion expected by September 30, 2024, providing critical financial support as the country undertakes economic reforms to stabilise its struggling economy.
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July 13, 2024, 03:35 PM - 2 min read
The Washington-based international lender in a statement said the deal should enable Pakistan to “cement macroeconomic stability and create conditions for stronger, more inclusive and resilient growth”.
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May 9, 2024, 01:09 PM - 2 min read
"The COVID-19 pandemic, coupled with Russia's invasion of Ukraine, has prompted nations to reassess their trading partners with a focus on both economic and national security considerations. This reevaluation has led to a redirection of foreign direct investment flows along geopolitical lines" , Gita said.
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May 8, 2024, 12:17 PM - 2 min read
Baluchistan, the area most impacted by smuggling, is already dealing with a deadly separatist rebellion and tremendous poverty. Baluchistan remains one of the most insurgency-affected provinces of Pakistan; this booming informal economy poses a threat not only to Pakistan but to neighbouring countries as well.
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