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India came forward to help during tough times, says Sri Lankan Finance Minister
Semasinghe while appreciating the support of India in difficult times said that "India helped us to get a good rating from IMF and that told the world that Srilanka is back in business."
IMF Upgrades India’s Economic Forecast While China’s Recovery Slows Down
The IMF research indicated that emerging and developing economies, particularly those in Asia, will be the main forces behind global growth this year as established economies slow.
India’s Forex Reserves Up $2.4 bn To $596.1 bn
Gold reserves dropped by $324 million to $45.049 billion, the RBI said.
Indian Economy Is Firing On All Cylinders, Leaving Its Rivals In Dust
India has transformed in less than a decade' is spot on in its nuanced analysis of the Indian economy.
India, Sri Lanka Sign Agreement To Procure USD 1 Billion Credit Facility
Recently, Sri Lanka’s High Commissioner to India Milinda Moragoda had an interactive session with the New Delhi-based Trade Commissioners/ Commercial Diplomats concurrently accredited to Sri Lanka today at the High Commission premises.
Today IMF Considers India A Bright Spot In The Global Economy, Says PM Modi In Sydney
PM Modi also highlighted that forex reserves are scaling new heights. "You are well aware of India's FinTech revolution," he said.
IMF Rejected Cash-Strapped Pakistan Govt’s Claims of Meeting Loan Conditions
The IMF has rejected the cash-strapped Pakistani government's assertion that it has satisfied all requirements to reach an agreement with the international financial organisation to release funds under an already agreed-upon loan facility.
IMF Pins Hope On India For Global Economic Revival: Report
“We realised that 2020-2021 has been actually a lot better than we thought,” IMF economist Daniel Leigh said at a press briefing, responding to a question from the media query.
Tightening Monetary Policy: IMF Advises Asian Central Banks, Including RBI, to Stay Alert
IMF Urges Asian Central Banks, Including RBI, to Maintain Tight Monetary Policies
In FY23, India could post 7% growth.
India is expected to be the fastest-growing major economy in 2023, according to both the IMF and the World Bank.