Tag: economy
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IMF Projects India as Fastest-Growing Economy
India Emerges as Global Growth Engine: IMF’s 2026 Outlook A World Economy Resilient, Yet Uneasy The IMF’s January 2026 World Economic Outlook paints a picture of resilience amid turbulence. Global growth is projected at 3.3%, unchanged from 2025 but stronger than feared just months ago. The driver? A surge in investment in artificial intelligence and digital…
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Davos 2026: Leaders Unite for Trust and Cooperation
World Economic Forum 2026: Rekindling Global Trust Through a Spirit of Dialogue By CitiTimes Editorial Desk From January 19 to 23, 2026, the alpine town of Davos-Klosters in Switzerland will once again become the epicentre of global decision-making as the World Economic Forum convenes its 56th Annual Meeting. At a time marked by geopolitical tensions,…
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IMF Recognizes UPI as Top Global Payment System
By CitiTimes Editorial Desk New Delhi, India, December 9, 2025 — The Ministry of Finance, Government of India, has informed the Lok Sabha that the International Monetary Fund (IMF) has officially recognised India’s Unified Payments Interface (UPI) as the world’s largest real-time retail payment system by transaction volume, marking a watershed moment for India’s digital…
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IMF Report: India’s Resilient Economy in 2025
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IMF Praises India’s “Strong, Resilient” Economy By CitiTimes Editorial Desk Washington, DC, November 28, 2025 The IMF’s latest review, published on November 26, 2025, highlights India’s robust growth, progress on labour reforms, and the global risks ahead — a simple breakdown of what it means for policymakers, investors, and citizens. What is an IMF Article…
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UNCTAD 16: Future of Global Trade and Sustainable Development
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UNCTAD 16: Shaping the Future of Global Trade and Development Geneva, Switzerland, October 23, 2025 — The 16th United Nations Conference on Trade and Development (UNCTAD16) commenced in Geneva with the theme “Shaping the future: Driving economic transformation for equitable, inclusive, and sustainable development.” The four-day conference, scheduled from October 20 to 23, brought together…
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IMF Strategies for a Changing World
Building Resilience in an Uncertain World: IMF Managing Director Kristalina Georgieva at the 2025 IMF & World Bank Annual Meetings Washington, DC, October 21, 2025 — On October 17, 2025, IMF Managing Director Kristalina Georgieva delivered her speech at the Annual Meetings Plenary. In an era increasingly characterized by unpredictable fluctuations, the leading official of…
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RBI Governor Malhotra: A Confident Outlook for India
RBI Governor Sanjay Malhotra at the IMF Annual Meetings: India’s Resilient Position in an Uncertain World When central bankers and finance ministers gather in Washington, D.C., each October for the Annual Meetings of the International Monetary Fund (IMF) and the World Bank, the world pays close attention. These meetings involve more than just charts, forecasts,…
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IMF Raises India’s GDP Growth Forecast to 6.6% for 2025-2026
The International Monetary Fund (IMF) has released its Global Financial Stability Report The IMF has raised its forecast for India’s GDP growth to 6.6% for the fiscal year 2025-2026. Washington, DC, October 14, 2025 — The International Monetary Fund (IMF) has raised India’s GDP growth forecast for the current fiscal year to 6.6 percent, up…
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RBI Governor to Feature at IMF and World Bank Annual Meetings 2025
Governor of the Reserve Bank of India to Speak at “Governor Talks” During the IMF and World Bank Annual Meetings. On October 15, 2025, the Governor of the Reserve Bank of India will prominently feature in the prestigious “Governor Talks” session during the Annual Meetings of the International Monetary Fund (IMF) and the World Bank…
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India’s Role in Global Growth Highlighted at 2025 IMF Meetings
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Kristalina Georgieva, the Managing Director of the IMF, delivered the opening speech for the 2025 IMF-World Bank Annual Meetings on October 8, 2025. ENLARGE THE ABOVE PHOTO Kristalina Georgieva delivered her opening speech at the 2025 IMF-World Bank Annual Meetings, focusing on global economic resilience, debt sustainability, and the urgent need for multilateral cooperation to…
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India’s Rise in the Global Innovation Index 2025
Key Insights and Highlights from the Report Global Rankings – Top 5 Innovators: For the 15th consecutive year, Switzerland ranks first, followed by Sweden in second, the United States in third, the Republic of Korea in fourth, and Singapore in fifth. – New Entrants and Rising Stars: China has entered the top 10 for the…
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Modi and Xi Strengthen India-China Relations at SCO Summit
Prime Minister Modi met with Chinese President Xi Jinping. New Delhi, India, August 31, 2025 — Today, Prime Minister Narendra Modi of India met with Xi Jinping, President of the People’s Republic of China, during the Shanghai Cooperation Organization (SCO) leaders’ summit in Tianjin. Both leaders expressed their satisfaction with the positive momentum and steady…
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IMF Forecast: India to Achieve 6.4% Growth Rate in Upcoming Years
The IMF projects that India will achieve a robust growth rate of 6.4% in both 2025 and 2026, driven by strong economic reforms that ensure stability. WASHINGTON, DC, August 5, 2025 — India is set to achieve a robust growth rate of 6.4 percent in the fiscal years 2025 and 2026. This impressive trajectory is…
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Tariffs, Trade, and Growth: Insights from IMF’s Latest Forecast
The IMF has released its World Economic Outlook Update for July 2025. Washington, DC, July 29, 2025 — Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department at the IMF, made the following remarks on the July 2025 IMF World Economic Outlook Update. According to the IMF, the global economy is facing a tenuous…
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Women CEOs in Fortune Global 500: A Record 33
– Walmart has retained its position as the number one retailer for the twelfth consecutive year. – The United States continues to lead over Greater China in terms of the number of companies represented. – A record 33 women are serving as CEOs of Fortune Global 500 companies, representing 6.6% of the total. – The…
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IMF’s Gita Gopinath Returns to Harvard as Economics Professor
Washington, DC, July 22, 2025 — Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today that Gita Gopinath, First Deputy Managing Director, will leave the Fund at the end of August to return to Harvard University. There, she will assume the role of inaugural Gregory and Ania Coffey Professor of Economics in…
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Modi Advocates for Global Governance Reform at BRICS 2025
Prime Minister Modi attended the 17th BRICS Summit held in Rio de Janeiro, Brazil. New Delhi, India, July 7, 2025 — Prime Minister Narendra Modi participated in the 17th BRICS Summit held in Rio de Janeiro, Brazil, on July 6-7, 2025. During the Summit, the leaders engaged in productive discussions on various topics on the…
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President of India Inspires Future Cost Accountants
The President of India graces the National Students’ Convocation at the Institute of Cost Accountants of India. New Delhi, India, June 23, 2025 — The President of India, Draupadi Murmu, graced the National Students’ Convocation of the Institute of Cost Accountants of India in New Delhi today (June 23, 2025). In her speech, she highlighted…
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IMF Spring Meetings 2025: Global Financial Stability at Stake
The International Monetary and Finance Committee (IMFC) of the International Monetary Fund (IMF) met in Washington, DC. Washington, DC, April 28, 2025 — The International Monetary and Finance Committee (IMFC) of the IMF acknowledged significant uncertainty in trade and finance. However, they commended the co-operation among member countries on various agenda items during the Spring…
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IMF April 2025 Report: Global Financial Stability at Risk
The IMF has released its April 2025 Global Financial Stability Report. Washington, DC, April 22, 2025 — According to the International Monetary Fund (IMF), global banking and financial markets are currently experiencing low volatility as central banks have begun to ease interest rates after successfully aligning inflation levels with their targeted objectives. However, the IMF…
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