Tag: economy
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IMF Insights: India’s Path from Growth to Sustainable Prosperity
India Has the Growth. Now Comes the Hard Part. IMF’s Nigel Clarke sees India powering the next wave of global growth—but the real test will be productivity, skills, technology and inclusion. India has won the growth race. The harder race is only beginning. That is the significance of International Monetary Fund Deputy Managing Director Nigel…
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BRICS 20 Years: Can India Drive Greater Global Influence?
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BRICS at 20: Can New Delhi Turn a Bigger Bloc Into a Stronger Voice? At its 18th summit in New Delhi, an expanded BRICS confronts the central question of its second decade: can a diverse coalition of emerging powers convert economic weight into political influence—and cooperation into results? BRICS has never lacked ambition. Its harder…
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Global Economic Turmoil: IMF, IEA, and World Bank’s Stark Warning
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Shockwaves Without Borders: The IMF–IEA–World Bank Warning the World Can’t Ignore April 2026 may well be remembered not just for a war, but for the global system stress test it has triggered. Washington DC: The Heads of the International Monetary Fund, the International Energy Agency, and the World Bank Group met today and issued a…
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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
The World Intellectual Property Organization’s (WIPO) Global Innovation Index (GII) 2025 report, titled “Innovation at a Crossroads,” emphasizes a period of reassessment for global innovation. 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…
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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
FORTUNE has announced the 2025 FORTUNE GLOBAL 500 list. – 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…
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IMF’s Gita Gopinath Returns to Harvard as Economics Professor
Gita Gopinath, the First Deputy Managing Director, will leave the IMF to return to the Harvard Faculty of Economics. 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…
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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…
