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India Business News: India criticises IMF for claiming RBI excessively intervened in forex market; IMF reclassifies India's exchange rate regime; RBI disagrees; IMF report
To better withstand shocks, authorities must be considerably more focused on fostering resilience at all levels, IMF MD Kristalina Georgieva said.
India's fiscal response to COVID-19 last year prevented severe contraction: IMF official Gaspar stressed the importance of being ready to provide agile and flexible policy support as appropriate to respond to COVID-19 related developments Joe C Mathew | April 27, 2021 | Updated 14:28 IST Director of IMF's Fiscal Affairs Department Vitor Gaspar (Source: IMFBlog) India's fiscal response to the first wave of COVID-19 infections last year has found a taker in the International Monetary Fund (IMF). Speaking at a high-level roundtable organised by the IMF in association with the Centre for Social...
URL copied Innovative India must capture all segments of financial market to fuel growth: IMF India is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and institutions to make sure that every piece fits together like a puzzle to fuel growth in the country, according to a top IMF official. âThe goal is to have an economy and a financial system that can absorb shocks. ..Balance sheets can be better managed, Non-Performing Loans (NPLs) can be better managed,â...