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    imf

    The International Monetary Fund is an international organization headquartered in Washington, D.C., consisting of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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    Congress takes on Vijayan on data transfer to US firm
    Politics

    Congress takes on Vijayan on data transfer to US firm

    On Friday, it was the turn of former Kerala Chief Minister Oommen Chandy to take on his successor Pinarayi Vijayan on the data transfer of Covid-19 suspects to a US-based PR and marketing firm Sprinklr and termed it as very suspicious as it had no official clearance.

    RBI hints at further cut in interest rate to counter corona risks
    Business

    RBI hints at further cut in interest rate to counter corona risks

    The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19.

    Gold futures on MCX recede after touching record high
    Maharashtra

    Gold futures on MCX recede after touching record high

    Gold futures on the Multi-Commodity Exchange (MCX) reversed gains after touching its lifetime high level of Rs 46,785 per 10 gram earlier in the day.

    India's forex reserves declines by $902 mn
    Maharashtra

    India's forex reserves declines by $902 mn

    India's foreign exchange reserves declined by $902 million during the week ended April 3. According to the RBI's weekly statistical supplement, the overall forex reserves decreased to $474.66 billion from $475.56 billion reported for the week ended March 27.

    Sitharaman participates in 2nd virtual meeting of G-20 Finance Ministers
    National

    Sitharaman participates in 2nd virtual meeting of G-20 Finance Ministers

    Union Finance Minister Nirmala Sitharaman on Tuesday participated in the second virtual meeting of the G-20 Finance Ministers to coordinate efforts to deal with the coronavirus pandemic.

    G-20 countries to inject $ 5 trillion into global economy to counteract impact of COVID19
    International

    G-20 countries to inject $ 5 trillion into global economy to counteract impact of COVID19

    The G-20 countries on Thursday pledged to inject over USD 5 trillion into the global economy in a bid to counteract the social, economic, and financial impact of COVID 19 that has impacted people in at least 170 countries and caused over 21,400 deaths.

    IMF makes available $50 billion to help address coronavirus
    Business

    IMF makes available $50 billion to help address coronavirus

    The International Monetary Fund (IMF) is making available about 50 billion dollars through its rapid-disbursing emergency financing facilities for low income and emerging market countries that could potentially seek support to combat the spread of coronavirus.

    We have doubts on IMF projections: BJP's Gopal Krishna Agarwal
    National

    We have doubts on IMF projections: BJP's Gopal Krishna Agarwal

    After the International Monetary Fund (IMF) slashed India's growth rate to 4.8 per cent for 2019, which is expected to rise to 5.8 per cent in 2020, BJP leader Gopal Krishna Agarwal said that he has doubts on IMF projections.

    India's growth slowed sharply owing to stress in non-banking financial sector, weak rural income: IMF
    International

    India's growth slowed sharply owing to stress in non-banking financial sector, weak rural income: IMF

    The downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, notably India, which led to a reassessment of growth prospects over the next two years, said Gita Gopinath, Chief Economist, International Monetary Fund (IMF), here on Monday.

    IMF's Gopinath projects economic recovery for India in 2020-21
    Business

    IMF's Gopinath projects economic recovery for India in 2020-21

    The International Monetary Fund, which sharply cut India's growth rate, is projecting a recovery in 2020-21, the organisation's Chief Economist Gita Gopinath said on Monday.

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