[ad_1] NEW DELHI: The IMF has raised its growth projections for India to 6.5% for the next financial year and 6.7% for the current fiscal year ending March, which are lower than government’s projections. India is expected to remain the fastest growing major economy, according to the latest World Economic Outlook.“India is one of the…
[ad_1] IMF’s overall inflation outlook remained unchanged at 5.8 per cent for 2024 Washington: The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 per cent, citing unexpected “resilience” in major advanced and emerging market economies around the world. The updated figure, released in the latest World Economic Outlook (WEO) report,…
[ad_1] “What joke?” asked Rahul. “How many engineers does it take to change a light bulb?” “How many?” “None, actually. They simply come together and define darkness as the new industry standard.” “That was in bad light Pooja,” replied Rahul. “You know, I also read a very interesting joke on Forbes.com: How many economists does…
[ad_1] There has been a lot of chatter about how the rise of artificial intelligence (AI) will severely impact a lot of jobs. Now, the International Monetary Fund is adding credence to those claims. In a blog post, Kristalina Georgieva, managing director, IMF, AI has captivated the world causing both “excitement and alarm” and that…
[ad_1] The IMF is due to publish updated economic forecasts later this month (File) Artificial intelligence poses risks to job security around the world but also offers a “tremendous opportunity” to boost flagging productivity levels and fuel global growth, the IMF chief told AFP. AI will affect 60 percent of jobs in advanced economies, the…
[ad_1] KARACHI: The International Monetary Fund (IMF) on Friday gave the green light for a loan of approximately $700 million to Pakistan as part of a $3 billion bailout package, the fund and the finance ministry announced on Thursday.This approval comes after the completion of the IMF’s first review of the program and the decision…
[ad_1] BENGALURU: India’s economy is projected to grow at 6.3% in the current fiscal year and the next, the International Monetary Fund (IMF) said late Monday, supported by macroeconomic and financial stability.The country’s digital public infrastructure and a strong government infrastructure program will continue to sustain growth, the IMF said in its Article IV consultation…
