Hyperinflation with shortages of essentials and fuel led to street riots which triggered political changes at top, including resignation of president Gotabaya Rajapaksa in early July...

India’s economic recovery is uneven...

The estimate of the global growth rate for 2023 has been revised downwards, once again...

Finance minister asserts that fundamentals of Indian economy are strong and that inflation is low compared to other parts of the world...

We have to envisage the maximum amount of stress and do our best, says Shaktikanta Das...

Sri Lanka is nearly bankrupt and has suspended repaying its USD 51 billion foreign debt of which it must repay USD 28 billion by 2027...

Would love to bring the inflation further below six per cent, and the government is making efforts for it, says Nirmala Sitharaman...

India's foreign exchange reserves at $537.5 billion as on September 23, 2022, compare favourably with most peer economies, says Union finance minister at IMF meet...

Paolo Mauro also lauded the use of the unique identification system — Aadhaar...

The growth was slowing across many parts of the world even as inflation is rising: IMF Director of Asia and Pacific Department...