A torrent of bad news, dismal data and dire forecasts continue to mock the Narendra Modi government’s increasingly feeble assertions that it has a grip on the Covid-19 crisis. The World Bank has now...

When Phil Knight was casting around for a logo that would encapsulate the virtues of the sports shoes he was designing in the early 1970s, Carolyn Davidson etched one for him: ‘The Swoosh’. Legend...

The International Monetary Fund has projected a global recession in its April 14 World Economic Outlook, saying that the Covid-19 crisis is like no other and that the world economy is set to experienc...

The latest forecasts made by the International Monetary Fund on world economic growth show a sharp reduction in the estimates. Global economic growth has been pruned from 2.9 per cent made last Octobe...

India’s finance minister said on Thursday the country could not support a general allocation of the new special drawing rights by the International Monetary Fund because it might not be effective in...

Strongly supporting India's policy response to the coronavirus pandemic, including the fiscal stimulus package and the nationwide lockdown, a top IMF official has said that the unprecedented crisis ha...

Global stocks and oil prices tumbled on Wednesday after the International Monetary Fund said the world’s economy will suffer its worst year since the Great Depression of the 1930s because of the cor...

Former chief economic adviser Arvind Subramanian on Wednesday said the GDP numbers being projected by the World Bank and IMF for India are far “too optimistic” and the country would require additi...

The “Great Lockdown, as one might call it, is projected to shrink global growth dramatically”, the International Monetary Fund (IMF) declared on Tuesday.India and China are the only two significan...

The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s with over 170 countries likely to experience negative per capita income growth due to the raging coron...