Meet Gita Gopinath, IMF's new chief economist

She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan Alongside guiding Kerala Chief Minister Pinarayi Vijayan on economic policies, Gita......

Post demonetisation, IMF cuts India's growth to 6.6%

IMF said in 2017, India is likely to grow at the rate of 7.2 per cent instead of the earlier projected 7.6 per cent. The International Monetary Fund on Monday cut India's growth rate for the......

IMF chief economist lauds India, but flags NPAs as a challenge

Describing India as a "bright spot" in the complex set of economic forces, IMF chief economist Maurice Obstfeld today said rising NPAs in Indian public sector banks remain a challenge despite......

World is drowning in oil; US crude drops below $28

US commercial crude oil stocks were forecast to have risen by 3 million barrels last week Crude futures slumped again in early Asian trade on Wednesday, with US oil falling to its lowest since......