Explained: India’s abstention during IMF vote on Pakistan loan

Explained: India's abstention during IMF vote on Pakistan loan

Follow Us on Google News New Delhi, May 10 (IANS) India on Friday strongly opposed further financial assistance from the International Monetary Fund (IMF) to Pakistan at its executive board meeting in Washington, DC. The IMF Executive Board consists of 25 Directors who represent member countries or groups of countries. It handles daily operational matters, … Read more

India opposes IMF lifeline for Pakistan due to terror financing risk

India opposes IMF lifeline for Pakistan due to terror financing risk

Follow Us on Google News New Delhi, May 9 (IANS) India strongly opposed further financial assistance from the IMF to Pakistan at the executive board meeting held on Friday, expressing serious concerns over Islamabad’s track record and the fact that the bailouts were enabling the cash-strapped country to sponsor cross-border terrorism. India abstained from voting … Read more

Country that openly shelters terrorists should not receive IMF funding: Pawan Khera

Country that openly shelters terrorists should not receive IMF funding: Pawan Khera

Follow Us on Google News New Delhi, May 9 (IANS) Congress leader Pawan Khera has strongly called on the Indian government to oppose any fresh financial assistance from the International Monetary Fund (IMF) to Pakistan, citing its continued support to terrorism. Speaking to IANS on Friday, Khera said, “We had already made this demand ten … Read more

India to flag Pakistan’s terror record at IMF loan meeting

India to flag Pakistan’s terror record at IMF loan meeting

Follow Us on Google News New Delhi, May 9 (IANS) India will oppose Pakistan’s case for availing a fresh $1.3 billion IMF loan at an executive board meeting of the multilateral institution to be held on Friday. Foreign Secretary Misri confirmed that India’s executive director, Parameswaran Iyer, will participate in the upcoming IMF board meeting … Read more

India to present its case today before IMF to review bailout package to Pakistan

India to present its case today before IMF to review bailout package to Pakistan

Follow Us on Google News New Delhi, May 9 (IANS) India will put forward the country’s position at a board meeting of the International Monetary Fund in Washington on Friday, Foreign Secretary Vikram Misri said in response to a query on New Delhi asking for a review of loans to Pakistan. Foreign Secretary Misri said … Read more

India poised to replace Japan as world’s 4th-largest economy this year: IMF

India poised to replace Japan as world’s 4th-largest economy this year: IMF

Follow Us on Google News New Delhi, May 6 (IANS) India is poised to become the world’s fourth-largest economy in 2025 with the country’s nominal GDP rising to $4,187.017 billion during the year to surpass Japan’s GDP pegged at $4,186.431 billion, according to the IMF’s World Economic Outlook report. According to the report, India continues … Read more

Iyer to represent India on IMF Board at key meet on Pakistan loan

Iyer to represent India on IMF Board at key meet on Pakistan loan

Follow Us on Google News New Delhi, May 5 (IANS) The Government has asked Parameswaran Iyer, Executive Director at the World Bank, to temporarily take up the additional responsibility as India’s nominee director on the IMF Board, ahead of the crucial meeting on May 9 to consider Pakistan’s case for a loan from the multilateral … Read more

Invest in a growing India’s corporate leaders with Bajaj Finserv Nifty 50 Index Fund

The volatility in the stock market has caused jitters among investors. However, investment opportunities can often be found even in seemingly unfavourable times.   Bajaj Finserv AMC has launched the Bajaj Finserv Nifty 50 Index Fund   The latest market correction, for instance, … Read more

IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman

IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman

Follow Us on Google News San Francisco, April 21 (IANS) Finance Minister Niramala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the “visionary leadership” of Prime Minister Narendra Modi and the stability provided by a continuing government. Addressing the Indian diaspora in the US, the Finance Minister said, “When we … Read more