News for 'Monetary Fund'

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com3 Feb 2015

Short-term lending rate unchanged at 7.75 pc.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Mar 2024

Stock markets would take cues from the biggest event of the week -- the US Fed interest rate decision, besides tracking the trends in global markets and trading activity of foreign investors, analysts said. Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated crude oil prices in the international market dented investors' sentiments. Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week.

Pak remains on global terror funding watchdog's grey list: Report

Pak remains on global terror funding watchdog's grey list: Report

Rediff.com5 Mar 2022

Pakistan has been on the grey list of the Paris-based Financial Action Task Force since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.

Forex reserves decline $77 mn to $635.83 bn

Forex reserves decline $77 mn to $635.83 bn

Rediff.com17 Dec 2021

Declining for the third consecutive week, India's forex reserves dipped by $77 million to reach $635.83 billion for the week ended December 10, RBI data showed on Friday. In the previous week, the reserves had slid by $1.78 billion to $635.90 billion. In the reporting week ended December 10, the dip in the forex kitty was on account of a decline in foreign currency assets (FCA), a major component of the overall reserves.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com5 Aug 2014

Next bi-monthly policy statement on September 30.

Rakesh Mohan tipped to be ED at the IMF

Rakesh Mohan tipped to be ED at the IMF

Rediff.com24 Sep 2012

Dr Mohan will be representing India along with Bangladesh, Bhutan and Sri Lanka on the 24-member Executive Board of the IMF.

Forex reserves fall $1.15 bn to $571.56 bn

Forex reserves fall $1.15 bn to $571.56 bn

Rediff.com29 Jul 2022

India's foreign exchange reserves declined $1.15 billion to $571.56 billion for the week ended July 22, according to RBI data. The reserves has been declining amid continuing volatility in the rupee which has also significantly depreciated against the US dollar. In the previous reporting week, the overall reserves had declined by $7.54 billion to $572.71 billion.

Forex reserves down by $2.03 bn to $617.648 bn

Forex reserves down by $2.03 bn to $617.648 bn

Rediff.com1 Apr 2022

Continuing their downward trajectory for the third consecutive week, the country's foreign exchange reserves declined by $2.03 billion to stand at $617.648 billion in the week ended March 25, RBI data showed on Friday. In the week ended March 18, the forex kitty had declined by $2.60 billion to $619.68 billion. It had plunged by $9.65 billion to $622.27 billion in the week ended March 11.

Forex reserves down $1.14 bn to $640.87 bn

Forex reserves down $1.14 bn to $640.87 bn

Rediff.com12 Nov 2021

India's forex reserves decreased by $1.145 billion to $640.874 billion for the week ended on November 5 on a fall in currency and gold assets, the Reserve Bank said on Friday. The overall reserves had increased by $1.919 billion to $642.019 billion for the previous reporting week. Foreign currency assets, a major part of the overall reserves, decreased by $881 million to $577.581 billion for the reporting week, the RBI said in the weekly data.

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

Rediff.com1 Jul 2024

The Delhi high court on Monday directed Trinamool Congress leader Saket Gokhale on Monday to apologise and pay Rs 50 lakh damages to former diplomat Lakshmi Murdeshwar Puri, wife of Union minister Hardeep Singh Puri, for his defamatory tweets against her over the purchase of a property in Switzerland.

RBI set to launch UPI-like unified lending platform

RBI set to launch UPI-like unified lending platform

Rediff.com27 Aug 2024

The Reserve Bank of India (RBI) will launch the Unified Lending Interface (ULI) nationwide in due course, aiming to transform India's lending sector, similar to how the Unified Payments Interface (UPI) revolutionised the payments ecosystem, Governor Shaktikanta Das said on Monday.

For What Duration Must I Invest?

For What Duration Must I Invest?

Rediff.com5 Apr 2024

Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.

Forex reserves fall $5.01 bn to $588.31 bn

Forex reserves fall $5.01 bn to $588.31 bn

Rediff.com8 Jul 2022

The country's foreign exchange reserves declined by $5.01 billion to $588.31 billion in the week ended July 1, according to RBI data released on Friday. In the previous week ended June 24, the reserves had increased by $2.73 billion to $593.32 billion. During the reporting week ended July 1, the fall in the foreign exchange reserves was due to a dip in Foreign Currency Assets (FCA), a major component of the overall reserves, and also in the gold reserves.

Forex reserves decline $9.65 bn to $622.27 bn

Forex reserves decline $9.65 bn to $622.27 bn

Rediff.com18 Mar 2022

The country's foreign exchange reserves declined $9.65 billion to $622.27 billion in the week ended March 11, according to the latest data from the RBI. In the previous week ended March 4, the reserves rose $394 million to $631.92 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves rise by $394 mn to $631.92 bn

Forex reserves rise by $394 mn to $631.92 bn

Rediff.com11 Mar 2022

The country's foreign exchange reserves increased by $394 million to $631.92 billion in the week ended March 4, the RBI data showed. In the previous week ended February 25, the reserves had declined by $1.425 billion to $631.527 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves jump by $2.76 bn to $632.95 bn

Forex reserves jump by $2.76 bn to $632.95 bn

Rediff.com25 Feb 2022

The country's foreign exchange reserves increased by $2.76 billion to $632.95 billion for the week ended February 18 on a healthy rise in the value of gold reserves and core currency assets, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $1.76 billion to $630.19 billion. During the reporting week, the rise in overall reserves was on account of an increase in the foreign currency assets (FCA), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves down by $1.76 bn to $630.19 bn

Forex reserves down by $1.76 bn to $630.19 bn

Rediff.com18 Feb 2022

The country's foreign exchange reserves declined by $1.76 billion to $630.19 billion in the week ended on February 11, the RBI data showed. In the previous week ended February 4, the reserves had risen by $2.2 billion to $631.95 billion. It touched a lifetime high of $642.45 billion in the week ended on September 3, 2021.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Forex reserves decline $1.78 bn to $635.91 bn

Forex reserves decline $1.78 bn to $635.91 bn

Rediff.com10 Dec 2021

India's foreign exchange reserves declined for the second consecutive week, ending $1.78 billion down at $635.91 billion for the week ended December 3, RBI data showed on Friday. In the previous week, the reserves had slid by $2.71 million to $637.68 billion. In the reporting week ended December 3, the dip in the forex kitty was mainly on account of a decline in foreign currency assets (FCA), a major component of the overall reserves.

Forex reserves rise to $631.95 bn

Forex reserves rise to $631.95 bn

Rediff.com11 Feb 2022

The country's foreign exchange reserves increased by $2.19 billion to $631.95 billion in the week ended February 4, RBI data showed. In the previous week ended January 28, the reserves had declined by $4.53 billion to $629.76 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

How To Make A Successful Retirement Plan

How To Make A Successful Retirement Plan

Rediff.com17 Jul 2024

Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.

Cash-strapped Pak sold weapons worth $364mn to Ukraine: Report

Cash-strapped Pak sold weapons worth $364mn to Ukraine: Report

Rediff.com14 Nov 2023

Citing details of the contract from the American Federal Procurement Data System, the BBC report claimed that Pakistan signed two contracts with American companies named "Global Military" and "Northrop Grumman" for the sale of 155mm shells.

Forex reserves down by $4.53 bn to $629.75 bn

Forex reserves down by $4.53 bn to $629.75 bn

Rediff.com4 Feb 2022

The country's foreign exchange reserves declined by $4.53 billion to stand at $629.75 billion in the week ended January 28, RBI data showed on Friday. In the previous week ended January 21, the reserves had decreased by $678 million to $634.29 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

India's forex kitty increases by $289 mn to $640.40 bn

India's forex kitty increases by $289 mn to $640.40 bn

Rediff.com26 Nov 2021

India's forex exchange reserves increased by $289 million to $640.401 billion for the week ended November 19, the Reserve Bank said on Friday. The overall reserves had declined by $763 million to $640.11 billion in the previous reporting week. They had touched a life time high of $642.45 billion in the week ended September 3, 2021.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.

Time to opt for shorter-duration funds

Time to opt for shorter-duration funds

Rediff.com19 Oct 2021

Select the exact category by matching your investment horizon to the portfolio duration, suggests Sanjay Kumar Singh.

Forex reserves fall to $634.29 bn

Forex reserves fall to $634.29 bn

Rediff.com28 Jan 2022

The country's foreign exchange reserves declined by $678 million to $634.29 billion in the week ended January 21, according to RBI data. In the previous week ended January 14, the reserves had increased by $2.23 billion to $634.96 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Midcap, smallcap indices have nearly doubled in 4 years'

Midcap, smallcap indices have nearly doubled in 4 years'

Rediff.com16 Feb 2024

'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'

IMF cautions India on govt debt vulnerabilities, Centre disagrees

IMF cautions India on govt debt vulnerabilities, Centre disagrees

Rediff.com27 Dec 2023

The International Monetary Fund (IMF) warned on Tuesday that India's general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic product (GDP) in the medium term. It also cautioned that long-term debt sustainability risks are high due to the significant investment required to meet India's climate change mitigation targets. The Indian government, however, disagreed, arguing that risks from sovereign debt are extremely limited as it is predominantly denominated in domestic currency.

Asia must be prepared for economic shocks: IMF

Asia must be prepared for economic shocks: IMF

Rediff.com12 Jul 2010

IMF managing director Dominique Strauss-Kahn said that many Asian economies are already unwinding stimulus measures.

Sex assault: Strauss-Kahn pleads not guilty

Sex assault: Strauss-Kahn pleads not guilty

Rediff.com6 Jun 2011

International Monetary Fund's former boss Dominique Strauss-Kahn on Monday pleaded not guilty in a brief court appearance to charges that he sexually assaulted a hotel maid here last month.

Forex reserves down by $878 mn to $632.736 bn

Forex reserves down by $878 mn to $632.736 bn

Rediff.com14 Jan 2022

The country's foreign exchange reserves declined by $878 million to stand at $632.74 billion in the week ended January 7, RBI data showed on Friday. In the previous week ended December 31, the reserves had dropped by $1.47 billion to $633.61 billion. It had touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Employment in India registered V-shaped recovery post-pandemic: Former CEA

Employment in India registered V-shaped recovery post-pandemic: Former CEA

Rediff.com21 Aug 2023

Employment in India saw a V-shaped recovery after being adversely impacted between April and June 2020 during the Covid lockdown and during April-June 2021, when the second wave struck, said Krishnamurthy V Subramanian, former chief economic advisor, in a paper released on Friday. Subramanian is now serving as executive director of the International Monetary Fund (IMF). From the official survey data of the National Sample Survey Organisation (NSSO), the paper titled 'Employment in India: Data Sources, Facts, and Trends' showed that both worker-population ratio (WPR) and labour force participation rate (LFPR) were higher, while the unemployment rate was lower during October-December 2022 when compared to the corresponding quarter in 2019.

Forex reserves down by $1.47 bn to $633.61 bn

Forex reserves down by $1.47 bn to $633.61 bn

Rediff.com7 Jan 2022

The country's foreign exchange reserves declined by $1.47 billion to $633.61 billion in the week ended December 31, RBI data showed. In the previous week ended December 24, the reserves dipped by $587 million to $635.08 billion. It touched a life-time high of $642.45 billion in the week ended September 3, 2021.

Forex reserves decrease by $587 mn to $635.08 bn

Forex reserves decrease by $587 mn to $635.08 bn

Rediff.com31 Dec 2021

India's forex reserves decreased by $587 million to $635.08 billion for the week ended December 24, the RBI said on Friday. In the previous week ended December 17, the overall reserves had decreased by $160 million to $635.67 billion. The kitty had touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

Forex reserves dip by $160 mn to $635.67 bn

Forex reserves dip by $160 mn to $635.67 bn

Rediff.com24 Dec 2021

The country's foreign exchange reserves declined by $160 million to stand at $635.667 billion in the week to December 17, RBI data showed on Friday. In the previous week ended December 10, the reserves had decreased by $77 million to $635.828 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

IMF adds Tuvalu as 187th member

IMF adds Tuvalu as 187th member

Rediff.com25 Jun 2010

The International Monetary Fund has added island nation Tuvalu located in the Pacific Ocean between Hawaii and Australia as its 187th member.

IMF completes 403.3 tonnes gold sale

IMF completes 403.3 tonnes gold sale

Rediff.com22 Dec 2010

International Monetary Fund has completed the sale of 403.3 tonnes of gold, as part of its two-year efforts to bolster the lender's finances that also saw India's central bank purchasing 200 tonnes of the precious metal last year.