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Monetary Developments Review

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After IMF, India to oppose World Bank's $20 bn loan to Pak

India will next month oppose the World Bank funding to Pakistan, just as it had done in the case of the International Monetary Fund, arguing that Islamabad had used such funds in the past to......

Pak gets $1 bn IMF loan despite India's strong objection

The International Monetary Fund has approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Facility. IMAGE: A Pakistan Ranger stands guard before......

Pak rebuilding destroyed terror camps with IMF aid: Rajnath

India on Friday called on the International Monetary Fund (IMF) to reconsider its $1-billion assistance to Pakistan, suggesting that Islamabad could use it for terror funding. IMAGE: Defence......

What assurance did Jaishankar give to Maldives

External Affairs Minister S Jaishankar on Sunday concluded a crucial visit to Male, assuring the country's top leadership that the Maldives remains an important partner of India in maintaining......

Do I have to sweep roads? Mamata pulls up MLAs, officials over poor amenities

Alleging that civic amenities almost everywhere in West Bengal have gone for a toss, Chief Minister Mamata Banerjee on Monday questioned the ministers, MLAs and bureaucrats whether they expect her......

RBI's Monetary Policy Committee sees scope for more rate cut

Even if the Reserve Bank of India’s Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact......

Public NBFCs eye Rs 24K cr via bonds

Ahead of the Reserve Bank of India’s (RBI’s) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) — the National Bank for......

Should India Retain The Inflation Targeting Regime?

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga. Illustration: Dominic Xavier/Rediff   Next......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

'Inflation-targeting worked, no major revamp required'

Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists......

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