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IMF

Sluggish progress on climate finance at World Bank, IMF meetings

by Milton Acorn
Sluggish progress on climate finance at World Bank, IMF meetings

NEW DELHI: The annual World Bank and IMF meetings have wrapped up without a concrete plan to mobilise the trillions of dollars needed to fight climate change, in a year …

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Categories Science

40% of global jobs face risks from AI but it’s lower in India, other emerging economies — IMF

by Ev Richard
40% of global jobs face risks from AI but it’s lower in India, other emerging economies — IMF

New Delhi: Artificial intelligence (AI), which is expected to boost productivity across sectors, could also replace jobs and deepen inequality, according to a new report by the International Monetary Fund …

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Categories Technology

IMF says AI may affect 40% of jobs in the world

by Ev Richard
IMF says AI may affect 40% of jobs in the world

There has been a lot of chatter about how the rise of artificial intelligence (AI) will severely impact a lot of jobs. Now, the International Monetary Fund is adding credence …

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Categories Technology

World economy ‘limping’, IMF says amid uncertainty after Israel attack – National

by James Odonell
World economy ‘limping’, IMF says amid uncertainty after Israel attack – National

The world economy has lost momentum from the impact of higher interest rates, the invasion of Ukraine and widening geopolitical rifts, and it now faces new uncertainty from the war …

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Categories Politics

Explained: What lies ahead for Pakistan as it heads to polls

by Adrian Jhonsan
Explained: What lies ahead for Pakistan as it heads to polls

NEW DELHI: Senator Anwaar-ul-Haq Kakar on Saturday was selected to serve as the interim Prime Minister of Pakistan, tasked with leading the cash-trapped nation and supervising the upcoming general elections …

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Categories World

SBI Research projects India to become the world’s third-largest economy by FY28

by Craig Fedirighi
SBI Research projects India to become the world’s third-largest economy by FY28

New Delhi: India will become the third largest economy by FY28, two years earlier than projected, said SBI Research economists in a note on Thursday. “The Indian economy continues to …

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Categories Business

IMF advises BOJ to shift focus from yield control and get ready for future tightening measures

by Craig Fedirighi
IMF advises BOJ to shift focus from yield control and get ready for future tightening measures

TOKYO/WASHINGTON – The Bank of Japan should start preparing for future monetary tightening by moving away from its yield control policy, the International Monetary Fund’s chief economist Pierre-Olivier Gourinchas said …

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Categories Business

IMF Adjusts India’s GDP Growth Projection to 6.1% for FY24

by Craig Fedirighi
IMF Adjusts India’s GDP Growth Projection to 6.1% for FY24

NEW DELHI: The International Monetary Fund (IMF) on Tuesday slightly upgraded its global growth outlook for this year on Tuesday, attributing it to resilient economic activity in the first quarter. …

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Categories Business

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