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India may gain from trade restrictions against China says IMF Chief Economist
The US and EU recently announced higher import duties on some Chinese products and FDI from China is already facing heightened scrutiny in several parts of the world.Read more
IMF projects 6.3% growth for India despite inflation challenges
Contrary to the Reserve Bank of India's (RBI) forecast of 7%, the IMF's growth projection for the ongoing financial year, concluding on March 31, 2024, is slightly lower.Read more
India's growing economy set to outpace China temporarily: IMF
According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more
HSBC Report: India's economic surge not enough to overtake China's dominance
Economists Frederic Neumann and Justin Feng argue that India currently operates on a limited scale, while China's economic magnitude is too substantial to be easily surpassed on the world stage.Read more
India positioned as global leader in clean energy supply chain diversification
Nirmala Sitharaman highlighted India's robust climate initiatives outlined in its Nationally Determined Contributions (NDCs) speaking at the launch of the 'Partnership for Resilient and Inclusive Supply-chain Enhancement' during the World Bank-IMF Annual Read more
IMF: India's projected growth rate is 4.1 per cent higher than that for China
These numbers precede the current wave of the virus, which is quite concerning.Read more
Move up the value chain to boost exports
In September, India’s merchandise exports fell by 6.6 per cent (year-on-year) to $26 billion, the third contraction in six months, reflecting the impact of external headwinds. Exports during this fiscal have fallen 2.5 per cent to $159.6 billion.Read more