NAIROBI — The International Monetary Fund (IMF) said its executive board has approved the seventh and eighth reviews of Kenya’s program, allowing the East African...

NEW DELHI — Amid persistent foreign institutional investors (FII) selling and growing geopolitical tensions, India’s foreign exchange (forex) reserves saw a $2.163 billion drop to...

NEW DELHI — Amid growing geopolitical tensions and FII selling, India’s foreign exchange (forex) reserves dropped $10.746 billion to $690.43 billion for the week ended...

NEW DELHI — After Prime Minister Narendra Modi, during his Independence Day address to the nation, said the country is on its way to become...

RIO DE JANEIRO — Finance ministers and central bank presidents of the Group of Twenty (G20) concluded their third meeting in Rio de Janeiro, adopting...

MANILA — The Asian Development Bank (ADB) has kept India’s growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as...

MUMBAI — While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin...

The International Monetary Fund (IMF) has predicted that India may register higher GDP growth than expected if supplemented by strong domestic demand in FY 24....

ISLAMABAD — Pakistan’s crippling economy is in emergency need of another bailout plan from the IMF (International Monetary Fund) through its Extended Fund Facility (EFF)...

COLOMBO — The International Monetary Fund (IMF) announced on Thursday that it has reached a staff-level agreement with Sri Lanka to release the next tranche...