IMF's Gopinath wants govt to conduct cost-benefit analysis of PLI scheme
India has grown well in terms of its overall growth rate, and at 7 per cent, it is the fastest growing major economy in the world, she said
Addressing an event here, Gopinath further said that India will be required to reduce import tariffs if it wants to be an important player in the global supply chains
India's growth was much better than IMF expectations the last fiscal year and those carryover effects are affecting our forecast for this year, said Gita Gopinath
Georgieva, 70, led IMF's efforts to aid indebted countries through pandemic and has warned about the global economic impact of trade fragmentation caused by worsening US-China relations
IMF Chief Kristalina Georgieva on Thursday said interest rates should keep falling in 2024 but cautioned that there is no room for any policy error as the last mile is "very, very tricky"
Speaking at a session during the World Economic Forum Annual Meeting 2024 here, Gopinath dismissed the market bets for a cut in interest rates as premature
Debt levels are at record high levels at the same time that we're in this higher-for-longer interest-rate environment, said Gita Gopinath, No 2 official at IMF
It's a bit early to know the full implications of the conflict, and much will depend on whether it draws in other countries, Gita Gopinath said
IMF's deputy managing director Gita Gopinath shared a photo with Prime Minister Narendra Modi and complimented him on successfully hosting the G20 Summit
Modi thanked Gopinath "for the kind words"
She said central banks should be more willing to tolerate inflation below target at a time when unemployment is already low
Union Finance Minister Nirmala Sitharaman had a meeting with Gita Gopinath, the First Deputy Managing Director of the IMF, during which they discussed debt vulnerabilities and other issues
On what needs to change, she said for the countries to manage such a difficult trade-off right, fiscal policy has to play a role
IMF Deputy Managing Director Gita Gopinath has cautioned that India needs to work on labour markets and land, even as she hailed the country for doing better than many global economies
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Throwing light on the recent crypto meltdown, she said it was clear that internationally agreed standards of regulations had become necessary
Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said
"I would say at 3.6 per cent there is a buffer," she said, conceding, however, that risks are uneven around the world
Financial sanctions imposed on Russia threaten to gradually dilute the dominance of the U.S. dollar and could result in a more fragmented international monetary system, IMF's Gita Gopinath said