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IMF raises India’s FY26 GDP forecast to 6.6%, citing strong Q1 performance and resilient consumption

IMF raises India’s FY26 growth forecast to 6.6% despite US tariff impact

PGurus Newsdesk - 0
India remains global growth engine as GDP forecast rises to 6.6% The International Monetary Fund (IMF) on Tuesday raised India’s GDP growth forecast for 2025–26...
De-dollarization poses uneven risks across the US—while the nation faces higher borrowing costs and reduced global leverage, Houston’s energy sector confronts direct disruptions in oil pricing, trade, and financial operations

Houston, the petrodollar, and de-dollarization: A clear analysis

Team PGurus - 0
Understanding the petrodollar system The term “petrodollar” refers to US dollars earned by oil-exporting nations through the sale of oil. The petrodollar system is not...
Pakistan: A Bottomless Pit of Terror - Fed by the IMF?

Pakistan: A Bottomless Pit of Terror – Fed by the IMF?

Sahil Mishra - 1
For decades, the International Monetary Fund (IMF) has extended financial lifelines to Pakistan. But where does this money really go? This exposé explores the...
Former Chief Economic Advisor Subramanian used his official position to pressure the Union Bank to purchase his book in large quantities

Union Bank probes lapses in procurement of Subramanian’s book costing Rs.7.25 cr. Bank MD...

Team PGurus - 1
Union Bank admits ordering 2 lakh copies of KV Subramanian’s book, flags procurement 'lapses' State-owned Union Bank of India on Tuesday said it is examining...
In its report titled India Poverty and Equity Brief, the multilateral agency said that extreme poverty—defined as living on less than $2.15 per day—fell to 2.3% of the population in 2022–23, down from 16.2% in 2011–12

India lifted 171 million people from extreme poverty between 2011-12 and 2022-23: World Bank

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India’s triumph in combating poverty The World Bank’s latest report says India has lifted 171 million people from extreme poverty in the decade between 2011-12...
Despite the deflation, Sri Lanka’s central bank expects inflation to remain negative in the coming months due to further reductions in energy prices and food costs

Sri Lanka sees highest deflation in 61 years amid economic struggles

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Sri Lanka experiences historic 2.1% deflation, marking the worst in 61 years Sri Lanka recorded its highest deflation rate in over six decades, with consumer...
The IMF projected India's GDP growth at an impressive 7 percent for FY25 and 6.5 percent for FY26

IMF predicts India as key growth driver in Asia-Pacific region

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India set to lead region's economic recovery amid global uncertainties, says IMF The International Monetary Fund (IMF) has reaffirmed India's status as the world's fastest-growing...
World Bank Chief says a lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign

India’s growth rate among shiniest in global economy: World Bank Chief Ajay Banga

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World Bank Chief highlights India’s stellar growth rate On Thursday, World Bank President Ajay Banga highlighted that India's growth rate stands out as the brightest...
As of the week ending September 6, India's forex reserves surged by $5.2 billion to a record high of $689.24 billion

RBI’s forex reserves poised to exceed $700 billion sooner than expected in FY25

PGurus Newsdesk - 1
RBI data reveals foreign currency assets grew by $5.10 bn to total $604.1 bn Despite global economic challenges and escalating geopolitical uncertainties, India's foreign exchange...
The development has sparked concerns about the US's escalating debt problem and its implications for their economy

US national debt surpasses $35 trillion for first time, raising economic concerns

PGurus Newsdesk - 0
Ballooning US debt a ticking time bomb for world economy The United States federal government's total public debt has exceeded $35 trillion for the first...
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