Gita Gopinath News
26.01 / 08:29
COST
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Heed Gita Gopinath’s warning from Davos: Pollution is silently taxing India’s health and growth
Subscribe to enjoy similar stories. When Harvard Professor Gita Gopinath told a Davos audience that pollution costs India more dearly than tariffs, she wasn’t being provocative. She was making a strictly economic point: pollution is a continuous tax on productivity, public finances and human capital—unlike tariffs, which are episodic and negotiable.
27.01 / 01:49
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economy
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Mint Quick Edit | The US Fed’s rate call this week: White House whim is unlikely to play a role
Subscribe to enjoy similar stories. US President Donald Trump’s open attempts at glaring the Federal Reserve down into rate cuts notwithstanding, it looks unlikely that America’s central bank will oblige as its two-day monetary policy review begins on Tuesday. Inflation is still above the Fed’s 2% target and could rise more as the economy gains momentum on the back of past cuts.
01.11 / 01:25
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Digital
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beautiful
Videos
Diwali celebration: 'Om Jai Jagdeesh Hare' played at White House festivities, IMF's Gita Gopinath praises
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), shared a video on Thursday featuring the White House military band playing the prayer "Om Jai Jagdeesh Hare" as part of Diwali celebrations. In the video posted by Gopinath on X, the White House was beautifully adorned with marigold flowers, and many guests were seen wearing traditional Indian attire. «Wonderful to hear the White House military band play Om Jai Jagdeesh Hare for Diwali. Happy Diwali,» she wrote in her post.
21.08 / 01:40
markets
UPS
FIVE
economy
PwC
International
Why Singapore's Mars, UAE's Lunate, Korea's KIC are keen to open shop in India
AUM of $150 billion) and Singapore-based Mars Growth Capital Partners (AUM $1.5 billion), according to two people familiar with the plans. Others that have set up local operations since this January include South Korea’s sovereign fund KIC, Japan’s Advantage Partners, and Singapore-based Growtheum Capital Partners.
20.08 / 03:57
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Career
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country
rights
International
Abandon prejudices for women's participation in workforce to rise
International Monetary Fund (IMF) deputy managing director Gita Gopinath recently observed that increasing workplace safety is an important factor in raising women’s participation in the labour force and the workforce (the former makes up for a broader cohort, of those looking for work, in addition to those who are at work and comprise the workforce). This has particular resonance in India right now, given the shock and outrage across the country over the gruesome rape and murder of a medical intern at a Kolkata hospital earlier this month. IMF research shows that closing the gender gap in labour force participation rates (LFPR) can raise gross domestic product (GDP) in developing countries significantly.
18.08 / 19:34
UPS
Sustainability
Healthcare
Trade
stage
country
India a favoured partner as world trade diversifies: Gita Gopinath
Gita Gopinath said, while flagging concerns around the growing sentiment against de-globalisation and protectionism. She said countries are certainly becoming more selective about their trading partners. “In that sense, India is in a bit of a favoured position because for many countries, India is an attractive country to work with in terms of diversifying their trading partners… so that plays a beneficial role for India,” Gopinath told ET.
17.08 / 05:16
29.05 / 03:39
UPS
Provident
Target
economy
reports
Interviews
International
IMF Lifts China growth forecast to 5% citing fast start to 2024
International Monetary Fund now expects China’s economy to grow 5% this year, raising its forecast from 4.6% earlier this year to reflect a strong expansion at the start of 2024 and additional support from the government. The Fund expects the momentum to continue, raising its gross domestic product forecast for next year to 4.5% from 4.1%, according to a press release published Wednesday.
16.01 / 14:09
markets
COST
UPS
Remark
rights
International
It’s too soon to bet on aggressive rate cuts, says IMF executive
Market expectations for rapid interest-rate cuts are a bit premature because the battle against inflation isn’t yet over, International Monetary Fund official Gita Gopinath said.
03.01 / 09:52
Provident
security
economy
Trade
War
electronic
Politicisation of trade is immoral and unsustainable, China says
BEIJING (Reuters) — China on Wednesday said a situation in which national security restrictions severely impede global growth due to «the politicisation of economic and trade issues» would be «immoral and unsustainable». after a International Monetary Fund warning.
11.12 / 15:59
economy
Remark
IMF's Gita Gopinath warns fragmentation of global economy could cut GDP by 7%
International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a «new Cold War» given the Ukraine war and tensions between the United States and China. First Deputy Managing Director Gita Gopinath told the International Economic Association in Medellin, Colombia, that losses could reach 2.5% to 7% of global gross domestic product if the world economy fragmented into two blocs.
07.12 / 16:33
Provident
Strategy
President
country
cover
electronic
innovations
India’s AI regulations will allow room for innovation, but with eye on safety, says top govt. official
NEW DELHI : India will take a light-touch approach in regulating artificial intelligence to allow sufficient room for innovation, emulating how IT services companies were allowed to flourish in the 1990s. Despite recognizing key challenges to be resolved in the evolution of AI in India, the Union government sees AI as a sector where “the positives outweigh the negatives", S.
07.11 / 07:58
Gap
Strategy
economy
strain
2024
IMF upgrades China's 2023, 2024 GDP growth forecasts
BEIJING (Reuters) -The International Monetary Fund on Tuesday upgraded its 2023 gross domestic product growth forecast for China to 5.4% from 5%, citing a «strong» post-COVID-19 recovery, but said the fund still expected the world's second-biggest economy to slow next year.
01.09 / 15:31
23.08 / 17:41
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star
Chandrayaan-3 Moon landing: From Gautam Adani to Anand Mahindra, how prominent people reacted
Chandrayaan-3 mission and posted several tweets after the successful landing. “From the dawn of humankind we have gazed at the moon and let it work its magic on our minds. The moon turned us into dreamers.
28.06 / 09:35
markets
Ethereum
SEC
HSBC
Central Bank
Futures
Ethereum Options
Ethereum price won't see $2K anytime soon, market data suggests
Ether (ETH) price faced strong resistance at $1,920 after the 17.5% rally between June 15 and June 22. A number of factors contributed to the limited upside, including worsening macroeconomic conditions, the regulatory cryptocurrency environment, and weaker demand for decentralized applications (DApps) on the Ethereum network.
17.12 / 12:29
IMF
International Monetary Fund
Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist
International Monetary Fund (IMF) Chief Economist Gita Gopinath has made a strong case for regulating cryptocurrencies, saying it will always be a challenge to ban them as they operate from offshore exchanges. Gopinath also suggested a global policy and co-ordinated action for regulating cryptocurrencies.
16.12 / 23:22
UPS
Digital
Action
IMF Chief Economist stresses on ‘need for global policy’ on crypto regulation
The cryptocurrency boom witnessed in the last couple of years has sprung many countries into action over regulating the digital industry. Naturally, their regulatory approaches have varied based on factors relating to their individual economies. The International Monetary Fund, however, is firming its insistence on adopting a global regulatory framework instead.
16.12 / 17:25
Ethereum
Adoption
Bitcoin
IMF chief economist calls for global policy on cryptocurrency
Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it.
16.12 / 16:23
Action
Cryptocurrencies A Challenge For Emerging Markets, Regulation Needed: IMF Chief Economist
Gopinath suggested a global policy and co-ordinated action for regulating cryptocurrencies.
16.12 / 12:38
regulation
IMF
Hard to Regulate Crypto Without Global Consensus, Admits Top IMF Official
A key figure at the International Monetary Fund (IMF) has conceded that regulating crypto will need nothing short of a concerted global effort – and a worldwide agreement on crypto that most would argue seems far from achieving any time soon.
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