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Gita Gopinath: From scoring 45% in Class 7 to becoming IMF No 2

Gita Gopinath was born in December 1971 in West Bengal’s Kolkata and grew up in Mysuru in Karnataka.
Gita Gopinath was interested in sports, learned the guitar and also participated in a fashion show. (AFP File Photo)
Gita Gopinath was interested in sports, learned the guitar and also participated in a fashion show. (AFP File Photo)
Published on Dec 03, 2021 12:40 PM IST
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Byhindustantimes.com | Written by Meenakshi Ray, New Delhi

In surprise move, IMF chief economist Gita Gopinath to take top leadership role

The move comes as a surprise because Gita Gopinath, the first woman to serve as the IMF’s chief economist, had said in October she planned to rejoin Harvard University in January.
International Monetary Fund Chief Economist Gita Gopinath.(Reuters / File)
International Monetary Fund Chief Economist Gita Gopinath.(Reuters / File)
Published on Dec 03, 2021 07:14 AM IST
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Bloomberg |

IMF chief economist Gita Gopinath to leave post, rejoin Harvard University

  • The 49-year-old prominent Indian-American economist had joined the International Monetary Fund (IMF) as the Chief Economist in January 2019.
International Monetary Fund Chief Economist Gita Gopinath(REUTERS)
International Monetary Fund Chief Economist Gita Gopinath(REUTERS)
Published on Oct 20, 2021 02:33 PM IST
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PTI | | Posted by Shankhyaneel Sarkar, Washington

IMF warns of darkening prospects in developing countries | Growth forecast table

  • The International Monetary Fund (IMF) noted that although the global economic recovery is continuing, the fault lines opened up by the coronavirus disease (Covid-19) pandemic are looking “more persistent.”
Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington on Tuesday.(Bloomberg)
Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington on Tuesday.(Bloomberg)
Published on Oct 12, 2021 09:33 PM IST
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Byhindustantimes.com, Hindustan Times, New Delhi

IMF cuts India's growth forecast to 9.5% from 12.5% for FY 2021-22

  • IMF’s chief economist Gita Gopinath said lack of access to vaccines and renewed waves of Covid-19 cases in some countries, notably India, have led to downgrades.
Gita Gopinath, chief economist at the International Monetary Fund (IMF).(Bloomberg)
Gita Gopinath, chief economist at the International Monetary Fund (IMF).(Bloomberg)
Published on Jul 27, 2021 06:56 PM IST
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Byhindustantimes.com | Edited by Kunal Gaurav, Hindustan Times, New Delhi

'India stands out in terms of its Covid-19 vaccine policy', says IMF's Gopinath

Gopinath appreciated India's effort with its coronavirus vaccine policies when asked by the permanent representative of UAE to the UN, Lana Nusseibeh.
IMF chief economist Gita Gopinath said that India is at the 'forefront' of fighting the pandemic.(Bloomberg/file)
IMF chief economist Gita Gopinath said that India is at the 'forefront' of fighting the pandemic.(Bloomberg/file)
Updated on Mar 09, 2021 12:55 PM IST
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Byhindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi

Gita Gopinath cautions against tightening of policy support amid pandemic

"It would be damaging (for India) to start tightening of policy support in the midst of the pandemic," the chief economist of the Washington-based global financial institution said. Noting that India's debt-to-GDP ratio has gone up to 85 per cent, she said the country's banking sector is vulnerable.
Gita Gopinath pointed out that India has relied heavily on indirect support measures, including loans, equity and credit guarantees during the pandemic.(Bloomberg)
Gita Gopinath pointed out that India has relied heavily on indirect support measures, including loans, equity and credit guarantees during the pandemic.(Bloomberg)
Published on Jan 28, 2021 10:32 PM IST
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PTI | , New Delhi

India’s new agri laws have potential to raise farm income: IMF's Gita Gopinath

There are multiple areas where the reforms are needed, including infrastructure, the Chief Economist of the Washington-based global financial institution said on Tuesday.
Gopinath, in response to a question on the new farm laws, said: “These particular farm laws were in the area of marketing.
Gopinath, in response to a question on the new farm laws, said: “These particular farm laws were in the area of marketing."(File photo)
Published on Jan 27, 2021 11:24 PM IST
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PTI | , Washington

IMF favours extension of pandemic support, thrust on infra investment in Budget

On Tuesday, the IMF projected an impressive 11.5% growth rate for India in 2021. While this is attributable to the stronger than expected recovery, Gopinath said India still has some distance to go.
Under an adverse economic scenario considered by the IMF, the world’s banks would fall $420 billion below regulatory capital requirements.(Reuters file photo)
Under an adverse economic scenario considered by the IMF, the world’s banks would fall $420 billion below regulatory capital requirements.(Reuters file photo)
Published on Jan 27, 2021 03:32 PM IST
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PTI |

Covid-19: IMF says pandemic hit global economy projected to grow at 5.5% in 2021

"We project global growth for 2021 at 5.5 per cent, 0.3 percentage point higher than our October forecast, moderating to 4.2 per cent in 2022,” said Gita Gopinath, Chief Economist of the IMF.
The Indian-American economist said the projected recovery in growth this year follows a severe collapse in 2020.(Bloomberg)
The Indian-American economist said the projected recovery in growth this year follows a severe collapse in 2020.(Bloomberg)
Published on Jan 26, 2021 07:55 PM IST
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PTI | , Washington

Gita Gopinath can't contain excitement at being subject of KBC question

  • Gita Gopinath, the Chief Economist of the International Monetary Fund, couldn't contain her excitement at being the subject of a Kaun Banega Crorepati question.
Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington.(Bloomberg)
Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington.(Bloomberg)
Published on Jan 22, 2021 05:48 PM IST
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India’s GDP to shrink 10.3% in FY21, says IMF

Without naming India, IMF chief economist Gita Gopinath said emerging market and developing economies are managing this crisis with fewer resources, as many are constrained by elevated debt and higher borrowing costs.
A vendor weighs vegetable next to an advertisement of Paytm, a digital payments firm, hanging amidst his vegetables at a roadside market in Mumbai.(REUTERS)
A vendor weighs vegetable next to an advertisement of Paytm, a digital payments firm, hanging amidst his vegetables at a roadside market in Mumbai.(REUTERS)
Updated on Oct 14, 2020 06:14 AM IST
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Livemint, New Delhi | ByAsit Ranjan Mishra

V-shaped recovery not guaranteed, IMF chief economist Gita Gopinath warns UK

Globally, this will likely be a prolonged recovery, with activity levels below pre-crisis levels even by the end of 2021. There are still upside risks, IMF chief economist Gita Gopinath said.
Gita Gopinath, chief economist with the International Monetary Fund (IMF) has warned of a prolonged recovery.(Bloomberg)
Gita Gopinath, chief economist with the International Monetary Fund (IMF) has warned of a prolonged recovery.(Bloomberg)
Updated on Jul 02, 2020 01:45 PM IST
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ByBloomberg | Posted by Kanishka Sarkar

Covid-19 fallout: IMF weighs plan to re-allot SDR to low-income nations

IMF chief economist Gita Gopinath said the SDR allocation issue is being discussed and that there is no consensus on it at this point.
Gita Gopinath, chief economist at the International Monetary Fund (IMF)(Bloomberg File Photo)
Gita Gopinath, chief economist at the International Monetary Fund (IMF)(Bloomberg File Photo)
Updated on Jun 10, 2020 08:06 AM IST
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Mint, New Delhi | ByAsit Ranjan Mishra

‘Prepare for attack’: Chidambaram warns after IMF, Gita Gopinath give India growth numbers

The senior Congress leader pointed out to Gita Gopinath’s previous lowdown of the Centre’s demonetisation move as he launched his latest critique of the government.
Senior Congress leader P Chidambaram cautions IMF and its chief economist Gita Gopinath.(Samir Jana / Hindustan Times)
Senior Congress leader P Chidambaram cautions IMF and its chief economist Gita Gopinath.(Samir Jana / Hindustan Times)
Updated on Aug 29, 2020 12:09 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

India should avoid fiscal stimulus, opt for easing policy: IMF

Growth slump IMF calls for urgent policy actions to address the downturn.
Ahead of the World Economic Outlook Update which will be released next month, IMF chief economist Gita Gopinath has indicated that India’s growth projection is likely to be sharply revised downward.(Bloomberg)
Ahead of the World Economic Outlook Update which will be released next month, IMF chief economist Gita Gopinath has indicated that India’s growth projection is likely to be sharply revised downward.(Bloomberg)
Published on Dec 25, 2019 07:59 AM IST
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Livemint, New Delhi | ByAsit Ranjan Mishra

IMF calls for ‘urgent’ action by India amid economic slowdown

Declining consumption and investment, and falling tax revenue, have combined with other factors to put the brakes on one of the fastest growing economies in the world, the IMF said in its annual review.
Indian laborers carry a giant basket of vegetables to a wholesale market in Kolkata, India. Image for representation(AP file photo)
Indian laborers carry a giant basket of vegetables to a wholesale market in Kolkata, India. Image for representation(AP file photo)
Updated on Dec 24, 2019 08:42 AM IST
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Washington | ByAgence France-Presse

How to tackle India’s current deceleration | HT Analysis

Increase wages of MGNREGA workers; increase the disbursal for food subsidy, and boost public investment
Union finance minister Nirmala Sitharaman at a press conference, New Delhi, November 6, 2019
Union finance minister Nirmala Sitharaman at a press conference, New Delhi, November 6, 2019
Published on Nov 10, 2019 07:06 PM IST
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ByDeepankar Basu

IMF cuts India’s growth forecast to 7 per cent for 2019

“India’s economy is set to grow at 7.0 per cent in 2019, picking up to 7.2 per cent in 2020. The downward revision of 0.3 percentage point for both years reflects a weaker-than expected outlook for domestic demand,” the International Monetary Fund (IMF) said in its World Economic Update.
Workers transport goods at Khari Baoli spice market in New Delhii. India will still be the fastest growing major economy of the world and much ahead of China, Washington-based global financial institution said.(Bloomberg file photo)
Workers transport goods at Khari Baoli spice market in New Delhii. India will still be the fastest growing major economy of the world and much ahead of China, Washington-based global financial institution said.(Bloomberg file photo)
Updated on Jul 23, 2019 08:36 PM IST
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New Delhi | ByPress Trust of India

India will be the world skill capital by 2022: Sushma

Yuva Pravasi Bharatiya Divas is a part of Pravasi Bharatiya Divas Convention, which the government organises to engage with the Indian diaspora estimated to be the world’s largest and about 51 million strong spread across the globe.
Varanasi: External Affairs Minister Sushma Swaraj, Uttar Pradesh Chief Minister Yogi Adityanath and others during the inauguration ceremony of 15th edition of the Pravasi Bhartiya Divas (PBD) at Deen Dayal Trade Facilitation Centre, in Varanasi, Monday, Jan. 21, 2019. (MEA Photo via PTI).(PTI)
Varanasi: External Affairs Minister Sushma Swaraj, Uttar Pradesh Chief Minister Yogi Adityanath and others during the inauguration ceremony of 15th edition of the Pravasi Bhartiya Divas (PBD) at Deen Dayal Trade Facilitation Centre, in Varanasi, Monday, Jan. 21, 2019. (MEA Photo via PTI).(PTI)
Published on Jan 21, 2019 11:03 PM IST
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Varanasi | ByHT Correspondent

Indian-American Gita Gopinath joins IMF as its first female chief economist

Gopinath, 47, joined last week at a time, when she believes the world is experiencing a retreat from globalisation, posing challenges to multilateral institutions.
Prominent Indian-American economist Gita Gopinath has joined as the chief economist of the International Monetary Fund, becoming the first woman to occupy the top post at the global lender.(HT Photo)
Prominent Indian-American economist Gita Gopinath has joined as the chief economist of the International Monetary Fund, becoming the first woman to occupy the top post at the global lender.(HT Photo)
Updated on Jan 08, 2019 09:22 PM IST
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Washington | ByPress Trust of India

India-born Gita Gopinath joins IMF as its first female chief economist

Gopinath, 47, joined last week and believes the world is experiencing a retreat from globalisation, posing challenges to multilateral institutions.
Gopinath succeeds Maurice (Maury) Obstfeld.(FILE PHOTO)
Gopinath succeeds Maurice (Maury) Obstfeld.(FILE PHOTO)
Published on Jan 08, 2019 12:44 PM IST
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Washington | ByPress Trust of India

Note ban slowed down GDP by 2% points in Q4 2016, says economist Gita Gopinath

Gita Gopinath co-authored the research paper titled ‘Cash And The Economy: Evidence From India’s Demonetisation’.
India-born Harvard professor Gita Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month.(economics.harvard.edu)
India-born Harvard professor Gita Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month.(economics.harvard.edu)
Updated on Dec 19, 2018 09:28 AM IST
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New Delhi | ByPress Trust of India

Flexible intellectual property will help China to diffuse trade tensions: IMF

China and the US are currently engaged in a trade conflict and have slapped tit-for-tat tariffs of hundreds of billions of dollars on each other’s goods.
The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington.(REUTERS)
The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington.(REUTERS)
Published on Dec 10, 2018 10:55 AM IST
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Washington | ByPress Trust of India

India’s growth under PM Narendra Modi ‘very solid’, says IMF chief economist

Noting that there has long been a legacy of corporate debt associated with bad infrastructure projects in India, Obstfeld said it has been very concentrated in banking system.
IMF’s Chief Economist Maurice Obstfeld has said India’s growth under Prime Minister Narendra Modi has been “very solid” over the past four years.(HT File Photo)
IMF’s Chief Economist Maurice Obstfeld has said India’s growth under Prime Minister Narendra Modi has been “very solid” over the past four years.(HT File Photo)
Updated on Dec 10, 2018 07:47 AM IST
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Washington | ByPress Trust of India

10 things you must know about Gita Gopinath, International Monetary Fund’s first woman chief economist

Gita was born in Calcutta and grew up in India, and has written around 40 research articles on topics such as exchange rates, trade and investment, monetary policy and international financial crises.
Gita Gopinath is one of the world’s outstanding economists, an IMF statement said.(Photo: Twitter/@IMF)
Gita Gopinath is one of the world’s outstanding economists, an IMF statement said.(Photo: Twitter/@IMF)
Updated on Oct 03, 2018 06:25 PM IST
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Hindustan Times, Delhi | ByHT Correspondent

Harvard professor Gita Gopinath appointed chief economist of International Monetary Fund

Prof. Gita Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.
Gita Gopinath is one of the world’s outstanding economists, an IMF statement said.(Photo: Twitter/@IMF)
Gita Gopinath is one of the world’s outstanding economists, an IMF statement said.(Photo: Twitter/@IMF)
Updated on Oct 01, 2018 09:15 PM IST
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New Delhi | ByHT Correspondent
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