5 result(s) for “Finance Ministry”
The Finance Ministry's September monthly review says India entered Q2 from a position of strength, but rising oil prices, climate shocks, and geopolitical and monetary headwinds threaten inflation, capital inflows and the currency.
The Office for National Statistics revised second quarter GDP up to 0.5 percent on September 30, 2026, citing stronger business investment and rising real household disposable income. The upgrade narrows the current account deficit and positions the UK as the fastest growing G7 economy in the first half of 2026.
A visiting IMF team has begun formal review talks in Islamabad. Pakistan says it expects roughly $1.2 billion under two IMF facilities if the review concludes successfully, while the Fund is pressing for progress on sovereign wealth fund governance and procurement reforms.
The finance ministry and the Reserve Bank instructed branches to operate on Sunday, September 27, 2026, to reduce disruption ahead of a three day strike called by bank unions from September 28 to 30. The step aims to protect cash access and critical services while unions press for a five day work week and other demands.
Following a weeklong visit to New Delhi, IMF deputy managing director Nigel Clarke hailed India as a central engine of global expansion but called on New Delhi to strengthen statistical methods and raise productivity to sustain growth for all.