Economy

Pakistan to agree outline of new IMF loan in May: minister
The nation has kicked off talks with ratings agencies to lay the groundwork for a return to international debt markets
IMF further trims GDP growth forecast for Bangladesh
The IMF projects that consumer prices in the country will rise by 7.9 percent by the end of the fiscal year
IMF sees slow, steady global growth
While initial price spikes have faded since Russia's invasion of Ukraine, a widening of the conflict could cause them to intensify, the IMF says
India's industrial output grows at fastest rate in four months in February
Manufacturing output in February rose 5% year on year, slower than the 5.9% rise posted in the same month last year
Tame US producer price data soothes inflation concerns
The producer price index for final demand rose 0.2% last month after increasing by an unrevised 0.6% in February
ADB forecasts 6.1% growth for Bangladesh
Despite macroeconomic headwinds, resilient exports and structural reforms are expected to accelerate growth, it said
US consumer prices heat up in March
US consumer prices increased more than expected in March as Americans continued to pay more for gasoline and rental housing
Fitch cuts China's ratings outlook on growth risks
Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances